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Monday, April 25, 2016 11:22:45 AM
The reverse split and the authorized shares are good for this company. I am glad they are doing it, but the preferred shareholders are completely protected from the fallout. The common shareholder always get it up the...
There are a lot of uninformed investors that are this stock without that knowledge and probably don't care. This amendment and will raise the price per share to complete one of the requirements for up listing to the NAS. All good for TRTC....a new share offering to investors with deeper pockets and possibly institutional ownership as well. All good for TRTC.......
For the common investor at the lower end of the food chain...not so good. Dilution will always be dilution...
20,000 shares becomes 1000 shares....Reverses are never good for the common stock holder no matter how they sell it. I think TRTC still has upside until this happens. Once it happens I would jump ship until the price settles down...and then to the moon Alice.
MHO
CH
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