Blum Holdings Inc (BLMH)

[mfdesigner]

TRTC is the public-facing "private secretary" to many private companies. All it does is to manage stock selling activities and SEC reporting. The money it collects (from selling shares) is used to hire private contractors to do the real jobs such as building and running dispensaries or manufacturing MJ products.

By doing so, the cost of goods sold will always be at 90% or more of the revenues... plus heavy admin expanses and annual bonus given to insiders for bookkeeping, I don't see how it can make profit for years to come.

The real profit all goes to those private companies hired by TRTC to do the real work. And these companies always overcharge.