Thursday, May 26, 2016 2:28:27 AM
Using a standard market cap of $140MM TRTC will increase OS to 950MM. 1 for 10 to 95MM, b shares convert to 200, total OS is 295MM, pps is .147 pre-split to .474
Account Value ->
1,000 shares @ 0.147 = $147
100 shares @ 0.474 = $47.4
Management owns 2/3's of the company, current common owns 1/3. Prevents takeover, can still issue lots of shares to acquire many things, and allows for the option of uplist with a generous increase in market cap. $1.5B @ $5/share. Also I suspect market cap will increase with acquisitions and accumulation of goodwill for brands or what have you.
Let's be even more generous and say they acquire a measly 10% of the projected marijuana market of $23B by 2020. Valued at 1.5x revenue they would command a market cap of around $3.45B, or $11.70/share.
100 shares @ 11.70 = $1,170
Seriously this is a stupid game and unless Derek Peterson is simply the world's biggest, dumbest jerk this could make everybody stupid rich. I doubt the SEC would say much about his bad-boy behavior if everybody makes some money.
Account Value ->
1,000 shares @ 0.147 = $147
100 shares @ 0.474 = $47.4
Management owns 2/3's of the company, current common owns 1/3. Prevents takeover, can still issue lots of shares to acquire many things, and allows for the option of uplist with a generous increase in market cap. $1.5B @ $5/share. Also I suspect market cap will increase with acquisitions and accumulation of goodwill for brands or what have you.
Let's be even more generous and say they acquire a measly 10% of the projected marijuana market of $23B by 2020. Valued at 1.5x revenue they would command a market cap of around $3.45B, or $11.70/share.
100 shares @ 11.70 = $1,170
Seriously this is a stupid game and unless Derek Peterson is simply the world's biggest, dumbest jerk this could make everybody stupid rich. I doubt the SEC would say much about his bad-boy behavior if everybody makes some money.
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