![](https://investorshub.advfn.com/uicon/368039.png?cb=1507811833)
Friday, October 28, 2016 11:57:08 AM
Anyways, TRTC is one of the most exciting penny stocks I have ever come across despite the obvious dilution. If you're trading a penny stock (especially pot ones) you have to expect dilution, its just that simple. You also have to remind yourself- the share holders who can dilute aren't going to want to run this into he ground because then they won't make money either.
Regardless, TRTC is arguably the only legit stock available in this sector and the CEO knows what he is doing and will be able to secure alternative/more shareholder friendly financing as soon as the law allows it (loved on 8k today the clause that company can pay back note with cash at any time if they want). The CEO was a Senior VP at Wells Fargo so the dude has connects on Wall Street. Back to the above mentioned alternative financing methods I envision- has anyone here ever heard of REIT's for example? If not- just google "marijuana REIT;" its a great new way for lenders and private capital to loan money to pot companies despite federal law prohibiting it. This is just the first of what I suspect to be several creative ways for mjna companies to raise capital in the future without diluting and of course one day federal law will change once the state dominos continue to fall and then the sky is really the limit because once again, we have a CEO who is well connected on Wall Street. Therefore TRTC grabbing market share is all I care about right now and that's exactly what they are doing. If the PPS goes down I will keep adding more (only hold $2k worth of shares right now and hope to get that number up to $10k).
Near term the only thing that matters is how the votes turn out, especially in California and Nevada. I've done my research and am very confident for both, despite the big-pharma lobbying efforts in NV (been shorting biotech sector very successfully, they're terrified of mjna legalization for the reasons mentioned in this article). The front running for the vote has already started obviously, but TRTC has consolidated healthily and is poised for a new major pop up into blue sky territory if and when NV and CA legalize. Everyone and their mother will buy TRTC should the votes go through.
GLTA!
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM