Monday, May 08, 2017 3:35:28 PM
From I have seen over the years - I have a feeling the TRTC game plan is disastrous for shareholders.
If you look at the financials and the insiders dumping - it seems as though Peterson and friends are taking as much money from the company as possible - increasing the debt and losses to the point of filing for bankruptcy.
This would serve two purposes - when revenues increase because of Vegas and California - file for bankruptcy and wipe out shareholders and keep all of the profit for themselves.
Then reorganize and take a new company public.
That way they could maximize their profit from TRTC.
If Peterson was building TRTC into a real business he and the other insiders wouldn't be dumping shares.
We will see how it plays out.
IG
"The Hour Between Dog and Wolf"
FEATURED POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM
Bantec's Howco Short Term Department of Defense Contract Wins Will Exceed $1,100,000 for the current Quarter • BANT • Jun 25, 2024 10:00 AM
ECGI Holdings Targets $9.7 Billion Equestrian Apparel Market with Allon Brand Launch • ECGI • Jun 25, 2024 8:36 AM
Avant Technologies Addresses Progress on AI Supercomputer-Driven Data Centers • AVAI • Jun 25, 2024 8:00 AM
Green Leaf Innovations, Inc. Expands International Presence with New Partnership in Dubai • GRLF • Jun 24, 2024 8:30 AM