Saturday, July 08, 2017 9:38:32 AM
TRTC used up all the money on insider enrichment and inflated costs. TRTC is NOT 80% done, where did you pull that number? TRTC needs at least $50 million to complete the "build-out" in TRTC's stock sales pitches.
What are the excuses for needing more capital after inefficiently using what they had?
I guess more toxic-financing that hurts common share value, then once the pps is crushed, then they do the R/S which shifts equity from common stock to the R/S immune insider preferred stock.
I believe a new entity will emerge from the ashes of TRTC and BLUM will be born, with a fresh capital structure, no pie in the sky capital spending plans and a decent capital structure that will attract real investment and possibly an uplist.
Bottom line, TRTC is a stupid "investment", watch the crash and burn, then buy BLUM from the TRTC ashes.
BLUM will be led by Martin Kaufman and Salwa, current large preferred shareholders, who perform the day-to-day strategy and operations.
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