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Re: IndustryParticipant post# 235801

Monday, 10/09/2017 7:14:03 PM

Monday, October 09, 2017 7:14:03 PM

Post# of 290030
What? I hope this isn't serious - "Why would one utilize previous financials, be that the last 1, or the last 8, for an entity whose operations are not even yet open?"

That is too funny - just ignore past toxic funding - ignore dilution - ignore the insiders gifting themselves stock...

That is absolutely the most ridiculous statement I have read about doing research and DD. Hell, it is time to break out the MM manipulation - MM signals (911 news coming out LMAO!) - the nefarious offshore naked shorters - the infamous MOASS...

Once again the fixation on revenue is a rookie investor mistake and a simplistic understanding of a financial statement.

When you look at the TRTC assets and see that $51 million is from Intangible assets and Goodwill - out of the Total Assets of $77 million - that is a huge red flag totally misunderstood by most TRTC investors.

So when you ask: "Why would one utilize previous financials, be that the last 1, or the last 8, for an entity whose operations are not even yet open?" - it shows a complete lack of understanding of basic business practices.

IG

"Straight Facts Homey!"