Friday, November 10, 2017 4:49:39 PM
And as I was discussing with a shareholder:
"On 04/07/2017 Peterson zeroed out his shares - by 08/21/2017 he had 13,480,144 shares."
Through 09/21/2017 he continued selling until his Holdings were 56,577 shares.
Then on 10/03/2017 - he sold 82,872 shares but his Holdings were 2,483,705 shares.
Peterson is relentless in gifting himself stock - along with the other insiders.
I think Peterson has a exit strategy.
If the revenue from dispensaries etc is really great - Peterson can zero out the intangible assets and quickly become insolvent.
Then he files for bankruptcy and as part of the Plan of Reorganization - TRTC is private - the Equity Interest is canceled and shareholders are wiped out.
This relieves him of his SEC filing obligations and the SEC/FINRA oversight.
Peterson has ridden the backs of shareholders to get to this point and now he doesn't have a need for investors any longer.
Peterson and friends have been dumping stock like they are going for a exit strategy.
Then we have the problem with Kenneth P. Krueger and Peterson still has the same pump and dump attorney - Thomas Puzzo.
On a superficial look - TRTC might look great but there are some very serious problems.
IG
"The Hour Between Dog and Wolf"
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