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Re: Magnum7419 post# 242268

Friday, 12/15/2017 8:24:32 AM

Friday, December 15, 2017 8:24:32 AM

Post# of 290030
Can you say UNREALISTIC BUBBLE?That's what TRTC,as well as a lot of other mj affiliated stocks, were at that time.It was a medical mj bubble and it popped.Welcome to the NOW,when a solid business is actually in play with TRTC.As you stated,with the assets they had at that time,they weren't really much of a business.More of a dream,a fledgling company just getting off the ground.NOW the tide has turned.Legal RECREATIONAL mj is a REALITY and it's coming to a state near you.TRTC has built a pretty fine business over the past few years in anticipation of this new reality.Revs are going up year after year.With California legal rec TRTC will be knocking on the door of 100 million 2018 revs.And don't give me a bunch of bad math about the COGS going up at the same rate as revs,cuz anyone with any business sense knows that just isn't true.A huge chunk of expenses in recent years is part of growing out,acquiring buildings and partnerships and building the companies footprint to what it is NOW.They are NOT ongoing expenses.The American mj market is just beginning.Look at the valuation of the big Canadian companies vs. TRTC.No reason at all for TRTC's valuation to not mirror those #'s in a very short time.TRTC is 10 times the company it was in 2014.