Everything you just copied and pasted and explained for the newbies is exactly why this company is so frustrating. It is why we all get so angry with Derek Peterson and the insider enrichment gang.
If they were less greedy and took the mindset of this is our company and we are in it for the long haul.
A few different moves and the shareholders would be on the same page as them and praise the company everywhere they could.
But they keep working against longevity and shareholders interests, and only feed their own greed.
I mean the assets are there....the growth has been good for the last 2 years.
It just seems they could care less about shareholders wealth, because they are waiting to sell out to the biggest bidder. If thats the case who cares about shareholders. Like Derek said " if someone wanted to buy in or buy trtc, and they wanted us to clean things up we would"
Meaning he would consolidate the numbers and reset things for the new owners.
I am not blind of where TRTC's journey has taken them. From a dream of "pics and axes" mentality in supplying the tools of the mj trade to get in the market--> to the edible gardens to generate revenue until a move can be made in Lv--> to buddying up with NV senators son and getting permits --> Buying Blum OAK--->Trying to gain permits and market share in CA--> switch seeds in NJ
Thats takes hard work, time, and money. i get it
But lets face it ...IHMO a lot of the money generated from selling 1 billon shares strategically, toxic fins , and lets not forget revenue has been filtered back into their pockets.
I am not saying they do not deserve a great salary and even a very nice bonus every year...but usually companies in the growth phase tend to be little more conservative.
As of today there should be no need to dilute shares anymore period! The revenue is there now.
If i was to be honest...i think half the expenses are fake and are declared for tax purposes.
Derek Peterson's next conference call should be a state of the union address!
He should answer the tough questions....and unite shareholders.
I can't wait to see the 4th quarter numbers and the 2018 revenue guidance, along with answers to the questions we debate on here daily.
To me its a make or break moment....He needs to rally the troops and make this call real, and not a homecoming rally.
