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Thursday, March 01, 2018 11:55:19 AM
But now we are at a situation where the OS count is maxed out at 1 billion shares, and lets face it the toxic financing deals are not on good terms from a share holder point of view.
So the problem at hand is --> How do they pay their bills and expand if the free ATM machine ( our common shares) is running dry?
Me personally...i would like a 5 to 1 reverse split which would take our os count down to 197 million OS
That would increase the PPS, and allow them to up-list soon after.
The PPS would skyrocket to Canadian levels as our revenue increases and expenses decrease.
I would also love for the dilution to end...and have legit banking ...but that may take awhile.
So i think the 2018 revenue guidance and the 4th quarter report will tell us where they might be heading.
Clearly reverse splitting would be the easiest and most used financial tool companies at this stage have used in the past. But maybe TRTC will be more creative?
Derek Peterson needs a state of the union address to rally the troops with a NON FLUFF FLUFF rah rah conference call. He needs to answer these questions that his shareholders fight about everyday.
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