Your right as usual.-->Derek Peterson needs to rally the troops and answer the real questions.
Then we would have nothing to debate anymore. Pure forum bliss. lol
Its a State of the Union moment !
Instead we have 6 delusional forum posters that do not base their opinions or investments off the financials lol
Which is really really scary. Newbies
Why protect and praise a company that just diluted almost every OS share. Thats 1 billion shares lol ---> And a few weeks ago agreed to really bad toxic financing terms.
Oh and lets not forget the EXPENSES ARE > THAN REVENUE !
Thank god there is only a few million shares left to dilute. I think someone called and found out there are only 14 million out of the 1 billion left to sell off.
terms love how much their feelings get hurt by you just taking 5 minutes and posting public knowledge. lol The same 5 posters ...' the protectors of the realm" so to speak. lol
You know the ones that never add anything to the topic, but insults, because they do not know how to read the financials or refuse to accept the financial numbers , 1 billion shares of dilution, and the active toxic financial deals lol
There's a reason the PPS is .26 after Nevada has been recreational a year, and California has ben recreational for 3 months lol
But no....the whole world is wrong but them lol
With their big answers " Wait till next year" lol
"wait till they open this and that" Well this and that have happened, and the PPS is .26 on 3/2018
I know " wait till 2019"
I swear the forum could be dead....and ill post a article of interest and break it down ...in a not so flattering but honest way..
And the same ole 5 people come out to defend the company with no facts about the current financials to back anything up lol
its always "you making this up" or "just leave if you don't love trtc" lol Investing 101 never fall in love with a company lol
Newbies-> This is just a flipper stock now.
Derek Peterson has these upbeat posters trained well lol
I love how people are posting that .26 is great lol The pps has been .26 ->30 times before lol
You see the whole insider enrichment plan calls for the pps to constantly rinse -> Repeat--> recycle.
To bring in new investors.
The pps will spike from time to time to keep old long term investors with dreams, but really just locks up your money for months to years, where it could be growing elsewhere.
Newbies if you want to know why the PPS is in the dumps for this company, when so many positive goals have already been met, and are in the process of completing?
It is because of the dilution, toxic finances along with expenses > revenue.
Again i say who cares about potential or another underperforming dispensary..lol If the expenses outweigh the revenues !!!
This is why the PPS is so low and there is no interest aside from flippers.
DO your own due diligence. DO not just listen to me, or the 1 line paid promotors on the forum.
Read the finanicals and look into the history of the company.
THE NUMBERS DO NOT LIE, NOR DOES THE PAST HISTORY OF THIS COMPANY. IT IS ALL PUBLIC KNOWLEDGE.
It is true they diluted 500 million shares in the last year or so..
They now have close to 1 billion shares outstanding? and only 80 million left before they consolidate and reset the whole insider enrichment scheme that they all created when working together at the brokerage company?
The pps is .25 steamrolling into March 2018 ? This is 1 year after the holy grail day of NV going recreational live and going on 3 months of CA going recreational live. Which is a joke lol
Up until a few weeks ago THESE INSIDERS WERE STILL TRYING TO DILUTE AND TOXIC FINANCE. THIS IS PROOF THEY DO NOT HAVE SHARE HOLDERS INTERESTS AT HEART AGAIN FOR 2018 ...THATS 4 YEARS IN A ROW. WHEN THEY ARE MAKING MILLIONS OF DOLLARS. THEY WANT EVERYTHING PEOPLE...
Look at the financials and it all points to enrich insiders only .25 ( i keep having to lower this number) pps tells no lies
This why the pps has been in the dumps for almost 4 years - These are signs of management not giving a rats behind about shareholders...hence the now 1 billion OS count maxed out
To get an inside look at TRTC’s reckless dalliance with convertible notes, go no further than its quarterly reports. Its 10-Q for the quarter ended June 30, 2017, notes that “during the six months ended June 30, 2017, senior secured convertible promissory notes and accrued interest in the amount of $8,839,084 were converted into 50,710,473 shares of common stock.”
How bad is the impact of TRTC’s convertible note addiction on common shareholders? The table below, which illustrates the rate at which outstanding shares have increased over the past five years, answers this question.
Year TRTC shares outstanding
2012 76.89 million
2013 99.04 million
2014 174.3 million
2015 240.19 million
2016 389.36 million
As of December 11th 2017 903.17 million
Shares outstanding nearing authorized shares of 990 million
In five years, TRTC’s shares outstanding have increased more than tenfold and are now inching dangerously close to its authorized shares of 990 million. This means that going forward there is very limited room for TRTC’s debt holders to convert their debt into new shares. This heightens the prospect that TRTC may default on its debt. In case this happens, shareholders will be first to lose as debt owners will foreclose on the assets. This is the benefit of being a debt holder as opposed to being a shareholder. Debt holders usually have the first claim on a company’s assets in the event of foreclosure.
THIS is this biggest insider enrichment scheme around. Until they consolidate and clean up their numbers and show respect for their shareholders. I would stay on the sidelines and invest elsewhere.
There are better MJ stocks. That you can invest in and double your money quickly, rather than leave it in TRTC purgatory for another year of manipulation.
People on this forum keep turning a blind eye to the financials while-->
Derek Peterson, Amy Almsteier ,Michael Nahass, and Salwa Ibrahim are laughing all the way to the bank.
