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Re: None

Tuesday, 11/06/2018 8:09:39 AM

Tuesday, November 06, 2018 8:09:39 AM

Post# of 4067
I took the time to read the transcript for the 2nd Qt Shareholder meeting of TRTC. Very similar issues. What is a concern is the Adverse Opinion issued by the auditors on financial controls or lack of and the fact that they have issued two convertible debentures. We have issued one ourselves which did cause the astute investors to sell over the last 30 days because of the possible shareholder dilution that can happen. There are also lawsuits pending.There are also management individual bankruptcy filings in the past that is alarming to say the least. All this being said I would still like to see the deal squashed but I also think that I would definitely lose financially if I dump shares now. I would be somewhat ok if our management team was in charge so we could control the $12 million that we bring to the table. TRTC needs that capital because they are burning up capital at a rate that would close their doors in the very near future. They have opened facilities and could produce a lot of pot but they are in financial trouble right now.