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Re: kevindenver post# 1420

Thursday, 11/08/2018 11:48:56 AM

Thursday, November 08, 2018 11:48:56 AM

Post# of 4067
Here is my opinion. An LOI ties up TRTC from making any other moves.Meanwhile GLDFF is not obligated to go through with the deal. As the SP of TRTC drops and their cash on hand drops their position starts to erode. !This will take 3-5 months to complete so there will be a much different deal when its all said and done. In my opinion selling GLDFF stock is just a knee jerk reaction. I think the management of GLDFF knows the bad situation TRTC is in and entered into this agreement with knowledge that all of the options are in their hands not TRTC. I personally would not sell now and sell at a loss because it is not necessary. If you had confidence before in GLDFF you should let things unfold over the next couple of months and wait to see the bargaining position GLDFF ends up with.