Friday, November 09, 2018 6:45:17 PM
LOL, you have to use math to figure that out....
Look at cash on hand at the end of the quarter:Cash $3,418,991, then look at the run rate of which the cash is used for just operations of: Loss from Operations (7,881,240) and the result is a deficit of $4.5 Million.
Thus TRTC MUST raise at least $4.5 million in cash, most likely from the sale of toxic debt, simply to keep the lights on for another quarter.
TRTC has an untapped line of $100 million worth of securities of which it can issue more toxic debt. Not out of money as long as there are checks in the checkbook with floorless toxic financing.
Math, learn it.
All the FACTS can be found here: http://archive.fast-edgar.com//20181108/AUZMO22CZ22FK2PN222A2WZ2N9QGZZ27Z2A2/
Have a great weekend!
Look at cash on hand at the end of the quarter:Cash $3,418,991, then look at the run rate of which the cash is used for just operations of: Loss from Operations (7,881,240) and the result is a deficit of $4.5 Million.
Thus TRTC MUST raise at least $4.5 million in cash, most likely from the sale of toxic debt, simply to keep the lights on for another quarter.
TRTC has an untapped line of $100 million worth of securities of which it can issue more toxic debt. Not out of money as long as there are checks in the checkbook with floorless toxic financing.
Where did you get this crap? "the cash on hand will not last past 4th Qt. Their announcement yesterday was for 4th Qt to be just as bad as 3rd Qt." Where did it say that? Can you point that out?
Math, learn it.
All the FACTS can be found here: http://archive.fast-edgar.com//20181108/AUZMO22CZ22FK2PN222A2WZ2N9QGZZ27Z2A2/
Have a great weekend!
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