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Saturday, November 10, 2018 9:54:03 AM
As of June 30, 2014, we had an accumulated deficit of $24,308,884.
TRTC has lost 116 million dollars in only four years......
who wants to be part of a company that currently is losing 29 million dollars a year and has been consistent in losing money every quarter since its inception.
I began with TRTC in 2014 have posted over 10,000 posts on it. I am restricted now to only one post a day so I suggest if one wants to see a history of TRTC thru my eyes......read my posts.........they all are validated by filings......not general comments.......IMHO
The first time an insider bought on the open market was Nahass in 2015. Next time was recently in 2018......from 2016 to now all buys were a result of "freebies" or options etc called a compensation package (ten years )
Please take the time to read the recent filings......and then pull the prior quarters and read the S G & A for each........
One will see as example they buy an apple for 75cents and then sell it for a dollar and make 25 cents gross profit. Then they pay someone to clean the apple, polish the apple and put it on a shelf. Then they pay people to pick it up and hand it to the buyer after putting it in a very expensive package. Those costs exceed a dollar as well........
thus shareholders of TRTC would be better off giving their apples away IMHO
Common sense will kick in someday that Brick and mortar has too much overhead. Thats why Amazon works and Sears is in Bankruptcy.
Look at Bhang Choc company (cannabis) it sells across the USA and does not own one dispensary that I am aware of........ They franchise or sell a license to allow others.......similar IMHO to McDonalds etc.
Back in 2014 that was the plan IMHO for TRTC but it ended. How do I know that.........cause Nahass bought up the rights of using Blum stores in all major cities across the USA. Check out trademarks etc under his name.
Here is a sampling of Blum websites owned by TRTC and reg by Director Mike Nahass.
Domain Name: BLUMMANHATTAN.COM
Registrar URL: http://www.godaddy.com
Registrant Name: Michael Nahass
Registrant Organization:
Name Server: NS31.DOMAINCONTROL.COM
Name Server: NS32.DOMAINCONTROL.COM
DNSSEC: unsigned
Domain Name: BLUMHOUSTON.COM
Registrar URL: http://www.godaddy.com
Registrant Name: Michael Nahass
Registrant Organization:
Name Server: NS31.DOMAINCONTROL.COM
Name Server: NS32.DOMAINCONTROL.COM
DNSSEC: unsigned
Domain Name: BLUMSANDIEGO.COM
Registrar URL: http://www.godaddy.com
Registrant Name: Michael Nahass
Registrant Organization:
Name Server: NS31.DOMAINCONTROL.COM
Name Server: NS32.DOMAINCONTROL.COM
DNSSEC: unsigned
Domain Name: BLUMNJ.COM
Registrar URL: http://www.godaddy.com
Registrant Name: Michael Nahass
Registrant Organization:
Name Server: NS31.DOMAINCONTROL.COM
Name Server: NS32.DOMAINCONTROL.COM
DNSSEC: unsigned
Domain Name: BLUMNY.COM
Registrar URL: http://www.godaddy.com
Registrant Name: Michael Nahass
Registrant Organization:
Name Server: NS31.DOMAINCONTROL.COM
Name Server: NS32.DOMAINCONTROL.COM
DNSSEC: unsigned
Domain Name: BLUMMIAMI.COM
Registrar URL: http://www.godaddy.com
Registrant Name: Michael Nahass
Registrant Organization:
Name Server: NS31.DOMAINCONTROL.COM
Name Server: NS32.DOMAINCONTROL.COM
DNSSEC: unsigned
There is dozens more, needless to say TRTC owns Blum
I could go on.......but its not worth it........
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