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Re: tikotiko post# 271304

Thursday, 11/15/2018 2:23:42 PM

Thursday, November 15, 2018 2:23:42 PM

Post# of 290031
That sounds good BUT It is the toxic convertible debentures and the convertible note payables that make this a bad deal for GLDFF. GLDFF recently issue their 1st convertible debt and the investors hated it. Stock dropped from .22 to .15 and didn't recover. TRTC has multiple issues and the prospect of more common stock dilution is inevitable. They have $9 million in debt due with 90 days with little cash on hand. Some posts indicate they have lots of credit they can draw down on.This credit comes with more risk because again it has options that convert into common shares. If they default the options will be exercised which will dilute the common shares.Could require another Reverse Split of the common shares. TRTC created this debt and should own it. GLDFF is in good shape to be profitable 2nd half of 2019.Again all for nothing merger possibility is not in the cards.
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