InvestorsHub Logo
Followers 3
Posts 737
Boards Moderated 0
Alias Born 08/29/2018

Re: IndustryParticipant post# 271827

Wednesday, 11/21/2018 5:13:11 AM

Wednesday, November 21, 2018 5:13:11 AM

Post# of 290030
This merger deal is not ready for investors to find it a good enough investment. GLDFF should have waited for Tahoe Acquisition to be complete and TRTC should have waited until they got their assets producing properly. TRTC is the only company in the pot sector that had declining 3rd Qt Revenues. 2017 Revenues were $10.12 mil and 2018 $7.08. If you were an investor why would you chose TRTC? GLDFF had a 3rd Qt loss of $5.5 mil and TRTC had a loss of $7.88 mil Combined loss of $13.38 for 3rd Qt. 2018 If you were an investor why would you invest in two weak producing companies? This has to be called off and let both companies finish getting their companies back to being what they hope they will be and then get back to the table. This premature attempt at a merger has exposed all the warts and weaknesses of both companies. Neither had a good hand to play at this time!The fact that the market has so much potential and things are going to be terrific only makes weak performing companies look like they are not worth the risk when other companies are doing much better!