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Re: kevindenver post# 277642

Sunday, 03/10/2019 12:51:58 PM

Sunday, March 10, 2019 12:51:58 PM

Post# of 290030
Oh where will they get the money? Oh woe! TRTC is doomed! Don't go near it! How about the 6.25 million sale of Western Avenue NV in October. There's some money there. Did you forget that? Not easy to forget 6.25 million dollars but you somehow did. Also, I think most people here understand that until there are new federal laws pertaining to MJ, the tax laws remain unfavorable and financing difficult. However, given those restrictions, I think that TRTC has done exceptionally well. They've amassed tremendous assets and are primed and ready. Buckle your seat belt Mr. Denver.

"TRTC was able to procure $1 million to partially pay off the settlement of the Reno dispensary lawsuit with Heidi.

The losses and negative cash flows are not sustainable without financing."