Well if all this money and infrastructure is needed just to be in the running for a license, then TRTC's need to raise cash quickly is paramount.
Which means warrant conversions are going to probably continue for a while, and the stock price will be headed lower into the foreseeable future!!!
Now you see why I keep stressing the need to rely on conventional financing rather than toxic PIPE financing like warrant conversions, which leads to dilution.
JMHO!!
P.S. My prediction: TRTC goes lower on Monday!!
P.P.S. Remember even after the dilution there is no guarantee that a license will be obtained by TRTC in NV, as I have been stressing for weeks on end!! As the article notes, there are hundreds of potential applicants!!
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