InvestorsHub Logo
icon url

Tradescott818

08/09/14 9:01 PM

#67565 RE: mike_usa #67564

It was actually an industry wide bull run which overvalued the company slightly IMO . They all knew that and hence took advantage. Whose to blame them, you would have done the same thing. However, since all these new contracts have been added and we are closer than ever to marijuana legalization - I don't think the directors will sell their shares once we move above a dollar in the near future. They can either take a quick profit, and risk losing shareholders in the process or they can keep their shares, work hard and execute the business plan in order to have a billion dollar corporation. This has never before been done. There has been no public stocks for marihuana. This is a new industry and our CEO knows this. He is ahead of the game. I expect a buyout in the distant future or continued operations in order to become Americans largest cultivator of marihuana and paraphernalia - look long in the future - this here is medium risk - high reward- long & strong until I see red flags worthy of selling my position. No other OTC stock has what we have. No including Fannie & Freddie of course
icon url

maxxm

08/09/14 11:06 PM

#67580 RE: mike_usa #67564

Regarding insider selling 
http://www.sec.gov/Archives/edgar/data/1451512/000147793214000286/trtc_s1a.htm ;
Page 46 management does not get salaries instead they get stocks and sell it as part of compensation. 
page 48 shows amount of stock MGMT owns amount of stock that management sold is only 1% to 2% of total stock owned by MGMT 

http://www.secform4.com/insider-trading/1451512.htm ;
Above shows amount of stock sold in march of 2014. 
MGMT also sold stock last year in 2013 to get compensated. 
all of this selling is right before taxes and it is basically instead of salary and nothing wrong with it.