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On2_addict

10/09/15 1:21 PM

#139597 RE: mfdesigner #139596

It has no bearing on TRTC. Obviously nobody is giving away land in Nevada to TRTC. To think otherwise would be foolish.

Could be from the partner in the Nevada venture to justify their part of the business.

Keep your eye on the ball. Revenues from the Nevada dispensaries, and IVXX in 2016 look to be very helpful to TRTC going towards profitability.
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Highze

10/09/15 2:13 PM

#139607 RE: mfdesigner #139596

AGAIN WITH THIS GARBAGE?

As I have already explained as clearly as possible:

The $10 is STATED consideration. A deed must state consideration; it does not require the actual consideration paid. The transfer forms at the County will ask for the actual consideration, which we know is $344,000. Some years back that the stated consideration was commonly stated as $1 being paid. Then over the past several years its been $10.

Do not confuse legal consideration and the purchase price. Legal consideration is what is required for the transfer; the deed can state "$10 and other valuable consideration", and that is fine.