. MediFarm I RE acquired a retail building and land in Reno, Nevada for total consideration of $1,080,000.
This is an excellent example of poor research IMHO. The latest 10Q clearly indicates the purchase of land and building for over 1 million dollars where TRTC shareholders are 50% benifical owners.
Consume wisely folks..
"Subsequent to the end of the third quarter of fiscal 2015, on October 14, 2015, we formed MediFarm I RE. We own 50% of the membership interests in MediFarm I RE. The remaining membership interests is owned by Forever Young Investments, LLC (50%), an otherwise unaffiliated entity. MediFarm I RE acquired a retail building and land in Reno, Nevada for total consideration of $1,080,000. We intend to renovate the building, and, once completed, use it as a dispensary of medical cannabis."