Replies to post #5086 on Taronis Technologies Inc (fka TRNX)

[Gregory_]

I forgot to mention 2 more reasons I exited:

7. I looked at the L2, and it showed some pretty good strength on Friday. That is why I believe we moved from 1.80 to the upper 1.80s before the end of the day.
8. The company said they have $5M in cash, if I recollect. Based on the -$4.3M in cash flow for the last quarter, this means they probably have enough cash to get through an entire quarter. On top of that, they are likely to generate more deals, I believe, in 3 months. (Probably a whole lot more deals.)

I still will not buy though here. It would go against everything I know, technically on charts. Now, if the technical situation changes and whoever is selling massive amounts of stock stops, I still reserve the right to buy, of course.

[$oldier Hard]

It wasn't your perspective, but the way it was presented. I'm sure you'll be back when we get to a fair value for the stock. G/l.

[crudeoil24]

Growing company debt > $23,682,652 @ end of 2014 >>> February 10, 2016 we will see how much the debt has grown. 10-Q will be out in February.

Under the Internal Revenue Code of 1986, as amended, these losses can be carried forward twenty years. As of December 31, 2014 the Company has net operating loss carry forwards remaining from the following years:



Net
Operating
Year Generated Loss
2007 – 2014 approx $ 23,682,652