News Focus
News Focus
icon url

kevindenver

04/16/16 4:27 PM

#173542 RE: Rat Fink #173541

If only you understood why this is a positive for a venture capital company at this stage to uplist to NASDAQ and better access to capital.

The R/S will take place when needed to qualify for NASDAQ in about a year.

Not your normal marijuana "penny"... it's making progress.

Thankfully it's a 5 bagger for me... too bad for those who don't take good advice...


icon url

allson

04/16/16 4:28 PM

#173543 RE: Rat Fink #173541

We know. Vote no, although it won't matter. Not going to an exchange for a year. No need for R/S soon.
icon url

Rat Fink

04/16/16 4:44 PM

#173548 RE: Rat Fink #173541

WILL MOST TRTC SHAREHOLDERS WILL VOTE "YES"_OR_"NO"_ON_REVERSE_SPLIT(S)???

FORM PRE 14A SHOWS TRTC WANTS AUTHORITY_TO_DO_REVERSE_SPLIT(S)!!!_www.otcmarkets.com/edgar/GetFilingPdf?FilingID=11311033

MANY PENNY STOCK INVESTORS KNOW THAT REVERSE SPLITS:

1. GREATLY DECREASE THE NUMBER OF SHAREHOLDER'S SHARES.

2. HAVE MADE THE PRICE PER SHARE OF MANY STOCKS, AFTER REVERSE SPLIT IMPLEMENTATION, GO DOWN AND IN MANY CASES RESULTED IN THE STOCK'S PPS TO EVENTUALLY GOING DOWN TO .0001.

PROPOSAL FIVE ON PAGE 36 AS FOLLOWS:
Quote:
APPROVAL OF AN AMENDMENT TO OUR ARTICLES OF INCORPORATION TO IMPLEMENT ONE OR MORE REVERSE SPLITS OF OUR OUTSTANDING COMMON STOCK AT AN AGGREGATE RATIO OF LESS THAN ONE-FOR-FIVE AND NOT MORE THAN ONE-FOR-TWENTY WITHIN THE DISCRETION OF THE BOARD, AT ANY TIME OR FROM TIME TO TIME, IN AN EVEN PRIOR TO JULY |_|, 2017.

A FORM 14A PROXY STATEMENT IS A PROXY STATEMENT - NOTICE OF SHAREHOLDERS MEETING (PRELIMINARY)