Q2 financials will cause another drop as they will be disappointing, again. Acquisitions will just be another raping of shareholders to benefit insiders and cronies. The DEA and elections are no guarantees and even if they are favorable are no reason to invest now.
In my opinion, here are the upcoming best catalysts (real and desired), and my opinion of the effect of each:
- Adding more dispensaries and getting a grow operation started (value for the AS, demonstrate progress). Temporary boost each time, not as great as 4-20-16 Western Ave Las Vegas (due to more cautious investors from last time). Grow op up and running, bigger boost than new dispensaries in NV (IMO).
- DEA recommending reschedule (great boost - for at LEAST a while)
- November recreational yes votes in NV and CA (great boost - for a LEAST a while)
- Better progress on the 2nd and 3rd quarter financials (boost not massive unless amazing which is unlikely. Slow and steady progress is the goal.)
- Get IVXX back on shelves and actually bothering to tell us about it. (boost - if they handle it right, and do PR in DETAIL, not the usual half assed information) They also need to keep investors informed on shipments, amounts, # of dispensaries etc (for best effect for us little guys and gals investors - may not be best for TRTC the company with TOO much detail)
-- Add new additional extractors, with FULL information on location(s) etc. Good boost if they have IVXX sorted out and inform us in detail
- DP pulling his head out of his ass and treating investors with respect (desired, he has to regain trust at this point. 25/75% he even tries or cares enough about little guy/gal investors to do so)
- DP announcing that the future RS for uplisting will affect ALL stock classes and shares (unlikely, but desired. Nice boost if they suddenly become more ethical) It's all about regaining trust and showing respect for the bulk of investors.
- Long haul future catalyst - a couple of years out: actually produce a observable real world profit. Large gains when and if it happens. Even amazon.com took MANY years to produce a profit, but PPS increased greatly along the way even without "real" profit.
- NASDAQ uplist (much pain to get there. Long way off. Reschedule 1st, plus big AS, then RS). Probably massive gain after massive pain. Fewer shares still on the books for us little investors, but more $$ value in our accounts (IMO).
All are my opinions only, based on being here since mid 2014.
Full disclosure, still holding many shares, sold 40% for triple the cost of those shares. I have enough shares to not be buying any time soon. It would take well under .20 to get me to start accumulating again. *IF* I was upside down, I would begin accumulating lows as I could afford to do so. I rarely flip, usually am a long investor. *If* I can accumulate between .08 and .15 again like last time, I will - at that point.
In the long haul, for those who can afford to wait, this will payoff. Do you have the patience? Can you afford to let it all ride and accumulate? If so, in a year or 2, you will be happy (perhaps sooner, perhaps not).
Just my view.
you don't think DEA rescheduling in July and November elections will cause another run?
What about Q2 financials? and announcements of dispensary acquisitions?