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Replies to #1791 on TheTriangle

Magnum7419

08/13/17 5:32 PM

#1792 RE: StevenRisk #1791

My bias to the negative regarding TRTC is based on lack of transparency by the CEO. I was a supporter of the stock till a poster notified me of M.K.'s involvement in BlumOak. I had to sift thru pages and pages of filings and leases attached to filings to find MK thru an LLC . IMHO

About two weeks ago I read a recent proxy that shows MK now owns the real estate in San Leandro and Oakland where shareholders have been paying 24,000 each for vacant buildings not to open for 12 months. Then I learned share holders are paying MK 35,000 a month for security of BlumOak on top of 28K a month in rent. The proxy also points out MK apparently has 9% ownership in "the Plant" and received 76k in 2016. I could go on about his construction company etc.............bottom line I feel the company should be more forth coming about him and his wife's involvement. The share price may improve as time moves forward but I can't support a company that only supports common shareholders when their hand is caught in the candy jar ! IMHO


I have no interest in a challenge but feel SIGO SGBY ONCI could out perform your triangle........

I only own SGBY at this time !!!

Good luck to you and all !!!!!!!!!!!!!!!!

VegasDealer

08/14/17 9:57 AM

#1794 RE: StevenRisk #1791

I certainly hope you are right. I have all three.

Magnum7419

08/16/17 4:41 PM

#1801 RE: StevenRisk #1791

I accept the challenge as I now own three stocks:

SGBY SIGO (up 32% today) and OMVS

I sold off some SGBY for SIGO and OMVS as I try never to use my money !!!