InvestorsHub Logo
icon url

Magnum7419

03/03/18 11:26 AM

#251963 RE: pearjammer #251962

IMHO TRTC uses MJ FREEWAY seed to sale software.....which shows each sale so a peek at those reports would clearly show how to trim some fat IMHO.

Blum Reno is their Star Ship with best numbers IMHO and they own 50% of the real estate. The building houses more than Blum so who gets that rent?

Sell two of the three in VEgas and take that money to pay for cultivation, production , branding and distribution in NEvada. It does not take a brain surgeon to realize having your brand in 60 stores would be better than having your brand in your four stores.....

All this will come to pass in the future once common shareholders are kicked to the curb.......IMHO.
icon url

Magnum7419

03/03/18 12:02 PM

#251964 RE: pearjammer #251962

Since its speculation Saturday :Imagine what would happen to the current share price if :

They sold two Blum Stores in Vegas.

Shareholders paid 22 million for BlumOak and still pay rent . Part of that deal was buying the name "Blum" for 6 million if i recall correctly.

What is each license worth in Vegas ?


LEt's be conservative and sell both for 30 million (they have to sell X% of Blum products for X years)

With the 30 million , we take ten million and finish off West GARY ave and Hawco ct and now own 100% of two cultivation and production sites both free and clear.

Take another ten million and pay off Dominion

Put the last ten million in the bank......


Yes I am delusional.....but one day the above scenario or similar will occur ..........wish I had a "B" Share now
icon url

Ilbedem

03/03/18 12:35 PM

#251965 RE: pearjammer #251962

In all Chain Retail Locations (McDonald's, Subway ect) a P&L is produced monthly for each location.
In many operations a P&L is generated every week (Monday) to keep each location on budget. Then the company puts together their company wide P&L and can track each Line Item weekly and monthly.
Line items as Cost of Good, Labor, Supplies, R&M, Ect.
Managing each line item is what a successful company does.
In companies like TRTC that have more than one division we should be able to see a P&L for each business group but not for each location, even though it would be nice to see.