Valid points Penny. I actually don't know where the bottom will end up being. Within the past 7 months we ran from $.50-$1.80-$.59.
Even though the company has issues, it also has assets and a vertically integrated cannabis foothold in the largest single pot market, CA. That value cannot be underestimated once federal rules change allowing open investment in cannabis like any of the other vice products.
I've been betting on TRTC winning in spite of Derek because someone will buy them out or take a controlling interest and replace DP with someone whose skill set is better suited to be CEO once cannabis rules change federally.
For folks who have been around TRTC much longer than myself, they have valid criticism of Derek. But, it's not easy to build a company when is federally illegal. No banks, none of the usual business write-offs, higher taxes, etc. He's done pretty well in spite of huge headwinds and for that I give him credit.
Enjoy the evening.
CF
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