InvestorsHub Logo

I-Glow

09/26/19 5:47 PM

#283980 RE: BidnessMan #283977

I don't need to use Investopedia to understand a stock repurchase.

TRTC would have to publish that they were doing a stock repurchase or buyback. 

At a minimum, disclosure should be made with enough time to allow the market to absorb the announcement and include the following information:  

the estimated time period during which the purchases will be made;  

the maximum number of shares proposed to be acquired or the maximum amount of funds to be expended;  

the objective of the acquisition of shares;  

any plan or proposal relating to the disposition of the shares to be purchased;  

and an indication of how the purchases will be made.  

The disclosure may be made in a Form 10-Q or 10-K, or by means of a press release or Form 8-K"  

Instead if hinting at a stock repurchase - TRTC needs to disclose the above - chatting it up on social media is just pumping.  

IG  

Green Mountain

09/29/19 12:48 PM

#284023 RE: BidnessMan #283977

Have been meaning to react on the notice that trtc is spending $20,000,000 to buy back shares. Is this a good use of this capital? No, we need revenue, not to increase the share price by pennies. With 20 Mil, we could get 2 or 3 more stores online in the S. CA area.