TRTC Company info 08/13/2014 17:47:09 $TRTC
Optimistic revenue guidance of 3.5 million exceeded by over 200,000.
Small net operating loss during a quarter of significant expansion.
Many one time expenses taken, expenses that will decline in the future, or expenses that are fixed and will be a smaller and smaller percentage of increasing revenues down the road.
Content shareholder here.
Nearly 3mil in cash on hand. When legalization takes effect, TRTC will immediately put their cash to work to transition existing grow facilities to MJ. Other companies will also put their cash to work . . . wait a minute, other MJ companies don't have cash. HUGE benefit to TRTC and shareholders
That 3.7 number will garner a lot of attention for MJ investors
You should really sell allson. I read your posts, and you don't see to have much of a clue. This is a bad place for an investor like you to be invested
Absolutely not - the GSA is completely out of line along with the cost of sales.
The Cost of Sales and GSA is $7,703,515 on revenue of $3,711,801.
These are operating costs - not capital expenditures - this is nothing about growing the company. It has nothing to do with a rapidly expanding company.
The GSA is where the management salaries are hidden.
IG
This is all about setting up an infrastructure for when MJ goes legal. Wild success so far. Sorry for your short-sightedness
Omg, dude put down the cross - it looks heavy.
Hey maybe next time you can lead us across the red sea to the land milk honey.
For those still concerned about operations expenses that were brought up by MonestHind and I-Glow, this is also from page 4 under Item 2 of the 10-Q:
"Management will continue to make an effort to lower operating expenses and increase revenue. The Company will continue to invest in further expanding its operations and a comprehensive marketing campaign with the goal of accelerating the education of potential clients and promoting the name and products of the Company. Given the fact that most of the operating expenses are fixed or have quasi-fixed character management expects them to significantly decrease as a percentage of revenues as revenues increase."
Weird how that sounds a lot more like what gibber was saying huh?
$2.67 mil in cash on hand. Once we get the Nevada license, we build, immediately. No cash problems to be concerned of - the very cash problems that will knock half of the approved permit holders out of the industry before they even get started. TRTC is going to make a fortune in Nevada alone
3.7mil in revs. For a growing company that is a huge number. Bashers will focus on profits but expansion costs money. You need to spend money to make money. 3.7mil is a very big number, and for a new company in an emerging industry, it's the only number that matters
I just upgraded my subscription so I could make unlimited posts. I am so tired of the negative posts trying to overrun TRTC. I encourage any longs to make informative posts. Not pumping either. That just destroys your credibility. Use facts you can back up. Don't sit on the side lines, support this great company.
anyone who believes this company is worth the $100 million market cap it currently boasts is in for a very rude awakening.
I can think of a few. Google, Yahoo, Amazon, etc
If you read I-Glow's quote on his profile bio you'll know all you need to about him. Wish I didn't have to pay to ignore more than 5 of these accounts.
Optimistic revenue guidance of 3.5 million exceeded by over 200,000.
Small net operating loss during a quarter of significant expansion.
Many one time expenses taken, expenses that will decline in the future, or expenses that are fixed and will be a smaller and smaller percentage of increasing revenues down the road.
Content shareholder here.
Nearly 3mil in cash on hand. When legalization takes effect, TRTC will immediately put their cash to work to transition existing grow facilities to MJ. Other companies will also put their cash to work . . . wait a minute, other MJ companies don't have cash. HUGE benefit to TRTC and shareholders
That 3.7 number will garner a lot of attention for MJ investors
You should really sell allson. I read your posts, and you don't see to have much of a clue. This is a bad place for an investor like you to be invested
Absolutely not - the GSA is completely out of line along with the cost of sales.
The Cost of Sales and GSA is $7,703,515 on revenue of $3,711,801.
These are operating costs - not capital expenditures - this is nothing about growing the company. It has nothing to do with a rapidly expanding company.
The GSA is where the management salaries are hidden.
IG
This is all about setting up an infrastructure for when MJ goes legal. Wild success so far. Sorry for your short-sightedness
Omg, dude put down the cross - it looks heavy.
Hey maybe next time you can lead us across the red sea to the land milk honey.
For those still concerned about operations expenses that were brought up by MonestHind and I-Glow, this is also from page 4 under Item 2 of the 10-Q:
"Management will continue to make an effort to lower operating expenses and increase revenue. The Company will continue to invest in further expanding its operations and a comprehensive marketing campaign with the goal of accelerating the education of potential clients and promoting the name and products of the Company. Given the fact that most of the operating expenses are fixed or have quasi-fixed character management expects them to significantly decrease as a percentage of revenues as revenues increase."
Weird how that sounds a lot more like what gibber was saying huh?
$2.67 mil in cash on hand. Once we get the Nevada license, we build, immediately. No cash problems to be concerned of - the very cash problems that will knock half of the approved permit holders out of the industry before they even get started. TRTC is going to make a fortune in Nevada alone
3.7mil in revs. For a growing company that is a huge number. Bashers will focus on profits but expansion costs money. You need to spend money to make money. 3.7mil is a very big number, and for a new company in an emerging industry, it's the only number that matters
I just upgraded my subscription so I could make unlimited posts. I am so tired of the negative posts trying to overrun TRTC. I encourage any longs to make informative posts. Not pumping either. That just destroys your credibility. Use facts you can back up. Don't sit on the side lines, support this great company.
anyone who believes this company is worth the $100 million market cap it currently boasts is in for a very rude awakening.
I can think of a few. Google, Yahoo, Amazon, etc
If you read I-Glow's quote on his profile bio you'll know all you need to about him. Wish I didn't have to pay to ignore more than 5 of these accounts.
