TRTC Stock Updates 11/02/2014 08:30:28 $TRTC
TRTC
A lot. Bad news is lawsuits take years to play out with all the appeals etc that come into play. Actually, is it the same in Canada? Anyone know how their tort system works in comparison to US?
How much will TRTC collect after they sue Anson Funds and there associates?
I would be happy with 3. Dispensary, Cultivation & Production. Even 1 license should make them hundreds of millions of dollars over the next decade
Im pretty sure they have to be well capitalized to even qualify for a license. That's one of the qualifications to get a rec license in Colorado. That have the cash, I'm not worried
Good TRTC post Greengro.....I looked up the definition and proper ways to utilize this word,(irregardless) and what I have came up with is that....irregardless is used only by obsessive stalkers that have become irrelevant to the subject or person that is being stalked !
Stalkers do not like being irrelevant as it makes them feel as if their subject is ignoring them.
No one cares anymore......they have become irrelevant......and irregardless it really does hurts! It comes with the obsessive mental disorder that stalkers have to deal with.
Sad but true !
Detractors are quick to point out that TRTC revenues will be cut by 50%, and in the same breath they point out that TRTC will not be able to afford 100% of the costs of start up. Something inconsistent about this argument I would say.
Hoping to see .38-.39 first thing Monday morning so I could add another 100k shares. Certainly don't want to see a gap up, though that's very much a possibility
We become obvious sector leader tomorrow...
I know it is already obvious to most of us, but just think of all the investors who have yet to touch a MJ stock, and they decide to get some exposure.
Who will they pick?
If you wanted exposure to electric vehicles 2 years ago, you would have picked tesla
10-15 years ago, if you wanted exposure to ecommerce, you would have picked Amazon
These are the 2 sector leader story stocks that are most similar to TRTC from an investment perspective, IMO
Both upstarts and underdogs (Amazon to the big box stores and tesla to the big carmakers) with visionary, charismatic and telegenic CEOs who knew how to network in the financial and political worlds.
Both became Wall Street darlings despite zero profitability due to massive revenue escalation and the future promise of massive earnings -- both chose to invest in infrastructure and distribution first -- just like DP will do, grabbing as many licenses as possible in big cities by application or acquisition.
The profits will come later -- heck, Amazon still isn't profitable 15 years later and Wall Street doesn't care.
(Only in pennyland, where 90% of the stocks are scams and 99% of the companies never make it, is profitability used so singularly as a metric to differentiate a rare winner stock from the huge pile of loser stocks.)
Sleek
A Clark County win will be very telling for the future of a certain poster here. Now I have two reasons to hope for approval
MONDAY PRICE PREDICTION CONTEST
Just put your name and guess below.
This is for the closing price.
Make sure to copy and paste the entire post including your guess, just like you did for the 6 Licenses Prediction Contest.
There will be no prize in this contest aside from bragging rights and kingship/queenship.
Dbrown13 .37
Lax .44 (without news) .49 with
hbstop .47
Paleti .47
NoleFan .48
White Lightning .495
jackagreene: .50
TDAWG .51
mx10001 .52
WtDoIknow .53
CBDpotential .533
Magnum7419 .54
labuyer .5425
pittski .55
Tomar .56
sj188 .56
Pot Penny .58
Dmcc .59
CDub .61
fatstaxx .62
StevenRisk .64
On2_addict .67
Widespread .68
sleek .73
LaughinPaulRyan .75
Doc K. 1.56
Bgrass1 2.22
gibber73 .54
GreenGro .479
Damn autocorrect and non proof reading...sorry fellas.
Man those strawberries look great...and just to think, we are just getting started with the lab only a month it so sold, and a week away from NV licenses. Thanks for your help Internet consultant! Big things coming my friend!
We are 25 hours away from utter mayhem!
6 licenses are in the bag with a shot at 7 licenses!
Clark County Cultivation
Reno Cultivation
Clark County Production
Reno Production
Las Vegas Dispensary
That is 5 licenses that are in the bag!
The 6th will be Clark County Dispensary OR Reno Dispensary
To get to 7, we would need to get both Clark County Dispensary AND Reno Dispensary.
Sleek
What does the chart say? The trend is your friend and its up almost 50% in 2 weeks.
If they ever grow plums, I will sh$t myself!
Sleek
I stand corrected fatstaxx....last quarter it was reported a little earlier. I am hoping for amazing numbers in that Edible Gardens is growing revenues at an alarming rate.
The timing probably would be too soon with all the developments going on. It would get drowned out on just the Nevada big news events alone, with the red fruit hitting the market, and cbd lab coming online......hang on for the ride!
Many big developments coming for TRTC......and Edible Gardens is still generating revenue.....What a great time to be in this gem stock. JMHO
TRTC will own 100% of the Nevada Licenses within 6-18 months.
They will buy out the other owners.
Once the stock price gets to a certain level and/or once they have access to enough cash, they can give them shares, cash or a combo of both.
If I were a part owner of a dispensary with TRTC, I would rather own a percentage of TRTC via shares (indirectly owning a % of all licenses + labs + all MJ products) than a percentage of 1 license -- but most part owners are much less risk-averse than me and just want cash.
Of course, the company will be named BLUM by then and the symbol will be BLUM.
This is consistent with the roll-up strategy DP has mentioned.
If he plans on buying out the other owners of Oakland Blum so TRTC owns 100% of it when it is folded into TRTC, then I see no reason why they won't do the same in Nevada.
It is cheaper to buy out 50% of something than it is to buy out 100% of something, which is what TRTC will do when they buy out the other MMJ dispensaries in Oakland.
Bottom line: TRTC will have ownership of 100% of all the licenses in Nevada in 6-18 months, perhaps even sooner (if the other owners want to sell their share of the license without taking on any operating risk), and will therefore get 100% of all revenue and earnings.
If they didn't go in 50/50 or 55/45, then they would have walked away without any licenses.
$LEEKVI$ION
Thanks guys. I've been here long enough to see a bunch of great contributions and just wanted to do my part. Im not only investing in trtc but in the mj movement itself.
LMFAO - "Irregardless" - LOL. I stopped reading right there.
Taking investment advice from someone with no experience or education in investing is something I would not recommend to anyone.
And what in the world does 'irregardless' mean? Not regardless? And a better question - why in the world would I take investment advice from someone with no education and a criminal record? The answer? I wouldn't, and neither should anyone else
... EDIBLE GARDEN ... #AREYOUSERIOUS
This is my FACT-BASED, NO SPIN, UNEDITED, SABOTAGED due diligence that the market has no doubt found to be EXTREMELY valuable irregardless of your Terra Tech Corp. investing strategy. I have no bias and am free to short, trade or go long on Terra Tech Corp. just like anyone else. How much is Terra Tech Corp. worth is all I am trying to figure out and what does the chart say.
Quote:
EG is branding this as a household name right before our very eyes. - source
I'd love to see what folks get in their neck of the woods with the Terra Tech Corp. $30,000,000 accumulated deficit when shopping for Edible Garden brand herbs. Below is the most recent video showing the Edible Garden brand and how it is represented in major retail stores. Especially since no revenue from GrowOp Technology or MediFarm will be contributed to Terra Tech Corp. any time soon and significant amounts of dilution coming any day now.
Terra Tech Corp. (TRTC) through its wholly-owned subsidiary GrowOp Technology, specializes in controlled environment agricultural technologies. The company integrates best-of-breed hydroponic equipment with proprietary software and hardware to provide sustainable solutions for indoor agriculture enterprises and home practitioners. Our complete product line is available at specialty retailers throughout the United States, and via our website. Through its wholly-owned subsidiary Edible Garden, cultivates a premier brand of local and sustainably grown hydroponic produce, sold through major grocery stores such as Shoprite, Food Emporium and others throughout New Jersey, New York, Delaware, Maryland, Connecticut, and Pennsylvania. MediFarm LLC is focused on securing permits to operate medical cannabis businesses in Nevada.
Securities Registration Statement (s-1/a) "Edgar (US Regulatory)" - 10/30/2014 4:50:28 PM
Inergetics' Scientific/Medical Advisory Board to Meet as Company Enters Final Development Phase of New CBD Product Line "PR Newswire (US)" - 10/21/2014 9:00:00 AM
Securities Registration Statement (s-1/a) "Edgar (US Regulatory)" - 10/6/2014 4:07:08 PM
Inergetics Discovers Unique Combination of Cannabinoids for New Product Line as it Exits Phase II of R&D and Prepares for Fin... "PR Newswire (US)" - 9/24/2014 10:00:00 AM
Why Vaporin, Inc Should be Trading at $15 "InvestorsHub NewsWire" - 9/22/2014 9:55:31 AM
Securities Registration Statement (s-1/a) "Edgar (US Regulatory)" - 9/12/2014 4:55:21 PM
Amended Annual Report (10-k/a) "Edgar (US Regulatory)" - 9/9/2014 4:21:59 PM
As E-Cigs Begin to Take a Back Seat to Vaporizers, the Market looks for a Leader to Emerge "InvestorsHub NewsWire" - 8/25/2014 8:38:03 AM
VAPO Analyst Report; Good Old Common Sense Business Strategy Seems to be Working in This New Electronic Cigarette Industry "InvestorsHub NewsWire" - 8/15/2014 11:41:15 AM
Quarterly Report (10-q) "Edgar (US Regulatory)" - 8/13/2014 4:10:04 PM
Amended Quarterly Report (10-q/a) "Edgar (US Regulatory)" - 8/13/2014 4:07:08 PM
Securities Registration Statement (s-1) "Edgar (US Regulatory)" - 8/8/2014 5:34:25 PM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 8/6/2014 4:13:08 PM
Inergetics Enters Second Phase of a Three Phase Process to Launch its CBD-Based Supplements "PR Newswire (US)" - 8/5/2014 10:00:00 AM
Edible Garden(tm) Now Available at A&P Throughout the Northeast "GlobeNewswire Inc." - 7/31/2014 10:56:27 AM
Edible Garden(tm) Now Available at Kroger "GlobeNewswire Inc." - 7/30/2014 7:45:00 AM
Inergetics Completes Phase I Development of its Therapeutic CBD Line of Products "PR Newswire (US)" - 7/29/2014 10:00:00 AM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 7/25/2014 6:49:27 PM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 7/25/2014 6:46:52 PM
Small Company Offering and Sale of Securities Without Registration (d) "Edgar (US Regulatory)" - 7/24/2014 4:18:18 PM
Amended Statement of Changes in Beneficial Ownership (4/a) "Edgar (US Regulatory)" - 7/24/2014 4:15:43 PM
Terra Tech Corp Subsidiary, MediFarm, Submits Application for Medical Marijuana Dispensary in Las Vegas "GlobeNewswire Inc." - 7/24/2014 9:05:00 AM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 7/14/2014 2:30:43 PM
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