The value now as a "marketing company" is in the retail slots that they hold and the brand value / recognition of the remaining brands. - They need to shore up what is left and then begin to expand again. - If they don't it will be very difficult to shrink their way to prosperity. --The clock is running.....
The market cap of TRTC is now almost 3X's that of PHOT - PHOT still has some lingering legal issues but both companies are somewhat similar in sales and growth rates. --TRTC has had a great week - PHOT not so much.... What are your thoughts on comparing the two companies. and the potential of their stock?
agree --- I doubled down this am - Look to be positive by this afternoon. (at least a couple of bucks above this am purchase price...)
still only about 1/5th the volume of the "go -go" days. - Maybe this will return to that?
Time for a Reverse Split?? Then a "Real" listing with a stock price above $5 - What do you think? 200 M plus is a lot of shares..... 2-20 M would make more sense for a company this size.
What sort of revenue do you think the just shy of 200 stores will bring in ??? $500 K, $700 K, $1 M per year? - And will they make 20% off that ??? So ....... how much should that influence the stock price?? (other than to perhaps suggest that there are more opportunities like this in the pipeline...)
Would be nice.... I bought in at 11 cents on Monday of this week. - Unfortunately I only bought 6,000 shares. Hard to see that sort of market cap here. Stop & Shop can only sell so much growing produce. - The Pot biz will have to start kicking in big time to make your number.
PHOT is more of a "pure play...(no non pot growing associated business (TRTC has fresh Green House produce working for them as a backup - plan b ) Anyone venture to project when there will be any profits reported?
It is a good stabilization component. - Especially if someone like Christy gets elected and decides to enforce federal POT laws.