TCPS owns Silver Sun Products which is a distributor of products in the medical marijuana field.
Some of the products include: fans, ventilation units, tents, CO2 systems, reflective mylar film, cooling systems, hoods and lighting systems up to 1000 watts.
They distribute over 180 different products throughout the medical marijuana field.
The sector has slowed down a ton but we think there is still potential upside in the near future.
On July 31st, 2014, TCPS reduced its debt.
TCPS has recently been successful in negotiating with its last current debt holder and this debtholder has agreed to convert of all their debt to preferred stock of the Company.
The Company has received one (1) executed Debt Exchange Agreement from one debt holder and the debt holder indicated that they are willing to completely eliminate their debt and convert it to preferred stock.
This Debt Exchange Agreement eliminates over $1M in debt of the balance sheet of the Company.
The company has reduced over 2.2M of its debt since June 2013.
As you can see, TCPS has potential to be a daytraders wet dream so make sure you start your DD now and have TCPS on the top of your radar screen tomorrow morning as it looks like the momentum is already building!
-The Professor