TRTC
TRTC News 08/10/2014 22:40:13 $TRTC
TRTC
Don't hype too much. 53 million plus ?? shares of dilution is not a small thing. Tell the facts to the new investors. Why the posts with the facts getting deleted. Just IMHO this board is full of hyped posts than the facts.
S-1 explains the financial health the company..
In a nutshell what does this S-1 form really mean ? Hate to be the dumb one here.
I'm not sure why anyone would invest in a company after learning that shares will soon loose value as millions upon millions of shares are sold into market. We're talking dilution of the worst possible kind.
Don't be fooled by the hype.
New folks , new investors
TRTC secures Permit for a Medical Cannabis Cultivation and Production Facility in Clark County NV
http://finance.yahoo.com/news/terra-tech-subs...92.html ;
TRTC secured two MJ permits out of Nevada the commissioners decided to give TRTC a cultivation and a production permit. The whole community was in support of TRTC.
Here is the actual video of commissioners
http://m.youtube.com/watch?v=N3s1WItBoD4&...outu.be ;
MediFarm LLC20140422P1075UC-0336-146585 W. Gary Ave176-23-410-007 Production
MediFarm LLC20140422C1076UC-0337-146585 W. Gary Ave176-23-410-007 Cultivation
Harry Reid's son Rory Reid representing TRTC in front of NV State
Rory Reid is representing TRTC at the hearings in front of Nevada Clark County Commissioners.
Rory Reid is a member of the Democratic Party and a son of United States Senator Harry Reid of Nevada.
Reid was elected to the Clark County Commission in 2002. As Chairman of the Commission, he updated the master plans of the county to reduce non-conforming zone changes.[8] Reid was reelected in 2006 with 62 percent of the vote.[9] In 2008, Reid served as chairman of Hillary Clinton's presidential campaign for the state of Nevada and an adviser on Western issues.[10]
http://en.wikipedia.org/wiki/Rory_Reid ;
Harry Mason Reid (/ri?d/; born December 2, 1939) is a senior United States Senator from Nevada and a member of the Democratic Party serving since 1987. In 1959, Reid married his high school girlfriend, Landra Gould. They have five children: a daughter and four sons. Their eldest son, Rory, was an elected Commissioner for Clark County, Nevada, of which he became Chairman, and 2010 Democratic nominee in the election for Governor of Nevada
http://en.wikipedia.org/wiki/Harry_Reid ;
Great article TRTC very well connected in NV
Establishment of the regulations allows TRTC to move forward with a commercial cannabis growing facility in the area. As a matter of fact, since TRTC formed a Nevada team headed by connected Rebecca Gasca, I would be surprised if they didn't have some influence in writing them.
It's basically set up to limit the market to a few large, well controlled facilities. So those like TRTC with ins are set up to succeed in what you got to think is going to be the largest medical marijuana market in the country, Las Vegas.
http://seekingalpha.com/instablog/379412-darr...s-vegas ;
Lobbyist for the ACLU at the Nevada state legislature Rebecca Gasca. Part of TRTC team
http://www.marketwatch.com/story/terra-tech-a...4-01-29 ;
Rebecca Gasca has expanded Pistil & Stigma’s focus to areas stretching from energy policy and juvenile justice to medical marijuana and national health care policies,
http://pistilandstigma.com/about/ ;
TRTC revenue & guidance
TRTC revenue for 2012 $552,579
TRTC revenue for 2013 $2,125,851
Above #'s from sec form 10-K page F-3
http://www.otcmarkets.com/edgar/GetFilingHtml...9892196 ;
TRTC 2014 guidance $7,000,000 in veggies only.
http://finance.yahoo.com/news/terra-tech-issu...06.html ;
TRTC Releases 2014 Q1 Financials And Reports Over 700% Increase Versus Comparable Period 2013
http://finance.yahoo.com/news/terra-tech-rele...08.html ;
***MJ & revenue of vaporizer partnership with Vaporin
and CBD not included in $7,000,000 or any of above #'s***
TRTC fully reporting and upto date with sec, TRTC has satisfied all SEC requirements
http://www.otcmarkets.com/stock/TRTC/filin ;
TRTC is a cultivation co, is pioneering the future by integrating the best of the natural world with technology to create sustainable renewable solutions for food production, indoor cultivation, and agricultural research and development. The future of farming is both indoor and vertical in highly productive and controlled environments. This new era of farming technology is needed to feed our worlds population while at the same time reducing our carbon footprint, generating higher yields and producing a higher quality more nutritious product.http://www.terratechcorp.com/ ;
https://www.facebook.com/ediblefarms ;
cultivation in progress, infrastructure in place all they just have to change is the seed to MJ. 5 grow farms in 3 states and the 5 acre facility in NJ. New grow farms in the works.
TRTC buys CBD Hi-flo System 20L 5000 PSI extraction machine from this co.
http://edenlabs.com/equipment/co2-units/hi-fl...000-psi ;
TRTC news reg CBD extraction
http://finance.yahoo.com/news/terra-tech-corp...53.html ;
You have 39 million visitors who are coming to party and have fun in Nevada. www.lvcva.com/stats-and-facts/
NV dispensaries will be very busy moving ganja in large amounts. A hydroponics greenhouse is going to be a great way to get attention of NV officials powered by the strong NV sun. TRTC green house will use very little energy and less water. MJ will be grown through hydroponics supported by perlite,rockwool, or vermiculite.
http://www.marijuanaseedbanks.com/hydroponic_...up.html ;
Nevada accepts other states MMJ registry ID cards
http://medicalmarijuana.procon.org/view.resou...=000881 ;
Nevada To Begin Accepting Business Applications For Medical Marijuana
http://www.medicaljane.com/2014/06/02/nevada-...ijuana/ ;
Great news for TRTC. Gaming-board-bans-casino-licensees from MJ trade
http://weedtv.com/gaming-board-bans-casino-li...inance/ ;
TRTC has applied for NV MJ license
http://www.benzinga.com/news/14/03/4428284/th...YZkWXG8 ;
Take a look at the infrastructure already in place all they have to do is plant the MJ seed
Not getting the dispensary in Clark county is no big deal... They are applying to the City of Las VEgas for a dispensary that is only 17 miles away frm their cultivation site....
I agree Elk... all he or she can do is copy and paste.... I want TRTC to be profitable but they already have alot of debt and it will take millions more to get MJ operation going....coupled with running the produce company....I say again I am concerned with the S-1 stating our ownership is only 40 to 50%. now........ and that revenue will only be seen in 2016 ...
Future potential is a great thing, but people cannot go foward with a blind eye. "A fool and his money is soon parted". Every thing you state, I mean cut and paste is pure hope and speculation by conneting the dots, with the hope that the people running this train is purely on the up and up. This is my hope too, but will not attempt to lead others down my road. Do your own DD and look under every rock.
Elk
Trtc would have gotten the dispensary if it would not have been for a group of shorts e mailing and texting lies to commisioners in clark county, but trtc will get a few dispensary licenses in NV
TRTC generating rev from EG produce while getting ready in states for MJ cultivation as permitted by law
They just secured 2 permits in NV
TRTC revenue & guidance
TRTC revenue for 2012 $552,579
TRTC revenue for 2013 $2,125,851
Above #'s from sec form 10-K page F-3
http://www.otcmarkets.com/edgar/GetFilingHtml...9892196 ;
TRTC 2014 guidance $7,000,000 in produce only.
http://finance.yahoo.com/news/terra-tech-issu...06.html ;
TRTC Releases 2014 Q1 Financials And Reports Over 700% Increase Versus Comparable Period 2013
http://finance.yahoo.com/news/terra-tech-rele...08.html ;
***MJ & revenue of vaporizer partnership with Vaporin
and CBD not included in $7,000,000 or any of above #'s***
Here is the actual video of commissioners
http://m.youtube.com/watch?v=N3s1WItBoD4&...outu.be ;
http://finance.yahoo.com/news/terra-tech-subs...92.html ;
TRTC on high times magazine.
http://www.hightimes.com/read/new-jerseys-fir...acility ;
Inside 5 acre facility in NJ
http://www.youtube.com/watch?v=v_3QzB0xPwE
Maxxm What comes first.... the bill from Dommion or revenue from marijuana dispensary in Las Vegas ?
How do you know it's only for awhile, maybe a year? Link or just some more of your conjecture.
Elk
That is only for a while , may be a year
You seem to forget the future potential of a multi billion dollar industry mj,, the cat is out of the bag this train will not be stopped.
Future potential of a company is a lot more important than what they are currently doing. I have owned stocks where the earnings were great but the future potential earnings wer not rosy so stock went down.I am very surprised by your post that you dont know that.
Here read and learn http://www.irvalue.info/tools-en/fundamental-value-indicator/future-profit-potential ;
Fundamental Value Indicator® - Future Profit Potential
The intrinsic ability of a company to generate future profit
The Future Profit Potential of a company is the intrinsic ability of the business to generate future profits. It is the basis of the entire investment.
Anyone who doesn’t consider a company’s profit potentialjust bobs around in the stock market like a rudderless ship and ends up on the rocks. Really systematically understanding the stock market is only possible if the FutureProfit Potential of a company is considered.
The Future Profit Potential is updated daily based on the latest company data. It is included in the Price IncreasePotential Screenings. It is also shown in the Fundamental Value Indicator®, which is part of the Company Reports.
The Future Profit Potential and the value of a company
The value of a company is determined by analyzing its historical results, current results and above all the potentialthat the company has to grow its profit in future years..
The greater the growth potential, the more a stock is worth paying for. The value of a stock increases proportionally with the earnings growth and especially with the expected earnings growth, which is in turn determined by the profitpotential. Obviously an investor who bases his decisions on the profit potential of a company will achieve better results on the stock market because the businesses with the largest profit potential are logically those whose value will increase the fastest.
he cost to build NV facility is going to be around 3 to 4 million dollars and they have that money and after that TRTC will generate between 18 to 25 million in revenue from NV facility alone
http://www.reviewjournal.com/business/publicl...license ;
Based on 35000sqft of MJ cultivation facility and production
The proposed facility is approximately 35,000 Sq ft and will contain both cultivation and production at the same location. The team is working towards completing their state application while at the same time working aggressively towards submitting an application to the City of Las Vegas to operate a medical Cannabis dispensary. The company intends to give further updates about their efforts throughout Nevada as they progress through the process, reach certain milestones and enter new applications.
http://finance.yahoo.com/news/terra-tech-subs...92.html ;
http://www.reviewjournal.com/business/publicl...license ;
MJ plants sells wholesale for $2,500 to $3,500 per LB . A 35000 sqft cultivation & production facility will generate over $325,000 per week for edibles and MJ wholesale.
Peterson envisions a 30,000 square-feet to 50,000 square-feet cultivation plant, for which the company budgeted $3 million. A production facility could cost about $1 million, he said, while a retail store could cost between $500,000 and $700,0000, plus another $100,000 for security.
Here’s how Peterson breaks down the figures: a 50,000 square foot cultivation facility, with a staggered growth schedule, could produce 50 to 75 pounds of marijuana a week.
In other markets where marijuana is legal, the plant sells for $2,500 to $3,000 per pound at wholesale. That’s upward of $225,000 per week for a cultivation facility.
http://www.reviewjournal.com/business/publicl...license ;
TRTC secures Permit for a Medical Cannabis Cultivation and Production Facility in Clark County NV
http://finance.yahoo.com/news/terra-tech-subs...92.html ;
TRTC secured two MJ permits out of Nevada the commissioners decided to give TRTC a cultivation and a production permit. The whole community was in support of TRTC.
Here is the actual video of commissioners
http://m.youtube.com/watch?v=N3s1WItBoD4&...outu.be ;
MediFarm LLC20140422P1075UC-0336-146585 W. Gary Ave176-23-410-007 Production
MediFarm LLC20140422C1076UC-0337-146585 W. Gary Ave176-23-410-007 Cultivation
TRTC buys CBD Hi-flo System 20L 5000 PSI extraction machine from this co.
http://edenlabs.com/equipment/co2-units/hi-fl...000-psi ;
TRTC news reg CBD extraction
http://finance.yahoo.com/news/terra-tech-corp...53.html ;
TRTC revenue & guidance
TRTC revenue for 2012 $552,579
TRTC revenue for 2013 $2,125,851
Above #'s from sec form 10-K page F-3
http://www.otcmarkets.com/edgar/GetFilingHtml...9892196 ;
TRTC 2014 guidance $7,000,000 in produce only.
http://finance.yahoo.com/news/terra-tech-issu...06.html ;
TRTC Releases 2014 Q1 Financials And Reports Over 700% Increase Versus Comparable Period 2013
http://finance.yahoo.com/news/terra-tech-rele...08.html ;
***MJ & revenue of vaporizer partnership with Vaporin
and CBD not included in $7,000,000 or any of above #'s***
TRTC has 5 grow farms in 3 states plus the 5 acre facility in NJ show me one co that has that kind of infrastructure
Inside 5 acre facility in NJ
http://www.youtube.com/watch?v=v_3QzB0xPwE ;
TRTC fully reporting and upto date with SEC. 100% compliant
http://www.otcmarkets.com/stock/TRTC/filings ;
https://www.facebook.com/ediblefarms ;
cultivation in progress, infrastructure in place all they just have to change is the seed to MJ. 5 grow farms in 3 states and the 5 acre facility in NJ. New grow farms in the works.
More Revenue coming TRTC distribution deal with vaporin
http://finance.yahoo.com/news/vaporin-enters-...60.html ;
TRTC partners with Inergetics to Develop a New Line of CBD Based Nutritional Supplements
http://www.benzinga.com/pressreleases/14/02/g...D4dTynt ;
I hate to sound negative , but Rory Reid did the pitch to the comissioners for the Dispensary...and it failed...... DP did a much better job in my opinion....and I watched it first hand...
from the S 1 We formed MediFarm, LLC, a Nevada limited liability company (“MediFarm”), on March 19, 2014. We own 60% of the membership interests in MediFarm, with the remaining 40% owned by two otherwise unaffiliated individuals. We formed MediFarm I, LLC, a Nevada limited liability company (“MediFarm I”), on July 18, 2014. We own 50% of the membership interests in MediFarm I, with the remaining 50% owned by one otherwise unaffiliated individual. We formed MediFarm II, LLC, a Nevada limited liability company (“MediFarm II”), on July 30, 2014. We currently own 50% of the membership interests in Medifarm II, with the remaining 50% owned by two otherwise unaffiliated parties.
Good post Maxxm. As a local here it definitely caught my eye that Rory Reid was leading the legal team to wade through the application proccesses here in the state of Nevada for TRTC.
It was a piece of the puzzle that convinced me to be a shareholder. It definitely lends itself to company credibility in my opinion.
Although he lost to a popular moderate republican governor, Rory Reid was the Democratic candidate for Governor here in 2010 and ran very respectfully. He is a heavy hitter.
It also does not hurt that his father Harry is the United States Senate majority leader. No family is more well connected in local, and state politics here in Nevada than the Reids. They have influence.
Rory Reid is also a regular on the local NBC news affiliate discussing and debating politics and local issues. He is very visible.
Lets see what happens in November on the dispensary permit. I know what outcome I am betting on.
Maxxm How do u feel about only getting 40 to 50% revenue from Las VEgas Marijuana operation??
You also posted that EG will never be sold in walmarts...lol
EG is being sold in walmarts infoseeker11
The future, past and present very blury for you I agree.
infoseeker11 Saturday, 06/07/14 02:51:32 PM
Re: dmcc2087 post# 53701
TRTC News 08/10/2014 22:40:13 $TRTC
TRTC
Don't hype too much. 53 million plus ?? shares of dilution is not a small thing. Tell the facts to the new investors. Why the posts with the facts getting deleted. Just IMHO this board is full of hyped posts than the facts.
S-1 explains the financial health the company..
In a nutshell what does this S-1 form really mean ? Hate to be the dumb one here.
I'm not sure why anyone would invest in a company after learning that shares will soon loose value as millions upon millions of shares are sold into market. We're talking dilution of the worst possible kind.
Don't be fooled by the hype.
New folks , new investors
TRTC secures Permit for a Medical Cannabis Cultivation and Production Facility in Clark County NV
http://finance.yahoo.com/news/terra-tech-subs...92.html ;
TRTC secured two MJ permits out of Nevada the commissioners decided to give TRTC a cultivation and a production permit. The whole community was in support of TRTC.
Here is the actual video of commissioners
http://m.youtube.com/watch?v=N3s1WItBoD4&...outu.be ;
MediFarm LLC20140422P1075UC-0336-146585 W. Gary Ave176-23-410-007 Production
MediFarm LLC20140422C1076UC-0337-146585 W. Gary Ave176-23-410-007 Cultivation
Harry Reid's son Rory Reid representing TRTC in front of NV State
Rory Reid is representing TRTC at the hearings in front of Nevada Clark County Commissioners.
Rory Reid is a member of the Democratic Party and a son of United States Senator Harry Reid of Nevada.
Reid was elected to the Clark County Commission in 2002. As Chairman of the Commission, he updated the master plans of the county to reduce non-conforming zone changes.[8] Reid was reelected in 2006 with 62 percent of the vote.[9] In 2008, Reid served as chairman of Hillary Clinton's presidential campaign for the state of Nevada and an adviser on Western issues.[10]
http://en.wikipedia.org/wiki/Rory_Reid ;
Harry Mason Reid (/ri?d/; born December 2, 1939) is a senior United States Senator from Nevada and a member of the Democratic Party serving since 1987. In 1959, Reid married his high school girlfriend, Landra Gould. They have five children: a daughter and four sons. Their eldest son, Rory, was an elected Commissioner for Clark County, Nevada, of which he became Chairman, and 2010 Democratic nominee in the election for Governor of Nevada
http://en.wikipedia.org/wiki/Harry_Reid ;
Great article TRTC very well connected in NV
Establishment of the regulations allows TRTC to move forward with a commercial cannabis growing facility in the area. As a matter of fact, since TRTC formed a Nevada team headed by connected Rebecca Gasca, I would be surprised if they didn't have some influence in writing them.
It's basically set up to limit the market to a few large, well controlled facilities. So those like TRTC with ins are set up to succeed in what you got to think is going to be the largest medical marijuana market in the country, Las Vegas.
http://seekingalpha.com/instablog/379412-darr...s-vegas ;
Lobbyist for the ACLU at the Nevada state legislature Rebecca Gasca. Part of TRTC team
http://www.marketwatch.com/story/terra-tech-a...4-01-29 ;
Rebecca Gasca has expanded Pistil & Stigma’s focus to areas stretching from energy policy and juvenile justice to medical marijuana and national health care policies,
http://pistilandstigma.com/about/ ;
TRTC revenue & guidance
TRTC revenue for 2012 $552,579
TRTC revenue for 2013 $2,125,851
Above #'s from sec form 10-K page F-3
http://www.otcmarkets.com/edgar/GetFilingHtml...9892196 ;
TRTC 2014 guidance $7,000,000 in veggies only.
http://finance.yahoo.com/news/terra-tech-issu...06.html ;
TRTC Releases 2014 Q1 Financials And Reports Over 700% Increase Versus Comparable Period 2013
http://finance.yahoo.com/news/terra-tech-rele...08.html ;
***MJ & revenue of vaporizer partnership with Vaporin
and CBD not included in $7,000,000 or any of above #'s***
TRTC fully reporting and upto date with sec, TRTC has satisfied all SEC requirements
http://www.otcmarkets.com/stock/TRTC/filin ;
TRTC is a cultivation co, is pioneering the future by integrating the best of the natural world with technology to create sustainable renewable solutions for food production, indoor cultivation, and agricultural research and development. The future of farming is both indoor and vertical in highly productive and controlled environments. This new era of farming technology is needed to feed our worlds population while at the same time reducing our carbon footprint, generating higher yields and producing a higher quality more nutritious product.http://www.terratechcorp.com/ ;
https://www.facebook.com/ediblefarms ;
cultivation in progress, infrastructure in place all they just have to change is the seed to MJ. 5 grow farms in 3 states and the 5 acre facility in NJ. New grow farms in the works.
TRTC buys CBD Hi-flo System 20L 5000 PSI extraction machine from this co.
http://edenlabs.com/equipment/co2-units/hi-fl...000-psi ;
TRTC news reg CBD extraction
http://finance.yahoo.com/news/terra-tech-corp...53.html ;
You have 39 million visitors who are coming to party and have fun in Nevada. www.lvcva.com/stats-and-facts/
NV dispensaries will be very busy moving ganja in large amounts. A hydroponics greenhouse is going to be a great way to get attention of NV officials powered by the strong NV sun. TRTC green house will use very little energy and less water. MJ will be grown through hydroponics supported by perlite,rockwool, or vermiculite.
http://www.marijuanaseedbanks.com/hydroponic_...up.html ;
Nevada accepts other states MMJ registry ID cards
http://medicalmarijuana.procon.org/view.resou...=000881 ;
Nevada To Begin Accepting Business Applications For Medical Marijuana
http://www.medicaljane.com/2014/06/02/nevada-...ijuana/ ;
Great news for TRTC. Gaming-board-bans-casino-licensees from MJ trade
http://weedtv.com/gaming-board-bans-casino-li...inance/ ;
TRTC has applied for NV MJ license
http://www.benzinga.com/news/14/03/4428284/th...YZkWXG8 ;
Take a look at the infrastructure already in place all they have to do is plant the MJ seed
Not getting the dispensary in Clark county is no big deal... They are applying to the City of Las VEgas for a dispensary that is only 17 miles away frm their cultivation site....
I agree Elk... all he or she can do is copy and paste.... I want TRTC to be profitable but they already have alot of debt and it will take millions more to get MJ operation going....coupled with running the produce company....I say again I am concerned with the S-1 stating our ownership is only 40 to 50%. now........ and that revenue will only be seen in 2016 ...
Future potential is a great thing, but people cannot go foward with a blind eye. "A fool and his money is soon parted". Every thing you state, I mean cut and paste is pure hope and speculation by conneting the dots, with the hope that the people running this train is purely on the up and up. This is my hope too, but will not attempt to lead others down my road. Do your own DD and look under every rock.
Elk
Trtc would have gotten the dispensary if it would not have been for a group of shorts e mailing and texting lies to commisioners in clark county, but trtc will get a few dispensary licenses in NV
TRTC generating rev from EG produce while getting ready in states for MJ cultivation as permitted by law
They just secured 2 permits in NV
TRTC revenue & guidance
TRTC revenue for 2012 $552,579
TRTC revenue for 2013 $2,125,851
Above #'s from sec form 10-K page F-3
http://www.otcmarkets.com/edgar/GetFilingHtml...9892196 ;
TRTC 2014 guidance $7,000,000 in produce only.
http://finance.yahoo.com/news/terra-tech-issu...06.html ;
TRTC Releases 2014 Q1 Financials And Reports Over 700% Increase Versus Comparable Period 2013
http://finance.yahoo.com/news/terra-tech-rele...08.html ;
***MJ & revenue of vaporizer partnership with Vaporin
and CBD not included in $7,000,000 or any of above #'s***
Here is the actual video of commissioners
http://m.youtube.com/watch?v=N3s1WItBoD4&...outu.be ;
http://finance.yahoo.com/news/terra-tech-subs...92.html ;
TRTC on high times magazine.
http://www.hightimes.com/read/new-jerseys-fir...acility ;
Inside 5 acre facility in NJ
http://www.youtube.com/watch?v=v_3QzB0xPwE
Maxxm What comes first.... the bill from Dommion or revenue from marijuana dispensary in Las Vegas ?
How do you know it's only for awhile, maybe a year? Link or just some more of your conjecture.
Elk
That is only for a while , may be a year
You seem to forget the future potential of a multi billion dollar industry mj,, the cat is out of the bag this train will not be stopped.
Future potential of a company is a lot more important than what they are currently doing. I have owned stocks where the earnings were great but the future potential earnings wer not rosy so stock went down.I am very surprised by your post that you dont know that.
Here read and learn http://www.irvalue.info/tools-en/fundamental-value-indicator/future-profit-potential ;
Fundamental Value Indicator® - Future Profit Potential
The intrinsic ability of a company to generate future profit
The Future Profit Potential of a company is the intrinsic ability of the business to generate future profits. It is the basis of the entire investment.
Anyone who doesn’t consider a company’s profit potentialjust bobs around in the stock market like a rudderless ship and ends up on the rocks. Really systematically understanding the stock market is only possible if the FutureProfit Potential of a company is considered.
The Future Profit Potential is updated daily based on the latest company data. It is included in the Price IncreasePotential Screenings. It is also shown in the Fundamental Value Indicator®, which is part of the Company Reports.
The Future Profit Potential and the value of a company
The value of a company is determined by analyzing its historical results, current results and above all the potentialthat the company has to grow its profit in future years..
The greater the growth potential, the more a stock is worth paying for. The value of a stock increases proportionally with the earnings growth and especially with the expected earnings growth, which is in turn determined by the profitpotential. Obviously an investor who bases his decisions on the profit potential of a company will achieve better results on the stock market because the businesses with the largest profit potential are logically those whose value will increase the fastest.
he cost to build NV facility is going to be around 3 to 4 million dollars and they have that money and after that TRTC will generate between 18 to 25 million in revenue from NV facility alone
http://www.reviewjournal.com/business/publicl...license ;
Based on 35000sqft of MJ cultivation facility and production
The proposed facility is approximately 35,000 Sq ft and will contain both cultivation and production at the same location. The team is working towards completing their state application while at the same time working aggressively towards submitting an application to the City of Las Vegas to operate a medical Cannabis dispensary. The company intends to give further updates about their efforts throughout Nevada as they progress through the process, reach certain milestones and enter new applications.
http://finance.yahoo.com/news/terra-tech-subs...92.html ;
http://www.reviewjournal.com/business/publicl...license ;
MJ plants sells wholesale for $2,500 to $3,500 per LB . A 35000 sqft cultivation & production facility will generate over $325,000 per week for edibles and MJ wholesale.
Peterson envisions a 30,000 square-feet to 50,000 square-feet cultivation plant, for which the company budgeted $3 million. A production facility could cost about $1 million, he said, while a retail store could cost between $500,000 and $700,0000, plus another $100,000 for security.
Here’s how Peterson breaks down the figures: a 50,000 square foot cultivation facility, with a staggered growth schedule, could produce 50 to 75 pounds of marijuana a week.
In other markets where marijuana is legal, the plant sells for $2,500 to $3,000 per pound at wholesale. That’s upward of $225,000 per week for a cultivation facility.
http://www.reviewjournal.com/business/publicl...license ;
TRTC secures Permit for a Medical Cannabis Cultivation and Production Facility in Clark County NV
http://finance.yahoo.com/news/terra-tech-subs...92.html ;
TRTC secured two MJ permits out of Nevada the commissioners decided to give TRTC a cultivation and a production permit. The whole community was in support of TRTC.
Here is the actual video of commissioners
http://m.youtube.com/watch?v=N3s1WItBoD4&...outu.be ;
MediFarm LLC20140422P1075UC-0336-146585 W. Gary Ave176-23-410-007 Production
MediFarm LLC20140422C1076UC-0337-146585 W. Gary Ave176-23-410-007 Cultivation
TRTC buys CBD Hi-flo System 20L 5000 PSI extraction machine from this co.
http://edenlabs.com/equipment/co2-units/hi-fl...000-psi ;
TRTC news reg CBD extraction
http://finance.yahoo.com/news/terra-tech-corp...53.html ;
TRTC revenue & guidance
TRTC revenue for 2012 $552,579
TRTC revenue for 2013 $2,125,851
Above #'s from sec form 10-K page F-3
http://www.otcmarkets.com/edgar/GetFilingHtml...9892196 ;
TRTC 2014 guidance $7,000,000 in produce only.
http://finance.yahoo.com/news/terra-tech-issu...06.html ;
TRTC Releases 2014 Q1 Financials And Reports Over 700% Increase Versus Comparable Period 2013
http://finance.yahoo.com/news/terra-tech-rele...08.html ;
***MJ & revenue of vaporizer partnership with Vaporin
and CBD not included in $7,000,000 or any of above #'s***
TRTC has 5 grow farms in 3 states plus the 5 acre facility in NJ show me one co that has that kind of infrastructure
Inside 5 acre facility in NJ
http://www.youtube.com/watch?v=v_3QzB0xPwE ;
TRTC fully reporting and upto date with SEC. 100% compliant
http://www.otcmarkets.com/stock/TRTC/filings ;
https://www.facebook.com/ediblefarms ;
cultivation in progress, infrastructure in place all they just have to change is the seed to MJ. 5 grow farms in 3 states and the 5 acre facility in NJ. New grow farms in the works.
More Revenue coming TRTC distribution deal with vaporin
http://finance.yahoo.com/news/vaporin-enters-...60.html ;
TRTC partners with Inergetics to Develop a New Line of CBD Based Nutritional Supplements
http://www.benzinga.com/pressreleases/14/02/g...D4dTynt ;
I hate to sound negative , but Rory Reid did the pitch to the comissioners for the Dispensary...and it failed...... DP did a much better job in my opinion....and I watched it first hand...
from the S 1 We formed MediFarm, LLC, a Nevada limited liability company (“MediFarm”), on March 19, 2014. We own 60% of the membership interests in MediFarm, with the remaining 40% owned by two otherwise unaffiliated individuals. We formed MediFarm I, LLC, a Nevada limited liability company (“MediFarm I”), on July 18, 2014. We own 50% of the membership interests in MediFarm I, with the remaining 50% owned by one otherwise unaffiliated individual. We formed MediFarm II, LLC, a Nevada limited liability company (“MediFarm II”), on July 30, 2014. We currently own 50% of the membership interests in Medifarm II, with the remaining 50% owned by two otherwise unaffiliated parties.
Good post Maxxm. As a local here it definitely caught my eye that Rory Reid was leading the legal team to wade through the application proccesses here in the state of Nevada for TRTC.
It was a piece of the puzzle that convinced me to be a shareholder. It definitely lends itself to company credibility in my opinion.
Although he lost to a popular moderate republican governor, Rory Reid was the Democratic candidate for Governor here in 2010 and ran very respectfully. He is a heavy hitter.
It also does not hurt that his father Harry is the United States Senate majority leader. No family is more well connected in local, and state politics here in Nevada than the Reids. They have influence.
Rory Reid is also a regular on the local NBC news affiliate discussing and debating politics and local issues. He is very visible.
Lets see what happens in November on the dispensary permit. I know what outcome I am betting on.
Maxxm How do u feel about only getting 40 to 50% revenue from Las VEgas Marijuana operation??
You also posted that EG will never be sold in walmarts...lol
EG is being sold in walmarts infoseeker11
The future, past and present very blury for you I agree.
infoseeker11 Saturday, 06/07/14 02:51:32 PM
Re: dmcc2087 post# 53701
