TRTC News 08/31/2014 12:31:16 $TRTC
Found this at the bottom of your "let it bleed" post:
DISCLAIMER: I AM LONG AND PRAYING FOR NEW MANAGEMENT
Now this post ?
Are you getting ready for your deposition ?
Is discovery just around the corner ?
let me guess, I was long all the time but I was trying to look out for the "little" people". I'm really a good person, just misunderstood.
Good defense...NOT !
yes, that will result in a massive jump in pps. As you may have seen last week, a simple 'inspection' by a Canadian Agency on a different penny stock you are probably familiar with caused a big bump.
TRTC Stock Message Board http://investorshangout.com/Terra-Tech-Corp-TRTC-87419/
Id be happy with one permit. Its a start if they can get that first one.
I havent been thrilled owning in the high .40s but it is one if the few that actually produces and sells a product. The index needs to eliminate alot of junk. If your under 1 percent of it then get cut
MJX Index and TRTC
mjtruth is right...
The index will be excellent exposure for marijuana stocks as a whole, but particularly for TRTC as they are the only non-gimmicky company on the OTC that is actually touching the plant, or soon will be...
With the exception of gwp$, there are currently 7 stocks ahead of TRTC by market capitalization, though IMO only 2 of them have potential to be legit, and even those 2 stocks can't touch TRTC as far as revenues and proximity to the plant.
So, IMO as we move forward, TRTC should become the 2nd highest valued stock on the MJX index by market cap, likely by March 2015.
In that position, TRTC should make up 5% - 7% of the MJX, which means that percentage of money flowing into the index will be used to buy TRTC stock.
But even before the index becomes an investment vehicle (April/May 2015), it will be a symbol on the NYSE this October, which means that shows like CNBC can talk about the index by ticker symbol, the same way they talk about the semiconductor index.
So will CNBC talk about the MJX index, whose stocks exclusively trade on the OTC with the exception of GWP$?
I think the answer is yes, because their viewership is interested in the marijuana sector.
So we may get a bump in October just from increased exposure of the mj sector to investors, but the much bigger bump would come in 2nd quarter next year when the MJX index is actually trading on the NYSE.
Big props to mjtruth for bringing this to our attention!
Sleek
History repeats we will see $1.00 again IMO
Glad I got in early !
Looks like people will be able to invest into TRTC through this index fund that will be traded on the NYSE in the first half of 2015
Big money is about to pour in
http://finance.yahoo.com/news/mjx-marijuana-i...00804.html
The next eight weeks leading up to any licenses awarded in the State of Nevada will be a momentum builder......Remember.....the Nevada process was tampered with......the State will not let happen again and will try to correct the wrong!
My prediction is that TRTC will fair very well in Nevada.
Then on to the next State in the Union.....JMHO
Actually, I think the first week in Sept is crucial for you.
Elk
Yep.. Trtc is planing for a big future not a small present.
Long and strong
I will take a scotch on the rocks norm- now stfu and get back to work
Going away?....Federal inmates do 80% of sentence. No early release!
Good luck.......Visitation are allowed on Sundays from 11:00- 3:00......hope the ones encouraging you find the time to visit you.
TRTC will still be here when you are released from Federal custody........start over again and do not get so greedy. Greed overtakes many......do things honestly!
We are all still waiting for a reply from you on why in your last two posts which I pointed out were horribly inaccurate.
Your last post stated that TRTC is trying to trademark Charlotte's Web against the consent of the Stanley Brothers. But the Stanley Brothers already own the trademark to Charlotte's Web. How would TRTC be trying to trademark something against the persons consent who already owns the trademark?
2nd your posts from last week stated there is litigation against TRTC that could threaten their business.
Yet there is NO litigation against TRTC. Again there is NO litigation against TRTC
hmmm seems like a pattern
Also the Van Wingerdens and Vandevredes are related many don't know that either $$)
Th fact is the Vandevrede family is one of the largest families across the country many don't know they either
... UP, UP AND GOING AWAY ...
The stock of Terra Tech Corp. has been swaying in both direction in the past several months, but the general course of the ticker has remained downward. More recently, things have once again turned in a positive direction and TRTC has been closing sessions in the green.
Oddly enough, this is happening in the wake of their latest quarterly filing. The balance sheet in the report covering the second quarter of the year is boasting some impressive numbers, but it is still less than optimistic. Check the ones of prime interest, so you have a better idea.
cash: $2.6 million
current assets: $3.7 million
total assets: $8.8 million
current liabilities: $7.1 million
quarterly revenues: $3.7 million
quarterly net loss: $4.5 million
Indeed, the company has quite the decent amount of cash on hand and good assets compared to other companies in the OTC markets. In fact, we see a large growth compared to Q4 of last year. Unfortunately, we see a similar picture with the liabilities and the net loss.
We have to take into account that the company is still expanding its operation and can’t operate at a profit at the moment, which is also mentioned as a going concern. The latest news suggest that TRTC are working hard on developing their business and might be the reason for the latest results of TRTC’s stock.
On August 19, the company announced that their subsidiaries have submitted 8 Medical Marijuana Enterprises applications in the state of Nevada. The applications are for a total of 4 dispensaries, 2 cultivation and 2 production facilities in Clark County, Nevada, the City of Las Vegas and Washoe County, Nevada.
The press release was made several hours before the session started and had its effect. The percentile movement was small with 5.20%, which pushed TRTC to a close at $0.3661, but the 2 million shares that changed their owners were enough to generate $756 thousand in dollar volume.
Yesterday, the ticker made a bigger jump and added another 13.08% to its value, closing the session at $0.414. The volume was similar to that of the previous session and the 1.8 million traded shares constituted for a dollar volume of $724 thousand.
Still, with a market cap of just over $120 million, which seems a bit big compared to the book value of TRTC, there is room for corrections, so be sure to weigh out the risks and do your due diligence before jumping in. - source
I did not know that!
What is it about these "Van" families?
They are master cultivators....
I think September is a crucial month for TRTC...
Just looking at the chart, it seems that August was a unique month for TRTC in that it traded Btwn .34-.40 for virtually the entire month.
That was the narrowest range that it traded in since last fall when it based at .06...
And we all know what happened after that.
I am looking for a semblance of a repeat...
Sleek
Found this at the bottom of your "let it bleed" post:
DISCLAIMER: I AM LONG AND PRAYING FOR NEW MANAGEMENT
Now this post ?
Are you getting ready for your deposition ?
Is discovery just around the corner ?
let me guess, I was long all the time but I was trying to look out for the "little" people". I'm really a good person, just misunderstood.
Good defense...NOT !
yes, that will result in a massive jump in pps. As you may have seen last week, a simple 'inspection' by a Canadian Agency on a different penny stock you are probably familiar with caused a big bump.
TRTC Stock Message Board http://investorshangout.com/Terra-Tech-Corp-TRTC-87419/
Id be happy with one permit. Its a start if they can get that first one.
I havent been thrilled owning in the high .40s but it is one if the few that actually produces and sells a product. The index needs to eliminate alot of junk. If your under 1 percent of it then get cut
MJX Index and TRTC
mjtruth is right...
The index will be excellent exposure for marijuana stocks as a whole, but particularly for TRTC as they are the only non-gimmicky company on the OTC that is actually touching the plant, or soon will be...
With the exception of gwp$, there are currently 7 stocks ahead of TRTC by market capitalization, though IMO only 2 of them have potential to be legit, and even those 2 stocks can't touch TRTC as far as revenues and proximity to the plant.
So, IMO as we move forward, TRTC should become the 2nd highest valued stock on the MJX index by market cap, likely by March 2015.
In that position, TRTC should make up 5% - 7% of the MJX, which means that percentage of money flowing into the index will be used to buy TRTC stock.
But even before the index becomes an investment vehicle (April/May 2015), it will be a symbol on the NYSE this October, which means that shows like CNBC can talk about the index by ticker symbol, the same way they talk about the semiconductor index.
So will CNBC talk about the MJX index, whose stocks exclusively trade on the OTC with the exception of GWP$?
I think the answer is yes, because their viewership is interested in the marijuana sector.
So we may get a bump in October just from increased exposure of the mj sector to investors, but the much bigger bump would come in 2nd quarter next year when the MJX index is actually trading on the NYSE.
Big props to mjtruth for bringing this to our attention!
Sleek
History repeats we will see $1.00 again IMO
Glad I got in early !
Looks like people will be able to invest into TRTC through this index fund that will be traded on the NYSE in the first half of 2015
Big money is about to pour in
http://finance.yahoo.com/news/mjx-marijuana-i...00804.html
The next eight weeks leading up to any licenses awarded in the State of Nevada will be a momentum builder......Remember.....the Nevada process was tampered with......the State will not let happen again and will try to correct the wrong!
My prediction is that TRTC will fair very well in Nevada.
Then on to the next State in the Union.....JMHO
Actually, I think the first week in Sept is crucial for you.
Elk
Yep.. Trtc is planing for a big future not a small present.
Long and strong
I will take a scotch on the rocks norm- now stfu and get back to work
Going away?....Federal inmates do 80% of sentence. No early release!
Good luck.......Visitation are allowed on Sundays from 11:00- 3:00......hope the ones encouraging you find the time to visit you.
TRTC will still be here when you are released from Federal custody........start over again and do not get so greedy. Greed overtakes many......do things honestly!
We are all still waiting for a reply from you on why in your last two posts which I pointed out were horribly inaccurate.
Your last post stated that TRTC is trying to trademark Charlotte's Web against the consent of the Stanley Brothers. But the Stanley Brothers already own the trademark to Charlotte's Web. How would TRTC be trying to trademark something against the persons consent who already owns the trademark?
2nd your posts from last week stated there is litigation against TRTC that could threaten their business.
Yet there is NO litigation against TRTC. Again there is NO litigation against TRTC
hmmm seems like a pattern
Also the Van Wingerdens and Vandevredes are related many don't know that either $$)
Th fact is the Vandevrede family is one of the largest families across the country many don't know they either
... UP, UP AND GOING AWAY ...
The stock of Terra Tech Corp. has been swaying in both direction in the past several months, but the general course of the ticker has remained downward. More recently, things have once again turned in a positive direction and TRTC has been closing sessions in the green.
Oddly enough, this is happening in the wake of their latest quarterly filing. The balance sheet in the report covering the second quarter of the year is boasting some impressive numbers, but it is still less than optimistic. Check the ones of prime interest, so you have a better idea.
cash: $2.6 million
current assets: $3.7 million
total assets: $8.8 million
current liabilities: $7.1 million
quarterly revenues: $3.7 million
quarterly net loss: $4.5 million
Indeed, the company has quite the decent amount of cash on hand and good assets compared to other companies in the OTC markets. In fact, we see a large growth compared to Q4 of last year. Unfortunately, we see a similar picture with the liabilities and the net loss.
We have to take into account that the company is still expanding its operation and can’t operate at a profit at the moment, which is also mentioned as a going concern. The latest news suggest that TRTC are working hard on developing their business and might be the reason for the latest results of TRTC’s stock.
On August 19, the company announced that their subsidiaries have submitted 8 Medical Marijuana Enterprises applications in the state of Nevada. The applications are for a total of 4 dispensaries, 2 cultivation and 2 production facilities in Clark County, Nevada, the City of Las Vegas and Washoe County, Nevada.
The press release was made several hours before the session started and had its effect. The percentile movement was small with 5.20%, which pushed TRTC to a close at $0.3661, but the 2 million shares that changed their owners were enough to generate $756 thousand in dollar volume.
Yesterday, the ticker made a bigger jump and added another 13.08% to its value, closing the session at $0.414. The volume was similar to that of the previous session and the 1.8 million traded shares constituted for a dollar volume of $724 thousand.
Still, with a market cap of just over $120 million, which seems a bit big compared to the book value of TRTC, there is room for corrections, so be sure to weigh out the risks and do your due diligence before jumping in. - source
I did not know that!
What is it about these "Van" families?
They are master cultivators....
I think September is a crucial month for TRTC...
Just looking at the chart, it seems that August was a unique month for TRTC in that it traded Btwn .34-.40 for virtually the entire month.
That was the narrowest range that it traded in since last fall when it based at .06...
And we all know what happened after that.
I am looking for a semblance of a repeat...
Sleek
