.83
THE SKY HAS "YET TO FALL" BUT CHICKEN SHORT YES IT WILL !
I love chicken little
OMG! REAL WEBSITE? https://www.facebook.com/ediblefarms
The terror! I am so afraid right now
Who knows WHAT could happen in the future! I used to be able to read the future but now I am so AFRAID OF THE FUTURE!
Terra Tech Corp (TRTC) is yet another marijuana company on the Pump and Dump circuit. It isn't one that's made a recent switch from, say, gold mining to pot; from its inception in early 2012, CEO Derek Peterson's plan was to begin by selling equipment for hydroponic growing of weed and--if one must--vegetables, and move into cultivation and production of marijuana products when legal issues were clearer.
TRTC chart, 24 December 2013 to 24 June 2014
Evidently Peterson feels that time has come. TRTC recently announced that it acquired cultivation and production permits from Clark County, Nevada, though it missed out on a coveted dispensary license. It intends to obtain more licenses in other parts of the state. Though shareholders welcomed that news, it hasn't done much to bolster stock price. Like most penny pot stocks, Terra Tech has been in a downtrend since the giddy days of early March, when it briefly hit a high of $1.40. As price and volume declined through April, May, and early June, and SEC suspensions of other marijuana contenders continued unabated, loyalists assured each other that TRTC would have its day. That day has yet to come.
Fundamental questions about the company, its management, and its prospects have been present from the start, and they remain. Though it has revenues, its losses are significant, and its ambitious plans to enter the new Nevada marijuana market will be expensive to realize, and will not provide an immediate influx of cash.
Terra Tech
What is now the publicly traded TRTC began as a private company called GrowOp Technology. It was founded by Derek Peterson in California in 2010.
GrowOp California incorporation
At the same time, Peterson and his wife Amy Almsteier ran a store called WeGrow in Oakland; it sold equipment and supplies for growing marijuana. WeGrow was originally a partnership; Peterson had started it with Dharminder Mann in 2009. The two had a falling out, and are currently involved in litigation. In two articles written about the store in 2010, Peterson was referred to as Derek Oppedisano, which, as he explained recently, is his father's original surname. WeGrow does not seem to have been particularly successful, as equipment for hydroponic growing can be purchased many places, but the Petersons--or Oppedisanos--did learn some tricks and tips for growing pot successfully, as Amy's video on the subject suggests. Peterson evidently found the experience useful, and must have been thinking ahead when he told a reporter that within a year, the pot business would be "as ruthless as Wall Street."
Amy Almsteier
GrowOp Technology was incorporated in Nevada in early 2010. In January 2012, apparently by arrangement with Peterson, a public shell called Private Secretary, also incorporated in Nevada, changed its name to Terra Tech Corp. On 9 February, Terra Tech effected a reverse triangular merger, and as a result GrowOp became Terra Tech's wholly-owned subsidiary. Peterson's wife Amy became the company's largest beneficial owner, and remains so today, with 37.7 percent of the company.
In its first year as a public company, TRTC did not thrive. Sales of its hydroponic equipment and supplies flagged, as the company's financials show. Peterson decided that in order to realize his ambitions, which reached beyond selling tanks to growers of produce and, of course, marijuana, he needed to prepare for the day when cultivation of weed would be legal in many states, not just California. To that end, in April 2013, he executed a Share Exchange Agreement with the five shareholders of a private company called Edible Garden, all of them siblings.
$TRTC OLD NEWS and FEAR
"Allegedly" LOL
$TRTC NEWS! Sky is FALLING
... Classic Pump & Dump ...
If you still have $TRTC shares irregardless of being upside down in your position then you are to blame NOT the Bonnie & Clyde executives that are apparently running this pump and dump pot scam selling shares of turnips and red fruit allegedly!
It seems to they filed a Form 4 and the insiders gave themselves bonuses totaling $1,431,998.
How is this justified since TRTC isn't profitable - and in the last quarter had revenue of $560,000 but cost of sales was $558,000 - that doesn't seem very efficient or worthy of a bonus.
Here is the breakdown:
Quote:
Amy Almsteier Stock granted as compensation for bonus and services rendered amounting to $100,000 196078
Steven Ross Stock granted as compensation for bonus and services rendered amounting to $102,000. 200000
Ken VandeVrede Stock granted as compensation for bonus and services rendered amounting to $226,666 444444
Mike VandeVrede Stock granted as compensation for bonus and services rendered amounting $226,666. 444444
Steve VandeVrede Stock granted as compensation for bonus and services rendered amounting to $226,666. 444444
Michael Nahass Stock granted as compensation for bonus and services rendered amounting to $250,000. 490196
Derek Peterson Stock granted as compensation for bonus and services rendered amounting to $300,000 588235
You might want to reconsider TRTC as anything other than another MMJ money grab.
Hahahahaha! Love it. Let em' sell!
Fear fear fear , sell sell sell (to me to me to me)
Yahoo!! People want cheap shares!
Monday's coming! We are gonna make some coin! Go TRTC! NV's MMJ connection!
It won't take any more accomplishments from the company for the stock to reach $1.69
The valuation at that stock price resides in these licenses, which become finalized on Monday.
The only major weakness that this company has is the lack of a public relations firm to help get the message out about TRTC to the investment community.
As good as DP is with the media, he is only 1 person.
A top tier public relations firm would get DP interviews on all of the major business and news channels this week and Terra Tech's story of victory in Nevada, despite Anson Funds' libelous statements and massive short attack, would be written about in major financial newspapers and journals.
All we need is media attention to spread the word of TRTC's financial value to investors.
And then we can launch closer to our proper valuation at this point in time of $1.50 - $3.00
Sleek
Hey Dropline, your going to be very up set when TRTC blows pass a dollar. Then what are you going to say the same thing.
Good question.
I wonder if after next week our regular hooligans will still spend all day every day gracing us with their presence. We have licenses on Monday (officially) and the 10Q on Wednesday or so. What's left for them to say; you only got 8 licenses, earnings were only twice what was expected. I mean really, the arguments have been getting pretty lame lately.
Investor Alert - TRTC - Scam - Scam - Scam !!
Terra Tech Corp. & Edible Garden Corp. - USA . ( Ticker : TRTC )
Revenues dropping Q over Q and Gross Earning Margin to 0,37 % only now !
This according its SEC Filings as reporting Company see at Links here :
http://www.sec.gov/cgi-bin/browse-edgar?compa...getcompany
2013 :
Q3 Revenue $ 773 K
Q4 Revenue $ 621 K
2014 :
Q1 Revenue $ 560 K ( Instead using the usual Q over Q calculation as any
normal New Starter Company apply to observe its progress for any handling
„Just In Time“, the poor TRTC Q result instead get compared by the year ago
poorest ever 2013 Q1 result of $ 66 K only, the Q just before bankruptcy if
not created the Faked Fraud Merger with the Vande Vrede. For by Mathematic
Gimmick to declare a 700 % Increase. To Fool The Stupid Investors grabbing-
on to Anything they after its experiences know as to be the Big Majority ! )
But Regrettably More Scam When Check TRTC Derek‘s Guidance below :
www.reuters.com/article/2014/05/15/idUSnGNX4Tq9D5+1d2+GNW20140515
TRTC 2014 Faked Revenue Guidance of $ 7 Mn :
Q1 Revenue $ 0,56 Mn ( As Provided by Cost of Goods Sold $ 558,229 =
Earning $ 2090 only, as Gross Earning Margin or Commission of 0,37 %
only confirmed as the situation now to be ! At TRTC‘s Vande Vredes, Etc.,
Growing Contracts is Up-To 10 % written and 0,37 % is not Zero % !
Where principally even the TRTC PRs promised 10 % is Poor, but not
even to that they keep-up too.
The Standard Stock Valuation Therefore Resulting To :
Annual Revenue $ 7 Mn / 0,37 % = Earning $ 25,900 divide by 266 Mn
Stocks = EPS $ 0,000097 by PE-Ratio 40x = $ 0,00389 As Stock Price !!
Q2 Revenue $ 3,5 Mn
Q3 Revenue $ 1,5 Mn
Q4 Revenue $ 1,5 Mn
Confirms Scam Cooking The Books only for somehow to reconfirm
Derek‘s very poor 2014 Annual Guidance Revenue of $ 7 Mn only,
instead by claimed 58- Growing Acres at least $ 58 Mn Revenue !
As well known for any All Year Around Hydroponic Productions in
Heated Greenhouses its impossible to have any 6,25x Fluctuations
in the Production, also because that‘s the technological advantage
it offers and Heated Greenhouses have its High Season at Q4 and
Q1 especially where they cannot even produce enough, because of
continuous Demand at the Colder Climates generally very Reduced
Cultivations if any. This is the proof of Scam Cooking The Books !
Under this TRTC poor 0,37 % or lower Gross Earning Margin, they
just sit on the tables or by phone and decide the Faked Revenues
for TRTC Edible Garden. Its really time the SEC Stop this as it will !
Here Some Additional Scam As Endless :
As Supplied Customers they claimed a over year ago 280 Stores and
then 400 Stores during 2013 and now from one Moment to another
600+ Stores. But the Reality when speak with Store Managers and
Store Owners is totally different. For example BJ‘s Contract Failed
and Other Contracts also In Question, not only by Derek‘s Records
but also Its Business Praxis !!
To increase Supply, they apply the Old Known Trick of Transporting
Goods at Air- Conditioned Freezing- Point Temperatures, to keep it
Fresh as Locally Grown as they call it. But everybody himself knows
if for example buy Roses and within 3 Days see hanging down Flower-
Heads and the nice Red- Leafs turn Black, it just again confirms wasted
money to tricking Shops and if the Roses even after a week still look
nice just means did Buy at the Right Shop not using Freezing- Tricks !
At Vegetable & Herbs it’s the same as by Flowers as Plants, but TRTC
by its Business Praxis don‘t care and is Using the Freezing- Trick as
they like Tricks not only to Fool Investors and the Stores get the
Goods they look nice when supplied and PAY, but within 3 Days after
in the Stores Shelves, the nice Edible Garden Products lose its freshness
look, the colors change and just dry-out as not possible to sell anymore.
By this as by TRTC Derek Swindler, they believe to increase Demand and
Order- Volumes, but did need to replaced complete huge Store Orders,
but the Store Owners as Abused do not place further Orders by the
Killed TRTC & Edible Garden Reputation and by Internet or Emails
warning others in the Field.
Here at below Link some other just reconfirming Derek Swindler Big- Bud
Sales Behavior, also just reconfirming „Never Do Business With Crooks“ :
http://www.rollitup.org/t/growop-technologies...re.413535/
There Good Reasons, Why Any Good Companies Do Not Deal With !
Sorry for the Reality as not provided by Derek Swindler TRTC PRs
effectively only doing Business by its Stock Dilutions for Investors.
I have some large annual bills due in December and January so that will be excellent if it comes to pass. 25 percent of my holdings will cover all of it at 1.69.
1 major newspaper with full story and 1 major cable channel with DP interview = DollarLand
We traded 8 million shares daily for 3 consecutive days last week, so the interest surrounding the licenses is there.
Sometimes just when you feel like giving up on the big run that most of us have been expecting...
BOOM!
The run won't even be based on pure hype, but an amazing fundamental change in how the stock is viewed with massive increases in revenues in 2015.
Hype will just be the cherry on top...
Sleek
If we get all six licenses, TRTC should be trading at no less then $1.50 and we should keep moving north for the next couple years. TRTC could be trading at $15.00-$20.00 dollars in two years. Man think about it folk's the first medical marijuana in the united states, this is history in the making.
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Amended Quarterly Report (10-q/a) "Edgar (US Regulatory)" - 8/13/2014 4:07:08 PM
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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