TRTC SEC Form 10-Q Not Correct !! This will
Post# of 2008
TRTC SEC Form 10-Q Not Correct !!
This will become SEC FORM 10-QA ( Audited & Amended )
The 10-Q now is not audited and has some big mistakes.
SEC Form 10-Q / Link :
http://www.sec.gov/Archives/edgar/data/145151...tc_10q.htm
TERRA TECH CORP.
CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS
Unaudited
TERRA TECH CORP.
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
9. NOTE PAYABLE
Notes payable is as follows:
Senior secured promissory notes dated March 23, 2013, issued to accredited investors, maturing November 22, 2013, bearing interest at a rate of 60% per annum. Principal and interest may be converted into common stock based on the average trading price of the ten days prior to maturity at the holders’ option. 825,000
The above 60% instead only 6% is one of the big mistakes
and will already reduce the Losses by $ 742,500 !
It confirms also we need to wait for the audited
and amended SEC 10-QA Version soon to follow.
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