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Re: maxxm post# 99435

Sunday, 12/21/2014 12:12:06 PM

Sunday, December 21, 2014 12:12:06 PM

Post# of 290030
Terra Tech Corp. (OTC:TRTC) recently announced earnings for the third quarter ending September 30, 2014. Results were extremely favorable and included a 70% increase in revenues compared to the same quarter in 2013, and a staggering 1,716% jump in gross profit both of which have been attributed to a company that Terra Tech acquired back in 2013, Edible Garden.
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During the quarter the company began installation of a new automated hydroponic system, which it believes should help reduce costs associated with cultivation while continuing to increase margins over the coming quarters. Furthermore, the Company could be on pace to immediately capitalize on new states coming online with medical and/or recreational legalization. "We now sit with a fully functional extraction lab in Oakland, five acres of hydroponic greenhouse in New Jersey, and eight permits to operate MME's in Nevada… We have a tremendous amount of opportunity ahead of us in 2015, and executing in Nevada is our top priority."