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While Kermit smokes some Blum herbs Backstage http://geocities.ws/mushroom54_28/letsee/rene_008.jpg
This page is sometimes kind of like the Muppets, and the old men in the balcony, but sadly, without the humor of it. :) LOL
Instead of jokes, they just throw crusty tissues from the balcony. :) LOL
2. Insiders hold billions of votes, like more than 3 billion. Check the 8k from just before the last meeting for that number.
Couple questions, if any one happens to know/recall...
1. Does California for profit coincide with Jan 2018 and Recreational Sales/
2. With the conversion to common shares is there still a controlling interest by the insiders or could they be bought out? i.e. less than 51% control.
TIA
Mark my words once 3rd quarter passes with little fanfare. It will be "wait for 2018"
People have such small expectations from this company its a joke.
People will cheer if the pps goes back to .31--> which btw was the pps on January first.
fu Derek FU Salwa
Well, it will be a while for those. I would look more for finalization of NV (NuLeaf) which I would assume will be before Q3 numbers, preparation for CA launch and all licensing, as well as NJ results......
This Q, next 85 days +/- going to fully establish all previously mentioned...(so, again, personally, I'm looking more for the positioning than the numbers, etc ;)...with this quarter ending as previous: With almost 700k sq. ft. cultivation owned and controlled in nations (worlds) top 3 recreational markets ;).
I welcome any and all to dump for any and every reason they see fit...I'm still waiting for additional entry points to accummulate ;)....
Sounds good, I will focus more on Q4 numbers being a better indicator of things.
TRTC
Ahhh, but all of which is only coming into play now/as of late....
(NV as we speak, CA as we speak, and NJ next month)....
None of which existed really more than a couple months ago and the impact yet to be seen..
Q3 lowest numbers they will ever post. Q4 it should kick in within NV market, and should be seamless for CA launch....as well as 33 (whatever) days for Jersey elections......
All numbers right now including Q3 will be laughable compared to Q4, Q1 with, as previous, the addition of 350k additional cultivation.
Having 300k CA rec ready, with ability to distribute state wide as well......only thing better would be 500k :) lol
I personally am extremely confident and comfortable in the positions in process of being established....hoping for one last nice decline of any significance...
This guy has got to go if we want to move forward with progressive thinking, he is stuck in the 1800"s.
http://thehill.com/blogs/blog-briefing-room/news/354023-sessions-reverses-doj-policy-on-transgender-employee#.WdZfKrpqBgA.facebook
agreed, cultivation and vertical Integration is the Key...
TRTC has every base covered....the Whole Package from seed to Sale.
What is quite interesting about people's understanding and views:
The performance following Oakland was obvious.
4 more NV locations added medical (ehh), then rec....(nicer)
Additional SoCal added prior to rec launch (nice)....
San Leandro shortly, prior to rec (not bad....), as well as additional SoCal before launch.....
7-8 retails recreational or about to be?, ehhh...not bad....
What I find fascinating and an indicator of fully lacking true understanding is those all mean nothing.
Why? What do I mean? What does?
What is infinitely more significant is entering the California recreational launch, as well as the Nevada recreational program with an additional 350,000 sq. ft. (+/-) of cultivation owned or controlled.
Dispo's????......Pffffftttt :) LOL.....
It's the cultivation above, as well as the vertical integration which will create and enable far more than most can imagine.....
Ask any industry operator on the planet what would their one (business) wish upon a star be, and their answer would be:
To have 100-200-300k sq feet of cultivation under control 3-4-5-6 months before the recreational program is launched :) LOLOL
Dispo's necessary. Dispo's nice, especially given the locations and volume they do, but it's the cultivation and vertical integration which will put everything over the top.
Many seem to be placing some importance on Q3 numbers. They don't matter, and it's the least important thing which is going to occur over the next 85 days. (33 days away from New Jersey election which may very well add another 300k sq ft in another top US (world) market. (NJ market and surrounding areas 5-6 times larger than Canada. California market 6-7 times larger than Canada. Nevada in itself slightly larger as well?)
No my friends.....The focus is not on what it should be.
Entering CA and now NV rec markets with full vertical integration? There's your true value and what is going to alter the numbers.
Dispo's without cultivation are the least attractive option. Vertical integration, cultivation, then dispo's (alone) a distant last due to the greatest 280E hit......
Expansion before Rescheduling is smart. TRTC assets will quadruple in value over night after Rescheduling..
No listen to mad man. He no like TRTC . He never been to Blum. Blum make him no mad if he go. He be happy man if he go.
I-Glow, I have made so much money off this company, these insiders can do whatever they want. Everyone on this board is self-serving, it's human nature.
The company is growing so any profit made is being put back into the business, buying licenses, grow farms, new dispensaries etc.
This is by far the worst year in company history as far as PPS is concerned. At least in other years it rose to certain heights and diluted down, not to say that was much fun either.
It is October after the biggest news items in company history have been met and passed.
The PPS is .21
Yet they are making > $250,000 a day and growing, and own all the assets they bought with our money.
You would think these POS Criminals would say thank you and stop diluting and selling shares.
They are greedy criminals
You read my notepad. Now head back to the head of the line with knee pads.
/////AMG
we are not done here yet...wait till the insiders issues themselves the rest of the outstanding shares for free...why not use the remainder of outstanding shares to build the 2 production and cultivation site permits they won??? If NV is going to be as big as everyone is talking about can you imagine what those 2 sites would generate in sales...DP and the rest of the insiders are very comfortable with the deal they have now which by proof of the PPS surely does not include the common shareholders...IMHO
IMHO they dumped as they know between financing and SG&A the share price will fall and they had to dump prior to end of Quarter.......Now they are within a time frame that they may not be able to dump.
This is Peterson being as self serving as always - I don't believe his BS.
Those that are underwater with TRTC will applaud any of Peterson's nonsense - but his explanation for dumping shares is indefensible.
Peterson was probably turned down for a loan because of his personal bankruptcy.
I suggest you read the history of Peterson and the other insiders history of dumping shares.
IG
Those are his shares to do whatever he wants with them. If you aren't okay with it, sell your shares. The point is, the reason he is selling has nothing to do with the company failing. He is justifying why he and the others need to sell at times.
How anyone could view DP's statement as anything other than SELF-DEALING has thier head up DP's Arse.
/////AMG
make it interesting, hold your breath.
What no spine? Figures.
I don't remember Derek Peterson asking me if it was ok for him to steal my money or probably 95% of the people who invested in TRTC...It takes quite a bit of nerve for TRTC insiders to award themselves the amount of free shares that they so freely handed themselves...TRTC insiders are treating themselves OVER AND ABOVE and treating the common shareholder like garbage...Sorry I tell it like I see it...Of course IMHO...
That explains a lot about the 4's. The PP'ers will ignore it.
DJDJDJDJ and ChicagoJosh
DJ, you okay in Vegas? What's it been like out there since the shooting?
ChicagoJosh, what do you make of the run-up to Q3, what are your intended plays on it?
Yep. Makes Cents.
LEAVING LAS VEGAS
@ The Pawnshop
/////AMG
I understand. I wanted CJ's thoughts on it. He/she posted a statement on how they were going to play it and I wanted them to explain their thinking. But thank you for your post. Believe me , I fully know what is going on here.
I'd bet he lost his ass on a bet. Who wouldn't have taken Mississippi plus 60 to win? Going broke from the millionaire perch is a long, long way down.
Sure hope that guy in NV wasn’t smoking dope when he shot all them innocent people
Wonder if Congressman Tim Murphy is now going to vote for MJ, climate change and 'dat dare science hoodoo'?
Totally agree with you
So it looks like we churn until 11/9 earning release. If this rises a lot a few days before, then you know good numbers leaked. If it sells off, then probably more inside sells coming before earnings, which no matter how you spin it, would not be good. Either way, the next few weeks will be rather boring, unless Kim decides to push the wrong button and gets vaporized..
"P" does come after "L"
Go Droid Go! Go Droid Go!
/////AMG
You own it, you keep it. Now on to more pressing issues...
Another down day just before earnings, heading for.11’s
if you think the management are crooks why are you here? When I read all of these posts about management being crooks it confuses me to your intentions. If I believed a company's management team were there to steal my money, I would not spend a second of my time on that company and especially on the company's message board.... just interested in your motives in being here? Thank you in advance and best of luck to you!
You win the essay contest. Now hold this "L"
/////AMG
So it sounds like the boys can not get Personal loans, Mortgage or Autos form Prime Banks
anytime they would have to show:
POI..Proof of Income
VOE..Verification of Employment
they have to go sub-prime...big down payment and a high interest rate
or
they pay cash for there stuff
Big Time News...Great Find!
$TRTC reporting 11/9/2017 https://www.newcannabisventures.com/cannabis-company-revenue-ranking/
Terra Tech Corp. CEO to Participate in Cannabis Industry Panel and Host Company Presentation at New West Summit
Marketwired MarketwiredOctober 5, 2017
IRVINE, CA--(Marketwired - October 05, 2017) - Terra Tech Corp. (TRTC) ("Terra Tech" or the "Company"), a vertically integrated cannabis-focused agriculture company, today announced its Chief Executive Officer, Derek Peterson, will participate on an industry panel and host a presentation about Terra Tech Corp. at the New West Summit, in Oakland, California, on Saturday, October 14, 2017.
The panel will be on the subject of "Weed Wellness And Sustainability - Decide What You Put Inside You And Know The Root Of It" and will take place at 3:30pm PT in OCC 208 (Level 2). Panelists will discuss the next generation of cannabis technology, and the role that organic and environmentally sustainable practices will play in the evolution of the legal cannabis industry.
The Company presentation will be held at 1:00pm PT on the same day, Saturday, October 14, 2017, where Mr. Peterson will provide an overview of Terra Tech Corp.'s business model and growth expectations.
Derek Peterson, Chief Executive Officer of Terra Tech Corp., commented, "With the cannabis sector rapidly professionalizing there is a growing awareness of the importance of sustainable farming practices and production of pesticide-free cannabis products. At Terra Tech, we have always prided ourselves on using responsible cultivation practices by integrating the best of the natural world with our unsurpassed technology and expertise to create sustainable, renewable solutions for cannabis cultivation, without sacrificing quality. I look forward to discussing these topics in greater detail and to raising awareness of Terra Tech's position in the cannabis market with other leading players as well as with interested investors."
To be added to the Terra Tech email distribution list, please email TRTC@kcsa.com with TRTC in the subject line.
About New West Summit
New West Summit focuses exclusively on the game-changing, disruptive developments in technology, investment and media within the cannabis space. The Summit and panelists of active, accredited investors and successful entrepreneurs will look at the future of branding, media, technology, non-profits, venture-backed startups, publicly traded companies and crowd-funding in the new "green rush" industry of Cannabis and beyond. Taking place on Oct 13, 14 & 15, 2017, it will provide three days of B2B and peer community networking, 100 exhibitors, 45 panel discussions, over 2000 attendees, parties, education, Bloom Farms Job Fair and a consumer day to connect with those new to the Cannabis industry.
Incorrect and fiction, but nice try....A droid is a fictional robot possessing some degree of artificial intelligence in the Star Wars science fiction franchise. Coined by special effects artist John Stears, the term is a clipped form of "android", a word originally reserved for robots designed to look and act like a human. The word "droid" has been a registered trademark of Lucasfilm Ltd since 1977.
Cracker,
Someone had a good post yesterday saying the Reverse Split (R/S) will happen for an uplist (which they pointed out likely won't happen til Cannabis is made legal) and/or to secure attractive financing from a bank (which I'm noting will send the share price much higher because bank financing = less need for share dilution...if/when a bank decides to support this industry).
The Reverse Split was voted on two weeks ago and allows the company to do as many reverse splits as it sees fit between the ratio of 1:5 - 1:50 between now and end of September 2018.
If Derek stays making good moves, he won't reverse split needlessly... I see bank financing happening before an uplist, but I'm not sure if that will be before September 2018. HOWEVER, if by June 2018 we are still at a low share price (A: after Q3 Nevada, Q4 Nevada, and Q1 Nevada/California. B: other great news of expanding Nevada production facilities with their unused permits and dispensaries, especially to outlying areas near state borders. C: news of more Southern California expansion. D: new New Jersey governor moving on cannabis laws) I could see a reverse split to a tune of 1:5 or 1:10 just to reduce shares...does anyone else see that happening? But I'm also guessing shares are easily at .55 June 2018.
Terra Tech Corp. CEO to Participate in Cannabis Industry Panel and Host Company Presentation at New West Summit
10/5/17, 7:30 AM
IRVINE, CA -- (Marketwired) -- 10/05/17 -- Terra Tech Corp. (OTCQX: TRTC) ("Terra Tech" or the "Company"), a vertically integrated cannabis-focused agriculture company, today announced its Chief Executive Officer, Derek Peterson, will participate on an industry panel and host a presentation about Terra Tech Corp. at the New West Summit, in Oakland, California, on Saturday, October 14, 2017.
The panel will be on the subject of "Weed Wellness And Sustainability - Decide What You Put Inside You And Know The Root Of It" and will take place at 3:30pm PT in OCC 208 (Level 2). Panelists will discuss the next generation of cannabis technology, and the role that organic and environmentally sustainable practices will play in the evolution of the legal cannabis industry.
The Company presentation will be held at 1:00pm PT on the same day, Saturday, October 14, 2017, where Mr. Peterson will provide an overview of Terra Tech Corp.'s business model and growth expectations.
Derek Peterson, Chief Executive Officer of Terra Tech Corp., commented, "With the cannabis sector rapidly professionalizing there is a growing awareness of the importance of sustainable farming practices and production of pesticide-free cannabis products. At Terra Tech, we have always prided ourselves on using responsible cultivation practices by integrating the best of the natural world with our unsurpassed technology and expertise to create sustainable, renewable solutions for cannabis cultivation, without sacrificing quality. I look forward to discussing these topics in greater detail and to raising awareness of Terra Tech's position in the cannabis market with other leading players as well as with interested investors."
To be added to the Terra Tech email distribution list, please email TRTC@kcsa.com with TRTC in the subject line.
About New West Summit
New West Summit focuses exclusively on the game-changing, disruptive developments in technology, investment and media within the cannabis space. The Summit and panelists of active, accredited investors and successful entrepreneurs will look at the future of branding, media, technology, non-profits, venture-backed startups, publicly traded companies and crowd-funding in the new "green rush" industry of Cannabis and beyond. Taking place on Oct 13, 14 & 15, 2017, it will provide three days of B2B and peer community networking, 100 exhibitors, 45 panel discussions, over 2000 attendees, parties, education, Bloom Farms Job Fair and a consumer day to connect with those new to the Cannabis industry.
About Terra Tech
Terra Tech Corp. (OTCQX: TRTC) operates through multiple subsidiary businesses including: Blüm, IVXX Inc., Edible Garden, and MediFarm LLC. Blüm's retail and medical cannabis facilities provide the highest quality medical cannabis to patients who are looking for alternative treatments for their chronic medical conditions as well as premium cannabis to the adult-use market in Nevada. Blüm offers a broad selection of cannabis products including; flowers, concentrates and edibles through its Oakland, CA and multiple Nevada locations. IVXX, Inc. is a wholly-owned subsidiary of Terra Tech that produces cannabis-extracted products for regulated medical cannabis dispensaries throughout California and medical and adult-use dispensaries in Nevada. The Company's wholly-owned subsidiary, Edible Garden, cultivates a premier brand of local and sustainably grown hydroponic produce, sold through major grocery stores such as ShopRite, Walmart, Winn-Dixie, Raley's, Meijer, Kroger, Stop & Shop and others nationwide. Terra Tech's MediFarm LLC subsidiaries are focused on medical and adult-use cannabis cultivation and permitting businesses throughout Nevada.
Great find mjh4!!! Maybe it will shut some of these whiners up about the insider selling. I'd like to most of you pay for a house without being able to secure financing. Just goes to show not everything is what it seems.
LINK
"Derek Peterson, the CEO of Terra Tech (OTC: TRTC), was turned down for life insurance last year due to his involvement in the cannabis industry. Mutual of Omaha told him, “We cannot accept premium from individuals or entities who are associated with the marijuana industry.”
Peterson and his company lost their accounts with JPM Chase last year, and TRTC COO Ken VandeVrede had his personal bank accounts and brokerage accounts, including college savings accounts, terminated by a financial institution as well.
More recently, Peterson was in the process of buying a home and had secured a pre-approval, but several ultimately turned him down after reviewing his work history. Peterson ended up selling over 3mm shares of stock to help fund the purchase after having to put a down payment of 65%.
Peterson explained, “Our business could fail from over regulation or, worse, federal intervention, and we need to make sure we have funds to support ourselves if something outside our control affects our ability to continue.”
The cannabis industry faces so many challenges due to federal illegality, but the personal financial discrimination that its leaders must endure could slow the flow of talent into the industry. While many large financial institutions may choose not to serve them, this opens the doors to smaller firms. We have already seen the emergence of several credit unions across the country willing to work with state-compliant cannabis organizations and their employees and owners, and hopefully some other financial institutions will see the opportunity.
"
https://www.newcannabisventures.com/cannabis-executives-share-their-stories-of-personal-financial-discrimination/
So why do you think they will do a reverse split ? What do you think the reason will be ? Then why do you think it will go down in price if they do a reverse split ? How low will it go and what do you think the r/s will be ? 100 to 1 ? 500 for one ? 5 for one ? Just curious .
I know I’m restructuring my investment strategy based on that amendment passing.... I agree it greatly decreases the share quantity based potential revenue. I think the concept of the voting where they still ultimately are the ones with the only votes that will make the final decision is that they use the investor input to gauge investor sentiment which then may influence their own. If it shoots up again like it did right after Las Vegas initiated adult recreational I’m doing a partial sell off of my stock in an attempt to proactively recoup some of the potential losses a reverse split will create.
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