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Actually I think Derek stole the puck from the get go
Freakin Crooks. What about their duty to shareholders???
Hope they get sued and investigated.
Don’t know what to tell you bud
Dereks being saying he’s trying to be more transparent and communicate more to the shareholders for years!!!
Yeah right
Once again Derek and Co come up with some other half baked plan before the end of quarter conference call. I would think we are nowhere near the 63 Million run rate and keeps passing the buck along every quarter with some new story. Lies through his teeth. If i wanted to invest in a pharmaceutical company i would have done so. Was i ever wrong on this stock and ashamed of myself for believing this story. Lost too much money and have to move forward.
Yes with most companies thats what happens but TRTC is not like other companies as we have seen all along.
What are we on Plan 5 now? What a joke
We shall soon see if the price rises as you say.
Derek's gonna need a new script writer soon as he keeps making promises that he cant fulfil.
Sounds like we lost as we have to buy the shares back.
Not the outcome we thought would happen.
I guess there are 2 sides to the story
What else can TRTC do wrong? POS
As per transcript from small cap voice
"Yes, I mean, we still have – we still have the Reno transaction with buying out the other 50% of the Reno facility. We’re just waiting for the state to transfer the license. And then once that license transfers, we paid the remainder of the consideration. So we will do another draw down off of the financing, the $40 million financing that we announced over a year ago. And then, after that last tranche, a little bit of financing, as we come out of the summertime, then we – and we’ve conducted these assets sales, we want to migrate away from having to go back to the capital markets and issue additional shares for CapEx."
sounds like using all tranches and some additional financing
This is the seventh of eight tranches. One more after this and Derek mentioned maybe a small loan after that in his conference call
We are losing ground every day now to competitors.
So i wonder what other 4-5 permits are going to be sold to get the 40-50 million Derek says was going to be raised. And sold to a company with no info sounds fishy to me also as someone mentioned previously.
Also no mention of the bottling plant that was promised.
They haven't even paid the 6 mil yet for Reno lawsuit, 5 mil in the bank doesn't cover that. Derek used to be the go to guy when the industry started but no longer relevant . Now its "we dont want to be the biggest"
"Going to where the puck is going", " Getting our Tuxedo ready for Nasdaq",
Obviously a lot of new people on this board who haven't followed this stock
I guess you didn't read the press release.
Money is to be used for California, sales and marketing.
Oh yeah, Derek does sales and marketing. Must be for his pockets
lol
I guess you didn't read the press release.
Money is to be used for California, sales and marketing.
Oh yeah, Derek does sales and marketing. Must be for his pockets
lol
Must be running out of money that we have to sell licences.
Im sure Derek will pump this as usual. What did we pay for Oakland? 40Mil? But we sell for 10 Mil. What a joke. Promises, promises, that take years to fulfil. Need better management and quit awarding yourself shares. Only people making money is the insiders it seems.
Ha ha, makes a move the day of conference call so it gives him something to crow about.
WTF..he just finished telling us he was going to stay away from dilution except for last tranches to clean up loose ends. He got a 100 grand bonus for WHAT???? Wheres the 6 mil from sale of dispensary. This is getting pathetic
That is what worries me also BidnessMan
Cant believe we went from first mover advantage to the spot we are in now.
Took too long to build out these permits. Always next quarter it seems.
I have been holding for years and unfortunately wasnt smart enough to trade it as i believed in the company. Lots of promises. Being a wall street guy i would of thought he could do better with financing and getting on the Canadian exchanges like everybody else. Now we are losing all permits we seem to apply for and he's talking about selling assets. Hope if he sells them at greater prices than what we paid for Oakland. Will try what AC is doing with trading instead of holding in the future. Now Derek is saying , well that didnt work and lets try this. GLTA
Thats only .06 of a share, not .60 is the way i read it.
Anybody know if the presentation today is available to listen to?
Realized today also that our investment in Hydrofarm is going to be a good thing when all is said and done. Good diversification also, like Edible Gardens
IMHO
I’m more worried that they will sell too cheap so their shenanigans are swept under the rug while they walk away with their pockets filled
30.00 US I’m okay with
Terra Tech to Host Grand Opening Ceremony of its Medical Cannabis Dispensary in San Leandro, CA on January 11, 2019
Mayor Pauline Cutter to speak at ribbon cutting ceremony
IRVINE, Calif., Jan. 03, 2019 (GLOBE NEWSWIRE) -- Terra Tech Corp. (TRTC) ("Terra Tech") or (the "Company"), a vertically integrated cannabis-focused agriculture company, today announced that Mayor Pauline Cutter of San Leandro, CA will speak at Terra Tech’s grand opening of its Blüm San Leandro medical cannabis dispensary. The ribbon cutting ceremony will take place from 9:30 AM to 11:00 AM on January 11th, 2019 at the dispensary located at 1915 Fairway Drive San Leandro, CA, 94577.
Terra Tech’s Blum San Leandro dispensary will make history as the first medical dispensary to open its doors in San Leandro, a prominent suburb city of San Francisco and Oakland, centered in the dynamic San Francisco Bay Area. With a vibrant community of more than 89,000 residents, San Leandro is known for its well-maintained neighborhoods, excellent public libraries, twenty-one public parks, quality local schools, and a wide range of shopping, dining, and entertainment options. The City also encompasses a large industrial area that is home to an advanced manufacturing industry. The Company is also constructing an extraction facility in San Leandro, which it expects to open in early 2019.
Chief Executive Officer, Derek Peterson, said, “San Leandro will be a great location for Terra Tech’s new medical cannabis dispensary as the city has proven to be an expanding hub of innovation and business. Having a dispensary up and running in San Leandro is the perfect way to start off 2019 by increasing Terra Tech’s distribution channels in such a sought-after location. I will be speaking alongside Mayor Cutter at the event where I will touch upon the significance of this location and how it will help accelerate the growth of our company.”
Mayor Cutter will follow Derek’s opening speech with her remarks and will be accompanied by City Manager Jeff Kay, members of the City Council and other City Officials. Additionally, Terra Tech will be inviting local manufacturers and cultivators to attend the event.
The grand opening of Terra Tech’s Blum San Leandro medical cannabis dispensary is the result of a six-year process where the City Council ended up allowing only three dispensaries to be opened in San Leandro. Terra Tech’s Blüm San Leandro location received a permit in 2015 and was subsequently issued a manufacturing permit in 2017. To be added to the Terra Tech email distribution list, please email TRTC@kcsa.com with TRTC in the subject line.
Terra Tech to Host Grand Opening Ceremony of its Medical Cannabis Dispensary in San Leandro, CA on January 11, 2019
https://ir.terratechcorp.com/press-releases/detail/246
Terra Tech to Host Grand Opening Ceremony of its Medical Cannabis Dispensary in San Leandro, CA on January 11, 2019
https://ir.terratechcorp.com/press-releases/detail/246
I thought it strange that you hadn’t posted for a while as I appreciate your input Briar. Sorry to hear of the loss of your dad. May God help you and family through these trying times
Excellent post IP
There is so much going on right now it’s hard to keep track of it all
Appreciate you taking the time to fill us in on the industry also
We will be sittin pretty by New Years
Thanks IP for the effort you put in keeping us informed about the industry and your personal thoughts
I think you do get it!!
Have a fantastic weekend all
Nice work on the breakdown BP
Appreciate all your work along with IP’s inside knowledge of the industry
Good post AC
We need those jobs and the customer service that goes along with it.
When I go to Big Box stores I usually always find a teller at checkout vs using a machine
Good article on MJ valuations in Canada and Derek quoted again.
https://mjbizdaily.com/valuations-climb-canadian-cannabis-firms/?utm_medium=email&utm_source=Newsletter&utm_campaign=daily_072618&utm_content=&utm_term=?elqTrackId=8ca70b88d25f42afb7578b71888f316a&elq=e9d8d7be0e04425fa4ac1661964cea74&elqaid=495&elqat=1&elqCampaignId=272
The reason i posted the article was due to the comments
“The U.S. is still relatively untapped, and we’re far from the scale and magnitude that this industry could be operating at,” Phillips said. “We expect that there is going to be significantly more capital coming into this space.”
I have also heard Kevin O'Leary say that there is billions of dollars waiting on the sidelines to invest as soon as legality is more defined on the federal level.
Good reason to get in early in my opinion
Good read and TRTC mentioned https://mjbizdaily.com/marijuana-ma-activity-spikes-as-some-cannabis-pioneers-cash-out/
Boehner's ‘Bombshell’ Weed Reversal ‘Monumental’ For Marijuana
https://www.bloomberg.com/news/articles/2018-04-11/boehner-s-bombshell-weed-reversal-monumental-for-marijuana
I believe January will be a fantastic month and this run is far from over
News coming out on Carnegie address one of these days plus the 11 mil in cash they raised for something or other and an option on another property. Then NJ inauguration and movement there also
GLTA
I actually can’t wait to R/S and people won’t be able to play for pennies
It also means as Derek stated that we will either be on a bigger exchange or made some kind of strategic deal
The best part is that it will shut some people up
How much is Kaufman paying our dispensaries for showcasing his machine
Seems about right he should be paying us for a change
Breaking even. Lol
Now that a good plan
How many years back do I have to go where you don’t post that we are Reverse sharing any day now
Looks like we are putting the pedal to the metal lately and a perfect storm is starting to brew
What a year it’s been and next year we start to see the fruits
gLta
Thanks IP for your insight
I enjoy reading your thoughts, and you have a great way of explaining the industry and making us look at it from a different perspective
Much appreciated and GLTY
I was wondering that myself. Kinda sketchy the way it was said.
Or is Salwa and Kaufman still holding?
Picked up another 25K this morning at .21 and will continue adding when i can. Read the stickies again. The future looks bright.
Looking at your past history it looks like all you write about is selling
But you never mention that you bought any
Nice try
Do you want to explain how you see that? No substance
Than ks for the quick reply Djdjdjdj. Thats an interesting question they asked. Would be great if they opened up the banking.