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$TRTC Amended Form-4 = insider sell today...
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11314588
Common Stock 4/8/2016 S 92500 D $0.3782 819444 D
Common Stock 4/11/2016 S 150000 D $0.3475 669444 D
http://www.nasdaq.com/symbol/trtc/insider-trades
VANDEVREDE STEVE Director 04/11/2016 Sell direct 150,000 0.3475 669,444
VANDEVREDE STEVE Director 04/08/2016 Sell direct 92,500 0.3782 819,444
NAHASS MICHAEL Officer 04/07/2016 Sell direct 100,000 0.4040 3,500,796
VANDEVREDE KEN Officer 04/06/2016 Sell direct 25,000 0.3500 522,071
NAHASS MICHAEL Officer 04/06/2016 Sell direct 200,000 0.3690 3,600,796
VANDEVREDE KEN Officer 04/05/2016 Sell direct 25,000 0.3105 547,071
ALMSTEIER AMY Officer 04/04/2016 Sell direct 303,427 0.2953 996,078
NAHASS MICHAEL Director 04/04/2016 Sell direct 400,000 0.3060 3,800,796
VANDEVREDE KEN Officer 04/04/2016 Sell direct 125,000 0.2708 572,071
ALMSTEIER AMY Officer 04/01/2016 Sell direct 274,800 0.2701 1,299,505
ALMSTEIER AMY Officer 09/03/2015 Sell direct 100,000 0.1431 1,574,305
ALMSTEIER AMY Officer 08/31/2015 Sell direct 71,000 0.1404 1,674,305
ALMSTEIER AMY Officer 08/28/2015 Sell direct 100,000 0.1378 1,745,405
ALMSTEIER AMY Officer 08/21/2015 Sell direct 299,373 0.1271 1,845,405
ALMSTEIER AMY Officer 08/20/2015 Sell direct 151,300 0.1360 2,144,778
ALMSTEIER AMY Officer 08/19/2015 Sell direct 150,000 0.1200 2,296,078
VANDEVREDE KEN Director 05/19/2015 Sell direct 75,000 0.1800 597,640
VANDEVREDE STEVE Director 05/19/2015 Sell direct 70,000 0.1800 486,944
VANDEVREDE KEN Director 05/18/2015 Sell direct 36,904 0.1835 672,640
http://whoopiandmaya.com/find-whoopi-maya-products/
Keep a close eye to the dispensaries listed. 1 is about to drop off by Friday...
Look who @whoopiandmaya follows, you will find me @colwellinvestor there. Been having good conversation with them
That's what happens when CEO states in a 50 page filing that he is going to turn your 100,000 shares into 20,000 shares, but only RS your shares and not his....
@whoopiandmaya follows me on twitter. Been having conversation with them...
Whoopiandmaya considering removing their product launch from BLUM Oakland after $TRTC s-3 filing. I guess they don't want to be associated with a company with potentially bad press to put a dark cloud over their launch, great job DP....
Picked up some shares on this dip. Lots of room to run. STO RSI is still neutral
RS prior to 7/17(any day before). Will prob be next month. No other reason to vote for a RS now... If DP wanted to RS next year, he would vote for it then...
Retail can now buy the s-3 discounted warrents. They won't buy on the open market anymore.
Amy and many other insiders sold over 60% of their shares since October... Amy had almost 3 million shares then, and has less than 1 million now...
All which require a positive cash flow for the previous fiscal year. Which $TRTC does not have...
Why vote for RS now if they didn't plan to implement it!? $TRTC is going to right RS after the "vote" approves to do so. I use quotes for vote because insiders preferred shares have more voting power with over 51%. S-3 states any time prior to 7/17.
So vote for RS in 2017. Not now.... Notice how DP is only going to RS out shares. And not his preferred shares, what a crook.
"RS to uplist" is the oldest OTC trick in the book. Fact isv $TRTC doesn't qualify to uplist because they had negative cash flow last year. Even with the exceptions, there is no way $TRTC can uplist to nasdaq this year... so again why "vote" for RS now!?
Why vote for RS now if they didn't plan to implement it!? $TRTC is going to right RS after the "vote" approves to do so. I use quotes for vote because insiders preferred shares have more voting power with over 51%. S-3 states any time prior to 7/17.
Typical OTC scam statement: 'RS to uplist". I thought $TRTC was different... I don't mind AS increase or dilution. But RS now is just unnecessary and only benefits insiders. Ashamed I supported Terra Tech now... DP has some explaining to do... and has to take RS off the table to regain shareholder confidence
No. Insiders control the vote with their preferred share voting power...
Uplisting possible in 2-3 years, but impossible this year per standards 1, 2, and 3. Even with the listed expections... so RS now is pointless and very discouraging.
Terra Tech is a good company, but obviously being mismanaged... Shareholders will be bent over if RS is approved, which likely will be because insiders want to RS and have the voting power to do so.
What a huge disappoint, I'm in disbelief right now. Why mention RS now with all the good momentum we had going...
Cannot uplist per listing 1 and 2 standards, even with the few exceptions of standard 3, which that TRTC cannot obtain... average of 850mil market cap with over 90mil in revenue is impossible at this point in time. MAYBE next year, but impossible this year, so again why RS now!?
I was fine with AS increase with restricted issuing of shares to acquire assets, but RS now is BS...
Cannot have recorded net loss for at least 3 years... UNLESS market cap is averaged 850mil for the year AND annual revenue is at least 90 million.
Those numbers are impossible to obtain this year. Average market cap for the year is less than 100 million AND projected revenue is no where near 90 million...
So if the company is saying RS to uplist, then they are full of BS...
I hope they take RS off the table. I'm fine with AS doubling, was expecting that. It is the RS that worries me...
Cannot uplist for 3 years...Listing Standard No.1. So RS to uplist is BS... i hope it is reconsidered...
"The company must have aggregate pre-tax earnings in the prior three years of at least $11 million, in the prior two years at least $2.2 million, and no one year in the prior three years can have a net loss."
TRTC had net loss last year...
Can't uplist for 3 years...Listing Standard No. 1:
The company must have aggregate pre-tax earnings in the prior three years of at least $11 million, in the prior two years at least $2.2 million, and no one year in the prior three years can have a net loss.
It's not the AS increase or dilution that scares me. That was expected. It is the mention of a RS that is unsettling. I hope management decides not to RS until it is necessary to uplist, which wouldn't be for another 2-3 years from now.
At least CANT broke up the ask. Wish my funds would clear today, looking to take advantage of this dip. S3 filings usually have 2-3 red days, and then recover depending on restrictions on shares issued.
So according to S-3 the AS is going to double, and then RS, but only RS our shares and not the officer's preferred shares. That doesn't seem right... Needs to be lunch time so I can read this filing....
CANT 522k at .34.... break up the ask...
Does s3 state RS for uplisting? I haven't had time to read yet, at work. I hope not because we don't qualify to uplist for at least 2 years, would be pointless to RS now....
Usually 2-3 red days after a s3 is filed. Overall not necessarily bad news if the company puts restrictions on the shares issued. Will be interesting to see the details on the first unit offering. Will probably see a few this week
Cannot qualify to uplist until TRTC post positive gains for at least 2 years in a row. Looking to add more once the bleeding stops.
Shares issued are generally restricted for a year. Dilution won't be a factor for a long time.
RSI not overbought(>80) until PPS hits .60. 40-50 this week. 50-60 next week.
Looking to double my position here on Wednesday! Haven't sold 1 share of $TRTC and have been adding since I took a starter position at .1350! After .42 resistance there is no other resistance points until .60! That is when the RSI would hit 80.
MUST READ! Recent marijuana articles across the US!
The 'nuns' who grow medical marijuana
http://www.cnn.com/2016/04/07/health/cnnphotos-marijuana-nuns-sisters-of-the-valley/index.html?sr=twCNN041016cnnphotos-marijuana-nuns-sisters-of-the-valley0101AMStoryGalLink&linkId=23256247
New Jersey pols, Whoopi: Say yes to pot for menstrual cramps
http://www.startribune.com/new-jersey-pols-whoopi-say-yes-to-pot-for-menstrual-cramps/375065881/
Mayweather In Medical Marijuana Business, Says He Has Over $1 Billion Dollars In Property!
https://www.boxingnewsandviews.com/2016/04/09/mayweather-in-medical-marijuana/
Maine Court Rules in Favor of Marijuana Legalization Supporters; Orders Secretary of State to Review Invalidated Signatures
http://www.thedailychronic.net/2016/56096/maine-court-rules-in-favor-of-marijuana-initiative-supporters/?utm_source=dlvr.it&utm_medium=twitter
Will Woody Harrelson land a Hawaii pot shop license? We’ll find out soon
http://www.thecannabist.co/2016/04/08/woody-harrelson-hawaii-pot-license/51573/
NFL Players Contribute to CBD Research Fund
https://www.whaxy.com/news/nfl-players-cbd-research-fund
DEA Might Change Cannabis’s Schedule I Classification Sooner Than Later
http://marijuanastocks.com/dea-might-change-cannabiss-schedule-i-classification-sooner-than-later/
Female Cannabis Advocate Sues Kansas Over Son’s Removal
http://insider.thcuniversity.org/female-cannabis-advocate-sues-kansas-over-sons-removal/
Archaeologists Have Uncovered 2,400-Year-Old Pure Gold Bongs Used To Smoke Cannabis By Aryan Kings
http://www.higherperspectives.com/pure-gold-bongs-1495290554.html?c=hpeventss4
Watch: Bill Maher boldly smokes a joint on air
http://extract.suntimes.com/culture/10/153/15571/bill-maher-smokes-joint-air-warns-stoners-marijuana-legalization
Why pot shops in the U.S. will soon set sales records
http://www.thecannabist.co/2016/04/07/marijuana-shops-420-pot-sales/51531/
Whoopi & Maya - Whoopi Goldberg launches cannabis startup for women
http://www.beautyalmanac.com/article/whoopi-maya-whoopi-goldberg-launches-cannabis-startup-for-women/2804
Marijuana Kills Cancer Cells, Admits the U.S. National Cancer Institute
http://naturalsociety.com/marijuana-kills-cancer-cells-admits-the-u-s-national-cancer-institute/
DEA Plans To Decide Whether To Reschedule Marijuana By Mid-Year
http://www.huffingtonpost.com/entry/dea-marijuana-reschedule_us_5704567de4b0537661881644
Pot activists protest in front of White House, without giant blow-up joint
http://www.usatoday.com/story/news/politics/2016/04/02/pot-activists-protests-front-white-house-without-giant-blow-up-joint/82557348/
Like these articles? Follow https://twitter.com/Colwellinvestor
$TRTC Terra Tech Corp (OTCMKTS:TRTC) On A Bull Run
By Alex Carlson / in Momentum Stocks, Sector Watch, Stocks / on Sunday, 10 Apr 2016 05:12 AM
Shares of Terra Tech Corp (OTCMKTS:TRTC) continue on their bull run for 2016. We’ve been telling Insider Financial subscribers since January that TRTC was one of the best pot stocks to own. We said last month that “What we are seeing with TRTC is not only short covering, but also new buyers coming into the stock as the company continues to get new press. This is indeed Green Rush 2.0 and TRTC looks poised to continue making new highs.”
Helping to drive shares higher was the company’s latest earnings report, which showed substantial revenue growth. Total revenues generated for the quarter ended December 31, 2015 were approximately $2.17 million, an increase of 44% from $1.5 million in the same period in 2014; total revenues for the full year 2015 were $9.98 million, an increase of 40.6% from $7.09 million in the year ended December 31, 2014.
Revenue guidance for 2016 calls for $20 million to $22 million. Driving this growth is TRTC’s recently completed acquisition of Black Oak Gallery, DBA: Blüm Oakland, an established, retail medical cannabis dispensary in Oakland, CA. Blüm Oakland, which holds over 42,000 registered patients, has been operating since November 2012 and services close to 1,000 patients each day. The acquisition includes Blüm’s fully integrated supply chain, which consists of a sophisticated onsite cultivation facility and its portfolio of proprietary strains, as well as its high-volume retail storefront. Trailing 12-month non-GAAP revenue for Blüm Oakland is over $14 million, which tracks the revenue reported by Blüm Oakland in its associated sales tax and cannabis tax reporting and payments. When this deal was first announced back in January, we said that it was indeed a game changer for TRTC.
TRTC will now apply the expertise of Blum towards the company’s expansion into Nevada. Terra Tech’s first Nevada-based medical cannabis dispensary, located at 1921 Western Avenue in Las Vegas, has had its final business license approved by the Las Vegas City Council. Terra Tech now possesses all the permits issued by the City of Las Vegas necessary to operate this medical cannabis dispensary. The company is still awaiting final issuance of the State Registration Certificate from the State of Nevada, which is expected to be issued upon completion of the State of Nevada’s operations inspection. The Grand Opening of the dispensary will be held on April 20, 2016.
Located adjacent to the Las Vegas Strip, the Western Avenue dispensary will offer patients the company’s proprietary IVXX brand of premium medical cannabis, including flowers, shatters, waxes and oils, among other high-quality cannabis products from a range of reputable providers of superior grade medical cannabis. The 3,900 square foot facility is located adjacent to the Las Vegas Strip at 1921 Western Avenue and is expected to benefit from the heavy traffic in Las Vegas. CEO Derek Peterson said:
“We are delighted to receive the City of Las Vegas Business License for our first-ever medical cannabis dispensary to be located in Nevada. We see tremendous opportunity in Nevada’s medical cannabis market and are confident that having a physical presence will enable us to gain market share and position Terra Tech as an industry leader in this emergent market. We encourage members of the local community that have an interest in the health benefits of cannabis to attend our Grand Opening on April 20th to hear more about our offering.”
This month, TRTC also launched a new line of pre-filled, IVXX-branded medical cannabis cartridges. An initial order for approximately $170,000, or 10,000 units, has been received from one of Terra Tech’s distributors. This is the first of multiple cartridge lines, each containing varying percentages of cannabinoids, to be launched over the next four months. The cannabis oil cartridges will offer a variety of cannabis strains of varying potencies in easy-to-use, convenient cartridges designed for use in vaporizers. Made from local, sustainably grown cannabis that has been cleanly extracted using a supercritical CO2 method, the oil is lab-formulated for consistency, and lab-tested for purity and potency. Terra Tech manufactures the pre-filled cartridges at its IVXX Extraction Lab, and will distribute them via its existing distribution network and retail locations.
trtc 4.10
Currently trading with a market cap of $130 million, TRTC is one of the best plays on the OTC markets for pot stock investors. Shares are on the verge of breaking out and continuing their march higher. The worst looks to be behind TRTC and we recommend investors purchase shares on any pullbacks. The days of being short TRTC are definitely over as rallies will continue to be fueled by short covering and new buyers coming into the stock. TRTC is indeed a microcap runner and a pure play on the coming marijuana green rush.
http://www.insiderfinancial.com/terra-tech-corp-otcmktstrtc-on-a-bull-run/115095/
$TRTC Terra Tech Corp (OTCMKTS:TRTC) On A Bull Runhttps://t.co/jknx71UFTn
— NOTE (@Solana_NOTE) April 10, 2016
$TRTC Mammoth Move on Terra Tech Corp (OTCMKTS:TRTC)
By Carrie Rivers on April 10, 2016 Micro Cap Insider, Small Caps
Terra Tech Corp (OTCMKTS:TRTC) is in the midst of a spectacular rise in recent months since trading for well under a dime in December. The stock is easily one of the most exciting stocks on the OTC and one of the most heavily traded too emerging as a staple among the top most traded stocks on the entire exchange.
TRTC has a history of spectacular moves skyrocketing to $1.25 during the last pot stock boom. Now that the sector is on fire again, shorts have been covering en mass on TRTC as the stock moves higher on continued national press.
Terra Tech Corp (OTCMKTS:TRTC) is one of the original pot stocks on the OTC led by Derek Peterson “The Public Spokesperson for Medical and Legalized Marijuana.” TRTC is the only US-based, publicly-traded company that touches every aspect of the cannabis lifecycle—from cultivation, to extraction, to branding, and now, with the acquisition of Blum, to retail sale.
We have been covering TRTC for years; the Company was initially incorporated as Private Secretary, Inc. on July 22, 2008 in the State of Nevada. The Company planned to develop a software program that would allow for automatic call processing through VoIP technology. On January 27, 2012, the Company filed an amendment to its Articles of Incorporation changing its name to Terra Tech Corp and a new pot stock was born.
Derek Peterson is a former Vice President at Morgan Stanley. He left Wall Street because he saw a huge opportunity in medical marijuana. His vision is setting up growing facilities in various states to grow herbs such as basil and thyme with plans to switch to Marijuana production as state laws permit.
TRTC has a number of subsidiaries including Edible Gardens which was established in 2007 and proves fresh, locally grown herbs and leafy greens to supermarkets, restaurants and the food service industry. The growing process utilizes time-tested, classic Dutch hydroponic farming methods to grow produce in a safe and healthy environment.
IVXX Elevate is a TRTC subsidiary focused on building a recognizable, superior brand that delivers unsurpassed quality and consistency to consumers of recreational and medical cannabis throughout the legal U.S. markets. TRTC recently launched a new line of pre-filled, IVXX-branded medical cannabis cartridges. An initial order for approximately $170,000, or 10,000 units, has been received from one of Terra Tech’s distributors. This is the first of multiple cartridge lines, each containing varying percentages of cannabinoids, to be launched over the next four months.
The cannabis oil cartridges will offer a variety of cannabis strains of varying potencies in easy-to-use, convenient cartridges designed for use in vaporizers. Made from local, sustainably grown cannabis that has been cleanly extracted using a supercritical CO2 method, the oil is lab-formulated for consistency, and lab-tested for purity and potency. Terra Tech manufactures the pre-filled cartridges at its IVXX Extraction Lab, and will distribute them via its existing distribution network and retail locations.
A big part of TRTC recent rise is due to their recent acquisition of Black Oak Gallery, DBA: Blum Oakland, an established, retail medical cannabis dispensary in Oakland, CA which holds over 42,000 registered patients, has been operating since November 2012 and services close to 1,000 patients each day. The acquisition includes Blum’s fully integrated supply chain, which consists of a sophisticated onsite cultivation facility, its portfolio of proprietary strains, as well as its high volume retail storefront. Trailing 12-month non-GAAP revenue for Blum Oakland is over $14 million, which tracks the revenue reported by Blum Oakland in its associated sales tax and marijuana tax reporting and payments.
IN March TRTC announced the Grand Opening of its medical cannabis dispensary located at 1921 Western Avenue in Las Vegas, Nevada will be held on April 20, 2016. Located adjacent to the Las Vegas Strip, the Western Avenue dispensary will offer patients the Company’s proprietary IVXX™ brand of premium medical cannabis, including flowers, shatters, waxes and oils, among other high-quality cannabis products from a range of reputable providers of superior grade medical cannabis. The 3,900 square foot facility is located adjacent to the Las Vegas Strip at 1921 Western Avenue and is expected to benefit from the heavy traffic in Las Vegas.
Western Las Vegas is the first of four retail medical cannabis dispensaries slated to open in Nevada in 2016. Three of those, operating under the store name Blüm, will be in Southern Nevada, on Western Avenue, Desert Inn Road near the Las Vegas Convention Center, and Decatur Boulevard. The fourth is to be located in Reno, in Northwest Nevada. All locations are expected to open in time to take advantage of the very active summer tourism season in Nevada.
On April 6 TRTC said it has had its final business license approved by the Las Vegas City Council. The Company now possesses all the permits issued by the City of Las Vegas necessary to operate this medical cannabis dispensary. The Company is still awaiting final issuance of the State Registration Certificate from the State of Nevada, which is expected to be issued upon completion of the State of Nevada’s operations inspection. The Grand Opening of the dispensary will be held on April 20, 2016.
Nevada is an important market for the cannabis industry as the state will recognize the medical status of non-residents. Nevada also has around 40 million annual visitors with 30% of those coming from California. Recreational marijuana use will be on the Nevada ballot box come November.
On March 29 TRTC announced record revenues for the year ended 2015. Total revenues generated for the quarter ended December 31, 2015 were approximately $2.17 million, an increase of 44% from $1.5 million in the same period in 2014; total revenues for the full year 2015 were $9.98 million, an increase of 40.6% from $7.09 million in the year ended December 31, 2014.
TRTC also provided revenue guidance for 2016 calling for $20 million to $22 million. Driving this growth is TRTC’s recently completed acquisition of Black Oak Gallery, DBA: Blüm Oakland, an established, retail medical cannabis dispensary in Oakland, CA. Blüm Oakland, which holds over 42,000 registered patients, has been operating since November 2012 and services close to 1,000 patients each day.
Currently racing up the charts TRTC is the only US-based, publicly-traded company that touches every aspect of the cannabis lifecycle—from cultivation, to extraction, to branding and to retail sale. This gives TRTC a huge advantage because on-site cultivation reduces that cost to about $700 per pound, while the company’s retail price will remain at industry levels 5 to 10 times higher. The Company is turning into a Revenue leader reporting $9.98 million in sales for 2015. Derek Peterson “The Public Spokesperson for Medical and Legalized Marijuana” is a master at selling the sizzle on the sector and getting their story into the national media spotlight with such news outlets as the Wall Street Journal, National Geographic, Fox Business News, The Huffington Post, the Daily Telegraph and CTV news all covering TRTC in the past. When pot stocks heat up TRTC is the place to be; the stock ran to $1.25 during the 2014 boom. We will be updating on TRTC when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with TRTC.
Correct DP already stated he wanted to start with hydro edible garden and then switch over to medical marijuana once states approve it. Has his foot in the at NJ, with Whoopi's help to push medical for women there.
$TRTC new IVXX oil packages already sold $170k! 10,000 order through one of their distributors.
New $TRTC article circulating on several websites
$TRTC Article: Mammoth move on Terra Techhttps://t.co/fVppRNqG50
— NOTE (@Solana_NOTE) April 10, 2016
Correct there is more to add to the list! Huge year for Terra!
Cannot have a negative earnings for at least 3 years I believe...But I agree, we are def heading in the right direction!
Whoopi product launch
420 Vegas grand opening
DEA rescheduling
CA NV recreational use