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Man when does all the excuses stop on this forum.
errrr
- glad i can buy cheapies--its been 4 years of cheapies lol
- I bought early lol
- I do not have to pay tax on this account lol
- looks good to me .22 to .31 lol - insider enrichment schemes continue to recycle in a range to pull in suckers and keep longs who preach potential for 4 years.
- Derek made good lol
I can go on and on
There is a maxed out os count of 1 billion shares ! lol active toxic fins as we speak and expenses higher then revenue lol thats just the tip of the iceburg lol
oh and the price per share is .269
Glad everyone is happy lol
Celebrate ? lol at a maxed out 1 billion share count? current active toxic fins? firing of sec violators from board of directors? expenses higher than revenue?
Celebrate a pps of .269 after 4 years of a well oiled insider enrichment scheme?o
Does anyone on this forum care about money lol
Just read the financials people....do the evaluation
Lets celebrate .269 pps after 1 year of Nevada going rec live lol
Lets celebrate .269 pps going on 3 months of California going rec live lol
Guys i don't care if you have potential or have 10,000 store fronts
Its about shareholders making money....or at least sharing in the success..
FEB 2018 the PPS is .269
Derek Peterson should be fired as CEO and celebrated as a masterful insider enrichment planner
Nothing matters but the financials...for the 100th time already. That is how professionals evaluate a company. The os numbers are maxed out at 1 billion- their hands are tied now and have to consolidate
Toxic fins are still going on for pennies on the dollar, and the expenses out pace the revenue. That is just a superficial glance at why the pps is .269 1 year after all of the "wait for this day" holy grail mantra of Nevada going REC Live, and now we are pushing fast into 3 months of CA going rec live and the company could give 2 shats about shareholder worth.
If they had another 1 billin shares to sell---> they would be sold off if a heart beat for pennies on the dollar..Its how they operate....their pockets are what matter most...they have the assets in place for now..screw the shareholders...until they want to sell or up-list...."then all of sudden share holders and the financials will matter" lol
SO it doesnt matter if they had a 100 million square foot grow center and 900 dispensaries.
Correction it matters to the insiders...they would make money hand over fist.
But in a insider enrichment scheme .....the shareholders are always last
They studied and run this scheme to perfection. I mean once they sell off the last 88 million common shares. They are not going to stop their philosophy of being an insider enrichment company.
It has worked great for them! It is what got them to the big dance and made them multi millionaires.
At the cost of stealing millions of dollars from hard working blue collar people, who believed in the company.
Its a shame
Of course the judge will....its a dog and pony show lol Did you really think anything was going to change.
Same old BS
I think new investors should also take into consideration the current financials and past history of this company and its insiders before throwing their money away.
It does not matter how many dispensaries are open....there is a reason the Price Per Share is .269
After 4 years of dilution and toxic fins....and expenses greater than the revenue
DO your own due diligence. DO not just listen to me, or the 1 line paid promotors.
Read the finanicals and look into the history of the company.
THE NUMBERS DO NOT LIE, NOR DOES THE PAST HISTORY OF THIS COMPANY. IT IS ALL PUBLIC KNOWLEDGE.
It is true they diluted 500 million shares in the last year or so..
They now have close to 1 billion shares outstanding? and only 88 million left before they consolidate and reset the whole insider enrichment scheme that they all created when working together at the brokerage company?
The pps is .269 steamrolling into March 2018 ? This is 1 year after the holy grail day of NV going recreational live and going on 3 months of CA going recreational live. Which is a joke lol
Up until 3 weeks ago THESE INSIDERS WERE STILL TRYING TO DILUTE AND TOXIC FINANCE. THIS IS PROOF THEY DO NOT HAVE SHARE HOLDERS INTERESTS AT HEART AGAIN FOR 2018 ...THATS 4 YEARS IN A ROW. WHEN THEY ARE MAKING MILLIONS OF DOLLARS. THEY WANT EVERYTHING PEOPLE...
Look at the financials and it all points to enrich insiders only .269 pps tells no lies
This why the pps has been in the dumps for almost 4 years - These are signs of management not giving a rats behind about shareholders...hence the now 1 billion OS count maxed out
To get an inside look at TRTC’s reckless dalliance with convertible notes, go no further than its quarterly reports. Its 10-Q for the quarter ended June 30, 2017, notes that “during the six months ended June 30, 2017, senior secured convertible promissory notes and accrued interest in the amount of $8,839,084 were converted into 50,710,473 shares of common stock.”
How bad is the impact of TRTC’s convertible note addiction on common shareholders? The table below, which illustrates the rate at which outstanding shares have increased over the past five years, answers this question.
Year TRTC shares outstanding
2012 76.89 million
2013 99.04 million
2014 174.3 million
2015 240.19 million
2016 389.36 million
As of December 11th 2017 903.17 million
Shares outstanding nearing authorized shares of 990 million
In five years, TRTC’s shares outstanding have increased more than tenfold and are now inching dangerously close to its authorized shares of 990 million. This means that going forward there is very limited room for TRTC’s debt holders to convert their debt into new shares. This heightens the prospect that TRTC may default on its debt. In case this happens, shareholders will be first to lose as debt owners will foreclose on the assets. This is the benefit of being a debt holder as opposed to being a shareholder. Debt holders usually have the first claim on a company’s assets in the event of foreclosure.
SO basically making > $250,000 a day and diluting 1 billion shares along with continued toxic financing to anyone willing to give them money for our worthless shares for pennies on the dollar.
THIS IS TH biggest insider enrichment scheme around.
People on this forum keep turning a blind eye to everything
Derek Peterson, Amy Almsteier ,Michael Nahass, and Salwa Ibrahim are laughing all the way to the bank.
I think new investors New should take into consideration the current financials and past history of this company and its insiders.
This is not a stock to buy until it consolidates its numbers. With the OS count almost maxed out at 1 billion shares and then still having toxic fins out there.... add on to that the expenses out weigh the revenue
stay away for now.... best be on the sidelines
But what has been bothering me more is the morals of the board of directors.
It seems imho Derek Peterson found an excuse to change his name to cover up criminal past.
Derek Peterson's employment history, from Broker Check
Peterson's file has only one disclosure event: he was fired by Morgan Stanley Smith Barney in December 2010 because, as he says, "I was managing an outside business in the agricultural industry and did not disclose it to my broker dealer." On 11 June, he complained at length to a Small Cap Voice interviewer about recent criticism of the company and himself.
One question that had been raised was his at least occasional use of the last name "Oppedisano." He pointed out that his surname is Peterson, and always had been, but that before he was born, his father had changed his own name from Oppedisano to Peterson. Derek is, he says, "in the process" of changing his name to Oppedisano, so that his children can have "some sort of understanding of their heritage." How long does it take to change a name? Four years?
Interestingly, he was using Oppedisano back in 2010, when he failed to disclose his "outside business" to Morgan Stanley. As far as can be known, he hasn't used it since. The SCV interviewer didn't press him about any of this; but then they're promoters, and it's their job to agree with the CEOs who pay them.
Peterson's wife Amy Almsteier, a former interior designer, is also involved with Terra Tech. In addition to being a 37 percent owner of the company, she serves as secretary, treasurer and director. TRTC does have a CFO as well, Michael James. Another director, Michael Nahass, is a registered rep. According to Broker Check, he, like Peterson, worked for Morgan Stanley a few years ago; perhaps the two met there. Nahass is currently employed by Arque Capital Ltd., an Arizona company with an office in Irvine, California.
Nahass and Peterson have something else in common: both declared bankruptcy not long ago; Nahass in 2011, evidently as a result of gambling debts, and Peterson in 2012, for other reasons.
Michael James CFO of TRTC formerly CEO of NRTI
$TRTC CFO Michael James exposed for blatant fraud with his fake Nulief launch while also CEO of $NRTI. He does a partnership deal w/Derek Peterson and runs $NRTI into the ground and ends up selling all $NRTI assets to $TRTC thru a LLC company that was created 4 weeks prior to selling the assets via this backdoor deal, leaving $NRTI shareholders with absolutely nothing, as he quietly exits back to TRTC without a peep. Then he is handsomely rewarded with tons of TRTC shares as bonus shortly thereafter for his debauchery tactics to quietly steal NRTI's assets out from under shareholders and secretly selling them to TRTC at a huge discount before anyone was aware of it. They buried the whole transaction in a 10K without saying a word. During a Q&A session, Peterson was asked about it, but glazed over it without addressing what actually took place regarding this deal.
NRTI CEO & TRTC CFO, Michael James screwed over every NRTI shareholder with his BLATANT FRAUD behind the Nulief CBD launch, where they never manufactured any real product or ever sold it in any dispensary, despite saying so in Press releases and interviews. Ever since then, he has been selling his TRTC bonus shares, that Derek rewarded him for this great deed to enrich TRTC, at the expense of the NRTI shareholders.
ANYONE dumb enough to invest a single cent into this company that is run by a management team with these kinds of principles, needs to have their heads examined! Right now they are once again selling insider shares by the groves, driving the share price into the ground, without any regard for shareholders! These gutter rats are making millions and millions of dollars every year by screwing over shareholders! The worst part is, despite all the SEC complaints filed, the SEC does nothing! All they reply with is an article explaining the dangers of investing in MJ companies. So in other words, if you are an otc company in the MJ business, as the CEO you are free to launch a FAKE Nulief CBD product and get away with it and steal all the assets away from one mj company and sell them to another one where you also hold a CFO position!
Michael James left a paper trail a mile wide on his blatant fraud, but yet the SEC looks the other way and does nothing to investigate the matter.
Should i even Get into Amy Almsteier ,Michael Nahass, and Salwa Ibrahim ? OR the recent board member they had to fire because of his SEC violations?
They are laughing all the way to the bank.
Well when trtc magically makes the expenses higher than the revenue--wink wink
Lets not open that can of rotten worms lol
And they maxed out the OS count to 1 billion shares and toxic fins due
They have to get the new money somehow lol
Why not start the insider enrichment plan all over again? the free atm machine ....
Ok well they just have to reverse split to forgive all past sins ....and of course get paid millions of dollars once again.
sure..lol i have some big agenda lol I am just a shareholder tired of the insider enrichment con that has destroyed our shareholder worth to the point where the pps struggles to hold .27 in 2018? after nv and ca went rec live? really?
Im disappointed that Derek Peterson has no choice but to reverse split and further ruin shareholders worth...
They operate buy diluting as many shares as possible ...hence the 500 million used in the last year, along with toxic financing for pennies on the dollar.
Well guess what...they are almost out of share...88 million left lol
You think they are going to use their money? lol please lol
DO not even get me started why i think reverse splits stink...we all been through those convos lol
Once and for all... I acknowledge that TRTC have a business and open dispensaries.
But because it is considered an insider enrichment company by its peers and investors.
The financials are horrible and the Price per share is .26 1 year after Nevada went recreational and going into 3 months of California going recreation. Currently the PPS has continued to be diluted.
New investors this why there are 1 billion shares outstanding and active toxic fins....
DO NOT INVEST IN THIS COMPANY UNTIL ITS CONSOLIDATES AND CLEANS UP ITS ACT....HERES WHY....
It is true they diluted 500 million shares in the last year
They now have close to 1 billion shares outstanding? and only 88 million left before they consolidate and reset the whole insider enrichment scheme that they all created when working together at the brokerage company?
The pps is .26 steamrolling into March 2018 ? Which is a joke lol
Up until 3 weeks ago THESE INSIDERS WERE STILL TRYING TO DILUTE AND TOXIC FINANCE. THIS IS PROOF THEY DO NOT HAVE SHARE HOLDERS INTERESTS AT HEART AGAIN FOR 2018 ...THATS 4 YEARS IN A ROW. WHEN THEY ARE MAKING MILLIONS OF DOLLARS. THEY WANT EVERYTHING PEOPLE...
Look at the financials and it all points to enrich insiders only .26 pps tells no lies
This why the pps has been in the dumps for almost 4 years - These are signs of management not giving a rats behind about shareholders...hence the now 1 billion OS count maxed out
To get an inside look at TRTC’s reckless dalliance with convertible notes, go no further than its quarterly reports. Its 10-Q for the quarter ended June 30, 2017, notes that “during the six months ended June 30, 2017, senior secured convertible promissory notes and accrued interest in the amount of $8,839,084 were converted into 50,710,473 shares of common stock.”
How bad is the impact of TRTC’s convertible note addiction on common shareholders? The table below, which illustrates the rate at which outstanding shares have increased over the past five years, answers this question.
Year TRTC shares outstanding
2012 76.89 million
2013 99.04 million
2014 174.3 million
2015 240.19 million
2016 389.36 million
As of December 11th 2017 903.17 million
Shares outstanding nearing authorized shares of 990 million
In five years, TRTC’s shares outstanding have increased more than tenfold and are now inching dangerously close to its authorized shares of 990 million. This means that going forward there is very limited room for TRTC’s debt holders to convert their debt into new shares. This heightens the prospect that TRTC may default on its debt. In case this happens, shareholders will be first to lose as debt owners will foreclose on the assets. This is the benefit of being a debt holder as opposed to being a shareholder. Debt holders usually have the first claim on a company’s assets in the event of foreclosure.
SO basically making > $250,000 a day and diluting 1 billion shares along with continued toxic financing to anyone willing to give them money for our worthless shares for pennies on the dollar.
THIS IS TH biggest insider enrichment scheme around.
People on this forum keep turning a blind eye to everything
Derek Peterson, Amy Almsteier ,Michael Nahass, and Salwa Ibrahim are laughing all the way to the bank.
Have you guys noticed the only reply to posts pointing out financial facts, shady business deals, and professional moral issues we bring up about TRTC. Is that there is some kind of a alien conspiracy lol
No one cares enough outside this forum or even knows this company lol I just want to share knowledge so new investors do not get their money held ransom for 2 years or possibly taken right out from under them.
THE NUMBERS DO NOT LIE, NOR DOES THE PAST HISTORY OF THIS COMPANY. IT IS ALL PUBLIC KNOWLEDGE.
NEWBIES PLEASE READ...DO NOT INVEST IN THIS COMPANY UNTIL ITS CONSOLIDATES AND CLEANS UP ITS ACT....HERES WHY....
It is true they diluted 500 million shares in the last year
They now have close to 1 billion shares outstanding? and only 88 million left before they consolidate and reset the whole insider enrichment scheme that they all created when working together at the brokerage company?
The pps is .26 steamrolling into March 2018 ? Which is a joke lol
Up until 3 weeks ago THESE INSIDERS WERE STILL TRYING TO DILUTE AND TOXIC FINANCE. THIS IS PROOF THEY DO NOT HAVE SHARE HOLDERS INTERESTS AT HEART AGAIN FOR 2018 ...THATS 4 YEARS IN A ROW. WHEN THEY ARE MAKING MILLIONS OF DOLLARS. THEY WANT EVERYTHING PEOPLE...
Look at the financials and it all points to enrich insiders only .26 pps tells no lies
This why the pps has been in the dumps for almost 4 years - These are signs of management not giving a rats behind about shareholders...hence the now 1 billion OS count maxed out
To get an inside look at TRTC’s reckless dalliance with convertible notes, go no further than its quarterly reports. Its 10-Q for the quarter ended June 30, 2017, notes that “during the six months ended June 30, 2017, senior secured convertible promissory notes and accrued interest in the amount of $8,839,084 were converted into 50,710,473 shares of common stock.”
How bad is the impact of TRTC’s convertible note addiction on common shareholders? The table below, which illustrates the rate at which outstanding shares have increased over the past five years, answers this question.
Year TRTC shares outstanding
2012 76.89 million
2013 99.04 million
2014 174.3 million
2015 240.19 million
2016 389.36 million
As of December 11th 2017 903.17 million
Shares outstanding nearing authorized shares of 990 million
In five years, TRTC’s shares outstanding have increased more than tenfold and are now inching dangerously close to its authorized shares of 990 million. This means that going forward there is very limited room for TRTC’s debt holders to convert their debt into new shares. This heightens the prospect that TRTC may default on its debt. In case this happens, shareholders will be first to lose as debt owners will foreclose on the assets. This is the benefit of being a debt holder as opposed to being a shareholder. Debt holders usually have the first claim on a company’s assets in the event of foreclosure.
SO basically making > $250,000 a day and diluting 1 billion shares along with continued toxic financing to anyone willing to give them money for our worthless shares for pennies on the dollar.
THIS IS TH biggest insider enrichment scheme around.
People on this forum keep turning a blind eye to everything
Derek Peterson, Amy Almsteier ,Michael Nahass, and Salwa Ibrahim are laughing all the way to the bank.
Derek hired the best in the business of insider enrichment companies. He hired the former CEO of NRTI to be his CFO!
If anyone wanted to know why Derek Peterson would hire Michael James former CEO of NRTI as his CFO.
When NRTI fleeced its shareholders out of all their money and diluted the PPS down to .0001
Michael James is currently the CFO of TRTC.
Below is public knowledge..
$TRTC CFO Michael James exposed for blatant fraud with his fake Nulief launch while also CEO of $NRTI. He does a partnership deal w/Derek Peterson and runs $NRTI into the ground and ends up selling all $NRTI assets to $TRTC thru a LLC company that was created 4 weeks prior to selling the assets via this backdoor deal, leaving $NRTI shareholders with absolutely nothing, as he quietly exits back to TRTC without a peep. Then he is handsomely rewarded with tons of TRTC shares as bonus shortly thereafter for his debauchery tactics to quietly steal NRTI's assets out from under shareholders and secretly selling them to TRTC at a huge discount before anyone was aware of it. They buried the whole transaction in a 10K without saying a word. During a Q&A session, Peterson was asked about it, but glazed over it without addressing what actually took place regarding this deal.
NRTI CEO & TRTC CFO, Michael James screwed over every NRTI shareholder with his BLATANT FRAUD behind the Nulief CBD launch, where they never manufactured any real product or ever sold it in any dispensary, despite saying so in Press releases and interviews. Ever since then, he has been selling his TRTC bonus shares, that Derek rewarded him for this great deed to enrich TRTC, at the expense of the NRTI shareholders.
ANYONE dumb enough to invest a single cent into this company that is run by a management team with these kinds of principles, needs to have their heads examined! Right now they are once again selling insider shares by the groves, driving the share price into the ground, without any regard for shareholders! These gutter rats are making millions and millions of dollars every year by screwing over shareholders! The worst part is, despite all the SEC complaints filed, the SEC does nothing! All they reply with is an article explaining the dangers of investing in MJ companies. So in other words, if you are an otc company in the MJ business, as the CEO you are free to launch a FAKE Nulief CBD product and get away with it and steal all the assets away from one mj company and sell them to another one where you also hold a CFO position!
Michael James left a paper trail a mile wide on his blatant fraud, but yet the SEC looks the other way and does nothing to investigate the matter.
Should i even Get into Amy Almsteier ,Michael Nahass, and Salwa Ibrahim ? OR the recent board member they had to fire because of his SEC violations?
They are laughing all the way to the bank.
New investors should take into consideration the current financials and past history of this company and its insiders.
It seems imho Derek Peterson found an excuse to change his name to cover up criminal past.
Derek Peterson's employment history, from Broker Check
Peterson's file has only one disclosure event: he was fired by Morgan Stanley Smith Barney in December 2010 because, as he says, "I was managing an outside business in the agricultural industry and did not disclose it to my broker dealer." On 11 June, he complained at length to a Small Cap Voice interviewer about recent criticism of the company and himself.
One question that had been raised was his at least occasional use of the last name "Oppedisano." He pointed out that his surname is Peterson, and always had been, but that before he was born, his father had changed his own name from Oppedisano to Peterson. Derek is, he says, "in the process" of changing his name to Oppedisano, so that his children can have "some sort of understanding of their heritage." How long does it take to change a name? Four years?
Interestingly, he was using Oppedisano back in 2010, when he failed to disclose his "outside business" to Morgan Stanley. As far as can be known, he hasn't used it since. The SCV interviewer didn't press him about any of this; but then they're promoters, and it's their job to agree with the CEOs who pay them.
Peterson's wife Amy Almsteier, a former interior designer, is also involved with Terra Tech. In addition to being a 37 percent owner of the company, she serves as secretary, treasurer and director. TRTC does have a CFO as well, Michael James. Another director, Michael Nahass, is a registered rep. According to Broker Check, he, like Peterson, worked for Morgan Stanley a few years ago; perhaps the two met there. Nahass is currently employed by Arque Capital Ltd., an Arizona company with an office in Irvine, California.
Nahass and Peterson have something else in common: both declared bankruptcy not long ago; Nahass in 2011, evidently as a result of gambling debts, and Peterson in 2012, for other reasons.
Michael James CFO of TRTC formerly CEO of NRTI
$TRTC CFO Michael James exposed for blatant fraud with his fake Nulief launch while also CEO of $NRTI. He does a partnership deal w/Derek Peterson and runs $NRTI into the ground and ends up selling all $NRTI assets to $TRTC thru a LLC company that was created 4 weeks prior to selling the assets via this backdoor deal, leaving $NRTI shareholders with absolutely nothing, as he quietly exits back to TRTC without a peep. Then he is handsomely rewarded with tons of TRTC shares as bonus shortly thereafter for his debauchery tactics to quietly steal NRTI's assets out from under shareholders and secretly selling them to TRTC at a huge discount before anyone was aware of it. They buried the whole transaction in a 10K without saying a word. During a Q&A session, Peterson was asked about it, but glazed over it without addressing what actually took place regarding this deal.
NRTI CEO & TRTC CFO, Michael James screwed over every NRTI shareholder with his BLATANT FRAUD behind the Nulief CBD launch, where they never manufactured any real product or ever sold it in any dispensary, despite saying so in Press releases and interviews. Ever since then, he has been selling his TRTC bonus shares, that Derek rewarded him for this great deed to enrich TRTC, at the expense of the NRTI shareholders.
ANYONE dumb enough to invest a single cent into this company that is run by a management team with these kinds of principles, needs to have their heads examined! Right now they are once again selling insider shares by the groves, driving the share price into the ground, without any regard for shareholders! These gutter rats are making millions and millions of dollars every year by screwing over shareholders! The worst part is, despite all the SEC complaints filed, the SEC does nothing! All they reply with is an article explaining the dangers of investing in MJ companies. So in other words, if you are an otc company in the MJ business, as the CEO you are free to launch a FAKE Nulief CBD product and get away with it and steal all the assets away from one mj company and sell them to another one where you also hold a CFO position!
Michael James left a paper trail a mile wide on his blatant fraud, but yet the SEC looks the other way and does nothing to investigate the matter.
Should i even Get into Amy Almsteier ,Michael Nahass, and Salwa Ibrahim ? OR the recent board member they had to fire because of his SEC violations?
They are laughing all the way to the bank.
OMG lol The price per share has been in the dilution/toxic fins range from .09 - .45 for 4 years lol
With the occasional well placed spike for a minute or two.
Thats how insider enrichment schemes keep old investors on the hook based on "potential" lol
And bring in new investors on the cheap....for insiders to sell all the shares to.
After 4 year of this...i don't think a celebration of .269 is what everyone is feeling lol
Especially when Derek sold off 1 billion shares and has active toxic financing in place lol
This company is awesome for the board members ... They are multi millionaires now
THIS COMPANY SUCKSSSSS FOR THE COMMON SHAREHOLDERS
.2699
wow .268 pps 1 year after Nevada went recreational use live.....
Nice job Derek Peterson
Thats all great, but they just topped out the 1 billion shares outstanding and up till 3 weeks ago were selling shares and begging to make toxic financing deals for pennies on the dollar for the last 88 million shares they have left to sell
THAT IS WHY THIS COMPANY IS STUCK IN THE MUD AT .27 PPS
DO THE MATH...READ THE FINANCIALS AND DO THE STANDARD EVALUATION...LOL
GEE WHAT DOES ONE THINK TRTC WILL DO WHEN THEY SELL THE LAST 80 MILLION SHARES THIS YEAR????? HMMMMMM
RESET THE WHO INSIDER ENRICHMENT PLAN WITH A CLEAN SLATE..... JUST WATCH AND SEE
AGAIN ...LET THEM HAVE 90 STORE FRONTS...THE PRICE PER SHARE IS .27 AFTER NV AND CA REC FOR A REASON.
they will always find shady ways to take all the money......bank on that
Look at AURORA COMPANY...THEY DILUTED TO I THINK 450 MILLION SHARES AND YET THE PPS IS $8
THATS AFTER IT SOLD OFF AND STABILIZED ...AND THIS IS BEFORE THE JULY 1ST NATIONAL REC VOTE LOL
YET DEREK PETERSON CAN'T DO BETTER THAN .27 PER SHARE...WHAT A JOKE
Everything your trying to dispute does not matter Briar....Derek Peterson just rinsed, reset, and recycled the whole insider enrichment plan, because he was not happy leaving 88 million shares left unsold ( diluted).
They have capped out their 1 billion outstanding shares and are still trying to put up smoke screens like "we will lock our shares for a few months" lol and then just did another toxic finance deal for hardly any money, but millions of our shares lol
They do not care.... once the last share is diluted they will make up an excuse as to why they have to reverse split lol and assign new shares to them selves lol
The pps is .27 i do not care how many store fronts are open the pps is .27
And if you do the proper evaluation with the numbers...its most likely worth lessssssss
Lets be honest...
Again it all means nothing people! The PPS is all that matters, and heading into march 2018 the pps is freaking .27 !
If they performed and held gains for the shareholders and not just their pockets..i would not be criitical
I would support this company and say...they are doing the right thing...
I do not enjoy being negative...matter of fact i hate it
I just do not want to see one more hard working blue collar man or woman get their money stolen...
Cause that is what they have been doing for 3 years straight
Come on man ....Derek Peterson always lies and never answers the tough questions sent into him during the quarterly conference calls.
Its all fluff flufff fluff while they find new loop holes and barely ethical but legal ways to screw their long time supporters.
1 billion os shares max'd out and .27 pps and they are still trying to toxic finance lol
You are so right....they are laughing all the way to the bank. I like how Derek pushed the PPS up to .63 for a half second flash to get things looking like there's potential on paper. Did anyone ever see .63 pps in January lol
Either way it was all for metrics....and back to business for them, and time to dilute the last 88 million or so shares.....and wind down the pps to a point where suckers will buy in...
rinse repeat recycle
White collar Criminals
Well what is not mentioned is that NV has been recreational for almost 1 year and the revenue is not what was anticipated. Blum is not even the best dispensary on the strip or the biggest brand lol
That is why they had to dilute shares and take on another toxic finance loan for pennies on the dollar a few weeks ago.
It is all smoke and mirrors with expenses greater than revenue, and funneled back to insiders.
The 1 billion shares outstanding ...and a pathetic .27 pps
BUT YEA " HEY EVERYBODY LOOK THEY HAVE A DISPENSARY OPEN" LOL
PEOPLE READ THE FINANCIALS AND IT CLEARLY POINTS TO NOT BUYING THIS POS UNTIL THEY CONSOLIDATE AND PROVE THEY WANT TO RUN AN HONEST BUSINESS AND LOOK OUT FOR SHAREHOLDERS WORTH.
JUST A REMINDER OF WHY THIS STOCK IS IN THE TANKS AND WHY IT IS CONSIDERED ONE OF THE BIGGEST INSIDER ENRICHMENT SCHEMES ON THE OTC.
New investors should take into consideration the current financials and past history of this company and its insiders.
Have you guys noticed the only reply to posts pointing out financial facts, shady business deals, and professional moral issues we bring up about TRTC. Is that there is some kind of a alien conspiracy lol
No one cares enough outside this forum or even knows this company lol I just want to share knowledge so new investors do not get their money held ransom for 2 years or possibly taken right out from under them.
THE NUMBERS DO NOT LIE, NOR DOES THE PAST HISTORY OF THIS COMPANY. IT IS ALL PUBLIC KNOWLEDGE.
NEWBIES PLEASE READ...DO NOT INVEST IN THIS COMPANY UNTIL ITS CONSOLIDATES AND CLEANS UP ITS ACT....HERES WHY....
It is true they diluted 500 million shares in the last year
They now have close to 1 billion shares outstanding? and only 88 million left before they consolidate and reset the whole insider enrichment scheme that they all created when working together at the brokerage company?
The pps is .27 steamrolling into March 2018 ? Which is a joke lol
Up until 3 weeks ago THESE INSIDERS WERE STILL TRYING TO DILUTE AND TOXIC FINANCE. THIS IS PROOF THEY DO NOT HAVE SHARE HOLDERS INTERESTS AT HEART AGAIN FOR 2018 ...THATS 4 YEARS IN A ROW. WHEN THEY ARE MAKING MILLIONS OF DOLLARS. THEY WANT EVERYTHING PEOPLE...
Look at the financials and it all points to enrich insiders only .279 pps tells no lies
This why the pps has been in the dumps for almost 4 years - These are signs of management not giving a rats behind about shareholders...hence the now 1 billion OS count maxed out
To get an inside look at TRTC’s reckless dalliance with convertible notes, go no further than its quarterly reports. Its 10-Q for the quarter ended June 30, 2017, notes that “during the six months ended June 30, 2017, senior secured convertible promissory notes and accrued interest in the amount of $8,839,084 were converted into 50,710,473 shares of common stock.”
How bad is the impact of TRTC’s convertible note addiction on common shareholders? The table below, which illustrates the rate at which outstanding shares have increased over the past five years, answers this question.
Year TRTC shares outstanding
2012 76.89 million
2013 99.04 million
2014 174.3 million
2015 240.19 million
2016 389.36 million
As of December 11th 2017 903.17 million
Shares outstanding nearing authorized shares of 990 million
In five years, TRTC’s shares outstanding have increased more than tenfold and are now inching dangerously close to its authorized shares of 990 million. This means that going forward there is very limited room for TRTC’s debt holders to convert their debt into new shares. This heightens the prospect that TRTC may default on its debt. In case this happens, shareholders will be first to lose as debt owners will foreclose on the assets. This is the benefit of being a debt holder as opposed to being a shareholder. Debt holders usually have the first claim on a company’s assets in the event of foreclosure.
SO basically making > $250,000 a day and diluting 1 billion shares along with continued toxic financing to anyone willing to give them money for our worthless shares for pennies on the dollar.
THIS IS TH biggest insider enrichment scheme around.
People on this forum keep turning a blind eye to everything
Derek Peterson, Amy Almsteier ,Michael Nahass, and Salwa Ibrahim are laughing all the way to the bank.
You new investors should also take into consideration the current financials and past history of this company and its insiders.
Have you guys noticed the only reply to posts pointing out financial facts, shady business deals, and professional moral issues we bring up about TRTC. Is that there is some kind of a alien conspiracy lol
No one cares enough outside this forum or even knows this company lol I just want to share knowledge so new investors do not get their money held ransom for 2 years or possibly taken right out from under them.
THE NUMBERS DO NOT LIE, NOR DOES THE PAST HISTORY OF THIS COMPANY. IT IS ALL PUBLIC KNOWLEDGE.
NEWBIES PLEASE READ...DO NOT INVEST IN THIS COMPANY UNTIL ITS CONSOLIDATES AND CLEANS UP ITS ACT....HERES WHY....
It is true they diluted 500 million shares in the last year
They now have close to 1 billion shares outstanding? and only 88 million left before they consolidate and reset the whole insider enrichment scheme that they all created when working together at the brokerage company?
The pps is .27 steamrolling into March 2018 ? Which is a joke lol
Up until 3 weeks ago THESE INSIDERS WERE STILL TRYING TO DILUTE AND TOXIC FINANCE. THIS IS PROOF THEY DO NOT HAVE SHARE HOLDERS INTERESTS AT HEART AGAIN FOR 2018 ...THATS 4 YEARS IN A ROW. WHEN THEY ARE MAKING MILLIONS OF DOLLARS. THEY WANT EVERYTHING PEOPLE...
Look at the financials and it all points to enrich insiders only .279 pps tells no lies
This why the pps has been in the dumps for almost 4 years - These are signs of management not giving a rats behind about shareholders...hence the now 1 billion OS count maxed out
To get an inside look at TRTC’s reckless dalliance with convertible notes, go no further than its quarterly reports. Its 10-Q for the quarter ended June 30, 2017, notes that “during the six months ended June 30, 2017, senior secured convertible promissory notes and accrued interest in the amount of $8,839,084 were converted into 50,710,473 shares of common stock.”
How bad is the impact of TRTC’s convertible note addiction on common shareholders? The table below, which illustrates the rate at which outstanding shares have increased over the past five years, answers this question.
Year TRTC shares outstanding
2012 76.89 million
2013 99.04 million
2014 174.3 million
2015 240.19 million
2016 389.36 million
As of December 11th 2017 903.17 million
Shares outstanding nearing authorized shares of 990 million
In five years, TRTC’s shares outstanding have increased more than tenfold and are now inching dangerously close to its authorized shares of 990 million. This means that going forward there is very limited room for TRTC’s debt holders to convert their debt into new shares. This heightens the prospect that TRTC may default on its debt. In case this happens, shareholders will be first to lose as debt owners will foreclose on the assets. This is the benefit of being a debt holder as opposed to being a shareholder. Debt holders usually have the first claim on a company’s assets in the event of foreclosure.
SO basically making > $250,000 a day and diluting 1 billion shares along with continued toxic financing to anyone willing to give them money for our worthless shares for pennies on the dollar.
THIS IS TH biggest insider enrichment scheme around.
People on this forum keep turning a blind eye to everything
Derek Peterson, Amy Almsteier ,Michael Nahass, and Salwa Ibrahim are laughing all the way to the bank.
Newbies Just read the financials and do the math lol It tells the whole story..lol History tells no lies.
I think that is the best way for you to judge why this company is in the dumps and will stay in the dumps until the greedy insiders get their wish and reverse split.
They get to rinse -- reset---and --recycle all of their past sins against the wishes and finances of all the long time supporters of this company.
SO do not listen to the sad excuses and conspiracy theories lol
JUST READ THE FINANCIALS AND FOLLOW THE SHADY PAST OF THE BOARD MEMBERS....AND MAKE YOUR OWN DECISION
There is a reason the OS count is maxed out at 1 billion shares and toxic financing is still going on lol
They do not want to leave any crumbs on the table...there are 80 millions shares left out of the 1 billion to sell off still...
Doing some research and using common sense. It seems imho Derek Peterson found an excuse to change his name to cover up criminal past.
Derek Peterson's employment history, from Broker Check
Peterson's file has only one disclosure event: he was fired by Morgan Stanley Smith Barney in December 2010 because, as he says, "I was managing an outside business in the agricultural industry and did not disclose it to my broker dealer." On 11 June, he complained at length to a Small Cap Voice interviewer about recent criticism of the company and himself.
One question that had been raised was his at least occasional use of the last name "Oppedisano." He pointed out that his surname is Peterson, and always had been, but that before he was born, his father had changed his own name from Oppedisano to Peterson. Derek is, he says, "in the process" of changing his name to Oppedisano, so that his children can have "some sort of understanding of their heritage." How long does it take to change a name? Four years?
Interestingly, he was using Oppedisano back in 2010, when he failed to disclose his "outside business" to Morgan Stanley. As far as can be known, he hasn't used it since. The SCV interviewer didn't press him about any of this; but then they're promoters, and it's their job to agree with the CEOs who pay them.
Peterson's wife Amy Almsteier, a former interior designer, is also involved with Terra Tech. In addition to being a 37 percent owner of the company, she serves as secretary, treasurer and director. TRTC does have a CFO as well, Michael James. Another director, Michael Nahass, is a registered rep. According to Broker Check, he, like Peterson, worked for Morgan Stanley a few years ago; perhaps the two met there. Nahass is currently employed by Arque Capital Ltd., an Arizona company with an office in Irvine, California.
Nahass and Peterson have something else in common: both declared bankruptcy not long ago; Nahass in 2011, evidently as a result of gambling debts, and Peterson in 2012, for other reasons.
Michael James CFO of TRTC formerly CEO of NRTI
$TRTC CFO Michael James exposed for blatant fraud with his fake Nulief launch while also CEO of $NRTI. He does a partnership deal w/Derek Peterson and runs $NRTI into the ground and ends up selling all $NRTI assets to $TRTC thru a LLC company that was created 4 weeks prior to selling the assets via this backdoor deal, leaving $NRTI shareholders with absolutely nothing, as he quietly exits back to TRTC without a peep. Then he is handsomely rewarded with tons of TRTC shares as bonus shortly thereafter for his debauchery tactics to quietly steal NRTI's assets out from under shareholders and secretly selling them to TRTC at a huge discount before anyone was aware of it. They buried the whole transaction in a 10K without saying a word. During a Q&A session, Peterson was asked about it, but glazed over it without addressing what actually took place regarding this deal.
NRTI CEO & TRTC CFO, Michael James screwed over every NRTI shareholder with his BLATANT FRAUD behind the Nulief CBD launch, where they never manufactured any real product or ever sold it in any dispensary, despite saying so in Press releases and interviews. Ever since then, he has been selling his TRTC bonus shares, that Derek rewarded him for this great deed to enrich TRTC, at the expense of the NRTI shareholders.
ANYONE dumb enough to invest a single cent into this company that is run by a management team with these kinds of principles, needs to have their heads examined! Right now they are once again selling insider shares by the groves, driving the share price into the ground, without any regard for shareholders! These gutter rats are making millions and millions of dollars every year by screwing over shareholders! The worst part is, despite all the SEC complaints filed, the SEC does nothing! All they reply with is an article explaining the dangers of investing in MJ companies. So in other words, if you are an otc company in the MJ business, as the CEO you are free to launch a FAKE Nulief CBD product and get away with it and steal all the assets away from one mj company and sell them to another one where you also hold a CFO position!
Michael James left a paper trail a mile wide on his blatant fraud, but yet the SEC looks the other way and does nothing to investigate the matter.
Should i even Get into Amy Almsteier ,Michael Nahass, and Salwa Ibrahim ? OR the recent board member they had to fire because of his SEC violations?
They are laughing all the way to the bank.
Derek hired the best in the business of insider enrichment companies. He hired the former CEO of NRTI to be his CFO!
If anyone wanted to know why Derek Peterson would hire Michael James former CEO of NRTI as his CFO.
When NRTI fleeced its shareholders out of all their money and diluted the PPS down to .0001
Michael James is currently the CFO of TRTC.
Below is public knowledge..
$TRTC CFO Michael James exposed for blatant fraud with his fake Nulief launch while also CEO of $NRTI. He does a partnership deal w/Derek Peterson and runs $NRTI into the ground and ends up selling all $NRTI assets to $TRTC thru a LLC company that was created 4 weeks prior to selling the assets via this backdoor deal, leaving $NRTI shareholders with absolutely nothing, as he quietly exits back to TRTC without a peep. Then he is handsomely rewarded with tons of TRTC shares as bonus shortly thereafter for his debauchery tactics to quietly steal NRTI's assets out from under shareholders and secretly selling them to TRTC at a huge discount before anyone was aware of it. They buried the whole transaction in a 10K without saying a word. During a Q&A session, Peterson was asked about it, but glazed over it without addressing what actually took place regarding this deal.
NRTI CEO & TRTC CFO, Michael James screwed over every NRTI shareholder with his BLATANT FRAUD behind the Nulief CBD launch, where they never manufactured any real product or ever sold it in any dispensary, despite saying so in Press releases and interviews. Ever since then, he has been selling his TRTC bonus shares, that Derek rewarded him for this great deed to enrich TRTC, at the expense of the NRTI shareholders.
ANYONE dumb enough to invest a single cent into this company that is run by a management team with these kinds of principles, needs to have their heads examined! Right now they are once again selling insider shares by the groves, driving the share price into the ground, without any regard for shareholders! These gutter rats are making millions and millions of dollars every year by screwing over shareholders! The worst part is, despite all the SEC complaints filed, the SEC does nothing! All they reply with is an article explaining the dangers of investing in MJ companies. So in other words, if you are an otc company in the MJ business, as the CEO you are free to launch a FAKE Nulief CBD product and get away with it and steal all the assets away from one mj company and sell them to another one where you also hold a CFO position!
Michael James left a paper trail a mile wide on his blatant fraud, but yet the SEC looks the other way and does nothing to investigate the matter.
Should i even Get into Amy Almsteier ,Michael Nahass, and Salwa Ibrahim ? OR the recent board member they had to fire because of his SEC violations?
They are laughing all the way to the bank.
Nothing said on this forum effects the pps lol be real..
Gimmie a break. No one even comes on the forum anymore. The volume of posts has become a slow crawl to who give s a dam about trtc blvd lol
Investors that can read financials and investigate the board members are staying very far away from this company, and the American MJ industry.
Until federal law changes
Well MJ getting rescheduled is prob the only thing that will increase the PPS and hold its value without selling off in 2 days.
God knows dispensary news, financial reports, and NV and CA recreational going live did nothing for the shareholders, because Derek sold off 500,000,000 shares in 14 months and continues to nickel dime thru toxic financing, because the common shares mean nothing to him. He knows he has the reverse split tool at his disposal and that will reset the whole game and reissues new shares to the insiders..
it sucks bigtime
At least if the feds change some laws before hand .....there would be a big pps spike and honest hard working people can get out of this insider enrichment company.
New investors should probably stay clear of this company until they consolidate, clean up their books, and prove they are going to fly straight. History tell a different story.
Ever notice the only comeback to all the financial facts, shady business deals, and professional morals issues we bring up about TRTC. The only comeback is that there is some kind of a conspiracy lol
THE NUMBERS DO NOT LIE, NOR DOES THE PAST HISTORY OF THIS COMPANY. IT IS ALL PUBLIC KNOWLEDGE.
NEWBIES PLEASE READ...DO NOT INVEST IN THIS COMPANY UNTIL ITS CONSOLIDATES AND CLEANS UP ITS ACT....HERES WHY....
It is true they diluted 500 million shares in the last year
They now have close to 1 billion shares outstanding? and only 88 million left before they consolidate and reset the whole insider enrichment scheme that they all created when working together at the brokerage company?
The pps is .27 steamrolling into March 2018 ? Which is a joke lol
Up until 3 weeks ago THESE INSIDERS WERE STILL TRYING TO DILUTE AND TOXIC FINANCE. THIS IS PROOF THEY DO NOT HAVE SHARE HOLDERS INTERESTS AT HEART AGAIN FOR 2018 ...THATS 4 YEARS IN A ROW. WHEN THEY ARE MAKING MILLIONS OF DOLLARS. THEY WANT EVERYTHING PEOPLE...
Look at the financials and it all points to enrich insiders only .279 pps tells no lies
This why the pps has been in the dumps for almost 4 years - These are signs of management not giving a rats behind about shareholders...hence the now 1 billion OS count maxed out
To get an inside look at TRTC’s reckless dalliance with convertible notes, go no further than its quarterly reports. Its 10-Q for the quarter ended June 30, 2017, notes that “during the six months ended June 30, 2017, senior secured convertible promissory notes and accrued interest in the amount of $8,839,084 were converted into 50,710,473 shares of common stock.”
How bad is the impact of TRTC’s convertible note addiction on common shareholders? The table below, which illustrates the rate at which outstanding shares have increased over the past five years, answers this question.
Year TRTC shares outstanding
2012 76.89 million
2013 99.04 million
2014 174.3 million
2015 240.19 million
2016 389.36 million
As of December 11th 2017 903.17 million
Shares outstanding nearing authorized shares of 990 million
In five years, TRTC’s shares outstanding have increased more than tenfold and are now inching dangerously close to its authorized shares of 990 million. This means that going forward there is very limited room for TRTC’s debt holders to convert their debt into new shares. This heightens the prospect that TRTC may default on its debt. In case this happens, shareholders will be first to lose as debt owners will foreclose on the assets. This is the benefit of being a debt holder as opposed to being a shareholder. Debt holders usually have the first claim on a company’s assets in the event of foreclosure.
SO basically making > $250,000 a day and diluting 1 billion shares along with continued toxic financing to anyone willing to give them money for our worthless shares for pennies on the dollar.
THIS IS TH biggest insider enrichment scheme around.
People on this forum keep turning a blind eye to everything
Derek Peterson, Amy Almsteier ,Michael Nahass, and Salwa Ibrahim are laughing all the way to the bank.
NEW INVESTORS SHOULD STAY CLEAR OF THIS COMPANY UNTIL IT CONSOLIDATES AND CLEANS UP ITS ACT, AND HIRES HONEST HONORABLE BOARD MEMBERS
Ever notice the only comeback to all the financial facts, shady business deals, and professional morals issues we bring up about TRTC. The only comeback is that there is some kind of a conspiracy lol
THE NUMBERS DO NOT LIE, NOR DOES THE PAST HISTORY OF THIS COMPANY. IT IS ALL PUBLIC KNOWLEDGE.
NEWBIES PLEASE READ...DO NOT INVEST IN THIS COMPANY UNTIL ITS CONSOLIDATES AND CLEANS UP ITS ACT....HERES WHY....
It is true they diluted 500 million shares in the last year
They now have close to 1 billion shares outstanding? and only 88 million left before they consolidate and reset the whole insider enrichment scheme that they all created when working together at the brokerage company?
The pps is .27 steamrolling into March 2018 ? Which is a joke lol
Up until 3 weeks ago THESE INSIDERS WERE STILL TRYING TO DILUTE AND TOXIC FINANCE. THIS IS PROOF THEY DO NOT HAVE SHARE HOLDERS INTERESTS AT HEART AGAIN FOR 2018 ...THATS 4 YEARS IN A ROW. WHEN THEY ARE MAKING MILLIONS OF DOLLARS. THEY WANT EVERYTHING PEOPLE...
Look at the financials and it all points to enrich insiders only .279 pps tells no lies
This why the pps has been in the dumps for almost 4 years - These are signs of management not giving a rats behind about shareholders...hence the now 1 billion OS count maxed out
To get an inside look at TRTC’s reckless dalliance with convertible notes, go no further than its quarterly reports. Its 10-Q for the quarter ended June 30, 2017, notes that “during the six months ended June 30, 2017, senior secured convertible promissory notes and accrued interest in the amount of $8,839,084 were converted into 50,710,473 shares of common stock.”
How bad is the impact of TRTC’s convertible note addiction on common shareholders? The table below, which illustrates the rate at which outstanding shares have increased over the past five years, answers this question.
Year TRTC shares outstanding
2012 76.89 million
2013 99.04 million
2014 174.3 million
2015 240.19 million
2016 389.36 million
As of December 11th 2017 903.17 million
Shares outstanding nearing authorized shares of 990 million
In five years, TRTC’s shares outstanding have increased more than tenfold and are now inching dangerously close to its authorized shares of 990 million. This means that going forward there is very limited room for TRTC’s debt holders to convert their debt into new shares. This heightens the prospect that TRTC may default on its debt. In case this happens, shareholders will be first to lose as debt owners will foreclose on the assets. This is the benefit of being a debt holder as opposed to being a shareholder. Debt holders usually have the first claim on a company’s assets in the event of foreclosure.
SO basically making > $250,000 a day and diluting 1 billion shares along with continued toxic financing to anyone willing to give them money for our worthless shares for pennies on the dollar.
THIS IS TH biggest insider enrichment scheme around.
People on this forum keep turning a blind eye to everything
Derek Peterson, Amy Almsteier ,Michael Nahass, and Salwa Ibrahim are laughing all the way to the bank.
Yes The insiders are making money hand over fist and expensing it all out...prob back to them selves.
But the PPS is freaking .27 and the Rinse REPEAT Recycle insider enrichment scheme has gone on too long.
Its been 4 years now...Lets expect more than .27 from these people.
What sucks is that now that the 1 billion shares is almost all sold....the PPS is not going anywhere.
They have to and my guess they would love to reverse split and reset it all over again.
It just sucks for the shareholders in every way possible
They are laughing all the way to the bank
We are 9 business days away from March 2018... NV and CA are rec. NV has been rec for almost a year!
AND THE BEST THESE GREEDY SCAMMERS CAN BRING TO US IS .27 PPS
Hmmm all public knowledge check the records....Read the financials....
IT IS ALL TRUE MY FRIEND..... SORRY...BUT I APPRECIATE YOUR 1 LINE POSTS PROVING EVERYTHING TO BE WRONG LOL
MAKES PEOPLE BELIEVE EVERYTHING YOU SAY...LIKE THE 25 "WAIT FOR THIS DAY OR EVENTS"
THAT ALLLLL LED TO THE PATHETIC CURRENT PPS .27 LOL
If anyone wanted to know why Derek Peterson would hire Michael James former CEO of NRTI as his CFO.
When NRTI fleeced its shareholders out of all their money and diluted the PPS down to .0001
Michael James is currently the CFO of TRTC.
Below is public knowledge..
$TRTC CFO Michael James exposed for blatant fraud with his fake Nulief launch while also CEO of $NRTI. He does a partnership deal w/Derek Peterson and runs $NRTI into the ground and ends up selling all $NRTI assets to $TRTC thru a LLC company that was created 4 weeks prior to selling the assets via this backdoor deal, leaving $NRTI shareholders with absolutely nothing, as he quietly exits back to TRTC without a peep. Then he is handsomely rewarded with tons of TRTC shares as bonus shortly thereafter for his debauchery tactics to quietly steal NRTI's assets out from under shareholders and secretly selling them to TRTC at a huge discount before anyone was aware of it. They buried the whole transaction in a 10K without saying a word. During a Q&A session, Peterson was asked about it, but glazed over it without addressing what actually took place regarding this deal.
NRTI CEO & TRTC CFO, Michael James screwed over every NRTI shareholder with his BLATANT FRAUD behind the Nulief CBD launch, where they never manufactured any real product or ever sold it in any dispensary, despite saying so in Press releases and interviews. Ever since then, he has been selling his TRTC bonus shares, that Derek rewarded him for this great deed to enrich TRTC, at the expense of the NRTI shareholders.
ANYONE dumb enough to invest a single cent into this company that is run by a management team with these kinds of principles, needs to have their heads examined! Right now they are once again selling insider shares by the groves, driving the share price into the ground, without any regard for shareholders! These gutter rats are making millions and millions of dollars every year by screwing over shareholders! The worst part is, despite all the SEC complaints filed, the SEC does nothing! All they reply with is an article explaining the dangers of investing in MJ companies. So in other words, if you are an otc company in the MJ business, as the CEO you are free to launch a FAKE Nulief CBD product and get away with it and steal all the assets away from one mj company and sell them to another one where you also hold a CFO position!
Michael James left a paper trail a mile wide on his blatant fraud, but yet the SEC looks the other way and does nothing to investigate the matter.
Should i even Get into Amy Almsteier ,Michael Nahass, and Salwa Ibrahim ? OR the recent board member they had to fire because of his SEC violations?
They are laughing all the way to the bank.
It seems imho Derek Peterson found an excuse to change his name to cover up criminal past.
Derek Peterson's employment history, from Broker Check
Peterson's file has only one disclosure event: he was fired by Morgan Stanley Smith Barney in December 2010 because, as he says, "I was managing an outside business in the agricultural industry and did not disclose it to my broker dealer." On 11 June, he complained at length to a Small Cap Voice interviewer about recent criticism of the company and himself.
One question that had been raised was his at least occasional use of the last name "Oppedisano." He pointed out that his surname is Peterson, and always had been, but that before he was born, his father had changed his own name from Oppedisano to Peterson. Derek is, he says, "in the process" of changing his name to Oppedisano, so that his children can have "some sort of understanding of their heritage." How long does it take to change a name? Four years?
Interestingly, he was using Oppedisano back in 2010, when he failed to disclose his "outside business" to Morgan Stanley. As far as can be known, he hasn't used it since. The SCV interviewer didn't press him about any of this; but then they're promoters, and it's their job to agree with the CEOs who pay them.
Peterson's wife Amy Almsteier, a former interior designer, is also involved with Terra Tech. In addition to being a 37 percent owner of the company, she serves as secretary, treasurer and director. TRTC does have a CFO as well, Michael James. Another director, Michael Nahass, is a registered rep. According to Broker Check, he, like Peterson, worked for Morgan Stanley a few years ago; perhaps the two met there. Nahass is currently employed by Arque Capital Ltd., an Arizona company with an office in Irvine, California.
Nahass and Peterson have something else in common: both declared bankruptcy not long ago; Nahass in 2011, evidently as a result of gambling debts, and Peterson in 2012, for other reasons.
Michael James CFO of TRTC formerly CEO of NRTI
$TRTC CFO Michael James exposed for blatant fraud with his fake Nulief launch while also CEO of $NRTI. He does a partnership deal w/Derek Peterson and runs $NRTI into the ground and ends up selling all $NRTI assets to $TRTC thru a LLC company that was created 4 weeks prior to selling the assets via this backdoor deal, leaving $NRTI shareholders with absolutely nothing, as he quietly exits back to TRTC without a peep. Then he is handsomely rewarded with tons of TRTC shares as bonus shortly thereafter for his debauchery tactics to quietly steal NRTI's assets out from under shareholders and secretly selling them to TRTC at a huge discount before anyone was aware of it. They buried the whole transaction in a 10K without saying a word. During a Q&A session, Peterson was asked about it, but glazed over it without addressing what actually took place regarding this deal.
NRTI CEO & TRTC CFO, Michael James screwed over every NRTI shareholder with his BLATANT FRAUD behind the Nulief CBD launch, where they never manufactured any real product or ever sold it in any dispensary, despite saying so in Press releases and interviews. Ever since then, he has been selling his TRTC bonus shares, that Derek rewarded him for this great deed to enrich TRTC, at the expense of the NRTI shareholders.
ANYONE dumb enough to invest a single cent into this company that is run by a management team with these kinds of principles, needs to have their heads examined! Right now they are once again selling insider shares by the groves, driving the share price into the ground, without any regard for shareholders! These gutter rats are making millions and millions of dollars every year by screwing over shareholders! The worst part is, despite all the SEC complaints filed, the SEC does nothing! All they reply with is an article explaining the dangers of investing in MJ companies. So in other words, if you are an otc company in the MJ business, as the CEO you are free to launch a FAKE Nulief CBD product and get away with it and steal all the assets away from one mj company and sell them to another one where you also hold a CFO position!
Michael James left a paper trail a mile wide on his blatant fraud, but yet the SEC looks the other way and does nothing to investigate the matter.
Should i even Get into Amy Almsteier ,Michael Nahass, and Salwa Ibrahim ? OR the recent board member they had to fire because of his SEC violations?
They are laughing all the way to the bank.
Ever notice the only comeback to all the financial facts, shady business deals, and professional morals issues we bring up about TRTC. The only comeback is that there is some kind of a conspiracy lol
THE NUMBERS DO NOT LIE, NOR DOES THE PAST HISTORY OF THIS COMPANY. IT IS ALL PUBLIC KNOWLEDGE.
NEWBIES PLEASE READ...DO NOT INVEST IN THIS COMPANY UNTIL ITS CONSOLIDATES AND CLEANS UP ITS ACT....HERES WHY....
It is true they diluted 500 million shares in the last year
They now have close to 1 billion shares outstanding? and only 88 million left before they consolidate and reset the whole insider enrichment scheme that they all created when working together at the brokerage company?
The pps is .27 steamrolling into March 2018 ? Which is a joke lol
Up until 3 weeks ago THESE INSIDERS WERE STILL TRYING TO DILUTE AND TOXIC FINANCE. THIS IS PROOF THEY DO NOT HAVE SHARE HOLDERS INTERESTS AT HEART AGAIN FOR 2018 ...THATS 4 YEARS IN A ROW. WHEN THEY ARE MAKING MILLIONS OF DOLLARS. THEY WANT EVERYTHING PEOPLE...
Look at the financials and it all points to enrich insiders only .279 pps tells no lies
This why the pps has been in the dumps for almost 4 years - These are signs of management not giving a rats behind about shareholders...hence the now 1 billion OS count maxed out
To get an inside look at TRTC’s reckless dalliance with convertible notes, go no further than its quarterly reports. Its 10-Q for the quarter ended June 30, 2017, notes that “during the six months ended June 30, 2017, senior secured convertible promissory notes and accrued interest in the amount of $8,839,084 were converted into 50,710,473 shares of common stock.”
How bad is the impact of TRTC’s convertible note addiction on common shareholders? The table below, which illustrates the rate at which outstanding shares have increased over the past five years, answers this question.
Year TRTC shares outstanding
2012 76.89 million
2013 99.04 million
2014 174.3 million
2015 240.19 million
2016 389.36 million
As of December 11th 2017 903.17 million
Shares outstanding nearing authorized shares of 990 million
In five years, TRTC’s shares outstanding have increased more than tenfold and are now inching dangerously close to its authorized shares of 990 million. This means that going forward there is very limited room for TRTC’s debt holders to convert their debt into new shares. This heightens the prospect that TRTC may default on its debt. In case this happens, shareholders will be first to lose as debt owners will foreclose on the assets. This is the benefit of being a debt holder as opposed to being a shareholder. Debt holders usually have the first claim on a company’s assets in the event of foreclosure.
SO basically making > $250,000 a day and diluting 1 billion shares along with continued toxic financing to anyone willing to give them money for our worthless shares for pennies on the dollar.
THIS IS TH biggest insider enrichment scheme around.
People on this forum keep turning a blind eye to everything
Derek Peterson, Amy Almsteier ,Michael Nahass, and Salwa Ibrahim are laughing all the way to the bank.
Please do you really think they just sold and manipulated shares for 1 year ..lol at that range lol
It all started when they sold off in 2014 $1.40 down to .08 lol
Face it they sold off 1 billion shares since then and the pps is .27 in 2018 --> after NV and CA went rec live .
Those were the 2 biggest excuses that you 5 guys used to protect and try to attack anyone pointing out the obvious dilution and toxic financing ( that is still going on as of a few weeks ago lol)
If i was Derek i would fire you guys..lol Your so bad at you do lol
Just a reminder to newbies...as to why the daily volume went from 70 million to barely 3 million and why the pps is in the .20"s
Do not buy this stock until it consolidates...other wise your money will be locked up for a long time.
Read below:
Is everyone is going to ignore the continued dilution and toxic finance recently ?
.279 pps after all the big events preached lol 1 billion shares outstanding
Rinse Reset Recycle insider enrichment 101
On December 26, 2017, Terra Tech Corp. (the “Company”) issued a 12% Senior Convertible Promissory Note due June 26, 2019 (the "Note") in the principal amount of $5,500,000 to an investor (the "Purchaser") for a purchase price of $5,500,000 "
"All principal and interest due and owing under the Note is convertible into shares of Common Stock at any time at the election of the holder at a conversion price per share equal to the lower of (i) $0.30 "
https://www.dailymarijuanaobserver.com/single-post/2017/12/27/TRTC-Terra-Tech-Issues-55-Million-in-Senior-Convertible-Promissory-Notes
Also 7 business days ago
Michael Nahass sold 680,000 shares Wednesday 1-24-18
https://www.dispatchtribunal.com/2018/02/01/michael-nahass-sells-680000-shares-of-terra-tech-corp-trtc-stock.html/amp
THESE INSIDERS ARE STILL TRYING TO DILUTE AND TOXIC FINANCE. THIS IS PROOF THEY DO NOT HAVE SHARE HOLDERS INTERESTS AT HEART AGAIN FOR 2018 ...THATS 4 YEARS IN A ROW. WHEN THEY ARE MAKING MILLIONS OF DOLLARS. THEY WANT EVERYTHING PEOPLE...
Look at the financials and it all points to enrich insiders only .279 pps tells no lies
This why the pps has been in the dumps for almost 4 years - These are signs of management not giving a rats behind about shareholders...hence the now 1 billion OS count maxed out
To get an inside look at TRTC’s reckless dalliance with convertible notes, go no further than its quarterly reports. Its 10-Q for the quarter ended June 30, 2017, notes that “during the six months ended June 30, 2017, senior secured convertible promissory notes and accrued interest in the amount of $8,839,084 were converted into 50,710,473 shares of common stock.”
How bad is the impact of TRTC’s convertible note addiction on common shareholders? The table below, which illustrates the rate at which outstanding shares have increased over the past five years, answers this question.
Year TRTC shares outstanding
2012 76.89 million
2013 99.04 million
2014 174.3 million
2015 240.19 million
2016 389.36 million
As of December 11th 2017 903.17 million
Shares outstanding nearing authorized shares of 990 million
In five years, TRTC’s shares outstanding have increased more than tenfold and are now inching dangerously close to its authorized shares of 990 million. This means that going forward there is very limited room for TRTC’s debt holders to convert their debt into new shares. This heightens the prospect that TRTC may default on its debt. In case this happens, shareholders will be first to lose as debt owners will foreclose on the assets. This is the benefit of being a debt holder as opposed to being a shareholder. Debt holders usually have the first claim on a company’s assets in the event of foreclosure.
SO basically making > $250,000 a day and diluting 1 billion shares along with continued toxic financing to anyone willing to give them money for our worthless shares for pennies on the dollar.
n see the biggest insider enrichment scheme around.
THERE IS A REASON DEREK CHANGES HIS NAME TO HIDE HIS PAST....
People on this forum keep turning a blind eye to everything
Derek Peterson, Amy Almsteier ,Michael Nahass, and Salwa Ibrahim are laughing all the way to the bank.
The shareholders are losing , that is why i am so annoyed. The insiders ran up the os count to 1 billion and they are still trying to bring in toxic fins at pennies on the dollar...when they do not even need the little money they receive from giving away our shares for nothing.
Its going on March 2018 ...and the pps is .27!!!!!! Nevada going rec is almost 1 year old ...if you can believe that?
what does it matter if the made up ( not itemized) expenses are higher than the revenue
Listen you preached all 2017 about nothing matters because NV is going rec and the pps went red
You preached that all the dilution (1 billion) and toxic fins meant nothing because of the explosion on Jan 1st when CA goes rec.
The PPS is .27 and dropping and the volume has dried up, but Derek is continuing to make millions of dollars...
You should at least be annoyed by this? no?
My agenda is for this pos to start operating in shareholders interest and not finding shady loopholes to always line their pockets first, and to stop using any and every barely legal financial tool to screw shareholders over....they sold off 1 billion shares really fast, and 500 million share in 14 months lol
So in 14 months they prob made---> conservatively anywhere from $175,000,000 to $250,000,000 depending on the pps at the time.
They raised this money after most of the expense was paid off in the dispensary build outs...which do not cost much..they inflate the prices to make sure they show no profit on the books, and get out of paying the high tax rate. It all a game.
i can go on and on and on about this insider enrichment scheme
another day , and another broken promise and pompom 1 liner from the usual legends lol
Yet the OS count is 1 billion now and almost all sold out, and the pps is .27 after NV and CA rec went live.
But lets all celebrate and "uhhh wait for 2019" lol
oh btw the insiders are still doing toxic financing as of a few weeks ago
Oh btw they are making millions of dollars for themselves...not the shareholders.
lol ok so its bs that they diluted 500 million shares in the last year or so? lol
Its bs that they now have close to 1 billion shares outstanding? and only 88 million left before they consolidate and reset the whole insider enrichment scheme that they all created when working together at the brokerage company?
Is it bs that the pps is .27 steamrolling into March 2018 ? lol
Up until 3 weeks ago THESE INSIDERS WERE STILL TRYING TO DILUTE AND TOXIC FINANCE. THIS IS PROOF THEY DO NOT HAVE SHARE HOLDERS INTERESTS AT HEART AGAIN FOR 2018 ...THATS 4 YEARS IN A ROW. WHEN THEY ARE MAKING MILLIONS OF DOLLARS. THEY WANT EVERYTHING PEOPLE...
Look at the financials and it all points to enrich insiders only .279 pps tells no lies
This why the pps has been in the dumps for almost 4 years - These are signs of management not giving a rats behind about shareholders...hence the now 1 billion OS count maxed out
To get an inside look at TRTC’s reckless dalliance with convertible notes, go no further than its quarterly reports. Its 10-Q for the quarter ended June 30, 2017, notes that “during the six months ended June 30, 2017, senior secured convertible promissory notes and accrued interest in the amount of $8,839,084 were converted into 50,710,473 shares of common stock.”
How bad is the impact of TRTC’s convertible note addiction on common shareholders? The table below, which illustrates the rate at which outstanding shares have increased over the past five years, answers this question.
Year TRTC shares outstanding
2012 76.89 million
2013 99.04 million
2014 174.3 million
2015 240.19 million
2016 389.36 million
As of December 11th 2017 903.17 million
Shares outstanding nearing authorized shares of 990 million
In five years, TRTC’s shares outstanding have increased more than tenfold and are now inching dangerously close to its authorized shares of 990 million. This means that going forward there is very limited room for TRTC’s debt holders to convert their debt into new shares. This heightens the prospect that TRTC may default on its debt. In case this happens, shareholders will be first to lose as debt owners will foreclose on the assets. This is the benefit of being a debt holder as opposed to being a shareholder. Debt holders usually have the first claim on a company’s assets in the event of foreclosure.
SO basically making > $250,000 a day and diluting 1 billion shares along with continued toxic financing to anyone willing to give them money for our worthless shares for pennies on the dollar.
THIS IS TH biggest insider enrichment scheme around.
People on this forum keep turning a blind eye to everything
Derek Peterson, Amy Almsteier ,Michael Nahass, and Salwa Ibrahim are laughing all the way to the bank.
Just another reminder to newbies...as to why the daily volume went from 70 million to barely 3 million and why the pps is in the .20"s
Do not buy this stock until it consolidates...other wise your money will be locked up for a long time.
Read below:
Is everyone is going to ignore the continued dilution and toxic finance recently ?
.279 pps after all the big events preached lol 1 billion shares outstanding
Rinse Reset Recycle insider enrichment 101
On December 26, 2017, Terra Tech Corp. (the “Company”) issued a 12% Senior Convertible Promissory Note due June 26, 2019 (the "Note") in the principal amount of $5,500,000 to an investor (the "Purchaser") for a purchase price of $5,500,000 "
"All principal and interest due and owing under the Note is convertible into shares of Common Stock at any time at the election of the holder at a conversion price per share equal to the lower of (i) $0.30 "
https://www.dailymarijuanaobserver.com/single-post/2017/12/27/TRTC-Terra-Tech-Issues-55-Million-in-Senior-Convertible-Promissory-Notes
Also 7 business days ago
Michael Nahass sold 680,000 shares Wednesday 1-24-18
https://www.dispatchtribunal.com/2018/02/01/michael-nahass-sells-680000-shares-of-terra-tech-corp-trtc-stock.html/amp
THESE INSIDERS ARE STILL TRYING TO DILUTE AND TOXIC FINANCE. THIS IS PROOF THEY DO NOT HAVE SHARE HOLDERS INTERESTS AT HEART AGAIN FOR 2018 ...THATS 4 YEARS IN A ROW. WHEN THEY ARE MAKING MILLIONS OF DOLLARS. THEY WANT EVERYTHING PEOPLE...
Look at the financials and it all points to enrich insiders only .279 pps tells no lies
This why the pps has been in the dumps for almost 4 years - These are signs of management not giving a rats behind about shareholders...hence the now 1 billion OS count maxed out
To get an inside look at TRTC’s reckless dalliance with convertible notes, go no further than its quarterly reports. Its 10-Q for the quarter ended June 30, 2017, notes that “during the six months ended June 30, 2017, senior secured convertible promissory notes and accrued interest in the amount of $8,839,084 were converted into 50,710,473 shares of common stock.”
How bad is the impact of TRTC’s convertible note addiction on common shareholders? The table below, which illustrates the rate at which outstanding shares have increased over the past five years, answers this question.
Year TRTC shares outstanding
2012 76.89 million
2013 99.04 million
2014 174.3 million
2015 240.19 million
2016 389.36 million
As of December 11th 2017 903.17 million
Shares outstanding nearing authorized shares of 990 million
In five years, TRTC’s shares outstanding have increased more than tenfold and are now inching dangerously close to its authorized shares of 990 million. This means that going forward there is very limited room for TRTC’s debt holders to convert their debt into new shares. This heightens the prospect that TRTC may default on its debt. In case this happens, shareholders will be first to lose as debt owners will foreclose on the assets. This is the benefit of being a debt holder as opposed to being a shareholder. Debt holders usually have the first claim on a company’s assets in the event of foreclosure.
SO basically making > $250,000 a day and diluting 1 billion shares along with continued toxic financing to anyone willing to give them money for our worthless shares for pennies on the dollar.
n see the biggest insider enrichment scheme around.
THERE IS A REASON DEREK CHANGES HIS NAME TO HIDE HIS PAST....
People on this forum keep turning a blind eye to everything
Derek Peterson, Amy Almsteier ,Michael Nahass, and Salwa Ibrahim are laughing all the way to the bank.