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The same as your post ...copy and paste i googled and found the same info
I agree Derek Peterson, Amy Almsteier ,Michael Nahass, and Salwa Ibrahim are laughing all the way to the bank. They are dirty criminals....who steal hard working peoples money.
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.
Derek Peterson ( one of his cover up fake names) may love pot--in addition to his work with TRTC, he co-owns a dispensary called Blum Oakland--but he's not a stoner. He likes to say he "worked on Wall Street," and indeed he spent a decade in the financial industry, though not in New York City. Now about 38 years old, his experience was with several well-known securities firms in the Los Angeles area.
Puzzlingly, FINRA Broker check says he's not currently registered as a broker, though in the "employment history" part of the report it's noted that he's worked for Monarch Bay Securities since November 2012. He doesn't mention Monarch Bay in the biography that appears in TRTC's most recent 10-K, and isn't named as a member of the Monarch Bay "team," so it's not clear whether he's still associated with them or not.
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.
Financing efforts
TRTC has so far enjoyed no financial success. Though, as intended, Edible Garden provides some revenues, losses are significant: $6 million, or $0.06 per share, in fiscal 2013. The first quarter of 2014 showed no improvement. Net loss for Q1 alone was $4.9 million, or $0.03 per share. The company's supporters contend that you have to spend money to make money, and that Terra Tech is laying the groundwork for a glorious future.
Certainly it's true that the marijuana industry is new, and that the companies entering the sector must start from scratch, since until recently cultivating, processing, and selling weed for either medicinal or recreational purposes was illegal in most states, and still is in many. Building an infrastructure while dealing with strict state regulations and prohibitions on interstate commerce is costly.
No one knows which of today's infant pot companies will succeed, or are indeed legitimate, though TRTC's many passionate fans are sure their company--and stock--will come through with flying colors. They aren't concerned with earnings, or even revenues, at this point. They approve of Peterson's business plan, and are convinced their seedling will flower into a robust plant. Early this year, Peterson told the Wall Street Journal that he wanted to build a greenhouse for the cultivation of pot "in every major city." He also wants to develop his own branded marijuana strains.
All that will obviously require a great deal of financing. Like nearly every penny stock company, TRTC has a good deal of convertible debt. One creditor is Hanover Holdings, which is part of Joshua Sason's Magna Group. They consider themselves to be venture capitalists; most penny stock observers correctly think of them as toxic financiers.
In April 2013, Terra Tech entered into a stock purchase agreement with Hanover. Hanover committed to purchase $5 million of the company's stock over a 36-month period. The shares would be priced at $0.165, which was approximately what they were trading for in the open market at the time. The deal included registration rights for the stock to be issued. Accordingly, on 9 May 2013, the company filed an S-1 to register the stock to be issued to Hanover from time to time, and to register stock underlying debentures issued to four other investors in a separate transaction.
The SEC was not at all happy with the registration statement. A reviewer from the Division of Corporation Finance sent Peterson a brief letter saying in part: "… You have not included the consent of your auditor, as required by Item 16 of Form S-1 and Regulation S-K Item 601(b)(23). For this reason, we will not perform a detailed examination of the registration statement and we will not issue comments because to do so would delay the review of other disclosure documents that do not appear to contain comparable deficiencies."
Additional problems triggered additional correspondence, and the filing went through seven amendments. It was finally deemed effective on 30 September 2013. By that time, TRTC had reduced the number of shares to be sold to Hanover to 10.1 million, all of which were purchased by year's end.
It seems the reason for the reduction in the number of shares Hanover was willing to buy was a decline in the price of Terra Tech's stock. By October 2013 it was trading between $0.07 and $0.08, and so would have to double for Hanover to break even on its investment. They must have had some faith in Peterson and the company, though, because they agreed to sign up for another round of financing at a stock price more favorable to them. On 28 October, a new S-1 was filed, registering another 19 million shares to be sold to Hanover at $0.07 a share. The intent of the original share purchase agreement had not changed: Hanover was still to buy $5 million worth of TRTC's stock.
By the time the registration statement was deemed effective on 24 January 2014, the stock was trading at $0.38 and on its way to $1.42, courtesy of email and social media promotions. This gave Hanover a shot at a tidy profit.
It is not known how much of that stock Hanover has bought and sold; no mention of it or its purchases appears in the company's 10-Q for the first quarter of 2014. Terra Tech did raise $5.77 million from financing activities in that quarter, however, and notes that it needs to "continue to raise funds to cover working capital requirements until we are able to raise revenues to a point of positive cash flow."
Licenses, critics, and evil short sellers
Part of Peterson's strategy is to try to get into the marijuana business in Nevada on the ground floor. With that in mind, on 19 March 2014 he formed a Nevada company called MediFarm, LLC, which is currently a non-operating subsidiary of TRTC. Nevada legalized medical maryjane in 2013, and in March of this year final regulations for the administration and control of the program were approved by the state legislature.
For the rest of his phone chat with SCV, Peterson tried to clear up some of what he saw as inaccurate information about himself and his company. Among other things, he claimed he did not use promoters to sell TRTC's stock. Never! he said. He was interested in hiring reputable investor relations firms, of course. And TRTC does, according to its OTCMarkets profile page, have an IR firm called Porter, LeVay and Rose. But what, then, is Small Cap Voice? We think of them as a promoter; they take money to say nice things about penny stocks. Can Peterson not see that?
The SCV interviewer self-righteously noted that they have no monetary interest in pumping stocks, because they're paid in restricted shares. He neglected to mention that they're also paid in cash, and that they send email blasts to subscribers and "manage investor awareness campaigns." They've been working for Terra Tech on and off since January 2013."
Are you kidding man? the PPS is struggling to hold .27 ! The OS count is 1 billion !
All the while they have cash cows in place and keep collecting money hand over fist that will never show profit, because they expense everything out and some have shown back to their own pockets.
Everything is in place ...the dispensaries, the legalized rec in CA and NV....EG, IVXX
and still the pps is .27
Who would be happy? You gots to be kidding me...stop making excuses for these cons
This is the biggest insider enrichment scheme around.
THERE IS A REASON DEREK CHANGES HIS NAME TO HIDE HIS PAST....
THERE IS A REASON DEREK HIRED A SEC CRIMINAL TO HIS BOD AND HIRED NRTI SCAMMER MICHAEL JAMES AS HIS FREAKING CFO!!!
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.
.27 and dropping.... 1 billion shares outstanding and 750 million on the float and Current active toxic financing....
All while TRTC insiders are making > $250,000 a day , and have a huge war chest of cash on hand.
Yea lets talk about a dumb useless article that does not talk about financials lol
Look at the financials and it all points to enrich insiders only!
.27 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.
WOW!!! .27 and dropping..... Come on people tell me how exciting it is about a fluff article or how great it is to get cheapies lol
Or how its the whole industry in the red ...lol
Show some self respect people admit your angry and disappointed in the Derek Petersons performance for the share holders.....
He is doing great for himself and the insiders... they are all millionaires, while we are getting racked through the coals for the 4th year in a row.
Rinse Repeat Recycle never fails
And you wonder why i rant about these criminals
.27 pps Really?
Come on spin it....spend your time saying "errr good article" while all of our share holder worth gets taken away....
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.
Dam we are steam rolling into March and no excitement, no news, and still no 4th qrt results.
Volume is all but dried up and they are almost max out on the OS count of 1 billion
But Derek Peterson and Salwa and Nahass are making at this point prob way more than previous highs of > $250,000 a day!
If this pos company is the leader in the USA market....god help us all lol
Something has to change real soon..... Its time already
I mean look at the forum....no one even cares anymore... same 6 people posting
Man it feels like summer....amazing how little interest is going on in the American MJ market.
I mean we went from 74 million in volume to barely 3 million and the price per share is .27?
Its not even worth debating or arguing on the forum anymore.
The insiders won....and are getting filthy rich
These dispensaries are cash cows...that keep on giving
They could do nothing else and just collect >$250,000 a day for life and then just sell it all off in a few years, while we are stuck in the end cycle of total dilution in the .27 pps range for a long long time.
Why would i sell......i have 400k shares....This company is not going out of business anytime soon, and has made a ton of progress. Once they consolidate ...hopefully only 5 to 1 or if they hit the 100 million revenue and decrease expenses ---> the pps will take off. One way or another i will make money...it may not be as much as i planned, and i may have to leave my money stagnent for another 18 months, but it will happen.
Even if i sold and reinvested it all in Canadian mj stocks...i would make 20 times more profit staying in TRTC in whatever path Derek chooses to walk.
SO i am blessed in that i bought in cheap, and i am cursed at the same time because i have been held hostage for a few years.
Some people are longs, and have gotten impatient with the PPS performance, and vent about the insiders greed and shady acts that compromise the share holders worth.
Forums are not all lollipops and unicorns and candy rainbows.....its called a difference of opinion
I can only speak for myself.....when the company starts to perform for us and not just them...
I would not complain one bit
Anyone else been noticing the heavy dilution most of the big 4 Canadian companies are starting to do?
It is a red flag.... kinda. I guess it depends on what they report for revenue after Canada rec goes live.
The biggest companies are trying like mad to buy up market share before July 1st national rec vote.
It makes me wonder how things are going to fall out in the USA...should be interesting to watch.
It is a lot harder to follow in USA, because there are not too many legit public companies to research to get an early edge as to who will be a good candidate for a buyout to gain market share.
These smaller companies are good investments if you can identify them early.
Its such a fragmented industry in the USA...things have to change soon.
SO i am looking into some other MJ companies, and doing a superficial glance at the finances. It just makes me scratch my head ...lol
This is the norm: for example- ( i will exclude the name)
A company with Less than $500,000 in revenue and 150 million shares outstanding ---> PPS > .90 cents
- All they have is modest grow facility
TRTC- $40,000,000 in revenue and about to prob forecast to >60 million for 2018 and 990 million shares outstanding.
- 6 dispensaries
- a couple of grow facilities
- A lock in with NJ
- 2 new dispensaries in CA soon
- Edible Gardens
Yet our PPS is .27 cents? lol
Just doesn't make sense anymore
When the pps is performing well for the shareholders, and not for the insiders to use as a dilution atm machine.
If this company was performing for the shareholders just alittle, you would not here me complain.
But at .28 pps after 4 years? after diluting 1 billion shares? Yea it makes me sick
Sounds like a plan just in time for Derek Peterson and Michael Nahass to sell their shares in early December .
What disappointing year for shareholders if your prediction comes true...
They basically rinsed reset recycled the whole insider enrichment scheme all over again for the 4th year in a row.
Oh and how convenient the price runs up alittle leading into first week of January 2019 for metrics purposes.
Then guess what... rinse reset recycle for the 5th year in a row, and its wait for 2020
now i am depressed
More like pure financial facts lol and I AM --> ANTI TRTC UNDER PERFORMING FOR SHAREHOLDERS WITH A PPS OF .27
IM SORRY YOU FEEL SO MISLED...THATS WHAT DEREK PETERESON WANT.S..HE WANTS YOU TO BE BLINDED BY FLUFF STORIES AND POTENTIAL...WHILE HE GETS RICH AND USES ALL OF THE SHAREHOLDERS MONEY IRRESPONSIBLY ...HENSE THE .27 PRICE PER SHARE..
WHERES THE 400 MILLION DOLLARS GONE? THATS A CONSERVATIVE NUMBER THAT I THINK THEY MADE DILUTING 1 BILLION SHARES AND SELLING LETTUCE AND MJ.
SORRY
Thats great Derek Peterson will buy another beach house while you try to tell everyone....
"hey guys don't pay attention to the financial number and dilution and toxic finance..and ignore insiders selling all their shares"
Wait till 2019 guys lol "Oh hi guys derek did an interview" lol
PPS is .27 and dropping because of the insider enrichment scheme
Thats your excuse for the .28 price per share now..lol I know wait till 2019
Newbies just ignore read this below and buyer beware until consolidation
What i am trying to get across to new investors....to watch out until TRTC consolidates....its a no buy. Telling people that TRTC just diluted and set up toxic financing again is false lol 1 billion shares outstanding is false?
I guess its more important to post about a new picture or grow room or a fluffy quote from Derek Peterson, than to actually look and talk about the financials and pps ...lol
I guess everyone is going to ignore the continued dilution and toxic finance recently ..lol
.287 pps after all the big events preached lol 1 billion shares outstanding
Rinse Reset Recycle insider enrichment 101
Newbies this is why this company is failing for its shareholders and is a no buy..until consolidation.
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 .287 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.
I do not have a bunch ..more like 6, but i have a lot more on my watch list where i try to follow news such as mergers, assets, and products.
Well i am not happy with the pathetic PPS after 4 years and i am not happy with the latest dilution and toxic financing from the last 8 business days...sorry
but does that make you happy as an investor?
I know all my stocks are down....Here is my honest non biased opinion. TRTC has done great things and built a really good cash cow company that profits the insiders very very well, and they can continue to blame circumstances/political and banking environments to excuse dilution/toxic fin behavior that in my opinion does not need to be done anymore. They have the revenue in place now.
With their OS count almost maxed out at 1 billion...i guess they are thinking why not sell of the other 88 million...we are just going to consolidate anyway...and issue new shares.
Without consolidation, which is a nice way of saying reverse split.
I do not think anything but the feds rescheduling will move the price per share >$1
If news of opening dispensaries and NV and CA rec have no effect....nothing will.
.269 is just really really disappointing for FEB 2018
But honestly can believe this POS is being manipulated sold off/diluted down to .26 and dropping?
They are making money hand over fist....they are making it at the dispensaries, they are making it diluting, shorting, and toxic fins.
The PPS is back down to .26 and who knows where the bottom is going to be.....
the dream is over guys...they won
They can be open on mars. it does n't matter when there is 1 billion shares outstanding and 750 million on the float.
Most of all it means nothing if your diluting every share you can and accepting any toxic financing available for pennies on the dollar. They do not need to be diluting anymore. Its greed
The insiders personally are doing great...they are bringing way over > $250,000 a day and are almost done selling every share...they have 88 million to go.
If anyone should be mad..it should be you..they let you down soooo bad the last 1.5 years lol
It must be hard to have earn your social media pay check for saying constantly-->
" nooo guys your wrong" lol " wait until permits" "wait until NV goes rec " lol
"wait until 3rd qrt 2017" lol "wait till ca goes rec" lol
Your not very good at socila media..if that was your best fight against all of us complaing about the shady expenses, dilution, toxic financing, and hiring of criminals to the board of directors.
pps is .26
I guess everyone is going to ignore the continued dilution and toxic finance recently ..lol
.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.
Really 7 business days is old news lol Stop making excuses man. You people make excuses for everything ...
The pps is .27 in Feb 2018
See boys and girls...they are not locking up shares lol Dereks wife and Nahass own most of whats left out of the 1 billion diluted.
You are all competing with Michael Nahass and Derek Peterson....they sell their shares before the news during the news, and after the news. The will beat you to it every time....because they put out the news...lol
Wow...2018 rinse repeat recycle
They really won't share the wealth....they have to take all the crumbs off the table and any that spilled on the floor.
As if 1 billion shares diluted wasn't enough
The insiders have only 88 million or so share left to sell off. One would think they would consolidate 5 to 1 or 10 to1 and start the enrichment ride all over again.
MAN A 5 TO 1 REVERSE SPLIT WOULD BE PERFECT FOR EVERY LONG TIME SUPPORTER. IT WOULD TAKE THE SHARE COUNT DOWN TO 196 MILLION AND WOULD LEAVE US WITH A LOT OF SHARES LEFT IN OUR POCKET.
THEN THE PPS WOULD FLY UP WITH THE INCREASED REVENUE THAT WILL BE COMING.
THAT WOULD BE A GOOD WAY FOR DEREK TO SAY THANK YOU
You are correct...i do not know what shady trick Derek the criminal Peterson is planing and waiting for.
Its easy consolidate 5 to 1 at first...put out good numbers and news... but noooooo
He is going squeeze every life of blood from the remaining 88 million shares
It would not surprise me if he had people on the side trading this stock up and down
2018 is turning out to be another rinse reset recycle year...while they get filthy rich
Expect the high and low runs all the way up till July. There will be a few cycles. Its easy way to make money.... i mean did anyone really think Canopy Growth was worth $35 a share lol
Well it will never rise to that level again,,because they will keep buying and diluting share holder worth during growth phase
maybe in 18 months
they stole all our money this week. i hope it just crashes and burns at this point. It will never reach those pps heights again
I love that they are open ..thats great for them.....they are getting rich beyond their dreams being legal drug dealers.
While the share holders are bleeding for 4 years, and so far 2018 is turning out to be just like the other years, just rinsed and recycled....
I mean the pps is .28 in Feb 2018 ? after rec sales went live in California?
Come on ....the price per share is .28 lol stop trying to find pom pom news
i know wait till 2020 lol Its always wait for this wait for that
its been 4 years and Feb 2018 the PPS is freaking .28
Before the market cut back ...guess what newbies the pps was .31
SO i hardly think its the market ..lol
pathetic
We have all been duped and robbed of all our gains and share holders worth. The whole sector seems to be working together shorting every stock. This market is so crooked and filthy...makes me sick watching them steal everyones money
No i'm sorry for giving you the impression i was mad at you. I am upset with the performance of this companies CEO.
.29 Price Per Share in FEB 2018 ? Come on now
They are the only ones getting rich...thats why it is called a insider enrichment scheme!!!!
The PPS is freaking .29 stop being delusional
This pos can't even hold a .03 gain lol
Derek Peterson is so greedy that he reset and recycled the whole game again for the 4th year in a row, because HE DAM WELL WILL NOT LEAVE THE LAST 88 MILLION SHARES OUT ON THE TABLE BEFORE
REVERSE SPLITTING AND REISSUING THEMSELVES NEW SHARES.
WHat is everyone in denial? This is following the same cycle all over again
Gee thanks for the advice..... Im sorry the financial truths i complain about hurt your feelings to the point where you have to point out the obvious.
But geee thanks i never thought of that lol