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Waiting.... And waiting... And waiting.
They should get to picking up the phone and calling someone who can install one.
SSC
So much for resolution in 3-4 weeks, eh?
SSC
There are clauses that relate specifically to publicly traded companies. Definitely good news seeing something from him on that.
SSC
To be fair, it says "total" consideration - not just the property value, or deed amount.
However, not explaining this to shareholders seems insane.
SSC
There is no explanation because it was all a pump. They just need to wait for the next hot new thing to hit the market so they can PR about jumping on that bandwagon as well - and then not follow through, again.
SSC
Posts have little to do with the company succeeding or not. If you want the vibe to change, the company is going to need to take steps to change that. Right now, there is a rhyme for the reason. Perhaps your posts and updates could change that, but IMO, the company needs to update shareholders properly, not you.
JMO,
SSC
No. No new activity.
SSC
The facts are that they mentioned the product in EVERY PR until the "release". Shortly after it was removed from every PR. Also, how are they still working on a product that's supposedly already released? Do you mean working on distribution? It wasn't even distributed to the single dispensary that they claimed it was carried in.
SSC
I'd certainly like to hear an explanation from an officer. Unfortunately, they, nor KSCA will answer any of my questions.
SSC
I don't understand how or why NRTI nor TRTC will respond to questions about Nulief. All those medical board advisory PRs and the product disappeared without and NRTI won't respond. This is just crazy that this thing isn't no bid yet. BK COMING.
SSC
I remember that press release. I went to BLUM the NEXT DAY. It was not in stock. It still is not in stock.
Also, OMessenstials never had a PR and was never mentioned with TRTC - therefore TRTC had nothing to do with this product. However - we did see press release after press release about advisory board additions for the NULEIF collaboration with TRTC. Yet - no follow up or answers from TRTC about ANY of this. No answers from NRTI either.
MORE PUMP FOR THE DUMP!
SSC
I never claimed that there were better opportunities - I've only helped point out the missteps taken by management here. They're still getting paid - and unless you're a trader, and not an investor, chances are that your investment paid their salary. What did you get out of that from the past two years? Anything other than "give us two more inches."... Two more... Two more. Just wait... Keep waiting. Next week. Week after. Keep waiting.
SSC
I'll be checking those.
SSC
You're right, DP loves those buzz words. Sustainable. Long term. Strategy. Meh.
Insider operation IMO.
SSC
OUCH.
What? They paid an insane amount of money to build from the ground up when they could have paid much less for a suitable building that already existed. More missteps and wasted money IMO.
SSC
In the public Edgar filings.
SSC
What fins? They're months late and questionable whether they will ever come. Now they can remain a non-reporting pink and they don't have to pay $10,000 for QB status. Win-win for them.
JMO,
SSC
Wouldn't affect the stocks PPS whatsoever. AGAIN, that's not how this works. Those expansions cost more than they make, and we already know this.
SSC
IVXX branding on Instagram is confusing and indirect.
@IVXX_Elevate
@Socal_IVXX
@IVXX.Plug
Why so many accounts? This is silly and confusing to the consumer. Also, why does the "official" page have less followers than the unofficial? Also, why follow 7,000 people? This makes it look like a typical Spam-stagram. Follow the dispensaries you distribute to and the people behind IVXX.
SSC
Really? The interweb articles seem to indicate otherwise:
"They told us every element associated with Mr. Kaufman was done under FBI supervision," Engelbart said. According to Engelbart, the FBI also said that Kaufman had no culpability in Rush's indictment
All valid, but still not a big deal, seeing as the city originally wanted zero.
SSC
"Yet despite the negative press coverage, BLUM's application may not be impacted by the indictment. According to Engelbart, the FBI contacted the city shortly after news of Rush's indictment broke, wanting to talk about BLUM Oakland operator Kaufman's involvement in the case. "They told us every element associated with Mr. Kaufman was done under FBI supervision," Engelbart said. According to Engelbart, the FBI also said that Kaufman had no culpability in Rush's indictment, and that the legal case shouldn't impact the city's decision regarding BLUM Oakland's bid for the lone medical cannabis permit."
Still no response to my KSCA email. Still no call back. Below is the email sent:
"Hello,
I'm an investor in TRTC and have quite a few questions that I hope that you can help answer. I'd love be a larger part of TRTC, but cant wrap my head around the following questions:
1.) Why is TRTC retaining Thomas Puzzo as their lawyer? This man is associated with many past and present pump and dump schemes. Doesn't this make TRTC look like another one of his schemes?
2.) Michael James is on the board of directors part time for CFO for TRTC, while being a part time CEO for NRTI. How is this fair to TRTC? Also on this subject, Michael James has been given $500,000 bonuses time and time again without explaining to shareholders why.. This partnership is seriously affecting the investment community's outlook on TRTC.
3.) James' company has repeatedly PR'd about a partnership with NRTI for a product called Nuleif. Nuleif was PR'd by James company saying that it's available in Derek Peterson's private dispensary "Blum" in Oakland. I've stopped by the store and seen no such evidence, even the day of the PR. Since then, no one at the store seems to know what the product is, or even if it exists. Was this all a scam? Slight of hand?
4.) What happened to GrowMASS? We had funding in place to expand that, and it just disappeared into thin air.
5.) Does GrowOp make any revenue at all? Why is it still a part of TRTC if not? I see EG reports, IVXX reports, but nothing coming from selling lights and equipment via GrowOp. Is this still a part of the company?
6.) New buildout progress - We've had eyes on the ground that continue to say that construction hasn't budged on TRTC's Western Ave Dispensary location in Las Vegas. We were told we would get many updates about this, yet we haven't heard a word. Is this still happening? Whats the hold up?
7.) How is TRTC going to get around the 3 year residency requirement for all officers, when the VV family and other officers of TRTC are not CA residents, as well as IVXX being a Nevada LLC. Will AB266 affect TRTC negatively because of these requirements?
8.) Why is TRTC continuing to buy product from Blum, to repackage, and sell back to Blum and others? This seems like a way to make DP and employees large amounts of revenue through their private entity. The Shareholders don't seem to benefit here at all. How much are we paying BLUM for product? It seems a bit out of line with the interests of the shareholders here.
9.) What happened to the NB plants acquisition? We were told time and time again that it was coming, and would help EG become MUCH MUCH MUCH more profitable. Why hasnt this happened, and why haven't we received an update about it? Is this still happening?
Thank you for your time,
XXXXXXX"
SSC
They have promoted stocks in the 00's before - that in itself is telling.
SSC
No, that is none of their business and his little to do with the purpose of an IR department. If they're being biased and returning calls based on share count, that is truly bad, bad news. Think about it. Returning only calls to people that already believe in the company, and none to the ones they're trying to sell shares to? HUH???
SSC
Slightly worried about hiring KSCA after seeing how it worked out for FAR#....
SSC
Funny, I called them three times today, and three different numbers. Got a voicemail every time. Still waiting for a reply to my email.
SSC
I do understand.
SSC
Sent them a lengthy email. I'll let everyone know if I get a response. I'll also try calling again - but it seems like they don't answer phones there.
SSC
I gave them a call and got a voicemail. I'll try again later today. I'd write an email, but I can tell much more if someone is being honest or not through a phone call.
I'm not near my computer - is BMAK on the ask? Are they diluting into an IR press release?! That would be too ironic and funny...
SSC
According to the press release the company is doing IR for us, not PR. Although that too, needs help. But I'll certainly call them when I have time, if someone doesn't beat me to it.
SSC
Things to ask KSCA:
-Thomas Puzzo - WHY?
-Michael James - WHY?
-bonuses - WHY?
-growmass - WHERE?
-GrowOp revenue - WHERE?
-NRTI partnership - WHERE/WHY?
-new buildout - PROGRESS?
-Residency and other requirements per AB266 - HOW?
-TRTC making DP and Salwa rich through their private BLUM dispensary selling IVXX cannabis - WHY and HOW MUCH?
-NB Plants acquisition has disappeared into a void again - WHY? WHERE?!
There are more. I'll think of them.
SSC
KSCA is great, and has some solid names on its client list. They did IR for Sodastream, which is one I'm sure many here have heard of.
SSC
LOL! What a PR.......
News:
https://finance.yahoo.com/news/terra-tech-retains-kcsa-strategic-123000107.html
NEWPORT BEACH, Calif., Sept. 14, 2015 /PRNewswire/ -- Terra Tech Corp (TRTC) ("Terra Tech") or (the "Company"), a leading provider of sustainable renewable solutions for food production, indoor cultivation, and agricultural research and development, today announced that it has retained KCSA Strategic Communications (KCSA) to lead the Company's investor relations program.
KCSA, a leading New York-based communications firm, will develop and implement an investor relations program that effectively communicates the near- and long-term strategy for Terra Tech's growth. Since its inception over forty years ago, KCSA has developed a strong reputation for achieving fair valuations for its public clients. Todd Fromer, Managing Partner of KCSA, will lead KCSA's efforts and provide high-level, strategic counsel.
"In recent quarters, we've been aggressively focusing on growing our topline revenue, improving our bottom line operational efficiencies, and generating positive cash flow," said Derek Peterson CEO of Terra Tech. "As we ramp up our expansion strategy and continue to execute on our growth initiatives, now is the right time to bring KCSA on board to help us accomplish our business objectives."
"The large and fast-growing marijuana industry is still in its infancy, but Terra Tech is well-positioned to take the market by storm," said Todd Fromer, Managing Partner of KCSA. "In surveying the market, there is significant investment interest in the cannabis industry, and we're confident we can utilize our capital markets expertise to help increase the visibility of Terra Tech among analysts, investors and other key stakeholders."
And those positions filled with people of stature. Remember, although there is corruption due to the age old stigmas and cartels built into the plant, people love this plant. Unlike tobacco or alcohol which hurts a human, this plant heals. I think the folks that love the plant will rant and rave until the people representing them are as kind as the plant itself.
JMO,
SSC
Ps) I'm well aware that corruption will stand in the way of this vision - but one can hope that one day, good will prevail.
It doesn't take a genius to see that BMAK is on level 2 after every PR, and typically disappears in long moments of silence. If it walks, if it talks...
JMO
SSC
http://www.theotc.today/2013/08/a-closer-look-at-awesome-penny-stocks.html?m=1
This article explains that BMAK is closely associated with toxic financiers such as Magna, fair hills capital, etc.
I assume BMAK shares came from magna. One could only assume that money is needed for the buildouts, and operations, and are currently selling share through their lines of credit. This coupled with the recent PR's are obvious pumps to sell equity, IMO.
Not sure on Q4, but I'm sure you can easily look it up on Edgar filings.
SSC