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General public will have a complete understanding by MOnday and the dress code will be long pants only.... :)
TRTC has a partner stock named NRTI who just announced a deal with Winn Dixie today....... Enjoy the ride.......they can drop off their goods in the same truck as the produce.... :)
Is today the 181 day or not........ http://www.convertunits.com/dates/from/Feb+8,+2014/to/Aug+7,+2014
Today should be 181........ we are fine as frog hair...http://www.convertunits.com/dates/from/Feb+8,+2014/to/Aug+7,+2014
Here is a 2011 Video that shows Edible Garden pots of Tomatoes. Listen to him closely and you will hear him refer to TRTC's NJ location where they are grown...Just look at all the different plants etc labeled EDible Gardens... wow.....
WElcome aboard... can't get much bigger that KROGER :)
Technically TRTC already has publix since they did a deal with SunShine Growers..... who services Publix.....
wow number 3 post............ news today will bring us to triple digits.........and then some shorts to go with my tan.
Terra Tech Corp. announced earnings results for the first quarter ended March 31, 2014. For the quarter, the company’s total revenues generated from the sales of the company's products for the quarter ended March 31, 2014 totaled $560,319, an increase of $494,198 from the quarter ended March 31, 2013, which totaled $66,121. The net result for the quarter ended March 31, 2014 was a loss of 0.03 cents per share compared to a loss of 0.02 cents per share for the quarter ended March 31, 2013. The increase in loss per share was primarily associated with a non-cash loss on the fair market valuation of derivatives associated with the company's financings throughout the quarter. The company finished the quarter with a strong cash position of over $2.9 million. The company announced full year 2014 revenue guidance of $7 million and wanted to provide a quarterly breakdown of those projections to give investors some insight into the seasonality of their business. The company expects the revenue guidance targets for the upcoming quarters. The company expects revenue of $3,500,000 for the second quarter of 2014. The company expects revenue of $1,500,000 for the third quarter of 2014. The company expects revenue of $1,500,000 for the fourth quarter of 2014.
Vaporin, Inc. announced that its entry into the medical cannabis industry through an exclusive distribution agreement with Terra Tech Corp. Vaporin and Terra Tech have entered into an exclusive distribution agreement whereby Terra Tech will purchase the company's proprietary vaporizer products for resale throughout their cannabis dispensary network in California, Colorado, Washington and Oregon. According to the California State Board of Equalization, there are an estimated 500 marijuana clubs/dispensaries in California that generate an estimated $2 billion in revenue annually. Medical Marijuana has been legalized in 22 states. As part of the agreement, Terra Tech has begun to secure purchase commitments from their dispensary network. Additionally, Vaporin and Terra Tech will collaborate on the further development of cannabis and cannabis-related product vending machines in compliance with the Laws of the State of California. In anticipation of entering the cannabis industry, Vaporin has already developed vaporizing pen products for consuming cannabis in oil, wax and dry herb form with each pen varying in look, feel, size, quality and price. The Company anticipates generating revenue from this distribution agreement during the third quarter of 2014.
Las Vegas, June 18, 2014 (GLOBE NEWSWIRE) -- Terra Tech Corp (TRTC) subsidiary, MediFarm LLC, is pleased to announce that it has successfully secured a special use permit in Clark County, Nevada for a medical cannabis cultivation and production facility. On June 17th the Company presented to the Board of Commissioners and successfully secured a special use permit for its proposed Las Vegas facility. The MediFarm team presented to the commission their extensive experience in traditional agriculture as well as medical cannabis cultivation and extraction. The Company received unanimous consent from the commission and will move forward in applying to the State for a business license to operate its cultivation and production facility.
http://finance.yahoo.com/news/terra-tech-subsidiary-medifarm-llc-200100592.html
To put it all together, Terra Tech Corp remains a top pick for me as a diversification play in the hemp, marijuana, hydroponic equipment and hydroponic grow arena. They have arranged many of the key pieces required to build a durable company, and look to be keenly focused on their strategic business plan
http://seekingalpha.com/article/2083193-terra-tech-powers-through-100-million-valuation-on-strategic-initiatives
The ADS offering is 86.00 (20 million shares) so 86.00 is the floor....If you need 79 just wait for the first split.... :)
GWPH to be added to the Russell Global Index Jun 30th >
http://www.russell.com/indexes/americas/tools-resources/reconstitution/additions-deletions.page
I watched the presentation and TRTC answered all the questions quite clearly.........There is no issues except for someone who maybe short...
nice job I really like this statement:
"Institutional investors control 41.92% of the outstanding shares in GWPH. This represents a greater percentage of ownership than at almost any other company in the Pharmaceuticals: Other industry. Additionally, during the quarter ended March 2014, these large investors purchased a net $3.6 million shares."
Let me be the first to respond to the April 9th news.... YEeehaaa
I look forward to more contracts once the world hears about this filtration system for vehicles.....
BAsed on your statement "con man running the show" I am selling my shares...
thanks for the tip I will definitely sell my shares based on your advice.
Good Luck to all longs...
FYI short interest March 14th was 2,409. buy the end of March it grew to 4.7 million.... Who knows what it really is today....
If you place a Good Till Cancel SELL order (at a high price) brokers cant loan your shares to short sellers.... PHOT had 35 million shares shorted when the halted trading.... Hopefully there will be a new group of buyers ready to go tomorrow....
$4,365 profit M D B X Short Stock by timothy s y k e s
Entry comments: Re shorted after the COO quit this morning, this tweet meaning a new expose is coming likely next week; the stock took out 23.80 two-month support, goal is to make $1-3/share, same author who I shorted at 10.60 due to his expose before it dropped to the 6s
Exit comments: Got my $1/share goal, could drop more, but mid-day trades are scary, I only shorted because of that tweet that just came out about a new expose coming
Well said !!
Now it all makes sense..
wow thats a strong statement to make public..... It will certainly have an impact on my future buys and sells of MDBX.... Oh by the way what is your personal knowledge that Vinny "is" a criminal and what crimes are being committed that will result in his arrest.. Thanks for your valuable information. It surely will impact many many investors on whether to buy or sell MDBX.
Sorry for the confusion. Its nice to know there is ten million dollars under contract and yes it depends on legislation and state contracts etc.... but it sends a message that Medbox has been chosen already.... heres some more of that page I neglected to post..
We enter into contracts for establishing operating dispensaries that vary in price based on location, level of services provided and competitive pressures. These contracts vary in price but, for our standard consulting engagement, generally range from $150,000 to $250,000. As an example we have broken down a $150,000 standard contract as follows:
Price
Package Price
$
150,000
Consulting and Legal
$
50,000
Build-out
$
60,000
Medbox System, including optional Medible add-on and POS
$
40,000
During the 36 months ended December 31, 2013, MDS sold 158 Medbox machines, which includes both base machines and the optional refrigerated add-on unit. During that time we also sold 53 POS Systems, which we no longer sell separately.
Wow, I must have misread Item 1 on page 6 and 7 . So your saying that transaction didnt happen??? That will definitely have an impact on the my future dealings with buying and selling MDBX.
Here is a copy of that transaction YOU said never took place..
Bio-Tech Medical Software, Inc.
On February 26, 2013, Medbox entered into (i) an Amended and Restated Stock Purchase Agreement and (ii) an Amended and Restated Technology License Agreement, with Bio-Tech Medical Software, Inc.(“Bio-Tech”), a corporation that, according to information it provided to us, has developed a seed-to-sale tracking software system for biometric cannabis (marijuana) as well as a HIPAA compliant, SAS70 approved biometric e-prescribing technology that can help prevent “doctor shopping.” Pursuant to the Stock Purchase Agreement, we agreed pay Bio-Tech $1.5 million in exchange for 833,333 shares of Bio-Tech’s common stock, with 1/3 of each issuance of common stock and the cash to Bio-Tech to be exchanged at three separate closings. We also agreed to issue to Bio-Tech 700,000 shares of our common once they had two consecutive quarters of profitability after the execution of the Amended Stock Purchase Agreement. At the first closing under the stock purchase agreement on February 26, 2013, we paid Bio-Tech $500,000 in exchange for 277,778 shares of Bio-Tech’s common stock; we paid Bio-Tech an additional $100,000 in June 2013. The next two scheduled closings did not take place. On June 26, 2013, we notified Bio-Tech that we were canceling these agreements with them due to a breach in a provision contained therein, and subsequently entered into negotiations with Bio-Tech to attempt to separate from our proposed business partnerships amicably. Such negotiations were ultimately unsuccessful, and on August 9, 2013, Bio-Tech sued us for breach of the agreements due to Medbox’ refusal to complete the transaction as agreed, and on August 30, 2013 we counter-sued Bio-Tech to enforce our right to cancel the agreements as a result of Bio-Tech’s breac h. On February 27, 2014, the Company signed a settlement agreemet with Bio-Tech, According to the agreement, the Company maintained full license rights on the Bio-Tech technology for the term of five years with no additional monies due from the Company. All stock transfers between the companies were cancelled and recended. See “Item 8. Legal Proceedings” for additional information.
wow , I didnt know that. Your post will definitely have an impact on my future buys and sells for MDBX. Thanks for the info, oh could you post the link ref that allegation of fraud.. I dont want to misundertand your post... are you saying MDBX chose that company cause they do criminal acts ???
This is about the company not one individual, who by the way stepped down recently so as not to be a distraction. I agree he has a checkered past.... but all that has been gone over daily for the past two years and yet the company yearly revenue was 102%....It appears the customers, employees and shareholders have accepted the good with the bad and have moved forward...
I am long in the stock...... what about you???
can you make your reponses related to the company and use the annual report as your basis and the readers would like to know if your long or short on the stock... I am long
Thanks in advance..
12/31/13 we had app. $10 million
in contract commitments
Future looks promising....see page 13 of the annual report..
http://www.otcmarkets.com/financialReportViewer?symbol=MDBX&id=118291
Why doesn't Vince defend himself ?
Catch 22 has occured...... now that Medbox is a full reporting company to the SEC they are not allowed to respond to special segments of the media of any material information that may or may not effect the price of the stock... They can only offer press releases to the MASS ..... and only during those times deemed not quiet periods... Whats a quiet period... well lets say they just got a great contract.... well they have to be quiet and they can't even buy shares till all material information is made public...
I did notice in 2012/2013 he reponded to this thread but has ceased...and for those wondering why he hasn't... its because he or any officers of the company can not..buy SEC requlations..
From sale to seed....
Many investors don't understand the importance of having the correct software ref required tracking of medical marijuana..
One company that stands out is Bio tech medical software. They offer a software that is used in seven states as well as Canada.
On page 8 and 9 of the annual report you will see where MDBX paid 600,000 dollars and now has a five year deal with said company.
Here is a link that talks about the software and even mentions MDBX .....but those comments were early total terms of the agreement were amended as time went on........
http://www.prnewswire.com/news-releases/biotrackthc-opens-denver-office-and-expands-sales-and-support-staff-in-response-to-a-significant-growth-in-interest-in-its-marijuana-seed-to-sale-software-system-203699951.html
Net loss is 556,655 You are right
see page 25 and I agree....but if you look at page 24 you can see that the assets doubled from 3.5 to 6.9 million... then take away the liabilites and the company is left with 5.9 million which is a dramatic increase from 2012 where they only had 699,000 in shareholder equity.
Wheres the criminal intent in the Annual report?
I keep hearing scam company.... please advise page and paragraph as to the scam. I have read the report and on page 23 they show an independent company did an audit for 2012 and 2013....
That company said
"In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of Medbox, Inc. as of December 31, 2013 and 2012, and the results of its operations and its cash flows for the years then ended in conformity with accounting principles generally accepted in the United States of America."
Look forward to your response
Lets talk facts
I would like intelligent conversation concerning the future
of MDBX but I thinks important that the reader knows the motive behind our future conversations.
Thus I have been a shareholder for only two months and my motive is to see the stock price appreciate.
I will base all my conversations off of the annual report that was posted by the company on April 1.... (April fools day) No pun intended.
http://www.otcmarkets.com/financialReportViewer?symbol=MDBX&id=118291
Moderators please message me if I am violating any terms of service and give me a chance to correct them as I only wish to speak in terms of the company actions and not that of any individuals.
This says it all...Go MDBX
Fully explained by the CEO back in March of 2013
Well said Vince...
Now that makes sense.