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$TRTC Updated DD: S-13, Pre14-A, RS, Paid Promos, Insider Sells, Backdoor Acquisitions
S-13:
$75,000,000 new notes w/ possible limited or no maturity
".....in one or more offerings up to a total aggregate offering price of $75,000,000 on terms to be determined at the time of sale.....maturity, if applicable; "
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11311147
Pre 14-A:
Reverse Split + AS Increase
"To approve an amendment to the Company's Amended Articles of Incorporation to implement one or more Reverse Stock Splits of the Company's common stock at an aggregate ratio of not less than one-for-five and not more than one-for-twenty, within the discretion of the Board of Directors, at any time or from time-to-time prior to July [__], 2017;"
"To approve an amendment to the Company's Amended Articles of Incorporation to increase the authorized number of shares of common stock and preferred stock to 950,000,000 and 50,000,000, respectively"
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11311033
Backdoor Acquisition
Therapeutics Medical LLC
On March 10, 2016, the Company entered into an Asset Purchase Agreement (the "Purchase Agreement") with Therapeutics Medical, LLC (the "Seller"), pursuant to which the Company acquired from the Seller certain assets (the "Assets") related to a business engaged in the research, development, and marketing of nutraceutical supplements. The Purchase Agreement provides that the Company will issue a Convertible Promissory Note (the "Convertible Promissory Note") due September 10, 2017, to the Seller in the principal amount of $1.25 million for the purchase of the Assets. The Convertible Promissory Note accrues interest at the rate of one percent per annum, and is convertible into shares of the Company's common stock at a conversion price equal to 90% of the average of the lowest three (3) volume-weighted average prices of one share of common stock for the five (5) consecutive trading days prior to the conversion date.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11286074
"Michael James, CEO of NRTI & CFO for TRTC, quietly and secretively created this new entity, Therapeutics Medical, LLC, that TRTC is now acquiring through this backdoor deal to get ahold of NRTI's entire CBD program, without involving or fairly compensating NRTI or its shareholders. This scheme was well planned out and they have tried to keep it hidden until it was finalized. "
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=121791990
Insider sells
VANDEVREDE MIKE Director 04/12/2016 Sell direct 100,000 0.3726 1,056,944
VANDEVREDE STEVE Director 04/11/2016 Sell direct 150,000 0.3475 669,444
VANDEVREDE STEVE Director 04/08/2016 Sell direct 92,500 0.3782 819,444
NAHASS MICHAEL Officer 04/07/2016 Sell direct 100,000 0.4040 3,500,796
VANDEVREDE KEN Officer 04/06/2016 Sell direct 25,000 0.3500 522,071
NAHASS MICHAEL Officer 04/06/2016 Sell direct 200,000 0.3690 3,600,796
VANDEVREDE KEN Officer 04/05/2016 Sell direct 25,000 0.3105 547,071
ALMSTEIER AMY Officer 04/04/2016 Sell direct 303,427 0.2953 996,078
NAHASS MICHAEL Director 04/04/2016 Sell direct 400,000 0.3060 3,800,796
VANDEVREDE KEN Officer 04/04/2016 Sell direct 125,000 0.2708 572,071
ALMSTEIER AMY Officer 04/01/2016 Sell direct 274,800 0.2701 1,299,505
Read more: http://www.nasdaq.com/symbol/trtc/insider-trades#ixzz45rauELu1
New Paid Promotions
Disclaimer: "....All companies profiled on this website pay cash, unrestricted stock or restricted stock..."
4/12/2016 TRTC Small Cap Voice
4/10/2016 TRTC Promotion Stock Secrets
http://stockpromoters.com/news-letters.aspx?symbol=TRTC
http://smallcapvoice.com/blog/disclaimer/
Any RS would not make longs happy... unless it were to uplist, but that isn't possible until after next year, so why "vote" for it now?
Of course the RS will pass. Insider preferred shares carry 100 voting power per 1 share. They control more than 51% of the vote. Also there would be no point to vote for RS now if they didn't plan to implement it soon.
One or more RS... What a joke... to uplist to NASDAQ right? Oldest trick in the OTC book... bagholder stock
Insiders selling before the AS increase and RS....
On the heels of a massive move in its stock so far in 2016, Terra Tech (OTC: TRTC) has filed a preliminary proxy and a preliminary prospectus with the SEC this morning. The moves follow the recent closing of the acquisition of California’s Blum Oakland, which is expected to add $9mm to its sales in 2016 based on being part of the company for three quarters. Terra Tech is also opening its first Nevada medical dispensary this month, with others to follow. The company sells IVXX branded products in California and operates Edible Garden, a national brand grown by a Co-Op of local growers of fresh, hydroponic produce.
The preliminary proxy listed 8 purposes, including 7 votes required of its shareholders:
1. To elect eight directors;
2. To ratify the appointment of Tarvaran, Askelson & Company as our independent registered public accounting firm for the fiscal year ending December 31, 2016;
3. To approve the Terra Tech Corp. 2016 Equity Incentive Plan;
4. To approve an amendment to the Company’s Amended Articles of Incorporation to increase the authorized number of shares of common stock and preferred stock to 950,000,000 and 50,000,000, respectively;
5. To approve an amendment to the Company’s Amended Articles of Incorporation to implement one or more Reverse Stock Splits of the Company’s common stock at an aggregate ratio of not less than one-for-five and not more than one-for-twenty, within the discretion of the Board of Directors, at any time or from time-to-time prior to July [__], 2017;
6. To hold a stockholder advisory vote on the compensation of our named executive officers disclosed in this proxy statement under the section titled “Executive Compensation”, including the compensation tables and other narrative executive compensation disclosures therein, required by Item 402 of Securities and Exchange Commission Regulation S-K (a “say-on-pay” vote);
7. To hold an advisory vote on the frequency that stockholder advisory votes to approve the compensation of our named executive officers will be taken (a “say-on-frequency” vote); and
8. To transact such other business as may properly come before the Annual Meeting or any adjournment or postponement thereof.
The date hasn’t yet been set, but the two key issues are to increase the authorized shares and to allow for a potential reverse split. The latter would be part of a potential uplisting to the NASDAQ. The company cited three reasons that it wants to potentially reverse-split the stock:
The Board recommends granting it authority for one or more reverse stock splits for the following reasons:
·The Board believes that a reverse stock split is the most effective means of increasing the per-share market price of our Common Stock in order to satisfy certain quantitative standards for it to become listed on a securities exchange;
·The Board believes that a higher per-share market price of our Common Stock could encourage greater investor interest in us and promote greater liquidity for our stockholders; and
·The Board believes that a reverse stock split is advisable to maintain our financing and capital-raising ability and better position us to continue and/or expand our operations.
The preliminary prospectus, an S-3, would allow the company, once the prospectus is effective with the SEC, to sell up to $75mm in securities. The company last filed an S-3 in 2014 but later withdrew the filing, opting instead for an S-1. The S-3 is a more flexible filing, as it allows the issuer to make offerings without having to continually update the filing for quarterly reports and allows for a wide variety of securities to be potentially issued. The TRTC S-3 lists several classes of potential securities to be issued, including common stock, preferred stock, debt securities, warrants, rights, purchase contracts and units.
It's okay, from the looks of it, many still do not understand the s-3. They will once the AS is maxed and then RS hits...
Insider selling, pending AS increase, RS, paid promos, insider back door acquisitions will definitely change ones opinion... Not very funny how DP plans to wipe out every common shareholder in just a few months.. Kind of embarrassed that I used to support this company...
Agree. Long term outlook looks very grim here. The S-3 filing and 10k paint a very clear picture of what to expect in 2-3 months... massive dilution and RS coming very soon
Also paying Promotion Stock Sectets for their promo/newsletter... paid promotions never end well in OTC land...
New paid promos began 4/10/16. Will probably run for a week or 2 depending on how many shares DP gave them...
Yes, "had" legit companies don't use paid promotions. $TRTC currently has 3 paid promos, including SmallCapVoice recent interview and newsletter promo services.
TRTC has a track record paying for their services. The "interview" is DP trying to sugarcoat the massive upcoming dilution and RS stated in the S-3 filing...
"we put some language in there to give us the ability to effect a reverse split at some point in time. As I've said to our shareholders from day one, our goal and objective is to be listed on an exchange, and to do that we need to meet price parameters or price per share parameters.
And one of the only ways to be able to do that if we can't perform into where we need to be in that short duration is to conduct a reverse split. So, we certainly have no intention to do that into a vacuum, as I've said before, but we do want to have the ability to be able to do that in congruency or in concert with an up listing, and we don't know when that will be.
A lot of it's going to be when the NASDAQ or when some other exchange is ready to take companies like ours, we are certainly making certain that we fit the compliance parameters, the corporate governance parameters, the shareholder's equity which we already have achieved parameters and those types of things. "
Disclaimer: "....All companies profiled on this website pay cash, unrestricted stock or restricted stock to SmallCapVoice as consideration for the electronic dissemination of the company’s information and our comments about the company."
TRTC: SmallCapVoice.com, Inc. received five thousand dollars from the company on 1-18-13 for 30 days of service. On 3-1-13 SmallCapVoice.com, Inc. signed a 180 day agreement for $2500 per month and 100,000 restricted shares subject to Rule 144 of the Securities Act of 1933 for the six month term. On 3/26/13 SmallCapVoice.com received an additional $30,000 from the Company to manage an investor awareness campaign on behalf of TRTC. SmallCapVoice.com, Inc. received cash payment of $14,000 from the Company on 5/29/13 from the Company to manage an investor awareness campaign on behalf of TRTC. On 9-1-13 SmallCapVoice.com, Inc. signed a 180 day agreement for $2500 per month and 200,000 restricted shares subject to Rule 144 of the Securities Act of 1933 for the six month term. On 12-10-13 SmallCapVoice.com, Inc. received an additional cash budget of $10,000 to hire additional groups for awareness campaign. On 4-1-14 SmallCapVoice.com, Inc. signed a one year agreement for150,000 restricted shares subject to Rule 144 of the Securities Act of 1933. On 3-1-15 SmallCapVoice.com, Inc. signed a one year agreement for 150,000 restricted shares subject to Rule 144 of the Securities Act of 1933.
http://smallcapvoice.com/blog/disclaimer/ ;
Disclaimer
IMPORTANT DISCLAIMER PLEASE READ THOROUGHLY
The SmallCapVoice.com, Inc. SC Daily is an electronic publication, and is for informational purposes only. The SCDaily covers both client and non client issuers. Non client issuer’s news is listed under other small cap news. SmallCapVoice is an electronic publication providing information on selected public companies. All companies profiled on this website pay cash, unrestricted stock or restricted stock to SmallCapVoice as consideration for the electronic dissemination of the company’s information and our comments about the company. Section 17(b) of the Securities Act of 1933 requires that SmallCapVoice fully disclose the type consideration (i.e. cash, unrestricted stock, restricted stock, and restricted stock with registration rights, stock options, stock warrants, or other type consideration) and the specific amount of the consideration our company receives or will receive, directly or indirectly, from an issuer, underwriter, or dealer. No information contained in our website, e-mail communications or our publications should be considered as a solicitation to purchase or sell the securities of the profiled companies. SmallCapVoice is not a registered investment advisor or a registered securities broker dealer. We do not undertake or represent to make investment recommendations or to give advice pertaining to the purchase or sale of the securities mentioned in our web site, e-mail communications or publications. The information contained in our website, e-mail communications and publications are carefully compiled by SmallCapVoice from public sources that we believe to be reliable. SmallCapVoice, however, does not guarantee the accuracy of any information contained in our website, e-mail communications or publications. This material is not a substitute for either one’s own thorough investigation of an investment opportunity or the exercise of good business judgment. SmallCapVoice does not endorse, independently verify, or assert the truthfulness or reliability of any statements or data obtained from third party sources that are published by us about the profiled companies in our website articles, e-mail communications or publications, but we do not publish information that we know is incorrect. Investors should not rely solely on the information contained in our website, e-mail communications or publications when making investment decisions. Instead, investors should use the information provided on the profiled companies as a starting point for conducting additional research that will permit them to form their own opinions regarding the appropriateness of an investment in the profiled company’s securities. SmallCapVoice does not warrant, represent or guaranty that there has been no change in the affairs of the profiled company since the date that information was published on this website, in e-mail communications or in our publications regarding a profiled company or after the date of the profiled company’s press releases or other information disseminated via our website or publications. If you become aware of any change of circumstances related to any website article, e-mail communication or publication, please notify us immediately. See the Contact Us page for the appropriate e-mail address. The information contained in our website, e-mail communications and publications pertains to microcap, small cap and/or other thinly traded securities which by their very nature involve an extremely high degree of risk. An investment in these type of securities could result in the loss of some or all of an investment in the company. In addition, due to the illiquid nature of some of these securities, an investor may find encounter difficulties in liquidating the securities.SmallCapVoice may liquidate the unrestricted stock consideration it receives at any time it deems it appropriate to do so. SmallCapVoice may liquidate the restricted stock consideration it receives at any time it deems it appropriate to do so after the required six-month holding period has run after the completion of the services for which SmallCapVoice was paid in stock. The liquidation of our stock may have a negative impact on the securities of the company liquidated, including decreased market value and/or dilution of the company’s securities. The following companies have paid, and/or have agreed to pay SmallCapVoice to: distribute the company’s information and reports on this website, to send e-mail communications; to send publications by mail, to post company Internet links on our website, and to compile and/or to distribute reports in an e-mail newsletter.
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$TRTC last month also paid for a promo through Small Cap Voice
TRTC Announces Year End Earnings Date and Call. SmallCapVoice will... Mar 22, 2016 10:10
Unknown compensation paid for TRTC promotion by UNKNOWN
Max Profit: 0.45 % Gain at close: Pending
http://newsletter.hotstocked.com/promoters/view/Small-Cap-Voice-51 ;
Also you can find their promo on their twitter page...
SmallCapVoice ?@smallcapvoice 13h13 hours ago
$TRTC Signs Partnership to Develop First-Ever Nutritionally-Enhanced Lettuce Varieties
http://bit.ly/23xVZGl@TerraTechCorp #hydroponics
3 newsletters are currently floating around...
4/13/2016 TRTC Small Cap Voice None Listed or Image Compensation
4/12/2016 TRTC Small Cap Voice None Listed or Image Compensation
4/10/2016 TRTC Promotion Stock Secrets None Listed or Image Compensation
http://stockpromoters.com/news-letters.aspx?symbol=TRTC
Find Opportunity Everywhere at E*TRADE.
$TRTC pump and dump with paid promos... sad because this company had so much potential. DP using the oldest tricks in OTC land...
Insider selling, paid promos, AS increase, RS, insider backdoor acquisitions......
$TRTC never released an 8k for the Therapeutics Medical acquisition...
Looks like Therapuetics Medical was recently created to sell a brand MJ (trtc CFO) helped create as CEO of Inergetics.
Therapeutics Medical
On March 10, 2016, the Company entered into an Asset Purchase Agreement (the "Purchase Agreement") with Therapeutics Medical, LLC (the "Seller"), pursuant to which the Company acquired from the Seller certain assets (the "Assets") related to a business engaged in the research, development, and marketing of nutraceutical supplements. The Purchase Agreement provides that the Company will issue a Convertible Promissory Note (the "Convertible Promissory Note") due September 10, 2017, to the Seller in the principal amount of $1.25 million for the purchase of the Assets. The Convertible Promissory Note accrues interest at the rate of one percent per annum, and is convertible into shares of the Company's common stock at a conversion price equal to 90% of the average of the lowest three (3) volume-weighted average prices of one share of common stock for the five (5) consecutive trading days prior to the conversion date.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11316761
The Derek Peterson & Michael James backdoor deal to screw NRTI shareholders!
Michael James, CEO of NRTI & CFO for TRTC, quietly and secretively created this new entity, Therapeutics Medical, LLC, that TRTC is now acquiring through this backdoor deal to get ahold of NRTI's entire CBD program, without involving or fairly compensating NRTI or its shareholders. This scheme was well planned out and they have tried to keep it hidden until it was finalized.
Six months ago Michael James walked away from NRTI after screwing its shareholders with one after another toxic financing deal with the infamous death spiral financier, Joshua Sason. It didn't take long for him to destroy NRTI with all this toxic financing to spend millions to promote Bikini Ready that never produce any meaningful sales. Now NRTI languishes in the $.0001 to $.0002 area.
It looks like James created this new company, Therapeutics Medical, LLC, that specializes in the exact same thing as NRTI, nutraceuticals, the end of September of 2015. You can't find a single thing about the company, other than it is owned by Michael James, by paying a fee.
I mean it would make no sense for Michael James to quietly create this new company while remaining as CEO for NRTI and CFO for TRTC, if he didn't have some kind of plan to make a deal w/TRTC to acquire these CBD brands from NRTI. Now that TRTC has announced what this deal w/Therapeutics Medical, LLC, you can get a good feel as to what James is up to, otherwise it would not make any sense to create this new company and do a deal w/TRTC.
I mean why would TRTC even want to acquire Therapeutics Medical, LLC? They have nothing as far as I can see right now and how odd is it that out of the blue Kras files to register NRTI's two trademarks for their CBD products. Then you take into account that when Michael James took over as CEO, he made it so that he could do whatever he wanted without any shareholder approval needed.
Now I think he may very well try to purchase the entire CBD Initiative, including the Nulief & Levamen trademarks from NRTI, to give Kras new money to throw at his Bikini Ready brand that he is so obsessed with, which could never produce any meaningful sales.
I mean this initial statement of this deal makes it pretty clear that TRTC is going to try and acquire NRTI's CBD Initiative & the brands associated with it.
pursuant to which the Company acquired from the Seller certain assets (the "Assets") related to a business engaged in the research, development, and marketing of nutraceutical supplements.
Nobody knows what assets Therapeutics Medical, LLC would even possess of great value to get TRTC to make this deal if it didn't involve CBD. That is the business TRTC is in and why wouldn't they be making this deal w/NRTI instead of this newly created entity formed by Michael James a few months ago in total secrecy. No I think it is pretty clear what Michael James is going to try to do here and I will do everything in my power to keep him from trying to steal NRTI's CBD research & products, so only he can profit from it and screw all us NRTI shareholders.
Man I wish I knew a good attorney in the New York area that would take on a class action suit and halt this little back door scheme that Michael James is trying to sneak by us. It isn't hard to connect the dots here after digging into all that has transpired recently. We just need to find a way to stop this from happening, because Kras is too stupid to realize that this will destroy NRTI.
This how it will go down:
Michael James as CEO of NRTI will authorize the sale of their entire CBD Initiative, including all research, trademarks , products, patents, etc., to his newly formed company, Therapeutics Medical, LLC. Of course the terms of the sale will not be disclosed as James can buy it for as little as he wishes without the shareholders ever knowing.
Once it is sold Therapeutics Medical LLC, James will quickly begin the process to honor the deal that Peterson offered for his new company that had nothing until he steals CBD away from NRTI.
Just stop and think about this! Here we have our own CEO who has been MIA for the past 6 months quietly authorizing the sale of NRTI's most important asset, their CBD Initiative. Since he doesn't need any shareholder approval he can sell for as low as he wishes to his new company. Once james has successfully obtained NRTI's most valuable asset, their CBD Initiative, he is free to sell to TRTC for a nice hefty profit that only goes into his pocket.
How in the hell can this be legal? I mean Michael James, who made an absolute fool of himself with the ridiculous Martha Stewart deal and his toxic financing, is now turning to the dark side to make his money the dishonest way. Not only that, but after destroying all his shareholders who believed in at one time, he will give them the final death blow by stealing the CBD program from the company, leaving it with almost nothing!
I am open to any and all suggestions of what can be done to prevent this from happening.
I encourage all you TRTC shareholders to send a message to Derek, telling him to do it the right way by going through NRTI and not this underhanded dishonest way that Michael James thought up!
Cheers!
Here is what was found in TRTC most recent 10k filing about purchasing Michael James newly formed company:
Quote:Asset Purchase Agreement :
On March 10, 2016, the Company entered into an Asset Purchase Agreement (the "Purchase Agreement") with Therapeutics Medical, LLC (the "Seller"), pursuant to which the Company acquired from the Seller certain assets (the "Assets") related to a business engaged in the research, development, and marketing of nutraceutical supplements. The Purchase Agreement provides that the Company will issue a Convertible Promissory Note (the "Convertible Promissory Note") due September 10, 2017, to the Seller in the principal amount of $1.25 million for the purchase of the Assets. The Convertible Promissory Note accrues interest at the rate of one percent per annum, and is convertible into shares of the Company's common stock at a conversion price equal to 90% of the average of the lowest three (3) volume-weighted average prices of one share of common stock for the five (5) consecutive trading days prior to the conversion date.
In addition, the Company may be required to issue an additional Convertible Promissory Note to the Seller based on the following calculation:
(i)
if the total revenue ("Total Revenue") generated by the Assets for the period beginning on April 1, 2016 and ending on March 31, 2017 (the "Applicable Period") is greater than $1.6 million but less than $3.2 million, the Company will issue to the Seller an additional Convertible Promissory Note in the principal amount equal to fifty (50%) of the Total Revenue in excess of $1.6 million; or
(ii)
if the Total Revenue generated by the Assets for the Applicable Period is greater than $3.2 million, the Company will issue to the Seller an additional Convertible Promissory Note in the principal amount equal to the sum of: (a) $800,000 (which equals 50% of the Total Revenue in excess of $1.6 million up to $3.2 million), plus (b) twenty five (25%) percent of the Total Revenue for the Applicable Period in excess of $3.2 million.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=121791990
Insiders dumped over 1,750,000 shares so far this month...
VANDEVREDE MIKE Director 04/12/2016 Sell direct 100,000 0.3726 1,056,944
VANDEVREDE STEVE Director 04/11/2016 Sell direct 150,000 0.3475 669,444
VANDEVREDE STEVE Director 04/08/2016 Sell direct 92,500 0.3782 819,444
NAHASS MICHAEL Officer 04/07/2016 Sell direct 100,000 0.4040 3,500,796
VANDEVREDE KEN Officer 04/06/2016 Sell direct 25,000 0.3500 522,071
NAHASS MICHAEL Officer 04/06/2016 Sell direct 200,000 0.3690 3,600,796
VANDEVREDE KEN Officer 04/05/2016 Sell direct 25,000 0.3105 547,071
ALMSTEIER AMY Officer 04/04/2016 Sell direct 303,427 0.2953 996,078
NAHASS MICHAEL Director 04/04/2016 Sell direct 400,000 0.3060 3,800,796
VANDEVREDE KEN Officer 04/04/2016 Sell direct 125,000 0.2708 572,071
ALMSTEIER AMY Officer 04/01/2016 Sell direct 274,800 0.2701 1,299,505
Read more: http://www.nasdaq.com/symbol/trtc/insider-trades#ixzz45rauELu1
$TRTC 3 paid promos, including SmallCapVoice recent interview and promo services.
TRTC has a track record paying for their services. The "interview" is DP trying to sugarcoat the massive upcoming dilution and RS stated in the S-3 filing...
"we put some language in there to give us the ability to effect a reverse split at some point in time. As I've said to our shareholders from day one, our goal and objective is to be listed on an exchange, and to do that we need to meet price parameters or price per share parameters.
And one of the only ways to be able to do that if we can't perform into where we need to be in that short duration is to conduct a reverse split. So, we certainly have no intention to do that into a vacuum, as I've said before, but we do want to have the ability to be able to do that in congruency or in concert with an up listing, and we don't know when that will be.
A lot of it's going to be when the NASDAQ or when some other exchange is ready to take companies like ours, we are certainly making certain that we fit the compliance parameters, the corporate governance parameters, the shareholder's equity which we already have achieved parameters and those types of things. "
Disclaimer: "....All companies profiled on this website pay cash, unrestricted stock or restricted stock to SmallCapVoice as consideration for the electronic dissemination of the company’s information and our comments about the company."
TRTC: SmallCapVoice.com, Inc. received five thousand dollars from the company on 1-18-13 for 30 days of service. On 3-1-13 SmallCapVoice.com, Inc. signed a 180 day agreement for $2500 per month and 100,000 restricted shares subject to Rule 144 of the Securities Act of 1933 for the six month term. On 3/26/13 SmallCapVoice.com received an additional $30,000 from the Company to manage an investor awareness campaign on behalf of TRTC. SmallCapVoice.com, Inc. received cash payment of $14,000 from the Company on 5/29/13 from the Company to manage an investor awareness campaign on behalf of TRTC. On 9-1-13 SmallCapVoice.com, Inc. signed a 180 day agreement for $2500 per month and 200,000 restricted shares subject to Rule 144 of the Securities Act of 1933 for the six month term. On 12-10-13 SmallCapVoice.com, Inc. received an additional cash budget of $10,000 to hire additional groups for awareness campaign. On 4-1-14 SmallCapVoice.com, Inc. signed a one year agreement for150,000 restricted shares subject to Rule 144 of the Securities Act of 1933. On 3-1-15 SmallCapVoice.com, Inc. signed a one year agreement for 150,000 restricted shares subject to Rule 144 of the Securities Act of 1933.
http://smallcapvoice.com/blog/disclaimer/
Disclaimer
IMPORTANT DISCLAIMER PLEASE READ THOROUGHLY
The SmallCapVoice.com, Inc. SC Daily is an electronic publication, and is for informational purposes only. The SCDaily covers both client and non client issuers. Non client issuer’s news is listed under other small cap news. SmallCapVoice is an electronic publication providing information on selected public companies. All companies profiled on this website pay cash, unrestricted stock or restricted stock to SmallCapVoice as consideration for the electronic dissemination of the company’s information and our comments about the company. Section 17(b) of the Securities Act of 1933 requires that SmallCapVoice fully disclose the type consideration (i.e. cash, unrestricted stock, restricted stock, and restricted stock with registration rights, stock options, stock warrants, or other type consideration) and the specific amount of the consideration our company receives or will receive, directly or indirectly, from an issuer, underwriter, or dealer. No information contained in our website, e-mail communications or our publications should be considered as a solicitation to purchase or sell the securities of the profiled companies. SmallCapVoice is not a registered investment advisor or a registered securities broker dealer. We do not undertake or represent to make investment recommendations or to give advice pertaining to the purchase or sale of the securities mentioned in our web site, e-mail communications or publications. The information contained in our website, e-mail communications and publications are carefully compiled by SmallCapVoice from public sources that we believe to be reliable. SmallCapVoice, however, does not guarantee the accuracy of any information contained in our website, e-mail communications or publications. This material is not a substitute for either one’s own thorough investigation of an investment opportunity or the exercise of good business judgment. SmallCapVoice does not endorse, independently verify, or assert the truthfulness or reliability of any statements or data obtained from third party sources that are published by us about the profiled companies in our website articles, e-mail communications or publications, but we do not publish information that we know is incorrect. Investors should not rely solely on the information contained in our website, e-mail communications or publications when making investment decisions. Instead, investors should use the information provided on the profiled companies as a starting point for conducting additional research that will permit them to form their own opinions regarding the appropriateness of an investment in the profiled company’s securities. SmallCapVoice does not warrant, represent or guaranty that there has been no change in the affairs of the profiled company since the date that information was published on this website, in e-mail communications or in our publications regarding a profiled company or after the date of the profiled company’s press releases or other information disseminated via our website or publications. If you become aware of any change of circumstances related to any website article, e-mail communication or publication, please notify us immediately. See the Contact Us page for the appropriate e-mail address. The information contained in our website, e-mail communications and publications pertains to microcap, small cap and/or other thinly traded securities which by their very nature involve an extremely high degree of risk. An investment in these type of securities could result in the loss of some or all of an investment in the company. In addition, due to the illiquid nature of some of these securities, an investor may find encounter difficulties in liquidating the securities.SmallCapVoice may liquidate the unrestricted stock consideration it receives at any time it deems it appropriate to do so. SmallCapVoice may liquidate the restricted stock consideration it receives at any time it deems it appropriate to do so after the required six-month holding period has run after the completion of the services for which SmallCapVoice was paid in stock. The liquidation of our stock may have a negative impact on the securities of the company liquidated, including decreased market value and/or dilution of the company’s securities. The following companies have paid, and/or have agreed to pay SmallCapVoice to: distribute the company’s information and reports on this website, to send e-mail communications; to send publications by mail, to post company Internet links on our website, and to compile and/or to distribute reports in an e-mail newsletter.
We encourage our readers to use caution when investing and educate themselves at the web sites of the Securities and Exchange Commission (“SEC”) at www.sec.gov and/or the National Association of Securities Dealers (“NASD”) at www.nasd.com. We encourage you to study the SEC’s policies regarding online newsletters at http://www.sec.gov/answers/newsltr.htm. We also strongly recommend that you read the SEC advisory to investors concerning Internet Stock Fraud, which can be found at www.sec.gov/consumer/cyberfr.htm. Readers can review all public filings by companies at the SEC’s EDGAR page. The NASD has published information on how to invest carefully at its web site.
$TRTC last month also paid for a promo through Small Cap Voice
TRTC Announces Year End Earnings Date and Call. SmallCapVoice will... Mar 22, 2016 10:10
Unknown compensation paid for TRTC promotion by UNKNOWN
Max Profit: 0.45 % Gain at close: Pending
http://newsletter.hotstocked.com/promoters/view/Small-Cap-Voice-51
Also you can find their promo on their twitter page...
SmallCapVoice ?@smallcapvoice 13h13 hours ago
$TRTC Signs Partnership to Develop First-Ever Nutritionally-Enhanced Lettuce Varieties
http://bit.ly/23xVZGl @TerraTechCorp #hydroponics
3 newsletters are currently floating around...
4/13/2016 TRTC Small Cap Voice None Listed or Image Compensation
4/12/2016 TRTC Small Cap Voice None Listed or Image Compensation
4/10/2016 TRTC Promotion Stock Secrets None Listed or Image Compensation
http://stockpromoters.com/news-letters.aspx?symbol=TRTC
$VAPE looks like a good buy at these levels!
chart
$VAPE Buy! pic.twitter.com/gkIN6etLZW
— NOTE (@Solana_NOTE) April 15, 2016
Insider selling, paid promos, AS increase, RS, insider backdoor acquisitions. But hey ignore all that because DP is going to acquire a few dispensaries...
Therapeutics Medical shady backdoor acquisition
$TRTC never released an 8k for this acquisition... Looks like Therapuetics Medical was recently created to sell a brand MJ (trtc CFO) helped create as CEO of Inergetics.
Therapeutics Medical
On March 10, 2016, the Company entered into an Asset Purchase Agreement (the "Purchase Agreement") with Therapeutics Medical, LLC (the "Seller"), pursuant to which the Company acquired from the Seller certain assets (the "Assets") related to a business engaged in the research, development, and marketing of nutraceutical supplements. The Purchase Agreement provides that the Company will issue a Convertible Promissory Note (the "Convertible Promissory Note") due September 10, 2017, to the Seller in the principal amount of $1.25 million for the purchase of the Assets. The Convertible Promissory Note accrues interest at the rate of one percent per annum, and is convertible into shares of the Company's common stock at a conversion price equal to 90% of the average of the lowest three (3) volume-weighted average prices of one share of common stock for the five (5) consecutive trading days prior to the conversion date.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11316761
The Derek Peterson & Michael James backdoor deal to screw NRTI shareholders!
Michael James, CEO of NRTI & CFO for TRTC, quietly and secretively created this new entity, Therapeutics Medical, LLC, that TRTC is now acquiring through this backdoor deal to get ahold of NRTI's entire CBD program, without involving or fairly compensating NRTI or its shareholders. This scheme was well planned out and they have tried to keep it hidden until it was finalized.
Six months ago Michael James walked away from NRTI after screwing its shareholders with one after another toxic financing deal with the infamous death spiral financier, Joshua Sason. It didn't take long for him to destroy NRTI with all this toxic financing to spend millions to promote Bikini Ready that never produce any meaningful sales. Now NRTI languishes in the $.0001 to $.0002 area.
It looks like James created this new company, Therapeutics Medical, LLC, that specializes in the exact same thing as NRTI, nutraceuticals, the end of September of 2015. You can't find a single thing about the company, other than it is owned by Michael James, by paying a fee.
I mean it would make no sense for Michael James to quietly create this new company while remaining as CEO for NRTI and CFO for TRTC, if he didn't have some kind of plan to make a deal w/TRTC to acquire these CBD brands from NRTI. Now that TRTC has announced what this deal w/Therapeutics Medical, LLC, you can get a good feel as to what James is up to, otherwise it would not make any sense to create this new company and do a deal w/TRTC.
I mean why would TRTC even want to acquire Therapeutics Medical, LLC? They have nothing as far as I can see right now and how odd is it that out of the blue Kras files to register NRTI's two trademarks for their CBD products. Then you take into account that when Michael James took over as CEO, he made it so that he could do whatever he wanted without any shareholder approval needed.
Now I think he may very well try to purchase the entire CBD Initiative, including the Nulief & Levamen trademarks from NRTI, to give Kras new money to throw at his Bikini Ready brand that he is so obsessed with, which could never produce any meaningful sales.
I mean this initial statement of this deal makes it pretty clear that TRTC is going to try and acquire NRTI's CBD Initiative & the brands associated with it.
pursuant to which the Company acquired from the Seller certain assets (the "Assets") related to a business engaged in the research, development, and marketing of nutraceutical supplements.
Nobody knows what assets Therapeutics Medical, LLC would even possess of great value to get TRTC to make this deal if it didn't involve CBD. That is the business TRTC is in and why wouldn't they be making this deal w/NRTI instead of this newly created entity formed by Michael James a few months ago in total secrecy. No I think it is pretty clear what Michael James is going to try to do here and I will do everything in my power to keep him from trying to steal NRTI's CBD research & products, so only he can profit from it and screw all us NRTI shareholders.
Man I wish I knew a good attorney in the New York area that would take on a class action suit and halt this little back door scheme that Michael James is trying to sneak by us. It isn't hard to connect the dots here after digging into all that has transpired recently. We just need to find a way to stop this from happening, because Kras is too stupid to realize that this will destroy NRTI.
This how it will go down:
Michael James as CEO of NRTI will authorize the sale of their entire CBD Initiative, including all research, trademarks , products, patents, etc., to his newly formed company, Therapeutics Medical, LLC. Of course the terms of the sale will not be disclosed as James can buy it for as little as he wishes without the shareholders ever knowing.
Once it is sold Therapeutics Medical LLC, James will quickly begin the process to honor the deal that Peterson offered for his new company that had nothing until he steals CBD away from NRTI.
Just stop and think about this! Here we have our own CEO who has been MIA for the past 6 months quietly authorizing the sale of NRTI's most important asset, their CBD Initiative. Since he doesn't need any shareholder approval he can sell for as low as he wishes to his new company. Once james has successfully obtained NRTI's most valuable asset, their CBD Initiative, he is free to sell to TRTC for a nice hefty profit that only goes into his pocket.
How in the hell can this be legal? I mean Michael James, who made an absolute fool of himself with the ridiculous Martha Stewart deal and his toxic financing, is now turning to the dark side to make his money the dishonest way. Not only that, but after destroying all his shareholders who believed in at one time, he will give them the final death blow by stealing the CBD program from the company, leaving it with almost nothing!
I am open to any and all suggestions of what can be done to prevent this from happening.
I encourage all you TRTC shareholders to send a message to Derek, telling him to do it the right way by going through NRTI and not this underhanded dishonest way that Michael James thought up!
Cheers!
Here is what was found in TRTC most recent 10k filing about purchasing Michael James newly formed company:
Quote:Asset Purchase Agreement :
On March 10, 2016, the Company entered into an Asset Purchase Agreement (the "Purchase Agreement") with Therapeutics Medical, LLC (the "Seller"), pursuant to which the Company acquired from the Seller certain assets (the "Assets") related to a business engaged in the research, development, and marketing of nutraceutical supplements. The Purchase Agreement provides that the Company will issue a Convertible Promissory Note (the "Convertible Promissory Note") due September 10, 2017, to the Seller in the principal amount of $1.25 million for the purchase of the Assets. The Convertible Promissory Note accrues interest at the rate of one percent per annum, and is convertible into shares of the Company's common stock at a conversion price equal to 90% of the average of the lowest three (3) volume-weighted average prices of one share of common stock for the five (5) consecutive trading days prior to the conversion date.
In addition, the Company may be required to issue an additional Convertible Promissory Note to the Seller based on the following calculation:
(i)
if the total revenue ("Total Revenue") generated by the Assets for the period beginning on April 1, 2016 and ending on March 31, 2017 (the "Applicable Period") is greater than $1.6 million but less than $3.2 million, the Company will issue to the Seller an additional Convertible Promissory Note in the principal amount equal to fifty (50%) of the Total Revenue in excess of $1.6 million; or
(ii)
if the Total Revenue generated by the Assets for the Applicable Period is greater than $3.2 million, the Company will issue to the Seller an additional Convertible Promissory Note in the principal amount equal to the sum of: (a) $800,000 (which equals 50% of the Total Revenue in excess of $1.6 million up to $3.2 million), plus (b) twenty five (25%) percent of the Total Revenue for the Applicable Period in excess of $3.2 million.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=121791990
Insiders continue to sell...
Insiders dumped over 1,750,000 shares this month...
VANDEVREDE MIKE Director 04/12/2016 Sell direct 100,000 0.3726 1,056,944
VANDEVREDE STEVE Director 04/11/2016 Sell direct 150,000 0.3475 669,444
VANDEVREDE STEVE Director 04/08/2016 Sell direct 92,500 0.3782 819,444
NAHASS MICHAEL Officer 04/07/2016 Sell direct 100,000 0.4040 3,500,796
VANDEVREDE KEN Officer 04/06/2016 Sell direct 25,000 0.3500 522,071
NAHASS MICHAEL Officer 04/06/2016 Sell direct 200,000 0.3690 3,600,796
VANDEVREDE KEN Officer 04/05/2016 Sell direct 25,000 0.3105 547,071
ALMSTEIER AMY Officer 04/04/2016 Sell direct 303,427 0.2953 996,078
NAHASS MICHAEL Director 04/04/2016 Sell direct 400,000 0.3060 3,800,796
VANDEVREDE KEN Officer 04/04/2016 Sell direct 125,000 0.2708 572,071
ALMSTEIER AMY Officer 04/01/2016 Sell direct 274,800 0.2701 1,299,505
Read more: http://www.nasdaq.com/symbol/trtc/insider-trades#ixzz45rauELu1
$TRTC paid promo includes SmallCapVoice recent interview and promo services. TRTC has a track record paying for their services. The "interview" is DP trying to sugarcoat the massive upcoming dilution and RS stated in the S-3 filing...
"we put some language in there to give us the ability to effect a reverse split at some point in time. As I've said to our shareholders from day one, our goal and objective is to be listed on an exchange, and to do that we need to meet price parameters or price per share parameters.
And one of the only ways to be able to do that if we can't perform into where we need to be in that short duration is to conduct a reverse split. So, we certainly have no intention to do that into a vacuum, as I've said before, but we do want to have the ability to be able to do that in congruency or in concert with an up listing, and we don't know when that will be.
A lot of it's going to be when the NASDAQ or when some other exchange is ready to take companies like ours, we are certainly making certain that we fit the compliance parameters, the corporate governance parameters, the shareholder's equity which we already have achieved parameters and those types of things. "
Disclaimer: "....All companies profiled on this website pay cash, unrestricted stock or restricted stock to SmallCapVoice as consideration for the electronic dissemination of the company’s information and our comments about the company."
TRTC: SmallCapVoice.com, Inc. received five thousand dollars from the company on 1-18-13 for 30 days of service. On 3-1-13 SmallCapVoice.com, Inc. signed a 180 day agreement for $2500 per month and 100,000 restricted shares subject to Rule 144 of the Securities Act of 1933 for the six month term. On 3/26/13 SmallCapVoice.com received an additional $30,000 from the Company to manage an investor awareness campaign on behalf of TRTC. SmallCapVoice.com, Inc. received cash payment of $14,000 from the Company on 5/29/13 from the Company to manage an investor awareness campaign on behalf of TRTC. On 9-1-13 SmallCapVoice.com, Inc. signed a 180 day agreement for $2500 per month and 200,000 restricted shares subject to Rule 144 of the Securities Act of 1933 for the six month term. On 12-10-13 SmallCapVoice.com, Inc. received an additional cash budget of $10,000 to hire additional groups for awareness campaign. On 4-1-14 SmallCapVoice.com, Inc. signed a one year agreement for150,000 restricted shares subject to Rule 144 of the Securities Act of 1933. On 3-1-15 SmallCapVoice.com, Inc. signed a one year agreement for 150,000 restricted shares subject to Rule 144 of the Securities Act of 1933.
http://smallcapvoice.com/blog/disclaimer/
Disclaimer
IMPORTANT DISCLAIMER PLEASE READ THOROUGHLY
The SmallCapVoice.com, Inc. SC Daily is an electronic publication, and is for informational purposes only. The SCDaily covers both client and non client issuers. Non client issuer’s news is listed under other small cap news. SmallCapVoice is an electronic publication providing information on selected public companies. All companies profiled on this website pay cash, unrestricted stock or restricted stock to SmallCapVoice as consideration for the electronic dissemination of the company’s information and our comments about the company. Section 17(b) of the Securities Act of 1933 requires that SmallCapVoice fully disclose the type consideration (i.e. cash, unrestricted stock, restricted stock, and restricted stock with registration rights, stock options, stock warrants, or other type consideration) and the specific amount of the consideration our company receives or will receive, directly or indirectly, from an issuer, underwriter, or dealer. No information contained in our website, e-mail communications or our publications should be considered as a solicitation to purchase or sell the securities of the profiled companies. SmallCapVoice is not a registered investment advisor or a registered securities broker dealer. We do not undertake or represent to make investment recommendations or to give advice pertaining to the purchase or sale of the securities mentioned in our web site, e-mail communications or publications. The information contained in our website, e-mail communications and publications are carefully compiled by SmallCapVoice from public sources that we believe to be reliable. SmallCapVoice, however, does not guarantee the accuracy of any information contained in our website, e-mail communications or publications. This material is not a substitute for either one’s own thorough investigation of an investment opportunity or the exercise of good business judgment. SmallCapVoice does not endorse, independently verify, or assert the truthfulness or reliability of any statements or data obtained from third party sources that are published by us about the profiled companies in our website articles, e-mail communications or publications, but we do not publish information that we know is incorrect. Investors should not rely solely on the information contained in our website, e-mail communications or publications when making investment decisions. Instead, investors should use the information provided on the profiled companies as a starting point for conducting additional research that will permit them to form their own opinions regarding the appropriateness of an investment in the profiled company’s securities. SmallCapVoice does not warrant, represent or guaranty that there has been no change in the affairs of the profiled company since the date that information was published on this website, in e-mail communications or in our publications regarding a profiled company or after the date of the profiled company’s press releases or other information disseminated via our website or publications. If you become aware of any change of circumstances related to any website article, e-mail communication or publication, please notify us immediately. See the Contact Us page for the appropriate e-mail address. The information contained in our website, e-mail communications and publications pertains to microcap, small cap and/or other thinly traded securities which by their very nature involve an extremely high degree of risk. An investment in these type of securities could result in the loss of some or all of an investment in the company. In addition, due to the illiquid nature of some of these securities, an investor may find encounter difficulties in liquidating the securities.SmallCapVoice may liquidate the unrestricted stock consideration it receives at any time it deems it appropriate to do so. SmallCapVoice may liquidate the restricted stock consideration it receives at any time it deems it appropriate to do so after the required six-month holding period has run after the completion of the services for which SmallCapVoice was paid in stock. The liquidation of our stock may have a negative impact on the securities of the company liquidated, including decreased market value and/or dilution of the company’s securities. The following companies have paid, and/or have agreed to pay SmallCapVoice to: distribute the company’s information and reports on this website, to send e-mail communications; to send publications by mail, to post company Internet links on our website, and to compile and/or to distribute reports in an e-mail newsletter.
We encourage our readers to use caution when investing and educate themselves at the web sites of the Securities and Exchange Commission (“SEC”) at www.sec.gov and/or the National Association of Securities Dealers (“NASD”) at www.nasd.com. We encourage you to study the SEC’s policies regarding online newsletters at http://www.sec.gov/answers/newsltr.htm. We also strongly recommend that you read the SEC advisory to investors concerning Internet Stock Fraud, which can be found at www.sec.gov/consumer/cyberfr.htm. Readers can review all public filings by companies at the SEC’s EDGAR page. The NASD has published information on how to invest carefully at its web site.
$TRTC last month also paid for a promo through Small Cap Voice
TRTC Announces Year End Earnings Date and Call. SmallCapVoice will... Mar 22, 2016 10:10
Unknown compensation paid for TRTC promotion by UNKNOWN
Max Profit: 0.45 % Gain at close: Pending
http://newsletter.hotstocked.com/promoters/view/Small-Cap-Voice-51
Also you can find their promo on their twitter page...
SmallCapVoice ?@smallcapvoice 13h13 hours ago
$TRTC Signs Partnership to Develop First-Ever Nutritionally-Enhanced Lettuce Varieties
http://bit.ly/23xVZGl @TerraTechCorp #hydroponics
3 newsletters are currently floating around...
4/13/2016 TRTC Small Cap Voice None Listed or Image Compensation
4/12/2016 TRTC Small Cap Voice None Listed or Image Compensation
4/10/2016 TRTC Promotion Stock Secrets None Listed or Image Compensation
http://stockpromoters.com/news-letters.aspx?symbol=TRTC
I call it a "vote" because the common shareholders vote doesn't matter. Insiders control the vote. Each 1 preferred share they own is equal to 100 common share votes.
Stated in the S-3 filing the RS will become effective any day before July 2017. Could be next month, could be next year...
Will probably been sooner than later, because there would be no other reason to vote for it now. The company hypes up nasdaq uplisting as the reason for the RS, but they do not qualify per any of the listing standards...
Also in the s-3 it states that insiders preferred shares will NOT be split, only the common shares...
Also in the s-3 it states $75,000,000 worth of new notes will be issued this year with the option of NO maturity date...
I posted some pictures of twitter so you don't have to read through 50 pages to find these shady clauses..
$TRTC S3 states preferred shares not split during RS and $75mil worth of new notes may have no restrictions pic.twitter.com/BqdsFLPaCy
— NOTE (@Solana_NOTE) April 14, 2016
Adding here
Take RS off the table, because 'RS to uplist' is BS
Put 1 year restrictions on the $75mil new notes about to be issued, not "mature dates if applicable"
Release an 8k on the Therapeutics Medical. Currently looks like a shady back door with MJ...
Then I'll reinvest. But doubt DP will do that because he worked hard to hide all those clauses in a 50 page filing...
I was wondering why so many insiders were selling, now I know why after reading the s3 and 10k...
Correct, the BLUM acquisition has good restrictions on notes issued. The s-3 filing $75mil is completely different, looks like no mature dates in clause.
In s-3: "maturity, if applicable" on $75mil new notes about to be issued.
That's before reading the disclosures in the s3...
Yep outstanding shares is going to the moooon
420 hype ends soon and then massive dilution begins...
ARCA on the ask again, more insiders dumping? Will see another form 4 within the next few days. I think they have up to 3 days to file...
But no worries, just last minute taxes... right?
I believe one dispensary cannot be within 1000 feet of another. There are about 10 in Vegas
Only thing holding PPS up is 420 Vegas launch hype. Soon after that all the maturing notes will hit the market and DP will issue $75mil new notes with potentially no restrictions as stated in the s-3. On top of the OS doubling, the company will then RS. Not insiders shares, but only yours, that is not normal...
That's why Amy(insider) dumped over 50% of her stake in the company over the last year? She had over 2.5 million, and now only has 990k...
http://www.nasdaq.com/symbol/trtc/insider-trades ;
VANDEVREDE STEVE Director 04/11/2016 Sell direct 150,000 0.3475 669,444
VANDEVREDE STEVE Director 04/08/2016 Sell direct 92,500 0.3782 819,444
NAHASS MICHAEL Officer 04/07/2016 Sell direct 100,000 0.4040 3,500,796
VANDEVREDE KEN Officer 04/06/2016 Sell direct 25,000 0.3500 522,071
NAHASS MICHAEL Officer 04/06/2016 Sell direct 200,000 0.3690 3,600,796
VANDEVREDE KEN Officer 04/05/2016 Sell direct 25,000 0.3105 547,071
ALMSTEIER AMY Officer 04/04/2016 Sell direct 303,427 0.2953 996,078
NAHASS MICHAEL Director 04/04/2016 Sell direct 400,000 0.3060 3,800,796
VANDEVREDE KEN Officer 04/04/2016 Sell direct 125,000 0.2708 572,071
ALMSTEIER AMY Officer 04/01/2016 Sell direct 274,800 0.2701 1,299,505
ALMSTEIER AMY Officer 09/03/2015 Sell direct 100,000 0.1431 1,574,305
ALMSTEIER AMY Officer 08/31/2015 Sell direct 71,000 0.1404 1,674,305
ALMSTEIER AMY Officer 08/28/2015 Sell direct 100,000 0.1378 1,745,405
ALMSTEIER AMY Officer 08/21/2015 Sell direct 299,373 0.1271 1,845,405
ALMSTEIER AMY Officer 08/20/2015 Sell direct 151,300 0.1360 2,144,778
ALMSTEIER AMY Officer 08/19/2015 Sell direct 150,000 0.1200 2,296,078
VANDEVREDE KEN Director 05/19/2015 Sell direct 75,000 0.1800 597,640
VANDEVREDE STEVE Director 05/19/2015 Sell direct 70,000 0.1800 486,944
VANDEVREDE KEN Director 05/18/2015 Sell direct 36,904 0.1835 672,640
DP didn't address any real shareholder concerns in his audio interview...
Why all of the insider selling before the s-3 filing and Vegas opening?
http://www.nasdaq.com/symbol/trtc/insider-trades ;
Why put a RS vote on the table when $TRTC doesn't qualify to uplist for long time?
Why does the RS only split shareholder shares and not insider preferred shares?
"Series B Preferred Stock.....(ii) if we effect a reverse split or combination, no adjustments shall be made;"
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11311147 ;
If you believe this company belongs on NASDAQ, don't you also believe the PPS can reach uplist PPS without a RS?
Where is the 8k for information on Therapeutics Medical acquisition?
"On March 10, 2016, the Company entered into an Asset Purchase Agreement (the "Purchase Agreement") with Therapeutics Medical, LLC"
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11286074 ;
Why even have a shareholder vote when insider's preferred shares carry more than 51% of the vote?
Obviously many didnt read the s-3 or didn't understand it... and only listened to the sugar coated audio interview...
S-3 Paints a very clear picture. The AS is going to be raised and then maxed out within 2-3 months. On top of the outstanding notes, ready to mature in 70 days, an additional 75 million dollars worth of shares will be diluted, per s-3 with possibly no restrictions.
On top of all of that... the company is planning a crooked RS where only free market shares are split, and not insider preferred shares. I have traded many stocks that have RS and haven't seen such a shady filing to date.
All of the future PRs and developments now have the dreadful RS cloud hanging over them now...
I admit Ive only been following $TRTC for just over a month, I originally invested at .1350 and sold at .37. I didn't sell because I plan to re enter at a lower price. I sold because the company released that s-3 filing stating that they plan to "RS to uplist", which is BS and the oldest trick in book... To pour salt in the wound, insiders preferred shares are not affected by the future RS, only the free market shares...
Will the RS happen?... yes. Shareholders have no say in the vote because... "Voting Rights. Each share of our Series B Preferred Stock and Series Z Preferred Stock has voting rights equal to 100 shares of Common Stock".
Will the RS happen soon?... yes. Because why "vote" for it in the first place? If insiders wanted to RS next year, they would vote for it then, not now.
I like the potential of dispensaries, especially because I believe medical and recreational marijuana use will continue to grow. BUT the company is being built at the shareholder's expense. Blum Oakland, 420 Vegas launch, and future acquisitions are not enough counter the massive incoming dilution.
Looking like max AS in just a few months, RS, then max out the AS again in just another few months... Any shareholders prior to the AS increase and RS are going to be wiped out, and will become bagholders. This stock went from being a strong "buy and hold" to just another OTC stock to "flip and flip" after that disgraceful s-3 filing...
$TRTC Fluff PR today to sugarcoat the s-3 and to dump more insider shares...
DP doesn't address any real shareholder concerns in his audio interview...
Why all of the insider selling before the s-3 filing and Vegas opening?
http://www.nasdaq.com/symbol/trtc/insider-trades
Why put a RS vote on the table when $TRTC doesn't qualify to uplist for long time?
Why does the RS only split shareholder shares and not insider preferred shares?
"Series B Preferred Stock.....(ii) if we effect a reverse split or combination, no adjustments shall be made;"
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11311147
If you believe this company belongs on NASDAQ, don't you also believe the PPS can reach uplist PPS without a RS?
Where is the 8k for information on Therapeutics Medical acquisition?
"On March 10, 2016, the Company entered into an Asset Purchase Agreement (the "Purchase Agreement") with Therapeutics Medical, LLC"
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11286074
Why even have a shareholder vote when insider's preferred shares carry more than 51% of the vote?