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For now.
They will be back when the stock dips.
DP is an M&A guy.
I heard him say in one interview the best way for a company to grow quickly is M or A.
He is good at growing things.
:)
Derek was offered an opportunity to build a southern Orange County presence for Wachovia Securities, where he became a 1st Vice President and Branch Manager for their Mission Viejo Location. He was instrumental in growing that office from the ground up, into the $15 million dollar office it is today. After his term at Wachovia, Derek accepted an opportunity for a Senior Vice President position with Morgan Stanley Smith Barney, where he and his team oversaw combined assets of close to $100 Million. In addition, he has also been involved in several public and private equity financings, where he has personally funded several projects from Angel to Mezzanine levels.
Why do you want to know.
What is your point and where are you going with this ?
This means we will be hearing more and more from the likes of LPR, bgrass and maybe even Doc.
And a few more newcomers.
Get ready.
I forgot who said it but they got it right. I think it was Dicky.
We know what we own.
That is what he is saying. But he did us weasel words to cover himself from being painted into a corner.
Thanks for the article.
This is why we are long.
Both companies made strong showings on Oct. 29, 2014, in front of the Las Vegas City Council, winning special use permits for the operations of medical marijuana facilities, pending state approval. Both companies have institutional capital markets funding—TRTC from Dominion Capital, a New York firm, and GBLX from Lazarus Investment partners. Unlike most popularly traded marijuana OTC names, TRTC and GBLX are going to be directly cultivating and selling weed to consumers (at the rate of thousands of people per day) and lawfully reporting the revenue. There are a handful of dispensaries in California that do $20 million to $30 million per year in revenue. If one of these public companies secured a permitted facility that makes that much revenue, it would become a billion dollar company, similar to many public peers in social media, biotech, and other growth industries. - See more at: http://www.thenug.com/galleries/the-race-to-vegas-value-investors-guide-to-the-cannabis-market#sthash.lJABEe59.dpuf
OMG! Poor Nico Enea, Author of this article.
He must be one of the suckers that TRTC is baiting into buying their stock with the PR releases.
How can they do that to him.
Nico,
please start following LPR for the facts. I see you need some guidance with your shallow background.
Experience
Bloom Innovations
Director of Business Development
Bloom Innovations
July 2014 – Present (5 months)Oakland, California
Bloom Innovations, Inc. manages a diverse network of cannabis assets in the form of property, plants, equipment, real estate, intellectual protocols and procedures, pending patents, smokeless products, and marketable securities in publicly traded cannabis companies. In addition, the company provides cannabis operators with ancillary consulting and management services. Bloom’s intellectual property includes trade secrets involving cultivation, production, and infused-product development (edibles and smokeless products). Bloom operates commercial scale, vertical facilities for permitted operators.
Kershner Trading Group
Equity Trader
Kershner Trading Group
September 2013 – June 2014 (10 months)Greater New York City Area
Kershner Trading Group is a leading proprietary trading and technology firm that provides capital and infrastructure to in-house traders who actively trade equity instruments in financial markets on behalf of the firm.
Position Description:
Transact in single stock equities, equity indices, major FX pairs and commodities utilizing ETFs. Perform fundamental research to produce trade ideas and technical analysis to evaluate/manage risk. Gauge potential trends/market corrections via evaluation of global economic data/macro developments. Generate weekly trade reviews highlighting risk management, strategic trade execution, and psychology. Originate and back-test automate trading strategies employing relative volume, volume weighted average price, price slope, moving averages and market breadth indicators to identify short-term risk of market opportunities.
I would sell my stock in a cable company before I would sell my TRTC.
I think most people on this board know what I mean.
:)
I agree, time will tell.
Kinda like playing craps, you are either on the pass line or you're on the don't pass.
I'm on the pass line this time.
I'm usually a don't player.
it's all a gamble.
I have researched both dudes.
I will put (I have put) my money on DP.
Let the courts decide.
I will stand by their ruling whatever it is.
Doc,
I can't wait.
NBC Segment on Dhar Mann Indictment
I will mention it IGLOW.
Just the facts son, just the facts.
After a decade in investment banking, in late 2009, Peterson learned that a friend's marijuana dispensary was clearing $18 million a year, dwarfing Peterson's $300,000 to $400,000 annual salary at Morgan Stanley.
"The place was the size of a Starbucks and had about 900 patients a day," said Peterson, now 38. "I was a finance guy, always analyzing different industries. I started looking at the products and services utilized in this industry, the economics behind it and how I could prosper from a peripheral business."
Peterson launched GrowOp Technology in May 2010 as a side business, selling "plug and play" mobile hydroponic trailers equipped with everything necessary to grow medical marijuana.
Morgan Stanley fired him seven months later for his pot side business -- unfairly, Peterson claims. He said saw many of his colleagues running side businesses.
"Morgan Stanley Smith Barney believes it treated Mr. Peterson fairly and appropriately, including in its application of its well-established policy requiring disclosure and approval of outside business activities," a Morgan Stanley Smith Barney spokeswoman told The Huffington Post.
Highze,
I've spent a little time in East St Louis myself when I was visiting St Lou. Had a good time, cost me a couple of hundred bucks but I had a good time. Lot's of Chicago girls work there.
Not a bad place if you know the ropes.
to quote ZZ top "lot of nice girls down there, how,how,how".
LOL
I did.
Thanks,
Too much wine tonight.
:)
I'm sure DP did the cost/analyst on it before he bought it.
Should not be that hard for you to do the DD on it yourself.
cost is the value of money that has been used up to produce something
analyst, examines the needs and concerns of clients and stakeholders to determine where potential problems and opportunities lie.
Gettoville, New Jersey
That's our boy !
:)
AS DP said in one of his interviews, "I don't want a single or a double, I want a home run". He also said something like, give me a couple of years.
Interesting DP or Reid was not at the hearing. I think they knew it was in the bag.
Or did I miss seeing them ?
I turned it off after the vote.
Nice video LPR.
Is that Norman or his brother on the right ?
One bite of the apple at a time.
YES !!!
who is the dude that needs to button up his shirt ?????
Hope he is not with TRTC
They pulled them up first because the Dude had to catch a plane.
They made the request at the start of the meeting and everyone agree or there were no objections.
No big deal.
Penny flippers taking over for now. Good for TRTC to come back down and close the gap chart wise. Should see upward movement in the last trading hour.
Maybe.
Not too funny when it goes down..
Not LOL.
I thought the same Bull. But he did say "one of" not "THE".
This is worth the read.
Nice find.
Amen
Thanks for the info...
Mr. Community College grad...I mean Mr. Bar Porter... I mean Mr. Bar Tender... I mean "CABLE GUY".
Norman Gates's Overview
Current
Twitter personality at @LaughinPaulRyan
Shareholder at Medical Marijuana Inc.
Past
Triple Play Installer/ Technician at Comcast Cable
Bartender at Tropicana Casino & Resort
Bar porter at Trump Taj Mahal
Education
Atlantic Cape Community College
Absegami High School
Northeast Bartenders
Found this at the bottom of your "let it bleed" post:
DISCLAIMER: I AM LONG AND PRAYING FOR NEW MANAGEMENT
Now this post ?
Are you getting ready for your deposition ?
Is discovery just around the corner ?
let me guess, I was long all the time but I was trying to look out for the "little" people". I'm really a good person, just misunderstood.
Good defense...NOT !
Once again:
I will try to clean the prison stuff up.
The Admin people do not like my dry humor.
Norma,
You are the kinda guy I want to get my Financial guidance from:
What a resume.
From Linkedin.
Norman Gates. New Jersey.
Current
Twitter personality at @LaughinPaulRyan
Shareholder at Medical Marijuana Inc.
Past
Triple Play Installer/ Technician at Comcast Cable
Bartender at Tropicana Casino & Resort
Bar porter at Trump Taj Mahal
Education
Atlantic Cape Community College
Absegami High School
Northeast Bartenders
Norma is such a nice prison name.
Let's see....
what horse in this race do I want to put my money on ?
Current
CEO/ President at Terra Tech Corp (TRTC)
Owner at ThePuffingtonHost.com
President/CEO at GrowOp Technology Ltd.
Past
Senior Vice President at Morgan Stanley Smith Barney
Senior Vice President at Wachovia, A Wells Fargo Company
Partner at Crowell, Weedon & Co.
Education
Pepperdine University, The George L. Graziadio School of Business and Management
Connections
500+ connections
Websites
Company Website
Blog
Company Website
Derek Peterson's Summary
Derek is the CEO and Chairman of Terra Tech Corp (TRTC) a publicly traded urban agricultural company focused on food production and medical marijuana. He began the company in 2010 as a private startup taking the company public in early 2011. He began his career in finance with Crowell, Weedon & Co, the largest independent broker- dealer on the West Coast. In his 6 years there, Derek became a partner and Branch supervisor where he was responsible for sales of over $10 Million. Derek was offered an opportunity to build a southern Orange County presence for Wachovia Securities, where he became a 1st Vice President and Branch Manager for their Mission Viejo Location. He was instrumental in growing that office from the ground up, into the $15 million dollar office it is today. After his term at Wachovia, Derek accepted an opportunity for a Senior Vice President position with Morgan Stanley Smith Barney, where he and his team oversaw combined assets of close to $100 Million. In addition, he has also been involved in several public and private equity financings, where he has personally funded several projects from Angel to Mezzanine levels. Derek is a CFP® Professional and holds his Series 7, General Securities Sales Supervisor Series 9 and 10, National Commodity Futures Series 3, Series 65 and California Insurance License. Derek holds a degree in Business Management from Pepperdine University.
Current
Twitter personality at @LaughinPaulRyan
Shareholder at Medical Marijuana Inc.
Past
Triple Play Installer/ Technician at Comcast Cable
Bartender at Tropicana Casino & Resort
Bar porter at Trump Taj Mahal
Education
Atlantic Cape Community College
Absegami High School
Northeast Bartenders
Think about it.
Sound like anybody (company) we know ?
:)
http://mmjbusinessdaily.com/guest-column-5-types-of-cannabis-companies-that-are-most-likely-to-get-investment-money/
It is going to be a big week.
http://finance.yahoo.com/news/vaporin-announces-sequential-revenue-growth-113000807.html
:)
CNBC just did a piece on cannabis tech. The co-founder of ZYNGA was on talking about opportunities. He said there were opportunities everywhere but he was interested in the infrastructure . TRTC moved up .018 to .49 during the interview.
Most "Big Institutions" have in their charters that they can not purchase a stock under 5 bucks. Once it gets to $5 some will come in.
A good example is PEIX. They were a penny stock and only the penny flippers were trading it . They did a couple of reverse splits just for this reason. Look at the chart, once they were over $5 the big boys came in and it went straight to 15 bucks.
I think TRTC will do the same once it gets to 5.
most funds are prohibited in their charter from buying stocks under 5 dollars.That is the reason there are no Institutional investors holding TRTC.