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Re: Magnum7419 post# 99754

Wednesday, 11/25/2015 12:25:51 PM

Wednesday, November 25, 2015 12:25:51 PM

Post# of 221268
Did you read the disclaimer on Small Cap Voice concerning TRTC?

TRTC: Small Cap Voice received five thousand dollars from the company on 1-18-13 for 30 days of service. On 3-1-13 Small Cap Voice 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 Small Cap Voice 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 Small Cap Voice received an additional cash budget of $10,000 to hire additional groups for awareness campaign. On 4-1-14 Small Cap Voice signed a one year agreement for150,000 restricted shares subject to Rule 144 of the Securities Act of 1933. On 3-1-15 Small Cap Voice signed a one year agreement for 150,000 restricted shares subject to Rule 144 of the Securities Act of 1933.

On most of the penny stock pumping newsletters - the company always uses a 3rd party - in many cases these companies don't exist.

Also from their disclaimer: "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."

You wrote: "I would have thought by now, if TRTC was guilty, the SEC would have done something."

It seems the SEC has the attitude that on the OTCM - it is just knuckleheads screwing over other knuckleheads (and most don't have any juice to cause any problems) - so only the most egregious cases get suspended.

The SEC doesn't have the manpower to enforce every fraudulent claim made in the pumping newsletters.

But most certainly TRTC has engaged in paid promotion to pump their stock.

IG


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