Blum Holdings Inc (BLMH)

[MonestHind]

New article projects potential carnage for TRTC:

Insiders Continue to Sell Stock

Company insiders have sold $950,000 worth of Terra Tech stock during April and this is something that we are monitoring closely.

Although we do not think it looks good when insiders (especially executives) sell stock, most of these insiders have been with the company since the beginning and they do not receive huge salaries. The recent rally created a good opportunity for insiders to bring in capital and we will monitor this trend going forward.

On the Sidelines…For Now

We are currently on the sidelines with TRTC but we are favorable on the company’s recent developments. While we are favorable on the company’s opportunity, we are not completely sold on its ability to be a successful public company because 2015 financial results show a $46 million accumulated deficit.

At the time of this disclosure, TRTC had a working capital deficit of approximately $523,600 and a cash balance of approximately $418,000. The company expects that its existing and available capital resources will be sufficient to satisfy needs through the third quarter of 2016.

Less than a month ago, Terra Tech announced plans to raise up to $75 million through the sale of stock, options, warrants, and other securities. We do not expect to see the company raise even half of the $75 million and we expect this raise to be dilutive to current shareholders.

100% factual. 0% Hype.

Don't get trapped folks.