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Friday, January 27, 2017 12:19:58 AM
https://www.newcannabisventures.com/terra-tech-rescinds-reverse-split-proposal/
"Earlier this week, we shared our concerns about a pending proposal subject to shareholder approval that would have potentially hurt the common shareholders at Terra Tech (OTC: TRTC). This morning, TRTC rescinded “Proposal 5”, which would have allowed the Board of Directors to conduct a reverse-split that would not have applied to the holders of B Preferred Shares, which could have resulted in holders of the B Preferred increasing their ownership stake in the company from the current 27.6% to as much as 88.4%."
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