Derek hired the best in the business of insider enrichment companies. He hired the former CEO of NRTI to be his CFO!
If anyone wanted to know why Derek Peterson would hire Michael James former CEO of NRTI as his CFO.
When NRTI fleeced its shareholders out of all their money and diluted the PPS down to .0001
Michael James is currently the CFO of TRTC.
Below is public knowledge..
$TRTC CFO Michael James exposed for blatant fraud with his fake Nulief launch while also CEO of $NRTI. He does a partnership deal w/Derek Peterson and runs $NRTI into the ground and ends up selling all $NRTI assets to $TRTC thru a LLC company that was created 4 weeks prior to selling the assets via this backdoor deal, leaving $NRTI shareholders with absolutely nothing, as he quietly exits back to TRTC without a peep. Then he is handsomely rewarded with tons of TRTC shares as bonus shortly thereafter for his debauchery tactics to quietly steal NRTI's assets out from under shareholders and secretly selling them to TRTC at a huge discount before anyone was aware of it. They buried the whole transaction in a 10K without saying a word. During a Q&A session, Peterson was asked about it, but glazed over it without addressing what actually took place regarding this deal.
NRTI CEO & TRTC CFO, Michael James screwed over every NRTI shareholder with his BLATANT FRAUD behind the Nulief CBD launch, where they never manufactured any real product or ever sold it in any dispensary, despite saying so in Press releases and interviews. Ever since then, he has been selling his TRTC bonus shares, that Derek rewarded him for this great deed to enrich TRTC, at the expense of the NRTI shareholders.
ANYONE dumb enough to invest a single cent into this company that is run by a management team with these kinds of principles, needs to have their heads examined! Right now they are once again selling insider shares by the groves, driving the share price into the ground, without any regard for shareholders! These gutter rats are making millions and millions of dollars every year by screwing over shareholders! The worst part is, despite all the SEC complaints filed, the SEC does nothing! All they reply with is an article explaining the dangers of investing in MJ companies. So in other words, if you are an otc company in the MJ business, as the CEO you are free to launch a FAKE Nulief CBD product and get away with it and steal all the assets away from one mj company and sell them to another one where you also hold a CFO position!
Michael James left a paper trail a mile wide on his blatant fraud, but yet the SEC looks the other way and does nothing to investigate the matter.
Should i even Get into Amy Almsteier ,Michael Nahass, and Salwa Ibrahim ? OR the recent board member they had to fire because of his SEC violations?
They are laughing all the way to the bank.
