Georgi Kamburov

Terra Tech Corp (OTCMKTS:TRTC) Surges Up The Chart

by Georgi Kamburov July 29, 2015

At the start of November 2014 the stock of Terra Tech Corp (OTCMKTS:TRTC, TRTC message board) spiked above 50 cents per share. Since then, however, the ticker has been sliding lower and lower down the chart incurring massive losses. In fact, just a little over a week ago, on July 21, TRTC dropped to $0.0795, price that is near the all-time lows registered by the company.

After hitting such record lows the stock managed to bounce and for the last five sessions it has reclaimed some of the ground it lost. During yesterday’s trading TRTC enjoyed one of their best sessions in a while gaining nearly 29% and closing at $0.143. Is the positive momentum going to last though?

Compared to most of the other pennystock ventures and especially the ones operating in the medical cannabis industry TRTC seems to be a step ahead. The company is generating respectable revenues that were significantly boosted through their IVXX subsidiary that produces medical cannabis extracted products. The majority of the latest PRs issued by TRTC have been announcing more and more retail locations offering IVXX’s products – on July 21 4 locations were added while yesterday 5 more were announced.

Unfortunately the rest of Terra Tech’s financials remain quite disappointing. The company finished the first quarter of 2015 with:

• $274 thousand cash
• $1.56 million total current assets
• $5.46 million total current liabilities
• $763 thousand total revenues
• $2.1 million net loss

Not only is TRTC still far away from becoming a profitable entity but it also has a massive working capital deficit of $3.9 million and an accumulated deficit of $38.8 million.

In order to fund its operations the company has been relying primarily on external sources of capital and as a result quite more shares are being sold. On June 10 through a private placement TRTC raised over $2 million by selling 14,946,119 units. Each unit was priced at $0.1375 and consisted of one common share and one warrant for the purchase of 1 share with a exercise price of $0.20625. Investors should also note that the last wave of Form 4s filed on July 25 revealed that the directors and officers of the company have received a significant amount of shares as bonuses.

With the reach of the IVXX subsidiary being constantly expanded and the first MediFarm medical cannabis dispensary in Las Vegas expected to become operational in early October investors could once again get excited about TRTC. However, the red flags around the company should not be underestimated and any trades should be preceded by doing your own due diligence. 

Comments 59

1. Guest
June 14, 2016, 09:36AM

Quotes TRTC Alarm Publication !
finance.yahoo.com/mbview/threadview/?&bn=3bb46978-5f76-3b85-924a-f0a360f9c126&tid=1465877139356-b373ac61-6cde-4949-8cac-9fba2440476c&tls=la%2Cd%2C18%2C3

2. Guest
June 01, 2016, 10:19AM

Quotes The Barnhill IVXX Trademark Infringement Lawsuit In Preparation Now!
Another about $ 50- 100 Millions for TRTC Derek & Co to pay for.

3. Guest
May 29, 2016, 12:01AM

Quotes Insider Trading from Jan. to beginning May 2016 by 18 Form 4 Filings $ 2.9 Mn before
informing Mid of May 2016 about the Big Recall of MJ IVXX Products and the Preferred
B & Z Shares matter at Multiple RS Not Spliting for Executives Enrichment to take the
Company by 90% from Investors. See SEC Schedule 14 Filing of April at Page 39 !

4. Guest
May 22, 2016, 12:24PM

Quotes Class Action Lawsuits
Levi & Korsinsky, LLP
Email: jlevi@zlk.com
Telephone (212) 363-7500, toll-free: (877) 363-5972

5. Guest
May 21, 2016, 10:46AM

Quotes TRTC Insider Trading & Lawsuits or SEC Complaints !

Here To File SEC Complaint Against TRTC !
First Copy “ https:// “ and then insert “ denebleo.sec.gov/TCRExternal/disclaimer.xhtml “
And Claim any Losses for Compensation.

Further Infos About TRTC !
finance.yahoo.com/mbview/threadview/;_ylt=AiQ0_OcBZJ8muSf7QybyqnPeAohG;_ylu=X3oDMTB2cjZ1YzF1BHBvcwMzNwRzZWMDTWVkaWFNc2dCb2FyZHNYSFJVbHQ-;_ylg=X3oDMTBhYWM1a2sxBGxhbmcDZW4tVVM-;_ylv=3?&bn=3bb46978-5f76-3b85-924a-f0a360f9c126&tid=1462770509406-d11f86b0-b6a6-458a-bc50-7d25a625acc7

.

6. Guest
March 10, 2016, 07:11AM

Quotes TRTC BlumOak Deal Scam !!
See Here : de.advfn.com/forum/advfn/17106380
.

7. Guest
March 08, 2016, 08:17AM

Quotes There are so many Anson Pump Liars on the Board.
Funny how Many just refuse the Reality instead.

8. Guest
March 06, 2016, 01:01AM

Quotes TRTC = Scam !

See Here : de.advfn.com/forum/advfn/17091984

Happy TRTC Investing ?

9. Guest
November 06, 2015, 07:09PM

Quotes Norm , do it for Day-von-tay..
.
Nobilis Sues Anson Funds and Anson Analyst Sunny Puri for $300 Million
HOUSTON, TX, Nov 05, 2015 (Marketwired via COMTEX) -- Nobilis Health Corp. (nyse mkt:HLTH) (NHC) ("Nobilis" or the "Company") announced today that it has filed suit in the Ontario Superior Court of Justice against Sunny Puri, Anson Canada, Anson LP, Anson Capital, Anson Investment Fund, and Anson Catalyst Fund, along with John Does 1 through 20. The claim alleges that these individuals perpetrated a scheme to damage Nobilis' reputation and business relationships in order to profit through short-selling of Nobilis stock. Nobilis is seeking monetary damages in excess of $300,000,000 along with punitive damages. Nobilis expects to add more Anson affiliates and other participants in the scheme as defendants

10. Guest
November 05, 2015, 10:43PM

Quotes Norman, please contact TRTC and offer to give up the goods on Anson Funds.
Nobilis Sues Anson Funds and Anson Analyst Sunny Puri for $300 Million
HOUSTON, TX, Nov 05, 2015 (Marketwired via COMTEX) -- Nobilis Health Corp. (nyse mkt:HLTH) (NHC) ("Nobilis" or the "Company") announced today that it has filed suit in the Ontario Superior Court of Justice against Sunny Puri, Anson Canada, Anson LP, Anson Capital, Anson Investment Fund, and Anson Catalyst Fund, along with John Does 1 through 20. The claim alleges that these individuals perpetrated a scheme to damage Nobilis' reputation and business relationships in order to profit through short-selling of Nobilis stock. Nobilis is seeking monetary damages in excess of $300,000,000 along with punitive damages. Nobilis expects to add more Anson affiliates and other participants in the scheme as defendants

11. Guest
November 03, 2015, 03:42PM

Quotes TRTC printing at 0.1280 up+.02 (+18.52%) - Anson spooked yet?

12. Guest
September 28, 2015, 03:34PM

Quotes RECESSION PROOF is TRTC

13. Guest
September 11, 2015, 12:47PM

Quotes Great job DP!!!
tIt looks like the NY licensing process is going to be in the hands of the lawyers. Great job recognizing what appears to be inevitable - long delays in the licensing process - and saving your shareholders from another long drawn out process. imo we should wait 'till the smoke clears and partner with a winner.

NY WILL WANT IVXX, NY DESERVES IVXX.

14. Guest
August 25, 2015, 11:53AM

Quotes Derek‘s CEO Hidden Private Profit Nevada Companies !!

See Here : de.advfn.com/forum/advfn/16563331
.

15. Guest
August 24, 2015, 08:57AM

Quotes NY did also know about and resulted to No MJ Licenses.

16. Guest
August 23, 2015, 11:17AM

Quotes What If There Is No NV MJ License At Sept. 2nd ??

Its a good possibility after all !

( D. Rush matter by Attempted Collusion, but Dirty Money Laundering.
Derek, Amy, Nahass, M. James, Kaufman Records. As known Oakland-
and Nevada- Govs knows all about !! )
.

17. Guest
August 22, 2015, 11:30AM

Quotes Amy Once More Sold TRTC Stocks !!

See Here : sec.gov/Archives/edgar/data/1451512/000147793215005537/xslF345X03/form4.xml
.

18. Guest
August 21, 2015, 12:55PM

Quotes Oh, got 7 more CA IVXX Dispensaries for No TRTC Profit but Expenses - LOL

19. Guest
August 20, 2015, 09:12PM

Quotes At TRTC SEC-10Q Losses Everywhere !!

See SEC 10-Q Link Pages 4 and 22 !
sec.gov/Archives/edgar/data/1451512/000147793215005017/trtc_10q.htm

Edible Garden Corp. - $ 291,041 Losses
Increased Sales & Administration Costs By Cooking Books $ 462,734
Its all handled by NB Plants Peoples, but Not TRTC or EG !
You have to add this to the Production Costs and get Gross Losses !!

IVXX LLC - $ 234,714 Losses
Increased Sales & Administration Costs By Cooking Books $ 329,845
Its all handled by BlumOak with Profits and IVXX LLC For Losses, but
only at Losses With TRTC Related To Pay !

Loss From Operation $ 3,099,232 ! Have No Money To Pay !!

Net- Loss $ 2,756,576

Deficit Increased ! Up To $ 42 Millions !!
2015 Deficit to $ 50 Millions Get Achieved !

At SEC 10-Q Page 13 the Reverse Merger where Derek with
$ 35 Cash and Goodwill Did Steal $ 4,799,965 from TRTC !

All this also for TRTC Investors To Pay By Further Stock Dilutions ! !

Happy TRTC Investing ? ? ?

.

20. Guest
August 20, 2015, 09:03PM

Quotes TRTC Investors Need To Expect CA, NY, NJ, NV, FL, Etc. = ZERO MJ Licenses !!

Became to know NV already knows about
the FBI activity and special arrangements.

Means what‘s remaining would be just the Fraudulent Faked None-Profit
Edible Garden Corp. with its Leased 5-Acre Greenhouse and if the BLUM
Oakland CA MJ License get revoked „hasta la vista“ IVXX with Derek‘s
Private Profit, Etc. !! !! !!

That’s A Good One By The Known Crookys Peterson & Kaufman !!
See Here : de.advfn.com/forum/advfn/16550307
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