Todor Pichurov

Terra Tech Corp (OTCMKTS:TRTC) Down 25% Since Quarterly

by Todor Pichurov November 23, 2015

Even though Terra Tech Corp (OTCMKTS:TRTC, TRTC message board) published a rather optimistic press release to go alongside the company's Q3 report, the market does not seem too enthusiastic about the stock. TRTC closed 10% down on Friday, marking a cumulative 25% drop since the quarterly report was put online.

Terra Tech have been going through some good times and some bad times in 2015, with a gradual shift from discounted convertible debt to more favorable sources of funds. IVXX – the company's own premium cannabis product line – has also been expanding its market presence at an increasing pace, being carried by nearly 200 retail locations as of mid-November. The latest report also boasted significant YoY increases in both revenues and gross margin.

Despite all this, TRTC's year-to-date chart is not the prettiest sight in the world. This is in part due to the fact that for the better part of 2014 the stock's volumes and price movement were primarily hype-driven, as the year of pot rocked the OTC. There's also the matter with the company's big long-team goal – TRTC's own dispensaries, cultivation and production facilities in the state of Nevada.

The early promise of those facilities during the Oct-Nov 2014 Clark County medical marijuana facility selection process sent TRTC to highs of over $0.50 per share. The multiple delays that the initial opening schedule for the facilities ran into were definitely another hurdle for the share price.

Here is the balance sheet contained in TRTC's latest quarterly:

  • $1.3 million in cash
  • $3.2 million in current liabilities
  • $2.0 million in Q3 revenues
  • $1.9 million in Q3 net loss

If people expected TRTC would suddenly turn into a profitable entity overnight just because of all the IVXX network expansion PR, it's understandable that they will be disappointed with this sort of performance. TRTC still has a way to go before it opens the first of many anticipated marijuana locations in Nevada. The first dispensary is expected to open its doors within Q1 of 2016, provided there are no further delays, which the company can hardly afford without a blow to its reputation.

Comments 87

1. Guest
June 14, 2016, 09:37AM

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, 10:22AM

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 28, 2016, 11:59PM

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, 07:37PM

Quotes Insider trading on material event.

Insiders dumped shares before quarter one report. Insiders knew that IVXX was voluntarily recalled by TRTC, and sold shares knowing revenue would be down.

Investors thought IVXX was bringing in revenue from over 200 dispensaries before quarter one and were buying shares.

Insider trading like this is highly illegal.

5. Guest
May 22, 2016, 07:22PM

Quotes www.terratechcorp.com/contact


TRTC INVESTOR RELATIONS, KCSA, Phil Carlson
Phone: 212-682-6300
email TRTC@kcsa.com

6. 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

7. Guest
May 21, 2016, 10:51AM

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

.

8. Guest
May 19, 2016, 06:03PM

Quotes Alex Klym = MonestHind = KindFinance = @orion_arm.

Doc K = Jerold Kaminsky.

LaughinPaulRyan = Norman Gates

*********Lot's of details in these investigative reports:
https://ansonfundconspiracy.wordpress.com/

9. Guest
May 19, 2016, 06:02PM

Quotes How does Doc Kaminsky troll Ihub all day long when he is working here?


www.hackettstownfamilyclinic.com/staff.htm

I guess he ignores his patients and uses his employers work computers and server to troll Ihub all day long.

Must be employee of the decade!!!!

10. Guest
May 19, 2016, 06:01PM

Quotes www.hackettstownfamilyclinic.com/staff.htm

Hi Doc Kaminsky Doc K!

11. Guest
May 11, 2016, 01:05AM

Quotes LPR is still lashing out. MJNA massive bagholders like LPR and MoanistSwine are huge crybabies.

12. Guest
April 12, 2016, 11:06PM

Quotes Moanist is so worked up he is getting hysterical on ihub. The lies are better than ever!

13. Guest
April 08, 2016, 10:38PM

Quotes MoanistSwine is on a total manipulating lying roll on Ihub. Such a psychopath!

14. Guest
April 05, 2016, 08:51AM

Quotes Doc_K lost his money manipulating TRTC and had to return to work!

www (dot) hackettstownfamilyclinic (dot) com/staff.htm

Dr. Jerold Kaminsky chiropractor . I guess the sex toy venture failed too eh Doc?

15. Guest
March 10, 2016, 09:00PM

Quotes Alex Klym = MonestHind = KindFinance = @orion_arm.

Doc K = Jerold Kaminsky.

LaughinPaulRyan = Norman Gates

*********Lot's of details in these investigative reports:
https://ansonfundconspiracy.wordpress.com/

********Must read! https://ansonfundconspiracy.wordpress.com/

Scammers! Manipulators! Paid Bashers! Working for Anson Funds! Spreading lies!

16. Guest
March 10, 2016, 07:12AM

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

17. Guest
March 08, 2016, 08:19AM

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

18. Guest
March 07, 2016, 07:08PM

Quotes Alex Klym = MonestHind = KindFinance = @orion_arm.

Doc K = Jerold Kaminsky.

LaughinPaulRyan = Norman Gates

*********Lot's of details in these investigative reports:
https://ansonfundconspiracy.wordpress.com/

********Must read! https://ansonfundconspiracy.wordpress.com/

Scammers! Manipulators! Paid Bashers! Working for Anson Funds! Spreading lies!

19. Guest
March 07, 2016, 12:48AM

Quotes TRTC = Scam !

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

Happy TRTC Investing ?

20. Guest
March 06, 2016, 05:56PM

Quotes Alex Klym = MonestHind = KindFinance = @orion_arm.

Doc K = Jerold Kaminsky.

LaughinPaulRyan = Norman Gates

*********Lot's of details in these investigative reports:
https://ansonfundconspiracy.wordpress.com/

********Must read! https://ansonfundconspiracy.wordpress.com/

Scammers! Manipulators! Paid Bashers! Working for Anson Funds! Spreading lies!

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