Todor Pichurov

Terra Tech Corp (OTCMKTS:TRTC) Blows Up on Blum Acquisition

by Todor Pichurov January 15, 2016

This Tuesday Terra Tech Corp (OTCMKTS:TRTC, TRTC message board) announced the company signed a definitive agreement to acquire formerly private cannabis dispensary Blum Oakland. The news sent the stock through the roof and TRTC put up 100% over two sessions. Yesterday TRTC got slashed 21% down from its new high.

The PR concerning the acquisition of Blum hit the wire before the opening bell on Tuesday and the market's reaction was imminent and unambiguous - traders set TRTC's stock on fire, sending it up in leaps and bounds. With the press release dropping big numbers such as Blum's annual revenue of around $14 million and 1000 patients being served by the dispensary on a daily basis, this excitement is in part understandable.

The PR also does not fail to mention that the addition of Blum, TRTC has become the first U.S. publicly traded company that has some involvement in all parts of the so-called “seed-to-sale” cycle of the green leaf. CEO Derek Peterson also highlighter the upcoming legislative changes that are to be implemented in California over 2016 which should allow entities like the Blum dispensary to operata on a “for profit” basis. The merger is expected to close by the end of March 31.

The news release contained no new information on Terra Tech's Nevada properties, whether they be dispensaries or cultivation and production facilities.

The market got a little too excited over the announcement, it seems, sending TRTC well into overbought territory. Yesterday's pullback was only logical, in terms of both technicals and plain old-fashioned profit taking. The stock has not been doing terribly well lately despite the uplisting to OTCQX and it's understandable that people would choose to cash out various portions of their investment when presented with a 100% jump.

After the slip TRTC is back within normal trading ranges and it remains to be seen how the price will move from this point on.

Comments 26

1. Guest
June 14, 2016, 09:32AM

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, 10:14AM

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, 11:51PM

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, 07:38PM

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, 07:26PM

Quotes www.terratechcorp.com/contact


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

6. Guest
May 22, 2016, 12:18PM

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, 10:40AM

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, 04:47AM

Quotes so far trtc has been a good stock for me dumb polick

9. Guest
March 10, 2016, 09:02PM

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!

10. Guest
March 10, 2016, 07:18AM

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

11. Guest
March 08, 2016, 08:20AM

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

12. 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!

13. Guest
March 07, 2016, 12:47AM

Quotes TRTC = Scam !

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

Happy TRTC Investing ?

14. Guest
March 06, 2016, 05:54PM

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!

15. Guest
March 06, 2016, 01:02AM

Quotes TRTC = Scam !

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

Happy TRTC Investing ?

16. Guest
March 04, 2016, 08:16AM

Quotes TRTC Nevada - What For MJ Dispensaries or Productions ??

For the Local Partners take 40- 50% of Gross Profit
and TRTC Executives about the Same. Just For TRTC
Investors Expenses as at No Profit Edible Garden !!
Additionally may buying a None Profit CA Dispensary.

DP decided the Wrong Business Model for Executive‘s
Profits and Not Company‘s Profit !

Just read TRTC Own SEC Filings, its all reconfirmed there.
.

17. Guest
February 16, 2016, 08:55PM

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/

Another company suing Anson for 300 MILLION Dollars: finance.yahoo (dot) com/news/nobilis-sues-anson-funds-anson-162403898.html?soc_src=mediacontentstory&soc_trk=tw

Next up, TRTC suing Anson and the stock manipulators, John Does 1 - 20. As Norman Gates would say, Raised to the ground of prisonality.

Twitter and Ihub are next targets for SEC to prosecute stock manipulators: www.sec (dot) gov/news/pressrelease/2015-254.html

Anson Funds key player: https://twitter.com/MunchingMoez?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

https://en.wikipedia.org/wiki/Moez_Kassam

18. Guest
January 31, 2016, 02:34PM

Quotes TRTC - Bhang Chocolates Warehouse Raided !
See Here :
finance.yahoo.com/mbview/threadview/?&bn=3bb46978-5f76-3b85-924a-f0a360f9c126&tid=1454162270086-09d27b3d-c5e2-410f-ad3c-28c06c1f2f01&tls=la%2Cd%2C0%2C3
.

19. Guest
January 26, 2016, 07:31AM

Quotes TRTC Edible Garden Corp. Back To Vande Vredes !!
Terra Tech Corp. – USA – Ticker : TRTC

See Here : de.advfn.com/forum/advfn/16973597
.

20. Guest
January 18, 2016, 08:31PM

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/

Another company suing Anson for 300 MILLION Dollars: finance.yahoo (dot) com/news/nobilis-sues-anson-funds-anson-162403898.html?soc_src=mediacontentstory&soc_trk=tw

Next up, TRTC suing Anson and the stock manipulators, John Does 1 - 20. As Norman Gates would say, Raised to the ground of prisonality.

Twitter and Ihub are next targets for SEC to prosecute stock manipulators: www.sec (dot) gov/news/pressrelease/2015-254.html

Anson Funds key player: https://twitter.com/MunchingMoez?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

https://en.wikipedia.org/wiki/Moez_Kassam

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