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Terra Tech Corp. Message Board

  • eight.ball63@rocketmail.com eight.ball63 Feb 5, 2013 7:56 AM Flag

    *** $100,000's in Losses from Operating ***

    Learn to read financial statements instead of listening to illegal stock promotions.

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    • serenityloveh69@att.net serenityloveh69 Feb 22, 2013 2:03 PM Flag

      Please explain

    • wwzg@sbcglobal.net wwzg Feb 14, 2013 3:31 PM Flag

      Ouch.

    • No they can't read:

      this is just for the first acquisition:
      Reverse Acquisition of GrowOp Technology

      On February 9, 2012, we completed a reverse acquisition transaction through a reverse-triangular merger with GrowOp Technology whereby we acquired all of the issued and outstanding shares of GrowOp Technology in exchange for (i) 33,998,520 shares of our common stock, (ii) 100 shares of Series A Preferred Stock, convertible into shares of common stock on a one-for-one basis, and 14,750,000 shares of to-be-created Series B Preferred Stock , each share of which shall be convertible into 5.38425537 shares of common stock , which represents approximately 50.3% of our total shares outstanding, assuming the conversion of all shares of Series A Preferred Stock and Series B Preferred Stock into shares of common stock), immediately following the closing of the transactions contemplated by the Agreement and Plan of Merger. As a result of the transactions contemplated by the Agreement and Plan of Merger , GrowOp Technology became our wholly-owned subsidiary.

    • Shame on you eightball!!! Don't try to scare people away because of operating losses!!! Most new companies in the growth cycle will have losses. but investors have to make the decision if this is expected in it's infancy! Great companies of the past have had operating losses in it's infancy. If this is a company of the future it will have these losses. I have been an investor for 30 years, and I expect TRTC to have losses now. But will this sector be one of growth over the next 10 years? I am putting money into it, because I believe this is something which is only going to grow.......literally!!! Not all of my money, but seeds haha which I believe will only sprout and make me a nice return in 2-3 years! GLTA...........Hose

      Sentiment: Strong Buy

    • who said anything illegal besides give there own opinion? I think your just mad because you don't own any shares in this company. I however and a long term investor that will hold shares in this company for the next 2 years and yes I read the financial statements. It takes money to make money!

      I believe in Hydroponics - Plants that are grown in a water without soil, from seed to in the local grocery store within 4 weeks. Grown without any pesticides or fertilizers.

      I am a horticulturalist that knows the process off growing plants & vegetables. I have studied agriculture since I was 16. This process will give sustainable food for an EVER Growing Population. With all the crazy weather patterns and the massive losses to farms and crops,

      This is the next big thing. Mark this post and get back to me in 2 years!

      Sentiment: Strong Buy

 
TRTC
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