Bob, I am placing a lot of hard earned money in your hand to look forward to retirement. Keep up the good work! I can't wait until we penetrate the China's market, that'll be somthin' to write home about.
Sentiment: Strong Buy
Wake me up when China contracts start to roll in. China is in desperate need of USA made OTC medications more than Hong Kong.
NRTI, Where is my .15 at? I was hoping they would dip it down during intra-day to fill that gap at .16 and be done with. Expect to be flat next week as earning 10-K (probably Monday) for 2013 won't be anything to write home about. However, I do see us resume our uptrend there after going into Q1 result mid-May. I'm happy my porfolio ended the week in green thanks to SCRC and ERB. Have a good weekend fellas!
Oakland, March 24, 2014 (GLOBE NEWSWIRE) -- Terra Tech Corp. (TRTC), through their medical cannabis subsidiary GrowOp Technology Ltd, is pleased to announce they are developing a research and industrial extraction facility focused on the medical cannabis market. The facility will be located in Oakland, CA and is being built in response to what the company views as an increase in demand for high grade CBD as well as other botanical extracts. As a first step the company has purchased a custom 20 liter 5,000 PSI supercritical CO2 extractor from Eden Labs.
The extractor is designed for botanical and nutraceutical extractions and will be utilized to extract CBD in an effort to have complete control and consistency as they continue to work with Inergetics in the creation of a CBD-based nutritional supplement. This key piece of equipment utilizes CO2 as a solvent, which is superior because it is non-flammable and non-toxic mitigating negative environmental impacts as well as several safety concerns that have been associated with butane extraction. This process allows for the selective extraction of compounds from a variety of botanicals, which possess potent antioxidant as well as neuroprotectant properties.
"Consumers are becoming more educated about safety and quality as the legal medical cannabis market spreads throughout the US," explains Derek Peterson, CEO of Terra Tech Corp. "Patients deserve access to products that are both effective and free from harmful residues. Our intention once we complete our top of the line facility is to partner with a permitted California based medical cannabis dispensary where we can pair their expertise with our equipment and technology to synthesize and create some amazing products."
Looking forward, Terra Tech Corp sees significant shareholder value in researching various methods of extraction as well as protecting those proprietary findings through process patents. Terra Tech's recent investments in the construction of a fully funct
Let's put some numbers with the names so we can see the actual Market Cap without all the hypes to cloud ones judgement:
PHOT $500 Millions
MJNA $300 Millions
TRTC $100 Millions
NRTI $17 Millions !!#!?
So those are the current valuation. But what is MUCH MUCH more exciting and to me as a deal breaker would be to compare their actual products on the shelves, with actual reported income.... NRTI have successful products( SURGEX, MARTHA STEWART ESSENTIALS SUPPLEMENTS FOR WOMEN, BIKINI READY, SLIM TRIM, Muscle Maker Grill "42" moniker -600,000 shakes started March1st 2014 exclusive to Muscle Grill restaurant, INTRINSIX for 15,000 podiatrists, Energy Gum Drops & Cocoa Chews for weightloss hunger suppressant )its partnerships with Meijer, Amazon, Walgreens, Hyvee,Cardinal Health, Winn-dixie, Muscle Maker Grill..etc...All occurred within the last 2 Quarters! And lucky for new investors, the sales have not been realized yet until Q1 2014. Also $3.3 Millions FREE cash by the state of NJ not included yet !! And also, hired top notch IR firm that have office in U.S., Europe, the Middle East and Asia,- RLM Finsbury. And as a bonus I'll mention our new team of experts including scientists and doctors who are top of their field and have worked for Glaxo Smith Kline, Pfizer, and Merck in the past to formulate a new line of medical Cannabidiol supplement and in the process will set the standard for the medical use of cannabis.
So can somebody give me a number of what NRTI Market Cap should be at and what would that equivalent to price-wise?
I'll low-ball and call Fair value of $80 Million
$80 Millions Cap/ 61 Million shares = $1.31 that is 450% from closing price today of .29
MM shaking the tree with 150,000 shares, no one is selling :) Not much shares left out there. All the float have been accumulated by strong hands in the .28-.31 range. Any buy would sent the price back up. I'm ready to load 100,000 shares at .23 if possible.
Please NRTI does NOT need cannabis/marijuna play. Long term investors here would back me that NRTI have way too many products during last 2 quarters to need mj...
Way too many new products and contract within the last 2 Q's that going to start bring in money 2014 Q1 report - expect big result comes mid May- that is 7 weeks away!!
NRTI does NOT need the cannabis play, All long intestors were here long before the marijua announcement. Just the Martha Vitamin deal alone justify NRTI not including the whole line up.
Thanks! I'm holding 230,000 looking to add another 20,000 to make it even. NRTI with all it diversed products, wide spectrum of ditribution partners, world class IR firm RLM Finsbury, and recent bonus partnership into the marijuana sector with TRTC of which NRTI CEO Mr. James is also working as TRTC CFO. Together they have been collecting top reseachers in the field to set standard for the #$%$ industry TRTC without diversed portfolio, bigger float of 94.2 Millions shares ran from .10 to $1.42 within the last 2 months while NRTI with 45 Millions shares and wide portfolio wiggle from .14 to .31 last 3 months..!? Noticed I discussed float not o/s which would still be true as NRTI has smaller in number of shares. Finally, NRTI No debt, fully reporting -always on time, tons of products, top partnerships, high end consumers with Muscle Maker Grill, and recently brought together marijuana industry top scientists to set future standard for medical use of cannabis closed today with market price of $0.31 x 61millions shares o/s = $18.9 Million market cap!?!? Meanwhile, mj stocks with billions of shares, never file any quarterly report are trading in $200-400 Million dollar cap with one or no product at all! What I'm trying to say is that new NRTI investors should be aware of what a rare company NRTI is and not worry about day to day price fluctuation. In due time, the market will come to realized NRTI market cap of $18.9 Million is nothing short of outrageous! Sucks being the early birds, but hang tight!
Sentiment: Strong Buy