Terra Tech Corp. (OTCQB: TRTC) saw its share volume soar on June 17th with 9,849,632 shares exchanging hands, double its three month daily average volume of 4,887,865 shares.
Late last week, Derek Peterson, CEO of Terra Tech, called in to SmallCapVoice.com to address the allegations made in the recent Seeking Alpha piece. Peterson also went on to provide the TRTC shareholders and the SCV listeners with a comprehensive overview of the opportunities that the Company is pursuing currently, as well as his own candid insights into the goals for the Company in 2014.
"We felt like now was an important time to be vocal about some of the misleading information that has been issued about our Company and we know that investors want to hear from us about our future plans," stated Peterson.
Terra Tech Corp. (TRTC), through its wholly-owned subsidiary GrowOp Technology, specializes in controlled environment agricultural technologies. The company integrates best-of-breed hydroponic equipment with proprietary software and hardware to provide sustainable solutions for indoor agriculture enterprises and home practitioners. Our complete product line is available at specialty retailers throughout the United States, and via our website. Through its wholly-owned subsidiary Edible Garden, cultivates a premier brand of local and sustainably grown hydroponic produce, sold through major grocery stores such as Shoprite, Fairway Markets and others throughout Massachusetts, New Hampshire, New Jersey, New York, Delaware, Maryland, Connecticut, and Pennsylvania.
TRTC closed the day at $.63, 31.86% higher than its previous close of $.474.
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American Green Sees Share Volume Plummet
American Green, Inc. (OTCPINK: ERBB), formerly Tranzbyte Corp, saw its share volume plummet on June 17th with 34,917,766 shares exchanging hands, significantly lower than its three month daily average volume of 112,108,251 shares.
Tranzbyte, now a wholly-owned subsidiary of American Green, will continue its plan to acquire, hold, or spin out successful divisions in what has been described in previous news releases as "dividend farming," Companies that qualify and decide to become public on their own will agree to carve out shares for Tranzbyte and dividends for ERBB shareholders.
Tranzbyte also houses the company's 10-year-old technology division which is actively engaged in the sale of its optical media enhancement products to potential customers in the US and Asia. Products in the Tranzbyte division include FLASHAlbum(tm) and FlixStix -- technologies that the company plans to be incorporated into the Company's ZaZZZ Machine while enabling distributors of optical media (CDs, DVDs, etc.) to consolidate the best features of each medium onto a single content-protected USB flash drive.
American Green, formally Altitude Organix, became the first publicly-traded medical marijuana dispensary brand in the world. Beginning in 2009, the company has developed retailing, branding, and commercial cultivating strategies in conjunction with its licensed medical marijuana retail dispensaries operating under the Altitude Organic Medicine brand name. While the Company is no longer associated with the Altitude Organic Medicine outlets in Colorado and has replaced the Altitude Organix brand with American Green, it has spent the past 18 months developing an "automated dispensary" that will offer the company's proprietary products to qualified adults in the US and around the world under its "ZaZZZ" brand.
ERBB closed the day at $.0248, 3.7% higher than its previous close of $.0243.
HempMeds Makes Positive Headlines
Medical Marijuana, Inc. (OTCPINK: MJNA) saw its share volume continue its downward trend on June 17th with 2,562,439 shares exchanging hands, three times lower than its three month daily average volume of 6,693,066 shares.
Just last week, Medical Marijuana Inc. announced that its subsidiary HempMeds(TM) and the cannabidiol (CBD)-rich hemp oil that the company represents, markets, and distributes are making positive news headlines around the world after participating in the Chicago Cannabis Conference hosted by MyCompassion.org, a 501(c)3 non-profit organization. These innovative CBD-rich hemp oil products have been reviewed by top laboratories in the cannabis industry.
"HempMeds(TM) is extremely proud to offer multi-award winning CBD-rich hemp oil products that our customers trust and rely on," states Andrew Hard, Director of Public Relations for HempMeds(TM). "From 'seed to sale,' the Company conducts multiple internal analyses to comply with multi-national government agencies in order to import our hemp oil. Once imported, the CBD-rich hemp oil undergoes further internal testing and at least one third-party analysis per batch prior to creating retail products. As news about these innovative CBD-rich hemp oil nutritional supplements, functional foods, and personal care products spreads globally, we felt that sharing these extremely detailed laboratory reports will show the public the great care taken to ensure our customers always receive an exceptionally high quality product with each purchase. We clearly go the extra mile to gain and retain our customers' trust."
Hard continues, "In addition to the support we receive from our customers, we are equally thrilled that members of the medical community, healthcare practitioners, parents, individuals, and the mainstream news media are supporting the CBD-rich hemp oil brands that HempMeds provides."
MJNA closed the day at $.197.
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