Investors Are Not Impressed By Terra Tech Corp. (OTCMKTS:TRTC)’s PR

Terra Tech Corp. (OTCMKTS:TRTC) shed 6% of its market value yesterday, even though it pumped out yet another piece of optimistic PR.

By the look of things, TRTC is very happy with the fact that it has found “new retail outlets for their line of living produce” in “Maryland, New Jersey, New York, Pennsylvania, and West Virginia“.

Supporting local farmers, helping create local jobs, and investing in their local communities, are all admirable activities, and Derek Peterson, TRTC CEO certainly has a reason to be proud that his company is doing all that.

However, helping the locals grow produce is hardly the reason people are trading TRTC, is it?

No, the majority of TRTC‘s investors got on the bus because it was presented as marijuana stock. One can only imagine said investor’s disappointment when the closest thing to pot the company has grown so far are pot herbs – and we all know how profitable THAT has turned out to be.

As we all saw in its latest financial filing, growing produce has been so good for TRTC, that it had to report $9.2 million under net loss for Q3, 2014. That number alone is saying a lot – mainly that if TRTC‘s results don’t improve in the near future, it could be looking at more severe crashes than yesterday’s hiccup.