Terra Tech Corp (OTCMKTS:TRTC) Turns Green

[[tagnumber 0]][[tagnumber 1]]Terra Tech Corp (OTCMKTS:TRTC)’s stock and its shareholders have suffered quite a lot in the past year. The ticker is nowhere near where it was sitting back in the beginning of 2014 when the marijuana hype kicked in.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Meanwhile, the company has expanded. This, however, doesn’t seem to stop the ticker from sliding to pre–hype levels and dropping below the 10 cent per share mark, despite the fact that [[tagnumber 6]]TRTC[[tagnumber 7]] is already generating healthy revenues. Here is just an example of the contents of the company’s report for the first quarter of the year.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 11]] [[tagnumber 12]]cash: $274 thousand[[tagnumber 13]] [[tagnumber 12]]current assets: $1.5 million[[tagnumber 13]] [[tagnumber 12]]current liabilities: $5.4 million[[tagnumber 13]] [[tagnumber 12]]revenues: $763 thousand[[tagnumber 13]] [[tagnumber 12]]net loss: $2.1 million[[tagnumber 13]] [[tagnumber 22]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]The report shows that the revenues have increased and the net loss has been lowered significantly. Unfortunately, the e company’s cash reserves have also shrunk compared to the final quarter of 2014.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]On Tuesday the company issued a press release which announced the addition of four new Los Angeles based retailers for its IVXX (420 in roman numerals) brand. The PR only managed to cushion the blow for that day, but we saw [[tagnumber 6]]TRTC [[tagnumber 7]]climb 18.42% in the charts during yesterday’s session, closing at $0.099 with a total of 1.4 million traded shares and a daily dollar volume of $134 thousand.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Unfortunately, the ticker is not doing so well in today’s trading and is already 3.03% down as of the writing of this article. Will [[tagnumber 6]]TRTC[[tagnumber 7]] manage to stabilize or will it continue to descend the charts is for time to tell. You just be sure to do your own due diligence and weigh out the risks before putting any money on the line.[[tagnumber 2]]