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Insider Selling by Board Member at Terra Tech

May 24, 2017

 

An insider at Terra Tech Corp. (OTC:TRTC) submitted a Form 4 to the SEC for a recent sale of shares in the company, often considered to be a bearish signal for companies. Officers and directors of publicly listed companies have the most complete picture of what is going on inside of their organization. Therefore, their transactions in their own company's stock becomes a useful signal for traders and investors to track.

 

Insider Selling by Board Member

 

A member of the Board of Directors for Terra Tech, Kenneth P. Krueger, has filed a Statement of Changes in Beneficial Ownership (Form 4) with the SEC on May 18th to report selling in TRTC. On May 15th, Mr. Krueger sold 135,000 shares of TRTC at a price of $0.1881 per share. As of the writing of this article, shares of TRTC are now trading lower at $0.156 per share. 

 

The sale amounted to an divestment of $25,393.50. Following the transactions, Mr. Coleman beneficially owns 175,000 shares of TRTC.

 

 

 

 

Conclusion

 

Earlier today, Terra Tech announced that the company is launching a craft cultivation initiative, and has already signed its first partner for the program.

 

To learn more about Terra Tech, be sure to check out the company's profile in our marijuana stocks database

 

Also, be sure to subscribe to one or more of our free newsletters so you never miss an important update. If you haven't already, connect with The Daily Marijuana Observer on Facebook, Twitter, and Instagram

 

D/M/O

 

Disclosure:

 

 I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

 I have no business relationship with any company whose stock is mentioned in this article.

 

Disclaimer

 

The publishers of DailyMarijuanaObserver.com are not registered as Investment Advisors or Broker-Dealers in any jurisdiction whatsoever. The information contained on DailyMarijuanaObserver.com (“this site”) has been prepared solely for informational purposes. Nothing on the site is an offer or solicitation to buy or sell securities. Investors should seek financial advice regarding the appropriateness of investing in any securities mentioned from their financial advisor.

 

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