According to the Financial Industry Regulatory Authority, a.k.a FINRA, Terra Tech Corp. (OTC:TRTC) will be doing a 1:15 reverse split, effective March 13th, 2018.
A reverse stock split is a transaction when a corporation reduces the total number of its outstanding shares through consolidation. In this case, 15 shares of TRTC will become one larger share of TRTC essentially.
On top of that, the company is expected to file its full-year 2017 results on Thursday, March 15, 2018 with an announcement after the U.S. market close.
The company will also host a conference call on Thursday, March 15, 2018 at 4:30 PM EST with accessible at 1-857-232-0157 with the access code "422095". Derek Peterson, Chairman and CEO of Terra Tech Corp., will be answering shareholder questions at the end of the call.
For those unable to participate in the live conference call, a replay will be available at http://smallcapvoice.com/blog/trtc/. An archived version of the webcast will also be available on the investor relations section of the company's website.
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