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SmallCapVoice.com small cap and micro cap CEO audio interviews with your host Stuart Smith.

8-15-18 SmallCapVoice Interview with Nightfood Holdings Inc. (NGTF)

NightFood CEO Sean Folkson, called in to SmallCapVoice.com, Inc. to go over the recent news and highlights for the Company here in Summer of 2018. Recently, the Company announced that Tyler Eifert, of the NFL’s Cincinnati Bengals, has joined the NightFood team as a brand ambassador. Eifert, a 27 year-old tight end who was an All-American while playing college football at the University of Notre Dame, earned NFL Pro-Bowl honors in 2016.

NightFood Holdings, Inc. (NGTF), operates both NightFood, Inc. and MJ Munchies, Inc.

NightFood, Inc., “The Nighttime Snack Company”, is a snack food company dedicated to providing consumers delicious, better-for-you, sleep-friendly choices for evening snacking. According to IRI Worldwide, 44% of snack consumption occurs at night, representing a consumer spend of over $1B weekly on nighttime snacks. The Company has developed a dynamic infographic at http://NightSnacking.com as a definitive consumer and media resource clearly illustrating the size and scope of the largely untapped nighttime snack category.

Market research giant Mintel recently released a report identifying nighttime specific food and beverages as one of their most “compelling and category changing” trends for 2017 and beyond.

Consumer’s most popular choices are cookies, chips, and ice cream. NightFood creates, manufactures, and distributes snacks formulated to help consumers satisfy nighttime cravings in a better, healthier, more sleep friendly way.

MJ Munchies, Inc. was recently formed as a new, wholly owned subsidiary of Nightfood Holdings, Inc. to capitalize on legally compliant opportunities in the CBD and marijuana edibles and related spaces. The Company intends to market some of these new products under the brand name “Half-Baked”. As the legal landscape around CBD and cannabis related products continues to change and evolve, MJ Munchies will continue to explore, identify, and capitalize on opportunities clearly defined as legal. The Company believes tremendous opportunities currently exist to launch successful and compliant products in this space, and that such opportunities will continue to grow over time.

For more information, visit http://ir.nightfood.com and http://nightfood.com

This interview may include forward looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this release. Although the Company believes that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. SmallCapVoice.com, Inc. received $875 from the company on 5-31-18 for 30 days of service. SmallCapVoice.com, Inc. received $2,500 from the company on 8-10-18 for 30 days of service.

NightFood (NGTF) Ice Cream Launch Update: Kicking Off Brand Ambassador Program With NFL Pro-Bowl Tight End Tyler Eifert

Tarrytown, NY , Aug. 13, 2018 (GLOBE NEWSWIRE) — NightFood, Inc. (OTC: NGTF), the company pioneering the projected multi-billion dollar nighttime snacking category, is pleased to announce that Tyler Eifert, of the NFL’s Cincinnati Bengals, has joined the NightFood team as a brand ambassador.

Eifert, a 27 year-old tight end who was an All-American while playing college football at the University of Notre Dame, earned NFL Pro-Bowl honors in 2016.

“Tyler boasts a great sense of humor, over 150,000 social media followers, and junk cravings almost nightly,” commented Adam Elbendary of Ready Set Studios, NightFood’s ambassador program manager. “We think he’s going to be a perfect fit, and we love his enthusiasm for the brand.”

“When I first learned about NightFood, I just thought the idea was absolute genius,” Eifert added. “This is something a lot of guys in the league can really relate to. I look forward to sharing NightFood with the public, and with my teammates.”

“We’re excited to have the opportunity to share in the upside with an up-and-coming brand that’s obviously on an amazing path,” added Brent Beck, Eifert’s marketing agent who arranged the relationship. “It’s so easy to imagine NightFood just blowing up, with over two hundred million Americans snacking at night and everybody wanting better sleep.”

In one of the most often-cited transactions of a similar nature, it is estimated that David Wright made up to $20 million when VitaminWater was acquired by Coke for over $4 billion in 2007. Wright had taken a very small equity piece of the young company to be a spokesperson and brand ambassador.

“We’re thrilled to have Tyler on board,” exclaimed NightFood CEO Sean Folkson. “As we build an all-star team of ambassadors in advance of the ice cream launch, we’re being contacted daily by social media stars and big-name athletes, including Olympic gold medal winners, NASCAR drivers, golfing legends, and more. Even a former NBA MVP. The buzz around NightFood is just electric right now, and everybody seems to sense this category is coming hard.”

NightFood has eight flavors of sleep-friendly ice cream currently under development. Production is expected in Q4, with product available for sale online immediately thereafter, and rolling into supermarket distribution during Q1 of 2019.

About NightFood Holdings:

NightFood Holdings, Inc. (OTC: NGTF), operates both NightFood, Inc. and MJ Munchies, Inc.

NightFood, Inc., “The Nighttime Snack Company”, is a snack food company dedicated to providing consumers delicious, better-for-you, sleep-friendly choices for evening snacking. According to IRI Worldwide, 44% of snack consumption occurs at night, representing a consumer spend of over $1B weekly on nighttime snacks. The Company has developed a dynamic infographic at http://NightSnacking.com as a definitive consumer and media resource clearly illustrating the size and scope of the largely untapped nighttime snack category.

Market research giant Mintel recently released a report identifying nighttime specific food and beverages as one of their most “compelling and category changing” trends for 2017 and beyond.

Consumer’s most popular choices are cookies, chips, and ice cream. NightFood creates, manufactures, and distributes snacks formulated to help consumers satisfy nighttime cravings in a better, healthier, more sleep friendly way.

MJ Munchies, Inc. was recently formed as a new, wholly owned subsidiary of Nightfood Holdings, Inc. to capitalize on legally compliant opportunities in the CBD and marijuana edibles and related spaces. The Company intends to market some of these new products under the brand name “Half-Baked”. As the legal landscape around CBD and cannabis related products continues to change and evolve, MJ Munchies will continue to explore, identify, and capitalize on opportunities clearly defined as legal. The Company believes tremendous opportunities currently exist to launch successful and compliant products in this space, and that such opportunities will continue to grow over time.

For more information, visit http://ir.nightfood.com and http://nightfood.com

Questions can be directed to investors@nightfood.com

Forward Looking Statements:

This current press release contains “forward-looking statements,” as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, any products sold or cash flow from operations.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with distribution and difficulties associated with obtaining financing on acceptable terms. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Media Contact:
Tim Sullivan
media@nightfood.com
732-816-0239

Investor Contact:
Stuart Smith
investors@nightfood.com
888-888-6444, x3

Posted in Interviews| Tagged |
Progressive Care, Inc. (RXMD)

Progressive Care Inc. Reports Largest Six-Month Revenue Period in Company History in Q2 2018 Financial Filing

Progressive Care, Inc. (RXMD)

MIAMI, Aug. 14, 2018 (GLOBE NEWSWIRE) — Progressive Care Inc. (OTCQB: RXMD), a personalized healthcare services and technology company, today announced financial results for the quarter ending June 30, 2018, and provided an overview of recent operational highlights along with updates on the Company’s strategies.

Progressive Care dispensed more than 67,000 prescriptions in Q2 2018, a 21.45% increase over Q2 2017, and 133,000 prescriptions for the six-month period ending June 30, a 23% increase over the same period in 2017. Pharmacy revenue for the six-month period ending June 30, 2018, was approximately $10.3 million, the largest six-month period in the Company’s history and an increase of 3.41%. Progressive Care’s total assets were $3,503,769 as of June 30, 2018, compared to $2,447,865 as of June 30, 2017 — an increase of 43.13%. The Company continues to generate positive cash flow from its operations, with positive operational cash flow of approximately $69,000 for the six-month period ending June 30, 2018.

Progressive Care also reported raising over $1.4 million for 340B charitable organizations during Q2 2018, and $2.7 million total for the six-month period ending June 30, 2018. The Company’s total reported revenue included approximately $125,000 in fees earned on dispensing prescription medications to patients under 340B programs managed by two non-profit healthcare organizations in Florida. The Company expects expanded revenue growth through the signing of two new 340B contracts in July 2018. The contracts with Hope and Help Center of Central Florida and Care 4 U Management will begin on Oct. 1, 2018.

“We are proud to announce another quarter of significant growth compared to last year,” said S. Parikh Mars, CEO of Progressive Care Inc. “During this quarter, we completed our acquisition of Touchpoint Rx, continued developing our healthcare technological offering with the introduction of the PharmCo Smart-Pack Pouch Packaging system and the development of our own proprietary tele-pharmacy software called Tele-PharmCo.”

Mars continued: “Finally, through the launch of our alternative pain management therapies, we were able to begin diversifying Progressive Care’s suite of services and further position ourselves as a preferred online provider of healthcare resources for patients, physicians and providers. We hope that through these efforts, Progressive Care will be able to continue delivering increased value to our shareholders.”  

Progressive Care anticipates that future growth will be driven by continued expansion into new market territories, concentrated efforts toward developing its compliance and adherence services provided to medical providers, and enhancement of technological opportunities that boost loyalty and customer satisfaction. Areas of current development include market penetration of Palm Beach and Martin Counties through the acquisition of Touchpoint Rx, LLC; the development of its Tele-PharmCo platform for its wholly owned subsidiary, PharmCo, LLC; the development and deployment of its online prescription management solution; and implementation of MTM protocols.

SECOND QUARTER 2018 HIGHLIGHTS
During the second quarter of 2018, Progressive Care Inc. achieved the following milestones and significant events:

Reported record-breaking year-over-year sales and growth numbers
In Q2 2018, the Company reported a total of $10.3 million in revenue, the largest single six-month period in its history to date. Progressive Care also experienced increases in prescriptions filled, reporting a 21.45% increase compared to the same quarter in 2017. Progressive Care’s pharmacy services revenue growth is a result of the Company’s expanding breadth of services, manufacturer price increases, new drugs coming to market, new indications for existing drugs, volume growth with current clients, and addition of new customers due to its focus on higher patient engagement and clinical expertise.  

The Company dispensed a total of 66,800 prescriptions in Q2 2018, a 21.45% increase over Q2 2017. Progressive Care’s total assets were $3,503,769 as of June 30, 2018, compared to $2,447,865 as of June 30, 2017 — an increase of 43.13%.

Furthered growth and expansion plans through pharmacy acquisition
The Company executed a definitive agreement to purchase the Touchpoint Rx pharmacy in Palm Beach County. Under this agreement, PharmCo assumed all day-to-day management of the pharmacy, which included assumption of all revenue and expenses. The acquisition will facilitate the Company’s growth plans by decreasing the cost of servicing its delivery radius into Martin County, which includes Jupiter and Stuart, and will decrease costs of expansion and increase prescription dispensing efficiency.

Expansion of robot pharmacy machinery fleet 
The Company purchased and installed a new Automated Pouch Packaging System for its Miami-Dade County PharmCo location. Progressive Care’s wholly-owned subsidiary, PharmCo, LLC, is one of the first in South Florida to offer this new packaging system PharmCo Smart-Pack that allows patients to receive customized dosage pouches according to their daily prescription needs.

Continued development of technology driven healthcare service options
The Company rolled out its online prescription management solution allowing PharmCo patients to visit www.pharmcopharmacy.com and access the company’s prescription management platform, making the prescription request process even easier. The web-based forms are user-friendly and fully integrated for easy processing and quick turn-around on new, transfer and refill prescriptions.

Additionally, the Company started the development of its own proprietary tele-pharmacy software, Tele-PharmCo, to digitally communicate with patients, physicians, pharmacists and caretakers across the world. This state-of-the-art multi-platform technology will be capable of running on kiosk, desktop and mobile devices. The move comes as part of Progressive Care’s overall effort to expand its current kiosk program.

Provided further education on alternative treatments to opioids
The Company launched a new program designed to educate patients and providers on treatment alternatives to opioids available through the company. The campaign is part of the Company’s initiative to spread awareness of available alternative therapies that can improve a person’s quality of life and, in many cases, prevent tragedy caused by opioid abuse and solve the nationwide epidemic.

Maintained steady investor relations activity
The Company actively communicated with its customers and shareholders through various investor announcements.

These efforts included:

  • Acting to alleviate pressure caused by naked short positions in the Company’s stock. The Company contacted several broker/dealers, clearing firms and reached out to FINRA’s Division of Market Regulation about the problem naked shorting is causing in the market for the Company’s securities.
  • Partnering with CMW Media as its public relations agency of record as part of Progressive Care’s overall effort to expand marketing and communications activities for the company and all subsidiaries.
  • Engagement with The Benchmark Company, LLC as a financial advisor as it moves forward with the process of re-registration with the U.S. Securities and Exchange Commission and pursuing a listing on a national securities exchange.

SECOND QUARTER 2018 FINANCIAL RESULTS

Net Revenue: For the six-month period ending June 30, 2018, Progressive Care showed net sales of $10,268,886, as compared to net sales of $9,930,422 for the six-month period that ended June 30, 2017, an increase of 3.41%.

Balance Sheet: Total Assets for the company were $3,503,769 as of June 30, 2018, compared to $2,447,865 as of June 30, 2017, an increase of 43.13%.

Net Cash Provided by Operating Activities: Operating cash flow increased from ($272,769) to $69,444 year-over-year, which is an increase of over 125.45%.

For more information about Progressive Care, please visit the company’s website.

Connect and stay in touch with us on social media:

Progressive Care Inc.
https://www.facebook.com/ProgressiveCareUS/
https://twitter.com/ProgressCareUS

PharmCo, LLC
https://www.facebook.com/pharmcorx/
https://twitter.com/PharmCoRx

About Progressive Care Inc. 
Progressive Care Inc. (OTCQB: RXMD), through its PharmCo, LLC, is a South Florida health services organization and provider of prescription pharmaceuticals, compounded medications, provider of tele-pharmacy services, the sale of anti-retroviral medications, medication therapy management (MTM), the supply of prescription medications to long term care facilities, and health practice risk management.

Cautionary Statement Regarding Forward Looking Statements
Statements contained herein that are not based upon current or historical fact are forward-looking in nature and constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements reflect the Company’s expectations about its future operating results, performance and opportunities that involve substantial risks and uncertainties. These statements include but are not limited to statements regarding the intended terms of the offering, closing of the offering and use of any proceeds from the offering. When used herein, the words “anticipate,” “believe,” “estimate,” “upcoming,” “plan,” “target,” “intend” and “expect” and similar expressions, as they relate to Progressive Care Inc., its subsidiaries, or its management, are intended to identify such forward-looking statements. These forward-looking statements are based on information currently available to the Company and are subject to a number of risks, uncertainties, and other factors that could cause the Company’s actual results, performance, prospects, and opportunities to differ materially from those expressed in, or implied by, these forward-looking statements.

Public Relations Contact: 
Tory Patterson, CMW Media 
Tory@cmwmedia.com 
www.cmwmedia.com

Investor Relations Contact: 
Armen Karapetyan, Progressive Care 
Senior Advisor Business Development
Armen@progressivecareus.com
www.progressivecareus.com
www.pharmcopharmacy.com

Posted in Interviews| Tagged |
Terra Tech Corp. (TRTC)

Terra Tech Corp Reports Financial Results for the Second Quarter of 2018

Terra Tech Corp. (TRTC)

 Terra Tech’s (TRTC) CEO Derek Peterson on Q2 2018 Results – Earnings Call Transcript

IRVINE, Calif., Aug. 09, 2018 (GLOBE NEWSWIRE) — Terra Tech Corp. (OTCQX: TRTC) (“Terra Tech” or the “Company”), a vertically integrated cannabis-focused agriculture company, today announced its second quarter financial results for the period ended June 30, 2018.

“During the second quarter of fiscal 2018 we focused on both growing topline revenues, which reached $8.7 million for the quarter, and investing in building out infrastructure to support our longer term growth strategy,” commented Derek Peterson, Chief Executive Officer of Terra Tech. “In Nevada, we maintain a significant, focused presence which covers both retail and cultivation. On the retail side, our dispensaries reported higher revenues as the adult use market continued to gain momentum. Subsequent to the quarter end, we also commenced cultivation activities at our Sparks, Nevada facility, of which we own 50% in conjunction with NuLeaf, to scale the supply of our wholesale IVXX® premium products.

“In California, we made strides expanding our presence in Santa Ana by securing retail permits for new dispensaries on East Dyer Road and Carnegie Avenue. With plans to apply for cultivation, distribution, and manufacturing permits, we believe these locations have the potential to be significant revenue generators for us. We are also in the process of relocating our Oakland extraction facility to the new facility in San Leandro. While this has impacted IVXX sales in the short term, we are confident this will allow us to increase our production and achieve greater distribution throughout California upon completion of the facility build out, which is expected to occur by the end of the year. By investing in infrastructure, we aim to establish a strong platform to ensure growth in shareholder value,” concluded Mr. Peterson.

Financial Update

  • Total revenues generated for the quarter ended June 30, 2018 were approximately $8.7 million, an increase of 11% from $7.8 million in the same period in 2017. This growth was due to revenue generated by the Company’s dispensaries in Nevada, and sales from its Blüm, Santa Ana dispensary in California, which was acquired in September 2017.

  • Gross margin for the quarter ended June 30, 2018 amounted to approximately 25.3%, compared to approximately 19.2% for the quarter ended June 30, 2017, primarily attributable to the cannabis segment, where the Company generated higher revenues to cover its fixed overhead costs.

  • Selling, general and administrative expenses for the quarter ended June 30, 2018 amounted to approximately $8.0 million, compared to approximately $6.0 million for the quarter ended June 30, 2017.

  • The net loss attributable to Terra Tech for the quarter ended June 30, 2018 was approximately $(11.4 million) or ($0.17) per share compared to a loss of approximately $(0.5 million) or ($0.01) per share for the quarter ended June 30, 2017.

  • The Company had $5.2 million in cash as of June 30, 2018, compared with $5.4 million as of December 31, 2017.

  • Stockholders’ equity for the quarter ended June 30, 2018 amounted to approximately $91.0 million, an increase of approximately $14.2 million compared to approximately $76.8 million as of December 31, 2017.

  • The Company had no short-term debt as of June 30, 2018. Long term debt was $12.8 million as of June 30, 2018, compared with $6.6 million as of December 31, 2017.

Business Update
California:

  • Oakland: The Company’s Blüm, Oakland dispensary continued to focus on the adult use market, however sales were negatively impacted by higher California state excise tax rates. To prepare for a ramp in demand as a result of the legalization of adult-use cannabis, Terra Tech continued constructing a 13,000 square foot cultivation facility in Hegenberger, Oakland which has the capacity to produce up to one metric ton, or 2,000 pounds, of cannabis per year. The facility is expected to be fully operational in the third quarter of 2018.
  • San Leandro: The Company continued construction of a Blüm dispensary and extraction facility, both of which are expected to open in the second half of 2018.

  • Santa Ana: In July, the Company received regulatory approval from the City of Santa Ana to acquire the cannabis retail permit associated with the dispensary for no additional consideration.  Additionally, the Company was granted two permits by the City of Santa Ana to operate retail dispensaries on East Dyer Road and Carnegie Avenue in Santa Ana, California.  Terra Tech plans to apply for cultivation, manufacturing and distribution permits at both locations.

Also in July, the Company secured a 25% ownership in The Healing Tree Collective, Inc., a California based permitted dispensary.

Nevada:

  • The Company’s four Blüm dispensaries in Nevada continued to ramp sales to the adult-use market.
  • Following approval from the State of Nevada, the Company commenced cannabis cultivation at its new Sparks facility in July, which was built out in the first quarter of 2018 in conjunction with NuLeaf Sparks.

  • The Company received final State of Nevada approvals to begin production at its 15,000 square foot cannabis extraction facility in Reno, NV, in July, which was also constructed in conjunction with NuLeaf.

  • In July, the Company agreed to sell 100% of the assets of its cannabis dispensary located at 1921 Western Avenue in Las Vegas, to Exhale Brands Nevada, for a total consideration of $6,250,000. This did not impact the Company’s results for the quarter ended June 30, 2018. The transaction is expected to close upon receipt of all state and local jurisdictional approvals.

Conference Call

The company will also host a conference call today, Thursday, August 9, 2018 at 4:30 PM Eastern Time.

Dial-In Number:                 1-857-232-0157
Access Code:                     422095

Derek Peterson, Chairman and CEO of Terra Tech Corp., will be answering shareholder questions at the end of the call. Should you have questions during or prior to the conference call please send an email to TRTC@kcsa.com with ‘TRTC Question’ in the subject line. Mr. Peterson will answer as many questions as time will allow.

For those unable to participate in the live conference call, a replay will be available at https://smallcapvoice.com/blog/trtc/. An archived version of the webcast will also be available on the investor relations section of the company’s website.

To be added to the Terra Tech email distribution list, please email TRTC@kcsa.com with TRTC in the subject line.

About Terra Tech

Terra Tech Corp. (OTCQX: TRTC) operates through multiple subsidiary businesses including: Blüm, IVXX Inc., Edible Garden, and MediFarm LLC.  Blüm’s retail and medical cannabis facilities provide the highest quality medical cannabis to patients who are looking for alternative treatments for their chronic medical conditions as well as premium cannabis to the adult-use market in Nevada and California. Blüm offers a broad selection of cannabis products including; flowers, concentrates and edibles through its Oakland, CA and multiple Nevada locations. IVXX, Inc. is a wholly-owned subsidiary of Terra Tech that produces cannabis-extracted products for regulated medical cannabis dispensaries throughout California and medical and adult-use dispensaries in Nevada. The Company’s wholly-owned subsidiary, Edible Garden, cultivates a premier brand of local and sustainably grown hydroponic produce, sold through major grocery stores such as ShopRite, Walmart, Ahold, Aldi, Meijer, Kroger, Stop & Shop and others nationwide. Terra Tech’s MediFarm LLC subsidiaries are focused on medical and adult-use cannabis cultivation and permitting businesses throughout Nevada.

For more information about Terra Tech Corp visit: http://www.terratechcorp.com/ 
For more information about IVXX visit: http://ivxx.com/ 
For more information about Blüm Nevada visit: http://letsblum.com
For more information about Blüm Oakland visit: http://blumoak.com/ 
Visit us on Facebook @ https://www.facebook.com/terratechcorp/timeline 
Follow us on Twitter @terratechcorp  
For more information about Edible Garden visit: http://www.ediblegarden.com/ 
Visit Edible Garden on Facebook @ https://www.facebook.com/ediblefarms?fref=ts 
Visit IVXX on Facebook @ https://www.facebook.com/ivxxbrand?fref=ts

Cautionary Language Concerning Forward-Looking Statements

Statements in this press release may be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “anticipate”, “believe”, “estimate”, “expect”, “intend” and similar expressions, as they relate to the company or its management, identify forward-looking statements. These statements are based on current expectations, estimates and projections about the company’s business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and probably will, differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above and those risks discussed from time to time in Terra Tech Corp.’s filings with the Securities and Exchange Commission. In addition, such statements could be affected by risks and uncertainties related to Terra Tech Corp.’s (i) product demand, market and customer acceptance of its equipment and other goods, (ii) ability to obtain financing to expand its operations, (iii) ability to attract qualified sales representatives, (iv) competition, pricing and development difficulties, (v) ability to integrate GrowOp Technology Ltd. into its operations as a reporting issuer with the Securities and Exchange Commission, and (vi) general industry and market conditions and growth rates and general economic conditions. Any forward-looking statements speak only as of the date on which they are made, and the company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release. Information on Terra Tech Corp.’s website does not constitute a part of this release.

Contact
Philip Carlson 
KCSA Strategic Communications
TRTC@kcsa.com     
212-896-1238

 
TERRA TECH CORP. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS
(UNAUDITED)
                             
    Three Months Ended   Six Months Ended
    June 30,   June 30,
    2018     2017   2018     2017
                     
Total Revenues    $   8,718,177        $   7,842,873      $   17,333,543        $   14,667,329  
Cost of Goods Sold       6,509,754           6,336,500         13,477,680           12,801,893  
                             
Gross Profit       2,208,423           1,506,373         3,855,863           1,865,436  
                             
Selling, General and Administrative Expenses       8,002,370           6,029,287         16,424,918           12,415,587  
                             
Loss from Operations       (5,793,947 )         (4,522,914 )       (12,569,055 )         (10,550,151 )
                             
Other Income (Expense):                            
Amortization of Debt Discount       (417,363 )         (515,654 )       (885,680 )         (1,126,270 )
Loss on Extinguishment of Debt       (3,127,477 )         (1,639,137 )       (7,858,723 )         (2,678,595 )
Gain (Loss) on Fair Market Valuation of Derivatives       (1,653,000 )         987,200         628,000           2,597,950  
Interest Expense, Net       (331,379 )         (130,510 )       (591,000 )         (288,343 )
Loss on Fair Market Valuation of Contingent Consideration       –            (77,286 )       –            (4,426,047 )
Gain on Settlement of Contingent Consideration       –            4,991,571         –            4,991,571  
                             
Total Other Income (Expense)       (5,529,219 )         3,616,184         (8,707,403 )         (929,734 )
                             
Net Loss       (11,323,166 )         (906,730 )       (21,276,458 )         (11,479,885 )
Net Income (Loss) Attributable to Non-Controlling Interest       104,837           (452,961 )       183,465           (914,128 )
                             
NET LOSS ATTRIBUTABLE TO TERRA TECH CORP.    $   (11,428,003 )      $   (453,769 )    $   (21,459,923 )      $   (10,565,757 )
                             
Net Loss Per Common Share Attributable to Terra
Tech Corp. Common Stockholders – Basic and
Diluted
  $   (0.17 )     $   (0.01 )   $   (0.32 )     $   (0.28 )
                             
Weighted-Average Number of Common Shares
Outstanding – Basic and Diluted
    68,734,997         38,873,092       66,734,450         38,349,946  
 

 

TERRA TECH CORP. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
                 
    June 30,     December 31,  
    2018     2017  
    (Unaudited)        
ASSETS
             
Current Assets:            
Cash   $ 5,153,608       $ 5,445,582    
Accounts Receivable     1,210,446         959,698    
Notes Receivable     6,158,731         5,010,143    
Inventory     3,840,773         5,760,019    
Assets Held for Sale     904,352           –     
Prepaid Expenses and Other Current Assets     1,086,989         1,067,689    
                 
Total Current Assets     18,354,899         18,243,131    
                 
Property, Equipment and Leasehold Improvements, Net     34,940,408         19,191,616    
Intangible Assets, Net     26,696,348         27,773,110    
Goodwill     28,921,260         28,921,260    
Other Assets     878,098         4,058,682    
                 
TOTAL ASSETS   $ 109,791,013       $ 98,187,799    
                 
LIABILITIES AND STOCKHOLDERS’ EQUITY
LIABILITIES:                
Current Liabilities:                
Accounts Payable and Accrued Expenses   $ 4,076,973       $ 5,444,710    
Derivative Liabilities     1,891,400         9,331,400    
                 
Total Current Liabilities       5,968,373           14,776,110    
                 
Long-Term Liabilities:                
Long-Term Debt, Net of Discounts       12,811,403           6,609,398    
                 
Total Long-Term Liabilities       12,811,403           6,609,398    
                 
Total Liabilities     18,779,776         21,385,508    
                 
COMMITMENTS AND CONTINGENCIES                
                 
STOCKHOLDERS’ EQUITY:                
Preferred Stock, Convertible Series A, Par Value 0.001:       –            –     
100 Shares Authorized as of June 30, 2018 and December 31, 2017; 8 Shares
Issued and Outstanding as of June 30, 2018 and December 31, 2017
Preferred Stock, Convertible Series B, Par Value 0.001:       –            –     
49,999,900 Shares Authorized as of June 30, 2018 and December 31, 2017; 0
Shares Issued and Outstanding as of June 30, 2018 and December 31, 2017
Common Stock, Par Value 0.001:       70,853           61,819    
990,000,000 Shares Authorized as of June 30, 2018 and December 31, 2017;
70,852,978 and 61,818,560 Shares Issued and Outstanding as of June 30, 2018 and
December 31, 2017, respectively
Additional Paid-In Capital     216,839,872         181,357,715    
Accumulated Deficit       (127,008,525 )         (105,548,602 )  
                 
Total Terra Tech Corp. Stockholders’ Equity     89,902,200         75,870,932    
Non-Controlling Interest       1,109,037           931,359    
                 
Total Stockholders’ Equity     91,011,237         76,802,291    
                 
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY   $ 109,791,013       $ 98,187,799    
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8-3-18 SmallCapVoice Interview with Hut 8 Mining Corp. (HUTMF)

Hut 8 Mining Corp. (“Hut 8” or the “Company”) (HUT.V) (HUTMF) CEO Andrew Kiguel called in to SmallcapVoice.com to discuss his company’s unique approach and offerings in the cryptocurrency space, their competitive advantages, recent news, stellar team of executives and directors and much more. Hut 8 Mining Corp., headquartered in Toronto, Canada is a cryptocurrency mining and blockchain infrastructure company established through an exclusive arrangement with the Bitfury Group, the world’s leading full-service blockchain technology company. Through the Bitfury Group, Hut 8 has access to a world-leading proprietary mix of hardware, software and operational expertise to construct, optimize and manage datacentres in low-cost and attractive jurisdictions. Hut 8 is led by a team of industry experts and intends to provide investors with exposure to blockchain processing infrastructure and technology along with underlying cryptocurrency rewards and transaction fees.
Hut 8 provides investors with direct exposure to bitcoin, without the technical complexity or constraints of purchasing the underlying cryptocurrency. Investors avoid the need to create online wallets, wire money offshore and safely store their bitcoins. Hut 8 provides a secure and simple way to invest.

Key investment highlights and FAQ’s: https://www.hut8mining.com/investors.

Keep up-to-date on Hut 8 events and developments and join our online communities at Facebook, Twitter, Instagram and LinkedIn.

This interview may include forward looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this release. Although the Company believes that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof.

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7-18-18 SmallCapVoice Interview with Franchise Holdings International, Inc. (FNHI)

Steven Rossi, CEO and president of Franchise Holdings International, Inc. (Pink Sheets: FNHI) called in to SmallCapVoice.com to go over the business model, markets, management team, recent milestones and 2018 outlook for the Company. Worksport, Franchise Holdings International’s wholly owned subsidiary, was founded in 2011 to breathe innovation into existing tonneau / truck-bed cover marketplace. Worksport, a manufacturer of high quality, cost effective tonneau covers for the light duty truck market. The company’s product line offers innovation, affordability and dependability which is the sweet spot for this market. Worksport currently serves customers in Canada and the United States.

For further details, enjoy their latest – SHAREHOLDER UPDATE – Investor Q&A hour, where CEO Steven Rossi reveals the latest updates on progress, goals and achievements. Listen to the conference call here: https://franchiseholdingsinternational.com/media/conference-calls/

This interview may include forward looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this release. Although the Company believes that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof.

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Chineseinvestors.com, Inc. (CIIX)

7-10-18 SmallCapVoice Interview with Chineseinvestors.com, Inc. (CIIX)

Chineseinvestors.com, Inc. (CIIX)

Chineseinvestors.com, Inc. (OTC.QB: CIIX) CEO, Warren Wang, called in to SmallCapVoice.com, Inc. to go over the recent news and highlights for the Company here in Summer of 2018. Recently, the Company announced that it has retained the law firm of CKR Law, LLP to assist it with setting up its own Bitcoin ATM network in California, with the first Machines to be placed in Chinese Communities in the Los Angeles area. Earlier this summer, the Company entered into a licensing partnership with The Bad Crypto Podcast to re-distribute the podcast’s most popular interviews on http://www.newcoins168.com, in Chinese.

Founded in 1999, ChineseInvestors.com endeavors to be an innovative company providing: (a) real-time market commentary, analysis, and educational related services in Chinese language character sets (traditional and simplified); (b) advertising and public relation related support services; and (c) retail, online and direct sales of hemp-based products and other health related products.

For more information visit ChineseInvestors.com

Subscribe and watch our video commentaries: https://www.youtube.com/user/Chinesefncom

Follow us on Twitter for real-time Company updates: https://twitter.com/ChineseFNEnglsh

Like us on Facebook to receive live feeds: https://www.facebook.com/Chinesefncom;

https://www.facebook.com/Chineseinvestors.com.english

This interview may include forward looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this release. Although the Company believes that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. SmallCapVoice.com, Inc. received $8,000 from a third party on behalf of the issuer on 1-23-17 120 days of service. SmallCapVoice.com, Inc. received $2,500 from a third party on behalf of the issuer on 6-23-17 30 days of service. SmallCapVoice.com, Inc. received $2,500 from a third party on behalf of the issuer on 7-23-17 30 days of service. SmallCapVoice.com, Inc. received $2,500 from a third party on behalf of the issuer on 8-23-17 30 days of service. SmallCapVoice.com, Inc. received $2,500 from a third party on behalf of the issuer on 9-23-17 30 days of service. SmallCapVoice.com, Inc. received $2,500 from a third party on behalf of the issuer on 10-23-17 30 days of service. SmallCapVoice.com, Inc. received $2,500 from a third party on behalf of the issuer on 11-23-17 30 days of service. SmallCapVoice.com, Inc. signed a six month contract for $2,000 per month with a third party on behalf of the issuer on 1-22-18.

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