Las Vegas, NV -- (SBWIRE) -- 02/27/2013 -- Terra Tech Corp (OTC:TRTC) gives an update about merger with GroRite Garden Centers and NB Plants/ Edible Garden. TRTC signed LOI’s to acquire these two companies. Once the merger is accomplished, it will pull annual revenues to over $10 million for Terra Tech Corp.
Currently, Terra Tech Corp is working on definitive documents that would close the transaction. TRTC has finished the negotiations with the two companies and attorneys have started to draft documents for both sides.
CEO of TRTC, Derek Peterson is excited about the progress and he said that these mergers will result in significant growth of the company. He spread light on the company’s upcoming goals of cultivating environmentally superior, safer and nutritious product for customers.
To find out what OTCMAGIC projects for Terra Tech Corp for both short term and long term please click here: TRTC
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