TERRA TECH CORP. (OTCMKTS:TRTC) Files An 8-K Changes in Registrant’s Certifying AccountantItem 4.01 Changes in Registrant’s Certifying Accountant.
On January 30, 2018, Terra Tech Corp. (the “Company”) engaged Benjamin & Young LLP (“B&Y”) as its registered public accounting firm for the Company’s 2015 fiscal year. The decision to appoint B&Y was approved by the Audit Committee of the Company’s Board of Directors. This engagement was necessary because the Company’s previous registered public accounting firm for the 2015 fiscal year had been dismissed by the Company on November 22, 2016 as previously reported and is now unable to provide a consent for that year for the Company’s 2017 Annual Report on Form 10-K. The Company’s existing registered public accounting firm, Macias Gini & O’Connell LLP, will continue as the Company’s registered public accounting firm for the 2016 and 2017 fiscal years.
During the Company’s two most recent fiscal years and through January 30, 2018, neither the Company nor anyone on its behalf consulted with B&Y with respect to any of (i) the application of accounting principles to a specified transaction, either completed or proposed or the type of audit opinion that might be rendered on the Company’s financial statements; or (ii) any matter that was either the subject of a disagreement (as defined in Item 304(a)(1)(iv) of Regulation S-K) or an event of the type described in Item 304(a)(1)(v) of Regulation S-K.
About TERRA TECH CORP. (OTCMKTS:TRTC)
Terra Tech Corp. is a cannabis-focused agriculture company. The Company operates through two segments: Hydroponic Produce and Cannabis Products. The Company, through its subsidiary, GrowOp Technology Ltd., is engaged in the design, marketing and sale of hydroponic equipment. It is also a retail seller of locally grown hydroponic produce, herbs, and floral products through its subsidiary, Edible Garden Corp. (Edible Garden). It intends to operate medical marijuana cultivation, production and dispensary facilities in Nevada through its subsidiaries, MediFarm, LLC (MediFarm), MediFarm I, LLC (MediFarm I) and MediFarm II, LLC (MediFarm II). Through its subsidiary, IVXX, Inc. (IVXX), it produces and sells a line of cannabis flowers and cigarettes, among others. The hydroponic produce segment consists of Edible Garden’s business and operations. Its cannabis products segment consists of IVXX’s business, as well as the proposed business operations of MediFarm, MediFarm I and MediFarm II.
