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Penny Stocks On The Move: Terra Tech Corp (OTCMKTS:TRTC), Linn Energy LLC (NASDAQ:LINE), LinnCo LLC (NASDAQ:LNCO), Inventergy Global Inc (NASDAQ:INVT)

Daily Stock Reporter is issuing a report on four stocks to watch. Terra Tech Corp (OTCMKTS:TRTC), Linn Energy LLC (NASDAQ:LINE), LinnCo LLC (NASDAQ:LNCO), and Inventergy Global Inc (NASDAQ:INVT) have been added to our watch list today. Continue reading to find out why. – To get daily alerts on top stocks on the OTC, Nasdaq and NYSE subscribe to our newsletter at DailyStockReporter.com.

Terra Tech Corp (OTCMKTS:TRTC) announced today (4/5) that it has launched a new line of pre-filled, IVXX-branded medical cannabis cartridges. According to the company, an initial order for approximately $170,000, or 10,000 units, has been received from one of Terra Tech’s distributors. Terra Tech Corp., through its wholly-owned subsidiary GrowOp Technology, specializes in controlled environment agricultural technologies. Since hitting lows on March 21 of $0.2162, shares of TRTC have increased in price by as much as 53% following morning highs on Tuesday April 5th of $0.33

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Linn Energy LLC (NASDAQ:LINE) recently announced in March that LinnCo has commenced an offer to exchange each outstanding unit of LINN Energy, LLC for one LinnCo share. According to the company, the purpose of the Exchange Offer is to permit holders of LINN units to maintain their economic interest in LINN through LinnCo, an entity that is taxed as a corporation rather than a partnership, which may allow LINN unitholders to avoid future allocations of taxable income and loss, including cancellation of debt income, that could result from future debt restructurings or other strategic transactions by LINN. On Tuesday morning the stock saw an increase in piece an volume. Shares of LINE traded as high as $0.3498 and were up as much as 29.5% from the opening bell price.

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LinnCo LLC (NASDAQ:LNCO) is also part of the above mentioned exchange agreement. On Tuesday shares of LNCO also increased in price and volume.  The company’s stock hit highs of $0.335 after opening the day at 0.2621.  This was an overall move of 28% before the lunch hour.  With regard to the exchange agreement, LinnCo stated that it believes that many LINN unitholders may benefit by participating in the Exchange Offer.  However, because the tax situation of each LINN unitholder is unique, LinnCo recommended that each LINN unitholder consult with such unitholder’s own individual tax advisor to determine whether it is in such unitholder’s best interest to participate in the Exchange Offer.

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Inventergy Global Inc (NASDAQ:INVT) increased by more than 65% on Tuesday compared to its previous close on Monday (4/4) of $1.98.  The company reported its annual results on April 4.  Revenue of $4,888,302 for the twelve months ended December 31, 2015 was up 580% compared to the same period in the prior year. According to the company, the increase was due to the Company’s successful sale of two patent families for $4 million, patent licensing and litigation settlement contracts, which totaled $603,571 and access control security product/service lines acquired in the merger of $284,731.

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