{"id":2170,"date":"2013-07-29T14:14:54","date_gmt":"2013-07-29T14:14:54","guid":{"rendered":"\/?p=2170"},"modified":"2013-07-29T14:15:09","modified_gmt":"2013-07-29T14:15:09","slug":"tranzbyte-corp-otcmktserbb-slides-on-massive-sales","status":"publish","type":"post","link":"\/articles\/tranzbyte-corp-otcmktserbb-slides-on-massive-sales\/","title":{"rendered":"Tranzbyte Corp (OTCMKTS:ERBB) Slides On Massive Sales"},"content":{"rendered":"

\"7ERBBchart1.png\"On Friday Tranzbyte Corp. (OTCMKTS:ERBB<\/a>) dropped down by 10% on even greater traded volume of 103 million shares. Once again the company rose to prominence on the back of a pump campaign and PR releases which marked their seventh promotion. <\/p>\n

As always the interest in the stock was sparked by yet another acquisition, this time of OneBode Holdings and OneBode Ventures. These companies offer whole food nutrients for a better lifestyle. But that’s not what drove the throngs of enthusiast to invest in them. They were lured by the name of Steve Nash, a NBA superstar and 2-Time MVP, who will spearhead the marketing campaign advertising OneBode’s products. <\/p>\n

It seems that using NBA players in order to boost their stocks is the fad nowadays among pennystocks with ERBB<\/a> the latest one to join. Premier Brands, Inc. (OTCMKTS:BRND<\/a>) shot up to become one of the most traded stocks on the market because of Dennis Rodman’s “Bad Boy” vodka while before that Montalvo Spirits, Inc. (OTCBB:TQLA<\/a>) featured Shaquille O’Neal praising their premium tequilas.<\/p>\n

Both companies suffered corrections but no where near as fast as ERBB<\/a>. On the day it released the news it enjoyed only a couple of hours of buying and immediately started sliding down closing just 3% above the previous close followed by even bigger dumping of stock on Friday as we said.<\/p>\n

We must admit that it is really hard to stay enthusiastic about ERBB<\/a>. The company comes up with new acquisitions and operations almost every month. In April they announced the launching of a system of automated vending dispensers for marijuana at some point during the next quarter, then they acquired the YO! debit card network but the financials we can rely on are as dismal as ever :<\/p>\n