{"id":4081,"date":"2014-03-11T12:12:37","date_gmt":"2014-03-11T12:12:37","guid":{"rendered":"\/?p=4081"},"modified":"2014-03-11T12:12:39","modified_gmt":"2014-03-11T12:12:39","slug":"tranzbyte-corp-otcmktserbb-pushes-up","status":"publish","type":"post","link":"\/articles\/tranzbyte-corp-otcmktserbb-pushes-up\/","title":{"rendered":"Tranzbyte Corp. (OTCMKTS:ERBB) Pushes Up"},"content":{"rendered":"<p> <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/94ERBB_chart.png\" border=\"0\" alt=\"94ERBB_chart.png\" title=\"94ERBB_chart.png\" width=\"450\" height=\"201\" \/>Yesterday Tranzbyte Corp. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ERBB\">ERBB<\/a>) managed to push to a close nearly 17% up. Share volume kicked back into six digits, at 130 million shares changing hands. <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ERBB\">ERBB<\/a> stopped at $0.037 by the closing bell. <\/p>\n<p>What is making <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ERBB\">ERBB<\/a> inch closer to its newly recorded highs of $0.039? Mostly trader excitement, fueled by the press releases the company keeps pushing out. <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ERBB\">ERBB<\/a>&#8216;s last red streak was interrupted by the company&#8217;s latest press release coming out on March 4, informing of new tests conducted by a division of <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ERBB\">ERBB<\/a> and Bloom Dispensaries.<\/p>\n<p><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ERBB\">ERBB<\/a> filed its latest quarterly in late February and it contained more or less the same deflating figures found in the previous one:<\/p>\n<ul>\n<li>$2 thousand in cash<\/li>\n<li>$3.6 million in current liabilities<\/li>\n<li>$86 thousand in quarterly revenues<\/li>\n<li>$323 thousand in quarterly net loss<\/li>\n<\/ul>\n<p>The main reason people are excited about <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ERBB\">ERBB<\/a> is not the company&#8217;s revenue streams but its ZaZZZ trademarked vending machine that will hopefully start making money for the company soon. <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ERBB\">ERBB<\/a> previously announced an agreement with Cyber Kiosk Solutions, Inc., f\/k\/a Dynasty Limousine, Inc. (OTCMKTS:CYBK), who provided the software for the vending machines. CYBK is a pink sheet enterprise with negative cash and negative total current assets on its last report that was also recently targeted by stock pumps.<\/p>\n<p>The great expectations are now riding on <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ERBB\">ERBB<\/a>&#8216;s announcement that Herbal Elements LLP, a dispensary in the state of Colorado, will be the &#8216;first recipient&#8217; of the company&#8217;s ZaZZZ machine. The release doesn&#8217;t make it entirely clear what exactly the agreement covers, except that Herbal Elements will &#8216;assist&#8217; in the machine&#8217;s rollout in Colorado. Dispensary owner Mr. Honan will work with <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ERBB\">ERBB<\/a> to &#8216;supply the company with important aspects&#8217; of how ZaZZZ will best fit into the state&#8217;s market space, whatever that may mean. The PR does not mention any sales numbers or other specifics.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: left;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/25ERBB_logo.jpg\" border=\"0\" alt=\"25ERBB_logo.jpg\" title=\"25ERBB_logo.jpg\" width=\"120\" height=\"18\" \/>Investors are really eager to hear more about the success of ZaZZZ and its endorsement by retailers, especially after the last announcement of a first ZaZZZ customer fell through. In late January <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ERBB\">ERBB<\/a> announced that PARC Dispensary would be the &#8216;first to carry&#8217; the vending machine. Sadly, that didn&#8217;t happen as <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ERBB\">ERBB<\/a> informed that the deal fell through five days later.<\/p>\n<p>Other big pot stock movers in Monday&#8217;s session include Growlife, Inc. (OTCBB:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=PHOT\">PHOT<\/a>) and Hemp, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=HEMP\">HEMP<\/a>) who both outpaced <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ERBB\">ERBB<\/a> in terms of dollar volume and closed respectively 11% and 16% up.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yesterday Tranzbyte Corp. (OTCMKTS:ERBB) managed to push to a close nearly 17% up. Share volume kicked back into six digits, at 130 million shares changing hands. ERBB stopped at $0.037 by the closing bell.&#46;&#46;&#46;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[173,228,21],"class_list":["post-4081","post","type-post","status-publish","format-standard","hentry","category-news","tag-erbb","tag-hemp","tag-phot"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/4081","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=4081"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/4081\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=4081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=4081"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=4081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}