{"id":4227,"date":"2014-03-27T12:13:30","date_gmt":"2014-03-27T12:13:30","guid":{"rendered":"\/?p=4227"},"modified":"2014-03-27T12:13:53","modified_gmt":"2014-03-27T12:13:53","slug":"tranzbyte-corp-otcmktserbb-stumbles-after-rise","status":"publish","type":"post","link":"\/articles\/tranzbyte-corp-otcmktserbb-stumbles-after-rise\/","title":{"rendered":"Tranzbyte Corp. (OTCMKTS:ERBB) Stumbles After Rise"},"content":{"rendered":"\n<p style=\"margin-bottom: 0in;\"><img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/05ERBB_chart.png\" border=\"0\" width=\"400\" height=\"178\" \/>Tranzbyte Corp. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ERBB\">ERBB<\/a>) had been on an aggressive rise ever since March 14. Said ascent took it to the top of the charts for a time, but did not last. <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ERBB\">ERBB<\/a> suddenly ground to a halt on Tuesday, and yesterday&#8217;s session took the ticker another 17.44% down.<\/p>\n<p style=\"margin-bottom: 0in;\">Now, with the end of March approaching fast, the final release of <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ERBB\">ERBB<\/a>&#8216;s ZaZZZ vending machine is still nowhere in sight. Company COO ?nsured investors on multiple occasions, that this project is the hot new thing that would bring <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ERBB\">ERBB<\/a> on the right track. However, vague announcements, unclear promises and optimistic well-wishing without any real evidence of progress can only push the ticker up for so long. <\/p>\n<p style=\"margin-bottom: 0in;\">Meanwhile the red flags surrounding the company just keep piling up. Primary among those is the insight provided by the company&#8217;s latest Quarterly report, the one covering the period ended Dec 31, 2013:<\/p>\n<p style=\"margin-bottom: 0in;\">&nbsp;<\/p>\n<ul>\n<li>Cash on hand &#8211; $2,665<\/li>\n<li>Total assets &#8211; $3.8 million<\/li>\n<li>Total liabilities &#8211; $5.8 million<\/li>\n<li>Quarterly revenues &#8211; $86 thousand<\/li>\n<li>Quarterly net loss &#8211; $323 thousand<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p style=\"margin-bottom: 0in;\"><img loading=\"lazy\" decoding=\"async\" style=\"float: left;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/443ERBB_log.png\" border=\"0\" width=\"120\" height=\"20\" \/>News of <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ERBB\">ERBB<\/a>&#8216;s agreement with IMD Companies Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ICBU\">ICBU<\/a>) for co-marketing the Jurassic Oxygenation System with <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ICBU\">ICBU<\/a>&#8216;s EMC-5000 Environmental Controller managed to keep <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ERBB\">ERBB<\/a> afloat for a while. By now, with the hype generated by the announcement long gone, it&#8217;s no wonder the company is crashing again. Only time will tell if <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ERBB\">ERBB<\/a> will be able to turn this plummet around.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tranzbyte Corp. (OTCMKTS:ERBB) had been on an aggressive rise ever since March 14. Said ascent took it to the top of the charts for a time, but did not last. ERBB suddenly ground to&#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":[173,1239],"class_list":["post-4227","post","type-post","status-publish","format-standard","hentry","category-news","tag-erbb","tag-icbu"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/4227","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=4227"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/4227\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=4227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=4227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=4227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}