Sunday, December 29, 2013 2:54:32 PM
OneBode Holdings, LLC
The Company acquired OneBode Holdings for $2,000,000 payable in common stock over 18 months based upon the average bid and ask price of Tranzbyte common shares for the previous 30 day period as listed on OTC Markets. The acquisition of OneBode Holdings was valued at $43,606 in current assets and $3,103,303 in Proprietary Formulations and Goodwill.
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OneBode Ventures, LLC
The Company acquired OneBode Holdings for $500,000 payable in common stock over 18 months based upon the average bid and ask price of Tranzbyte common shares for the previous 30 day period as listed on OTC Markets.
Yo Corporation
The Company acquired Yo Corporation for $250,000 payable in 10,000,000 shares of common stock valued at $40,000 on May 13, 2013 and $15,000 of common stock a month over 14 months based upon the average bid and ask price of Tranzbyte common shares for the previous 30 day period as listed on OTC Markets. The intellectual property of the Company was valued at $250,000 because all of the logistics to have a working debit card anywhere Mastercard is accepted was acquired.
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