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Great Article From MMJBusinessDaily
Investment monies coming in....
http://mmjbusinessdaily.com/week-in-review-mainstream-investors-starting-to-eye-green-rush/?nomobile=1
Best Argument For Banking Involvement
Taxes. It's not like these dispensaries are going to send boxes of cash to the state IRS. Banks must be able to handle the funds.
"Dude, Where's My PR?"
That's the story of next week.
I'm pretty sure the end of week activity was mostly from flippers getting long and shorts covering in case of a monster PR. The excitement reminds me of trading @APL on earnings days or their tech conferences.
My concerns are based on Tranzbytes past performance. Hopefully the Zazzz Machines are compliant and ready for placement by next week at the earliest. I worry about regulatory hurdles and if Tranzbytes management has take the necessary steps to launch in Colorado. Considering what a debacle the PARC release was, anything is possible.
However, ERBB's share price has still held up well despite the nonsense with the failed PARC launch. There has been some strong support at .03 and I'd be buying anywhere below .025 and would even think about selling until .10
I think the natural progression here is that ERBB will shortly be announcing more machine deals. I think the 1000 machines year end goal is a little aggressive. A mere 10% of that would be remarkable.
Either way, look for some news this coming week
Correction Jeranimo
And This Is When The Real Hype Begins
You will be making the trip. I'll be in Telluride in a little more than a week and I'm sincerely hoping the machine will be in place by the time I am in CO. I'll definitely make a day trip of it. Maybe I can convince my good buddy in Telluride to buy a few millions ERBB shares and hook up a G4 ride to Eagle-Vail.
But once that machine gets in place, fugghedaboutit. You and I won't matter. CNBC, CNN, FOX and every other news program is going to smother Herbal Elements with interest.
CashKlowning Around
2.2b shares are "outstanding", 4.8b are "authorized".
400m of 2.4b is 17%
Either way owning more than 1% would make one an "insider" and it would be illegal for you to post on public forums.
Look I'm not doubting you may have bought at .0013, I got in for a magila around .0017 myself but I can tell you with absolute certainty you did not "get in" with 400m shares.
I'm happy to have another long term player here but making up this sort of silliness only hurts the credibility of ERBB and yourself
CashKing That's Totally Absurd
As another poster pointed out your claim to hold 400m shares is laughably hilarious. Maybe I'd believe 40m, and certainly 4m since I hold more than that but 400m just makes me giggle.
It isn't the dollar value either, although even at .005 that would be a $2m buy. You simply do not own 17% of the company as owning just 1% would make you an insider and posting here would be illegal.
I like your enthusiasm but lies like this will do nothing for ERBB. You may be able to fools some rubes here on the message boards but anyone with half a brain or more than 1 week of experience in the markets can see right through the nonsensical claims.
Rolo731 Wtf Are You Talking About?
I've Been Around
Work has consumed much of my time which takes me away from investing. During the limited free time I have been a little more active in my final MJ play. MJNA has been great to me but I am fully vested, taking my final profits above .40 a few weeks ago. Currently MJNA is my number two largest MJ holding behind ER8B. For a long time MJNA was number 1 but I bought a pretty absurd amount of ER8B last November and the .025 gain since has minted me a small fortune of realized profits as well as a nice core position which I added to this week using the aforementioned profits.
As for buying MJNA, I'd advise taking nibbles but not using margin at these higher levels. If the other stock mentioned above plays out as I have targeted, once i take more profits there, I would use the funds to add 25% to my MJNA holdings. Right now those are the only 2 MJ stocks I am buying or looking to buy.
I think MJNA is drastically undervalued. MJNA's approximate 4.5m shares of CANV are worth MJNA's entire market cap. Obviously those holdings are not the most liquid assets but the numbers are there. Cibaderm, HempMeds and all the other ventures seem to be growing nicely. If MJNA can unlock the Dixie mess the stock could easily be worth $1 over the next few months
Gupta's Back for Round 2
http://www.cnn.com/2014/03/05/health/gupta-medical-marijuana/index.html?hpt=hp_c3
Momo keeps chugging along
LostCoast That's So Wrong
I have spoken to that Tejon St dispensary twice. The first call, I was given Brian Cooks number and urged to call him for questions regarding any affiliation. I then tried to call Cook but had to leave a voicemail. I call the dispensary again and left them my phone number for Brian to call back. Two days later Brian called and we discussed the company and industry.
I gave my word to Brian that our discussion was off the record, but just as you say! I highly recommend any investors to follow the same steps I did to get some peace of mind.
Maybe you did call and get a clueless employee. However, I got a different person both times and each one was clearly made aware of questions like mine. Perhaps you got a noob. Heck call up Taco Bell and ask them about Yum Brands, Taco Bells parent company. I'd bet 50% of the Taco Bell employees will have no clue what Yum Brands is.
ERBB - Cruise Control Until .22
I've increased my position by 20% over the past few days after selling 30% of my holdings from November 2013, netting a 2000% gain and paying for the remaining position plus the recent addition. My cost basis is just below a penny so I got nothing but time. Therefore I'm throwing it in cruise control from here. Until it comes time to switch gears, some thoughts for the downtime.
I'd expect ERBB to be valued at $500m in the near future. Based on the competitor's valuation, ERBBs market cap could get there if and once the Zazzz Machine is actually placed. I say "if" because the machine is long overdue with some blown, self proclaimed deadlines dating back to Q3 2013. Don't get me wrong, just keeping it real here. I am proceeding under the assumption that the Rise of the Zazzz Machines is upon us and any day now we will hear of placement in Herbal Elements (HE). There are too many companies involved here for this to fail or be a fraud; Tranzbyte, OneBode, Vending Design Works, Herbal Elements, Beyondmars.....
So $500m. Again that is based on MD8X valuation and what I believe ERBBs outstanding share count (not authorized shares) of 2.8b multiplied by .22 is approximately $500m+. Unfortunately because ERBBs earnings are truly unknowable at this time it is difficult to give a valuation based on fundamental analysis of revenue v operations/liabilities or more importantly, revenue projections.
Forward looking projections are a major part of investing and trading. There are plenty of existing and developing market trends in the blooming cannabis industry as the once black market grays. Colorado is providing a shining example of successful recreational legalization. There has not been a drastic increase of violence, DUIs, or arrests associated with marijuana. Amazingly people are still going to work and couches have not been over-worn due to overtime from recreational use. And another state, Washington comes online in just a few months.
The momentum continues through 2014 as DC just decriminalized marijuana. Hopefully this, along with WA and CO will lead to a decrease in unjust and racist arrests in these areas. CO is also experiencing a tax windfall from legalization which provides money for schools and other programs. All good news on the political front as marijuana acceptance is at an all time high, as much as 58% across the nation. The medical and legal recreational political issue will be a great platform for either US political party, especially the out of touch Republicans who need a progressive platform to swing their politics a little more towards the center. Republicans should love the tax revenues, state rights, less federal government intervention aspects as well as a boost to farming / rural areas with a new crop of hemp and cannabis to be grown.
The annual US black market for flower based cannabis is estimated between $25-125b and that pretty much only includes smokables. Today as we have seen in Colorado, edibles are gaining enormous popularity. ERBB is uniquely suited to profit off this explosive growth. While most people like to see, smell and squeeze the bud they intend to buy, when buying edibles customers don't need to inspect the product as thoroughly, therefore a vending machine is an ideal method of distribution. And what better than a state of the art machine customers could use to check inventory, preorder and even pay with from their iPhone.
Folks I'm not into flipping pennies. I have traded many stocks over the years and made some enormous profits buying some great companies at ridiculously low prices only to hold them as the gain more value. I have a substantial ERBB position and I will play it like this;
ERBB in my MJ portfolio. As I projected, I think .20+ is in the cards. There are a few worries like the sub penny gap in early Jan 2014. I'd be surprised if ERBB crashed that low but it's always in the cards.
Bullish Outlook
Selling 10% at .10
Selling 20 at .20
Bearish Outlook
Selling 50% at .015
Buying 100% at .004
High Powered by Dre
Cruise Control Until .22
I've increased my position by 20% over the past few days after selling 30% of my holdings from November 2013, netting a 2000% gain and paying for the remaining position plus the recent addition. My cost basis is just below a penny so I got nothing but time. Therefore I'm throwing it in cruise control from here. Until it comes time to switch gears, some thoughts for the downtime.
I'd expect ERBB to be valued at $500m in the near future. Based on the competitor's valuation, ERBBs market cap could get there if and once the Zazzz Machine is actually placed. I say "if" because the machine is long overdue with some blown, self proclaimed deadlines dating back to Q3 2013. Don't get me wrong, just keeping it real here. I am proceeding under the assumption that the Rise of the Zazzz Machines is upon us and any day now we will hear of placement in Herbal Elements (HE). There are too many companies involved here for this to fail or be a fraud; Tranzbyte, OneBode, Vending Design Works, Herbal Elements, Beyondmars.....
So $500m. Again that is based on MD8X valuation and what I believe ERBBs outstanding share count (not authorized shares) of 2.8b multiplied by .22 is approximately $500m+. Unfortunately because ERBBs earnings are truly unknowable at this time it is difficult to give a valuation based on fundamental analysis of revenue v operations/liabilities or more importantly, revenue projections.
Forward looking projections are a major part of investing and trading. There are plenty of existing and developing market trends in the blooming cannabis industry as the once black market grays. Colorado is providing a shining example of successful recreational legalization. There has not been a drastic increase of violence, DUIs, or arrests associated with marijuana. Amazingly people are still going to work and couches have not been over-worn due to overtime from recreational use. And another state, Washington comes online in just a few months.
The momentum continues through 2014 as DC just decriminalized marijuana. Hopefully this, along with WA and CO will lead to a decrease in unjust and racist arrests in these areas. CO is also experiencing a tax windfall from legalization which provides money for schools and other programs. All good news on the political front as marijuana acceptance is at an all time high, as much as 58% across the nation. The medical and legal recreational political issue will be a great platform for either US political party, especially the out of touch Republicans who need a progressive platform to swing their politics a little more towards the center. Republicans should love the tax revenues, state rights, less federal government intervention aspects as well as a boost to farming / rural areas with a new crop of hemp and cannabis to be grown.
The annual US black market for flower based cannabis is estimated between $25-125b and that pretty much only includes smokables. Today as we have seen in Colorado, edibles are gaining enormous popularity. ERBB is uniquely suited to profit off this explosive growth. While most people like to see, smell and squeeze the bud they intend to buy, when buying edibles customers don't need to inspect the product as thoroughly, therefore a vending machine is an ideal method of distribution. And what better than a state of the art machine customers could use to check inventory, preorder and even pay with from their iPhone.
Folks I'm not into flipping pennies. I have traded many stocks over the years and made some enormous profits buying some great companies at ridiculously low prices only to hold them as the gain more value. I have a substantial ERBB position and I will play it like this;
ERBB in my MJ portfolio. As I projected, I think .20+ is in the cards. There are a few worries like the sub penny gap in early Jan 2014. I'd be surprised if ERBB crashed that low but it's always in the cards.
Bullish Outlook
Selling 10% at .10
Selling 20 at .20
Bearish Outlook
Selling 50% at .015
Buying 100% at .004
High Powered by Dre
Good to See LBD Back on the Board
Poor fella disappeared for a while as ERBB rocketed from .005 to .044 after he bashed it the whole way up.
It's always comforting to see the bashers step in because it has precipitated all great moves up.
Buy the fear folks. BUY THE FEAR!
Today's PR -Read Between the Lines
While the newly specialized growing technique is fascinating on its own, ERBB has just made public their involvement in the actual cultivation of cannabis. This is a bold move for a publicly traded company. As the legal cannabis market blooms, most public MJ companies have distanced themselves from THC based business, focusing on the periphery of the new industry.
Not Tranzbyte.
In a few months and years, the periphery goods and services will be where the real money is made; vending machines, growing equipment, vaporizers.....but right now we all know the lions share of money is going to the cannabis growers and suppliers of legal and medical shops, as well as the shop owners themselves. ERBB just took a headlong leap into this space by developing and licensing a better growing technique that could give them a major competitive advantage.
Bold move ERBB, bold move indeed.
Geez Guess My Growing Knowledge is Prehistoric
I remember being amazed by how much more yield one could get using CO2 with hydro. It's been about 5 years since I last grew 4 plants for nostalgia and about 15 years since blowing out a house in Upstate NY with a group of friends.
What a crazy development / venture for Tranzbyte.
Kudos to the WolfofWeedSt
I don't have a Twitter account and only follow WolfofWeedSt via this message board. I also read Seeking Alpha even less.
But the Wolf's instablog NAILED IT! Seeking Alpha is run by incompetents for not making that piece a widely distributed, official article. That was some of the best breaking information I have read to date on any company.
The Wolf's disclosure about the prehistoric growing technique licensed by Tranzbyte is top notch.
Thanks to the WolfofWeedSt, the Wolfpack and all the posters here for keeping the credible information flowing through the channels.
Cheers!
MJNA's Holdings in CANV Worth Over $700m?
According to that post MJNAs holdings in CANV are worth about $706,508,383 based on CANVs closing price today.
1/29/2013 MJNA receives 900k shares of CANV
4/4/2013 MJNA receives 1m shares of CANV
7/23/2013 MJNA receives 1,208,334 shares of CANV
9/30/2013 MJNA receives 1,633,333 shares of CANV
12/2013 share grant / cash payemebt yet to be disclosed
That's a total of 4,741,667 shares
CANVs closing price today was $149
That puts MJNA's holdings at $706,508,383
That would make MJNA drastically undervalued. The $950k paid in cash by CANV is a pittance compared to the holdings.
CNBC 4/20 Specials Currently in Production
As I have disclosed I work in the film and entertainment industry. While I do little work with network news programs I have some former colleagues who have ascended to the vp ranks at some large networks. Without getting into specific details, one of those friends emailed me the other day after hearing about my recent success in MJ investments from another mutual friend.
After a few small email exchanges I decided to ring the guy to keep the conversation off the record. In no uncertain terms he disclosed that CNBC is getting behind the MJ movement and program directors are actively developing a series of shows for April 20 this year, including business, political and economic aspects of legalization told through investors, industry leaders and opposition leaders as well. Beyond that CNBC will stay focused on the MJ issues through the election because of the economic potential of the newly developing legal MJ economy. I asked if it was possible to find out about specific companies or individuals being profiled in any of the shows and my friend agreed to poke around. Unfortunately in an effort to prevent unwanted disclosure and out of professional respect, I'm doubtful about much follow up info but it is exciting to see the mainstream attention.
Obviously this is totally anecdotal and statements from "friends" as well as message board posts should be scrutinized to the fullest but I'm not trying to BS anyone. Who knows what's in store but I am locked an loaded in this industry.
DRCNC The Chart Shows Consolidation
I posted a chart about 2 weeks ago that showed ERBB maxed out on bullish indicators and mentioned the stock needed to take a "breather." That's exactly what has happened. The ERBB chart topped out and there has been a lot of profit protecting/taking plus weak hands being shaken out.
Now the charts show many technical indicators in an acceptable statistical range. In fact some indicators like the StochRSI have bottomed out on the low side. I would expect a few more days of chop but if there is any truth to the recent rumors about Zazzz Machine placement, ERBB could really take off and your Friday purchase may get a lot more expensive.
Adding to My Position Here
The post I am replying to was the largest my ERBB position has been. Since then I have sold over 1/3 of the position for over 2000% gains. Let's just say at the moment I am quite cash rich.
According to the original post, and several subsequent updates regarding the profit taking, I was planning to give ERBB until Q2 2014 before making any drastic moves. Well that date is upon us and there is no need to take drastic action at this point since the position is paid for.
What I have started to do is reinvest the profits. Today I have increased my ERBB holdings by 11%, buying just over 1m shares between .023-.025
I may increase my holdings by about 4% more for a total of 15% increase on this dip. ERBB is now heavily overweight in my cannabis portfolio but I'd like to see .10 before I sell again. Even then I would only lighten my position of the newly acquired 15% shares and maybe another 10% for a total of 25% liquidation over .10
ERBB has the possibility to achieve the similar $500m valuation of its peers, putting ERBB around .20
My 12 month target is .20
The Wolf is Fun but Be Realistic
Look I'm all for the social media exposure people like the Wolf, Brochstein and Cramer bring to ERBB. However, Wolfie tweeting a 175,000 share purchase will get ERBB exactly nowhere.
Please don't get me wrong; the exposure and the volume helps. But it's not going to bring ERBB to dollarland.
What it will take to achieve a $1pps valuation is far more than meager $10k buys or small nods on Twitter; it requires solid performance from the company itself. A successful rollout of the Zazzz Machines is the main catalyst here.
I don't need to further disclose my position as I did so back in Nov 2013 and have updated my buys and sells since but I truly believe ERBB has the ingredients for greatness in the same way I picked the @APL tree in 2003 and QC0M in 1996. The nationwide, even global growth opportunity for ERBB is massive. Yet it's up to the company itself from here on out.
None of us retail traders or investors have the capital to bring this to the next level. Sure some of us may have enough access to capital to run ERBB for a day or two, maybe even a week, but to sustain long term growth....that has to come organically, from within Tranzbyte,
Buy shares or don't. Do what you please but the social media, blogging and posting has run its course. From here on out it is out of our hands. You're either in or you're out but either way none of what we type will matter.
Good luck, good will and good fortunes to all
Interesting Chat With an LA Budtender
I was at my local shop in LA and stuck up a conversation about vending machines. The old shop I used to visit had a very basic machine. The new shop has a growing selection of edibles and a cooler for sodas.
As it turns out the budtender happened to previously work for MD8X. He explained th company "sells" the machine for about $20k. That company does not share any revenues nor do they charge a regular licensing or matainance fees.
I asked if he had ever heard about erbb but he said no. I told him to look into Tranzbyte and explained my involvement in the stock/company. His response was that it is a very good business to get into right now.
That is all. Just an anecdote.
Busy Board Tonight, Rich Board This Year
Man this buzz is incredible and I'm not talking about the GDP I just vaped.
The Sierra silliness, Cramer tweets or retweets or whatnot, Herbal Medicine social media activity, iHub popping off, 52 week high on high volume, Zazzz machine placement eminent and all the mass media attention to likely follow.......what on earth is holding this back for hitting .20 in the near future and even .50 before year end. The frenzy will just continue throughout the year; WA legalization in the summer, possible rescheduling of cannabis, 2104 midterm elections, numerous states with legalization on ballots.....Gwyther needs to approach politicians with the Zazzz Machines as well as shop owners
Fundamentally, the Herbal Medicine should not only bring press attention but it should bring earnings. I'm not sure as to the financial details but I'm sure Tranzbyte will receive revenue from a rental/licensing fee and perhaps a percentage of sales from the machine. The Zazzz Machine is something that can easily cross state lines without violating trafficking laws. Politicians should be pro Zazzz because it helps regulate distribution and revenue collection allowing for safe access and proper taxation.
Technically ERBB will be pushing against the bullish chart indicators. The golden cross has played out nicely but the pps is riding the to bollinger band. The stock is overbought which is a good sign for those of us in early.
MD8X at one point had a market cap around $900m. No reason ERBB can't get there even with the massive a/s.
We are the pioneers here. The early adopters. By the time the first Zazzz Machine is placed, the first wave of masses will join us. After 10 machines are placed the previous groups will have reaped enormous profits. Then comes the laggards who will enrich the early adopters while 100s and 1000s of Zazzz Machines are placed across the country, possibly worldwide. In Los Angeles alone there are over 750 medical dispensaries.
Yeah But They're Reactionary
Any Colorado Republican knows they will open a can of worms being against an initiative that was voted upon by individuals exercising their state's rights. And any Republican for that matter. All it would take is one reporter or one debate or a town hall where a Republican candidate is asked "Senator so and so, why do you promote state X's initiative to discriminate against gays but you demand the federal government intervene when a state declares it's right to use cannabis? Those two approaches diametrically oppose each other."
Or "Representative so and so, you claim to represent the farmers but when they are requesting laws change to allow cultivation of hemp, why do you not offer your assistance? Does this have anything to do with you ties to competitive interests?"
Trust me bro, politicians are not always "progressive" by free will or because they thinks it's the right thing to do.
It's about votes and survival
StockmanWU You Can Only Speculate
What is their plan to reduce the debt? Hmmmmm. My guess is it is like all companies plans to reduce debt; generate profits through ongoing or emerging business.
Also now that banks are involved and in due time institutional investing restrictions will be lifted, ERBB could very easily have seed monies flowing in.
Sure it's fair to raise these questions but anyone who has ever taken a business class or thought about starting a business or has half a brain can understand how companies need to use debt to grow. Go read up about how FedEx lost nearly $1m/month in the first year of operations. Turned out okay for them
Dolphin Smart Republicans Would Be Pro Cannabis
1. Medical and recreational marijuana is a "states rights" issue. More state rights/less big government is the Republican rally cry. It would be difficult to run on a state rights/smaller federal government campaign and then ask for Big Brother to knock down legalization measures brought forth and passed by individuals exercising their local rights.
2. Many Republicans represent rural states where the farming economy has been depressed for decades. Allowing cultivation of hemp and even cannabis could bring a major boom to the industry. Hemp has thousands of uses from textiles to fuel to plastics to building materials to so many more. Hemp is the real sleeping giant behind this marijuana movement, so big that it has been targeted by competitive interests since the 1920s when William Randolph Hearst used his influence to outlaw the plant. Of course, 150 years before that Thomas Jefferson decreed by law that all landowning Virginians grow hemp, so the uses are well know. The US is the only industrialized nation that still bans the growing of hemp and much to the detriment of the American farmer. Hemp could help lessen government farm subsidies, provide labor for a struggling industry and spark a boom in rural economies.
3. Republicans desperately need a platform that is current and progressive. The old regime and fringes of the party are out of touch. A pro cannabis stance could breath new life into the party and align with their already established positive platforms like those mentioned in points 1 and 2.
Cannabis creates jobs, tax revenue. It occupies retail space, factories, farmlands, kitchens. It promotes technology, health, safety. It promotes rural and urban economies both with goods and services for communities.
And updating antiquated prohibition laws would ease the burden on law enforcement as well as the racist implementation of those laws. Unfortunately fighting racism and reducing the unjust prison industrial complex is not really a Republican platform but it once was back in 1865.
Where does ERBB fit into all this blabber....the Zazzz machine offers a modern way to safely distribute cannabis and monitor the process from seed to sale. It offered safe, age verification measures and purchase options that can easily be tracked. It sounds a little scary to be so clocked while purchasing cannabis but the time has come where medical, recreational, spiritual or personal use of marijuana is no longer shameful and frowned upon
Lets Add to That Logic
Few here have actually called an AOM dispensary in CO. The number is easily available online and you will be directed to the store on Tejon St in CO Springs. If you call during business hours you will then be given the number for Brian Cook, AOMs CEO/COO. From there you are on you own but here is what I know, or don't know....for obvious reasons, in the past few years publicly traded MMJ companies like ERBB and MJN@ have distanced themselves from the THC based portions of their subsidiaries.
The cannabis industry, especially the newly exploding MMJ markets in legal states, has been a cash business. With the new banking regulations and likely rescheduling of policy, legal cannabis operators now have access to banks. Shop owners can deposit into accounts giving them access to loans. More importantly, the THC based revenue can be reinvested into expansion or development of new and existing sectors.
In due time the relationship between AOM and AOMX.
The Rise if the Machines is what matters here folks.
ERBB has an enormous, gargantuan opportunity here. A successful rollout throughout 2014 could be massive. The press alone from the placement of the first Zazzz Machine may cause Apple like hype. Shop owners should be thrilled to install a Zazzz machine because it cuts down on overhead like personnel and helps monitor sales figures, updates inventory...politicians should promote the use of machines for regulating taxation, usage monitoring, safe access....bills people, as in billions
I'm Not Much For Share Price Predictions But
ERBB, and MJ penny stocks are a tough breed. Over the past years they have run hard in the first quarter but declined throughout the year. This year is vastly different. The government easing of prohibitive, antiquated laws...banking involvement....recreational legalization....huge progress.
ERBBs outstanding share count is roughly 2.8b I believe. Assuming that is correct, should the company have a successful launch of Zazzz and build a successful alternative health business, ERBB could see a market cap in the billion range putting it in dollar land in a few years. Think HerbaLife, that company became worth billions in no time.
The press exposure to the machine launch could be enormous.
Rise of the Machines
I don't think people really realize how big ERBB is about to get. I've had this feeling twice in my life, first when buying QC+M and second with @APL. But third time is a charm.
Obviously my excitement is not fundamental reasoning for ERBB to succeed. What will drive this company is a successful rollout of the Zazzz Machine. Customized software for dispensaries, are you kidding me, that's pure genius. I posted it before but I'll write it again, ERBB is not just a "weed" play, it's a tech play, a health alternative play, a biotech play, it all there. I have a good friend who I bartended with back in the day who developed a bar specific program for PCs and the dude makes about $4m annually licensing it in multiple states. And that revenue is all from a program 95% of us have not and will not ever see or use.
But ERBBs product is something millions use worldwide, cannabis. Selling it in a machine is something politicians will push for as it can actively and accurately monitor distribution for taxation, usage records.....not such a big fan of the monitoring but that's the next step to full scale legalization.
And now banks become involved. Gwyther and company can show the money to the banks and get loans to secure future business. No more dilution as Gwyther has emphasized.
I got front row seats to the show and I hope everyone has their tickets punched cause it's going to get real crowded in here.
MJNAs Holding in CanVee Worth a Fortune?
CanVee is at 125pps. I don't have time to check previous ERs but MJNA's holdings in that company alone are worth at least MJNA's current market cap.
Crazy
WAIT UNTIL PRESS COVERS LAUNCH OF ZAZZZ MACHINE
"Reporting live from Herbal Element where the future of cannabis distribution is budding…."
-Wide establishing shot of a line of people waiting to use the Zazzz machine-
This is just the beginning.
The WSJ has already picked up the press release.
Next comes the CNN and Fox reporters covering the placement of the machine.
Beyond that, ERBB is taking a trip to dollar land very soon.
Press Galore, Cramer Probably Knew Before
That ol crook probably knew about the Herbal Elements deal last week!
Ha. Pressy Galore, as in news. This will go to CNN, Fox, MSNBC and will become the talk of the next few weeks.
Folks Wait For The Lines at Zazzz Machines
If you think the press from Jan 1, 2014 was a boost........
"Reporting live from Herbal Elements where the new era of cannabis distribution is...."
Establishing shot of people lined up in front of a Zazzz machine.
"The machines take bitcoin, credit card and even the soon to be outdated currency, dollars. Coming to a dispensary near you"
I feel like we are looking at another @APL, the potential is enormous and could easily expand past the cannabis market.
Somebody sticky the post I'm replying to!
ERBB - TECHNICAL PULLBACK
Nothing more. The technicals are maxed out on the high sides. There's no surprise people will take profits and weak hands will be shaken out. By the time this pullbacks nears the bottom erbb will probably release a PR that will send the stock right back into the upper levels. A little consolidation here is much needed.
Beach Stormer It's Not About Available Shares
It's about market cap. The other vending machine company is valued at almost $1b and ERBB is currently valued around $70m. If ERBB was to amass a valuation of $1b like MD8X then the company would be worth about .40pps
.40pps is certainly achievable in the near future. Once Zazzz starts rolling out, if it's a multi-state, even multi-country deal, this could climb to $1pps in a heartbeat.
Obviously it will never get to the MD8X $200pps because that would make ERBB more than @APL
DOJ Directive isn't excellent???
If the legal governing body of our land says they will not only allow Colorado to legalize marijuana with minimal to no intervention allowing cannabis to be sold in store to of age adults as of Jan 1, 2014 and the 2 months later allows access to banks for the companies selling cannabis, THAT IS ENORMOUS NEWS!!!!!!
It is not only a pretext to full legalization, it is the entrance of legal capitalism into what was once a multi-billion dollar black market.
Yup. That Exactly What Will Happen
MJ is an AG play, a tech play, a financial play, a health services play, a biotech play, a health product play, an industrial material play, a textile play, a food play, a fuel play.....endless my friend.
It also contributes to national health, local and state taxes, employment, less money wasted on incarceration, court fees, wrongful arrests, racist policies..........
Win win
KABOOM Goes the DYNAMITE!!!!!
Bbbbbbig banks = bbbbbbbbig money.
Ignition sequence has started
.25 I A Lot - Possible Due to Momentum
.21 - .25 is my mid-high target for now, giving ERBB a $500m+ market cap. ERBB has been lagging the others in market cap although it has gained 1000% from the .0017 lows. Fundamentally, ERBB needs to start placing machines.
My high high target is about .40-.50 based on the other vending company's market cap.
However the way this MJ market is moving, the fact that the black market is being brought to light, I'm thinking some new wealth will be developed a la the tech boom, oil boom, industrial revolution........