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Where did everybody go??
Good Advice
Take it. And shut the fu** up
American Bulls Posts: Buy-If
http://www.americanbulls.com/StockPage.asp?CompanyTicker=ERBB&MarketTicker=OTC&TYP=S
Agree 100% One million dollars a day for how many straight days??
That kind of money is usually well directed
Yeah Down Day...Good point.
The MM's walked it down
What a surprise
Like this question...
How much sh%# could a dipsh%# dip
If a dipsh%# could dipsh%# ???
Here ya go:
this from an e-mail I just sent my cousin
Couple of reasons I remain interested and optimistic about this stock even though I am way under water.
(1) Money flow - Over 100 million shares traded daily for like 8 straight days translates to over $1 million dollars a day in stock purchases. Many trades are for $30,000 to $50,000 each. Occasionally $100,000. These are single trades. (I have Level II which details all trades by # of shares and $ amount.) This indicates to me that big players are involved. Stoners who think it is cool don't drop $20-30 grand a trade.
(2) They are the only publicly traded MJ stock that is a franchise format. This is huge in my opinion. Franchises work best when the process of setting up the business is complex and the franchisor has the answers. Franchising also allows for very rapid expansion. Much more so than opening company stores. You can do both simultaneously. Note that most fast food operations are franchised. Allows you to establish hard rules for consistency of product and buying experience. This helps to establish the "Brand", which is extremely important going forward. I never thought the big Pizza chains could compete with the local guys; but they have. Also allows bulk purchasing that gives the franchise the lower price than the mom and pop.
(3) I do not see a far left Democrat president (that would be Mr. Obama) going Frank Rizzo on a large part of his constituency. The Fed's will let the legal MJ phenomenon grow (so to speak).
(4) The tide of investor interest is definitely with the MJ stocks. It is becoming cool. A counter culture move that a former long haired hippie freak who is now underground in a cubicle, working for a Fortune 500 company, can make. A way to "let your freak flag fly!"
(5) Real solid news makes these stocks jump significantly.
When bashers with a total of ten posts show up
you wonder if they have given up on bashing
Hey ERBB B-more
Welcome aboard, hon.
Hey planetaryfuture
Interesting post. i am at the office now and can't properly evaluate. Tonight i'll get out my best stash and best tequila and really get into it!!
If you find out tell us...
Complete mystery
Thanks SimmerDownNow
By the way great screen name
Good question.
Don't know why it wasn't there.
that its licensed Colorado Springs store has moved
"licensed" means it is a franchise
ERBB is a FRANCHISE business model. Like McDonalds, Burger King, Pizza Hut and on and on...
They charge a franchise fee but because of current laws can derive no revenues from the individual stores. That will change.
Because of the franchise model ERBB is poised to expand like wildfire if they get heavyweight backing.
Franchise models not only facilitate rapid expansion, but also enable the franchisor to dictate product quality and service standards which goes a long way toi establishing the brand.
That is why a McDonalds in Baltimore has exactly the same fare and customer experience as one in Topeka, or Dallas, or Allentown, PA.
Was the 10 million share buy a cover?
10 Million on the Buy!!
Gotta love that
Don't I remember something about supply and demand??
Shouldn't the price have gone up, had the MM's not walked the price down...
A good sign in a perverse way
this from an e-mail I just sent my cousin
Couple of reasons I remain interested and optimistic about this stock even though I am way under water.
(1) Money flow - Over 100 million shares traded daily for like 8 straight days translates to over $1 million dollars a day in stock purchases. Many trades are for $30,000 to $50,000 each. Occasionally $100,000. These are single trades. (I have Level II which details all trades by # of shares and $ amount.) This indicates to me that big players are involved. Stoners who think it is cool don't drop $20-30 grand a trade.
(2) They are the only publicly traded MJ stock that is a franchise format. This is huge in my opinion. Franchises work best when the process of setting up the business is complex and the franchisor has the answers. Franchising also allows for very rapid expansion. Much more so than opening company stores. You can do both simultaneously. Note that most fast food operations are franchised. Allows you to establish hard rules for consistency of product and buying experience. This helps to establish the "Brand", which is extremely important going forward. I never thought the big Pizza chains could compete with the local guys; but they have. Also allows bulk purchasing that gives the franchise the lower price than the mom and pop.
(3) I do not see a far left Democrat president (that would be Mr. Obama) going Frank Rizzo on a large part of his constituency. The Fed's will let the legal MJ phenomenon grow (so to speak).
(4) The tide of investor interest is definitely with the MJ stocks. It is becoming cool. A counter culture move that a former long haired hippie freak who is now underground in a cubicle, working for a Fortune 500 company, can make. A way to "let your freak flag fly!"
(5) Real solid news makes these stocks jump significantly.
So, i am holding my little 100,000 share stash When news hits it will all be good.
Look at the dollar amount of the trades
$20,000, $30,000, a pop are common. There a big boys involved here IMO. If they get it wrong they have a lot more explaining to do than any of us.
Proxima has no revenue???
WTF???
thanks for the warning
but we are wild eyed pistol wavers who ain't afraid to die ha ha ha
Bra Ha HA HA
No obviously you are not the only one. I for one am also
Maybe
But good news usually comes out before the open.
Always more buy orders than sell orders
And the price goes...DOWN. Freaking ridiculous
Large buy side orders coming
NITE and ATDF now more active on the buy side
Than the sell side. Anybody else see that as good news?
I also think news is very close
NITE is back doing their thing...
It will take news to move significantly
Without news it will drop until the buyers take it
First dispensary brand
You hit the nail on the head. Huge.
Great point
This is not strictly an mj play. That is a very good thing in this environment.
There is plenty of tangible positive news to talk about
Thanks for the kind words.
Other than the $60,000 a month number from the radio interview I have not come across any other dollar numbers. Generally what you describe is the normal franchising route. My business partner and I have been looking into the franchise model for a portion of our business (non mj unfortunately). I was sceptical of franchising at first but am now a believer. It allows for very rapid expansion, and since you can dictate facility, service, and product standards, it is a great way to establish a consistent Brand. Proper branding is key to customer acceptance and good marketing.
BANG!
Thanks Lee6. Any other location info most appreciated.
There are two stores operating in CO. Confirmed by visits by friends
Brian Cook Managing Director of Altitude Organics stated in his radio interview with Kim Brown, http://doughja.com/the-new-entrepreneurial-question-how-to-commercialize-marijuana-responsibly/that the two stores are doing $60,000 a month in sales, however, it is not yet legal for a corporation to show those revenues. They can only be applied to the individual locations as stand alone businesses.
The business is a franchise model, with ERBB walking franchisees through the set-up process. The franchise model allows for extremely rapid growth into states that have a legal pathway to the mj trade.
Last year they did not own ProximaRF http://www.proximarf.com/ ProximaRF was privately held so no way of knowing revenues. Product line is not specific to MJ applications
PHOENIX, AZ - Feb 6, 2012 -- Tranzbyte Corporation (ERBB (OTC:PK)) announced today that it has purchased ProximaRF Technology Holding Corp. (www.proximarf.com). 6-Year-Old ProximaRF produces a versatile and leading-edge portfolio of RFID readers, tags, sensor tags, sensor probes, and RFID-enabled data logging tags based on the ISO 15693 standard of high frequency (13.56 Mhz) RFID. HF RFID is ideally suited for applications requiring a secure 1-to-1 device write and read. ProximaRF joins Altitude Organic Corporation as a wholly-owned subsidiary of Tranzbyte.