Screw it, double down man.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Bought more.
MYRY managed to stay green amongst the slaughter today.
Brazo River Technologies, LLC provides Web marketing services. The company is based in Dallas, Texas. They now own 9.5 million shares.
One of the few greens today.
Article tweeted by Jim Cramer
Identity Verification at Cannabis Dispensaries May Soon be Automated
When a client walks in to purchase marijuana from the Oakland dispensary Blüm, bud tenders visually check the customer's identification and paperwork for authenticity.
"It's very easy to get a medical marijuana card in California and the black market is still alive, so there aren't many people who need to present themselves as someone they are not," said Derek Peterson who is an owner at Blum (and separately the CEO at Terra Tech Corp). The doctor who issued the prescription is contacted to further verify that it's current and accurate. If the verification is completed without any issue, all patient information is logged into the Greenlife Medical System for tracking.
"Medical identification cards are issued by doctors not the dispensaries," Peterson told MainStreet. "Underage patients that come to the dispensary must be accompanied by a parent guardian or legal caregiver and all their necessary paperwork is verified upon entry similar to adult patients."
Enter Cyber Kiosk (OTC Pink: CYBK), which has developed security software specifically for the legalized marijuana industry. The company announced last week its agreement with Tranzbyte (OTC Pink: ERBB) for the use of its age, identification verification and fraud prevention software in automated dispensaries.
Verifying the identity of dispensary clients is not just about preventing fraud.
"We also track strains that work for individual patients so by verifying their ID we can help improve the patients experience," said Peterson. "So, the major downside to purchasing marijuana from an automated dispenser would be the lack of individual care we can provide at the dispensary."
With a $62.8 million market capitalization, Tranzbyte is a 15-year-old technology company that launched Altitude Organix, a cannabis ancillary business two years ago. Altitude Organix has developed ZaZZZ, an automated medical marijuana dispensing machine.
"Identity verification is important because the marijuana industry is held to the same standards as tobacco, alcohol and even controlled substances," said Stephen Shearin, chief operating officer with Tranzbyte in Arizona. "We are among the entrepreneurs who want to legitimatize the industry and that requires following federal and state regulations."
Tranzbyte will unveil the first ZaZZZ machine in the next couple of weeks now that the software has been upgraded.
"Cyber Kiosk is providing some verification software for use in the ZaZZZ machine," Shearin told MainStreet.
Cyber Kiosk isn't a marijuana company, so though it's not listed on Fred Fuld's Marijuana Stock Index or his master list of 31 marijuana companies, Tranzbyte is.
"ERBB is currently selling for two cents a share on the pink sheet," Fuld told MainStreet. "From May to December 2013 it traded for less than a penny."
--Written by Juliette Fairley for MainStree
New game developments on the way.
http://www.jumpycow.com/
New design on https://cryptocafe.com/ website
A conversation with Dogecoin creator
http://www.coindesk.com/dogecoins-jackson-palmer-fast-transactions-many-tips-much-inflation/
From Capital and Liquidity
There are no assurances that we will be able to achieve further sales of our common stock or any other form of additional financing. If we are unable to achieve the financing necessary to continue our plan of operations, then our venture will fail.
It did concern me that the contact portion on their website is currently not functioning. It would be great to update that. Was wondering if they had a rep. at the coinsummit.
Lots of talk about the promises of Bitcoin gambling platforms at the CoinSummit. Biggest early upside they currently see.
Jesse Powell of the Kraken exchange which recently added Dogecoin for trading said today that market research shows Dogecoin is more heavily transacted for commerce than bitcoin today. More women use it than bitcoin. Once again, nice pick for Cryptocafe.
Dogecoin just reached their goal to fund a NASCAR. This will be very valuable advertising. Nice pick MYRY!
http://doge4nascar.org/
This thing moves quick once it gets going.
"Who is Kieser Sosa??" ....
Staying long here.
The AUTHOR is in the business of getting PAID to consult business and government for MONEY. Seems his view of the situation is a bit bias towards his own pocket book,....Huh.
Next big news will be when the DNR has said they have responded to all comments. Then EIS and submission of permit requests.
With more projects due out anytime my optimism grows. Give it a week.
In an Email.....
Working on adding different coins to CC. Projects in the pipe. News releases soon.
The EPA will give this a passing grade. Its a political game. They gave the Pebble Mine to the enviros in exchange for this.
Likewise, In it long term
Huge volumes still coming in
I would agree. Someone accumulating shares like this is not looking for a quick turnaround.
This will continue with its uptrend through the summer.
New Toronto Accelerator to Invest $250,000 in Bitcoin Startups
Myriads neck of the woods
The second cryptocurrency accelerator has opened in north America this week, this time in Toronto, targeting entrepreneurs working in “second generation cryptocurrencies”.
Bitcoin Decentral Accelerate will begin with a $250,000 fund, but hopes to score at least $1.5m in investment to sustain its first eight months of operation, according to its organizers.
The accelerator, launched by Bitcoin Alliance of Canada founder Anthony Di Iorio, is a spinoff of Bitcoin Decentral, the coworking space that has been operating since 1st January.
The venture will target both bitcoin entrepreneurs, and also those working on what Di Iorio calls the next wave of cryptocurrencies, such as Ethereum (with which he is also involved).
What are second generation cryptocurrencies? “Ones like Mastercoin, Open Transactions, and Ethereum, that aren’t just about bitcoins sending and receiving money,” he explained. But as the name suggests, the accelerator will be welcoming bitcoin entrepreneurs too.
Di Iorio has not yet approached VCs about the accelerator, but is confident they will invest, because of existing conversations that he has shared with them about Ethereum, the cryptocurrency framework that will launch officially sometime next month.
Three cohorts
For now, the accelerator plans an initial three cohorts, running for around three months each. Each of these will contain nine companies, Di Iorio said. The first cohort will be announced at the bitcoin expo that he has organized for 11th – 13th April.
The accelerator will take a 7% equity stake in participating companies, which may be paid in cryptocurrency in addition to fiat. The amount that it pays for that equity stake is likely to vary from firm to firm. Once they graduate, they’ll get an additional investment commitment that will seed their follow-on round.
The criteria for acceptance include a prototype, and either market traction, or feedback from a significant test base. The accelerator also requires a team that has worked together and executed successfully.
“The focus is also bitcoin, or something disruptive, in finance fields, payments fields, things like that,” Di Iorio said.
Hackathons will also come into play, he added, hopefully producing some promising candidates for the cohort. One such hackathon is currently running at the Bitcoin conference in Austin.
Expert Panel
Ultimately, cohort selections will be made by a panel of participants including the three founders, along with a potential collection of mentors from the broader network.
Also involved in the project is A. Traviss Corry, who founded the InCubes accelerator.
William Mougayar, founder of Startup Management, will act as special advisor to the accelerator, and will also be part of a network of mentors.
The mentor network is a who’s who of bitcoin players, including BitPay’s Tony Gallippi, Bitcoin entrepreneur Erik Voorhees, and Charles Hoskinson, who along with Di Iorio is one of the driving forces behind Ethereum.
Di Iorio is also hoping for additional funding from Ethereum in addition to the $1.5m he’s going to be asking for from other private funders.
Billed as a coworking space, Bitcoin Decentral doesn’t yet house paying coworking customers. Instead, it houses people working with Di Iorio’s Bitcoin Alliance of Canada. The top two floors will be devoted to the accelerator, and will also house the ongoing CoinTalk podcast.
This is a big week for cryptocurrency accelerators. Ripple also funded CrossCoin Ventures, an accelerator based in its San Francisco building. That venture requires entrepreneurs to use the Ripple protocol.
If you download the app make sure to leave the notifications on until you open it for the first time. It will not update if you shut notifications off before you open the App.
EOW predictions? .05?
Someone just listed a Croatian villa on Cryptocafe.com
Good to see some movement today. Picked up more on the lows, am long here.
Bitcoin up 20%
DNR refuses to extend comment period on PolyMet mine
Rejecting a request by leading environmental groups, the state Department of Natural Resources said Thursday it will not extend the period for public comment on environmental issues connected with a copper-nickel mine proposed for northeastern Minnesota.
In a letter submitted in December, a coalition of advocacy groups argued that Minnesotans need more than 90 days to review a voluminous environmental impact study prepared for PolyMet Mining Corp.’s proposal, especially because copper mining and its potential hazards are new to Minnesota.
The DNR said Thursday it has tried to ensure that the public has “ample’’ opportunity for review and comment, and said the petitioners had not raised any substantive arguments that had not already been considered. The agency noted that the 90-day comment period is already twice the length required by law.
Comments will be due by the original deadline, March 13.
The DNR has conducted three heavily attended public hearings on the PolyMet proposal since December and, according to a statement Thursday, received more than 19,000 written comments.
PolyMet, a Canada-based minerals company, has proposed an open-pit mine and ore processing facility near Hoyt Lakes and Babbitt. The prospect of new industry and 350 jobs has stirred hopes for a renaissance on Minnesota’s Iron Range. But the potential of contaminants and mining byproducts being released in the Superior National Forest and near the Boundary Waters Canoe Area Wilderness has caused alarm among many environmentalists.
From the CEO
Dear Investors,
It appears that our stock is once again under attack for the third day. In response to many concerned investors, I am providing
this update to share what I know. At this time, I cannot put out a press release as I don't believe it warrants spending another $600
to highlight something that is really only going to be relevant to our strong shareholders, or you, the people that are on this list.
I have reached out to our institutional shareholders and none of them have been selling over the last two days. I am not sure if
any of them sold prior, but it is limited to what they can say.
I have reached out to our largest stakeholders/partners and they have not even deposited any stock into the system.
An individual shareholder has purchased a significant stake in Myriad on the open market. He is now a 10% holder of the stock and
has filed this publicly. Prior to accumulating his position, I did not know him, however I have reached out to him to form a relationship
with him as he is now our largest individual shareholder. He is pro-bitcoin and I believe he is a long term stakeholder, as there has
been speculation about his intent as well.
No Insiders have sold any shares in Myriad anytime recently, and the last trades by any insiders were more than 6 months ago.
There was a small debt settlement with our Law firm and our accounting firm, but the amounts are not material and do not justify the
significant volume sell-off.
I am not sure if the situation with Mt.Gox has given reason to traders to short the company. This is a possibility, but I cannot confirm this.
Our daily naked-short selling data remains in the 30% range as per OtcShortReport.com ( A website we created ) and the market
maker NITE has been the main trader sending the stock downwards.
We successfully completed CryptoCafe.com and are figuring out our upcoming strategy for many announcements that we have planned for
the company both Bitcoin related and other sector entries that we feel will add additional value. We are working on closing certain deals, and
have obviously been slightly delayed due to the recent stock situation and trying to figure out how to prioritize most efficiently.
I have eliminated another $100,000+ in debt from the company just a couple of days ago and continue to work on my plan which was mentioned earlier.
Investors are reminded that we also trade in Germany, and there appears to be a significant amount of selling on that market, prior to the US market opening up.
Thank-you for your continual support in Myriad.
Derek Ivany
CEO
Myriad Interactive Media Inc.
Large financial groups are starting to welcome crypto currencies into their market place. Bitcoin up over 200% on Mt. Gox this weekend, California makes it legal tender, New York considering it, SEC working with markets movers and shakers to make it work on the trading floor. This is the stage to get in at. I agree ELRAY does not compare. It is a gaming and gambling platform that accepts bitcoin for payments, totally different concept.
Bitcoin Prices Spike Over 150%
Feb. 22
Bitcoin prices at troubled exchange MtGox spiked over 150% to reach a high of $290 today. The basis for the rally was a rumor posted on Reddit that the company has started processing bitcoin withdrawals again. -
California "Bitcoin Legal Tender"
Colorado should be taking notes from California who became the first state to classify virtual currencies as legal money with the passage of bill AB129 yesterday.
According to California Senate Banking and Financial Institutions Committee, “This bill makes clarifying changes to current law to ensure that various forms of alternative currency such as digital currency, points, coupons, or other objects of monetary value do not violate the law when those methods are used for the purchase of goods and services or the transmission of payments. Modern methods of payment have expanded beyond the typical cash or credit card transactions. “
Colorado Bitcoin Attorney, Benjamin Yablon commented that “the pace of change surrounding Bitcoin is astounding. Making Bitcoin and other crypto-currencies legal and safe is the first step to their widespread adoption. They are giving a green light to Bit-entrepreneurs to sink their money and time into California's economy.”
The Banking and Finance documents state “These point systems effectively operate as currency allowing the consumers to buy a retail item or pay for some type of service. Many communities across the United States and in California have created "community currencies" that are created by members of a community in conjunction with merchants who agree to accept the alternative currency.”
Have folks given up on elra? I think the gambling aspect of their product will cause some problems.... that might be the hold up. I think MYRY will bring legitimacy to the market. But like you said it has to be on time and the PR has got to be stellar.
That is correct. If an individual or company owns more than 5% of a publicly traded company it has to be filed.
Number 3/6?
What would motivate IMOGO technoligies to take a stake with myriad?