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How do you think the share exchange will go ...
as far as the R/M? Sometimes the ratio is not good (such as MON* to FLX*) Thoughts?
The increase of shares ...
I believe, is going for an acquisition/merger and it will probably be announced next week.
I wasn't alarmed at the Hemp announcement because I think it is smart of the company to expand its agricultural base. What I get alarmed about is when "long term investors" in these start-up/growing companies start dumping their shares just when momentum begins to build. Seen it many times in penny stocks. Some pennies don't deserve to be around, no doubt, but there have been plenty of great start-ups beaten down and squashed because of the actions of penny players who just roam from one stock to another looking to scalp. These groups don't care about the company or what they have to offer for the future for our country and the world. All they care about is scalping a few tics and moving on. These actions -- dumping and bringing the pps down -- discourage confidence and support by people interested in investing/trading in companies like AZFL who are trying to bring new ideas into the world, companies who can only get started without an expensive and often unfeasible IPO.
AZFL has a lot of potential and the best thing to do is to simply invest some now and then invest more as news comes out and expansion continues. If the company can't deliver in a reasonable amount of time for a growing business (not on your time), then it's justifiable to withdraw. In the meantime, let them work it and make it happen.
Chessman
We need something from IR this week ...
even if it is just to tell us that news and updates are coming out on a certain day next week.
He just trying to get the pps lower ...
so he can claim he is God's gift to penny stock trading and that we are all wrong for holding at these levels. Purely ego.
Chessman
Nice find!
Another fraud trying to short a growing company and investors. Too bad they can't be put away for a while.
Chessman
Picked up another milly ...
Thanks to the seller! Looking forward to January!
Got it. Thanks!
Can anyone post ...
the amount of shares sold today at the various prices above .12?
Thank you!
Really?
You are full of crap, Wilma! Did you watch the 60-minute show? It's incredible what he is doing and I can sense that his approach to growing this enterprise is not going to be traditional. Why? Because he is not traditional! He is breaking molds and forging new paths. The IPO is not his style. Sorry. Better buy at the ask.
Chessman
Heidi,
I have been here a while and have invested in this.
I think the chances are good for a great return.
Kindly,
Chessman
The 15 richest doctors in the world ...
and the winner is:
Guess who?
It's pretty obvious ...
having been in the market, especially OTC, for several years that a whole bunch of lying is going on here at the Lehman board and it isn't from hestheman, cotton, robigus, etc.
The only reasons the bashing from VeryBad, PusBus and others is going on is for obvious (to me) reasons:
1. Somebody shorted these Lehman stocks at too low a price and are either trying to recover or make money.
2. Somebody is bid sitting and trying to get others to sell low.
Anyone posting on this board about bringing truth to light to save investors or caring about others not getting ripped off is a liar, plain and simple. You are FOS!
I have been reading every message on this board for 4+ years now and the bashing is getting more intense. This means we are getting nearer to some kind of payoff. Hang in there investors. Almost there.
Chessman
I have been invested in CTs for a few years now ...
and have read every post, also. The amount of great DD is outstanding.
In the meantime, the one conclusion that is very apparent is that the "Gus Bus" is actually the short bus and guster and toogood are the only passengers. Have a nice ride!
Chessman
OMG ... here he is!
The Richest Man in American Medicine
Chessman
The time to buy is when there's blood on the streets ...
Just picked up some more.
I'm here. Just watching and waiting.
I actually got two friends to invest, but I am a bit embarrassed that they bought higher and it dropped lower. I have sent them the links to the many advances and publicity this company has experienced and tell them to hold on for the long term.
Chessman
You are right, Beamin1 ...
Sorry, just whining because I was in that one and it is really busting loose when SPLI has more to offer. That ticker change is getting more important every day.
Again, just hanging in there. Patience, patience, patience.
Chessman
Hard to believe that ...
MCI* can break .60 today and SPLI can't even get back to .08
That ticker change and more can't come soon enough.
Hanging in there, but it's tough to watch (I was in the other but switched).
Chessman
CSTI is normally a shorting MM and ...
they are trying to wage war on MCIG. The volume might eventually crush them.
Jerry, my take on ERBB at the time ...
When I first stopped by on Friday the 24th, I had just missed them because the offices close early on Friday. I tried to look through the windows and then took some outside pics. I wasn't sure what to think because the outside mostly refers to OneBode -- the name above the doors on the building and everywhere else. Tranzbyte is written on the door in small lettering. So I drove away a bit unsure about my investment, but intent on dropping by again on Monday the 27th to pursue making sure this company was legit.
I stopped by on Monday and Peter and Stephen were actually expecting me. That was cool. After picking Peter's brain for about an hour, I realized that these people weren't there working hard for nothing and definitely not to scam anyone. I discovered that some of the things that can be illusions have simple explanations, but some of the truths either take time to surface or are not appropriate to be revealed (such as the reason for the PARC deal). Both Peter and Stephen are very intelligent and know exactly what they are doing and have great vision.
Anyway, I left with a much better feeling about my investment and where this company is heading.
BTW, I will tell you all this: Colorado and Washington are where it's at. Forget Arizona for some time. I live in AZ and I talked to a doctor who dispenses medical MJ here and he told me "No way" -- that the state of AZ is really tough and it will be quite a while before the ZAZZZ machine or anything like it will be allowed to dispense as a stand alone machine outside of biz hours and outside of a dispensary, no matter what security is employed. It is quite fortunate that David and company did not waste their time trying to get a machine going for the PARC dispensary. This stock would have tanked by now if that had been pursued. Colorado is the starting block.
It will still go up ...
I think HEM* and ERBB are both very good stocks and sort of cover the field. Industrial hemp will now be big biz in the USA and investors/Wall Street will flock to it. ERBB and the ZAZZZ machines will make access to MJ items accessible after hours/24-hours.
To those who doubt that the ZAZZZ machines not be secure or will not be able to be placed outside dispensaries, well, you are incorrect. Sort of like the mailbox places or the Post Office. You can have a machine inside if someone wants to walk in and buy exactly what they want without waiting in line or at a counter during biz hours, but they also can buy after hours if the dispensary has a lobby/foyer/space that can be accessed after hours. Then there is the placement of the machines that a state will allow at locations outside of the dispensaries, such as nightclubs/bars where adults only are allowed. The machines will ALL be video monitored, according to Peter Jacobs. Different than Medbox. I would suggest you let David and company get them out there and let them perform. Once they are known and working, they will become the rage.
Chessman
Whew! Just made it ...
Was making money in HEM* and just got back into ERBB with less than a minute before the close. Ready for the PR now!
Chessman
Just waiting on news ...
Actually, in HEM* waiting on the Farm Bill to pass then waiting on ERBB news from David and company.
David told me in an email that timing was going to be tricky in the MJ market, and he is right.
Chessman
Do you know why David sold shares?
Do you know why David sold some shares, smart one? No you don't.
It was for reasons other than just trying to pocket some money. Maybe you should not try to be so smart before checking the facts, possibly stopping by to talk to them.
Chessman
The MMs are loading up on precious ERBB shares ...
I believe NITE and other MMs are loading up today. I was watching L2 and saw some ridiculously small buys with the last 10-15 minutes. Then the share price dropped on the bid. The PR is on the horizon. They know it, we know it, but people are still selling into their low bids.
Chessman
Thank you.
I tried to explain before that the machines, which are just one facet of the business, are mainly income producers by way of the dispensing of products and the processing of payments. It's actually a nice business model compared to having to handle product.
Chessman
G&L, I am not sure what you are referring to.
Rockhall asked me a question and I answered it. I want to be as truthful as David Gwyther is to his company and shareholders. I only know what I learned from my visit and that is what I am relaying to others. Headbutts? Ask me if I care.
Chessman
Yes, at this time that is the situation.
You have to be licensed to sell MJ. ERBB can only provide dispensing of the product, according to Peter. I am not privy to their business plan, so I can't say for sure exactly what products they can or will vend in the future. Just having machines all over the country and raking in commissions/processing fees will be a huge moneymaking business.
Also, remember that these machines are being set up to accept Bitcoin. They are the only vending machines to be doing this.
Chessman
Update to counter misleading info ...
Peter Jacobs told me that machines have already been manufactured and programmed for Colorado, and are being shipped from the Canadian manufacturer. In fact, ERBB has already been approached by a large company in Hong Kong about the production of more machines. It's real.
The PARC deal was a pain in the arse because it delayed ERBB's progress in getting the machines to Colorado, which was their initial goal. The idiot running PARC thought he could be at the forefront because he knew one of the big wigs at ERBB. It's the same old BS we all go through in life. Someone pumps themselves up telling others they know so and so and oh, it sounds so important. Well, it's all crap. I have owned small businesses since age 20 and I have seen it all. Friends, relatives, business associates say they know this person and that person -- blah, blah , blah -- and nobody ever comes through. Just ego BS. The reality is that it's not who you know or who you ****, it's about who takes care of biz and pays the money. It's "show me the money," and PARC wouldn't show it. PARC expected ERBB to show it. So, a mistake was made to accommodate someone who was just blowing smoke (excuse the pun). After the machines are dispensing all over AZ, that PARC owner will come crawling back to try to get a few machines and good luck to him getting any.
Some people are clamoring about ERBB having MJ products to offer. They had a lot of products on a literal drawing board in the office that they will be stocking in the machines down the road. They are not licensed at this time to sell MJ. Right now -- as far as the machines are concerned -- the focus is on providing dispensing with security and making commissions on all products that are vended. Again, ERBB is not about stocking their own products right now. Later, but not right away.
Currently, it goes like this, and I still am amazed at how many posters don't get it:
Some companies are licensed to grow
Some companies are licensed to distribute
ERBB is providing 24-hour dispensing of the licensed products along with 24-hour security and raking in commissions/processing fees on every product dispensed, from edibles to smokes.
Dispensaries are not open 24-hour, nor can a customer access MJ at any other locations. ERBB provides the access for everyone outside the dispensary at locations such as nightclubs, bars and wherever else a state will allow access from vending machines. Security is essential -- retinal scanning is four years away, according the Peter. Video ID along with card scanning is the most secure. It's similar to the security at casinos, which is some of the best security in the world.
So, please, some of you. Do some DD and try to understand what exactly you are investing in instead of coming to this board and spouting your nonsense.
Chessman
NITE and BKMM trying for shares. Don't sell to them!
I mentioned in a previous post that NITE and BKMM are hedge funds shorting ERBB. Why are some of you selling to them? Hit the ask and hold on to your shares!
Chessman
Okay, here is my take on the PR ...
When I was talking with Peter Jacobs, who is the vending consultant, he told me that they would have rather started with Colorado than Arizona and already had set things in motion to start inking deals with dispensaries there. HOWEVER, as far as my memory about Monday serves me, one of the principals in the company is good friends with the PARC owner and the PARC guy was begging to get the first machine. Peter was not that enthused about PARC because Arizona is so tough with regulation. I think he is actually relieved (and all the rest of them too) that PARC didn't agree to ink. My feeling from being in business is that PARC may have wanted favors or a placement fee for being the first on the block. Screw PARC! I am relieved! Colorado is the groundswell. Lots of machines, easier software and verification programming, and no BS from people like PARC.
Oh, and the tax issue is totally irrelevant. ERBB is not legally allowed to own the MJ, only provide dispensing. They receive a lease fee for each machine but really nice processing fees. What does the tax have to do with it? The dispensaries pay the tax or the customer does, not ERBB! Do a little DD before you make statements like that.
Anyway, I am relieved about dropping PARC and also eager to add shares. I thought I couldn't grab anymore as the price was going to gap up tomorrow, but we have some short term yahoos here who will bail because they don't see the lemonade made from the lemons. I will increase my position now on the morning drop and wait for the Colorado announcement.
Honestly, all of you, David and company are relieved and this is going to turn out better.
Oh, and lastly, thanks in advance for the shares!
Kindly, Chessman
Full report for visit to ERBB on Monday, January 27, 2014
Here is my report about my ERBB visit -- great news!
Okay, ladies and gentlemen. I finally arrived back home from my travel in the Phoenix area and now have time to report on my visit to the ERBB offices.
PART 1 (I am writing as quickly as possible and possibly will revise combine the parts later and maybe a total compilation can be stickied)
First of all, I have been trying to find the one MJ stock that I feel has the potential to go a long way and not fizzle or turn into a scam. The idea of a vending machine for cannabis products intrigued me quite a bit and I could see the potential in this MJ revolution happening before our eyes. I sold another MJ stock and went into this one after some additional DD and after hearing about the progress of the machine being brought to market.
I first emailed David Gwyther late Thursday night the 23rd to let him know that I would be stopping by the office on Warner Rd. in Tempe on Friday the 24th or Monday the 27th. I never received an email back before I left on Friday, and I wasn't even sure that David would be there. My departure was delayed and, unfortunately, I arrived after closing time but took some pics and posted them at the Ihub board. On Saturday, the 25th, I received an email from David inviting me to stop by Monday and to talk with him.
I left Tucson on Monday morning and traveled to Phoenix and went straight to the ERBB office. I arrived at 11:30 AM as planned.
I was greeted at the front by a nice young woman (who I think is the daughter of Peter Jacobs). I was greeted by Stephen Shearin, who then directed me to Peter Jacobs. Peter was informed by David Gwyther that I would be stopping by, so they were expecting me. David was flying in from Portland later in the afternoon, but I couldn't stick around. Peter provided all the info needed.
Before I get into the details, I have to say that this group is very nice and hard-working and I was truly impressed. It ends up that Peter and David have known each other for 20 years or more from their time in Oregon. Matter of fact, I believe most of the principals in the business have Oregon roots, and because I lived there before moving to Arizona, we had some things in common to talk about. David Gwyther lives in Portland and flies back and forth to Phoenix all the time.
Now I will expound on details. There are many and I will post on additional pages. Some things I wrote down, some I draw from memory.
Peter Jacobs is the consultant to David Gwyther and is the president of PanPacific International (which deals with Bitcoins). He actually was in the vending business many years before, founding a company that provided special vending for truckers all over the USA. From what I gather, Peter was semi-retired, but David Gwyther brought him on as chief consultant for the vending machines and PR. Peter spent the better of almost an hour with me. I was told a lot of things -- some information I can reveal, some info I have to legally be careful about talking about, and some info I am not at liberty to divulge.
Peter told me many things about the vending part of the business. The ERBB machine differs from Medbox in a significant way. Medbox uses fingerprint verification and can only dispense at medical facilities and dispensaries. The ZAZZZ machine has been developed with the highest security standards, and this includes 24-hour video monitoring. You see, fingerprint scanning can have errors and the system can be manipulated. Peter is very experienced with vending and verification and explained in detail how security is critical and will be scrutinized by the FEDS and the States with regards to vending. ERBB has made a machine that provides adult and medical verification for not only cannabis products, but also for other products that need adult verification (cigarettes, cigars and other misc products can also be dispensed) and 24-hour surveillance is part of the verification. Not only does this provide the most secure verification -- using both the medical card scan, or state ID plus video verification, but also guards against anyone trying to rob or tamper with the machine. The machine also is designed to dispense the MMJ as per the allowed amounts. Let's say you are allowed 5 ounces a month and you go and purchase 2.5 ounces. The software, of course, tracks all the purchases and you will only be allowed to purchase whatever balance of MMJ you have allotted for that time period. They are assembling a video monitoring center right now for the surveillance. They lease the machines to dispensaries and receive a commission/processing fee for all products dispensed. They make enough money with these machines to more than afford the cost of surveillance security. The bottom line is that a dispensary can lease the machines and actually place them wherever they want or are asked to. This means that if a dispenary contracts with a nightclub for a machine, it can legally be placed there. Can you imagine having these machines at the many nightclubs/bars across the nation? How about Las Vegas!
Their initial idea was to begin entry into Colorado, but the PARC dispensary wanted to obtain a machine as soon as possible. Just a note -- the PARC dispensary is very close to the campus of ASU, which is one of the biggest party campuses in the USA! Anyway, Arizona is probably the strictest in terms of regulations for vending MMJ, so getting the software to correctly work is critical. David and company knows that everyone will be watching -- the State, the FEDS, investors, etc. They can't be perfect, but they don't want to leave room for error. However, from what I gathered from my meet at the office, February is going to be a big month. I believe -- and I can't quote or guarantee -- that there will be a big roll-out of machines happening in Colorado. That is where the big money begins. One of the questions I was asked to relay to ERBB was how many machines are initially planned to be manufactured and placed on the first run. Answer: 1000. I think that 50 to 100 could begin to be placed in Colorado in the next 60 days. That's my opinion based on info. When that happens, watch out!
But dig this ... the ZAZZZ machine is the first and only MJ dispenser that will work with Bitcoin!!! Peter told me that the machines themselves will be revolutionary and I have no doubt that investment money will pour into ERBB, but Peter told me that when Bitcoin is allowed for purchase then we will see a huge wave of money pouring in that will be hard to believe! But here is more info ... ERBB is currently hooking up Bitcoin processing for the machines as I write! Stehen Shearin is the guy who makes everything work. While I was in conference with Peter, Stephen cam over to discuss the Bitcoin processing with Peter. They have narrowed down the processing to two choices. I actually discussed the choices with Stephen because I signed up for a Bitcoin account with one of his two finalists. The one I signed up with is the easiest to use and is used by many individuals. The other choice is focused more on business processing. It was cool to discuss that with Stephen. It's real. They are adding Bitcoin processing and it will likely be employed with the first machines.
Speaking of the machines, they are on the way. Software is done. It's placement time! They will issue a PR when things are ready to roll.
More info next post. Wanted to get this much out now while everyone is waiting. I will provide more info regarding trademarks, share structure/float and share price, networking, other products, etc.
Chessman
=================================
PART 2
Continuing from my meeting at the ERBB offices ...
I want to keep relaying more info to all of you, but I have to inject a conversation I had with Peter Jacobs about the share structure and price and the shorting going on.
First, David Gwyther is not interested at all in a reverse split or dilution. Any additional shares being issued are debentures and have to be held for a year before conversion. So enough with the dilution BS.
David actually worked for a large security firm/broker years ago and knows the stock market. Peter Jacobs is also quite experienced. They are aware of the stock price daily and are also aware of the impatient short term investors and traders. They have some big long-term investors and wish that there were more medium and long term investors right now. I did remark to David in an email that I had liquidated one MJ stock to go into ERBB but in doing so I lost out on a rise that would have netted me 10,000 dollars or more. He stated "I think you will find that the opportunity in ERBB for medium and long term shareholders is on parity. However, the short term players will soon see that share movement among the MMJ companies is hard to time." Peter told me that a reverse split is only feasible if the stock price is high and the stock can really support it. Otherwise, it makes no sense.
David does things on the up and up. If he has to sell shares, he files the proper forms. A lot of CEOs don't. David has integrity. Recently, he had to sell some shares for a personal matter that I cannot talk about. If you knew the reason, you would do the same. Nothing to worry about.
We also talked about the share price. Peter told me that three hedge funds are shorting ERBB -- NITE, VNDM and BKMM. They don't care at what price they can short at, just that they can incite panic with a price drop. Peter told me that it is illegal for the hedge funds to communicate with each other, so they have to send signals for mutual cooperation. It isn't a myth about small sells that send code. It's real. I saw this yesterday morning with ERBB. if the bid and ask are tight, that's normal trading. When the bid drops too much and on small amounts, that's a short. The shares of ERBB are not that available to the big funds, so they are in need of shares to short. They will incite panic, get the price to drop, then cover. Rinse and repeat every day. Peter told me that to keep the share price up and rising, we need to keep our shares and hit the ask. No doubt, it is always good to have bid support, but it has to be tight. None of this stuff that NITE is doing. The spreads that you see with ERBB sometimes are not tight and we need to keep the share price up so don't sell into the bid! Hold on to those shares, but if you have to sell, then sell at the ask!! NITE will test us today. Watch them.
More info on the way ...
=======================================
PART 3
Continuing from my meeting at the ERBB offices ...
I asked about the IP/trademark situation. Without getting into specifics, Peter indicated that about 95% of everything is done regarding patents and trademarks. A few small things are pending.
The machine is supposed to be called ZAZZZ machine and is trademarked.
I asked about joint ventures. They will do them when the law allows it. However, Peter touched on the recent rumors about different public companies trying to merge (like the rumor about FITX and PHOT). Peter said it involves 500 pages or more of legal paperwork and a year at least in time so a lot of these rumors are just that -- rumors.
Speaking of joint ... did you all know that one of the only three owners/directors of High Times -- Colleen Manly -- is on the Board of Directors of Altitude Organic Corporation? Yessir, it's true. I gathered that High Times will be cooperating with Tranzbyte in the future, maybe regarding products in the ZAZZZ machines.
Someone asked about the role of Stephen Shearin in the future. He will become the COO of Tranzbyte.
Chessman
==========================================
PART 4 -- Some additional info
Just got back to the computer and feel good that our stock is holding up well. It's starting to behave like a big board stock -- forming a base after gapping up and getting ready to take off in the coming days.
Some tidbits from my visit to ERBB:
The machines are all programmed for each state. Each state has it's own regulations with regards to dispensing and verification. Arizona is strict, Colorado is less. I get the feeling that once the first batch of machines goes out to locations for a Colorado dispensary, there will be a push to blanket Colorado with the machines since the software and programming will be done and working for that state. Besides, once one dispensary has one, the rest will follow quickly. Then, I think, Washington and Arizona will next. Just my opinion.
Someone asked about moving the company to the big boards. David knows about the stock market and how to get the company on a higher exchange. I will ask him directly about it next time I visit.
I may have mentioned, and many of you already know, OneBode, Tranzbyte, Altitude Organic Corporation, Pan Pacific, etc. work together. While I was there, Peter Jacobs was pointing out that a well-known basketball player was signing on for, I believe, promoting something regarding Altitude Organic Corporation or OneBode. I was so focused on the machine issue that I really didn't catch it all exactly. There was also a small hint that something big is brewing in the agriculture sector that this company is involved in that will be an incredible development and truly affect the industry. Could have something to do with the growing of the plants. I am not worrying about it, though. This company is working hard to get their products done, done correctly and making something unique and progressive. They are cutting edge and you can see and sense it in their personalities.
I am very comfortable with my investment now. It pays to check and verify that a company is real and that the principals have integrity and are working hard to achieve their goals.
Kindly to all,
Chessman
Okay. Thanks!
PART 4 -- Some additional info
Just got back to the computer and feel good that our stock is holding up well. It's starting to behave like a big board stock -- forming a base after gapping up and getting ready to take off in the coming days.
Some tidbits from my visit to ERBB:
The machines are all programmed for each state. Each state has it's own regulations with regards to dispensing and verification. Arizona is strict, Colorado is less. I get the feeling that once the first batch of machines goes out to locations for a Colorado dispensary, there will be a push to blanket Colorado with the machines since the software and programming will be done and working for that state. Besides, once one dispensary has one, the rest will follow quickly. Then, I think, Washington and Arizona will be next. Just my opinion.
Someone asked about moving the company to the big boards. David knows about the stock market and how to get the company on a higher exchange. I will ask him directly about it next time I visit.
I may have mentioned, and many of you already know, OneBode, Tranzbyte, Altitude Organic Corporation, Pan Pacific, etc. work together. While I was there, Peter Jacobs was pointing out that a well-known basketball player was signing on for, I believe, promoting something regarding Altitude Organic Corporation or OneBode. I was so focused on the machine issue that I really didn't catch it all exactly. There was also a small hint that something big is brewing in the agriculture sector that this company is involved in that will be an incredible development and truly affect the industry. Could have something to do with the growing of the plants. I am not worrying about it, though. This company is working hard to get their products done, done correctly, and making something unique and progressive. They are cutting edge and you can see and sense it in their personalities.
I am very comfortable with my investment now. It pays to check and verify that a company is real and that the principals have integrity and are working hard to achieve their goals.
Kindly to all,
Chessman
Duplicate, please delete.
Thank you. We are on the ground floor here.
These new business ideas take time to develop and bring to market. Some will fall by the wayside and some will make it. I believe ERBB will be a survivor.
Chessman
Stop selling into the bid!
Good to see the bid moving up. Way to go!
Good to see the bid moving up. Way to go!
Watch NITE on the bid. Don't sell them shares!