PHOT: How's the Brochstein Special Going?
How many of you got into PHOT because of Mr. Brochstein's advice and his insistence that GrowLife was one ofthe only "legit" MJ companies? All the while AB was calling so many other companies out for questionable accounting, corporate practices and other shenanigans. Now the guys a ghost on iHub and SA, directly ripping people off by selling more bad advice.

DC I Like the Comparison
I have likened ERBB to Apple in many ways.

The Apple I wasn't even released to a "conference" per se. The Homebrew Computer Club was a collection of obscure "nerds" who met at a community center, far smaller attendance than the 420 festival in CO where Zazzz will be displayed. The Apple I also did not receive so much press, in large part due to the fact the internet wasn't public then. Also I have seen several posts admonishing Stephen Shearin for his "appearance" which reminds of how people reacted to Jobs shoeless and showerless look back I the day. Save the suits for weddings, ceremonies and court dates.

In both ERBB and Apple's case, the release of their flagship machines were met with overwhelming enthusiasm.

Its a great time to be an ERBB shareholder!

American Green Has More Than 130 Orders
My order number was in the 160 range

Large Chunks at the Ask
Gotta clear away those big volume at the ask for .057 and get this over the .06 hill.

ERBB is So Well Integrated Within Cannabis Industry
A percentage of profit from cannabis sales via Zazzz machines could become the major revenue source. Residual sales of OneBode health products via Zazzz exposure would be icing on the cake.

Then Traznbyte dips into the cultivation side with Jurrasic O2 Systems. Other MJ stocks have been high fliers based on this sector alone.

Once again Zazzz comes back for more profit potential with a line of Zazzz branded vapor pens. And if you can't make it to a Zazzz machine, shortly you will be able to get one online at Americangreenzine.com.

The website could also become a nice revenue generator with ads and even products of their own. I plunked down a few hundred for some American a Green swag.

Of course, the other big play here is the international markets. Who knows what's to come of Tranzbyte's partnership with the respected Canadian MJ firm Abattis Bioceuticals.

Just Ordered Swag from www.americangreenclothing.com
I'm getting a bunch of stuff here to distribute amongst friends.
The logo and name are great. Now they just need to make golf shirts!
My order # was in the mid hundreds so it looks like they're getting some good action in the first few days. Hopefully 420 events will help keep the good vibes flowing.

Broad Based Sell Off
The Dow, Nas and S&P all went red during the same time. Still not looking good if we close below 50.

Gotta Hold That 50 Day EMA
If ERBB closes the AM gap and drops below the 50, things could get messy. A close below the 50 would throw up a nasty bearish engulfing candlestick on the daily chart.

http://stockcharts.com/h-sc/ui?s=ERBB&p=D&yr=0&mn=4&dy=0&id=p59005789179

Got Back Into MJNA @ .18
Had to do it. After knocking my knees and selling my final MJNA lot last week, I finally removed my diapers in favor of my big boy pants, buying a respectable amount. While I lose my amazing cost basis from the original purchase, I have a lot of cash to re-establish a position.

MJNA is still a risky play, but no more risky than prior to PHOT's halt. Funny thing is, its not like we didn't know about the SEC inquiries with MJNA as it has been disclosed and discussed to death long before the PHOT halt. Regarding Llamas, I'll wait until there is a ruling in his case before passing judgement.

I noticed the ERBB board got put in time out by admins. Pretty comical stuff over there.
Oh yeah and what's up with Dixie getting cozy with ERBB? As an ERBB long I'm all for bringing the 2 brands together and would think the group could be triple threat.

Good times.

The Talk of 4/20 Will Be Zazzz
Hopefully American Green can crank out some apparel for the upcoming holiday. I wonder what sort of progress has been made on the Zazzz branded vapor pen, another item that would be great to have for customers on 4/20.

Folks the 420 celebration in Colorado is the start of an industry event similar to CES in the tech world. It will become as much a trade show as it is a festival. And what do you think will be front an center this year....?
Yeah, ZaZZZ! I don't know what Shearin has planned but it would be amazing if a machine was on hand for display. Either way the Tranzbyte folks will hopefully have a decent presence

Check out the Yelp link for a place called Zen Healing in West Hollywood, CA (http://www.yelp.com/biz/zen-healing-west-hollywood). Contrary to common knowledge, as in the case of Zen Healing, there are shops in LA that currently use traditional vending machines to dispense products directly to customers. Scroll down to the reviews and check out the praise the machines get. I've been to this place for years and while the machines are a great feature, being able to swipe my credit card and get the goods would be a lot easier than feeding in a bunch of $20s.

I'm not expecting a major boom in ERBBs pps before 420. For the past 2 years he MJ sector has not performed to well during this time of year but there are so many catalysts. Maybe a PR after the holiday announcing even more Zazzz placements? Washington legalization. November election cycle. DOJ rescheduling. Banking.

LATF: Got My New Doc Spot
I've been a medical patient in CA since 2003. The new LATF medical evaluation office is extremely close to where I live in Beverly Hills. I can't wait to check it out when my script expires in August. I like using products and services provided by companies in which I am vested.

*Shearin Said Only Few Machines to Generate Profit
I don't have the exact PR or quote but it was from one of the PRs announcing the Herbal Elements placement. Shearin said that only a few Zazzz machines would quickly bring Tranzbyte into the black.

*stupid autocorrect

ERBB: Chart Setting Up Nicely with Spinning Top
http://stockcharts.com/h-sc/ui?s=ERBB&p=D&yr=0&mn=4&dy=0&id=p59005789179

Today ERBB put in a solid spinning top on the chart.

The black spinning top is often a sign of a reversal especially when it follows several down days. The sellers are clearing out and bears are losing control. The other indicators on that chart are flexing;
RSI and StochRSI are breaking upwards after dipping below normal ranges. The StochRSI has bottomed hard over the past few days. If the pps can sustain some upward moment over the next few days the MACD should ramp back up nicely. ERBB closed on the 50 day SMA which was a positive development.

"Escape goat". Man These Bashers are Hilarious
Boy if only there was a Pulitzer for stupid writing.

And that dude would have killed his spouse if he was drunk, high on meth which he was a user of, weed or stone cold sober. Let's also not forget the other issue of GUN SAFETY which is far more dangerous than weed.

US Annual Gun Deaths = 30,000
THC overdoses throughout known time = 0
Don't give me that driving while high crap either because more people crash and burn because they are distracted by dropping a french fry in the crack between the seat and console.

Hox That is Nonsense
First of all, I did not see an 7.7m blocks pass on Level 2 but I haven't been watching the ticker every second. That's not to say I don't believe it but I prefer to have my own visual confirmation. I'll check the daily trade log later but who knows where these supposed chunks come from? Are you certain it was a single trader with a sell order or multiple orders bunched together? Was it a backlog of trades from .048?

Second, you have made some outrageous assumptions and then drawn even less credible conclusions. You are telling people to be concerned when there is absolutely zero evidence of what you claim. It's like telling a driver they could get killed because a tire could come refilling off a car and smash through the windshield.

Third, dilution occurs when new shares are issued from the available shares. As ERBB officers have repeatedly stated there are NO PLANS FOR FURTHER DILUTION OR A REVERSE SPLIT. Even if your wild assumptions were correct and it was ERBB liquidating shares for income, the shares were absorbed by the market so there is no dilution.

You have jumbled in some catch words, followed by some spooky speculation and then talk about clearing out your position. Go for it man. I just hope others don't take your word too seriously.

Just Wait Until Venture Capital Pours In
Tranzbyte desperately needs money to fund a sales team in multiple states. A team that is up on current market trends, state cannabis laws and product info.

When venture capital from funds and institutions pours in this is going to get absolutely nutty.

There are already some groups like the High Times fund pledging $100m to spread across the industry but any day now, the Feds could reschedule cannabis, opening the gates for institutional investment.

New Email About Press Coverage
The latest release is about the explosion of international press coverage.

"We Are Readying the First of Several"
That's what our man Stephen Shearin states in the PR.
I'm too lazy and preoccupied to go back and dig up the PR, but a few weeks back Shearin also stated that only a few of these machines would put the company in the black once they are installed.

Fantastic

CALIFORNIA IS COMING
I'll have more confirmation this afternoon but after an exchange with the owner of the LA dispensary I frequent, he is asking me to put him in touch with Tranzbyte. I have been dropping the Tranzbyte name around and until now, none of the dispensary owners have ever heard of Zazzz. Surprisingly most of them have never even heard of Tranzbyte's LA based competitor, MD8X. HOWEVER, contrary to popular knowledge, there are numerous shops in LA that have traditional, coil-release vending machines that take cash inside the store. Zen Healing in West Hollywood has one and even without the technology, it is a great machine because it's so easy to pick up edibles or prerolls.

Back to the headline of the post. Since the Zazzz unveiling party and all the subsequent press, I have had 2 separate dispensary owners contact me about the machine. And here I thought these guys were just a bunch of stoners who blew me off! Turns out one of them really wants a machine and was asking if I knew how to contact the company. I posted yesterday about how I am going to dinner tomorrow with this guy but he texted me today asking if I can meet any time today. To which I replied, of course.

So now begins my unofficial employment with Tranzbyte. For privacy reasons, I will not disclose the dispensary name just yet but I will try to do a simple synopsis of my "sales" meeting.

People Said That About Steve Jobs

ERBB COO Stephen Shearin on Steve Malzberg

Beach Stormer There's Another Side to That
The "idiots" at Tranzbyte have mentioned they are not trying to inflate the stock with PRs and BS. They are working to create value to the company as a whole by expanding operations. Unveiling the machine and keeping the Zazzz the focus of this party is part of a significant branding effort and it worked brilliantly. The press is enormous. The interest is there. And most important, those in the industry have now seen the machine.

For weeks, I have been dropping the Zazzz and Tranzbyte name at my local LA dispensary but they had zero knowledge what I am talking about. Monday, the owner emailed me and setup a dinner Thursday night to discuss investing in the MJ market. This is the same guy 3 months ago that had no idea how to set up an investment account and thought that required a physical person/broker to do it. What company do you think was the first one he mentioned investing in?

I have also received several emails from friends about Zazzz, some from friends who knew of my MJ investments and others who sent links to articles but had no idea I was invested in the actual company. I don't want to get into specifics but I am advising several of these folks on MJ stocks and some of them plan to spend some decent coin across the sector. Guess who they want to buy, "which ever company is making that Zazzz thing."

Finally, I was incredible pleased with how Stephen was quoted in the press. He isn't shilling ERBB. Her discussed compliance and made a touching remark about safety using his young daughter as a reference.

In 1980 when a skinny, fruity bearded guy and his fat, bearded friend were selling computers they built in a garage to nerds at community center gatherings, would you have guessed that was the start of the world's largest corporation?

Shopping the Drop
I'm going to start reinvesting some of my profits. The market is ripe with fear and rightfully so. There are some shady players but I'm willing to take the risk. I took the same risks in the MJ market over the past years and was rewarded greatly. There is a lot of blood in the streets, both in the MJ market and across the broader markets as a whole. Several of my strongest positions are below their 50 day SMA which has me cautiously looking to buy but waiting for a possible dip to the 200 day SMA before I really start buying.

Today I picked up some more ERBB at .045. Sadly I wasn't available to buy when it dipped under .04 but I have a feeling there may be another opportunity.

I also cleared out my CBIS and MJNA positions. I am looking to get back into MJNA but have had trouble contacting the company regarding some questions. I'm thinking if MJNA hits .15, I may start tapping the ask. I don't think I'll get back into CBIS because it's so fugazi.

I may also add to my TRTC position but that stock is very rich and my cost basis there is .20 so I'm not going to average up too much.

Almost Added to My Position Today, Almost
After the AM pop I was tempted to get a few more SKTO shares at the .0244 range. My buys have been at .007 and .0125 so I'm not feeling the need to buy or bail.

I want to like SKTO. LA based, as am I. The annual report outlines an interest business that seems to be directly involved in the cannabis business. That's as exciting as it is worrisome because the whole business seems to hinge on Holder's comments that the DOJ will stay hands off in legal states.

The "Getting Doug with High" PRs are a little long in the tooth. The show is good, I'm pleased to see a marketing effort because that's how products get moved through legal channels. But the PRs about each episode are wasteful when 1 simple PR of sponsorship would be enough.

Unfortunately, as booming as the cannabis industry is, the biggest threat is really the black market and SKTO needs to beat that. Sure, using the authorities like alcohol would be nice but that's a ways off. Right now, decent products are still available for delivery by black market players and the cost is often better.

Also, am I missing something, but where is the balance sheet on today's annual report? I feel like I'm taking crazy pills!

I was going to cut SKTO loose but I trimmed my MJ positions elsewhere and have added to others. I'll,give this little conundrum a little while longer before selling but if SKTO keeps dropping, I'll start shopping.

BOT Big Chunk at .420, Buying the Bleeding
Had to do it. Still have a CB under .01
Buying the blood!

And Exactly Why Would That Happen?
If you are going to make such a bold, inflammatory statement, the least you could do is qualify it with some facts.

Do you say that because another stock was halted? If so,mother ANY stock in this sector could get halted which is a risk people will choose to accept or not but your baseless statement should not be part of that decision.

I assume you are also aware that ERBB's legal counsel is a former SEC lawyer. If there is one thing I know about the SEC is that the employees do not start trouble with each other. See the SEC is made up of 2 kinds of people:
Folks with past employment on Wall Street
And
Folks looking for a future employment on Wall Street

That means they don't want to ruffle any feathers and ruin their chance to return to or begin a career on the Street.

This is a BROAD BASED SELL OFF
Let's call it what it is and not get it twisted.
ERBB is down significantly from the .11 high and the sell off has been exacerbated not only because of the PHOT halt but by a general MJ market sell off followed by a complete market sell off. High fliers like FB and AAPL have dropped 10-30% and the VIX/VXX fear indexes are spiking, the Nasdaq is being taken out behind the woodshed and there's little relief in sight. April is a bearish time of year. Tax time, weakened Q2 earnings after holiday madness, and historically there tends to be negative global events around 4/20. Traders also get ready for the whole "sell in May and go away."

This makes me far less concerned with the ERBB sell off, yes technically of we lose the 50 day SMA, there could be pain a head ahead, but that pain could present a great buying opportunity.

For those upset that the Zazzz release didn't send ERBB to .20, you should have listened to the few of us who urged caution and temperance. I've been through this many times before with AAPL after product releases or spectacular earnings reports, the stock sells off for no good reason.

Tranzbyte played the Zazzz release with perfection. They had the unveiling party and did not issue any hype PRs afterwards, they just let the media organically take over the story. ERBB is a real business

I'm Nibbling Today
As I posted before the day and on the day, I sold 10% of my position at .105
Right now I am flush with cash and am looking to reinvest. My blue chip, big board and Nasdaq portfolio are pretty tight so I'm going to put back some of the profits into ERBB.

I have been hammering the .045s but will save my dry powder for lower. Sadly I believe that .015 is a real possibility because of a fat gap there. Should ERBB dip that low I will be poring at least $50k of profits into the stock. I also have several friends and family who will be ready to get in should ERBB dip into the .015-.03 range.

Folks this is irrational panic selling and profit protecting. It is the worst kind of selling because it is based purely on emotion. I am even less concerned about the sell off because other exceptional companies like AAPL have sold off at the very same time for no good reason. Just like ERBB, Apple has some outstanding products coming up and entirely new markets to explore: AZ and CA MJ markets for ERBB and China Mobil for Apple.

Gee I Wonder Who Was Prank Calling Tranzbyte
Vince was that you and the TurdBox crew?

A few days back Tranzbyte Tweeted a request for people to stop calling the company and swearing at employees. I wonder.......

MedBox Good Luck Suckers
First of all, ERBB and Zazzz are in the headlines because the media was interested. ERBB issued a PR about the party one week ago and has not issued one since. If they were whores like MDBX and other MJ plays there would have been 10 PRs in the past days leading to the event.

No, ERBB and Tranzbyte played this one like real pros. The media frenzy ensued organically not because Tranzbyte rammed it down people's throats.

As for TurdBox, good luck with any legal action Vince. Saying ERBBs enormous press exposure is bad for the MJ sector is wrong in so many ways. Like I said above, Tranzbyte did not contact the hundreds of media outlets talking about Zazzz, it happened organically. Additionally,the majority of those articles do not even mention ERBB, nor does the COO Stephan in his quotes. He kept it classy with a very well placed comment about safety referencing his dear child. Besides the vending machine concept has so much common technology, MDBX's "patents" would barely hold water as ERBBs Zazzz machine are totally different.

Aside from that, Vincent Mehdizadeh IS WHAT IS BAD FOR THIS INDUSTRY. He is a convicted criminal, charged for practicing law without a license. He was forced to step down from MedBox CEO because of this.

Should MDBX even cause a whiff of legal trouble for ERBB, I will buy $25k of MDBX stock and look for every possible avenue to sue the crap out of the company. I come from a long line of corporate and public interest lawyers who would happily assist after the returns I have generated for them over the year.

Buy the Rumor Cycle Will Resume Shortly
Right now the rumor is that there are roughly 30 dispensaries across CO, AZ and CA that have contacted Stephen Shearin about Zazzz placement with as many as possibly 100 placements.

Here are some figures to consider:
CO pulled in $2.5m in tax revenue from merely the first month of recreational legalization of cannabis at a 30% tax rate. Assuming that was about $10m in total sales, that would average over $120m sales per year. If ERBB could capture just 1% of the sales through Zazzz that would be at least $1.2m per year in one state alone. And that figure doesn't factor in that Zazzz would also vend a Zazzz line of vapor pens, American Green apparel and of course, OneBode products (a Tranzbyte company).

Now spread that out over the 22 states with legal medical or recreational MJ and that's around $30m annually from Zazzz machines. Don't forget 15 states have some sort of legalization measures in the upcoming 2014 ballots so the market could expand to 37 states by 2014. By 2016 there could be full nationwide legalization so the figures could easily be as high as $100m+ per year for just the Zazzz machine.

And this is ONLY based on Zazzz potential.

OneBode could become a billion dollar entity as well. With multi-year NBA MVP / superstar Steve Nash as a partner, OneBode (pronounced One Body) could be a monster. Once cash starts flowing or even using share grants, OneBode could work with Nash to secure sponsorships of high profile athletes.

Then there is the Jurrasic O2 cultivation systems which provides great crop yields and shorter grow time, increasing and reducing both respectively by about 50%.

Oh yeah, and ERBB has partnered with Abattis Bioceuticals, a high respected, publicly traded Canadian MJ company.

Last November I wrote a post title "I'm Giving ERBB Until Q2 2014"
Guess what? It's Q2 2014 and I have taken enormous profits since my massive buys last year. Right now I'm just along for the ride, holding the leftover shares for bank or bust. This is the first time in 2 years of following ERBB that I am confident this company is moving forward with the concepts that first intrigued me and got me to invest in the company.

Today's drop does not frighten me a single bit. Could be premature "sell in May and go away", could be tax selling, either way it's has been a broad MJ sector sell off for the past few days after many people take profits on an insanely hot sector. Surely the PHOT halt has folks rattled but I will repeat this important fact again;
THE SEC IS NOT, REPEAT N-O-T LOOKING INTO ERBB. The SEC release regarding the PHOT halt named several other MJ stock, OF WHICH ERBB WAS NOT A PART OF.

Invest or trade only at the level in which you are comfortable. Do not trade or invest with capital you cannot afford to lose because this sector is still volatile.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=100570746

The Market Can Be Counterintuitive
Buy the rumor, sell the news?
Maybe, but the whole MJ sector is down and the big board / naz / s&p have all significantly retraced from their highs.
Tax time?
People may be raising capital to pay taxes.
Winners being sold?
Winners get sold off especially in times of uncertainty.
Flippers and traders?
There have been some wild pps predictions and ERBB clearly did not hit $1 today so the chicken flew the coup.

The news also takes time to absorb. ERBB was not mentioned in much of the press and that's a good thing because a mad rush would just create a bubble from weak handed momo buyers. To some extent that is happening right now. The past few weeks have seen a lot of new investors, including those who bought at the real 52 week hi of .11, reached in March. The folks who have not dumped are looking at as much as a 50% depreciation in their shares.

Then you have the crazy pumpers who thought ERBB would hit $1 today. We have to be realistic. I'd love to see a massive spike to dollar land but I also know that is unlikely without an enormous catalyst.

Here is some perspective:
AAPL often sells off after reporting record earnings. AAPL also sold off after announcing a deal with China Mobil. China Mobil has 700m users. That's 700 MILLION USERS. Thats 2x the USERS than the entire population of the USA. That's potentially another $100billion worth of business for Apple and could double the company's already outrageous profits. BUT the stock sells off

To the contrary, FaceBook barely makes $1b per year in profit compared to AAPL's $50b profits (a 1:50 ratio) YET FB is valued at 1/3 of AAPL (1:3). That math doesn't add up. Considering Apple has $170b in cash, zero debt and adds $50b in cash per year, YET AAPL trades at less than 3x cash holdings:
Either AAPL is overvalued (unlikely at less than 3x cash holdings)
Or FB is so grossly overvalued (still think that company is in for an AOL like implosion)

Regardless, the point is, the market is irrational and often counterintuitive. If you are a long term investor, I recommend parking your money and walking away.

SEC is NOT Looking into ERBB
Period.

When PHOT was halted last week, the SEC named several other MJ companies they are looking into but ERBB was NOT on that list.

Don't forget, PHOT executives were dumping shares and their accounting practices are being called into question. The other companies are being persecuted mainly because of past dealings of company officers.

TO REITERATE:
ERBB WAS NOT, REPEAT NOT NAMED BY THE SEC IN THE PR ABOUT PHOT'S HALT

ERBB: Welcome to the Rise of the Machines
I see a lot of new folks here on the ERBB board. Welcome. This board has some excellent members who have provided spectacular feedback, analysis and due diligence. Many of the members here are in close contact with Tranzbyte / ERBB executives, providing information directly from the company. You will have to use your discretion as to which posters to follow but this has been a great forum. Lets keep it that way.

Here is what we know so far about ERBB:
First of all, Tranzbyte is the parent company and ERBB is the ticker. ERBB includes Tranzbyte, American Green / American Green website, Zazzz vending machine, OneBode nutritional products, and Jurrasic O2 cultivation systems (forgive me if I left anyone out). Tranzbyte / ERBB has also entered a partnership with Abbatis Bioceuticals (ticker ATTBF), a stable Canadian MJ company. According to a press release, Tranzbyte is also partnering with the Vapor Group (ticker SPLI) to develop a line of Zazz branded vapor pens. Tranzbyte is also developing a relationship with a Colorado edible maker, BeyondMars, a company that will provides products for Zazzz machines. And that’s a quick summary of the subsidiaries and partners of Tranzbyte / ERBB.

Clearly the focus of ERBB right now is the Zazzz vending machine. Linked below are several resources to better understand exactly what Zazzz entails. While the revenue details have yet to be disclosed, the potential is enormous. The Zazzz machine could be placed in locations worldwide. If Colorado alone pulled in $2.5m from roughly 25% of sales IN ONE MONTH, IN ONE STATE since the inauguration of recreational legalization, just imagine what sort of revenues Zazzz could generate. With 22 states currently allowing for medical or recreational use and 15 states with some sort of legalizations initiatives on the November 2014 ballot, the Zazzz machine has 37 states on the radar. Someday it will be all 50 states and judging from the worldwide press attention linked below, Zazzz could become a billion dollar global brand.

The American Green Website is another interesting aspect of ERBB. Eventually the plan there would be to draw advertising revenue. The Jurrasic O2 systems are fascinating and increase crop yields dramatically. ERBB is locking up a vertical setup from seed to sale, drawing revenue from cultivation systems like Jurrasic O2 all the way to the sale via Zazzz machines.

It is an exciting time to be an ERBB shareholder. Right now the play has favored both investors and traders since at .06, ERBB is up over 3000% in the past few months. There is a strong base of long term investors who have long since taken profits and can stand tall through these big swings.

This weekend I urged caution. Keep in mind that the Zazzz machine being setup in Herbal Elements is still in the inception phase. ERBB is beta testing for the next few weeks before actual sales start gearing up. Nevertheless, that just builds more excitement, more press and more time to start getting additional contracts.

For those expecting $1 over the next 3 days, I wouldn’t bet Jr.’s college fund on it. Sure, that is a remote possibility but not without revenues or a PR that Zazzz is ready for several locations. Tranzbyte’s COO has supposedly said there is progress in AZ, CO and CA but keep it real on the expectations for now. ERBB has 3.5b shares OUTSTANDING and 4.5b AVAILABLE. A $1pps would value Tranzbyte / ERBB at $3.5b which is a little rich right now. But hey FaceBook is worth $150b on 1/100 revenues and AMZN is trading at 1,000 p/e so crazier numbers have been achieved!

American Green Website (American Green is a division of Tranzbyte / ERBB)
http://www.americangreenzine.com/zine/marijuana

LumberDoktor / Jacobsen Enterprises Twitter with Pics / Details from Zazzz release party
https://twitter.com/TheLumberDoktor

4/06 Interview with Tranzbyte COO Stephen Shearin courtesy of Pot Stock Radio
http://www.blogtalkradio.com/suicidefantasyfootball/2014/04/06/potstock-radio-with-tranzbytes-coo-stephen-shearin

3/18 Interview with Tranzbyte COO Stephen Shearin courtesy of The LumberDoktor / Jacobsen Enterprises
http://t.co/qI5JQa3WAs

Zazz Machine press after day of release
http://www.hightimes.com/read/first-customer-facing-marijuana-vending-machine-debuts

http://www.brobible.com/life/article/colorado-has-a-weed-vending-machine/

http://www.upi.com/Odd_News/2014/04/13/Pot-vending-machine-to-debut/7631397407811/

http://www.weartv.com/news/features/top-stories/stories/pot-vending-machines-unveiled-colorado-43402.shtml

http://www.npr.org/blogs/thetwo-way/2014/04/13/302551086/marijuana-vending-machine-unveiled-in-colorado

http://www.news.com.au/world/us-state-allows-pot-vending-machines/story-fndir2ev-1226883183652

http://www.capradio.org/news/npr/story?storyid=302551086

http://ireport.cnn.com/docs/DOC-1119996

http://m.9news.com/topstory/article?a=7662761&f=1272

http://www.wcvb.com/money/high-tech-pot-vending-machine-makes-debut/25455096

http://www.fashiontimes.com/articles/4924/20140413/medical-marijuana-will-soon-available-colorado-via-vending-machines.htm

http://www.wday.com/event/article/id/95767/group/homepage/

http://www.news4jax.com/news/money/high-tech-pot-vending-machine-makes-debut/25455096

http://www.theverge.com/2014/4/12/5608596/first-marijuana-vending-machine-for-consumers-unveiled-in-colorado

http://kdvr.com/2014/04/11/colorados-first-marijuana-vending-machine-about-to-start-operation/

http://www.sltrib.com/sltrib/home3/57811101-200/cannabist-shearin-stephen-machine.html.csp

http://www.mainstreet.com/article/smart-spending/identity-verification-cannabis-dispensaries-may-soon-be-automated?page=2

http://www.rawstory.com/rs/2014/04/12/medical-marijuana-to-soon-be-available-in-colorado-via-vending-machine/

http://www.20minutes.fr/insolite/1350437-etats-unis-un-distributeur-de-cannabis-presente-dans-le-colorado

Disregard .21 as 52-Week High
That was a fat fingered trade. The person who entered that was trying to buy at .021 but forgot to add the zero.

The real 52-Week Hi was .115

250ks, 92k on Bid / 10k Asks All Day
Pretty obvious what's going on there.
Random large chunks being pushed through on the bid - 300k, 273k, 92k, 651k followed by the 10k stabilizers.
On the ask it is littered with 10k bids and the occasional larger chunk.

Looks like a lot of new buyers getting in and some selling to contain the price. It's a little weird to see the ask so thin and the bid so strong but the pps still depreciating.

Makes little difference to me since I'm an investor at this point. Day to day doesn't phase me. I'm looking at the long term pictures, the one that has Zazzz machines in all 22 legal states and maybe even all 50 states in this great union.

Think about this, if Colorado drew $2.5m in tax revenue from the first month of recreational legalization, home much could Zazzz make in all 50 states taking a portion of sales from the machine? $100m, $500m, $3b?

Not Just "A" Machine, Tranzbyte has MANY Machines
Look at it this way,
Colorado raised $2.5m in taxes from the FIRST MONTH of recreational sales. That's 1 month, 1 state and the very first month since legalization. February saw an increase to $3.2m in tax revenue. Obviously for now Zazzz is starting off at medical shops but the logical next step is recreational. In 10 years, who knows, maybe Zazzz will be in liquor stores or pharmacies.

But for now, just picture this:
In the next few months, ERBB will have as many as 30 machines drawing a portion of marijuana sales from 3 states: Colorado, Arizona and the Mecca of Marijuana - California. As the business progresses, ERBB will be drawing revenue from as many as 1000 Zazzz machine locations spread across the 20 states with medical / recreational legalization.

Let's look at medical dispensary revenues in the state I call home, California. Busy dispensaries in SF, LA and San Diego can make over $1m/month and over $20m/year. The average dispensary pulls in about $100-250k/month or a little over $1-2m/year. There are an estimated 1500+ dispensaries in CA alone.

I don't know the exact revenue structure per Zazzz machine but just a small portion of California's dispensary revenues could be $25m per year. If ERBB can take a meager 2% a year on some of the bigger shops that is $400k/shop ($20m shop revenue x 2% = $400k). Pull that $400k from multiple shops and a few $ from others and California by itself could be worth $10m, $20m? BUT spread that out across the 20 states with medical legalization and the revenues numbers could be over $100m. That would certainly justify a billion dollar market cap for ERBB!

My Profits Say His Analysis IS Erroneous
I'm not going to go over his 1800+ posts or 700 SA articles or xxx instablogs or scour 420 Investor
BUT
On several occasions Mr. Brochstein has said to "stay away from MJNA". For those of us who did not stay away, great profits were made. What is so hard to understand about that being wrong?

Calling a stock a "dud" and insulting someone who posted about buying 250k shares at .16 before the stock jumped to .47 is erroneous in my book.

The funny thing is, when I look back at my past MJNA "analysis", I have repeatedly urged caution and expressed concerns about MJNA similar to Alan. However, I did it without baseless, negative speculation about why Dixie filed suit against their holding company or how management is selling shares (both false information spread by Brochstein and the others who have polluted the MJNA board).

Most important, I did it to keep positive conversation going about MJNA, NOT to promote a self serving website. I've recently been approached about starting a site and even had a buddy, a former coworker at Merrill, ask me to work with him to cover MJ stocks for his hedge fund. But that's not my game. Operating on my own what makes me happiest.

Folks Let Keep It Real with PPS Predictions
I'm just as excited as the next guy and have a substantial position here but we've gotta try to be realistic here. Some of these predictions are getting a little wild.
$10
$30
$50
$100

Those numbers, ESPECIALLY this week are pretty ridiculous. Not saying it can't happen but stop for a second.

Apple Inc makes about $40 BILLION in annual profits. That's pure profits after operational expenses. And the company also has $160 BILLION in cash. CASH! Oh yeah and ZERO debt. And Apple is valued at $500b+, just over 2x their cash holdings (granted it is still drastically undervalued).

Now I'm all about making analogies with Tranzbyte and Apple regarding the simplistic launches of each company's first initial product; Apple releasing its first computer to an offbeat gathering of nerds and Tranzbyte releasing Zazzz to a group of "stoners" at a Q.....Or even how the potential of Apple and Tranzbyte's products have initially been misunderstood.

But that's where it stops. And the MSFT comparisons get even more absurd. MSFT ballooned to 10b shares after decades of growth and stock splits. The company also raised billions from their IPO and has operated without debt since the inception. I do like SIRI comps in regards to share structure and MDBX in regards to market cap but comps are really for real estate, not equities.

I've probably pissed off a few of you with those statements but I'm just trying to keep it real.

In an effort to keep it real on the high side, when I get all warm and fuzzy about ERBB, I can envision a $100b market cap down the road. Heck, FaceBook is valued near $150b on less than 1/100 revenue and stupid apps like WhatsApp are valued near $20b with almost zero revenue opportunities. When I consider the scope of Tranzbyte's business as a global tech play, agricultural play, cannabis play, a social media network play.....it could be huge.

All I'm saying is keep the crazy in check. It does nothing to help the immediate stock price or to build confidence in shareholders. Pie in the sky predictions causes weak hands who impatiently expect unreal gains.