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2 years, 1 working machine, if that does not qualify as a complete and utter failure I don't know what does.
This is not surprising at all given what happens on this board. Zazzz is now two years old and they only have one working machine which does not do age verification. It took them two years to get a machine to the market that a normal person could have purchased at Costco and had in place in one week.
People who look at this thing for anything other then a scam are completely clueless.
I didn't realize the Zazzz lie is now over two years old and they still only have one working machine. Here is the original announcement from April 2013 that said the initial placements would happen in Q3 of 2013, what a joke.
Lies lies lies.
http://www.prnewswire.com/news-releases/tranzbyte-corporation-announces-game-changer-in-medical-marijuana-automated-vending-202294341.html
Just as I expected, another failure from AG.
New description of Zazzz on tranzbyte website has no mention of biometric scanning.....too funny, how are the patents integrated again....what a joke
http://tranzbyte.com/zazzz/
And why do you think that has not happened yet? it is because the machines are not in place as they were promised over and over again. if they were in place don't you think AG would be posting on twitter or somewhere "here is the new machine live at Exhale" "here is the new machine live at Doctor's orders".
it would be so simple and free for them to do this.
So there are two machines then working? One in Hempful that does not do biometric scanning and one in their HQ? What a joke....how about a demo of a working biometric scanner?
You don't know this is a fact....they list multiple sites, but there is no proof the other locations are working
same post because the same concern exists......there is no working machine at a customer site with biometric scanning....fact
I will tell you what will make me believe. An actual demo of a machine in a location which sells MJ of the machine doing biometric scanning. This does not exist. The only demo is the one from Seattle and that machine has never been operational.
It means no such thing. May 7th was last Friday. That receipt is likely a failed test run by the owner. Lets face it, the machine is not up or we would see pictures.
If you longs trust sheaping after all the lies he has told you are in trouble.
They have literally announced Zazzz being operational about 7 times or more. And they only have one working machine that does not do age verification.
But funny none the less. That is almost as comical as the picture of sheeping with fraud level zero.
Not sure that is proof. Dimitry is the owner. How about a picture or a video?
Johnny lets face it. They have never, ever demonstrated the biometric scanning on a working Zazzz machine. That is a fact. All demos etc have been done on machines that are not currently operational.
Why is that? It is because it does not work. If it did they would be demonstrating it every day because it is a huge development.
I am 100% confident they will announce a week delay in filings yet again today. How complicated is it for a small company with under a million in revenue to pull together unaudited financials? They are just delaying the bad news. If it was good news it would have already been out.
Just another lie in a long list of lies.......this thing screams scam.
I would like to see a little more proof, I doubt that machine does age verification.
Yes, you have lost a lot of money and been fleeced by AG and their debenture holders.
Because I think it is impossible to do with any accuracy. Lets face it most DL pictures suck and what if you got fatter/skinnier/balder etc....I think the machines will reject a ton of people.
The machine works as a vending machine yes, the machine does not work as a biometric scanner.
Great review....this tells us absolutely nothing....George M could be anyone.....
Exhale still not listed on zazznetwork...what a collosal screw up....they can't even put up the name of a company.....
I have been in 3 tech start ups and never once did we lie about a launch...we waited until the product was available and let it go, to do otherwise is a foolish mistake.
one might think the SEC atty is there to make sure they don't cross the line. i think this is a scam, but i don't think they are breaking any laws....they will be covered by their forward looking statements, unless they are falsifying revenue or something
Now that we may or may not have our second working Zazzz, what about the other 16 from the initial shipment. When do they get operational.
Also if it takes this long and this many people to get one machine going, how are the Zazzz machines ever going to be profitable?
I have not seen a demo of a Zazzz unit that is actually in use. They had the staged demo in their office and then another one in Seattle. However the Seattle unit is not operational so I don't count that.
Please show me another demo. I don't think it works to be honest.
Does the biometric scanning work or is it just a standard vending machine like the one other they have in use?
they still have not demonstrated a working Zazzz machine with any sort of biometric scanning....why is that? they have one machine in the market and it does no age verification.
This is their flagship product of which they were supposed to have all 18 placed and operational multiple times and we have nothing.
Scam artists at work. Can't wait to see the financials.
Any update on the Sparks and Hemet facility? I think they posted a picture but did not actually say what was going on (I know big shocker there).
incorrect they said the machines would all be online by May 8th.....they said ten business days from April 24th.....yet another lie
See what they posted:
"The next ten business days will see the balance of our first shipment of machines come online as pictures and products have been put in place." They did this on April 24th..............
I believe there is only one machine in operation at Hempful Farms. That machines does not have any MJ products. That machine does not do age verification.
Why should I need to contact the company? They told us all 18 machines would be up and running and listed on the zazz network site by last Friday. I should be able to go there and get an update right? They would not lie to us would they?
So I can only assume that they still only have one Zazzz in place and I know it does not do any age verification.
are the 18 machines in place and operational? are even two machines in place and operational?
I dont think smart money buys in right before an increase in the A/S
a company that lost 154M on 900M in revenue is in a lot better position then a company that lost 2.3M on 250k in revenue. Those figures will give you something called a profit margin. Tesla's is at -.17, while ERBB is at a whopping -9.2.
this is my favorite, comparing legitimate companies to AG. Lets see, Tesla has over $1.5 billion in cash, did close to 900 million in revenue and lost about 154 million.
ERBB next to zero in cash and lost 2.3m on 250k in revenue.....yep it is fair to compare these.....too funny
my guess is that release a late filing notification on friday after market close and then release the financials the following friday after market close.
The net loss quadrupled as well, if that happens again they will be losing 10M a quarter.
why did they delay last quarter when revenues went up 3x or whatever? why did they delay the quarter before that? why did they delay before that?
i have no idea if they will, it just seems like they always do
AG is so incompetent they can't even put the name Exhale on the Zazzznetwork website....what a joke.
did all 18 machines come online last friday like they promised? i doubt it.