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Knuckles no amount of DD would show this is a good investment. The company can't deliver on its many, many, many promises. No results, that is the only DD you need.....have you seen a new facility in Hemet? Have they started the new facility in Sparks? Why do they only have one working machine in the market when they said they would have 18?
Partnerships with other pinks sheets? Yep, plenty of them.
Debentures to fund operations? Yes please.
Imminent jack up of the A/S? Most likely
There is literally not one thing to like here.
Results. The only thing that moves this thing now is tangible results. I believe the market is fed up with forward looking press releases and the company has had no solid results from anything. If the company can't prove something real has happened this thing stays in the basement. No more:
- Machine launches that are not launches
- 300% sales increases without mention of what the original sales baseline was
- Partnerships with other pink sheets that deliver zero
- Creation of grow facilities that never actually happen
Until they actually do something people can see, we stay here or go down
Lets also remember AG has spent close to the last two years developing Zazzz spending millions of dollars in doing so and now they need a tech partner? They could not figure out the regulations in say CA and create the machine on their own?
Johnny, I am sure you are super smart, but lets review some facts here......they have stated multiple times that the Zazzz was going to be launched and it has not and they have never given any rationale as to why. Not sure I call that super honest. Remember the live webstream from 4 locations last June?
You say, they have the tech we can use but they also have a lesser product? Johnny, this is just smoke and mirrors like the other pink sheet partnerships they have done (USEI, DBMM for example).
Where is Zazzz? Where are the 18 machines that were due to be operational in January? How come only one is working and it does not do facial recognition? Zazzz is a failure so far.
remember gywther bought like 600 million shares of DBMM before they announced the partnership
I think today's news indicates the machines are no where near ready for operation, otherwise why would they need a technology partnership. Of course AG won't tell us why the machines are not working.
Still only one machine working and yet another partnership with an pink sheet. Not great news. It looks like Endex did about $6,000 in revenue last quarter and has about $7000 in the bank. Should be a great partnership.
It is a simple question.....they have hyped and hyped Zazzz for a long time now and have announced multiple delivery dates that have all come and gone.....why don't they give us a clear, concise update on the delays? what are they hiding?
everyone keeps saying it does facial recognition though.........
so it doesnt do facial recognition?
So why don't they launch the machines without them being networked? Being networked should not stop them from being operational.
The whole networked thing is a bunch of BS in my view, why is it important for a machine in WA to be linked to a machine in AZ?
many things could be the reason, why won't they tell us? they said 18 machines operational in early Jan and now we only have one.
Knuckles, where is a working zazzz machine with facial recognition? Please give me the address.
Knuckles, please show me one operational Zazzz machine with working facial recognition. You can't because it does no exist.
Zazzz network fired up 25 days ago, but still only one working machine and that one does not do facial recognition.......what is going on?
Sure it has occurred to me. It has also occurred to me that it does not work. Of course all we get from AG is the zazz network is operational and 18 machines have shipped.....no update on status on the machines......
spent 2 million dollars on facial recognition yet have no working machines doing facial recognition...boom
Knuckles, any of these facial recognition machines working yet?
Actually take a long look at the history of this company and you will see the truth in it. Lots of name changes and new directions.
I have been in touch with HH and yes their machine is working. Unfortunately it does not have any of the ID verification software installed so it is just acting like a standard vending machine. This is not Zazzz in my book.
Hey knuckles if ERBB is so good why is it down again today and in fact down 90 something percent since last year?
Do you think it is:
1) The failure of the Zazzz launch
2) The huge loss they posted last quarter
3) The continued use of debentures
4) The seemingly imminent increase in the A/S
Maybe a combination of factors?
In my opinion I don't think they will do the R/S anytime soon, even though they need it. An R/S is a bad sign and would send shares tumbling, they can't do that as it will upset the debenture holders. I think they are just going to increase the A/S quietly and say it is for further roll out of Zazzz or integration of the acquisitions or some crap like that.
what about the Colorado, California and Michigan machines? Are they on hold as well?
Why wont' AG give us a truthful update on Zazzz? How about something like this:
We ended up shipping only 10 machines instead of 18 because we were having problems with xyz. We are addressing xyz now and we think we will have it fixed in abc weeks. Until that time only one of our machines is operational.
Please show us one other location that has a working Zazzz? Nature's kiss is supposed to be online but reports are that machine is not in operation.
It would be good to see one machine working doing age verification. Hempful Farms could have gotten any vending machine to meet their needs.
over 100 years maybe
The one at Hempful Farms is, but that appears to be the only machine working. Why would I call the company?
that guy using the machine looked like an employee to me......anyway those machines are not live now, why not?
actually i think it does matter.......this is just acting like a standard vending machine.....i have not seen one in operation that does facial recognition....sure they talked about it seattle but those machines are not online
I have been in touch with them and have heard the same. Unfortunately though the machine is just acting as a traditional vending machine as it does not have or need the advance age verification system.
So we have one confirmed Zazzz working but not doing what the promise of Zazzz is, age verification.
It is always the MM right? couldn't have anything to do with the debentures, failure to execute on the flagship product, seemingly imminent need to raise A/S or the huge loss they posted last quarter.
so you agree with my opinion on expenses then?
done deal.......i bet expenses are way up as well so the net loss picture will be very bleak.......it seems like they had a lot of travel and PR expenses in Q1 due to the failed zazzz launch in Washington
i bet revenues are flat or down.
I think it is just a couple of more weeks before the wheels start falling off of this company. They can't keep not delivering for ever.
Nice lie knuckles. SEC investigators giving inside information on whether a company is legit or not?
Also the reason it is not in the trips is the scam has not been fully played out yet. Just wait a while longer IMO