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UAPC trending down. Saudis are flooding the market with cheap oil. Tough to be profitable when oil is trading below $70/barrel.
I agree with your analysis. It will be very interesting to see how ERBB gets traction as a company. The fact that they are taking a multiple prong approach is encouraging. To really raise their market cap they will need several strong income generators coupled with a share buyback. In the absence of a reverse split, I think some form of buyback needs to happen to address the large number of outstanding shares. These guys dumping ~1B shares would provide a great low price opportunity for an ERBB share buyback, but it may be too early in the process to accomplish this.
I believe you are correct. Leasing the machine reduces liability to Tranzbyte and places the burden on the establishment to legally sell Cannabis products, but more importantly legally earn $ selling recreational cannabis products. All ERBB will do is garner percentage of the sales as a payment for use of the machine.
Here is the most recent share structure information for ERBB.
The float is ~3.2B shares!
ERBB Security Details
Share Structure
Market Value1 $175,521,688 a/o Apr 22, 2014
Shares Outstanding 3,475,676,996 a/o Dec 13, 2013
Float 3,191,885,389 a/o Dec 31, 2013
Authorized Shares 4,750,000,000 a/o Jan 13, 2014
Par Value 0.001
Shareholders
Shareholders of Record 408 a/o Dec 31, 2013
Corporate Actions
Ex. Date Record Date Pay Date
Dividend (0.00) * Dec 31, 2010 Jan 11, 2011
Dividend () Sep 28, 2004 Sep 30, 2004 Oct 22, 2004
Security Notes
Cap. Change=shs decreased by 1 for 50 split. Pay. date=02-02-99.
Stk Div.=4%. Ex-date=6-8-01. Rec date=6-6-01. Pay date=6-15-01
Capital Change=shs decreased by 1 for 1000 split. Pay date=06/25/2007.
Short Selling Data
Short Interest 4,759,803 (197,484.188%)
Mar 31, 2014
Significant Failures to Deliver No
Transfer Agent(s)
Olde Monmouth Stock Transfer Co., Inc.
Does someone have a recent share structure? What are the A/S and O/S?
Thanks
Thanks for the information Knuckles42,
I always thought that an unveiling would be for when the machine was actually usable.
I hope ERBB shareholders that have a chance to use the machine once it does go live will report there experience here. I am interested to see how the pre-purchase validation of age works.
GLTA
Has anyone actually made a purchase from the ZAZZ machine yet. I would like to know their experience with it?
I am sure a 7.7M block sold. Just like we all saw more than $1,000,000 in a single block be bought in a T-trade after closing this week.
I just happened to be watching L2 when it happened. Yes it could be a combination of orders but its timing and pricing was well below what was current. No one knows if it was one person or a group other than the seller(s) and the MM. Don't bash me just because I mentioned something odd happened. Not every comment that is negative is because someone has some type of agenda.
I participate in the ERBB board because I own shares. I voiced reasonable concerns and told people I saw something unusual. I rarely comment on any of the boards that discuss stocks that I own as most people either know it all, or are simply caught up in the frenzy of OTC trading, pumping, or bashing the stock with no substance.
What is your take on the current float numbers? Do you think it is good/bad or meaningless and why? How about the drop in PPS with press coverage of the new Zazz machine, additional machines being ordered, several new PRs, and a daily share volume of 250+ million?
How do you make sense of it?
Tell me what you think.
I promise I won't say you are being nonsensical ;) . I hope this works out for all of us, but in this world, I believe it is better to maintain a healthy dose of skepticism.
Did anyone else see that 7.7 million share block move a few minutes ago at 0.048? Multiple ticks below the BID. Looks like several days now huge blocks are being moved. For a company with all the world looking at their machine and back to back to back press releases why would anyone dump that huge block- other than ERBB itself? PPS should be going up. Churning is one thing, dilution is another. If the company is diluting enough to drop the PPS nearly 50% in less than one week, does that show any concern for the shareholder?
May have to rethink my investment here.
Huge buy right at the EOD, L2 showed 17,410,000 shares @0.0623
That translates to $1,084,643.00. Someone has a serious interest in ERBB. Let's hope it translates to profit.
GLTA
Doesn't CBMC have to be at 0.01 by May 1st as the new FINRA regulations will Dlist any OTC that does not meet this minimum standard?
I hope you are correct MJOTC! Saw that NITE is straddling the BID and ASK again though. Hope he moves off the ask and lets this run a bit. Volume has been decent, so with the Cramer tweet mentioning Tranzbyte, new buys could drive up the PPS. We were at .03 a few days ago so I do think it can at least make .03 today. .04 would be a healthy and welcome end to the week. Happy Valentines Day ERBB investors.
I deserve some ridicule on this one! Will keep digging!
Here is the reference that was referred to:
http://www.ren21.net/portals/0/documents/resources/gsr/2013/gsr2013_lowres.pdf
Since it is a pdf document you can use the find function in acrobat and search for the words global clean energy. Digging further, I am sad to say that the documents are referring to GCEH. I confirmed this by cross checking the reference on the GCEH website.
Good news! Better than my DD! Which is a mention of using global clean energy technology. Could or could not be GCEI. I am still waiting for a reply from IR.
I want to make sure the comments were for GCEI as there is also GCEH which stopped being active last summer. I hope I am right.
Contacted investor relations. I am interested to see how close to the vest they are holding their cards. Rumors abound regarding contracts. Will see if they acknowledge what I think I found out. Any replies will be copied here.
You just need to read the city council minutes regarding waste management plans for a few major cities ;)
L2 thinning. Nite has backed off his straddling the bid and ask. Should jump quickly, glad I got in here!
My college roommate works at the SEC, think I will send a screen shot of my L2. They already know about this MM crap, usually only one of their many headaches with the wild west pennies.
Let it run Nite!
NITE need to get off the Bid and Ask
then this will go! Pretty sure this a no no.
L2 shows NITE has GASE boxed in. Thought this was illegal!
Ask has 226K left before the next tick up. The buys coming in today should be able to knock this out.
News should be coming soon. Been patiently waiting for it. Excited to see this run!
W/O any news, large share holders will have a hard time making money as the PPS is under strict volume-based control of the MMs. Low volume = low profits.
There were some 10K share sell, but also many blocks with only 1K shares sold. Even the close was 5500 shares, yes it drives the pps up but who spends $47.90 (5500x 0.0087= $47.90). I have to say buying such a small volume does nothing but artificially inflate the PPS, the bid at .0076 making a pretty wide gap supports this.
L2 shows blocks of 1000 shares selling and occasionally buying. Who sells blocks at $10 a pop?
Volume is pretty low. Churning seems to be the name of the game here.
I just subscribed to this board. Looks like a good place! Will I receive future email alerts? I gave my email address.
Thanks and good luck to you all.
An evaluation of Aware I test was published: http://www.ncbi.nlm.nih.gov/pubmed/16512774
It received a VERY good review.
I wonder how the two products compare in cost/test? If Aware/AwareII is substantially cheaper, then I would suspect groups like the Gates foundation would be asking them to drive up I5 and pitch their product!!
Can you explain why February will be a huge milestone month? The volume today was pretty anemic. Seeing that Feb is only 2 days away you would expect a large number of buys in anticipation of something big. Just curious what your reasoning is. Thanks and GLTY
LOL! 1000 shares at 0.0078! Makes my portfolio look great.
It doesn't matter where they post any information. What matters is the PPS. Period. Trading in stocks is musical chairs. No matter what the company is. Just make sure you have an exit strategy before the volume and share price go to zero. GLTA
Just starting to look into CBMC. I read over the schedule 14a and
I was wondering if anyone here is worried about changing the AS to 2.4B, due to a HK group wanting to buy 400K shares @ 0.005/share. Would this not drop the price back to 0.005 while providing dilution of the stock beyond the 400K shares purchased?
I am wary of a 3-fold dilution.
Is this a legitimate concern?
I enjoy reading the charts here. These make the most sense to me regarding what is more likely to have a run. I am pretty new to this though even though I have been free Ihub member for a few years. I got burned on a few early on, AMNE and MGLG, mostly but I did ok on AMNE on the ride up so when it and MGLG stopped trading I had made enough to offset my losses. Thanks for having this board and taking the time to share your charts!
I think jcg0176 asks a good question. Even at $13/bitcoin
they would have to have $1.3 million dollars just for the bitcoins, not including any other things that were present during the acquisition.
News in the last hour would be interesting. Have not seen it often in the power hour. A close above 6 would be good.
Good information to obtain mplscubfan, need to know if they are diluting. Thanks for contacting them.
Just bought shares of BYSD today. I agree that a PR is needed. The number of OS is a bit worrisome when the PPS is going down, and BYSD has a gross number of OS. Will give this a go and see where it take me. Good luck to all BYSD share holders.
There has been volume the past few days. Anyone know why? I thought this stock was dead. It still looks like it is listed on the Gray Market.