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When they sold Onebode, they announced they'd bought back shares. Yeah, buying companies with shares is a terrible business plan, but when you lack capital, it's the easiest thing to do, and typically, the deal wouldn't go through unless the parties involved saw potential. That, or they "sold" the company to Tranzbyte for nothing, which the financials disagree with.
Why would I bother valuing the market cap for this when we all know their OS is too high to properly assess anything? The best way to improve shareholder confidence and lower that is buying back shares, which they've already done. And technically, that's cheaper to do if their pps is lower, haha.
100 x 100 would be 10k...
Pretty sure I've seen that guy on the Yahoo message boards before, usually is an ERBB pumper I think. Wonder what the deal is...
Works for me, just wasn't sure where the date had come from, or I guess moreover why they'd let that info out when Tranzbyte has been keeping it under wraps themselves, but who knows
Where did you get the part about the 20th from? If it was from an article, last month the 20th was on a Thursday as well, for what it's worth...
Sorry, just sure sounds like the opposite of that with what you've been saying, but my bad, then. Everyone wants to make money and hates seeing red, but it happens from time to time.
If they'll be receiving vending machines from Tranzbyte.
Can you make us all a list of stocks that are super cheap, but go up every day, never dropping? Clearly that's something you're used to, and I know I for one would love to see that list so I could invest in them. Stocks drop. They go up. Often within the same day. I know, surprising, huh? If you aren't interested in something, why hang around? No one is asking for a hero to come save them. Anyone who's followed this, or any stock, knows there's going to be red days, as well. Things don't grow 2000% overnight, sadly. And when they do? They're sure as heck gonna drop. Plenty of people here believe what's being done with this company, either because they've been around long enough where they have enough invested where they're sort of clinging to it being real news, or they believe it because they believe the conspiracy theory that the moon landing was faked seems way too much a fallacy, as well. If the company has nothing, and is worth nothing, how would they have the money to pay for people, companies, PRs, etc.? Everyone is entitled to their own opinions on things (yes, stocks included), but when you've made it clear you're not interested, why keep staying around and posting about it? Aren't there better things to do, like finding new stocks, then?
I wish I had a Twitter account now, haha
Haha, yes, I understand that, I was just being facetious :p
Haha, I immediately thought of that "Siri," too. But if a vending machine told me, "I'm sorry, Dave, I can't let you do that," when I tried to purchase something...
http://en.wikipedia.org/wiki/Color_blindness
I understand now. I'm sorry, that must be hard for you to deal with.
What's the date on that article? Seems like an add-on to Sierra's previous "prediction" of an 8 cent open last week...not sure I'd believe any real part of it, though 8 cents would be pleeeenty nice.
What do you suppose the intent of the "fluff" PRs would be? Why would they have announced the PARC contract not being signed, then? Wouldn't releasing something negative like that be against everything you're suggesting? So they're reverse-fluffing? Hmm...
I don't see a stock with the ticker CWIampersand...let's stick with talking about Tranzbyte, and how fun going up is, instead
Did you not read the article? The list is the company. You don't need multiple dispensary locations, per se. One on the "list" is enough for me. And if you're referring to a list of where the machines are going, you misread what the article was saying.
I'd rather "go back read," things the company released in statements. Ever play the game, "Telephone?" Pretty easy to take, "something will be announced this month," (which there was) with, "something will be announced (which you're going to assume means the release of the machine) this very soon/by the end of the month." I think you need to revisit your own phone calls, then, because I'm pretty sure everything anyone posted about calling was pertaining to news this month, not a machine release.
1- there was no "guarantee," per se, just announced that it would be released, and 2- it was said to be released first quarter of 2014. That means anywhere between Jan. 1st, 2014- March 31st, 2014.
A 20% increase (slightly less than today's movement) would have it over 50 cents during day 20 of the 30 mentioned. Definitely possible, just very unlikely.
Even if he sold then, he was just making a profit without it being insider trading, since that run was just fueled on nothing. 8 mil shares isn't exactly a huge dump with this pps. Now, if he sold like today or something...
There is nothing false about anything the PRs have released. Have you never been late for a deadline, or predicted a certain timeline, but realized you would not make it? They've announced Q1/2014 as the release date, and this new press release just reinforces that. Throwing out old information isn't useful when something was announced LAST NIGHT.
It doesn't take huge volume to move the price, small volume can, too...if a single share isn't traded the rest of the day, the stock still would finish up, without there being "massive" volume. And a look at past days shows large volume can mean the stock moving nowhere, or even slightly down. It just helps to have that volume, because more people are aware of it, and definitely can help the stock move more quickly. But semantics aside, it's going up, that's enough for me!
which seems just a tad bit sketchy, I think...but, as long as the stock is going up, opinions are just that: opinions! Just stinks if someone along the way that bought at X amount decided to take a loss because of things that were negatively said...
I'm not sure you understand what "need" means, but yes, I agreed, the volume SPEAKS volumes to what it takes to move this stock in the upwards direction on a consistent basis. But my initial understanding was what can cause the stock to move/what keeps the stock moving, two very different points. As long as it's in the green, I don't care!
Technically wouldn't take THAT much volume to move the price up quite a bit...just depends on the bids that are being put out. Even mediocre-sized bids would gradually bring the price up in chunks, depending on the sell-rate, without NEEDING huge volume. But that definitely keeps the momentum up, and gives it a better chance to climb, I will agree!
Rekreashen DOES NOT own Altitude Organix, LBD!
Rekreashen LTD might try laying claim to the name, but even if they somehow DO get the naming rights eventually, if they were operating the stores under that name, guess who has a lawsuit? Tranzbyte! Considering they filed TWICE, I'm guessing they weren't approved, since Tranzbyte has the rights, and the stores.
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=113796
Tranzbyte Corporation (Fka
Altitude Organic Corporation) purchased Altitude Organic
Licensing Corporation through a binding letter of intent dated August 9, 2010. On April 23, 2012, Tranzbyte Corporation transferred Altitude Organic Medicine Corporation to Brian Cook, but retained Altitude Organic Licensing Corporation along with all of the intellectual property of within Altitude Organic Medicine Corporation such as the name Altitude Organics”, or “Altitude Organic”, marketing plans and assembled data on dispensaries in various states. See Exhibit Tranzbyte Corporation believes that it still owns Altitude Organic Licensing Corporation along with specific trade names, marketing plans and assembled data on dispensaries in various states irrespective of the following filings with the Secretary State of Colorado that were not filed by Tranzbyte Corporation:
1)A filing with the Secretary of State of Colorado on September 11, 2013 whereby
Altitude Organic Medicine LLC filed the right to the trade name “Altitude
Organic”.
2)A filing with
the Secretary of State of Colorado on October 2, 2013 whereby
Rekreashen LTD filed the right to the trade name “Altitude Organic”.
3)A filing with the Secretary of State of Colorado on October 11 2013 whereby
Rekreashen LTD filed the right to the trade name
“Altitude Organics”.
Rekreashen DOES NOT own Altitude Organix!!
Rekreashen LTD might try laying claim to the name, but even if they somehow DO get the naming rights eventually, if they were operating the stores under that name, guess who has a lawsuit? Tranzbyte! Considering they filed TWICE, I'm guessing they weren't approved, since Tranzbyte has the rights, and the stores.
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=113796
Tranzbyte Corporation (Fka
Altitude Organic Corporation) purchased Altitude Organic
Licensing Corporation through a binding letter of intent dated August 9, 2010. On April 23, 2012, Tranzbyte Corporation transferred Altitude Organic Medicine Corporation to Brian Cook, but retained Altitude Organic Licensing Corporation along with all of the intellectual property of within Altitude Organic Medicine Corporation such as the name Altitude Organics”, or “Altitude Organic”, marketing plans and assembled data on dispensaries in various states. See Exhibit Tranzbyte Corporation believes that it still owns Altitude Organic Licensing Corporation along with specific trade names, marketing plans and assembled data on dispensaries in various states irrespective of the following filings with the Secretary State of Colorado that were not filed by Tranzbyte Corporation:
1)A filing with the Secretary of State of Colorado on September 11, 2013 whereby
Altitude Organic Medicine LLC filed the right to the trade name “Altitude
Organic”.
2)A filing with
the Secretary of State of Colorado on October 2, 2013 whereby
Rekreashen LTD filed the right to the trade name “Altitude Organic”.
3)A filing with the Secretary of State of Colorado on October 11 2013 whereby
Rekreashen LTD filed the right to the trade name
“Altitude Organics”.
Rekreashen LTD might try laying claim to the name, but even if they somehow DO get the naming rights eventually, if they were operating the stores under that name, guess who has a lawsuit? Tranzbyte! Considering they filed TWICE, I'm guessing they weren't approved, since Tranzbyte has the rights, and the stores.
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=113796
Tranzbyte Corporation (Fka
Altitude Organic Corporation) purchased Altitude Organic
Licensing Corporation through a binding letter of intent dated August 9, 2010. On April 23, 2012, Tranzbyte Corporation transferred Altitude Organic Medicine Corporation to Brian Cook, but retained Altitude Organic Licensing Corporation along with all of the intellectual property of within Altitude Organic Medicine Corporation such as the name Altitude Organics”, or “Altitude Organic”, marketing plans and assembled data on dispensaries in various states. See Exhibit Tranzbyte Corporation believes that it still owns Altitude Organic Licensing Corporation along with specific trade names, marketing plans and assembled data on dispensaries in various states irrespective of the following filings with the Secretary State of Colorado that were not filed by Tranzbyte Corporation:
1)A filing with the Secretary of State of Colorado on September 11, 2013 whereby
Altitude Organic Medicine LLC filed the right to the trade name “Altitude
Organic”.
2)A filing with
the Secretary of State of Colorado on October 2, 2013 whereby
Rekreashen LTD filed the right to the trade name “Altitude Organic”.
3)A filing with the Secretary of State of Colorado on October 11 2013 whereby
Rekreashen LTD filed the right to the trade name
“Altitude Organics”.
Well, he and his Morningstar store were on the news, so if that still IS an entity of Tranzbyte, I see that as significant, since that means there's actual sales in the marijuana sector, which makes the idea of the machine at least more plausible/attainable
Frankly, I don't know if any of the company's information is true, and I really don't overly care. Aren't we all here to make a profit? What good does bashing do? If it's all true stuff, awesome, we'll make even more money. If it's not, I guess everyone needs to know when they should sell, or know the risks of everything. I'm perfectly okay buying shares, letting it go up, even if only on hype, and making a profit. More power to everyone if everything they say about the machine is true; I'd gladly take the outcome. I just don't see the reason in bashing. All it could productively do is turn people away from the stock- aka, interest, which is what raises the demand and makes the price rise. Lured, are you against making money? Because that seems like what you're doing.
Who ever said Cook was gone?
Google search says nothing about that.
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=113796
Go to page 17. They transferred everything about Altitude Organic Licensing Corporation over to him, because? That's what he's in charge of. The document clearly states, AOLC is a wholly owned subsidiary of the Tranzbyte Corporation. I have zero idea where the issue with any of that is. A parent company owns the rights to a smaller company...basically like franchising.
There's more than one guy named Gwyther!!
https://www.onlinesearches.com/find/public/search_results?_act=&cam=5031&cam_id=5031&city=&firstName=David&first_name=David&lastName=Gwyther&last_name=Gwyther&location=AZ&recordType=&record_type=public&state_code=AZ&theme=old&utm_campaign=AA_OnlineSearches.com_728x90&utm_content=5031&utm_medium=AA&utm_source=OnlineSearches.com
People can have similar, or sometimes even, the same name?!? NO WAY!!!!!!!
BRIAN J. COOK, MANAGING DIRECTOR - ALTITUDE ORGANICS CORPORATION
From the Tranzbyte site http://www.tranzbyte.com/#/our-peeps/
9/11/13
Altitude Organic Licensing Corporation founded 4/25/2010 changed its name to Morning
Star Garden Corporation in error on 5/12/2012. The company rescinds this action that
amended the original articles of incorporation and the entity reverts back to its original
corporate name. The company continues to conduct on-going business as Altitude
Organic Licensing Corporation.
http://www.sos.state.co.us/biz/ViewImage.do?fileId=20141005141&masterFileId=20141005141
What's your point, Lured? That Brian Cook filed something about the company he works for and that makes everything fake? Makes TOTAL sense...not!
Altitude Organix IS NOT owned by Rekreashen, LTD !
http://www.sos.state.co.us/biz/ViewImage.do?fileId=20131525330&masterFileId=20101234497
My bad for the poor hyperlink, haha. let's go the copy and paste route.
http://www.sos.state.co.us/biz/ViewImage.do?fileId=20131525330&masterFileId=20101234497
Of course, I'd feel a lot more comfortable if it was an audited report, but if they're that honest listing how much of their assets are Goodwill assets (which is a lot), I'm willing to think it's accurate.
This annual report actually clears up a lot of things as far as the large number of common shares:
The Company acquired OneBode Holdings for $2,000,000 payable in common stock over 18 months based upon the
average bid and ask price of Tranzbyte common shares for the previous 30 day period as listed on OTC Markets.
If you read about their acquisitions, a huge portion of their payment is in stock. OneBode gets $2 mil worth of common stock over the course of 18 months. At .0016, that translates to 1.25 billion shares. That's just for one of their companies. Makes a lot more sense to me why they have so many common shares out then. And sort of takes away the dilution approach, since they set an amount worth, not a numbers of shares worth.
Meh, I'm fine investing some money. Low enough a price where, what, it goes down to .001, you've lost half the investment. Not ideal, but that's why it's called an investment: risk vs. reward. The upside is too great, I think, to worry about a day-to-day approach. The trend the past 3ish months hasn't varied an incredible amount where, if someone has gotten in in that time frame (as I did), recouping your investment, or minimizing the loss if this somehow DOES go nowhere (though I still believe otherwise), shouldn't be too difficult. If I wanted a guaranteed ROI, I'd put my money in the bank and get the 2% annually. Low enough share price vs. very high ceiling...you could do worse, I'm sure.
What I love about a lot of the bashing/posting about dilution is the faux-math quotes of things like:
"30 mil shares @ .0022 = $66,000. Someone's making money off this dilution machine"
Okay, so 30 million shares were sold. Even if they were somehow by one person, they didn't get the shares for free. They had to purchase them. So, say they bought 30 mil at .0020 (assuming they're not subject to the .0007 fee per share bought that some stock sites invoke). That's $60,000. That's a lot of work to manipulate a not even guaranteed 6k profit. And if they DO have to pay the .0007/share fee for purchase, they'd be LOSING money. But, if they were actually "manipulating" something, they'd be a day trader most likely where they wouldn't have that fee.
Point being: if they're trying to create their own revenue (last I checked, that's the point of a stock) through PR manipulation/etc., they're doing a pretty crappy job of generating any substantial money. 6k every couple PRs, assuming they're doing ALL the trading, doesn't pay for a whole lot.