Update on ERBB from Market Analysis LLC.
I am pretty informal on msg boards, so this is just a quick update to confirm what 33% of you already know, 33% of you should know, and the other 33%, well, there is no help for them. ERBB is a very strong company. They are market savvy as well. From the top; The dispensary in Arizona was only a small project, it turned out to be the most difficult as well because of the strict laws and software development needs. The Arizona deal was small and had high potential for issues. In other words, small gain for high risk. They were going to do this because they thought it would be good and it was close to their base. In reality, they will now focus on Colorado where the machines need less complicated software and therefore will have less potential for issues and bad PR from the expected first roll out issues. Also, the market is much larger, completely legal instead of just MMJ. This one machine placed in Colorado instead will make more money, be easier to program and set-up and be less likely to have issues than if placed in Arizona. Although, they will be placing many more than one in Colorado. Why announce the bad news after this small run instead of waiting to announce the whole switch in plans? ERBB does not want weak short term investors in on the bottom floor to pull the rug out after the upcoming rise. They don't mind shaking out the short term investors and allowing their large and loyal investors to buy up the cheaper shares instead.
Message from DAVID TO CONCERENED CLIENTS
" We do our best every day to build value in Tranzbyte and will continue to do the same next week and next year and for as long as we're here. That one dispensary was problematic for many reasons and I've learned that if one has problems during the engagement, chances are good they'll be problems with the marriage. That one dispensary will be replaced with dispensaries in Colorado, California, and other states and this will be done quickly. Sometimes business doesn't work out - sometimes it's great. Please read today's release carefully and you should be encouraged by the fact that we have many opportunities to excel, and I believe we shall succeed in short order".
Regards,
David
