Thursday, January 30, 2014 4:56:06 PM
David Gwyther, Tranzbyte's president has come out recently stating that he has no plans or desire to do a reverse split or further dilution. Yes 4b shares are AVAILABLE but 2.5b are what is OUTSTANDING. Big difference.
And why is .25 such a long shot. Other MMJ vending machine companies have a market cap of $1b. For all the talk of how great MD8X is, I have never once seen one of their machines in the numerous LA dispensaries I visit. And don't comeback with the different share structure claims because I know how to value fundamental information. I am strictly comparing the market cap of ERBB and MD8X which is $30 and $1b respectively.
"Emancipate youself from mental slavery, none but ourselves can free our mind"
-Bob Marley
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