You are absolutely right! Debts paid, nice flow of money with sale @ 3.5 million, vending going in place, brick and mortar grow equipment store, and producer of grow equipment themselves!
We see $$$$$$$$$ ahead and a ground floor opportunity! Loading up and holding tight this way!!!!!!!!!!!
HERE'S HOW ERBB PAID FOR THEIR PAST "ACQUISITIONS"! GET READY FOR MORE DILUTION ;)
THEY PAY FOR JUST ABOUT EVERYTHING BY ISSUING SHARES! LMAO!
DUDE that has nothing to do with what I was calculating. Those calculations are for the amount of money the shares that were issued and will possibly be issued if the rest of the debenture debt holders convert before 6/2015 are worth from 1-10 cents.
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.
The Company has assumed approximately 1,061,000 of disclosed debt that has been deducted from the balance owed on the purchase price. In addition, the Company has become of aware of additional undisclosed liabilities that it is currently evaluating. During the quarter ended December 31, 2013, the Company paid down disclosed liabilities $24,925 and $45,642 since the acquisition.
Also during the quarter ended December 31, 2013, the Company issued 119,115,492 shares of common stock valued at $333,333 at the time of issuance to the members of OneBode Holdings LLC.
OneBode Ventures, LLC
The Company acquired OneBode Holdings for $500,000 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.
During during the quarter ended December 31, 2013, the Company issued 29,779,141 shares of common stock valued at $83,334 at the time of issuance to the members of OneBode Ventures LLC.
Yo Corporation
The Company acquired Yo Corporation for $250,000 payable in 10,000,000 shares of common stock valued at $40,000 on May 13, 2013 and $15,000 of common stock a month over 14 months based upon the average bid and ask price of Tranzbyte common shares for the previous 30 day period as listed on OTC Markets.
The intellectual property of the Company was valued at $250,000 because all of the logistics to have a working debit card anywhere Mastercard is accepted was acquired.
During the quarter ended December 31, 2013, the Company issued 22,448,213 shares of common stock valued at $45,000 at the time of issuance to the shareholders of YO Corporation
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