Valuation Speculation Sure is Rampant
1. Tranzbyte and it's officers have repeatedly stated recently the there are NO CURRENT PLANS FOR EITHER A REVERSE SPLIT OR FURTHER DILUTION. The company is work hard to create value.
2. It's incredibly hard to value a business in a completely new industry. Just like 3D printing, and the dotcoms, who knows how big this MJ industry grows. Currently the US domestic annual cannabis black market is estimated between $20-100b and that money is shifting into white markets where ERBB and other players are entering. The demand for the product has caused people to die and kill to distribute it so I think we have proof of concept.
3. Companies like Facebook are valued at $150b on a few billion $ in revenue and paltry realized profits. SnapChat and fad apps are being offered $5b in cash for their business. ERBB could easily be valued a $5b if they can rollout machines followed by an announcement of other contracts putting the share price over $1.
4. As many as 35 states may have legal MJ in some form by the end of midterm elections this year. If ERBB could place 30 machines in each state........
5. ERBB has a secure, automated, networked machine to distribute cannabis. It's a benefit to dispensary owners who can hire less staff and have a secure place to hold cannabis. It's a benefit to customers who can just pop in to pick up their selections. The machine could also be promoted by politicians as a way to safely distribute cannabis and regulated the consumption for taxation purposes.
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