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American Green, Inc. Message Board

  • sasfah sasfah Jan 8, 2014 6:14 AM Flag

    Read The Fine Print Peeps!

    A quick look at Tranzbyte Corp’s financials reveals revenues of $61k (most recent reported quarter), $49k, zero and zero along with net losses of $290k (most recent reported quarter), $187k, $201k and $167k. At the end of September, Tranzbyte Corp had $3k in cash to cover $4,651k in current liabilities and $2,250 in long term debt – meaning the company has yet to figure out a way to get a “high” on marijuana in the form of revenues and profits.

    Don't get caught empty handed on this one. Wait till the financials on this company to be green before buying!

    Sentiment: Strong Sell

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Is there better stock to trade ?

    • these financials are exactly what you would expect in a sub penny startup. dont expect DD to reveal strong financials yet, it is about strategy and leadership and partnership which they have! ERBB is a clear leader in this industry with very innnovative design! fundamentals will follow! hang in there!

      Sentiment: Strong Buy

      • 2 Replies to mcharest
      • you pump this stock everyday so of course you'll have a spin on it cause you want others to buy to drive the price up, all I'm saying is invest wisely and do homework. The financials don't support this as a buy at all as a wise investment. This is just a clear pump and dump stock for the time being until they actually profit on what they do. This will be funny to watch, cause when it starts dropping it will fall fast even at this price which is not even worth a penny. lol

 
ERBB
0.0196-0.0009(-4.39%)Jul 22 3:59 PMEDT

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