Tranzbyte, Corp. (OTC:ERBB) A Third Day into Buying Spree
There is something about Tranzbyte, Corp. (OTC:ERBB) that makes its stock go like hot cakes. Volumes are holding near all-time highs for this pink sheet with the latest promise the company will pick up organic technologies and a piece of the medical marijuana market. In the past three days, investors mopped up nearly 200 million shares. 
Although the last promotional mail is from 10 days back, the double-zero play seems to be attracting buyers with accessibility, doubling the stock price from $0.003 to $0.006. The latest sub-division opf Tranzbyte, Altitude Organic Corporation, is also used as an advertising tool, promising to work on a line of organic fertilizers aimed at marijuana growing. 
A company which despite its cheap stock is capped at more than $11 million, Tranzbyte holds limited resources, and probably is just a vehicle for other businesses to gain exposure to the OTC markets. These are its latest financial filings:
- $1,761 cash
- $3.7 million in current liabilities
- zero quarterly revenue
- $210 thousand in quarterly net loss
Since Altitude Organic seems to be one of the few Tranzbyte divisions that have survived, having a real mining operation for fertilizer minerals, we expect the main hype in 2013 to follow this business, which, as mentioned, is closely aligned with the marijuana industry. So, ERBB may unexpectedly follow the activity of several tickers on a rising tide that offer medical marijuana directly or deal in supplies and greenhouse paraphernalia.
The Stock Mister pumps are always full of surprises and dramatic moves. Another penny play, the iToris, Inc. (OTC:ITNS) marked the January 29th and 30th emails with a spike in volume, but the pump fizlled out quickly. The campaign, with a budget of $150,000, lasted not a day longer as mass selling depressed the price from 2 to 1 cents. In the case of extremely accessible stocks, a fall of 50% is a small loss to bear- but falls up to 90% into double-zero prices are known. Estimate well your own time horizon and taste for risk before taking on a pump by The Stock Mister.
