Triton Distribution Systems, Inc. (OTCMKTS:TTDZ) Roars Ahead, Promises Name and Ticker Change
Triton Distribution Systems, Inc. (OTCMKTS:TTDZ) looks even more like a marijuana monster, even though its promotions and PR days are in the past. But the shares recovered from the recent valley, and are now growing on pure momentum, as the price is still relatively low. On Friday, TTDZ claimed higher ground, adding more than 31% to $0.0214, on dollar volumes above $3.12 million, a minor improvement at the end of the week. 
TTDZ is shooting for success with a new PR from Saturday, outlining the details of its partnership with Green Cures, Inc. TTDZ plans a name change, and will retire 300 million shares- a bit of an improvement to its 1.5 billion share free float. TTDZ also plans to make a complete switch from its former logistics business and will change names to “Green Cures and Botanical Distribution, Inc.”. The deadline of 15 days for the changes to take effect may also translate to heightened investors’ interest and prop up the stock price. 
While at first sight it looks as if TTDZ will be ready to start rolling off medical cannabis products, the real procedure may be much more complicated. It turns out that Green Cures, Inc. is not quite ready with products, and is now busy registering prototypes. On the other hand, the state of Colorado does not hand out shop permits easily- there needs to be proof that the company is a producer of medical marijuana products, with a business in good standing. Unfortunately, we did not find any evidence that Green Cures has gone beyond a very initial stage in registering trade marks and making proposals of upcoming products.
The website for Green Cures is also quite empty, not listing even preliminary products. The other websites acquired by TTDZ look quite generic, and we don’t know how they will add to the bottom line. Speaking of the bottom line, before becoming a pot stock, TTDZ has been lagging in its financial reports, and we have no hint of its financial padding in recent years.
If you falsely believe TTDZ was endorsed by analyst Jim Cramer, it turns out this is also a figment of some investor’s imagination, as TTDZ is lacking in quality to be noticed by more mainstream news sources.
If you are attracted to low-priced marijuana stocks, a more robust opportunity could be Latteno Food Corp. (OTCMKTS:LATF), which despite its low price is included into the Marijuana Index. LATF is managing to hold above one cent, growing a bit on Friday to $0.0117.
The Canadian medical marijuana market also holds promise, and this is used by some OTC companies. CannBusiness Group, Inc. (OTCMKTS:CBGI) managed to grow from double-zero positions and graduate to a respectable price of above $0.40, on a mix of paid promotions and PR. Unfortunately, the gains are spilling right now, taking the ticker down to $0.18. The story of CBGI is quite similar to that of TTDZ– a promise that gains from legal marijuana sales would come rolling in very soon.
While the last days of trading look like a new optimistic age for TTDZ, it is best to be aware that at any price, large corrections are quite possible. Avoid over-investing based on promises that look as if they are not based on reality.
