Triton Distribution Systems, Inc. (OTCMKTS:TTDZ) Wakes Up

Triton Distribution Systems, Inc. (OTCMKTS:TTDZ) was barely moving in the past two months. The lack of news from the company was the most probable reason for this shortage of interest, but the past few sessions were a bit different.

This is because TTDZ finally started issuing press releases and managed to get some attention from the investors. Lately, TTDZ has informed us that a certain Mr. David Osegueda is heading a group of investors from Los Angeles, California, who wish to purchase assets from the company including all controling shares.

It is interesting that the company will then be owned by Privileged World Travel Club, Inc. (PVLC), a subsidiary of TTDZ that will distribute 4,062,500 shares of its stock, priced at $1 a share to all of TTDZ‘s shareholders as a dividend.

This sparked a lot of interest in investors who are going crazy around the message boards, trying to guess what the future management intends to do with the company agreeing to purchase shares at a price of $0.00405, considering that TTDZ is currently in the bottom of tripple zero land.

The hype led to some impressive results in the past 2 sessions and TTDZ closed with a 75% gain at $0.0007 yesterday, on a volume that was nearly as much as its outstanding shares. We saw a massive 542.9 million shares switch hands and generate a decent $384 thousand in dollar volume.

The trend is continuing today and so far TTDZ‘s stock has reached into double zero land with a current price of $0.001, after it made a 42.86% jump in value. The volume is also quite high and in just over 40 minutes of trading the number of traded shares has come to 58 million, which leads us to think that today’s volume might even be higher than yesterday’s and surpass the amount of outstanding shares.

The situation will surely become clearer in the next 6-7 days, as the new management intends to upload its Q3 report by the end of the month in order to become “Current” with the OTC markets. The situation remains a bit shady for the time being, which makes TTDZ a risky choice.

This is the exact reason for which we would advise you to do a lot of due diligence and weigh out the risks if you are thinking of jumping in the bandwagon.

Tranzbyte Corp. (OTCMKTS:ERBB) also made a great run yesterday and gained 57% in value. Kallo Inc (OTCMKTS:KALO) was probably the biggest winner yesterday with a mind-blowing 833% gain in price.