Small cap marijuana or hemp stocks Pazoo Inc (OTCBB: PZOO),Tranzbyte Corp (OTCMKTS: ERBB) and Hollund Industrial Marine Inc (OTCMKTS: HIMR) have been aiming for a high with news or announcements. In fact, it appears that two of these small cap stocks are trying to grab a piece of the marijuana or hemp hoopla by getting into the sector. However, can investors expect a sustained high from these three small cap marijuana or hemp stocks? Here is a quick reality check:
Pazoo Inc (OTCBB: PZOO) is Buying a Stake in a Medical Marijuana Testing Laboratory in Nevada
Small cap Pazoo Inc delivers information, services and products through direct response digital and TV, retail stores and its website, www.pazoo.com – a health and wellness social community with an array of experts delivering vital information to improve and enhance the enjoyment of living a full and enriching life. On Friday, Pazoo Inc rose 21.27% to $0.0479 for a market cap of $4.65 million plus PZOO is up 41.3% over the past year and down 68.1% since July 2012 according to Google Finance.
What’s the Catch With Pazoo Inc? According to various disclosures, no transactions have recently occurred to mention Pazoo Inc in various investment newsletters. Last Friday, Pazoo Inc announced the first $50,000 payment had been made on the signing of a Binding Letter of Intent this week to acquire a 40% interest in MA & Associates, LLC, a medical Marijuana testing laboratory in Nevada. The Binding LOI calls for an additional $250,000 deposit to be made by Pazoo Inc when applications from the State of Nevada will be made available for State approval to setup two medical marijuana testing laboratories. About a week ago, Pazoo Inc announced that it now had all of the support teams in place to grow and expand the content contained on www.pazoo.com, which should continue to enhance traffic and corresponding revenue. Revenue is something that Pazoo Inc could use as the company has reported revenues of $17k (most recent reported quarter), $10k, $4k and $18k for the past four reported quarters along with net losses of $138k (most recent reported quarter), $86k, $154k and $365k. At the end of September, Pazoo Inc had $5k in cash to cover $76k in current liabilities. So its hard to see how Pazoo Inc is able to acquire to acquire a 40% interest in MA & Associates, LLC from anything other than the issuance of more stock.
Tranzbyte Corp (OTCMKTS: ERBB) Announces New Marijuana Industry Technology
Small cap Tranzbyte Corp is a driving force behind American Green, American Green, OneBode, The YO! Debit Card, and BancoLibre. The company expects to continue its plan to acquire, hold, or spin out successful divisions in what has been described as “dividend farming.” On Friday, Tranzbyte Corp rose 29.66% to $0.0835 for a market cap of $2.82 million plus ERBB is up 1,639.6% over the past year and up 28.5% over the past five years according to Google Finance.
What’s the Catch With Tranzbyte Corp? According to various disclosures, no transactions have occurred to mention Tranzbyte Corp in various investment newsletters. Last Friday, Tranzbyte Corp announced the official public unveiling of the ZaZZZ™ 21st Century automated age-verifying dispensing machine at a christening event in Avon, Colorado, with the machine’s ultimate destination being the Herbal Element’s medical dispensary in Eagle-Vail, CO. Last Tuesday, Tranzbyte Corp announced it had completed an agreement with IMD Companies Inc (OTCMKTS: ICBU) to co-market their grow-oriented products. These products include the EMC-5000 Environmental Master Controller, which is able to provide constant management for grow room facilities for indoor gardens and the Jurassic Oxygenation System. The President of IMD Companies commented:
“We know that adequate dissolved oxygen levels in grow operations has been more than a challenge for years. More importantly it has been the source of many a grow room failure. Combining these two technologies literally eliminates these issues and replaces frustration with higher yields.”
A week ago, Tranzbyte Corp also said it signed a Letter of Intent to form a strategic partnership with Abattis (OTCMKTS: ATTBF) to sell, market or otherwise license one another’s products in their respective regions. The agreement means Tranzbyte Corp will have access to Abattis’s expanding suite of bio-ceutical grow products while Abattis will have the Canadian rights to distribute ZaZZZ™ and will pair Tranzbyte’s Jurassic O2 water systems with its Biocube Green Grow Systems sales efforts in the US. A quick look at Tranzbyte Corp’s financials reveals revenues of $87k (most recent reported quarter), $61k, $49k and zero along with net losses of $324k (most recent reported quarter), $290k, $187k and $201k. At the end of last December, Tranzbyte Corp had $3k in cash to cover $3,627k in current liabilities and $2,242k in long term debt. So maybe investors should wait for the “ZaZZZ™ 21st Century automated age-verifying dispensing machine” to start flying off the shelves before getting to excited.
Hollund Industrial Marine Inc (OTCMKTS: HIMR) Aims for a Piece of the Industrial Hemp Market
Small cap Hollund Industrial Marine is an underwater forest management company which seeks to align the interests of businesses, communities, utilities and governments by offering an integrated business model for underwater forest management. On Friday, Hollund Industrial Marine sank 40% to $0.0003 for a market cap of $2.65 million plus HIMR is up 200% in intermittent trading over the past year and down nearly 100% over the past five years according to Google Finance.
What’s the Catch With Hollund Industrial Marine Inc? According to various disclosures, no transactions have occurred to mention Hollund Industrial Marine in various investment newsletters. On Friday, Hollund Industrial Marine announced that its project team had officially arrived at the Bayano Reservoir on Tuesday afternoon to meet its Senior Project Manager and view the logistics operations management while on Tuesday, the company announced that the Project Development Team had arrived in Panama where the reservoir is located. However and last Wednesday, Hemp, Inc (OTCMKTS: HEMP)announced that its subsidiary, IHMMCC, would be advising advise Hollund Industrial Marine on market strategies – specifically in areas favorable to industrial hemp cultivation that also have viable underwater timber projects. Another press release from Hollund Industrial Marine itself quoted the company president as saying:
“Discussions with North Cal revealed a way in which we could maximize the value of our underwater timber projects, by incorporating industrial hemp fibers into the production process. By combining wood waste, which would otherwise end up in landfills, with industrial hemp, promises to have a positive impact on the environment; partly by helping to reduce carbon emissions.”
A quick look at Hollund Industrial Marine financials on Google Finance reveals no revenues; net losses of $0.07M (most recent reported quarter), $0.10M, $0.13M and $0.97M for the past four reported quarters; and no cash to cover $1.15M in current liabilities and $0.72M in long term debt at the end of last June. So it remains to be seen whether combining underwater forest management with industrial hemp will pay off for the company and for investors.
Small Cap Marijuana or Hemp Stocks Aiming for a High With News: PZOO, ERBB & HIMR
No comments:
Post a Comment