Tranzbyte Corp. (OTCPINK: ERBB), now known as American Green, saw its share price close at $.0325, up 8.7% from its previous close of $.0299.
This uptick in price came after Tranzbyte announced that it has selected SmarterSign to deliver ads to the top screen of its ZaZZZ units. The platform offers a scalable solution combined with ease of use that works perfectly with American Green's integrated advertising plan allowing the store, local, and national advertisers to control messaging in real-time from anywhere in the world.
The company is also pleased to announce the addition of Urban Cannabist to its suite of web properties. Urban Cannabist is a dispensary locator designed to work on all computer and cell phone screens and will evolve into a social rating application as a fully integrated part of its growing web presence.
"Having the flexibility to offer advertisers the ability to create, add, and edit 'on-the-fly' is an important aspect of the ad revenue side of ZaZZZ. SmarterSign will enable dispensaries to update the offers in their individual stores. Also, local and regional outdoor ad companies can update ZaZZZ to show businesses already in their ad stream, and we can offer national advertisers flexibility and targeting not found in other platforms. SmarterSign's product is outstanding and we are excited to work with them," says Tranzbyte's COO, Stephen Shearin.
ERBB saw its share volume slightly dip on May 23rd with 93,750,488 shares exchanging hands, lower than its three month daily average volume of 126,974,099 shares.
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Vapor Group Sees Increase In Share Price
Vapor Group, Inc. (OTCQB: VPOR) saw its share volume cut in half on May 23rd with 7,393,673 shares exchanging hands, much lower than its three month daily average volume of 16,396,668 shares.
Vapor Group recently released a preliminary statement regarding its first quarter financial results. For January to March 2014, Vapor Group had gross revenues of approximately $1 million (over $950,000) and a gross profit of over $1/2 million, (over $600,000). Consolidated, PCAOB auditor-reviewed financial statements for the calendar quarter will be released next week following completion of internal reviews.
Dror Svorai, President and CEO, added, "So far 2014 has far outpaced the same period of 2013. For the full year of 2013 we had gross revenues of $1,991,023, and a gross profit of $1,124,273, most of which occurred in the second half of the year. That means that with only a quarter of the year (3 months) completed we already have achieved about half of 2013's full year revenues and over half of its full year's gross profit.
Important, year-to-date we have been able to drive the percentage of gross profit to over 60% of revenues, a phenomenal number attributable to immense effort invested in building supplier relationships. In the year ahead we will attempt to repeatedly repeat or beat this percentage quarter-by-quarter.”
VPOR closed the day at $.083 on May 23rd, 16.9% higher than its previous close of $.071.
Vape Holdings Stands Strong In Price And Volume
Vape Holdings, Inc. (OTCQB: VAPE) saw its share volume increase on May 23rd with 544,341 shares exchanging hands, slightly higher than its three month daily average volume of 339,492 shares.
With no recent news being released by the company, one can only speculate why this uptick in share volume occurred, but here is what is know about the company:
Vape Holdings is a company with its primary focus in the manufacturing and distribution of healthy and sustainable vaporization products. HIVE Ceramics is the premier brand under the Company umbrella, bringing to market a medical and food grade ceramic that has countless design and product crossover capabilities in existing and emerging markets. The company operates in Los Angeles, California with current distribution throughout North America and Europe.
VAPE closed the day at $1.87 on May 23rd, 1.63% higher than its previous close of $1.84.
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