Tranzbyte and USEI Execute Agreement to Build and Facilitate Test
Grow and Operating Dispensary in Denver Area
TEMPE, AZ--(Marketwired - May 1, 2014) - Tranzbyte Corporation
(OTC Pink: ERBB) (PINKSHEETS: ERBB)
(http://www.bloomberg.com/quote/ERBB:US) through the American Green
Division together with USEI (OTC Pink: USEI) (PINKSHEETS: USEI)
(http://www.bloomberg.com/quote/USEI:US) have signed an agreement
to joint venture a grow and dispensary project in the metropolitan
Denver region. The project will incorporate USEI's "lighting,"
American Green's Jurassic water system, and a trial of a top
cannabis nutrient product. In addition, the state-approved facility
has a recreational dispensary license to be operated by an
experienced professional in the business, well known in the
market.
"It's one thing to talk about our innovative products and quite
another thing to ask others to believe in them. This new venture
with USEI puts our own skin in the game. We know American Green
products work. We also know that USEI's products work. Our combined
commitment to improving grow technology is specifically focused on
helping to improve the market sector for everyone," says Tranzbyte
COO Stephen Shearin.
According to USEI CEO, Anthony Miller, "We believe that this is the
most significant milestone we have achieved to date. We are
confident that our relationship with Tranzbyte will elevate our
firm to a new level. This venture allows us to showcase all of our
relationships, talents, skills, products and technologies -- many
of which are being readied for the marketplace. We have very
ambitious goals and objectives for USEI Cannabis, and we intend to
have a very long presence in Colorado and Washington, and wherever
cannabis is legal. Our objective is to create a foundation here
that will be instrumental in our continued success; this
relationship with American Green and Tranzbyte does this for
USEI."
"The chance to participate on the ground floor and really get our
hands dirty in the cultivation side of the business is something we
are very excited about. To accomplish our goals within a scenario
where we believe we'll soon have the opportunity to participate in
the actual public-facing side of a licensed entity and to have a
venture where we are involved in the day to day business of
cannabis sales, is an opportunity we eagerly and collectively
embrace," comments David Gwyther, president of Tranzbyte.
Tranzbyte encourages all folks wishing to follow the progress of
Tranzbyte, American Green™, and its other subsidiaries and
divisions to visit the Tranzbyte website at www.tranzbyte.com and
sign up to receive our 'Email Alerts' which are sparingly sent to
interest-holders periodically. Just click on the orange 'contact'
button after arriving at the company's website. Mobile users can
also sign up by navigating to the company's website on their
android smart phone or iPhone." Also, shareholder and other
interest-holders may track the progress of our fully automated
ZaZZZ™ Machine by following us on Twitter @Tranzbyte or
@American__Green (two underscores.)
ABOUT TRANZBYTE
The Tranzbyte Corporation (www.tranzbyte.com) 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 in previous news releases as "dividend farming,"
Companies that qualify and decide to become public on their own
will agree to carve out shares for Tranzbyte and dividends for
their ERBB shareholders.
Tranzbyte also houses the company's 10-year-old technology division
which is actively engaged in the sale of its optical media
enhancement products to potential customers in the US and Asia.
Products in the Tranzbyte division include FLASHAlbum™ and FlixStix
-- technologies that the company plans to be incorporated into the
Company's ZaZZZ Machine while enabling distributors of optical
media (CDs, DVDs, etc.) to consolidate the best features of each
medium onto a single content-protected USB flash drive.
ABOUT USEI
U.S. Energy Initiatives Corporation is a diverse (OTC Pink: USEI)
energy firm. This firm started in 1996 and has had a long
successful business history of developing its business strategies.
Management's new goal is to develop technologies and opportunities
and to build a dynamic and diverse firm. From 2014-2015 U.S. Energy
Initiatives will center on hemp to energy, everything cannabis
related and developing products and services for the marketplace.
Our goal here is to become an environmentally responsible firm,
marketing our products to a worldwide audience to produce
significant revenue and add value for our shareholders.
ABOUT ONE BODE
One Bode was founded in 2006 by a group of health conscious
professionals with backgrounds in sports, health, and nutrition who
recognized the need for supplements to compliment any lifestyle.
Focusing on plant-based nutrients and enzymes, One Bode created an
assortment of products that enable the everyday person interested
in improving their health to access the kind of nutritional
supplements previously enjoyed by professional athletes,
entertainers, and those with the time to devote their entire lives
to the pursuit of such diets.
The company is combining its successful product rep program with an
aggressive online campaign focusing on a realistic plan to increase
sales measurably within the next 90 days of operation and
throughout the coming years. The versatility of the products
combined with the various dietary deficiencies present in
practically everyone enables individuals to tailor a custom program
designed to fit their specific needs; as such the company sees a
virtually unlimited market-space for expansion.
ABOUT AMERICAN GREEN
American Green, formally Altitude Organix, became the first
publicly traded medical marijuana dispensary brand in the world as
American Green Corporation. Beginning in 2009, the company has
developed retailing, branding, and commercial cultivating
strategies in conjunction with its licensed medical marijuana
retail dispensaries operating under the Altitude Organic Medicine
brand name. While the Company is no longer associated with the
Altitude Organic Medicine outlets in Colorado, it has spent the
last year developing an "automated dispensary" that will offer the
company's proprietary products to qualified adults in the US and
around the world under its "American Green" brand. The Company's
newly acquired YO! Debit Card has been rebranded as "ZaZZZ" for use
in its proprietary machines and will be accepted at participating
dispensaries and other select locations who become members of the
ZaZZZ Network.
ABOUT PROXIMARF AND APPLIED RFID Founded in 2006, Applied RFID and
its operating subsidiaries (www.proximarf.com), have a versatile
and leading-edge portfolio of RFID reader, sensor tag and data
logging products based on the ISO 15693 standard of high frequency
(13.56Mhz) RFID.
Once the acquisition agreement with Tranzbyte is finalized, the
company has plans to increase its network of global distributors
and value-added resellers with plans to incorporate the technology
as a tracking system for legal marijuana movements. With its
"Proxima RF" line of RFID readers, sensor tags, sensor probes and
data logging products, the Company seeks out opportunities with
partners who have a unique software offering within market
verticals where the implementation of secure data collection and
temperature sensing bring real and immediate ROI to users. These
key markets include: food safety, cold chain logistics and
healthcare/pharmaceutical as well as factory and field maintenance
applications.
NOTES ABOUT FORWARD-LOOKING STATEMENTS Except for any
historical information contained herein, the matters discussed in
this press release contain forward-looking statements that involve
risks and uncertainties, including those described in the Company's
Securities and Exchange Commission reports and filings. Certain
statements contained in this release that are not historical facts
constitute forward-looking statements, within the meaning of the
Private Securities Litigation Reform Act of 1995, and are intended
to be covered by the safe harbors created by that Act. Reliance
should not be placed on forward-looking statements because they
involve unknown risks, uncertainties and other factors which may
cause actual results, performance or achievements to differ
materially from those expressed or implied. Forward-looking
statements may be identified by words such as estimates,
anticipates, projects, plans, expects, intends, believes, should
and similar expressions and by the context in which they are used.
Such statements are based upon current expectations of the Company
and speak only as of the date made. The Company undertakes no
obligation to update any forward-looking statements to reflect
events or circumstances after the date on which they are made.
CONTACT: Tranzbyte Corporation David G. Gwyther President 1221 W
Warner Rd Suite 103 Tempe, AZ 85284 480-443-1600
davidgwyther@tranzbyte.com http://www.tranzbyte.com Tranzbyte
Corporation - Hong Kong Mr. John Martin Managing Director Rm 802,
8/F, Kai Tak Commercial Building 317-319 Des Voeux Road Central,
Hong Kong (SAR) USEI Mr. Anthony K. Miller 18723 Via Princessa,
#341 Santa Clarita, CA 91387 (866) 922-1116
http://www.usenergyinit.com One Bode, International Sean Loomer,
President 1221 W. Warner Rd., Suite 103 Tempe, AZ 85284
(888) 574-3341 YO!
Debit Card Network Sean Loomer, President 1221 W Warner Rd., Suite
103 Tempe, AZ 85284 sean@tranzbyte.com www.yomastercard.com
American Green and Zazzz Stephen Shearin Chief Operating Officer
1221 W Warner Rd., Suite 103 Tempe, AZ 85284 (480) 443-1600
www.americangreen.com stephen@tranzbyte.com Twitter: @tranzbyte
American Green (PK) (USOTC:ERBB)
Historical Stock Chart
From Mar 2024 to Apr 2024
American Green (PK) (USOTC:ERBB)
Historical Stock Chart
From Apr 2023 to Apr 2024