Boston, MA 03/21/2014 (wallstreetpr) –Triton Distribution Systems Inc (OTCMKTS:TTDZ) enters into a positive zone through some of the latest corporate updates. TTDZ, formerly into travel business, recorded steep gains this week. The instilled optimism in the stock comes post its corporate announcement, wherein, it declared its merger with Green Cures, Inc., a cannabis company. Despite of the fact that how appealing this merger appears, but a careful evaluation can be an eye-opener. For instance, Green Cures, Inc. does not have any official product in its portfolio and a new application to gain license may take months. Therefore, it is to be seen if Triton Distribution Systems Inc (OTCMKTS:TTDZ) can really come in action or would fade back after a temporary shot to fame.
Tranzbyte Corp (OTCMKTS:ERBB) took some break from its previous day’s hefty gains as the stocks climbed down by 3% on Thursday. The recent bull run by the company can be accredited to the larger opportunities that lie ahead of it presently. The company is planning to release its ZaZZZ vending machine very soon, which is of use to marijuana dispensaries. Even though the company has not confirmed any final date for the release, but according to its COO, the vending machine can hit the shelves this month, probably. If the launch happens towards the end of March, then Tranzbyte Corp (OTCMKTS:ERBB) could also benefit from participating in CannaBusiness Money Show, scheduled to take place in April, however, the company’s silence over the date raises some doubt though.
Viking Minerals Inc (OTCMKTS:VKML) is heading strong as it closed its last session higher at $0.06. In early March, the company had mentioned in its 8-K filing about the departure of its sole officer and director Charles Irizarry. The position of Mr. Irizarry is taken by Robert Coleridge, who will oversee the role and responsibilities of his former peer. Coleridge comes from a software background and was also associated with Microsoft for 12 years during his career tenure.