Triton Distribution Systems Inc. (OTCMKTS:TTDZ) Gathering Downward Momentum

As we have discussed on previous occasions, the present decline is anything but unexpected or baseless. It is only natural for a company that has given investors little more than declarations of intent and next to no current filings to be headed down to the bottom of the charts.

The fact that the press release that was issued to inform investors of TTDZ‘s current affairs failed to halt TTDZ‘s descent even momentarily is highly indicative for the company’s current lack of support.

Such publications usually have some effect on the issuing company, however TTDZ‘s PR appears to have been too vague, even by the standards of hyped-up marijuana stock enthusiasts. Or, perhaps, investors have finally started taking the SEC seriously, after the latest round of suspensions.

Whatever the case is, TTDZ is currently in a tight spot. Despite the company’s promise that it will keep investors updated through PR, it can’t afford to overdo it and risk being suspended like Fusion Pharm Inc. (OTCMKTS:FSPM). Growlife Inc. (OTCMKTS:PHOT) is a perfect example of the repercussions that a suspension usually has on a marijuana company’s share prices.

That being said, the ticker has the potential to take off, but only if the company decides to finally show its consolidated balance sheets to the world AND said sheets contain encouraging information. If this doesn’t happen soon, TTDZ may be in for a long and bumpy ride in the red.