American Green Inc (ERBB)

[IBurnPurpleKush]

The SEC and FINRA have warned all investors to stay away from stocks like this. The red flags are here you just have to do some DD

PLEASE dont ignore the SEC. If you think This stock should be suspended like I do please file a complaint or tip to the SEC or FINRA. GLTA

http://www.sec.gov/complaint/tipscomplaint.shtml

http://www.finra.org/Industry/Tools/P006647

http://investor.gov/news-alerts/investor-alerts/investor-alert-marijuana-related-investments

http://www.finra.org/investors/protectyourself/investoralerts/fraudsandscams/p325352

-Spotting a Potential Scam: Like many investment scams, pitches to invest in potentially fraudulent marijuana-related companies may arrive in a variety of ways—faxes, email or text message invitations to webinars, infomercials, tweets or blog posts. Regardless of how you first hear about them, the offers almost always contain hallmarks of "pump and dump" ploys. Specifically, fraudsters lure investors with aggressive, optimistic—and potentially false and misleading—statements or information designed to create unwarranted demand for shares of a small, thinly traded company with little or no history of financial success (the pump). Once share prices and volumes reach a peak, the cons behind the scam sell off their shares at a profit, leaving investors with worthless stock (the dump).

-One company, for example, promoted its move into the medical cannabis space by issuing more than 30 press releases during the first half of 2013. These releases publicized rosy financial prospects and the growth potential of the medical marijuana market. The company was also touted on the Internet through the use of sponsored links, investment profiles and spam email, including one promotional piece claiming the stock "could double its price SOON" and another asserting the stock was "poised to light up the charts!" Yet the company's balance sheet showed only losses, and the company stated elsewhere that it was only beginning to formulate a business plan.


-Microcap Stocks: When you buy low-priced shares of a small company (e.g., you buy a stock that trades in the “over-the-counter” (also called OTC) market), you likely are investing in penny stocks or microcap stocks. Microcap stocks are particularly vulnerable to fraudulent investment schemes because there is often limited publicly-available information about microcap companies. Be cautious if you see red flags of potential microcap fraud such as:

-Insiders own large amounts of stock

-$58,106,263-$232,425,054 WORTH OF SHARES GIVEN TO DEBENTURE DEBT HOLDERS. 2,905,313,180 shares converted at .0004-.0013 :)

-no transparency here. tell me if u can find the name of one of the various debenture holders... "consulting corporation ","financial consultant", and "former president" are the best I could find. MOST of them just say they were issued to a "creditor" or a "Holder" or a "Lender" so that doesn't tell us anything about the debenture debt holders. this brings up a lot of questions about who these various debenture holders are. they also put that 9.9 restriction so none of them have to file a form 4.

http://www.investopedia.com/terms/f/form4.asp

Definition of 'Form 4'

-A document that must be filed with the Securities and Exchange Commission (SEC) whenever there is a material change in the holdings of company insiders. Insiders required to submit a Form 4 include directors and officers of the company as well as any shareholders owning 10% or more of the company's outstanding stock.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=102962641

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=102533333

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=102482006

-False or exaggerated press releases

-Consider the source. It's easy for companies or their promoters to make exaggerated claims about lucrative contracts, the company's revenue, profits or future stock price. Be skeptical about companies that issue a barrage of press releases and promotions in a short period of time. The objective may be to pump up the stock price. Likewise, be wary of information that only focuses on a stock's upside with no mention of risk.

-ERBB has had a whole lot of news releases ever since the beginning of 2014. Almost all of them have pumped the hype of MJ. The financials show why in reality all they have really done is put out these pr's with forward looking statements.

-PLEASE review all the pr's ERBB has had. It is very clear they have exaggerated and used a WHOLE lotta forward looking statements. In United States business law, a forward-looking statement or safe harbor statement is a statement that cannot sustain itself as merely a historical fact. A forward-looking statement predicts, projects, or uses future events as expectations or possibilities. These statements can often be misleading, as they can be mistaken for factual statements, while they are actually speculation.

http://www.otcmarkets.com/stock/ERBB/news

-No net worth or income requirements. To comply with federal securities laws, many unregistered offerings are limited to accredited investors and the seller should ask you about your net worth or income.

-Cash - $30 thousand in cash
-Current liabilities - $3.8 million
-Quarterly revenues - $68 thousand
-Quarterly net loss - $426 thousand

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=103248359

-As with any investment, make sure you understand the marijuana-related company’s business and its products or services. Carefully review all materials you are given and verify the truth of every statement you are told about the investment.
Pay attention to the company’s financial statements, particularly if they are not audited by a certified public accountant (also called a CPA).

-Remember that just because a company has registered its securities or has filed reports with the SEC does not mean it will be a good investment—or the right fit for you. Also, be aware that not all financial information filed with the SEC, or published elsewhere, is independently audited. Unaudited financials are just that—not reviewed by an independent third party.

-ERBB FINANCIALS ARE UNAUDITED!

http://www.otcmarkets.com/financialReportViewer?symbol=ERBB&id=120696

-TRANZBYTE CORPORATION Annual Information and Disclosure Statement
(UNAUDITED)For the six months ended March 31, 2014 and 2013


-If the company files reports with the SEC, review the most recent reports. Read a company's SEC filings, if available. Most public companies file reports with the Securities and Exchange Commission (SEC). Check the SEC's EDGAR database to find out whether the company files with the SEC. Read the reports and verify any information you have heard about the company.

-ERBB HAS NOT FILED WITH THE SEC IN 4 YEARS!

http://www.nasdaq.com/symbol/erbb/sec-filings

-Be wary of frequent changes to a company's name or business focus. Name changes and the potential for manipulation often go hand in hand. One low-priced stock now claiming to be in the medical marijuana business has had four name changes in the past 10 years. Another company switched from the coffee business to focus "on the rapidly emerging medical marijuana industries." Name changes can turn up in company press releases, internet searches and, if the company files periodic reports, in the SEC's EDGAR database.

-PAGE 2: http://www.otcmarkets.com/financialReportViewer?symbol=ERBB&id=120696

-On January 6, 2012, the name of the Issuer became Tranzbyte Corporation, previously
known as:

-11/12/1998: TI-Mail Inc.
-08/14/2000: Desert Winds Entertainment, Inc.
-11/06/2002: SunnComm, Inc.
-04/19/2004: SunnComm Technologies, Inc.
-06/14/2007: The Amergence Group, Inc.
-03/08/2011: Altitude Organic Corporation

-On May 9, 2014 the Company changed its name to American Green, Inc.

-Know where the stock trades. Most unsolicited spam recommendations involve stocks that do not trade on The NASDAQ Stock Market (NASDAQ OMX), the New York Stock Exchange (NYSE Euronext) or other registered national securities exchanges. Instead, these stocks may be quoted on an over-the-counter (OTC) quotation platform like the FINRA-operated Over-the-Counter Bulletin Board (OTCBB) and the platform operated by OTC Markets Group, Inc. Generally, there are no minimum quantitative standards that a company must meet to have its securities quoted in the OTC market.

-ERBB IS A STINKY PINKY!

http://www.investopedia.com/articles/investing/070313/use-caution-trading-pink-sheet-stocks.asp

-Buyer Beware! Investors should be aware of four cautions. First, most OTC stocks do not meet the minimum requirements for most exchanges and do not file with the SEC. Therefore, credible and reliable fundamental data are not available for analysis. Second, historically Pink Sheets stocks are penny stocks and are often near-insolvent companies. Third, some stocks are illegitimate shell companies set up to scam investors by issuing press releases, and having “analysts” promote the stock and issue more worthless shares. Fourth, Pink Sheets only has one requirement for a company to list - a company needs to have one market maker quoting its stock. The listing companies do not have to provide any financial information at all.

-One common scam involving OTC investors is the pump and dump scheme where promoters buy penny stocks, promote and push up the prices for other investors and then dump their stocks while the late investors are stuck with worthless stock that they overpaid to own. These stocks are often promoted in spam emails or on message boards and blogs.

-When investing in unregistered offerings, also consider these risks:
-You may lose your entire investment.
-You may not be able to sell the stock easily, and you may have to hold your investment indefinitely.
-The company may not make information about its business or financial condition publicly available.