Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I thought you were done...
*****BUYER BEWARE !!! Liens , lawsuits , millions in CD notes , 4 reverse splits , numerous name changes , several CEO changes , several failed partnerships , hundreds of bogus prs over the years
Cypress grow op being sold because of lack of payments - hence liens ( ERBB has a long history of stiffing construction contractors -- Vendweb being sold - no interest in machines , Zazz name / rites up for sale
Company is rotten to the core imo
MUCH MORE COULD BE SAID
ERBB_NEEDS_TO_EXPLAIN_ALL_THE_NEGATIVES_GOING_ON_WITH_THE_COMPANY_IN_A_PR!!!
10/16/23 FINS CONFIRMS ERBB SELLING_2325_CYPRESS_PROPERTY AS SORBYTECH FOUND OUT & POSTED ON 9/18/23!!! https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172848918
PER PAGES 10 & 18 OF THEIR 10/16/23 AMERICAN GREEN, INC. FINANCIAL REPORT: https://www.otcmarkets.com/otcapi/company/financial-report/383816/content
“If we are able to negotiate the removal of the lien and refinance the property, we have received offers to purchase it above $5M.”
HOWEVER, THEY MAY JUST LOSE THE PROPERTY ON 10/31/23 IN FORECLOSURE:
“The Company is attempting to refinance its property located at 2325 W. Cypress Street in Phoenix. Currently, the mortgage is in default and its contractor has placed a mechanics lien of approximately $2.2M dollars. The Company disputes the amount of the lien and is currently attempting to negotiate a settlement with removal of the lien as the primary reason to entertain a settlement. If we are unsuccessful, in obtaining the refinance, which is dependent upon achieving the release of the lien, we may lose the property on October 31, 2023, in foreclosure.”
BASED ON ALL THIS NEW “OFFICIAL” COMPANY INFO ABOVE, I WOULD “ASSUME” ALL CONSTRUCTION ON CONVERSION OF THE BUILDING IS NOW STOPPED SO ANY NEW/RECENT “PERMITS ISSUED” ON THE BUILDING CONSTRUCTION DO NOT MATTER ANY LONGER!!! https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172990832
BASED ON THE ABOVE, (1) AMERICAN GREEN, INCs ENDEAVOR TO HAVE A "SECOND" AMERICAN GREEN MJ CULTIVATION FACILITY HAS FAILED AND (2) THEY SHOULD HAVE NEVER ATTEMPTED TO DO THIS MONEY-LOSING ENDEAVOR.
ALSO, SORBYTECH FOUND OUT & POSTED ON 8/15/23 OTHER ERBB INFO AS WELL SPECIFICALLY ERBB SELLING THEIR “VENDWEB” VENDING MACHINE BUSINESS CONFIRMED ON PAGE 7 OF THEIR 10/16/23 ERBB FINANCIAL REPORT: “The Company is negotiating the sale of VendWeb, LLC.”
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172606352
ADDITIONAL ERBB “NEGATIVES” IN ERBBs 10/16/23 ERBB FINANCIAL REPORT BELOW:
1. “The Company is currently in the process of applying for a 100:1 reverse stock split.” (PAGE 2)
2. “The Company has been sued by a leasing company over approximately $900,000 in equipment for our Cypress facility. The Company is negotiating the sale of that equipment and hopes to settle the suit with the proceeds of this proposed sale”. (PAGES 10 & 18)
3. “The Company has been sued by Glorious Extracts over the termination of its rental of space at our Virginia Grow. WE believe that we had more than sufficient grounds to terminate their presence in our facility. Settlement discussions continue”. (PAGES 10 & 18)
ERBB SHOULD HAVE BEEN INFORMING/UPDATING/WARNING ERBB SHAREHOLDERS, POTENTIAL SHAREHOLDERS, AND OTHERS OF THEIR SERIOUS “NEGATIVE” ERBB UNEXPECTED “TURN OF EVENTS” FREQUENTLY IN PRs SINCE THEIR LAST PR OVER “ELEVEN” MONTHS AGO ON 2/14/23 SO PEOPLE DO NOT (1) “ASSUME” THINGS ARE GOING AS PLANNED AND (2) GET A “BIG NEGATIVE SURPRISE” GETTING NOTIFIED IN THEIR AMERICAN GREEN, INC. FINANCIAL REPORT “EIGHT” MONTHS AFTER THEIR 2/14/23 PR!!!
ERBB STILL NEEDS TO ISSUE A PR NOTING AND EXPLAINING ALL THE ABOVE; ANY OTHER COMPANY CONCERNS; AND THE COMPANY’S FUTURE OUTLOOK!!! ERBB SHOULD HAVE ISSUED THEIR 10/16/23 FINANCIAL REPORT IN A PR!!!
>>> CHECK OUT SORBYTECH'S POSTS FOR ANY OF HIS ADDITIONAL/LATEST ERBB DD/FINDINGS: https://investorshub.advfn.com/boards/profile.aspx?user=686285
In my opinion the dude here going by the name of Lindel is impersonating another guy., This is obviously a SCAM and we all are aware of it even RAT hahaha.
SCAMMMMMMMMM
***** Is that a fact ? perhaps a link or 2 too the dispensaries you have recently sold mj machines too -- would luv to go there a see one We still selling great machines but thanks for your wrong input
LMAO !!!
They have no money to keep up with development..
ENOUGH SAID
***** Reading skills elude you , where did I say scam ? where did I say Vendwebs machine was an opportunity ?
Perhaps a real MJ vending machine with a real company trying to make a real go at the industry could someday thrive but it wont be these 2 pieces of junk called ERBB and Vendweb period
Your telling me your company has received interest in mj machines from reading this board ?
ENOUGH SAID !!!
Hahahahha. OMFG you’re a hilarious loser!!!!
the publicity from this board has already generated machine inquiries from people
If they are such a scam by your words...why would there be a better machine to explore..
So you are saying that the machine is a real opportunity?
Thanks as the publicity from this board has already generated machine inquiries from people..
Thank goodness you are done as you are about as smart as a rock so please do be done you are just some sad little person who thinks he knows everything and knows nothing..
Get a life.
They did not dump vendweb dude...
They have no money to keep up with development..
We still selling great machines but thanks for your wrong input
Happy Friday SIMP Lindel!
I’m thru with you because you’re just plain too dumb and I feel bad for you. Even Rat Fink has FINALLY come to the light and realized this is a scam, only years after he destroyed this message board (and many others) with incessant pumping. After reading your post it is painfully obvious how much you lack, whether it be baseline writing skills or just common sense. But I’ll leave you with this…….
You are a very confused and sad person.
You claim to be using a lawyer to recover money American Green owes you for services rendered, yet in the same paragraph you are claiming the company is not a scam…..hmmm, that’s quite a contradiction. Seems a lot like AG “tricked” you into providing a bunch of services without paying for said services. Kind of like how AG spent 10 years releasing info about Zazzz/AGM, Nipton, OG Tea, Truth Lighting and many others but nothing ever came to fruition. The writing is on the wall bud….AMERICAN GREEN IS A SCAM.
So here you are “not defending” American Green but instead telling people they are wrong for calling AG a scam? Seems an awful lot like your DEFENDING the company (because you are).
Also, the bit about requiring a subpoena to disclose locations of an AGM……that’s pure f**king comedy bud. Aside from being totally absurd, if those dumpy machines were operating SOMEONE, be it an inquisitive shareholder, a happy vendor, a satisfied customer, an industry tracker, a press outlet…..SOMEONE, ANYONE would be able to simply verify the location. Alas, as there are NO machines in operation at dispensaries across the US so there is and will be no independent verification.
How stupid are you to defend your work with AG, tell others this isn’t a scam, suggest legal action…..all in a pathetic attempt to gain credibility when all you’d have to do is say “go to XYZ Dispensary and see the machine for yourself?” Boom! Done! Proof positive that machines are in use and egg on anyone’s face who said otherwise. I get you are trying to save your reputation but all you are doing is digging the hole deeper and looking like a total f**kwad in the process.
Look SIMP, I have about 5 years of emails from Chris Ramondetta (former AG stooge), Sheelag Golligee (former “partner”/dispensary owner tricked by AG) and even Stephen Shearin, all of whom call the company a scam and spell it out in no uncertain terms. Ramondetta’s emails apologize for prior conversations where he lied to me about AG business activity that he knew was fraudulent. Goligee’s emails discuss her retaining counsel for the lies about a partnership that AG released in the press. And former CEO Shearin explains his role in the fraud and claims he has gone to the SEC multiple times but they just don’t care. I’ve posted some of the emails here and wrote quite extensively about the AG fraud on Seeking Alpha but I’m not going to waste my time doing it again.
So the bottoms line is, you’re SIMPing for American Green because of some yet unknown, but exceptionally misguided reason and you’re not here to defend your rep. If you were here to defend yourself you’d say something like “my experience with American Green was not good. They stiffed me for my work but I am moving on to new ventures.” Instead you’re calling others bullies and saying we are ignorant for stating AG is a scam BUT BUT BUT you’re NOT “defending” American Green (lmfao at that).
In the end I hope you genuinely understand that misleading people here will do you no good. The SEC doesn’t care about the fraud AG is and has committed but that fraud will and does hurt individuals just as it has lost you time and money. I’m not a religious person but judging from your lack of education (and what I KNOW about you) you are so enjoy reconciling your behavior. I know I would feel truly awful behaving the way you do and the shame will come back to you in some negative manner.
Take care ol buddy and mark my words, you’d better change course because you are heading down a dark road from which there may be no return.
***** ERBB DUMPS VENDWEB !!!! Far far better machines out there for ERBB to explore - whoops !
ENOUGH SAID
Please do what you think is suitable if you must..
Why are you such a dumbass bully? As everyone can see, you are nothing but a bully making up names and calling people names...
You need help, man. In today's society, you are nothing but a bully, and bully days are over.
The machines do exist, and it just shows how little you truly know..
I am here because I want to be, and it's a free world; why are you here if you were not so-called scammed and can't prove anything you say is legit, as you state it?
You can't prove that AG scammed anyone in terms of the word scam.(to trick someone into giving you money or giving you some advantage in a dishonest and often illegal way) So how has AG tricked anyone, and if anything they have done was illegal, I am sure you and Peeman would be all over it in court; ow ya, that's right, you do not have the time, and it's a waste, as you say....really Befallen Sour Ass Night?
I am here because I want to know exactly with proof of what American Green has done other than not being good business people, but what proof of laws have they broken?
I am working with a lawyer on what they owe me, but I am also very curious about what if any, real laws they have broken.
Before you bite someone's head off and start calling them names, maybe you should see their true intentions.
There is no need to continue with your hostile ways as it is a waste of space and is not accomplishing anything, and only makes you look childish.
If you want to have a real conversation, you know how to reach me.
Look, I know you are pissed, but really, I have nothing to do with the stock side, and by NDA, I can't say where the machines are unless someone subpoenas me to court, and then I have all the proof of what was sold and where they are, and there are machines out in the field working as they should.
I am not here defending AG by no means on the stock side, but I will always defend what I do in vending and dispensing systems.
STFU Lindel
You are the coward, the shill, the SIMP!
Why are you here when you claim you’ve moved on from American Green? What purpose do you have telling people how “wrong” they are for calling American Green a scam if you no longer do business with the company and they can’t even pay you for your services as you have stated? How truly stupid are you to not see American Green as a scam when they allegedly partnered with you to sell/lease vending machines yet none of those lies came to fruition and you have nothing to show for it except wasting your time on this message board?
Oh, oh, oh sorry…..I forgot, we are supposed to PROVE that there aren’t/weren’t any machines sold or leased because you have to keep that info super double secret and won’t share locations. You dumbass, if you sold any of those turd boxes SOMEONE (a happy vendor, a ERBB shareholder, a happy customer) would have noticed and defended you but everyone knows they don’t exist.
And the only bullying I may be doing is eviscerating you because you are too stupid to rebuke any intelligent dissent. To put it in words you understand…..boy you dumber that an Alabama tick. But seriously, this isn’t bullying when I call you out for your role in the scam that is American Green.
Lindel, you’re lucky I pity you because otherwise I’d be happy to pay a PI to look deeper into you and your VendWeb dealings.
So you were never scammed; you can't file a report, as you have nothing to report.
I have nothing to report either, as I have never seen any so-called scam, but some on here say otherwise, so they should step up. Still, they won't because they say it's not worth their time...NO its because they can't prove any so-called scam ever happened to them want to make it seem like they know something, but they don't know anything and sure have no facts..same old shit over and over.
I am not defending anyone except myself if needed, and I have all the confidence that if I ever need to, I can prove everything I have ever posted...or said
If you were scammed or believe someone is a scam...prove it is all I am saying.
Wow, you calling someone a coward.
At least I don't hide behind fake ass names like you...
Sorry Befallen Dumbass, you are so fake and shallow and have to use bullying as a tactic to make it seem like you know something.
Ya, clueless and stupid, and it shows...
But you have all the info, insight, contacts, relationships…
I have not been scammed. I was smart enough to sell the POS quickly after coming onboard. But when someone like you who is so proud and honest to use your real name with such integrity knows all this insider info….why wouldn’t you report them?
Give us all your details. I will file the report and include your contact info and details you have shared.
Me thinks Lindel is SIMPing for AG because the poor dummy thinks they may make him an insider. If he was legit with his comical vending business he would be distancing himself fro AG as much as possible instead of SIMPing on message boards. I mean even Chris Ramondetta (former AG employee) knew to get as far away as possible from AG….after he explained to me in great detail how AG was a fraud. Chris made his peace and moved on. Dude would never SIMP the way this coward Lindel does
That's your job, not mine...If you say you have been scammed prove it is all I am saying.
Call the SEC on them, you have so much insider info on them then prove it….otherwise you are just part of the scam.
I am not defending the company at all..
AG has done nothing but go straight down. trying to defund the company or anybody associated with it is foolish and irresponsible. It is a failure and created solely to scam people out of their money.
***** Only when ERBB gets those machines from Vendweb - whoops
ENOUGH SAID
I thought you said machines were a stupid idea.
“Win” in court? You’re such a childish SiMP
You couldn’t possibly be more ignorant of legal proceedings and sound like a childish idiot making the statements you do. Recovering $50k in damages from AG would cost at least twice that in legal fees. Even if family or friends handled the case pro bono there is no possible way I’d recover any losses considering AG can’t even pay your SIMPself or other vendor, partners or associates.
You weren’t around when I publicly flogged Shearin, Gwyther, Jacobs and others. I wrote several pieces on Seeking Alpha, nothing noteworthy or anything but I will publicly state they are committing securities and business fraud with zero fear of repercussions. Had I done the same about legit companies I could be in legal jeopardy but criminals like Shearin, Gwyther and Jacobs know they can’t use the legal system to counteract my claims. Kind of like how crackheads like you can’t call the cops when their plug sells them a bag short of a few rocks.
But I don’t need the legal system or a message board to hide behind cause I got my buddies Heckler & Kock to help with things that go bump in the night. Fortunately I am grandfathered in with my HK sidearms since they were banned in CA
***** Thats great ! far better machines out there for ERBB to explore - buy then !
ENOUGH SAID
So instead, you post stuff here and waste time.. and is your time not worth something, so waste money also..
I don't think you are being truthful as I believe it is because ya have nothing that would win in court, or you would go after it.
But its all good you be you
Well, it won't be with us as we have moved on to the bigger and better companies to make smart machines with.
As far as ridicules it is far from that and new company will make the money...
What becomes of the 4 million per year revenue ERBB claims to be making ? !!! ..... How can their debt load be so out of balance ? !!! ..... Exactly who is seemingly ripping them off ? !!! ..... Best Wishes !!! .....
Damn right I do SIMPy SIMP Lindel
Not only are there dozens of press releases that would be protected under Safe Harbor if not for dozens of email exchanges I’ve had with past employees and alleged business partners corroborating the fraud. I even have emails from Shearin himself.
The cocaine and underage women are allegations from sources close to ERBB execs but there is enough that police, DAs or grand juries might investigate.
Don’t kid yourself SIMP, I’ve discussed the matter with counsel we just determined it’s not worth the time or costs to take action.
Ask Lindel the Simp. Hahahahhhahhaa
***** Wonder when Jacobs is going to order Gwyther to refurbish / overhaul vending machines again ? or has ERBB just scrapped that ridiculous waste of shareholder's money
ENOUGH SAID
What are you talking about?
Wow, ya, got any proof to any of those statements?
This is why you hide behind a fake name so you can say this garbage.
***** ERBB / PanPacific Smart Vending Division , so does ERBB still have machines or not ? did they move on to a better manufacturer ?
PanPacific International, Inc. 14220 N. Northsight Blvd. Ste 135
Scottsdale, AZ 85260
Telephone: 1.704.718.3158
https://panpacificinternational.com/home/smart-vending/#HOME
ENOUGH SAID
Little SIMP I spent years publicly calling Shearin, Gwyther and Jacobs criminals. And I’ll happily do it again. Each person named above is and has committed criminal fraud. They are illegally and knowingly releasing fraudulent information with the intent of misleading investors. They are all committing business and securities fraud. Many of them use illegal drugs such as cocaine and there are allegations of improprieties with underage women
Do with that what you will. Subpoena IHub for my info. Pay lawyers to build a slander or libel case against me. Have at it SIMP
And when yall have a real case against AG yall let us know..
That's why yall hide behind fake names so you can't be called into court.
I have seen some really bad characters in my day, but they at least had a back bone and did not hide.
What are you scared of?
Ummm, ya still have not answered how a vending machine that does not have reporting of volume sold is operating in a weed shop?
Again, I point out you are not as smart on the subject as you play out to be...
But it's okay. You want to make people think you are something big in the industry when, in fact, you are just some guy hanging around weed stores to waste his day away.
But that's ok you do you and bet you were that bully in school also...we all know your type just by your language.
Get a life
V, this SIMP Lindel is special
I know we’ve seen our share of ERBB shills and hucksters over the years but the Simp Lindel is truly the bottom of the barrel!!!!!!
Keep up the good work mate
Bye Lindel the ERBB SIMP
I’m bored with you and am actually feeling kind of bad for you since you are obviously such a dimwit.
There is nothing more pathetic to see someone so vastly outmatched still coming back for more of a beat down.
Even worse is watching you SIMP for American Green even after you stated they don’t have the capital to pay you.
This is just sad. I’ll be back to kick your teeth in again but in the meantime try to get your head straight
***** Interesting !!! "completed the purchase of Vendweb" PHOENIX, AZ, May 17, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – American Green, Inc. (OTC:ERBB) announced today that it has completed the purchase of Vendweb – the North Carolina vending machine company that has been supplying American Green with its proprietary American Green Xpress (American GreenX) smart vending machines for the last 5 years. The American GreenX vending machines have facial recognition and finger vein reader technology certifying over age-21 ID verification which allows the purchase of age-restricted products such as cannabis, CBD, alcohol, casino playing chips, and more.
American Green’s president David G. Gwyther said, “The acquisition of Vendweb made great sense for the company for a number of reasons. We now have full control over the smart vending division allowing us to significantly reduce manufacturing, development, and design costs – all of which increase profits. The purchase will allow the company to “fast-track” improvements to the American Green Xpress smart machine and customize it to specifically meet customers’ needs. We have had a number of requests for specific capabilities and functions from the hotel and hospitality industry and the Vendweb acquisition will make it much easier for ERBB to meet the needs of future customers who want custom over-21, age-identifying, facial recognition smart vending applications.”
“We are very excited to have Lindel Creed, the founder, and president of Vendweb, on our team.
ENOUGH SAID
Ya just as I thought ya to lazy to do anything and just want to sit around and cry..
Yall the clowns who have no proof of shit and cant do anything but complain..
So why was it told to me that Peter could not be in charge of AG?
I wonder why
Oh my little SIMP just can’t get enough
If AG is still in business, then they must have some income and assets that someone can go after, but it's okay as that's not you as you are too dumb to know that
So the founder of Truth Lighting agreed with the statement and never said hey this is a lie?
Ya must not know the entire story of what happened; all you do is take bits and pieces and try and spin it to your liking...
Get an update from Truth Lighting and see what they say as to what happen..
Then post their statement here
Ok Befallen Dumbass
Yes, by all means, if someone thinks they have been wronged, they go to court.
If AG is still in business, then they must have some income and assets that someone can go after, but it's okay as that's not you as you are too dumb to know that.
If you made so much, how much did your buddies that you talked into buying lose?
Ya made for about something as that is what keeps you here...
You laugh all ya want as it does not effect my day as I am good...
I wonder what you do for a living as it must be simple..
Not with um remember and I was never CEO so again seems like some people just don't know what they are talking about..
But you keep putting up your little stickers as they are so fun..
And come up with some facts that against the law or move on as your shit is bearing and useless over and over and over
Is there not a daily limit on these boards?
ZaZZZ MACHINE UPDATE 12/17/15
Zazzz machines ordered back to AG HQ to be redesigned
and re named to the " American Green Machine "
http://www.marketwired.com/press-release/zazzz-to-become-the-american-green-machine-otc-pink-erbb-2082934.htm
October 5 ,2016
www.tranzbyte.com
About Tranzbyte
The Tranzbyte Corporation (www.tranzbyte.com) is a driving force behind American Green Corporation, 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 enable distributors of optical media (CDs, DVDs, etc.) to consolidate the best features of each medium onto a single content-protected USB flash drive.
Pan Pacific International
http://www.panpacificinternational.com/
PanPacific International (www.yespanpacific.com) became The Amergence Group's first "Spin-Out" .
Headed by Mr. John T. "Jack" Martin, its chief executive, the company is charged with seeking out edgy and/or
disruptive businesses in Hong Kong and the surrounding areas and incorporating them within PanPacific
International. PanPacific is located at: 1702 Chinachem Tower, 34-37 Connaught Road Central, Hong Kong,
Hong Kong S.A.R.
Glad PPI has been invited to assist with the AG cultivation site. Great location, unique building
materials merging for solid operation
Contact PanPacific
PanPacific International, Inc. 14220 N. Northsight Blvd. Scottsdale, AZ 85260
Telephone: 1.480.607.7500
E-mail: webvisitor@panpacificinternational.com
Keep in touch with American Green news updates.
Sign up for Email Alerts at http://www.AmericanGreen.com
For recent update : https://otc.watch/groups/american-green-inc-erbb/
Other Contacts at American Green
Corporate Headquarters
American Green, Inc.
Investor Relations
2902 W. Virginia Avenue
Phoenix, AZ 85009
480-443-1600 X555
Phone: 480-443-1600
David G. Gwyther
Chairman
2902 W. Virginia Avenue
Phoenix, AZ 85009
480-443-1600 X555
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)
PanPacific International, Inc. (US)
2902 W. Virginia Avenue
Phoenix, AZ 85009
480-443-1600 X555
(001) 480-607-7500
PanPacific International, Inc.
317-19 Des Voeux Road Central
Suite 308/3F Kai Tak Commercial Building
Hong Kong (SAR)
Phone: +1 852 3106 3332
FAX: +1 852 3106 3262
E-mail:
contact@panpacificinternational.com
Company financials
http://www.otcmarkets.com/stock/ERBB/filings
Board of Directors list
http://www.bloomberg.com/research/stocks/people/board.asp?ticker=ERBB
Sec Complaints
https://denebleo.sec.gov/TCRExternal/index.xhtml
Caution Regarding This pr !!!!!
American Green, Inc. Purchases Town of Nipton, California,With
PlansTo Develop Premier Cannabis Hospitality Destination
https://ih.advfn.com/p.php?pid=nmona&article=75376447
Welcome To Magical Niptons ( Comedy Corner )
http://www.fox5vegas.com/clip/13889007/progress-continues-to-turn-nipton-into-marijuana-mecca
Update About Nipton Posted By AG -- Buyer Beware
Mike Rosati already taking back words about "Pot City"
Quote:
"We may have come at it initially thinking grow and dispensaries and that, but the more time we spend out here, the more we realize while it’s something we still want to pursue, it’s not going to happen right here in the town," said American Green's vice president of marketing, Mike Rosati.
Quote:
Instead of highlighting cannabis-centric entertainment, Rosati pointed to Nipton's other options: the neighboring Mojave National Preserve, stargazing, mountain biking and exploring old mines.
Quote:
Consuming marijuana will still be part of Nipton's pitch to tourists. Visitors just won't be able to buy it there.
Cannabis is no longer the highlight of Nipton. Just another gateway town to the Mojave. As an investor in this company, this pisses me off! We've been told that Nipton, CA was going to be transformed into this marijuana tourist destination, and that American Green was going to invest $2.4 million into making that happen. Now the vice-president of marketing is trying to put focus onto stargazing? mountain biking? old mines? American Green lied.
http://www.desertsun.com/story/money/business/2017/09/26/nipton-california-marijuana-american-green/569319001/
Buyer Beware !!! Toxic Financing
American Green (OTCPK:ERBB) boasts as being one of the first publicly traded “cannabis” or “medical cannabis” companies in the world. Unfortunately, aside from selling a few hats with weed leaf logos, American Green has never made a dime actually selling cannabis or providing any cannabis related service, and likely never will. Under current laws, publicly traded companies cannot even generate revenues from the sale illegal substances.
Despite many claims of booming business models, the revenues generated by American Green come from Convertible Debt. For those who are not familiar with this toxic behavior, American Green issues ERBB share to Convertible Debt holders in exchange for cash to fund operations. The shares granted to CD holders are discounted 50% off the 52-week lows so by the time the shares are issued, the CD holders can sell for a 100% gain at the absolute minimum. In addition to the highly profitable share exchange, the CD holders are also given cash for the interest on the money they provide American Green.
Here is an example of how the money and ERBB shares are slushed around between the Convertible Debt holders and American Green based on the past year:
CD holder issues American Green $100,000 in exchange for the equivalent number of shares accruable at a 50% discount of the 52-week low. In the year leading up to the Nipton announcement, the 52-week low was .001, meaning the CD holder will be granted $100,000 worth of shares at .0005 The CD holder is also issued interest on the $100k given to AG, netting approximately 3% per month, or $3,000 a month. Upon delivery, the $100,000 is CONVERTED by the CD holder into approximately 200,000,000 ERBB shares ($100,000 divided by .0005) American Green announces plans to buys and convert Nipton into a premiere cannabis destination sending ERBB to a high of .005 The CD holders sells the shares granted for a 1000% profit (.0005 sold at .005)
So, the CD holder makes nearly $1,000,000 for loaning American Green. The original cash infusion of $100,000 to American Green is supposed to be earmarked for business operations but according to American Green’s own financial reports, the majority of the cash from CD holders goes directly into the pockets of AG insiders in the form of salaries or consulting fees. The cash is further redirected into insider’s accounts by being used for legal and accounting services from law firms owned by AG insiders. Over 70% of the cash goes directly to insiders.
In the end, very little of the CD holder monies are put towards developing a credible business. American Green, has not sold a sustainable product since inception. Lies about cultivation equipment, lies about vending machines, lies about grow ops, lies about extraction facilities, lies about branded products, lies about towns…..lies are the only products offered
That's 7 blocks of 9 million shares being sold, all within the span of about half an hour. That is most likely coming from a single entity, a convertible debtholder who had 63 million shares to sell.
That's $63,000.
Where'd they get those shares? American Green, for 50% off the 52-week low. The debtholder essentially just doubled their money. And who pays for it? The shareholders!
This is why this stock has been dragged down for the past 4 years, because of stuff like this!
Dis Zazzz Ster Ville
A must watch video below
https://www.youtube.com/watch?v=MeUptx0XdrI&feature=youtu.be
American Green's Instagram puts out salty reply
Quote:
Folks, thus is not an IR board. It's a social outlet to showcase the various initiatives $ERBB is involved in. GreenCrete is well documented and underway, hence the article. View and comment on what's here, go to iHub to moan and complain. Thank you, and remember to never spend your lunch money on any OTC stock #ERBB on!
Well folks, let's start moaning and complaining.
There needs to be people who will post due diligence that "investors" do not, and I guess iHub will have to be the place since American Green can not handle criticism and must create their own safe place on OTC Watch.
For example, early due diligence from many "naysayers" pointed out that Nipton, CA could not sell marijuana due to county regulations, while news sites made it out to be a Pot Town U.S.A.. Mike Rosati, VP of Marketing, provided this information and several months afterwards is no longer working for American Green. Did American Green put out this information? NO!
Even farther back, due diligence revealed that ZaZZZ machines which were said to be placed in dispensaries were either returned or never placed in the first place. This is important information. Did American Green put out this information? NO!
The Calyptic LLC grow operation was revealed to be based in a residential home and later dissolved as a company months after this news came out. Did American Green put out this information? NO!
Due diligence revealed that iMD never ordered 100 Jurassic Watering Systems, and FutureWorld Group never built 1,500 machines for American Green. Did anyone care? They should have! It was swept under the rug. Did American Green put out this information? NO!
Due diligence into Truth Lighting and OG Tea revealed that these subsidaries of American Green were actually never acquired or dissolved shortly after, resulting in minimal to no revenue. The sale of OneBode also never happened, which was also revealed by "naysayers" on this board. Did American Green put out this information? NO!
Due diligence revealed that American Green increased their authorized share count to 25 billion shares the day before they announced their purchase of Nipton. How else were they going to pay for the town? Diluting shares onto shareholders. Did American Green put out this information? NO!
Due diligence into Dispension Industries revealed that the company formed just a mere months before American Green announced a PR about them becoming their Canadian distributor - a company with no background and seemingly created for the sole purpose of this PR stunt. Did American Green put out this information? NO!
Due diligence revealed that Delta International Oil and Gas changed their business from Arizona, a state with no cap on authorized shares, to Colorado, a state with an unlimited limit, seemingly for the sole purpose of dilution shares, one week after American Green acquired Nipton. Did American Green put out this information? NO!
Due diligence revealed that recent regulations limit convertible notes to stocks trading above $0.01 a share, further suggesting that Delta International deal only came about as a way for American Green to continue selling shares to debenture debt holders through their new subsidary! Did American Green put out this information? NO!
I could continue, but I think you can understand where this is going.
American Green can say we moan and complain, but in reality we are exposing them and their lies. Thanks for the shoutout, American Green. Keep pretending you're a real marijuana company.
AG HAS ISSUED ANOTHER REVERSE SPLIT 1/500 WIPING OUT RETAIL
SHAREHOLDERS
https://otce.finra.org/otce/dailyList
End of 1vman's Section
This Section Maintained by Pistol Pete
PHOTO ABOVE SHOWS A "FULL" PARKING LOT OF "16" VEHICLES RIGHT IN FRONT OF ERBB's PHOENIX MJ CULTIVATION CENTER
THREE GOOGLE MAPS PHOTOS ABOVE AT 2902 W. VIRGINA AVE. SHOW BUSINESS "NEXT DOOR" TO ERBB MJ GROW OP
HAS THEIR OWN PARKING LOTS IN FRONT AND BACK.
PHOTOS FROM: https://www.google.com/maps/place/2902+w.+virginia+avenue+phoenix+az+85009/@33.4768036,-112.121614,3a,75y,319.28h,90t/data=!3m6!1e1!3m4!1sr8gFRXTwginL23hHHGD3zg!2e0!7i13312!8i6656!4m2!3m1!1s0x0:0x8beb4e109bdc6884!6m1!1e1
SOURCE OF PHOTO BELOW FROM 2/14/17 ERBB BOARD POST: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=128681065
PHOTO SHOW MATERIALS ON PALLETS NEXT TO BAY DOORS IN BACK OF PHOENIX MJ GROW OP
End of Pistol Pete Section
This section below maintained by Rat Fink
Latest American Green, Inc. ERBB news & info:
https://finance.yahoo.com/quote/ERBB?p=ERBB
This section above maintained by Rat Fink
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |