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Okay first: $2.5 million won't even be near enough cash to do everything that you mentioned in your post. Second: ERBB can't even convert a 12K sq. foot warehouse into a grow-op and it has already been 2 years. A good general contractor could have had that done in six moths,1 year tops. Third: Nipton is an unincorporated village and by law will not be able to cultivate or sell MJ. In order to incorporate there would need to be 10K residents per state law. That will never happen. Fourth: And this is the most important, ERBB has no money and hardly any revenues.
ERBB ON!$$$$
When was Nipton ever an incorporated town? You can't grandfather in a town to be incorporated when it has never been incorporated. LOL Nipton will never be incorporated. They would need to have 10K residents to be incorporated and that will never happen. But if you have any proof that Nipton was ever incorporated I would like to see it. As of now ERBB will not be able to cultivate or sell MJ. Shearin himself has said that. This Nipton deal will never go through and ERBB will never see .25 to .50 a share. EVER!
ERBB ON!$$$$
Yeah Starman2 I noticed that as well. You will have to read the article. I remember listening to that interview though. I am still searching for it.
ERBB ON!!!
Here is the transcript of Kim Brown back in 2013 with Brian Cook. This was when they were scamming that they had a pot shop in Colorado called Altitude Organic. Problem is that when we called the Altitude Organic pot shop they had never heard of ERBB, Brian Cook, David Gwyther, Tranzbytte etc. This interview was 4 years ago. What has ERBB done in that 4 years to generate any real revenue? NOTHING! Look at all the false statements he made in this interview. What happened to Proxima RF? What about FlixStix? They did give me quite a few of those Pan Pacific share as part of their "dividend farming" scam. Those shares are worthless and sitting in my Fidelity account doing nothing just like ERBB has done nothing in 19 years.
http://www.prnewswire.com/news-releases/altitude-organics-founder-brian-cook-shares-his-vision-with-national-talk-show-host-kim-brown-185409472.html
ERBB wants to create a Silicon Valley on 120 acres? LMAO! That is just too dang funny! By the way as of now Denver has already cornered the market on that. I remember Gwyther saying that Denver is going to be the Silicon Valley of weed back when Denver first legalized. He said it during a radio interview. What does has ERBB have to show for the legalization in Colorado? NOTHING! They did NOTHING when Colorado legalized. No dispensary, no grow-op, no NOTHING! And now they want investors to think they are going to turn a 120 acre plot of desert in the middle of nowhere into the Silicon Valley of weed when they only make about 40K in revenues a year? LMAO! That is so hilarious and sad at the same time. Sad because people actually buy into their nonsense. ERBB has been doing this for 19 years and has NOTHING to show for it.
ERBB ON$$$$
Hilarious! I just love the way they use potential. So now it is over 120 acres lol. Next they will be saying with the potential to be bigger than Vegas. Too funny! ERBB ON $$$$
Nah not really. I made some pretty good bank back then as well. Since then though the share structure is insane. The float is over 14 BILLION alone. The vending machines are collecting dust. The bought some warehouse in Phoenix with plans to convert it into a grow-op but that was 2 years ago and they are
still "working" on the grow-op. Now they are supposedly going to buy some 80 acre po-dunk town called Nipton in California that is about an hour or so from Vegas right on the Nevada line. This place is literally out in the desert in the middle of nowhere. Their whopping game plan for that is to turn it into some tourist attraction mecca where they will cultivate weed, THC infuse water, hotel etc... Problem is that the town is unincorporated and they won't be able to cultivate or sell weed. Even Shearin their project manager said they are at least 2 years out from any cultivation. Another snag they will run into if the deal goes through is incorporating it. Per California state law to incorporate the town it must have at a minimum 10K residents. It is geographically impossible to pack 10K residents onto a measly 80 acres. Personally I think this was just a BS PR stunt for another one of their famous pump and dumps we have all become accustomed to with ERBB. But get this, the stock traded some 5 billion shares over to weeks and couldn't even hit a half a penny. Way to many shares out there. My prediction is that they will back out of the Nipton deal and not close. So that is my analysis and strictly my opinion of ERBB. Once they do the reverse split I will jump back in and play their soon to follow pump and dump. For right now though I am just sitting on those worthless Pan Pacific ERBB gave me and watch the show.
ERBB ON$$$$
LOL
Yeah his name is Marc Cuban. Oh,you must have thought that ResearchDD and myself were talking about the billionaire investor Mark Cuban who spells his first name with a K "Mark" not my friend "Marc" Cuban with a C. Marc sits 3 cubes down from me. Yeah Marc Cuban is interested in investing in an MJ company and mentioned ERBB. I advised him to wait until after the R/S. I would hate to seem him throw his $500 away. Surely you wouldn't think that the billionaire investor Mark Cuban would ever invest in ERBB do? LOL! He didn't become a billionaire by making stupid investments in scam companies like ERBB.
ERBB ON$$$
I know more than you do DB. You are correct about the CBD oil on Amazon. You can get hempseed oil on Amazon and you can buy CBD oil online. But one thing I know for sure is that ERBB is nothing more than a share selling scam. If you believe any different than you really don't know much do you?
https://www.greenroadsworld.com/collections/cbd-cannabis-oils
ERBB ON!!!
They haven't bought the whole town just yet. It is in escrow and they have not closed. Yes they are trying to by an 80 acre town out in the middle of nowhere. The town is unincorporated so they will not be able to cultivate of sell weed until they can incorporate. By California state law there must be 10,000 residents to become incorporated. They will never get 10K people to move to that po-dunk town in the middle of the desert not to mention where are you going to put 10K people on just 80 acres of land? ERBB will back out of the deal and all the people who bought into their hyped BS PR will left holding the bag as always.
Help me out here. From your post:
"Shareholders of Record 432 a/o Jun 30, 2017 "
I thought there were over 50K shareholders? What am I missing here? Are there 432 or 50K?
ERBB ON$$$$
ResearchDD I know Marc Cuban personally. He sent me an instant message just the other day saying he is interested in investing in an MJ company and mentioned ERBB. I walked over to his cubicle and told him if he really has his heart set on ERBB to wait until after they do a R/S. I figured I should give him some advice. He is a really cool guy to work with and a hard worker.
ERBB ON$$$$
Will be able to get them cheaper in a couple weeks. IMO ERBB ON! $$$$
Thanks for the link. I have it saved and will read it when I have more time. I have been saying the same thing about buying back into ERBB. I am waiting until after the R/S and will then buy back in and play the bump. In the meantime the only investments I have associated with ERRB are all those Pan Pacific shares they gave me several years ago. Just sitting in my Fidelity account with no value. Thanks for that great reply back by the way. You put out so much factual DD it amazes me how many people don't see the truth. I guess they just don't want to see it and dream of getting rich off this company no matter where the facts about them may lead.
ERBB ON! $$$$$
Exactly my point. Why go to Nipton when you can get it anywhere? Hell you can even order it online. Another point being that the market is already saturated with so many different brands. How much of the market share do you think ERBB can get? There is already infused water on the market as well. Not to mention ERBB can't even convert a little old warehouse into a grow-op after 2 years! Wonder why that is? Oh, because they don't have money and they don't have revenues. Working on a grow-op for two years that should have been completed in less the 6 months. So what would make anyone think that the could get an infused water operation up and running anytime soon? If at all since ERBB never delivers on anything. LOL
ERBB ON! $$$$
You are right correct. They do sell hemp seed oil but not CBD from the looks of it. But you can purchase it online.
http://www.medicalmarijuanainc.com/where-can-i-buy-cbd-hemp-oil/
ERBB ON! $$$
Please proceed.
https://www.amazon.com/CBD-Rich-Hemp-Oil-Cannabis-Medicine/dp/1499533357
BOOM!
ERBB ON!$$$$
And a person can get CBD anywhere including Amazon. Heck I live in Kansas where no weed is legal. Not even medical MJ and can get CBD oil. That market is totally saturated. How would ERBB even extract the CBD oil on an industrial scale? They can't even convert a small warehouse into a grow up after 2 years. Oh, and they don't have any money.
ERBB ON! $$$$$
What do you mean about getting around the THC issue? So ERBB cannot cultivate or sell MJ containing THC. Are you saying they could by he MJ from the Native Americans and then resell it for a profit on the reservation? Because they certainly can't buy it and bring it back to Nipton to sell it. Maybe the Native Americans on the reservation will just feel sorry for ERBB and give them money that they make selling weed on the reservation out of the goodness of their heart. LOL
Pennystomper55 You post some great DD on this message board. Factual DD that can be easily verified if someone just takes the time to verify it which I have verified a great deal of it. You also come across to me to be extremely knowledgeable of how the game is played in the penny stocks. So I have a question for you. Knowing what you know do you think ERBB could possibly ever hit a penny per share with all these shares out there? If I am not mistaken after the Nipton PR was released ERBB traded around 2 BILLION shares over the next several days correct? Would you say that trading that many shares and all that great press that ERBB should have at least climbed to .005? Or, do you think that with this many shares out there that the only possible way ERBB will ever see a penny again is to do a reverse split R/S? I am looking at the float sitting at over 14 billion shares. That is a lot of shares! So what do you think Pennystomper55? How much longer can this go without a R/S?
So they are making 39k a year in revenues. Wow they are knocking down roughly half of my yearly salary and they have been at this for 8 years. LOL Too funny! ERBB ON!$$$$
"American Green says several edible and extraction companies have expressed interest in building production facilities in Nipton as well."
And you believe that? lol Again, Nipton is unincorporated and it is ILLEGAL for them to produce edibles, grow weed, infuse water, bake pot brownies etc. They can produce and can't sell it until they become incorporated. And Shearin has already stated that it could take YEARS! LOL
ERBB ON! $$$
ERBB STRONG! $$$
LOL
"starman2" please explain to me how American Green is going to turn Nipton into a production hub when, by law, they are not allowed to cultivate or sell marijuana? Even Shearin himself has said it will be years out because the town is unincorporated. By that time there will be production and pot shops, resorts etc. all over California and Nevada. They won't even close on this land deal wait and see.
So I was reading the article you posted and this really caught my eye and raised a red flag.
From the article:
"Construction on infrastructure begins immediately, but the process of setting up the first legal marijuana cultivation site in Nipton may be years out. [b]The town is unincorporated, and Shearin said it will need to incorporate before it can apply for a grower's license."
It has already been pointed out that in order to incorporate a town in California there has to be at a minimum 10,000 residents. There is no way you can pack 10,000 people onto 80 acres. I really like where Shearin says "Construction on infrastructure begins immediately, but the process of setting up the first legal marijuana cultivation site in Nipton may be years out."
OUCH! JUST OUCH! YEARS OUT!
If they take more than 2 years and counting to convert an already standing building into a grow-op it will be decades before they have any infrastructure for marijuana cultivation. People can't even come into their trading post with their own sack of weed and legally fire up a doobie. So please explain to me how American Green is going to make a dime off of this dump in the desert in say the next five years? Oh wait they won't because they can't grow or sell marijuana in the town of Nipton and even Shearin admits that in the article you posted!
Talk About ENOUGH SAID!!!!
ERBB ON!$$$$
I figured San Bernardino county would have updated their zoning laws since recreational use has passed. But apparently unincorporated towns still cannot grow or sell weed! Here is a link and if you look in the comments a poster from unincorporated Crestline talks about how they can't have a cannabis in their local coffee shop. And this was just 3 months ago.
http://www.cannalawblog.com/the-california-cannabis-countdown-san-bernardino-county-and-the-city-of-san-bernardino/
Jimi Sunderland • 3 months ago
i live in Crestline, in the san bernardino mountains. we are unincorporated and have been fighting for cannabis. our local coffee shop recently tried to welcome pot smokers to "bring your own green" and enjoy music with coffee and your joint. a few people have started an uproar and just so happens to be on the chamber of commerce.. we start our fight tomorrow and plan to have multiple fundraising events to save the coffee shop and welcome a plant that grows just as naturally as our oaks and pines
The article does say that there are two pending lawsuits about zoning restrictions.
But Wow! Talk about a double whammy of a deal breaker!!! I don't see this Nipton deal going through. I see American Green coming out with a statement in the near future saying "That after doing some do diligence of the town and the local and county laws American Green has decided that Nipton is no longer a good fit for our future endeavors and growth of our company" or something to that effect.
ERBB ON! $$$$$
You are telling me that they have to have 10,000 residents to be able to incorporate? This is geographically impossible. You can't pack 10K people onto 80 acres. lol Heck the cost of infrastructure be astronomical. We are talking streets, sewage, electricity, water. fire department, police etc. Do they need to incorporate before they can sell weed? I think I read on this board that unincorporated towns will not be legally able to sell. If what you are saying is true that would have to be a deal breaker for ERBB as they have no money.
You mentioned infrastructure and population. Do they have to have a certain number of residents to incorporate?
ERBB ON! $$$$
Seriously? You think ERBB has a whole lot to show? Do they have just 1 dispensary in Colorado? Recreational weed has been legal there for 3 years now. Where is ERBB in Colorado? Please explain to me what a company, I don't care how old it is, with zero or next to zero revenues in 19 years has a whole lot to show? All I have seen from this company is multiple reverse splits, billions upon billions of shares, tons of debt, very little assets and practically zero to little of nothing revenue.
ERBB ON! $$$$
I will continue taking my future Reefer road trips to Vegas and Denver. I think I will look into Lake Tahoe as well as I am really into kayaking. From what I hear it absolutely gorgeous there. Plus I wouldn't have to be getting woken up all night by a train blasting by my hotel.
ERBB ON! $$$$
I agree there will be money to be made but not fortunes in my opinion. Of course when I think fortunes I think multi-billion dollar companies. Plus I agree with billionaire investor Mark Cuban who said this about a year ago. Link provided.
http://www.businessinsider.com/mark-cuban-on-cannabis-industry-2016-10
"Would I invest in the cannabis industry? No. Not because I have anything against pot. I don't care. But right now it's a gold rush. When everybody's rushing in it's hard to keep track of what everybody's doing because there's a new startup every single day.
"I think the oversaturation of the market creates a very difficult challenge. Plus, Snoop's in it [laughs]. And if Snoop Dogg's in it, it's over for everyone else."
He went on to highlight the difficulty of getting involved in an industry so hampered by regulations and red tape, and said again he thinks we're late to the game:
"There's a saying that I live by: 'First there are the innovators. Then there are the imitators. Then there are the idiots.' The three I's. You have to know which one you are, and I think already in the cannabis industry, we've at least gotten to the imitators and we may already be to the idiots."
I see ERBB as the last of the three I's because they are way to late to the game. That is just my opinion based on the fact that you can walk in downtown Denver and toss a rock and you will hit a dispensary. Don't get me wrong I think there will be plenty of money to be made with these MJ penny stocks if you play them short or just flipping them. I certainly wouldn't fall in love with any of them though. Just my humble opinion.
ERBB ON! I agree. In my opinion ERBB is on it's way to a reverse split. I don't think I have ever seen a float as gigantic has ERBB's. The only way they will be able to push this to a penny is to do a reverse split. There are just way to many shares out there. Just my opinion.
ERBB ON! $$$$$$
So Nipton is apparently going to be the only game in town in the entire state of Nevada and California for tourist to come to and enjoy recreational weed, edibles, infused beverages etc. Apparently you haven't heard of Colorado? As of now they have already cornered the market on that. Why would anyone go out to a little bitty town out in the middle of the desert to sit next to train tracks for a little R&R? I have read that the hotel there hands out ear plugs because the trains are so loud when they roll through there. So what else will Nipton have to offer other than a sack of weed that you will be able to get anywhere? What about locations like Lake Tahoe, Las Vegas, Mission Beach etc.? I can go on and on and on about better places to vacation than little old dusty Nipton. I go to Vegas every year with some friends. Will Nipton be able to provide me with a 5 star luxury hotel? How about PGA tour golf courses? How about concerts? In just the month of September here are just a few of the concerts in Vegas I could go to. Bruno Mars, Rod Stewart, Britney Spears, George Strait just to name a few. Here a few comedians playing in September. Ralphie May, Dave Chappelle, George Lopez, Jon Lovitz and Dana Carvey. Now add in all the Musicals and Theater etc. And then of course the gambling. Do you really think Nipton will be the "world premiere" concept as a world class vacation destination? Seriously? No way!!! Will Nipton bring in some passerby's ? Of course they will. But it will in no way be a multi-million dollar vacation resort. Just my opinion.
How are they going to buy back shares when they have no money? Reverse split is imminent.
No they don't need to have money in the bank.
Seriously? The financial status of a company is not relevant? Personally I prefer investing in companies that turn profits and whose assets are worth more than their amount of debt. But that's just me. Please proceed with buying up more ERBB. I am sure those revenues will come pouring in any year now. But in the meantime all I see them doing is piling up more debt and pumping out more shares. Just my opinion.
That is true. However you have to take into consideration other variables such as total assets, short term debt, long term debt etc. From what I am seeing looking at ERBB's last available financials is a company that is completely broke and bringing in zero to no revenues. No revenues and a pile of debt is a big red flag to me.
I will answer your question. No they do not have to have money in the bank. ERBB has never really had any significant amount of money in the bank. They will raise the capital needed by issuing shares. This is what they have been doing for the last 19 years.
Nope not on the strip. You will have to walk a grueling block or two off the strip and take your pick of pot shops. Oh the agony! I think I will just go to po-dunk Nipton out in the middle of nowhere instead. LOL ERBB ON!$$$$
Exactly right. The only way to push this share bloated pig to a penny will be a reverse split. I predict a 1 for 1000. Maybe even higher than that. ERBB ON! $$$$ lol
Yep dilution always looks strong! LOL