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ERBB did 1/500 reverse split..then turned around and raised AS again..lol..hashtag erbbdilutionmachine
ERBB subsidiary CANX quit reporting financials over 1yr ago..Grey market coming?
ERBB hit .0018s yesterday..could get even uglier.
ERBB PawPuddy division recorded ZERO sales last Q..Why?
"This reduction in borrowing should slow the rate at which shares converted from loans will add to American Green’s total outstanding shares.”
Slow the rate? Baloney, outstanding shares and float increasing bigtime! Just check posted monthly increases!
Appears that way..Pete needs to get creative with PRs..
Curious as to the direction this company goes..Simon morphed little known Joe Arcaro Cascade Energy (CSCE) into cannabis NUGS..Worth eyes at least..18 followers, let's see if that grows.
Interesting trivia..CEO Amir happens to be an investor in Hype House..TikTok heavan for Young at heart..
https://www.nytimes.com/2020/01/03/style/hype-house-los-angeles-tik-tok.html
https://celebsfortune.com/daisy-keech-lawsuits-rights-hype-house-thomas-petrou-chase-hudson
It does..It is..:)..fwiw, SGMD arranged potential $20m in financing with K&J Funds (15) months ago..SGMD outlined a $12m plan for the funds (similar to the outlined proceeds presented in the Tiger Global Reg A), structured at .10/share which ultimately was higher than actual share price when K&J financing ultimately effective..If memory serves, the $20m K&J financing resulted lil' over $100k..Many thought the $20m K&J financing package would result in both dilution and funding..Neither occurred..
Guess what I'm sayin' maybe the Reg A takes place..maybe not..Maybe it raises $6m..maybe not.($100k?)..Regardless, Reg A offering likely 3-5 month time frame..SGMD share price should see plenty of "action' by then..gl
Considering realm of possibilities, hitting both your price points during their run(s) not out of the question..Question is, which comes first?.gl
Well, I see where Simon slipped in the late filing notice sometime Fri afternoon...expected Aug13
Hopefully SGMD will update the $10M PPE orders per May6 Carryoutsupplies PR in early July..
Website has boosted quantities available for several of the product offerings..Takes several days for China order fullfillment and couple weeks delivery via air..Still no sign of sea shipping manifests per Import Genius..Allowing a month from May6 for Jimmy to get the volume rolling, takes us into early/mid June..Recall Jimmy stated SGMD PPE ordering inquiries began a couple months earlier,(circa Mar6?) and all sold out..So, wheels were in motion, testing done..on with the volume phase.
Recently noticed downward price pressure on masks particularly, plenty of competitors as China ramps up production..Still nice markups remain.
Example..SGMD Taida masks drop to about $1.33 each per a 3000pk order..Small 5unit order sells at $9.99. My cost about $1.-1.10, for reasonable quantity, likely SGMD cheaper with their volume orders.. Taida boasts 100k KN95 mask production daily, 500k 3ply masks daily..state orders can be ready to go 3-4 days..:)
We wont see PPE impact until Sept30 10k release, but we should certainly see encouraging PPE revenue reported if Jimmy on the up and up..Jimmy's pumping the Budcars monthly numbers, hope the same for Carryout starting in July..
Carryoutsupplies PPE manufacturers certainly cranking out product..and air transport still occurring..And Corona19 news itself cranking back up..
Either Jimmy has $10m in PPE orders..or he doesnt..But with China ramped up, airplanes still flying and SGMD O/S growing...dont see how SGMD doesnt fill the $10m in orders easily this year..EASILY!
$10m PPE orders in hand Jimmy..Fact or Fiction? Update please:)
Lindel, one reason i inquire about machine photo to reassure ERBB shareholders, is i am concerned about other unaudited financial entries..One being the $93k listed as patent asset? i dont claim to be an accountant, but the $93k asset continues to get listed on financials:
1) That includes original payment from AG to Tomassi for the initial Zazzz machine patent rights, negotiated by SS..The rights were Zazz machine specific that included an expiration date for those rights..Once the patent right asset expired, can it still remain listed years later as an asset?
2) After Zazzz expired and updated AGM preparing to launch, Tomassi communicated to me that SS was at that time negotiating payment rights for AGM on behalf of Panpacific International, not ERBB.Curious as to why SS didnt negotiate again on behalf of ERBB from the start, instead chose PanP patent rights..imo, Jacobs was hopeful beyond standard AG PR share selling fluff that machines just might take off, and his need for greed was to lock up as much as possible for Pete's private PanP..Amusing that Robert asked me if i was interested in also securing patent rights for my specific machines at same time SS negotiating..btw, i never indicated to Bob if i owned or didnt own machines..:)
3) Appears SS did finalize a PanP patent deal with Tomassi..And interesting sometime aftertward i noticed in a Wyoming filing where Robert, for 1st time, was issued shares, as well as SS..I assume, certainly on Tomassi behalf, that the shares were for PanP Tomassi patent right payment..Interesting to note that ERBB shares picked up the PanP patent tab, especially since it was swiped from under ERBB arms that held originally..:)
Lindel, could you please provide a photo of the $484k Zazzz/AGM inventory at Vendweb as a confidence booster to support financial's machine inventory entry? thx..i understand that there are (reported) machine locations outside of Vendweb leased facility to also consider..
Previous Arcaro/Yu NUGS connection ran from .06 to over $7 bucks..with a couple mil float at the time..
Most generally,dilution..But that is not a big surprise given the significant recent monthly increases in OS, unrestricted shares (coupled with decrease restricted shares) and float..Question is if SGMD raises encouraging infrastructure funds..or noteholders converting and moving on..idk, but should get a good idea in next two Q filings..
sizeable 5.5m ttrade @0045 today
In and out since 2014 when SGMD ran from .015 to .72 in three days..Love or hate Jimmy or NUGS Simon, fingers crossed there is still opportune moments..tend to read everything multiple times and read between the lines best I can..gl..:)
No..OS 1.31b on 5/31..OS 1.52b on 6/25..gl
Just presenting food for thought..not particularly pumping or bashing..gl
ALERT!!!*** ERBB BID 22 MILLION..._ERBB_ASK_10_MILLION!!!
Pay attention..MM's will remove those huge bids periodically throughout the day, unload ...put bids back up...repeat..Been doing it for years.
MMs trap erbb shareholders like rats..gl
SGMD indicates $175-375k to open each Budcars location..and supposedly up to 46% margins because of SGMD buying power..
If Jimmy projections accurate, each initial budcars $175-375 startup cost resulting in $10-20m revenue nearly equals the $1.6-1.8m monthly grow operation..with startup cost 1m+?.btw, Jimmy 5k sq ft grow operation estimates would outpace NUGS 275k sq ft Salinas grow present monthly revenues..??
Apparently SGMD has ponied up $700k for 40% budcars (per financials -"acquired" -past tense, not "acquires" :)
SGMD has option to purchase Clint Walker 30% for another $525k..One would think owning Budcars 70% would be immediate priority assuming the $10-20m per location, reached annualized within one year, along with the pumped 46% margins would be the way to go..assuming accurate data..Wouldnt exercising the budcars 30% option with up to 46% margins be the first thing to do? Gotta' be more to the story..I do appreciate though the additional contract tidbits that get released piecemeal for shareholders to review..:)
Lindel,fwiw..If a new visitor reviewed the EZWEED AGM photo links that have been provided, they immediately would notice the video screen that highlights previous Chief MJ Grow Officer Cory Anderson...and i assume prospective buyers might review Cory's AG statements on video and social media..
IMO you should delete Cory"s AGM video..Lindel, you mentioned that you considered ERBB branding image a hindrance and an obstacle to overcome in gaining sales..Promoting, intentionally or not, a Cory Anderson video who has been fired by American Green from the Virginia Ave Chief Grow Officer position is ultimately not good for AG brand..Astute visitors might dig deeper in DD and be concerned as to multiple leadership firings...RE: Anderson, Shearin,Miller etc..just a suggestion..
Concerning that Cory Anderson Linkedin indicates his Hempful Farms Development connection, for years..and for some reason,previously pumped Hempful Farms Chris Martin AG involvements have all but disappeared on social media...and the AG/ERBB PawPuddy partnership resulted for the first time in ZERO revenues in last Quarterly...And mum's the word from AG mgmt regarding inquiries..??
So, ERBB has pumped multiple times their "disruptive" subsidiary dividend farming initiatives underway since 2010..pumped their first (and only) Panpacific International dividend spinoff (one PanP for every 10 ERBB shares) indeed transpired, and yet, you are telling me that those pumped PanP divy shares value remains at ZERO ten years later? Wowza, thank goodness i missed that opportunity by a few months..:)
But i did happen to purchase afterward and ERBB managed to get my shares blindsided and tied up in a 2 year long DTC Chill lock up...
Intertesting how ERBB mgmt refuses to respond to PanP S-1 inquiries..
Lindel, can you confirm that ERBB possesses approx $484k in smart machines inventory at Vendweb facility?..VE Global Vending communicated a 30 unit ZAZZ run years ago..Gwyther PR'd remaining inventory would be updated, renamed and transported to your biz location..Since no audited financials, concerned the $484k asset not represented correctly..and that transported Zazz units/parts has been sold off over the years..thx.
"Upon the completion of the distribution of the PPI shares, Amergence will begin the process of completing the audit and disclosure requirements for registering Panpacific International, Inc. with the SEC."
ERBB trivia question ...just how many separate incidents since 2010 has Jacobs Bunch pumped audit news that never transpires?
BTW, can someone update the value of the 2010 ERBB PanP divy?
ERBB Share Selling Blast from da' Past:
Amergence Group Readies Its First "Spin-Out" Subsidiary, PanPacific International
Marketwire
August 12, 2010: 09:45 AM ET
The Amergence Group (PINKSHEETS: AMNG), a company that focuses on the development, nurturing, and rapid expansion of selected emerging or disruptive companies across a wide range of industries and disciplines, announced today that it has assigned its rights under the Joint Venture Agreement with PanPacific Business Ltd. to Amergence's new subsidiary, PanPacific International, Inc., a Nevada Corporation. Amergence has taken its first steps toward readying its "spin-out" subsidiary, PanPacific International (PPI) for the transformation into becoming its own fully reporting public company. In accordance with its unique "dividend farming" concept, Amergence will then share the equity it receives in PanPacific with its individual shareholders in the form of a dividend.
The joint venture agreement provides for a minimum of five acquisitions for the Panpacific International subsidiary including, The Hotel Advertising Network and Queen Entertainment Group. Amergence believes this contribution will provide significant value to PPI's financial statements. Upon the completion of the distribution of the PPI shares, Amergence will begin the process of completing the audit and disclosure requirements for registering Panpacific International, Inc. with the SEC.
"This is a critical step in the process of establishing a solid asset base and business for Panpacific International as we prepare the company for becoming it own registered, fully-reporting public company," said Peter Jacobs, the company's managing director.
With management expertise and offices around the globe, The Amergence Group is uniquely positioned to introduce bold, edgy, or disruptive businesses to the world as it spins each subsidiary out to become their own individual fully-reporting public companies.
ABOUT THE AMERGENCE GROUP
The Amergence Group (PINKSHEETS: AMNG) provides valuable advice and support to new businesses with its goal of accelerating their intended plans to introduce edgy, disruptive, and/or innovative technologies to the world market. The Company's 8-year-old Tranzbyte division continues to focus on the development and marketing of its innovative group of optical media enhancement technologies worldwide such as FLASHAlbum, a technology which enables distributors of optic disc media (CDs and DVDs) to combine the best features of both on one USB flash drive.
ABOUT PANPACIFIC INTERNATIONAL, INC.
PanPacific International (www.yespanpacific.com) has become The Amergence Group's first "Spin-Out" subsidiary. 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.
Company and Contact:
Peter H. Jacobs
Managing Director
md@amergencegroup.com
14220 N. Northsight Blvd., Suite 139
Scottsdale, AZ 85260
(480) 443-1600
Company and Contact:
John T. Martin
Chief Executive Officer
jtm@yespanpacific.com
PanPacific International, Inc.
1702 Chinachem Tower
34-37 Connaught Road Central
Hong Kong, Hong Kong S.A.R.
Top of page
SGMD/NUGS doing a nice job with news lately..:)
..meanwhile, huge dilution confirmed monthly on otcmarkets since the 1/500 R/S..This is the 2nd PR attempt to disguise dilution reality since RS.
February 7, 2020, the Company (the "Buyer") entered into a share sale and purchase agreement with Indigo Dye Group Corp. ("Indigo", the "Seller") located in Sacramento, California. Indigo carries on business as a cannabis delivery business under the name BudCars and Sugarmade has an interest in making an investment in Indigo in order to further its corporate growth goals. All the parties agree as follows:
Sugarmade will invest Seven Hundred Thousand Dollars ($700,000) (the “Investment”) into Indigo for inventory, equipment, and marketing expenses.
Sugarmade will make the Investment in twelve monthly equal installments of $58,333 with the acceleration of the payment schedule possible depending on business growth, cash flow needs and capital availability.
Sugarmade will receive a Forty Percent (40%) of the issued shares in Indigo Dye. upon execution of the final agreement. The value used for this transaction is $1,750,000 and each percentage (1%) of the company is worth $17,500.
In the event that Sugarmade is not able to make a payment of $58,333 in any month, it will have 90 days to cure the default. on the 91st day the investment plan will cease and the amount of invested capital will be calculated based on an enterprise value of $1,750,000 or $17,500 per 1% of owned equity.
Another erbb pr..another ttrade..more dilution..Beware of erbb news.
ERBB Dumpage Relentless!
Sal's version of Breakin' Bad?
How many of the 4 bldgs had plants growing? 1..2..3..4?
Jimmy needs to confirm at least one of the pumped LA locations signed and sealed..and deliver the location Jimmy..:) Suppose to launch by July.
"as its (NUGS) new LA hub ramps up given the extra demand for delivery services"
surprised nugs closed down nearly 11% today considering buy/sells.
correction..how about confirming the two LA locations..:)
per apr pr.."we are acquiring two distribution hub locations in the LA area with cannabis licenses included so we can hit the ground running.”