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.
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.
ERBB Success is Like Sasquatch
It doesn't exist.
I challenge any pro-ERBBie to post a coherent message detailing the success of ERBB. There's plenty of ad hominem attacks on those who point out what a failure ERBB is, yet there is never any credible evidence of ERBB being a good company/stock. Bogus articles from months ago claiming ERBB is worth $15b or blabbering about "meeting TrackX management" only to find out the deal is stalled seems like pretty weak evidence of success.
In fact, ERBB has NOT had a single fundamental success with any of the lies....
Zazzz.....fail
Jurassic water....fail
OG Tea....fail
OneBode.....fail
Truth Lighting.....fail
Shearin the Knowledge....fail
420 Report......ridiculous fail
There is no success to be found in this company. The only thing they will succeed at is getting suspended by the SEC for lies,mdeception and fraud
American Green Management a Bunch of Insolent Children
Do these idiots this that ALL their shareholders are as stupid as those "employed" by AG? Do they not realize not every shareholder chants, "In Shearin We Trust"?
It is literally like watching a child lie when you know its a total farce yet they keep going with the falsities. Unbelievable.
AG is not only creating vaporware with junk like Zazzz but they are creating entire vaporcompanies that are just fake shadows cast by bogus PRs.
This is truly a dizazzzter of epic proportions.
30% MARGIN DECREASE, 400% NET LOSS INCREASE - EXCEPTIONALLY NEGATIVE!!!!!!!!!!!!!!!!!!!
Lowlights from ERBB's 2015 annual report:
https://staticseekingalpha.a.ssl.fastly.net/uploads/2015/9/29/40890845-14435575503413537-Night-Falls_origin.jpg
56% INCREASE in YOY operation expenses
63% INCREASE in YOY loss from operations
217% gain in "cost of sales" ONLY increased revenue by 98%
35% INCREASE in "officer and director" compensation while ERBB DOWN 99%
MASSIVE 518% INCREASE in marketing makes the 98% "gross revenue" boost look like NOTHING
AN ENORMOUS WRITE DOWN OF $5,431,164 in losses from bad investments like OneBode, OG Tea, TrackX and the other scam acquisitions!!!!
NUMBERS DON'T LIE.
ERBB=DIZAZZZTER
Empty 6-Pack of Bud Buys 12,500 ERBB Shares
Sweet. Maybe ERBB's next acquisition could be a recycling plant!!! Homeless people could exchange their empties for ERBB shares
GREAT! NOW PLEASE CALCULATE THE LOSSES!!!!!
What is the dramatic increase in "cost of sales"?
What is the percentage of the dramatic decrease in profit margins, aka revenues minus cost of sales?
What is the percentage of the -$8,700,020 annual losses in relation to the $105,252 gross profit?
What is the percentage of the -$3.25m in operational expenses in relation the the $625k generated in gross revenues?
50,000 Shareholder Lie is NOT "News"
That's a lie that has been perpetuated for years.
And the 420 Reports are moronic as are the comments. Check out the YouTube pages of the commenters. Total psychopath freeway overpass dwelling idiots
The Definition of Insanity - Calyptic PR is Meaningless
Doing the same thing over and over but expecting a different result.
Today we get yet another PR that will lead to precisely nothing just as every single PR has for the past 18 months. It's utterly insane to think this recent "news" means a darn thing.
Nobody is Trying to "Destroy" This Compay
First of all, AG management has done a fine job destroying the company on their own.
Secondly, I'm just holding AG management accountable for the lies and failure. AG had a real chance with a product like Zazzz. They should have started small with 1 or 2 machines and really dialed in how to the market receives Zazzz. From there the company could have slowly but steadily built up a network.
Instead, Shearin created a vaporware that cost AG dearly. They leapt right into the horribly over complicated Zazzz Mach 2 without ever getting the screws tight on the Mach 1. They did absolutely zero market research to figure out how to best deploy the Zazzz. In CA, as long as the machines are inside dispensaries, there is no need for age verification or any biometric crap. Why not just release a stripped down machine in CA and start from there?
These guys are a bunch of idiots and until they are gone, I'll be sure to berate their idiocy ever chance I get
Gee No 420 Report with Clips of AG Packaging?
After such a grand announcement of a new AG offering in Oregon via an "executed" joint venture with the powerhouse of anonymity, Calphytic (or whatever that shell is called) you'd really think those fools would have used the recent 420 Report for something other than rehashing stupid weed "news".
What can you expect from the "team" who recently went to LA for a convention and while in town stopped by Exhale Med Center but in 2 doofus 420 Reports, "media director" Will Harris and Steph never once showed a clip of the shop, GreenSticks OR SOMETHING CHOCOLATE, WITH WHOM THEY SHARED A BOOTH WITH AT THE DARN CONVENTION!!!!!!
Seriously! What a bunch of rank amatuers! Never once did it occur to the anyone to point the camera and mic at someone from Something Chocolate to discuss this alleged partnership or this amazing tasting chocolate product?!?!!?!!!??
Or maybe they can't cause it's all a load of bs.
FlowerSticks, GreenSticks, DipSticks - How Long This Venture Lasts?
More like does it ever start. Not a single one has even got off the ground despite the $3.3m spent on operations this year AND THE $5,400,000 LOST DUE TO BAD BUSINESS DEALS THAT ARE IN NO POSSIBLE WAY THE FAULT OF THE DEAL MAKER HIMSELF, MR. STEPH SHEARIN. Besides, losing $8.7m per year is the standard for OTC penny stocks that aren't scams but are really great investments. Why not just lower your standards and maybe you'll feel better about losing the money you've sunk with ERBB.
Whatever happened to the Abattis "joint venture"? Ugh, k could go on and on and on and on......ad naseum
Once again AG doesn't have the skill, knowledge or resoursces to develop a large scale brand in the MJ business. AG brand packaging, ugh another stupid side track for these dingbats to foible with. There's no less than 4 OTC MJ frauds playing the same game, cannabis friendly packaging, and you know what, I doubt any of their canisters are the pop-top lid bottles in shops across LA.
As for the 420 Report and further perpetuation of the 50,000 shareholder LIE, "media director Will Harris" most certainly does not keep anyone updated about anything, except maybe what a hack jackass he can be. The video have 8 likes, 350 views and 2 reviews from real whack job nutballs.
Finally did Steph change his name and a few other things about himself? Do I smell a Vanity Fair cover is his or her future?
Derp on folks, derp on!
Uh Oregon's Population is Less Than 4 Million
That's about the same as the greater LA area and less than 1/3 the population of LA county. Oregon is a consolation prize for the MJ movement. Oregon has been trying to legalize fully since 1976, came really close then too. New York going full rec would be huge.
Maybe David Gwyther can open a cab/weed delivery operation in Oregon and make ERBB some money.
What Ever Has Happened to the 18 Zazzzes??????
My oh my what ever has become of these wonderful machines?
We have 2 accounted for, actually 3:
1 totally unused Zazzz Mach II dumper at Exhale drawing zero revenue according to Exhale employees
1 totally unused Zazzz Mach II dumper at AG HQ drawing zero revenue
1 totally unused Zazzz Mach I in storage at Avon according to Herbal Elements employees
A CHALLENGE TO ALL PARTIES INTERESTED IN ERBB
For those who think ERBB is an utter failure, destined for the scrap heap of bogus OTC stocks, please provide as much support as possible; failed business deals, terrible earrings reports, junk products.....
For those who think ERBB is a highly successful stock for an equally successful company, please provide as much support of strong earnings, popular products with real reviews or maybe even a personal story of use with an AG product like Zazzz, Something Chocolate, GrenSticks, OG Tea.....oops OG Tea isn't quite an AG product yet......
Losing $8,700,020/Year Will Stop a Business Real Quick
Losers. They should go hang out on a freeway over pass with the freakshow!
AT ONE POINT ZAZZZ WAS A REAL CONCEPT
At one point American Green has a real chance with Zazzz.
The concept of a marijuana vending machine was so grand that it landed Ahole in Chief Shearin on multiple financial networks like CNBC and Fox Business.
And from there it's all downhill.
AG has become sidetracked by stupid forays into sectors of the MJ market they can't handle. Shearin and the dummies have no clue how to scale a major product. From r&d to manufacturing to distribution to retail, AG has no freaking clue how to scale that. Instead of focusing on the only thing they had going with Zazzz these idiots chased hype nonsense all over the MJ sector, making bogus deals, barely seeking a darn thing and losing their credibility along the way.
And now Zazzz is a fart in the wind, soon to be irrelevant. GreenSticks and Something Chocolate are absolute rubbish, as much of a joke as the spectacularly stupid 420 Report.
Pathetic!
I Said that from .03-.01 - BLACKOUT COMING
American Green's failure is as sure as the sun rising tomorrow.
YuP, 420 REPORT IS BIZARRELY STUPID
Schtick or no schtick, the 420 Report is truly obnoxious and Will Harris is a dolt! I didn't think anyone could be more inept that Shearin, but AG never ceases to amaze me with their endless stupidity; it's the only thing they have more supply of than ERBB shares to dump on the market
Like everything else with ERBB, the 420 Report is just a distraction and entirely worthless. The information is mundane and presented by Harris in the most annoying way possible.
It's a toss up which is more meaningless, the 420 Report or Shearin the Knowledge. No wonder Shearin is such a film flam "marketing" guy. His own marketing firm looks about as credible as American Green.
Shady, sleazy scumbags with spotty history of underhanded dealings.
Shearin needs to be demoted back to janitor and should get back to the first thing he said he did when joining American Green, cleaning toilets at AG's office. Once he proves he can get the bowls nice an shiny, then maybe he can be trusted to manage the supply closet and work his way up from there. Then he can train Willy Harris to assume janitorial duties. But for the sake of Pete, keeps these jackasses away from a camera or PR
Here's an Analogy for THAT
Claiming ERBB isn't a fraud because the SEC hasn't shut them down yet is like saying the guy selling crack on the corner isn't dealing drugs because the police haven't arrested him yet.
That's a complete nonsense defense.
How Long Have People Said This....
ERBB to the Moon!
Meet TrackX management....
Millions coming online from new AG acquisition.....
ERBB support at .06
ERBB support at .03
ERBB support at .0125
ERBB support at .005
ERBB about as fraudulent as it gets
YOU'LL BE SORRY SOO ENOUGH
and I'm not the one who has bashed ERBB. Check my original post history. I was all about promoting ERBB until it became too obvious that this is a share selling scam
*********ANOTHER TRULY STUPID 420 REPORT*******
Like I said, just when you think it can't get any more obnoxious or stupid......here comes another moronic video from WeatherBoyWonder Will Harris.
The latest video is just truly dumb. Zero relevant information, just regurgitated, meaningless crap.
So I guess the LA convention breezed over with 2 exceptionally worthless videos. Those idiots Shearin and Harris actually shot some footage OUTSiDE Exhale Med Center where the only operating Zazzz machine resides BUT THE DIPSH.ITS DIDNT EVEN GO INTO EXHALE TO GET SOME FOOTAGE!?!?!!? Instead we get 2 disjointed videos with some random chicks breasts, a couple of ding dongs from the convention all loosely tied together with an outdated Dragnet theme.
What kills me is that AG spent $30,000 on "shareholder communications" in 2015 per the report. Seriously? What sort of communications cost that much? Shooting the doofus Shearin the Knowledge?
I've seen more intelligently produced content from a 5 year old with an iPhone than the crap Shearin and Harris put together. This is downright embarrassing!!!
In all honesty, I'd almost rather see AG bring back Shearin the Knowledge than suffer more of these bizarrely dumb 420 Reports. No wonder why Wil Harris couldn't cut it at NBC in the wee media market of Tucson, AZ. This guys presenting skills are about as convincing as a rabid Pomeranian. His inflection is just awful.
Please AG I urge you people to stop this. You have run this company and stock aground with absolutely moronic behavior. Every rational and sane supporter has turned on you. Others have given you great ideas regarding Zazzz and requested you stop the frivolous business activities. Yet you continue to act like complete morons and let the market tell you what doesn't work long after everyone already warned you.
Great Products Like OG Tea, OneBode orTrackX?????
What happened to all those:
"Meet TrackX Management"
"Millions of Dollars Coming in from TrackX"
Looks like the annual report doused those flare ups! Nothing like a financial report that indicates all those deals went south to stop the flood of messages.
Love the anonymous, bullsh!t GreenStick reviews tho especially the mom who can discretely medicate. Classy!
Not quite as exciting as Tim Duncan and Steve Nash's reviews of OneBode products. Gee with 2 all-star NBA MVPs endorsing OneBode I wonder why the company is such a failure for AG and Healthy Home???? Hmmmmm.....I hope Nash does a better job investing the millions he stole from the Lakers for the last 2 years of his career where he barely played due to injury.
http://www.onebode.com/testimonials
Steve Nash and Tim Duncan Love OneBode Too!!!!!!
That's hilarious seeing those "reviews". Completely anonymous, completely generic, completely BULLSH!t
Kind of like Steve Nash and Tim Duncan's "testimonials" for OneBode products. If OneBode has 2 superstar NBA MVPs endorsing the product why, oh why has the company been such a failure for American Green and Healthy Home!?!?!
http://www.onebode.com/testimonials
Too funny!
It's on the innerweb so it must be true right?
Thanks JML. Doubt I'll Be Using that Website
First of all is AG just "licensing" GreenSticks. I don't recall seeing anything in the report about GreenSticks.
Upon initial review, the GreenSticks website is junk as is the product. Just like with the stupid login with the Zazzz requiring the user to swipe their license (with NO biometric/ID software working), the extensive patient information page required to verify medical status on the GreenSticks site is enough to keep me from trying it out. The price point is also ridiculous. $200-400 for a first time trial use is awfully steep. I'll easily spend that on a visit to the dispensary but I know what I'm getting.
Weird? Really Wanted to Know About GreenSticks Purchase
I really, really, reeeeeeeally wonder where it was that someone in California was claiming to have supposedly purchased THC based sativa and indica GreenSticks?
I checked the Zazzz last week at Exhale and only saw the CBD/"sexual enhancer" and other GreenStick snake oils and American Green said in a PR that they weren't ready for the THC version yet.
Hmmmm.........
OlBuzzard Somethings About ERBB Can be Confirmed
Not everything is speculation. Of course, one must assume the annual report is even remotely accurate which means relying on American Green executives for information and we all know how sketchy that can be.
Here are some things we know for sure based off Page 3 of ERBB's annual report released Friday, Sept 25:
2015 Annual Report Link
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=144995
Visual Reference of Page 3
https://staticseekingalpha.a.ssl.fastly.net/uploads/2015/9/29/40890845-14435575503413537-Night-Falls_origin.jpg
American Green LOST $8,700,020 in 2015
The company spent or is otherwise fiscally liable for $3,268,929 of operation expenses and failed investments or "impaired investments" of $5,431,164 totaling $8,700,020 in losses after revenues. That's a cold hard fact, interpret how you like. To me, that reeks of failure and scamming when paired with AG's past performance on business objectives.
REVENUE (not "gross profit") was up 98% to $623,196 in 2015
This is also fact. Unfortunately, this is and has been easily misconstrued as if ERBB made a "profit" in 2015 which could not be much farther from the truth. ERBB LOST $8,700,020 as stated above and shown on page 3 of the report. Also as noted below, the costs to generate those revenues were enormous, far outweighing the gross profit and total revenues.
"Gross profit" would barely even cover AG's "rent and utilities" in 2015
Gross profit - $105,252
Rent and utilities - $102,986
ERBB "gross" profit DECREASED in 2015 by 30% from $150,598 in 2014 down to $105,252
Fact. Keep in mind this happened despite a 56% increase in operational expenses, a 518% increase in "sales and marketing" and a 217% increase in "cost of sales". Despite the 98% increase in revenues, the cost of those sales increased by 217%, cutting the margins by 30%. Even worse this was in spite of an absurd jump in "sales and marketing" costs by 500%+!!! It cost AG $755,040 in 2015 for "sales and marketing"!!!! Make of it what you will, but those numbers are horrendous by most accounts.
ERBB losses from operations in 2015 increased by 63%
Office and director compensation INCREASED by 35% in 2015 while ERBB pips dropped by 99%. Thats quite a bonus for such poor performance. A Fortune 500 CEO would be in some serious hot water with those kind of numbers.
AG spent $1,216,358 for consultants in 2015
Fact. What is not fact or known is what the heck these people did for the company. It is a FACT that they did not help bring value to ERBB in 2015 considering the stock languishes at a 52 week low and the report numbers are miserable, again by most accounts.
American Green spent $3,374,181 to generate $105,252 in "gross profit" for a net of NEGATIVE $3,268,929
Cold hard fact. There is a lot of speculation on how a company with zero cash or sustainable revenue can spend that much money. ANOTHER FACT INSIDE A FACT: for those who care to read further into the report, that financing is done by granting billions of shares to vendors, clients and AG insiders, "friendlies" as Shearin calls them. Now if may be "speculation" that those insiders are dumping and there is plenty of hard evidence like the totally lopsided daily buy/sell ratio, but the real question is how do you think Shearin pays for his groceries if he is paid in ERBB stock?
"Impairment of Acquisitions" cost American Green $5,431,164 in 2015
Thats a staggering amount of money to lose due to deals gone bad, most of which comes from the botched OneBode deal. Point fingers at whoever you want, AG or the other guys, but thats a whole lot of screwing up. And it doesn't appear to be over. As the report indicates, the OG Tea, OneBode and TrackX deals are still "pending resolution".
Supplemental Info Regarding ERBB Annual Report
http://seekingalpha.com/instablog/40890845-night_falls/4409106-erbb-page-3-annual-report-supplement
I've marked up page 3 of the report to give a more detailed look into ERBB's numbers. This should be a good resource for anyone who is not familiar with how these numbers are broken down.
ERBB Down 99%, Officer/Director Compensation Up 35%
Good thing the execs are getting paid while the stock plummets into irrelevancy.
I also love the $1,216,358 spent on "staff" and "outside consultants" so they could supposedly sell $623,196 worth of T-shirts.
And $755,040 worth of marketing?!?!?!?!?!
Thats a 518% increase from 2014 and exactly what did that buy???
Where Did You Get THC GreenSticks????????????
The only place in CA that sells GreenSticks is the Zazzz machine at Exhale in West Hollywood and when I visited last week the ONLY GreenSticks available were NON-THC. I also believe AG PR'ed that the THC variety wouldn't be available
Please let me know where you purchased the "sativa" and "indicate" GreenSticks so I can get some.
"pending resolution of the acquisition agreement"
HAHAHHAAA!!!!
Yeah, cause AG has such a great history of execution with their "acquisition agreements"!!!
This deal is dead as proved by the email to Gene, TrackX CEO which dismissed ERBB with prejudice.
Please do hold your breath on this one and don't take in air until the deal is inked and the "millions in revenue from TrackX" shows up in an AG earning report!
LMMFAO!!!!
EDIT:
HERE'S THE LINK TO THE POST -
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=116882863
ENJOY!
Yup...Please Do Forward to SEC
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=116882863
I'll be doing the same shortly. I did say I don't ever file but i feel compelled to.
ERBB is a share selling scam. Plan and simple. Everything I have discussed is being neatly compiled and will be submitted shortly. I don't expect much but who knows.
American Green is a blight on the booming MJ industry and needs to be weeded out to let the real markets flourish. The company could be rescued but they need to ditch Shearin fast and clean house with all the other idiots like Harris, Kaser, Steiner, Silva, Patrick and most of the other scumbags
UPCOMING "IMPAIRED INVESTMENTS"..........OG TEA, TRACKX
So American Green took a $4.5m hit for the "impaired" costs of OneBode (read the darn annual report if you don't know WTF I am referring to).
By all means, it looks like the same is about to occur with OG Tea and TrackX.
OG Tea was already given $100k in cold hard cash except no shares have been granted. Now why is that? My "guess" is Dustin, OG Tea's founder got over the initial honeymoon with Shearin and AG only to discover that AG is a bunch of shady operators. As ERBB's pps sank, Dustin realized this company is going nowhere so he started backing out. Wonder how much of an "impaired investment" this will become. Maybe I know a little too much......
Then comes TrackX.
Gene, TrackX CEO is in the same boat as Dustin. Gene did his DD on ERBB post ex facto (how's that for legal speak) and realized this is a dirty bunch.
NO MILLIONS COMING ONLINE FROM TRACKX 27 CUSTOMERS!!!!!
NO MEETING TRACKX'S EXCELLENT MANAGEMENT TEAM!!!!!
NOT SORRY ABOUT THAT!!!!!!!
Sooooo.......No TrackX Deal Per Annual Report!!!!
Is ERBB still getting the "millions" from TrackX even though the deal is sour?
Kind of like the $4.5m "impaired investment" of the OneBode deal?
Or the failure of OG Tea?
But but but...... Darn Those Pesky Facts
I wonder why every single day the buy to sell ratio is 1:5 on good days? Who has all these millions upon millions of ERBB shares to just endless dump all day even at 52 week lows? Gee....hmmmmm........must be the market makers! No way it could be ERBB "friendlies" who are literally the source of the 7.7b shares!
STEPHEN SHEARIN IS A NO GOOD BUM
Get rid of this LOSER!!!!
The Original Post Should Be STICKIED!!!!!!
There is essential, credible, and mathematically accurate ERBB information in the post I am replying to.
Please sticky
LMAO!!!! YOU "DROP" THE 1
Sorry Rat math don't work like that.
You don't just pick and choose which numbers to include in the equation.
ERBB numbers are horrendous and it's not fair to be grossly misrepresenting mathematical facts using bogus equations.
SORRY ABOUT THAT!!!!!
YOU DO REALIZE YOUR MATH IS COMPLETELY WRONG?!!?!?!!?!?!!?!?!?!!!?!??????
1.985 IS NOT 98.5%!!!!!!!!!!!!!
Here's a quick math lesson on the REAL numbers:
http://seekingalpha.com/instablog/40890845-night_falls/4403036-erbb-painting-by-numbers
$$$$$$ GROSS MISREPRESENTATION OF ERBB NUMBERS $$$$$$$$
For a real breakdown of ERBB's financial, read this:
http://seekingalpha.com/instablog/40890845-night_falls/4403036-erbb-painting-by-numbers
Do Some Freaking DD People!!!!
http://ih.advfn.com/p.php?pid=nmona&article=65753762
Geezus!!!!