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ERBB WASTED $5,431,164 on "IMPAIRMENT OF INVESTMENTS"
Thats a whopping 771% of ERBB's revenues that was pissed away on bad investments.
What were those investment costs that have so severely devalued?
Truly a scary number. Of course the spineless jackass in chief Stephen Shearin will never adequately address what exactly he "invested" in that lost the company $5.5m in value.
This is a disgrace.
My last post of the day. Putting together some interesting stuff here and on SA, more to come!
With any luck, we'll have Shearin stepping down by EOW
Tooodles!
YOUR MATH IS SO FAR FROM CORRECT!!!!!!!!!!
The way to figure is out is:
623196 - 313961 = 309235 / 313961 = 0.984 or 98%
1.985 IS NOT 98.5%
ITS 198.5%!!!!!!!!!!!!!!!!!!!!!
And you forgot this in your equation
The "cost of sales"!!!!!!!!!
517944 - 163363 = 354581 / 163363 = 2.17 or 217%!!!!!!
THAT MEANS ERBB's "COST OF SALES" INCREASE BY 217% to get that bs 98% increase!!!!!!!!!!!!!!!!!!!!!!
Oh yeah and you missed the whole rest of that page which included the OPERATING EXPENSES that lead to an $8,700,000 loss!!!!!!!!!!!!
YES, THAT MEANS THE INEPT MORONS AT AMERICAN GREEN SPENT NEARLY $9M IN ORDER TO MAKE A MEASLY $623,196!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
PEOPLE THIS IS PURE
MATHEMATICAL FACT!!!!!!!!!!!!!!!!!!
****GROSS MISLEADING LIE: ERBB LOST NEARLY $9 MILLION!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Claiming ERBB made a profit is like a restaurant owner claiming he is making a profit off the first sandwich he ever sold. So yeah, he got $15 from the customer but it took $3 to make the sandwich, $8/hour to pay the waitress, $14/hour for the cook, $1700/month for the lease, $50/month for utilities.......
That is such a gross, misleading and outright lie!!!!!!!!!!!!!
Shameful, just shamful
Prove AG is NOT a Fraud
Using irrefutable evidence and less quasi-legal verbiage.
PATHETIC EXCUSES AND FALSE REASONING!!!!!!!!
You are aware that cannabis has been illegal for nearly a century....
THEREFORE
NO SH.T THERE ARE "ANTI-MJ" GROUPS AS THERE HAS BEEN FOR A CENTURY!!!
Re: Quote "anti-MJ forces" taking down ERBB:
Please give SPECIFIC NAMES of SPECIFIC PEOPLE who have otherwise said differently in regarding to this very matter of whether the are presently in operation these "anti-MJ" forces working against and preventing ERBB from succeeding or making progress in the upcoming, newly legalizing cannabis and hemp medical and recreational marijuana marketplace.
Please provide SPECIFIC EXAMPLES of how these "ANTI-MJ" FORCES have adversely affected or otherwise had negative effects on ERBB or the OTC MJ markets as a whole or in part due to the prohibitive behavior of aforementioned groups interfering with said OTC MJ markets.
Please note that "Google it" and "it's on the Internet" in not sufficient support as I could say the same thing for aliens, a flat earth, chupacabra and a host of other myths
What a Steaming Pile of BS!!!!!!!
OneBode, OG Tea, Sean Loomer, Dustin Pebbles.....
I could go one.
Read the annual report. Notice how many shares and cash have been issued to OneBode for the "acquisition". If AG supposedly sold OneBode as outlined in that totally bullshit deal, then why is AG still currently issuing millions of shares to OneBode? Then notice how much cash AG has given to OneBode, basically that $10,000/month Healthy Home is supposedly paying AG comes from Seam Loomer, OneBode's founder. This is a nice merry-go-round of money being shifted between these companies and individuals.
As for OG Tea, AG gave Dustin Pebbles $100k in cash but hasn't given him the shares for OG Tea? Also of note, Dustin Pebbles is the owner of Green Universe. In total, Dustin has received $100k and Green Universe has received $70k. This deal has stalled because Pebbles wants out but the cash has already been spent. Dustin doesn't want the shares, just wants out but can't get out. That's where the "impaired investment costs" are listed on the report.
AG is lying and
the quasi-legal speak doesn't impress anyone.
AG Team Busy Acting Foolish While Dumping Shares
That old "news" Rat. And a pathetically amateurish videotaping of a lame conference isn't quite news, especially when it doesn't present anything newsworthy about the company, the convention or the industry.
The dipsh.ts at AG decided to put neatly 5 seconds of a random large breasted woman, with zero dialogue, just awkward glaring at her large mammalian protuberances. Now I'm the first guy to enjoy such clips but not in a corporate video and not in a creepy manner as to how that was shot. The clip of the woman could have provided an opportunity for a funny line, especially using the Dragnet theme:
"Every where I look there's a reminder of how BIG this market is"
"LA is a big city, with big personalities and a big appetite for cannabis"
That stupid video has 190 views! Out of 50,000 shareholders only .5% (yes half of 1%!) have even watched the darn thing?!!
What a joke!
No business being created here, only a hype machine designed to generate a demand for ERBB shares so "friendlies" can cash out
A Thorough Reaction to ERBB's Horrendous Annual Report
http://seekingalpha.com/user/40890845/instablog
So much more to be said but here's the gist of the negativity of AG's horrendous annual report.
A SHINING EXAMPLE OF PURE 100% ERBBULLSHIT
http://ih.advfn.com/p.php?pid=nmona&article=68439070
This is one of ERBB's latest bs PRs released recently.
The title is:
"American Green Enter the Arizona Medical Marijuana Market"
Take a big whiff. Can you smell it? Ugh, it absolutely reeks!
If you're having trouble identifying the bs, here's a good place to start sniffing:
http://ih.advfn.com/p.php?pid=news&btn=&ctl00%24sb3%24tbq1=Get+Quote&as_values_IH=&ctl00%24sb3%24stb1=Search+iHub&symbol=USOTC%3AERBB&fulltext=&from_month=9&from_day=27&from_year=2015&order=desc&srcoptions%5B%5D=reg_news&srcoptions%5B%5D=nonreg_news&old_symbol=NO%5EERBB&old_fulltext=&old_sources=A&force=1&last_ts=1443398399&p_n=6&p_count=0&p_ts=1319544960
Since 2011 past ERBB PRs are filled with entires that claim AG is entering the Arizona medical marijuana market. "Targeting dispensaries" for acquisition or management, "acquiring" products and intellectual properties from Arizona marijuana entities......
So why is it that 5 years later, some jerkoff, namely Stephen Shearin, thinks they can release a PR claiming they are "entering" the AZ MMJ market when they've already wasted half a decade trying to "enter" the AZ MMJ market?
I'm calling BULLS!T
More Excuses, More ERBBullshit, Zero Credible Counter Arguements
Knuckles Sore from All the ERBB Battling
Yup this is the pink sheets, but a fraud is a fraud and American Green/ERBB is a fraud. Safe harbor, forward-looking statements are one thing but the monies being shifted between sketchy parties will be the downfall of ERBB.
Shearin is spineless coward. Someone should rap his knuckles for being such an idiot. He's definitely up to something fishy if you get my drift.
What a hoot!
YEAH, SO SORRY BUT THATS TOTAL BULLSH!T
According to American Green's own lies from the latest bogus annual report and part of the disclosure on all their deceitful PRs, THEY ARE NOT A STARTUP COMPANY IN ANY WAY!!!!
"American Green was one of the first publicly-traded companies to address the legal medical marijuana business in 2009"
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=144994
2009 dude! In case you forgot it's 2015 now. That's 6 years of ERBB being a "startup" in the exploding MJ Industy. During that time, 4 states have allowed full adult use of cannabis and about 15 of the 24 medical states allowed medical use. Colorado voted for adult use in 2012 and implemented the new laws by 2014, as have Washington, Oregon and Alaska. Freaking state governments "address" major social and political change quicker and more effectively than AG can't get their business off the ground, barely!
Startup, pfft! FRAUD!
Let's not even get into all the other MJ businesses that have blossomed during that time:
Harborside Health Center, a high profile dispensary in NorCal pulls in about $30m annually. Large, multi-state and soon to be national brands have been established like Dixie, Bhang, Chubby Hubby and Cheeba Chews.
The REAL cannabis industry is flourishing.
The FRAUDULENT OTC MJ scam stocks like ERBB are NOT flourishing.
ERBB Giving Investors White KNUCKLES
Better hold those ERBB shares tight if you want to see a magic trick because they will go poof and disappear before you know it!
You'll be saying WOW JUST WOW when the reverse split cuts those shares in half! Or when the SEC makes them disappear entirely!
BTW, read the report, it was a BAD YEAR
NOT
"another not so good quarter"
See if you actually read the ERBB financials you'd notice AG only has $625k in annual income INSTEAD OF THE $1M YOU HAVE BEEN WRONGLY BOAST.
Don't get those knuckles bloody holding your ERBB too tightly
SHEARING SHOULD STEP DOWN, THIS IS A DISGRACE
That jackass has made a complete mockery of the cannabis markets.
ERBB is a piece of garbage. He has wasted millions of company capital along with any goodwill or legitimacy American Green may have once had.
Give that scumbag his walking papers!
YES RAT!!! PRO-MJ WINNING BUT ERBB LOSING???
How can that be?
Well its because ERBB and most OTC MJ stocks are trend/momentum scams!!!
DUH!!! Thats why the MJ index moves as one
24 medical states
4 recreational!!!!!!!
Thats more the 50% of this great nation allowing some form of cannabis use!!!!!!
NO TURNING BACK.
TOO BAD ERBB IS JUST A SHARE SELLING SCAM AND WON'T MAKE A DIME OF THIS AMAZING DYNAMIC INDUSTRY
ALIENS ARE REAL!!!!!! ITS ON GOOGLE!!!!!
"Google it."
That's pathetic, embarrassing and laughable "evidence" supporting this absurd idea that "anti-MJ" groups are "attacking" ERBB!!!!
AND IT DOESNT EVEN PROVE THAT THESE ANTI-MJ GROUPS ARE ATTACKING ERBB OR THE OTC MJ MARKET. THOSE STUPID LINKS ONLY TALK ANOUT LAW ENFORECEMENT, PRISONS AND OTHER GROUPS FIGHTING TO KEEP PROHIBTION. IT SAYS NOTHING ABOUT THESE GROUPS SUPRESSING OTC MJ STOCKS
News flash: MJ has been illegal since 1939 and still today is illegal in many states so clearly there has been and currently are organizations working to keep MJ prohibition alive.
Unfortunately, ERBB's involvement in the MJ industry is only a share selling scam so these anti-MJ groups really don't care about a small turd like AG.
But the SEC does....
****UTTER NONSENSE: WHO SAID ERRB ONLY STOCK DOWN?????
Thats a complete LIE. Nobody claimed ERBB is the only stock down, nor is it the only OTC MJ fraud!
Shining Example of American Green (ERBB) Stupidity!!!!!!!
So here is how stupid, how sloppy, how incompetent this company is:
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=144994
Whoever prepped that informational statement is a complete, unadulterated fool!!!!
On the informational statement (linked above) pages 7-10 are basically copied and pasted verbatim 12-16
Pages 7-10 are embarrassingly weak and general paragraphs about Zazzz and the other crap AG lies about doing.
Then pages 12-16 are pretty much just a cute and paste of the exact same info.
I just can't tell if it is an complete idiot yammering on about the same sh.t like a student repeating the same crap in a term paper or if its just a really sloppy bit of forgetfulness to leave in the identical paragraphs.
Either way, not one of the idiots at AG were able to catch the glaring mistake and edit it?????
What a bunch of incompetent jagoffs!!!!!
No Thanks. Not My Game.
That would accomplish exactly nothing. I have plenty exposure to legal matters being from a family of partners at multinational corporate and public interest law firms. I know how futile a suit against AG would be. No proper counsel would entertain such a suit against such a worthless company like ERBB.
ERBB has already been found a fraud in the court of public (rational) opinion and on the free markets.
I don't use knuckles or fishy games to solve or create problems.
Collecting Examples of ERBB Deceit, Lies and Fraud
AG has gone beyond the boundaries of the Safe Harbor Act and made firm, material statements that constitute violations of securities laws. The most egregious of which to date is the numerous PR's claiming OG Tea is a "wholly-owned subsidiary" when AG officers knew damn well the deal wasn't complete. Its one thing to have a deal fall apart in the 11th hour but its a whole different beast if you act as if the deal is sealed, making statements about how much revenue the new acquisition/"wholly-owned subsidiary" is generating for the company when this simply is not true. "Wholly-owned" is a material statement! It does not refer to being "partially owned" or "ownership status pending" or especially $100,000 in cash received, waiting on $1.5m in ERBB junk stock.....
And thats why Dustin probably backed out. Dustin is probably a legit guy who cooked up a nice grow medium and was looking to expand his brand so he hooked up with AG. After the initial honey moon, my guess is he started seeing the "truth" behind AG and was none too pleased. Therefore, he took the cash and as ERBB pps started sh.tting the bed, Dustin realized he was in bed with Shearin the Bed Sh.tter so he wanted out. Maybe Dustin spent a bunch of that cash on a new ride and can't quite just return the cash to AG and walk away from the deal......maybe I know too much!
The bogus PRs provide plenty of evidence of fraud by AG but if you really want to see where the bodies are buried, follow the money trail. Should any legal issues arise the first thing one would do is hire a PI with forensic accounting skills (nunchuck skills always good to have too).
AG doesn't have the capital for a legal battle like this nor do they have the transparency because a lawsuit could bring to light some serious dirty dealings at ERBB. And exactly what sort of damages will they seek. There has already been the precedence of an MJ stock suing a blogger for sternly alleging fraud and that didn't work out so well for the weed company. Besides, what sort of damages would ERBB expect? No way they can claim "financial" damages from me calling them a fraud. Supposedly, the MJ markets are down as a whole so surely it doesn't matter what I say. And then theres the whole 1st Amendment issue of free speech thats really tough to get around...
Finally there is the inevitable countersuit for personal damages, libel, lost wages.......so lets stop this lawsuit speculation and get back to collecting the garbage that is piled up in that annual report.
Me Too but It Won't Help ERBB
Congress could come out tomorrow making it mandatory for everyone over 18 to buy, possess and consume MJ but it won't matter a lick to ERBB.
In fact, even if banks were suddenly allowed to invest in MJ, they would touch ERBB after reading the annual report. This company is a disgrace and has proved they can't make a f.cking dime from the stuff they are lying about accomplishing
WOW JUST WOW! Seriously?!?!
Could you make is any more obvious!? It's just soooo obvious this scam and ERBB
Like Catching a Fish with Knuckles
Punching holes in the water to catch a fish is what it's like being a ERBB investor, just as frustrating as it gets.
This company is such an obvious scam. There is just noooo waaaaay to stick up for these complete losers
I Like "Impairment of Investment" - Super Scam Terminology
Notice under the notes for OG Tea and Green Universe AG says there was an "impairment of investment." Boy if that isn't scammy doublespeak for the deal didn't happen the way we previously lied to you about it.
Another brilliant AG scam job sneaking the earnings report out late on Friday as if everyone will be so busy over the weekend they will forget this company is a complete scam by market open on Monday.
I did a cursory look at the report. I'll pour through it today and have a more formal response.
This is a disgrace. The report is garbage, Shearin is trash, ERBB is rotted refuse and I'm the garbage man coming to collect
Wow Just Wow! Scams are Not Free Market
And American Green is a scam using the MJ market to gemerate demand for ERBB shares.
It's the same scam people have pulled since humans were knuckle draggers, long before fancy things like computers or IP numbers.
ERBB is a traditional OTC scam.
Quit playing
Buying Cannabis at a Retail Store is VICTORY
And it has nothing to do with ERBB.
What part of the country are you from? Have you been to a dispensary in CA or CO or WA? CA may only be medical but I know plenty of out of state people who have managed to get a license and get into shops but that's beside the point.
Point being that when I was a kid this was your brain on drugs.......fried egg.
Today, the medical community and the majority of society is embracing cannabis, not as a illicit drug but as a safe inebriant and potentially significant medication.
I would never deny there are anti-MJ lobbies and organizations. That's as obvious as it is that ERBB is a scam. The worst one I know of is probably the DEA. I've been in a CA dispensary when it was raided. I chatted up the local cops who excerpted me out without charging me and they were just there to keep the peace. The alphabet boys (DEA, FBI), those guys tried to act all hard an spooky but you could see they were fighting a losers battle. They had no support from local West Hollywood police and the patients stood outside shouting at the alphabet crew as they hauled out product, computers, and cash. A bunch of stick-up thugs stealing from a hard working business. In the end only 2 people were charged with bogus federal charges which they beat.
That's just the street level rips from anti-MJ forces. It goes deeper into major private prison industries who have revenues tied to stupid drug offenses. Anti-drug task forces on the local level will be dismantled, reducing local police budgets.....there's a vast network of long established groups who profit off the absurd prohibition of cannabis.
Then there's the liquor industry who will have a new inebriant to compete against. Alcohol is the destruction of society whereas cannabis is the healing. Even Big Pharma has reasons to fear legalization although it seems they are more inclined to snatch up brands and grow ops because of the profit.
I could go on for days here explaining all the forces pushing and pulling for and against MJ.
But none of it has to do with ERBB. AG has very little time left before a reverse split is unavoidably necessary. They don't make enough revenue to sustain growth. I know people are trying to say they make almost $1m annually in revenues on $5m losses but let's also consider who is reporting those numbers. AG's earning reports are complete jokes. They can't even get the fundamental company info right, do you seriously think the numbers are accurate?
Beyond that, AG has nothing to do with the MJ industry. GreenSticks are CBD garbage. So are ZazzelBerry liquids. The Zazzz machines don't get used and can't even be accounted for. The grow hardware is a bunch of nonsense. Who even uses it? AG couldn't fill an order for 100 Jurassic units so how are they going to scale anywhere else? There just no capital to pay for a large order unless the customer is willing to pay up front and wait for inventory to be created, YEAH RIGHT!
The reason the whole market jumped is because some deep pocketed trading groups expertly seized upon a signicant cultural milestone when the first adult sales of cannabis were made in Jan 2014. Just like the iPhone lines, the world was treated to the massive demand for legal MJ, something that has been suppressed for decades. No doubt this is an amazing time and lots of people are going to mint fortunes.
Just not ERBB shareholders. ERBB execs are making out like bandits as are ERBB "friendlies". But this pig, and this market is cooked. The frauds have been exposed for what they are, momentum scams cashing in on a great movement.
Last post of the day. Despite claims of posting here a lot, this is the first time in months I have used my post limit. This is merely target practice, just keeping the skills sharp. Have a nice weekend people. Gonna be an interesting week with the inevitable delay of the annual report due next week.
Anti-MJ Pressures Leaders of MJ Industy, Not Losers
ERBB is so far from anyone's radar, be it big pharma, anti-MJ lobbies or law enforcement. These OTC MJ plays are bastard offshoots of an exciting and dynamic new industry.
You cut the head off to kill the body. "Attacking" ERBB first would be like clipping the toenails to kill the body.
The "head" as in leaders of this movement are people like Steve and Andrew DAngelo or Tripp Keber. If the big pharma and anti-MJ groups went after anyone it would be high profile income earners like them.
But big pharma is probably going to make them into gazillionaires and the anti-MJ movement know they've lost by now with so many legal states, medical or recreational. Like I said from where I see it in LA, CA....we've already won. I legally buy the best cannabis in the world at a retail store.
ERBB is jus a dingleberry hanging on to the rear of this cash cow of an MJ industry
***********BIG PHARMA KNOWS ERBB IS A FRAUD TOO*******
ERBB's relabeled junk GreenSticks are not real medicine. There is nothing that AG has to offer that Big Pharma could use.
Except for FRAUD, AG doesn't have a real product.
THIS COMPANY IS A FRAUD. This is NOT IMO.
I WOULD HAPPILY SAY THE SAME THING IN A DEPOSITION WITH AG LAWYERS!
************VERY WORRIED.....ERBB COULD RUIN IT FOR EVERYONE********
Google "fraud stocks", "penny stock scams". ERBB is a textbook scam stock
Read ERBB's lies via every single PR from the last 24 months.
This company is an exposed fraud. This in not IMO, it is pure fact. I will stand in front of an AG lawyer, under oath and call this company a fraud.
Please don't be fooled here or allow yourself to fall for the "pro-ERBB" movement that is singularly focused on keeping a market to sell fraudulent ERBB shares
****BEWARE - ERBB ATTACKING PROGRESS OF CREDIBLE CANNABIS MARKET*******
American Green is a fraud and it is attacking the credible nature being established for the cannabis markets.
The company is using the explosive growth of this fantastic new industry to sell ERBB shares.
Please beware
MJ MOVEMENT CAN'T STOP ERRB......BUT SEC CAN!!!!!
Thats right! The MJ movement is massive. So enormous that scams like ERBB will trying to pick off scraps by fraudulently implying involvement in the MJ industry.
The movement will not stop no matter how badly frauds like ERBB try to stink up the joint.
BUT
THE SEC COULD AND VERY EASILY MIGHT STOP ERBB!!!!!
Keep up the good work making people aware of scams like ERBB. They don't just hurt the MJ markets but their fraudulent behavior hurts "investors"and good people all over the world.
Yes ERBB Part of the New Anti-MJ Movement
American Green is a DISTRACTION and fraud perpetrated on those seeking involvement in the amazing, burgeoning new cannabis industry.
American Green is using the overwhelming changes in MJ legality as a hype machine to sell their ERBB stock. They are worse than any other lobby because as the industry tries to gain a foothold and improve the misconceptions from past propaganda, companies like AG are perpetuating old stereotypes and developing new frauds in this ever lightening market.
Please help spread the word about how ERBB is part of the "new anti-MJ movement"!!!!!!
But but but "SOURCE DOCUMENTS". ROTFLMAO
I cannot stand internet acronyms but I am literally in tears reading that.
An American Green PR is a "source document" to back up a claim made by the Idiot in Chief Shearin!?!?!?!?
The only thing AG PRs are credible "source documents" for is the overwhelming failure of the company and the great likelihood of it being a total share selling scam.
"Source documents", LMFAO!!!!
How about the PRs where Shearin claims:
1500 machines are likely after a "partnership" with FWD6
The Proxima RF "acquisition"
The OG Tea "wholly-owned subsidiary"
Something Chocolate supposedly in Zazzz
The "guaranteed" monthly ERBB shareholder letter
I seriously laughed loud enough that a coworker just asked what was so funny!
Which AG Video Series is More Idiotic?
420 Report
or
Shearin the Knowledge
For me, its a toss up. Both are equally as irrelevant as ERBB shareholders. Nobody needs to get their MJ market info from these idiots. What we do need is actual company information; Progress reports, client interviews, product showcases, customer reviews.....anything other than what these wannabe media moguls are vomiting forth.
That 2nd Cannabis World Congress video is just embarrassing; the Dragnet motif, the tight shot of the huge breasted woman on her cell phone, the sparse people milling about that horsesh.t display booth......truly and spectacularly stupid.
Just when you think AG can get any worse. I look forward to the next 420 Report!
Good Thing AG Created a Media Division
For those 500 YouTube followers who are so desperate for unrelated MJ industry news, a whopping 1% or their lied about 50,000 shareholders.
I love how the 50,000 shareholder "source dovument" is an AG PR, as if a single one of those has ever had credible or more so, successful information.
More Bogeymen Tales. Here's a Rational Perspective
Here's how the price holds up and gives debenture holder a premium on profits without irrationally blaming random third parties:
ERBB debenture holders are granted shares at 50% off the current price which means they have an immediate profit of 100%.
If those ERBB shares go up by 50% that actually make the profit jump by 100% as the gains are exponential.
Let's just say ERBB was trading at .01 and you got a bunch of shares at .005
If ERBB went up to .015, a 50% gain in the pps, you're looking at a 200% profit.
So a few weeks back, when ERBB debentures were granted at .0019 and the stock shot up to .0042, those freshly granted ERBB shares saw 100% plus a 20-50% premium when the stocks jumps by small margin.
Of course here's where the crazy MM conspiracies come into play but let's think for a second:
What is the risk/reward for the MM to "manipulate" the pps and more important qui bono (as in who benefits)? The biggest beneficiary is really the debenture holders and the big risk takers would be the MMs. That's what makes this theory so absurd. It supposes that these MMs are willing to do the bidding of these denebtures shareholders for what....a guarantee that the debenture holders will always route the trades through the MMs clearing house? That's at least somewhat legal. The other options are mostly under the table kickbacks which leave long paper trails. Obviously, plenty of shady stuff goes on all over the OTC markets all the way up to the boarder markets but it has to be worth the risk and it's pretty ludicrous for MMs to be colluding with debenture holders in a deal that so lopsidedly benefits the debenture holders.
So what's the alternative to believing MM bogeyman tales?
Well it's the oldest trick in the book and it's even explained by Jim Cramer on a YouTube clip.
Debenture shareholders manipulate the share price according to the math above! These holders get xxx ERBB shares granted to them and instead of haggling or making shady arrangements with MMs, these holders simply buy shares on the open market in enough quantity to move the share price upward, giving themselves a fat premium on the shares while only risking a little bit of spare change. With a crap stock like ERBB that barely trades $5000 in total daily volume, it only takes a few thousand, or even hundreds of $$$ to move the stock up. The debenture holders run the pps up with little buys, then BOOM! They dump a high volume chunk on the market. They spend $2500 but make an extra $10000 on the dump. Rinse, lather and repeat your way to riches.
It's pretty simple. I've seen it done at brokerages with larger, big board stocks.
8/25 "News" GreenSticks "Launch" Ain't What it Seems
The GreenSticks "launch" is a joke. Basically it amounts to a few GreenSticks test products into the Zazzz machine at Exhale. This isn't like AG and Exhale are going to see an Apple like frenzy. Nobody gives a hoot about GreenSticks. Nobody ever will. The budtender Lexi said nobody uses the machine, therefore nobody cares about GreenSticks. And I sure as hell won't be buying a $70 garbage CBD vaporizer. Sexual enhancement? Are you kidding me? How much is a Viagra prescription? I know you can buy pills on the street for $10-20 per, but this GreenSticks CBD is just nonsense.
AG can Green"Stick" those things up their.....
50,000 Shareholders, "Great" Products and Only 4 Reviews!
Well, I'll add a few more for good measure.
Shirts:
I have the green "American Green" and the "Seed to Shining Seed" shirts. I really like them. Soft, comfy. A little snug because they make me look like I'm on roids or like I'm trying to wear a size too small just to appear jacked up. I have received several compliments on the shirt especially when I wore the Seed to Shing Seed short to a Dodgers game on the 4th of July.
Revolution Cap:
Pretty cool, definitely in style for them time but gives me wicked Frankenstein-like hat hair.
Coasters:
Nice. Marble. Flat. But a constant reminder of this loser company. A friend suggested the perfect use for them, TARGET PRACTICE! We're gonna drop them about 100 yards deep and pepper them with his M4/AR-15s. My guess is it will be OSOK but it will be cathartic nonetheless.
Zazzz Vapor Pens:
Basic, generic and just another crap piece with an AG/Zazzz logo slapped on it. No though, no care went into finding a quality piece or manufacturer. The pens lasted about 10 months before the battery became too weak to hold a charge. Certainly not a product I would buy again or buy replacement parts to keep using over time.
Finally the Zazzz:
Mach II looks great. The graphics are not up to snuff considering none of the product pics were 3D rotating displays. Obviously AG doesn't even come close to possessing the ability to do a full scale 3D render of the products so the flatscreen display is just plain stupid. The flatscreen is totally is an overcompensation and AG can't even fully exploit the software's potential. Another truly stupid design flaw is the inability to make change. This is truly mind boggling why the Zazzz cannot make change. Why on earth would the idiotsat AG who developed Zazzz not stress this as the number one concern? Of all the operations the POS Zazzz could perform, making change for a purchase is absolutely paramount. I cannot reiterate my utter disbelief that this is an issue. Zazzz vending machines are complicated, underdeveloped, misunderstood devices.
Every AG product I have come across, except maybe for the apparel, shows that AG management is completely clueless. They either do not know the MJ market or they do not know the limits of their horribly managed company. Zazzz is a disgrace. Shearin has no clue what he is plunking down into dispensaries not does he understand how to appeal to the potential Zazzz customer. OG Tea, Truth Lighting, GreenSticks, Jurassic Water....these are all products that AG doesn't have the resources (financially, mentally or otherwise) to scale these products.
Even the Zippo is a completely idiotic offering. Seriously people, what kind of idiot uses a Zippo to combust cannabis smoking devices. You can't light a pipe with a Zippo since the lighter doesn't work well at an angle and the noxious release of Zippo fluid will get you higher than the MJ. Same goes for trying to light a water pipe. It's not like Zippos can light nails or other vamping hardware. Basically you can only light a joint with a Zippo but again, the gas is a factor.
AG management is totally detachments from their target markets but that's okay because all this scam does is sell shares anyway. Sadly, even there those idiots fail because nobody wants to buy scammy ERBB shares! Sells outnumber buys and have so for months as Shearin, his "friendlies" and other ERBB debenture holders dump shares all over the marketplace.
Do You Hear Crickets Too Cause Nobody Cares?
This company is dead.
For a brief moment in the early months of 2014, ERBB had a major chance for glory.
The COO was on CNBC, the Zazzz concept was gearing up and the sky quite literally was the limit.
Then reality settled in. Soon after the numerous failed acquisitions, failed partnerships and failed PRs it became apparent that Shearin was a complete jackass. The 0% success rate for AG is the reason this tipped from a bad company to a complete fraud. It's funny, but it really isn't.
Crickets.........nobody cares any more. This company is an unmitigated POS and the stock is a complete turd floating down the sewer. The pops barely yield 10% and the volume just isn't there to make it worthwhile.