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They are selling the American Green Brand at this time. They have said this before. That is not new news.
I've searched every where in the PR. I do not see the comment on the "zip lock" baggies?
I do see where they state
"American Green-branded Premium pre-rolled cannabis "joints"
I must've received a different email than you. This is what mine says;
"American Green-branded Premium pre-rolled cannabis "joints" are for sale at a growing number of dispensaries in Oregon and will soon be for sale by licensed dispensaries in Arizona. According to Oregon laws, anyone over the age of 21 may purchase those American Green premium products at:
Antheia
2455 Rogue River Hwy, Grants Pass, 97527
Green Gratitude
10322 SE Holgate, Portland, OR, 97226
Natural Rxemedies
8700 SW 26th ave., Portland, OR."
They are promoting "prior associations" they had. AG's website has product descriptions of their past business associates and AG isn't generating income from those products. If anything, for the time being, those products being listed on AG's site are receiving free advertising.
Like I said, if you feel it's a viable sec complaint issue, go ahead and file.
It also shows below the product description, that there are no available products.
"falsely associating". Something to file a sec complaint about, I guess?
It's your call.
Well, they don't sell the "pick and shovel" products any longer if that is what you're implying? That's what I was posting about, the fact they are no longer in that aspect of the business.
I do see they're still selling green sticks and apparel on their website.
It's managing and branding now.
Stunned? Nope, I would've been stunned if he had said that ERBB was staying the course as a "pick and shovel" company.
The grow light and nutrients business is flooded in this sector. In my opinion, it was wise of AG to start concentrating on the branding and managing aspect of the business.
Not stunned at all. Just good to see they understand a piece of the business model was failing, and they do something to try and change it for the possible betterment of the company.
.
Just in case anyone wants to listen to what Miller actual says, here is the link.
https://www.freeconferencecall.com/wall/recorded_audio?audioRecordingUrl=https%3A%2F%2Frs0000.freeconferencecall.com%2Fstorage%2FsgetFCC2%2FM3I7%2FR32e&subscriptionId=5024544
So, no r/s info is contained in those documents as had been speculated on, numerous times, here?
Hasn't anyone requested the 22 page filing documents from the State of Nevada yet?
I thought the 22 page document was suppose to be the noose around ERBB's neck, and no one has requested this file?
Do you have a link to Stephan's comment? I'm unable to locate. Thanks
I didn't notice that he just posted another statement?
Do you mean a private conversation you had with Seth?
I wouldn't know about your private conversation. I can only go by what Seth has provided for all to see.
I'm there with ya. I can not wait. GLTU
Yep. Good luck to you.
Interesting considering he just said this on FB.
"Truth Lighting
50 mins ·
If you're not here to support us and you have no interest in seeing the product move forward in all of its greatness then please just leave myself my family my customers an anyone that supports us alone, we only wish to move forward as a small business from a small town. I believe it is unacceptable and unreasonable for strangers no factual information would go out of their way and demand someone as myself has any explaining to do to them. I never took money from anybody we only allowed American green to fund our inventory and keep all profits on sales so our brand could get out there and our families would have stability unfortunately everything did not go as planned and agreements were never settled that's the corporate world other than that we have no further comments."
Apparently, Seth is now just talking to anybody again? Odd?
I'm curious why this statement is not being understood? It makes perfect sense to me.
"They asked if they could purchase and buy Truth Lighting out right for a hefty sum. Being the men we are Aaron and my self are from a small town in MA and we never expected to become rich or live lavish lifestyles so we declined and asked if they could pay us each a salary that would comfortably pay our bills giving us stability"
He is not saying that they were "not" being acquired, he is stating they "declined" to be bought "out right". Meaning, Seth, and his partner with Truth, would be acquired if they can still be a part of the company.
That is why the SEC complaints about ERBB's pr's stating lies, is not accurate.
It appears that people are now hounding Seth, who have no factual information. I wonder who he might be talking about?
"If you're not here to support us and you have no interest in seeing the product move forward in all of its greatness then please just leave myself my family my customers an anyone that supports us alone, we only wish to move forward as a small business from a small town. I believe it is unacceptable and unreasonable for strangers no factual information would go out of their way and demand someone as myself has any explaining to do to them. I never took money from anybody we only allowed American green to fund our inventory and keep all profits on sales so our brand could get out there and our families would have stability unfortunately everything did not go as planned and agreements were never settled that's the corporate world other than that we have no further comments."
https://www.facebook.com/TruthLighting
I'm sure you'll keep us updated. IMO, nothing will come from it but, you never know.
In other words, you are unable to prove AG's pr in regards to acquiring Truth is a lie. Isn't that the majority of the SEC complaint talk on here. ERBB lied in their pr's? If they lied than Truth lied but, Seth just cleared that up.
That means Truth lied. My proof.
http://www.truthlighting.com/contact
Why would Truth put that on their website, if it were not true at that time?
ERBB didn't lie. This was just confirmed by Seth.
"At a later date we were to finalize all contracts and agreements with them paying to turn our inception of Truth Lighting into a entity and trademark our brand putting us into a binding relationship where Aaron and Myself would never be able to lose our positions and will maintain our salary and a 4% royalty on all products sold."
"Well that later date never came, we lived up to our end. We were never put on a payroll we never received any stock or shares as promised. AG never made us into a Entity and never trademarked I had to do all of it on my own pocket. After I was told they were terminating our contracts and moving forward with our products."
"This was all due to a huge misunderstanding which at this time has been worked out between the new CEO of AG and myself. Any existing customers with warranty issues may contact Truth Lighting directly @ 508 667 7686 ask for Seth Whitney."
"American Green will still be a relationship we entertain with preferred pricing on all of their facilities. We will take over all existing customers and stores. We apologize for any inconvenience this may have caused anyone. We appreciate everyone's patience while we relaunch our company into the new year."
It appears that Truth and ERBB are still doing business and AG's intent in regards to buying Truth has been confirmed. Thanks Seth for clearing that up.
Also, if you read this unconfirmed persons post, it appears that AG was buying Truth, not a proprietary lighting system.
I will keep my SEC complaint active. Here's why;
"This was all due to a huge misunderstanding which at this time has been worked out between the new CEO of AG and myself. Any existing customers with warranty issues may contact Truth Lighting directly @ 508 667 7686 ask for Seth Whitney. "
So,apparently, they are still with ERBB.
Yes. Ag invested in these companies that were initially valued at a higher estimate and now, those investment are valued at a lower estimate. That is why AG uses the term IMPAIRMENT OF INVESTMENTS in their financials to explain this. Believe it or not, many companies use the same term to explain losses, it doesn't necessarily mean that their investment isn't still theirs. It just means it's not worth as much as they first reported.
It is explained in the financials. It's important that you are able to understand what you are reading.
Thank you. I'm glad to see someone understands what an "Impairment of Investment" is.
I have done much DD and have invested in other company's that specialize in those 2 areas. NOT just AG.
The Hurricane MRI is not a bad product is what I was referring to when I replied to you. I couldn't careless if AG still holds that distribution agreement with Hurricane.
You really should look into it and I'm not talking about it in-regards to AG either.
There will be some big money to be had in helium and MRI's in a few years. I'm already in on both sides.
Yes, that is the website. The video is under the tab "About US" and the sub-tab "Cirrus MRI".
If that is what you are questioning.
Have you done any dd on MRI machines?
The MRI's being used in hospitals today are cooled by helium.
This link should get you on the right DD track.
http://www.washingtonpost.com/wp-dyn/content/article/2010/10/11/AR2010101104496.html
The Hurricane MRI is not cooled by helium. The video on their website explains this.
Hey RF, I found this video on the website for the 420 report video. You should check this video out. It was published on Nov 30 2015. A Truth Light video
Here's the link, good video.
The problem with all the negative talk against AG on this board is the Proof you provide to back up your comments.
There is plenty of personal opinion and questionable "personal" conversations, supposedly, with AG partners but, no Proof.
Show me Proof and you will win me over.
Why would all those people adamantly admit to being part of a scam,
that they obviously took part in part, and to shareholders in private FB conversations?
Odd?
I also find this a strange comment by a Truth executive to a shareholder in a private FB conversation;
"They acquired me so they could profit off my lights and came in breach of contract "
He just stated he was never with AG and now, he states AG only acquired his company to profit from his lights?
Can anyone see the irony in that comment.
Isn't that what a business is supposed to do with a company they acquire, sell products for a profit?
That Truth executive doesn't sound very business savoy if you ask me. Was AG supposed to acquire Truth and sell the products for NO profit.
Very Odd.
Truth states on their website that they are a division of AG.
It appears Truth are the ones who need to explain things, if they are now Claiming they were never with AG, to a share holder never less.
http://www.truthlighting.com/contact
No.
I'm interested in the fact that a Truth Lighting executive would converse with a shareholder (in a private FB chat) that they were Never with AG but, do not make a public comment about this? Just very Odd.
Interesting.
I was just going through Truth's FB and noticed this.
Truth Lighting added 5 new photos.
October 16 · 4:24
Truth Lighting presents it's new Sun Samurai LED all TCOB Technology a True 1000w Replacement this is a 1000w LED yes ladies and gentlemen it's an actual draw of 1000w just like a 1k HID system watts for watts this bad boy should be the king of Lighting. No energy savings here just raw power for those who don't believe in saving energy but just giving the plants light intensity. We have created the monster of all LED.
This Truth FB post is from October 16th of this year. Go on their FB page and look at the picture of the lighting system. You'll see AG's logo on the light system. I'm unable to post the pic's on here.
So, if the partnership went sour, it was just recently and the Truth executives have some explaining to do, if they made those supposed comments to a share holder, on their FB page.
That doesn't seem very professional on Truths part.
I have contacted Truth as well. If I'm allowed to post what is said to me, by them, I will, I've tried before and my posts seem to never make it.
Also, they need to explain this,
http://www.truthlighting.com/
And this,
http://www.truthlighting.com/contact
The pr and financial statement seem fairly consistent to me.
From financials;
"Truth Lighting
The Company has acquired the proprietary rights to an LED light array for cannabis
cultivation. The acquisition also gives American green a needed presence in the
Northeast (Massachusetts). The company expects to expand this brand under the American Green banner."
From pr;
""This is an important move for American Green. In one motion we have taken control of a system that reduces carbon footprint, improves grow technology, and can easily do one million dollars in top line revenues in its first year," says Michael Silvia, head of the Jurassic Cultivation division for American Green."
I guess you can nit pick the exact wording but, the meaning is the same.