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$MGON - next big COVID play
Yet the price is still 0.0013. Diluted garbage stock!
American Green has $16 million in liabilities. Of that, about 12 million is just from debt and debenture notes.
Net loss for the fiscal year 2020 was a staggering $4.66 MILLION DOLLARS.
U/S Updated - 1,225,646,844 - 09/30/2020
https://www.otcmarkets.com/stock/erbb/security
What's interesting is that OTC Markets lists the A/S as...
61,965,000,000 shares... and it's transfer agent verified.
As soon as talks of reporting American Green to the SEC started coming up, management has been quiet.
What's the MGON connection to this?
Agreed. Still time to buy in now before actual news hits.
Volume picking up, this is ready to run
$MGON - undergoing rally right now, hop along the trainnn!
https://investorshub.advfn.com/Megola-Inc-MGON-4053/
Preferred shares cancelled, new board of directors, recently current again, COVID airborne disinfecting unit...
All coming together.
Looks thin to $0.0134
Looks like this is ready to run
Sub-penny prices right now won't last for long. This is a steal at this price.
$MGON
He's slee- I mean, he's partnering with Peter Jacob's daughter. Got to keep the scam in the family, right?
Excellent news, something big is brewing
$MGON NEWS-
MGON Update:
— Alo-Gem (@alo_gem) October 13, 2020
Definitive agreements now finalized. Restricted Preferred shares used to purchase assets. Initiating Shell status removal. Name and Symbol change submission to follow. #movingforward #OTC #OTCStocks #OTCMarkets #OTCBB
$MGON - next big runner with COVID filtration system
At least they wouldn't be tied down to the tremendous debt that American Green has hanging over its head.
Why would anyone want to do business with this company?
2.5 million shares DUMPED at 0.00128 today.
This company is diluting shares to all new lows.
Rehashed old news won't make the price go up.
Imagine when it comes to the U.S., American Green and partner EzWeeeeeed247 is going to get steamrolled. Signifi Solutions sounds more professional anyways.
That's just sad. Lindel really dropped the ball on that Dispension deal. Or maybe it was Dispension that dropped American Green? Looks like Dispension is better off not partnering with this scam company anyways. Look at that advisory board!
1.4 million shares dumped at 0.001336 after hours.
https://ih.advfn.com/stock-market/USOTC/american-green-pk-ERBB/trades
They haven't updated their O/S count since June, so probably.
Debenture notes were issued to pay for Nipton.
Debenture notes are converted into common shares.
Common shares dumped onto the bid.
Questions?
American Green wasted millions of dollars on Nipton with nothing to show for it.
Shareholders foot the bill.
Report them for financing debenture notes through former CEO Peter Jacob's shell company Sunrise Communications and 10th Planet Partners?
Okay.
This company is an obvious scam. You can make money day trading it, doesn't make it any less of a fraud company.
Just look at what they did to CannAwake under croney Scott Stoegbauer's management. Drove it straight into the ground.
That's why the price tanked this year, right?
Fact: There is no CannAwake dividend even though American Green promised one.
https://www.globenewswire.com/news-release/2018/03/15/1437951/0/en/American-Green-and-Delta-International-Reach-7-73-Million-Deal-to-Create-New-Opportunities-for-American-Green-Shareholders.html
Fact: CannAwake, under the poor management by Scott Stoegbauer, has gone dark. They haven't posted any of their filings and stopped being OTCQB compliant back in 2018.
https://www.otcmarkets.com/stock/canx/disclosure
Fact: Nipton has been sold in foreclosure after American Green and CannAwake CEO Scott Stoegbauer failed to pay the mortgage, after promising shareholders it would become a marijuana mecca and tourist industry.
https://www.otcmarkets.com/filing/html?id=13797759&guid=6Xq6UKMDpIT543h
Fact: Scott Stoegbauer is currently being sued by former employee in the San Bernardino County Court.
San Bernardino Couty Court Records Case #: CIVDS1933124
MEADOWS -V- NIPTON, INC., ET AL.
http://openaccess.sb-court.org/OpenAccess/CIVIL/CivilDetails.asp?courtcode=X&casenumber=DS1933124&casetype=CIV
---
Do some actual due diligence into these companies. CannAwake and Scott Stoegbauer are frauds.
Scott Stoegbauer lied to American Green shareholders about that CannAwake dividend. Now the company has gone dark, delisted from OTCQB, and driven straight into the ground.
Nipton and CannAwake was a LIE!
Edit: And he's being SUED by a former employee! Look at the swamp American Green deals with.
Oh yeah, best year yet. From 0.008 to 0.0014.
Wow, such progress. Much value.
I believe the price has been tanking since those press releases came out.
What does that tell you?
$MGON
New lows hitting today as American Green nears triple zeroes by the end of the year.
2021 reverse split going to have to happen at this rate of dilution.
They're all a bunch of frauds.
The same will be said about what is going on today.
Just like Nipton... Past is past, right?
He's still being sued. Scott Stoegbauer is a puppet CEO that drove CannAwake into the ground.
It was kind of a stupid name to begin with. Just like their sleep CBD gummies... "Zzzzz"
How do you pronounce that?
Share count hasn't been updated since June. American Green has reported their O/S every month for years now. Why the sudden change?
What are they hiding?