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The company hasnt dissolved. Thats American Green CBD, not American Green itself.
So far its told ERBB is failing as a business. Even most of the dispensaries listed on the American Green lab results page dont have American Green flower listed anywhere.
That has nothing to due with why youre investing in ERBB. According to the company's own financials the building they spent millions on was lost to foreclosure. Means no double revenue, no onsite kitchen, in house gummies.
The American Green CBD business was dissolved by David Gwyther himself. Their American Green CBD website they link to on their Home Page (americangreencbd.com) redirects to THCA King, a completely different company that offer to sell MAGIC MUSHROOMS along with Marijuana.
As of March, there were 4.2B available in the Float, there is no shortage. Why invest in ERBB?
Also forgot: American Green CBD dissolved as a company. Form signed by David Gwyther himself. So CBD products will be taken down soon.
https://wyobiz.wyo.gov/Business/FilingDetails.aspx?eFNum=247090039071023154075083210152233111036207222007
Thats nothing new. If you just found this out from reading a random article, you need to read the patent on marijuana, 6630507, the United States of America as the assignee.
"Abstract: Cannabinoids have been found to have antioxidant properties, unrelated to NMDA receptor antagonism. This new found property makes cannabinoids useful in the treatment and prophylaxis of wide variety of oxidation associated diseases, such as ischemic, age-related, inflammatory and autoimmune diseases. The cannabinoids are found to have particular application as neuroprotectants, for example in limiting neurological damage following ischemic insults, such as stroke and trauma, or in the treatment of neurodegenerative diseases, such as Alzheimer's disease, Parkinson's disease and HIV dementia. Nonpsychoactive cannabinoids, such as cannabidoil, are particularly advantageous to use because they avoid toxicity that is encountered with psychoactive cannabinoids at high doses useful in the method of the present invention..."
US government got the patent based on the neurodegenerative benefits then turned around and said there are no medical benefits of the plant.
Any gummies ERBB has are bought from Midnight CBD and resold. The Cypress Chill location, which was lost to foreclosure and is in no way associated with American Green anymore, was the facility they were going to make the gummies in. They never got the facility built out and never even grew a single plant in there, let alone got the kitchen up and running.
I would take what Saving Grace says with a grain of salt. Doesnt actually know alot about ERBB
That yield sign is only taken down by submitting their missing financials. Last time they submitted anything, it was the late notice on 2/14/2024 saying theyre going to submit their financials on 10/19/2023.
They never even resubmitted the notice after being contacted about the mistake.
https://www.otcmarkets.com/stock/ERBB/overview
Read the details of the liens against ERBB
https://apps.azsos.gov/apps/ucc/search/#&&/wEXBQUZSW5kaXZpZHVhbFJhZGlvQnV0dG9uTGlzdAUBMAUbT3JnYW5pemF0aW9uUmFkaW9CdXR0b25MaXN0BQEwBRhNYXRjaFR5cGVSYWRpb0J1dHRvbkxpc3QFATAFDE9yZ2FuaXphdGlvbgUSQW1lcmljYW4gZ3JlZW4gaW5jBQ5TZWFyY2hUeXBlTGlzdAUBMC9HntOAEY6Vl9AObr1Nicmq27NfqLCKdl906Tw91XHQ
No problemo. The Cypress Chill grow and kitchen are gone. Property transferred to Socotra Realty LLC after it was foreclosed
https://mcassessor.maricopa.gov/mcs/?q=11050033A&mod=pd
Lol Latest Corporate Filing 11/20/2023
https://www.otcmarkets.com/stock/ERBB/overview
On October 31, 2023, the Company’s property located at 2325 W. Cypress Street in Phoenix was foreclosed
upon as a result of the Company’s inability to refinance the property due, in the opinion of management, to a Mechanic’s Lien filed by the primary contractor on the project of approximately $2.2M dollars. The Company disputes
the amount of the lien and is exploring its legal options under Arizona law.
They resell their CBD products from Midnight CBD (which is owned by Kevin Davis, ERBBs VP of Sales). Go to their CBD store, americangreencbd.com, and see their in house CBD store now. Links to some THC King site that also offers magic mushrooms. The fact ERBB main site links to it is not good for a public company
Notification of Late Filing on 2/14/24 says they will have the financials ending in December 2023 available in OCTOBER 2023, and 2 months later still have put nothing out. Only reason it got bumped up to Yield is someone verified the profile.
Float is 4.233B out of 4.282B, so theres less than 50M share held by investors.
American Green CBD has been dissolved.
https://www.otcmarkets.com/stock/ERBB/overview
ERBB is back to Pink Limited, Yield sign up
https://www.otcmarkets.com/stock/ERBB/overview
American Green CBD Dissolved 3/19/2024
https://wyobiz.wyo.gov/Business/FilingDetails.aspx?eFNum=247090039071023154075083210152233111036207222007
ERBB is now listed as Dark or Defunct and on Expert Market
https://www.otcmarkets.com/stock/ERBB/overview
AmericanGreenCBD.com (the hemp/cbd store) is not alive and well. It redirects to a vendor that also offers magic mushrooms. They havent responded to any inquiries about it yet.
The link to the CBD store/site is taken off the AmericanGreen.com website. Literacy skills help.
Looks like the American Green website no longer has any link to the American Green CBD Store, americangreencbd.com.
Going to that address redirects you to another business altogether, https://thcaking.com/collections/cbd-flower. Their CBD store seems to be gone
Wow.https://americangreencbd.com is now a blank basic site. And if you click on the .com link at the top of the page, it redirects you to https://thcaking.com/collections/wholesale-thca-flower. Doesnt seem like ERBB is gonna exist much longer
ERBB is Dark or Defunct on OTCMarkets. Currently in Grace Period before theyre moved to Expert Market
https://www.otcmarkets.com/stock/ERBB/overview
Since they never even grew anything in the Cypress Chill building before losing it, not sure what kind of statement they can put out. Got an email from Kevin Davis (VP of ERBB's Worlwide Sales) saying he is going to be working on taking his site/company OTCWatch public this year (ticker OTCW). He also owns Midnight CBD (which is the supplier for ERBB) and sent a message saying he was gonna focus on that business. I dont think he cares about American Green anymore
ERBB CAN TIME TRAVEL NOW!!
LOL read the latest filing:
Reason for Delay in Posting Financial Report:
The review of the information required for the period ending December 31, 2023, has made
a timely filing of the annual report impractical, without undue hardship.
Anticipated Filing Date: October 19, 2023
Person to contact regarding this notification: David G. Gwyther, CEO
ERBB financials say 2325 W Cypress is loat to foreclosure, not placed in a trust with some company never mentioned in the financials.
https://www.otcmarkets.com/stock/ERBB/overview
Socotra has nothing to do with ERBB. Stewart Title is Trustee, Socotra is beneficiary lmao
Said property was sold by the Trustee (Stewart Title) at public auction on 10/31/2023
https://recorder.maricopa.gov/recdocdata/getrecdatadetail.aspx?rec=20230574255&suf=
Lets not forget ERBB's own filings from 11/20/2023
"On October 31, 2023, the Company’s property located at 2325 W. Cypress Street in Phoenix was foreclosed upon as a
result of the Company’s inability to refinance the property due, in the opinion of management, to a Mechanic’s Lien filed
by the primary contractor on the project of approximately $2.2M dollars.."
Maricopa County lists Socotra as current owner where it used to list American Green.
https://mcassessor.maricopa.gov/mcs/?q=11050033A&mod=pd
And 1 concentrate now too. Since they kicked Glorious Extracts (and are being sued by them) about time they put the extraction booth to use
https://www.leafly.com/search/shop?shopCategory=brand&shopName=American%20Green
Saving Grace is the dumbest. Check out their DD
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172961188
110-50-033A current owner is SOCOTRA REIT I LLC lmao saving grace is a dumbass.
https://mcassessor.maricopa.gov/mcs/?q=11050033A&mod=pd#mapid
Auctioned for $3,118,009.88
https://recorder.maricopa.gov/recdocdata/getrecdatadetail.aspx?rec=20230574255&suf=
SavingGrace: 2325 W Cypress St. Is not American Green
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172891634
The dipshit Saving Grace doesnt know anything lol
Owner of 2325 W Cypress St is now SOCOTRA REIT I LLC lmao
https://mcassessor.maricopa.gov/mcs/?q=11050033A&mod=pd
They lost it in foreclosure. Lets see your conversation with "The City" Grace, you swore they were up and running
Or it could also be they found a new tenant and are going to be the landlords, collecting rent from someone else growing.
No Cypress Chill grow op means the revenue increase wont happen. See where they go from here
ERBB is Pink Current again.
https://www.otcmarkets.com/stock/ERBB/overview
Lmao where is @Saving Grace ?
"It's already in full operation. I spoke with city officials and was given this site to review."
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172961181
Just read the latest report: Cypress Chill foreclosed, new grow op was never operational
Updated Loopnet 11/9/2023 - Marketing Brochure shows 100% empty facility
https://www.loopnet.com/viewer/pdf?file=https%3a%2f%2fimages1.loopnet.com%2fd2%2f-cfVlUOaxtF7RTKPpsYg1-5XchSs9lKf_egZJdcpxSg%2fMarketing%2520BrochureFlyer.pdf
Active Loopnet listing updated 11/1/2023, created 8/24/2023. Not an expired Crexi listing -
https://www.loopnet.com/Listing/2325-W-Cypress-St-Phoenix-AZ/29358562/
Photos show completely empty building. For sale for $5.6 which aligns with their statement they received offers over $5M for the building.
2325 W Cypress St. Is not American Green
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172891634
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172891816
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172892239
In the space of a week Saving Grave started acting like they knew ERBB owned it lmao! Even contacted "the City" xD
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172898927
We can all calm down. Theres an expired real estate link with undated and unsourced photos that show ERBB is lying on their financials. Just ask Saving Grace how they got their information xD
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172891634
ERBB no longer pink current
https://www.otcmarkets.com/stock/ERBB/overview