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Tuesday, June 10, 2014 4:25:54 PM
But if you expected ERBB to soar, then clearly you have been disappointed.
Let's be realistic here, the live stream was a total face plant. Let's also be honest, this is not the first time something like this happened. Now matter how much preparation was done, this sort of technical glitch is something that occurs to the biggest and smallest of companies. American Green is not the one at fault.
I am part of the camp that believes the overwhelming interest in watching the event is the likely cause of the glitch. Regardless, like Apples past keynotes and conferences, I'm just fine watching the event after it happened. There really was not much info for me to learn considering Stephen has personally answered my questions via email.
I think the June 12 Zazzz machine launch is a far more significant event. At this point the only catalyst that will move ERBB is confirmation of operational Zazzz machines. Once those machines are in use, revenues should follow and provide guidance on future income.
American Green is undertaking serious measures to become operational. They are miles ahead of other companies just entering the cannabis space. Setting up the Zazzz machine has gone from being a long promised piece of possible vaporware to a real, operating machine being placed in several dispensaries.
For those flipping ERBB, I don't have any advice other than buy the dips and sell the rips.
For those investing in ERBB, have some patience. These are great entry points. Don't expect riches overnight, but in a year or so, ERBB could be a major player in the MMJ realm
"Emancipate youself from mental slavery, none but ourselves can free our mind"
-Bob Marley
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