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Monday, July 07, 2014 2:51:33 PM
American Green Sells OneBode to the Healthy Home CompanyMonday 07/07/2014 08:15 AM ET - MarketWire via Dow Jones News
American Green Sells OneBode to the Healthy Home Company TEMPE, AZ--(Marketwired - Jul 7, 2014) - American Green (OTC: ERBB) announced today that it has sold all of the assets of its wholly owned subsidiaries OneBode Holdings LLC and OneBode Ventures LLC for $3,500,000 to the Healthy Home Company and OneBode founders Sean and Tylene Loomer. OneBode was acquired by American Green in June of 2013. The sales price reflects the value created in OneBode over the past year and locks in a solid rate of return for American Green shareholders. Simultaneously it will free both time and operating capital for American Green to focus on its other divisions as it expands and utilizes the offices formerly occupied by OneBode.
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