American Green Inc (ERBB)

[1vman]

*****American Green didn't purchase Nipton.

Would be nice if news outlets would actually fact check their articles before they post them. The Nipton, CA plot is 80 acres, and ERBB hasn't paid $5 million for it. The property is still listed on the market as "For Sale" by Sky Mesa Realty:

http://direct.propertyline.com/castrigano/

No deals have been closed, American Green does not own Nipton. I don't know why it is so hard for people to check this, don't take everything the company says for face value.

Not only that, but the realtor even said American Green doesn't own it:

"Broker Tony Castrignano of Sky Mesa Realty, who is listing the property, cautioned that no sale has closed. He described American Green as a "serious prospective buyer," but said there are other serious prospective buyers, too." - Rosalie Murphy, Desert Sun

http://www.desertsun.com/story/money/business/2017/08/04/marijuana-nipton-american-green-buying-town/537931001/

The mayor of the town, Jim Eslinger, doesn't even think the owner will sell to American Green:

"Roxanne (Lang, the owner) is not going to sell the town to a marijuana grower, simple as that," he said. "We have other people that have deep pockets that are interested." - Jim Eslinger, mayor, and longest resident of Nipton, CA

http://www.desertsun.com/story/money/business/2017/08/04/marijuana-nipton-american-green-buying-town/537931001/

If by some chance American Green even manages to scrap together $5 million to purchase the town, they can't grow or sell weed there:

Commercial marijuana cultivation and sales are illegal in unincorporated areas of San Bernardino County. Knowing the past history of Nipton, CA, they'll probably want to stay unincorporated to keep their water aquifer out of municipal hands. That's probably why American Green has been pushing cbd infused water, cbd spas, and cbd edibles... they can't legally sell marijuana there. Just snake oil.

ERBB is A SCAM !!! company to sell shares to insiders and line their own pockets. They don't care about common investors period !!!


ENOUGH SAID !