American Green Inc (ERBB)

[IMKCBUCKY]

First off the town of Nipton is only 80 acres. Supposedly they bought another parcel of land down the road somewhere. So it is not 120 acres of contiguous land.

Back to financing. From what I can tell by your post,ERBB is going to finance all of this by issuing "preferred shares" to capital investors. So they are going to issue more shares to capital investors at 50% off the 52 week low. Dude this has been their MO for 19 years! lol Once they issues the shares they will put out BS PR's to pump the price and the CD holders will dump their shares and the retail investors will be left holding the bag. In the meantime ERBB will accomplish squat because the never have in the past 19 years which is easily verified in their financials. Eventually, which I think is really soon, they will have to issue a R/S in order to move the share price up because there are simply to many shares out there which was proven with this last run. There were over 5 BILLION shares traded over just a few weeks and the price could only get to .004! So if this is how ERBB is going to finance this pipe dream than it is going to be a blood bath for the longs here. If you want to play this stock you get in and get out. JUST MY HUMBLE OPINION...


ERBBB ON$$$$