American Green Inc (ERBB)

[Pennystomper55]

American Green Acquires Valley Hydroponics and Organics in Sonoma!

American Green Acquires Valley Hydroponics and Organics in Sonoma
Company Reduces Stock Float by 180 Million Shares

Oh... Just more BS LIES:

TEMPE, AZ-- American Green (OTC Pink: ERBB) (PINKSHEETS: ERBB) has purchased the assets including all inventory, the business name and all web presence of Valley Hydroponics and Organics. This acquisition gives American Green a large market share in the general Sonoma area. The assets and inventory will be merged with American Green's newly acquired Green Universe as a dominant force in Sonoma. Green Universe was purchased just last week by American Green (http://www.bloomberg.com/article/2014-06-25/ab29s_lICbyA.html). Sonoma and the surrounding areas, especially the Emerald Triangle to the north, is a key area for Cannabis cultivation in the US. The company believes that operating in an area with so many skilled professionals provides a great market for American Green, but more importantly the opportunity to interact with those professionals.

According to American Green president Stephen Shearin, "Cultivation is a critical part of this industry. Without cultivation; no flowers. Without flowers; no products or medicine of any kind. As this market and the subsequent demand grows, working with the lifeblood of the industry (the cultivation professionals) is arguably one of the most important pursuits we can have. We're very happy to have a profitable location, made more so with this acquisition, to forge deeper contacts and relationships in the general Cannabis horticulture environment."

In other significant news, the company's president announced today that negotiations were successful for the return of 180,000,000 shares to the treasury. As a result of this, the company's "float" will be reduced by an equal number. The investment partners who agreed to the return will receive only their original loan documents back and may exercise them with the company's permission at a later date. No additional consideration to the investors was made in order to affect the return of the shares. Stephen Shearin adds, "This is a great example of what can happen when everyone connected with American Green focuses on the same thing - doing everything possible to make the company an overall success."