American Green Inc (ERBB)

[KickolasNage]

Breakdown of Annual Financial Report

Provided below is a detail of some key numbers in the most recent annual report for June 2017 - June 2018 posted by American Green today.

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Total Assets: $11,391,603 ($5.7 million for Nipton, which they were supposed to have sold, and $3.3 million for the grow facility.)

Total Current Liabilities: -$14,011,256 (that includes loans, expenses, and debentures.)

Accumulated deficit: -$36,616,459

Gross Profit: $80,967 (That's how much profit for the whole year...)

Total Operating Expenses: -$2,604,741 (A dramatic increase from last annual report, at $1.86 million, primarily due to increased "staff consultants" on the payroll, and interest expense.)

Net loss from CannAwake: -$665,998 (Wasn't CannAwake supposed to be making them money, not taking away?)

Net loss: -$3,691,959 !!! (Last annual report the net loss was was 1.87 million, so losses have almost DOUBLED!)

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Simply put, this stock is hurting bad. There is a tremendous amount of debt, and increasing net loss every quarter, and very little to show that the dilution is going to stop.

Stay away from this one folks.