American Green Inc (ERBB)

[1vman]

*****BUYER_BEWARE_AGs_ONLY_SOURCE_OF_REVENUE******


American Green (OTCPK:ERBB) boasts as being one of the first publicly traded “cannabis” or “medical cannabis” companies in the world. Unfortunately, aside from selling a few hats with weed leaf logos, American Green has never made a dime actually selling cannabis or providing any cannabis related service, and likely never will. Under current laws, publicly traded companies cannot even generate revenues from the sale illegal substances.

Despite many claims of booming business models, the revenues generated by American Green come from Convertible Debt. For those who are not familiar with this toxic behavior, American Green issues ERBB share to Convertible Debt holders in exchange for cash to fund operations. The shares granted to CD holders are discounted 50% off the 52-week lows so by the time the shares are issued, the CD holders can sell for a 100% gain at the absolute minimum. In addition to the highly profitable share exchange, the CD holders are also given cash for the interest on the money they provide American Green.

Here is an example of how the money and ERBB shares are slushed around between the Convertible Debt holders and American Green based on the past year:

CD holder issues American Green $100,000 in exchange for the equivalent number of shares accruable at a 50% discount of the 52-week low. In the year leading up to the Nipton announcement, the 52-week low was .001, meaning the CD holder will be granted $100,000 worth of shares at .0005 The CD holder is also issued interest on the $100k given to AG, netting approximately 3% per month, or $3,000 a month. Upon delivery, the $100,000 is CONVERTED by the CD holder into approximately 200,000,000 ERBB shares ($100,000 divided by .0005) American Green announces plans to buys and convert Nipton into a premiere cannabis destination sending ERBB to a high of .005 The CD holders sells the shares granted for a 1000% profit (.0005 sold at .005)

So, the CD holder makes nearly $1,000,000 for loaning American Green. The original cash infusion of $100,000 to American Green is supposed to be earmarked for business operations but according to American Green’s own financial reports, the majority of the cash from CD holders goes directly into the pockets of AG insiders in the form of salaries or consulting fees. The cash is further redirected into insider’s accounts by being used for legal and accounting services from law firms owned by AG insiders. Over 70% of the cash goes directly to insiders.

In the end, very little of the CD holder monies are put towards developing a credible business. American Green, has not sold a sustainable product since inception. Lies about cultivation equipment, lies about vending machines, lies about grow ops, lies about extraction facilities, lies about branded products, lies about towns…..lies are the only products offered


NOT GLAD I OWN ERBB SHARES !!!



*****ENOUGH SAID***** !!!