American Green Inc (ERBB)

[KickolasNage]

Notice of Default filed for Nipton

A Notice of Default is the first step to foreclosure. In some states, the Notice of Default is also attached to the home, generally on the front window, like an embarrassing scarlet letter. It states that the borrower is behind on mortgage payments. If the mortgage isn't brought current, the lender will seize the home.

Foreclosure could be imminent, American Green and CannAwake are not paying the mortgage, and the Lang Trust has already seeked the help of an outside firm that specializes in foreclosures...

Not looking good for "Pot City", even with CannAwake's "help" they can't secure funding.