Wednesday, October 16, 2019 1:50:35 AM
The new vending machine partner doesn’t even have a current business license.
Pan Pacific is a spin OUT company. That means it’s not part of American Green and doesn’t provide them any money.
The company is bogged down with floating price convertible debt. The share price can fall forever and their lenders still make huge profits.
They just performed their third reverse split because they had a share price of .0001 and 32 billion shares outstanding.
They didn’t roll back their authorized shares from 60 billion because their debt is going to balloon the share structure again. Share price will fall to correct the market cap.
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