American Green Inc (ERBB)

[RickRat]

Finally They Reported

I read all 4 docs albeit quickly. I still see no clarification on how the company makes money on the Grow Operation. I saw where they don’t own the building but pay $8.000.00 a month to rent it but that’s all. No mention of how they make money growing weed – NONE. I also saw where they rent two other buildings for $3.500.00 and $2.500.00 a month.

Contrary to the tone of their recent PR declaring a milestone revenue figure having been reached the company did not make any money at all for the year but in fact operated to a net loss of ($3,036.231).
Does not sound as fluffy as that last PR does it?

How the hell does this company stay in business? God Bless Them Really. I hope they understand how people can be a little bit upset with their investment here.

60 Billion Shares Authorized – Yep 60 Billion with a “B”.
30 Billion Outstanding
29 Billion Float