American Green Inc (ERBB)

[Pennystomper55]

Lindel claimed multiple machines sold, reality is 0 machine sales.

Dont believe 1 word this company or their supporters say, they are all lies.

KickolasNage

"20 year history of lies and deception.

Quarterly Report - Dec 31, 2019

Leasehold Improvements - $3,993,392
(American Green has either spent this much or values the grow facility at this much)

Total liabilities: $16,346,043
(Debt, debentures, interest)

Machine sales: $0
Online store sales: $35,542
Management revenue: $378,892
Paw Puddy: $4,100

Total revenue: $418,534
Cost of sales: $178,415

Gross profit: $240,119

Operating expenses: $634,733
Abandoned projects: $2,851,084

NET LOSS: $3,245,698 !!!

Nipton was a disaster for American Green, reporting one of the highest net losses EVER!

Accumulated deficit: $43,286,221 !

Stay away from this SCAM COMPANY! The Jacobs family is bleeding this company dry with their outrageous debenture loans, and shareholders are footing the bill!

https://backend.otcmarkets.com/otcapi/company/financial-report/240466/content

Quote:
At February 21, 2020, the Company had 60,000,000,000 authorized common shares and 262,483,469 common shares issued and outstanding.


Pre-split O/S would be 131 BILLION shares. Before the split it was around 30 billion back in September. In a matter of months, they've essentially QUADRUPLED the share count! SHARE PRINTING SCAM!"