American Green Inc (ERBB)

[Rat Fink]

NO ERBB PR IN OVER 1 YEAR SINCE 2-14-23!!!_https://www.otcmarkets.com/stock/ERBB/news

ERBB_NEEDS_TO_EXPLAIN_ALL_THE_NEGATIVES_GOING_ON_WITH_THE_COMPANY_IN_A_PR!!!

10/16/23 FINS CONFIRMS ERBB SELLING_2325_CYPRESS_PROPERTY AS SORBYTECH FOUND OUT & POSTED ON 9/18/23!!! https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172848918
PER PAGES 10 & 18 OF THEIR 10/16/23 AMERICAN GREEN, INC. FINANCIAL REPORT: https://www.otcmarkets.com/otcapi/company/financial-report/383816/content
“If we are able to negotiate the removal of the lien and refinance the property, we have received offers to purchase it above $5M.”
HOWEVER, THEY MAY JUST LOSE THE PROPERTY ON 10/31/23 IN FORECLOSURE:
“The Company is attempting to refinance its property located at 2325 W. Cypress Street in Phoenix. Currently, the mortgage is in default and its contractor has placed a mechanics lien of approximately $2.2M dollars. The Company disputes the amount of the lien and is currently attempting to negotiate a settlement with removal of the lien as the primary reason to entertain a settlement. If we are unsuccessful, in obtaining the refinance, which is dependent upon achieving the release of the lien, we may lose the property on October 31, 2023, in foreclosure.”
BASED ON ALL THIS NEW “OFFICIAL” COMPANY INFO ABOVE, I WOULD “ASSUME” ALL CONSTRUCTION ON CONVERSION OF THE BUILDING IS NOW STOPPED SO ANY NEW/RECENT “PERMITS ISSUED” ON THE BUILDING CONSTRUCTION DO NOT MATTER ANY LONGER!!! https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172990832
BASED ON THE ABOVE, (1) AMERICAN GREEN, INCs ENDEAVOR TO HAVE A "SECOND" AMERICAN GREEN MJ CULTIVATION FACILITY HAS FAILED AND (2) THEY SHOULD HAVE NEVER ATTEMPTED TO DO THIS MONEY-LOSING ENDEAVOR.

ALSO, SORBYTECH FOUND OUT & POSTED ON 8/15/23 OTHER ERBB INFO AS WELL SPECIFICALLY ERBB SELLING THEIR “VENDWEB” VENDING MACHINE BUSINESS CONFIRMED ON PAGE 7 OF THEIR 10/16/23 ERBB FINANCIAL REPORT: “The Company is negotiating the sale of VendWeb, LLC.”
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172606352

ADDITIONAL ERBB “NEGATIVES” IN ERBBs 10/16/23 ERBB FINANCIAL REPORT BELOW:
1. “The Company is currently in the process of applying for a 100:1 reverse stock split.” (PAGE 2)
2. “The Company has been sued by a leasing company over approximately $900,000 in equipment for our Cypress facility. The Company is negotiating the sale of that equipment and hopes to settle the suit with the proceeds of this proposed sale”. (PAGES 10 & 18)
3. “The Company has been sued by Glorious Extracts over the termination of its rental of space at our Virginia Grow. WE believe that we had more than sufficient grounds to terminate their presence in our facility. Settlement discussions continue”. (PAGES 10 & 18)

ERBB SHOULD HAVE BEEN INFORMING/UPDATING/WARNING ERBB SHAREHOLDERS, POTENTIAL SHAREHOLDERS, AND OTHERS OF THEIR SERIOUS “NEGATIVE” ERBB UNEXPECTED “TURN OF EVENTS” FREQUENTLY IN PRs SINCE THEIR LAST PR OVER ONE YEAR SINCE 2/14/23 SO PEOPLE DO NOT (1) “ASSUME” THINGS ARE GOING AS PLANNED AND (2) GET A “BIG NEGATIVE SURPRISE” GETTING NOTIFIED IN THEIR AMERICAN GREEN, INC. FINANCIAL REPORT “EIGHT” MONTHS AFTER THEIR 2/14/23 PR!!!

ERBB STILL NEEDS TO ISSUE A PR NOTING AND EXPLAINING ALL THE ABOVE; ANY OTHER COMPANY CONCERNS; AND THE COMPANY’S FUTURE OUTLOOK!!! ERBB SHOULD HAVE ISSUED THEIR 10/16/23 FINANCIAL REPORT IN A PR!!!


>>> CHECK OUT SORBYTECH'S POSTS FOR ANY OF HIS ADDITIONAL/LATEST ERBB DD/FINDINGS: https://investorshub.advfn.com/boards/profile.aspx?user=686285