American Green Group, Inc. (AMNE)

[jackson227]

I think there are a couple handfuls holding that many shares, and I think that if they need to issue shares to raise capital, which they do, having 5 billion AS isn't going to be the best for the near-term pps, but who knows.

Either way, it was either a forward split or a reverse split that needed to be done in order to be able to give Gary and Paradigm the shares they are owed from the deal, and since the pps isn't .50, it was either a huge R/S to get the pps up, which would have lost them most of their investors, or a forward split, which they tried to turn into a positive by acting like they are doing it for the shareholders.

As I have stated, I believe in AMNE, but imo the short-term pps is going to suffer in the short-term.

Once the pps is low again after the split, there are a ton of shares that they are going to have to issue to raise capital, which likely won't help the pps.

I'm all for "news", but until there is verifiable revenue, imo this is going to get treated just like every pink.