American Green Inc (ERBB)

[jrinphx]

Remember Peter's opening remarks at the SCMI S/H meeting? ..."corporate governance is important", "It's time to act like a real company"..."build confidence in the investment community"...That's why we've hired Marc Robins of the Robbins group..... who later got up and spoke to the need for good corporate governance. The Corporate structural changes we need to incorporate into the newly merged Media Max Co. We can get there with the merger that why it is so badly needed.
He spoke of the four key elements necessary;
1) Formation- This is where we are now.
2) Acceptance- This is the need for Institutional Investors “The big fish” to feel comfortable with us. And us with them and for our financial stability to look great. (Revenues, Cash reserves etc.)
3) Improvement- We need to show that things are getting better all the time. That the bottom line is trending Up!
4) Governance/ Transparency- Institutional Investors have a fiduciary to their clients and need to be assured that when they invest their clients’ money that they are seeing ALL the layers of the company. Accurate, Timely Audits and SEC Reporting. Nothing hidden from view so they can be as close to accurate as possible in their hopes that we will grow into a good investment. Their reputations are on the line!

Marc further stated- When these major elements combine together we will be able to go to a Major Exchange with the confidence that we will see some return on our investment.
Management just needs to hammer home the revenue and shape up the books!

.....etc, etc, then what do they go and do? They file late!
Come on boys and girls, if you want to be treated with respect from the investment community, you have act respectful. IMHO
JR