American Green Inc (ERBB)

[nopancakemix]

ERBB Chances of $1 are Quite Good
It is a long shot, a 10,000% increase from where ERBB is today but should the company execute their plans to deliver Zazz machines in 1000 locations, then $1 is a good benchmark.

The MD8X comparison is a good one however the share structure of that company is drastically different than ERBB. The other company you refer to has less than 15m shares outstanding and as another poster mentioned the 200pps high came on extremely low volume. I will be the first to say that ERBB has absolutely zero shot of making 200pps with an outstanding share count around 2.5b. That would put ERBB's market cap higher than Apple.

Perhaps a better comparison would be the market caps. MD8X has a valuation of about $1b
If ERBB was to be valued at a similar valuation the share price would be about .25

I think .25 is a good target from here. $1 is achievable within a year but I prefer to start at .25