American Green Inc (ERBB)

[1lemming1]

ERBB has served to make me some cash, rode it up to .04. There are some reasons why I thinks it's going to take a bath.

1) legal troubles: they have been made to dissolve their ties with altitude organics and rename, this was one of the pillars that brought this stock to current price.

I have not seen in pr or any evidence whatsoever that they have gone through the proper regulatory hoops to implement a medical vending machine. The flagship location they chose is a medical only dispensary.
They were denied in their own state, see PARC disp. PR.

2)Quality issues: compare and contrast the time and effort companies like autospence, medbox have spent in the development of their machines, transbyte's PRs state that they have been developing this for 6 months. Take a look at the company that is building the machine.
They are using a software company for age ID verification that is called cyber thingy, it was at first proprietary software, now anything concerning the software is unknown. They are now distancing themselves from that company.
The PR's are worded in a deceptive manor; they are intentionally designed to fool the "headline reader" when you critically read the body of the PR, it does not match the headline.
They are obviously desperate as evidenced by the lack of solid PR content.
3)Financial, look at their last unaudited quarterly report see what you think. I don't believe that a company that has such little resource and so much BS can be successful in such a huge endeavor.

These are just a few thoughts to get you started. And they are truly worth what you paid for them. I would reinvest at the right price. But this could go up on hype, one never knows these great days.

Good luck.