News Focus
News Focus
icon url

Night_Falls

09/23/15 3:24 PM

#219881 RE: lukechen817 #219878

Another Excellent Point, The Fraud of ERBB Thickens
True that! But that's the bottom line with all their business, they can't scale anything because they can't afford the cost to scale. This is the likely cause leading to the failure of the $1.17m Jurassic order, AG CAN'T AFFORD INVENTORY. It's pretty simple, it's also the reason a lot of people go on Shark Tank; they have a product that costs too much for them to go out of pocket to manufacture.

Of course, traditional financing through bank loans would be the way to get around this ordeal. A legitimate purchase order for 500 machines would probably have traditional money lenders jumping to give AG capital. At a measly $1000/month per machine that's $6m annually for 500 machines. That's good money even at a lowball number.

It would be great to hear from Stephen regarding this matter except for s stupid tweet saying AG's business would thrive if they had access to institutional monies. Even just a note on how AG has approached Specific Bank Name Here but has been repeatedly denied loans or what sort of specific resistance AG has encountered with traditional financing.
icon url

fishmanszmit

09/23/15 7:05 PM

#219892 RE: lukechen817 #219878

ERBB IS MAKING NEARLY $1-MILLION REVENUE PER YEAR??!?!?!?!
WOW REALLY?

Their current liabilities are about 8 million while revenue appears to be under a million/year.



revenue appears to be under a million/year and that's a BAD thing? ERBB IS ROCKING IF THEY ARE MAKING ALMOST ONE MILLION DOLLARS PER YEAR!!! GREAT GREAT INPUT!!

EVERY COMPANY LIVES ON DEBT AND REVENUES SO THANK YOU FOR SHARING THAT ERBB IS MAKING NEARLY $1 MILLION PER YEAR IN REVENUE!!
I KNOW A FEW TICKERS THAT MAKE ZERO REVENUES AND YET THEY STILL "OPERATE"!! WHAT GREAT GREAT DD LUKE.... THANK YOU!!