People can try and boast about American Green's "accomplishments", but those all mean jack squat. What it all boils down to is the financials. How much money American Green is bringing in versus how much they are spending. Let's take a look at this last quarter:
Revenue: $10,528
Net loss: -$611,694
Accumulated deficit: -$33,538,194
That's really all you need to know. Those "accomplishments" don't matter one bit if they don't bring in revenue greater than what the company spends to get it. And right now, American Green is spending way more than they are making. That's a fact.
Keep in mind American Green gets its funding through toxic debt loans in which they issue shares for cash at a severely reduced price. That's why the share price keeps going down and the number of shares keep going up. Current share structure is around 17 billion, a far change from the 3 billion back in 2014. That's how diluted this stock has become. With another $150k payable each quarter over the next five years to the Lang Trust for the purchase of Nipton, it is only going to get worse. Lending machines to themselves won't earn revenue, paying $5 million for a town where they can't grow or distribute weed won't earn enough revenue, selling CBD online has proven to not earn enough revenue, and the grow op won't earn revenue until it is finished and even then it will not offset the costs they are currently operating at.
Due your own due diligence and read the financials people. Ask yourself, are these ventures realistically going to help American Green? Take a look at American Green's past ventures for an answer.
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