Replies to post #6762 on American Green Inc (ERBB)

[STEHSUCKER]

Your earlier post came across as "whining"... perhaps I mis-read it. At any rate, I don't disagree with anything you posted. It's time for Sunncomm to grow up and behave like a real company.

As for the investment community... they are presently ignoring us as we are not on a real exchange, but you are correct that if they were looking at us they would not play here until they could see some transparency in what management says vs what they do... that's just how the game is played.

Since I know Peter and have great respect for him and what he has accomplished to date against seemingly impossible odds, I suppose I tend to cut him more of a break on some of these detail issues.

The dilution was inevitable frankly... with zero revenues how do you keep paying the bills as well as aquire new technology? You issue stock and sell it. The shorts know this as well and also know that the lower the pps is the more dilution there will be each time they have to do this... it's referred to as a "death spiral" and is a well known technique that short hedge funds use to assist them in driving the price down.

The shorts are real... whether you believe in them or not.

The SEC is too busy protecting criminals in the system to care much what Sunncomm is doing. The only time I could see them getting involved here is if we actually came up with a way to hurt the shorts... then you can bet they would be here in a flash to defend the right of non-regulated hedge funds to defraud shareholders.

Honestly, while Peter may have come up short on a few items over the last year it is not he who controls the pps but rather the hedge funds.

For the record I have not been here for 4 years like you, so my patience meter is probably a lot higher. I first came in around the .07 level before it ran to .40 cents for a nanosencond, whenever that was.

[stehisit]

Jrinphx, I agree with you completely. Very nice post. Some people think that any criticism of management is whining. The fact is these people would rather let management do anything and never ask management to do as they say.

The fact is management has said they would report to the SEC three times and never done it. Of course they only ever offer an explaination to the favorites that never say a bad word about Peter.

They have also announced three dividends that have never happened. But still they think we don't have a right to criticise management.

Peter's response to my e-mail last week was that I should sell if I don't like it. Well I like the tech and that is why I'm here. But the fact that management has made several simple promises to pay dividends and report, yet has never done either is why the stock is at these levels.

If you combined the progress they have made with this technology with a credible management team the stock would be a lot higher in my opinion.

Then they issue themselves 10 million shares. I wonder if these "consultants" are the ones that had the great idea to change the ticker three times. I wish I could have gotten a couple of million shares for those great ideas.

The problem isn't naked shorts. It is the lack of credible management. It is almost as if the technology has the huge potential in spite of management.