Replies to post #22495 on American Green Inc (ERBB)

[flydoc]

threebabies, I said it before and I'll say it again:

There has been some disappointment with (1.) how the whole shareholders meeting and further dilution thing has come about, and (2.) the forecast timeframe for the potential merger. 90 million shares is a 20% dilution, so 6 cents less 20% is 4.8 cents. People see this (owning SCMI) as "dead money" for at least a few months.

I've owned SCMI forever; the only MMXT I own is that one dividend I got. I was going to buy MMXT a while back when they were less than SCMI shares, but I was told it wasn't really necessary or wise.....wish I would have bought it back then (at 3 cents).

[nbotel]

We seem to be bouncing off .052 in general over the past couple of days. We've unloaded(hopefully) alot of disgruntled "investors" over the past couple of days who have decided that their "get rich quick or else" scheme has been forever foiled here. (It would have been nice to GRC, but I can't see that there is any more promising company in this rotten market to put your money unless you like craps). As someone said, the current SP is a reflection of emotion, not business reality. Absent really stinky news (where from???) why should we go any lower than .05 short-term unless there are still some suicidal maniacs among us who insist on subscribing to a buy high/sell low strategy? Folks who have sold over the past couple of days really couldn't have sold much lower and undoubtedly bough lots higher. Intemperate and self-destructive, but predictable. I am fairly confident we will come back to .08 if not more within a couple of months. Things are in the works and we are poised for revenue, new development and a corporate structure change that will get us off the pinks. All pretty promising in my book. I'm holding. Good luck to you.