Replies to post #25828 on American Green Inc (ERBB)

[berg111]

steh, I, as you know have been tracking the CD's on the list. The CD's are very high profile. Things are looking good in this sense. The SP sucks, I am losing on my initial buy-in. Averaging in at these prices seems a no brainer.

[kenco]

stehvestor, the thing that the investing public is looking at is how the management of the company is handling the finances of the company in my opinion, the 10K filing for FNEY/QTIG/MMXT clearly showed that management is busy stuffing their pockets using the proceeds from the sale of securities and being that Sunncomm is basically run by the same group of operators, its reasonable to assume that SCMI has been being run in the same fashion, that scares investors away for sure, I mean for instance, usually in a startup, the upper management, especially founders, are making a small or no salary with reasonable profit sharing, ie. most of their money comes on the back side when the company and its value has been established, the 10K shows the head guy scalping the company for a large salary and large stock compensation for producing next to no revenue, smart money sees that BS and runs.

[sahd3g]

Look at the forest not the trees. We've had Sunngramm's, the first conference call with guidance repeated numerous times, press releases, and the company and it's investor relations consultant.

How many companies do more than that for shareholders? If you need to be cuddled, maybe get a puppy?

Sure, I'd like monthly, weekly or even daily updates on everything, but what companies do that?

Bottom line is we are by far the leader in DRM, at least here in the states for cd drm. The US is the toughest market for introducing cd drm. Less than 10 million cd's per month at .04 per cd gets us to cash flow positive, IMO, if you take out the merger costs and look at basic overhead of roughly $200k to $300k per month.

How many penny stocks in the tech world are looking at profitability near term and very high margin potential of over 70% a good probability longer term?