Todor Pichurov

Pumps Send American Green, Inc. (OTCMKTS:ERBB) Back to Double Zeroes

by Todor Pichurov March 19, 2015

After American Green, Inc. (OTCMKTS:ERBB, ERBB message board) was hit by a pump campaign over the weekend, things played out as per usual with paid promotions – the stock took a nose dive and burrowed in double-zero territory once again. Yesterday ERBB closed 12% down, stopping at $0.0087 per share. Volume picked up as the price rolled downhill and reached 47 million shares.

It's no secret ERBB was not in a particularly good position in the first place. The company, admittedly, managed to log record revenues in its last reported quarter ended December 2014, but those were not enough to stave off the $2.2 million in quarterly net loss. There's also the matter with running out of space to issue new shares for financing and for the conversion of existing debt and the looming possibility of further dilution.

To top all that, ERBB became the target of a paid pump campaign over the weekend. The promo money was being handed out by a certain Meridian Ventures LLC. The highest paid pumper outfits received $20 thousand to advertise ERBB stock. Familiar pumper names such as Stock Psycho (also known as Darth Trader) crop up among the promoters, as well as Stock Brain and OTC Equity.

The pumps had little to no effect on on the share price. ERBB managed to claw its way to a close 1% up on Monday but everyone who rushed in to buy at the open, enthused by the promises of the stock promoters, got trapped in a day-long slide from the inflated open.

The company's ZaZZZ rollout has come to another standstill. The ZaZZZ Network site hub that lists all installed vending units has not been updated since the company announced the first activated machines two weeks ago. The PR explained that 'activated' meant the machine got its full inventory imagery uploaded and was 'data-linked'. The first installed and operational machines in the Seattle Caregivers dispensary still don't show up as 'live' on the hub site, even though the livestream that demonstrated their functionality took place six weeks ago.

The current reporting quarter is nearly over and ERBB's next report is due by mid-May. Whether this will contain the impressive OG Tea revenues promised in a recent PR and whether the company managed to fully deplete its authorized shares pool remains to be seen.

Comments 15

1. Guest
March 23, 2015, 06:55AM

Quotes Propanc Health Group Corp STRONG BUY

2. Guest
March 23, 2015, 12:54AM

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For more info, Go to Yahoo.Finance, Type in BYSD, Read 3/10/news and other news.

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3. Guest
March 22, 2015, 10:21PM

Quotes TOOTER IS PUTTING COMMENTS IN HERE "AGAIN" ABOUT HOW HE IS DOING SUCH A GREAT JOB-AND HE IS PRETENDING LIKE ITS SOMEONE ELSE PUTTING THEM IN. HOW "DESPERATE" YOU ARE ENLIGHTENED ONE!!!

4. Guest
March 22, 2015, 09:42PM

Quotes BYSD is a good BITCOIN stock to buy.

5. Guest
March 22, 2015, 01:39PM

Quotes I'd like to know/see sources Frodo. Please provide something that allows these comments to be verified.

6. Guest
March 21, 2015, 08:21PM

Quotes My name is IREDUCS and I'm a paid pumper on yahoo message board. Please stop telling the truth about erbb. It makes it harder for me and my coworkers to scam people, into buying this stock.

7. Guest
March 21, 2015, 08:17PM

Quotes Todor great work ERBB IS A SCAM

8. Guest
March 20, 2015, 08:31AM

Quotes TQ- nobody gives a shirt about BITCOIN, keep it to yourself!

9. Guest
March 20, 2015, 01:42AM

Quotes BYSD BITCOIN website is BITCOINZUSA.com, CLick on "Vault 51" to view its Vault 51 SECURE offline BITCOIN storage and Read NEWS near the bottom of its website.

BYSD launches its Vault 51 SECURE OFFLINE Bitcoin storage INTERNATIONALLY in thirty three(33) countries.

BYSD expands rapidly and becomes an INTERNATIONAL BITCOIN company.

BYSD is a good BITCOIN stock to buy.

10. Guest
March 20, 2015, 01:35AM

Quotes BYSD is a good BITCOIN stock to buy.
BYSD website is BITCOIZUSA.com. Click on "Vault 51" to view its vault 51 , when you're there, Read the news located near the bottom of its website.

BYSD launches its vault 51 SECURE offline storage INTERNATIONALLY in thirty three(33) countries:
1)In Japan on 3/10/2015
2)In Vietnam on 3/8/15
3)IN Singapore on 3/2/15
4)In Switzerland on 2/22/15
5)In the E.U. on 2/25/15 (28 countries)
6)In the United Kingdom 7)IN Germany 8)In Canada 9) In the USA.
(SOURCE: Yahoo.finance, Type in BYSD, Read 3/10/15 news and click on "Vault 51" to view its vault 51 ).
BYSD expands rapidly and become an INTERNATIONAL BITCOIN company.
BYSD is a good BITCOIN stock to buy.

11. Guest
March 19, 2015, 10:34PM

Quotes Hey todor! if your mother have buy ERBB SHARE SURE YOU WILL SHUT UP

12. Guest
March 19, 2015, 04:45PM

Quotes Hey todor! Do you have any friends? Now that you have ran down erbb under a penny. Just buy some erbb shares. Then once you do that. Then shut up!!!

13. Guest
March 19, 2015, 02:52PM

Quotes Put the "Power of the Pen" to do good, not to destroy and you might enjoy life a little more!

14. Guest
March 19, 2015, 11:13AM

Quotes Todor Pichurov you are mother sucker and will die soon

15. Guest
March 19, 2015, 10:28AM

Quotes Todo- who are you pimping yourself out to?

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