American Green, Inc. (OTCMKTS:ERBB) Down a Quarter Over Four Days

Friday trading did not bring a reversal for American Green, Inc. (OTCMKTS:ERBB). The company sailed another 4% in the red and closed the week at $0.015 per share, effectively shedding nearly 25% in four consecutive sessions.

The company just dropped a new press release. It announces that ERBB will be managing a 20,000 square foot facility for growing marijuana in Nevada. The owner of the site is a certain Urban Hills LLC, a private company. The agreement, ‘once fully implemented’, will bring an estimated $20 thousand in monthly revenues into ERBB‘s coffers.

This is good news for ERBB as any extra revenue is welcome, especially considering the supposed main revenue engine for the company is still dormant. The Zazzz vending machine, the reason why most ERBB investors hold the company’s stock, is still being worked on. Sadly, the company missed the third launch date for the Zazzz. The machine was supposed to roll out on two different dates this summer but the company simply sailed past those and explained that ‘technology got in the way’ of the launch.

The improved Mach 2 version of the machine was supposed to be out in multiple dispensaries across the U.S. by the end of October, according to the company’s own PR. The latest information on the launch is that the Zazzz should be dispatched to those who allegedly placed orders sometime in ‘early December’.

ERBB‘s next quarterly report is due this week, so there are further catalysts for the share price movement within the immediate future.