American Green Inc (ERBB)

[IBurnPurpleKush]

haha! $58,106,263-$232,425,054 WORTH OF SHARES GIVEN TO DEBENTURE DEBT HOLDERS. ALL OF THE DEBENTURE DEBTS HAVE BEEN CONVERTED AT 0.0004-0.0013 SO FAR. THEY HAVE A LOT MORE DEBENTURE DEBT THAT CONVERTS AT THE 18 MONTH LOW OR 360 DAY LOW + THEY GET A 50 PERCENT DISCOUNT WHEN THEY CONVERT . THAT IS WHY I BELIEVE ERBB WILL CONTINUE TO DROP LONG TERM. MORE SHARES CONVERTED = MORE DILUTION. GLTA

GO TO PAGE 12-17.

https://www.otcmarkets.com/financialReportViewer?symbol=ERBB&id=120695

During the quarter ended June 30, 2012, a total of 206,414,686 common shares were issued in settlement of
$265,191 of principal and $1,008 of accrued interest on three outstanding debentures of the Company.

265,191 ÷ 206,414,686 = 0.0012847487

During the quarter ended September 30, 2012, a total of 220,238,267 common shares were issued in settlement of
$115,553 of principal and accrued interest on four debentures of the Company.

115,553 ÷ 220,238,267 = 0.00052467267

During the quarter ended December 31, 2012, a total of 635,000,000 common shares were issued in settlement of
$310,082 of principal and $39,343 of accrued interest on four outstanding debentures of the Company resulting in one
of the debentures being paid in full.

310,082 ÷ 635,000,000 = 0.00048831811


During the quarter ended March 31, 2013 the Company paid down $314,700 of debentures payable along with
accrued interest on the debentures of $29,050 under five separate conversion notices with the issuance of
625,000,000 common shares.

314,700 ÷ 625,000,000 = 0.00050352

During the quarter ended June 30, 2013 the Company paid down $85,410 of debentures payable along with accrued
interest on the debentures of $14,278 under three separate conversion notices totaling the issuance of 181,250,000
common shares.

85,410 ÷ 181,250,000 = 0.00047122758

During the quarter ended September 30, 2013, the Company issued 14,471,743 restricted common shares to its
directors for services valued at $70,635, 216,514,545 common shares to retire $117,500 in outstanding debenture
debt and accrued interest and 2,832,552 restricted common shares valued at $10,000 for consulting services.

117,500 ÷ 216,514,545 = 0.00054268871

During the quarter ended December 31, 2013 the Company paid down $211,396 of debentures payable along with
accrued interest on the debentures of $36,104 under four separate conversion notices totaling the issuance of
450,000,000 common shares.

211,396 ÷ 450,000,000 = 0.00046976888

During the quarter ended March 31, 2014, the Company issued 370,895,682 common shares to retire $203,993 of
debenture debt and accrued interest to various debenture holders.

203,993 ÷ 370,895,682 = 0.00055000101

370,895,682+
450,000,000+
216,514,545+
181,250,000+
625,000,000+
635,000,000+
220,238,267+
206,414,686

=2,905,313,180 shares

2,905,313,180 x 0.02 = 58,106,263 MILLION DOLLARS

2,905,313,180 x 0.04 = 116,212,527 MILLION DOLLARS

2,905,313,180 x 0.08 = 232,425,054 MILLION DOLLARS

12/10/13- the pps was 0012. that means that for them to be able to convert at 0.0006 they have to convert before 18 months or 360 trading days.

6/10/14 6 months

12/10/14 12 months

6/10/15 18 months

DILUTION at its finest!

Definition of 'Dilution'

A reduction in the ownership percentage of a share of stock caused by the issuance of new stock. Dilution can also occur when holders of stock options (such as company employees) or holders of other optionable securities exercise their options. When the number of shares outstanding increases, each existing stockholder will own a smaller, or diluted, percentage of the company, making each share less valuable. Dilution also reduces the value of existing shares by reducing the stock's earnings per share.

they get to convert at 18 month or 360 day low. plus they get a 50 percent discount when they convert

Quote:
The debentures accrues interest at 10% per annum and can convert into the company’s common stock at 50% of the lowest closing bid price 360 trading days before the conversion date.

The debentures accrues interest at 10% per annum and will convert into the company’s common stock at 50% of the lowest closing bid price 18 months before the conversion date