Not Rumors. Fact AG has NOT Acquired Companies
They have confirmed it themselves.
From Yo credit card to OG Tea to Proxima RF to Track X to Green Universe, NONE OF THESE ACQUISITIONS HAVE BEEN "EXECTUED" DESPITE THE LIES FROM AMERICAN GREEN!
From the 2015 annual report:
"NOTE 10. IMPAIRMENT OF INVESTMENTS
OneBode Companies
On July 7, 2014 the Company announced that it sold OneBode Holdings LLC and OneBode Ventures LLC for $3,500,000 to the Healthy Home Company. The Agreement provides for Healthy Home to pay a minimum of $10,000 a month until the remaining balance of the sale price was due during July 2016. Healthy Homes was unable to complete the acquisition of the One Bode Companies. The Company has expensed its costs in the OneBode Companies totaling $4,306,929.
Yo Corporation
On October 30, 2013 the Company issued 22,448,213 shares of common stock valued at $45,000 as a partial purchase to shareholders of YO Corporation. The final payment of 37,739,546 common shares was issued on March 9, 2015 for the remaining outstanding common shares of Yo Corporation. The Company expensed the entire acquisition cost of $373,334 Yo Corporation because of the undetermined amount of costs needed to get the Master Card accepted by vendors.
OG Tea
On September 10, 2014, the company acquired OG Tea, Inc. that sells its own proprietary blend of microbial nutrients primarily designed for the cannabis growing industry to accelerate plant growth. The cost of acquiring all of the outstanding shares of OG Tea is $100,000 of cash, $1,500,000 of the Company’s common shares based on the trailing thirty (30) day average strike price as of the Effective Date and the assumption of its liabilities of approximately $321,000. In the event that Seller’s net revenues exceed $1,000,000 during the twelve months following the Effective Date, then Buyer shall pay a performance bonus of $400,000 for that year. The Company had paid the entire cash part of the acquisition but no common shares toward the acquisition resulting in an impairment of its investment and costs involved in OG Tea totaling $100,000.
American Green Universe
On July 1, 2014, the Company acquired Green Universe Inc. that is a Hydroponic retail store in Sonoma, California. The Company paid $70,000 in cash and incurred additional costs resulting in an impairment of its investment of $132,709. The Company does not carry any goodwill or intangible costs from its acquisition of
Green Universe Inc.
Copy Protection Software
The Company impaired its remaining costs for the development of copy protection software with specific application to the record industry totaling $518,192.
NOTE 11. SUBSEQUENT EVENTS
On July 10, 2015 the Company issued 192,307,692 restricted common shares to the owners of Track X LLC valued at $750,000. The shares are held in an escrow account pending resolution of the acquisition agreement between Track X LLC and the Company. See Note 5 “Escrow Deposits”.
During August 2015 the Company issued 406,191,069 common shares to retire $412,333 of debentures outstanding comprised of $350,000 in principal and $62,333 in accrued interest.
On July 7, 2015 the Company increased its authorized common shares to 7,750,000.
At September 22, 2015 the Company had 5,180,329,621 outstanding common shares and 6,500,000 preferred shares.
