American Green Inc (ERBB)

[Long-vestor]

39,896,589,042 (39.8 billion) Fully Diluted Outstanding (FDO)

Ref June 30 2016 10K: http://www.otcmarkets.com/financialReportViewer?symbol=ERBB&id=160795

At June 30, 2016, 7,247,693,042 common shares issued and outstanding


June 30, 2016 LIABILITIES

CURRENT

Loans from shareholders $1,992,818
Debentures payable and accrued interest $6,169,406

$6,169,406 + $1,992,818 = $8,162,224

The debentures accrue interest at 10% per annum and will convert into the company’s common stock at 50% of the lowest closing bid price 12 months before the conversion date.

Lowest closing bid price in past 12 months = .0005 - 50% = .00025

$8,162,224 / .00025 = 32,648,896,000

32,648,896,000 + 7,247,693,042 = 39,896,589,042 (3.8 billion) Fully diluted outstanding