Couldn't get better
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Another DTC CHILL IN THE WORKS for this proven scam?
The reward is a 1000/1 Reverse split for anyone stupid enough to hold onto a pink sheet stock for a year, especially a known and proven scam like AG...
A marathon from .11 to .0005.... LMAO! Don't you think issuing shares for 50% off the lowest 52 week closing price is indicative of a scam? LMAO i sure do...
NOW-DEBENTURES-ISSUED-FOR-.00025!!!! AND STILL OVER 30 BILLION MORE TO BE DUMPED! THE MARCH TO .0001 BEFORE THE NEXT REVERSE SPLIT CONTINUES! ISSUING SHARES FOR 50% OFF THE LOWEST 52 WEEK CLOSING PRICE... WHAT A SCAM!
http://www.otcmarkets.com/financialReportViewer?symbol=ERBB&id=155074
Outstanding Debentures
On December 31, 2010, the Company issued a debenture payable for $162,706 for cash advances during the 2010
calendar year. The debenture 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 Holder is restricted from any
conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the Company after
the conversion. During the quarter ended September 30, 2012, the Company issued 6,666,667 common shares
valued at $6,667 reducing the principal by $1,092 and accrued interest $5,575. At September 30, 2012, the Company
owed the Holder $4,324 in principal and $7,816 in accrued interest. During the quarter ended June 30, 2013, the
Holder converted $590 of principal and $2,848 of accrued interest for 6,250,000 common shares of the Company.
During the quarter ended December 31, 2013 the debenture accrued $108 in accrued interest resulting in the
Company owing $4,324 in principal and $8,462 in accrued interest at December 31, 2013. The Company paid off the
debenture during the quarter ended March 31, 2014 by issuing 7,861,818 common shares for $4,324 of principal and
15,385,455 common shares for $8,462 of accrued interest through the end of the same quarter. On January 29, 2015,
28,800,000 common shares were returned to the Company that had been originally issued from a conversion of this
debenture on April 27, 2012. The amount of the debenture was increased by $28,800 representing the amount of the
reduction of the debenture at the time of its conversion on April 27, 2012. No gain or loss was recognized by the
Company in the transaction. During the quarter ended March 31, 2016 the debenture accrued $720 of interest
resulting in the debenture having $28,800 in principal and $2,880 in accrued interest outstanding at March 31, 2016.
On April 24, 2014 the Company issued a debenture for $500,000 for cash in the same amount on the same date. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Interest expense during the quarter ended September 30, 2014 was $12,500. Since July 1, 2014 the Debenture has
accrued $15,500 of interest during each quarter. During the quarter ended June 30, 2015 the debenture accrued
$20,833 in interest. Also, the Holder converted $30,000 of accumulated accrued interest into 9,677,419 common
shares. During the quarter ended September 30, 2015, the Holder converted $110,000 of principal for 99,490,662
common shares and $28,333 of accrued interest for 18,279,355 common shares. During the quarter ended March 31,
2016 the debenture accrued $9,750 of interest resulting in the debenture having $390,000 in principal and $30,750 in
accrued interest outstanding at March 31, 2016.
Also on April 24, 2014 the Company issued a debenture for $310,000 for cash advanced to Company from April 3,
2014 to April 23, 2014. The debenture accrues 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. The Holder is restricted
from any conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the
Company after the conversion. During the quarter ended December 31, 2015 the Company effected two conversions
totaling $182,083 comprised of $138,166 in principal and $43,917 in accrued interest. During the quarter ended March
31, 2016 the debenture accrued interest of $2,305 and the Company paid $79,636 in principal and $2,864 in accrued
interest by issuing 150,000,000 common shares resulting in $2,305 of accrued interest and $92,198 in principal
outstanding at March 31, 2016.
On September 30, 2014 the Company issued a debenture for $550,000 for cash advances during the quarter. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. Since
its inception the Debenture has been accruing interest at $13,750 each quarter. During the quarter ended March 31,
2016 the debenture accrued interest of $12,500 and the Company paid $50,000 in principal and $68,750 in accrued
interest by issuing 215,909,091 common shares resulting in $12,500 of accrued interest and $500,000 in principal
outstanding at March 31, 2016.
On September 30, 2014 the Company issued a debenture for $127,177 for expenses paid on behalf of the Company
during the quarter. The debenture accrues 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. The Holder is restricted from any
conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the Company after
the conversion. Since its inception the Debenture has been accruing interest at $3,179 each quarter. During the
quarter ended March 31, 2016 the debenture accrued interest of $1,529 and the Company paid $66,000 in principal
and $15,897 in accrued interest by issuing 148,903,606 common shares resulting in $1,530 of accrued interest and
$61,177 in principal outstanding at March 31, 2016.
On September 30, 2014 the Company issued a debenture for $210,000 for services in the same amount on the same
rendered from January 1, 2012 through December 31, 2013. The debenture accrues 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. The Holder is restricted from any conversions that would result in the Holder owning over 9.9% of the
outstanding common shares of the Company after the conversion. During the quarter ended March 31, 2016 the
debenture accrued $5,250 of interest resulting in the debenture having $210,000 in principal and $31,500 in accrued
interest outstanding at March 31, 2016.
On October 30, 2014 the Company issued a debenture for $300,000 for three cash advances during October 2014.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
During the quarter ended March 31, 2016 the debenture accrued interest of $6,750 and the Company paid $30,000 in
principal and $25,000 in accrued interest by issuing 100,000,000 common shares resulting in $6,750 of accrued
interest and $270,000 in principal outstanding at March 31, 2016.
On November 25, 2014 the Company issued a debenture for $170,000 for two cash advances during November 2014.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
During the quarter ended March 31, 2016 the debenture accrued $4,250 of interest resulting in the debenture having
$170,000 in principal and $21,250 in accrued interest outstanding at March 31, 2016.
On December 1, 2014 the Company issued a debenture for $125,000 for two cash advances during the quarter ended
December 31, 2014. The debenture accrues 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. The Holder is restricted from any
conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the Company after
the conversion. Since its inception the debenture accrued $3,125 of interest during each quarter. During the quarter
ended March 31, 2016 the debenture accrued $3,125 of interest resulting in the debenture having $125,000 in
principal and $15,625 in accrued interest outstanding at March 31, 2016.
On December 19, 2014 the Company issued a debenture for $275,000 for five cash advances during the December
2014. The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
During the quarter ended March 31, 2016 the debenture accrued $6,875 of interest resulting in the debenture having
$275,000 in principal and $34,375 in accrued interest outstanding at March 31, 2016.
On January 9, 2015 the Company issued a debenture for $100,000 for a cash advance. The debenture accrues
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. The Holder is restricted from any conversions that would result in the Holder
owning over 9.9% of the outstanding common shares of the Company after the conversion. At December 31, 2015,
the Debenture had $100,000 of principal and $9,167 of accrued interest outstanding. During the quarter ended March
31, 2016 the debenture accrued $2,500 of interest resulting in the debenture having $100,000 in principal and $11,667
in accrued interest outstanding at March 31, 2016.
On January 30, 2015 the Company issued a debenture for $175,000 for three cash advances during the January
2015. The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
During the quarter ended March 31, 2016 the debenture accrued $4,375 of interest resulting in the debenture having
$175,000 in principal and $20,416 in accrued interest outstanding at March 31, 2016.
On February 24, 2015 the Company issued a debenture for $155,000 for two cash advances during February 2015.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture accrued $3,875 of interest during each quarter. During the quarter ended March 31,
2016 the debenture accrued $3,875 of interest resulting in the debenture having $155,000 in principal and $16,792 in
accrued interest outstanding at March 31, 2016.
On March 31, 2015 the Company issued a debenture for $353,000 for four cash advances during March 2015. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. Since
its inception the debenture accrued $8,825 of interest during each quarter. During the quarter ended March 31, 2016
the debenture accrued $8,825 of interest resulting in the debenture having $353,000 in principal and $35,300 in
accrued interest outstanding at March 31, 2016. On April 26, 2016, the debenture was sold to a different Holder and
the Company agreed to change the terms of the debenture to a restated principal balance of $398,450 that includes a
discounted interest rate and a due date of January 27, 2017.
On May 1, 2015 the Company issued a debenture for $105,000 for two cash advances during April 2015. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. During
the quarter ended March 31, 2016 the debenture accrued $2,625 of interest resulting in the debenture having
$105,000 in principal and $9,625 in accrued interest outstanding at March 31, 2016.
On May 1, 2015 the Company issued a debenture for $25,000 for a cash advance. The debenture accrues 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. The Holder is restricted from any conversions that would result in the Holder owning over
9.9% of the outstanding common shares of the Company after the conversion. Since its inception the debenture
accrued $625 of interest during each quarter. During the quarter ended March 31, 2016 the debenture accrued $625
of interest resulting in the debenture having $25,000 in principal and $2,292 in accrued interest outstanding at March
31, 2016.
On June 3, 2015 the Company issued a debenture for $180,000 for three cash advances. The debenture accrues
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. The Holder is restricted from any conversions that would result in the Holder
owning over 9.9% of the outstanding common shares of the Company after the conversion. During the quarter ended
March 31, 2016 the debenture accrued $4,500 of interest resulting in the debenture having $180,000 in principal and
$13,500 in accrued interest outstanding at March 31, 2016.
On June 30, 2015 the Company issued a debenture for $200,000 for three cash advances. The debenture accrues
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. The Holder is restricted from any conversions that would result in the Holder
owning over 9.9% of the outstanding common shares of the Company after the conversion. During the quarter ended
March 31, 2016 the debenture accrued $5,000 of interest resulting in the debenture having $200,000 in principal and
$15,000 in accrued interest outstanding at March 31, 2016.
On June 26, 2015 the Company issued a debenture for $165,000 for a $150,000 cash advance. The debenture will
convert into the company’s common stock at 50% of the lowest closing bid price 12 months before the conversion
date but can’t convert below $.000825 per common share. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion and is
due June 25, 2016. At March 31, 2016, the Debenture had $161,250 of principal outstanding that includes imputed
interest.
On June 30, 2015 the Company issued a debenture for $240,000 for services rendered from July 1, 2014 through
June 30, 2015. The debenture accrues 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. The Holder is restricted from any
conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the Company after
the conversion. Since its inception the debenture will accrue $6,000 of interest during each quarter. During the quarter
ended March 31, 2016 the debenture accrued $6,000 of interest resulting in the debenture having $240,000 in
principal and $18,000 in accrued interest outstanding at March 31, 2016.
On June 30, 2015 the Company issued a debenture for $226,966 for expenses paid on behalf of the Company from
April 1, 2014 through June 30, 2014. The debenture accrues 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. The Holder is
restricted from any conversions that would result in the Holder owning over 9.9% of the outstanding common shares of
the Company after the conversion. During the quarter ended March 31, 2016 the debenture accrued $5,674 of interest
resulting in the debenture having $226,966 in principal and $17,022 in accrued interest outstanding at March 31,
2016.
On June 30, 2015 the Company issued a debenture for $120,000 for services rendered from January 1, 2014 through
December 31, 2014. The debenture accrues 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. The Holder is restricted from any
conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the Company after
the conversion. Since its inception the debenture will accrue $3,000 of interest during each quarter. During the quarter
ended March 31, 2016 the debenture accrued $3,000 of interest resulting in the debenture having $120,000 in
principal and $9,000 in accrued interest outstanding at March 31, 2016.
On July 31, 2015 the Company issued a debenture for $85,000 for cash advances during July 2015. The debenture
accrues 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. The Holder is restricted from any conversions that would result in the
Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. Since its inception
the debenture will accrue $2,125 of interest during each quarter. During the quarter ended March 31, 2016 the
debenture accrued $2,125 of interest resulting in the debenture having $85,000 in principal and $4,250 in accrued
interest outstanding at March 31, 2016.
On August 31, 2015 the Company issued a debenture for $90,000 for cash advances during August 2015. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. Since
its inception the debenture will accrue $2,250 of interest during each quarter. During the quarter ended March 31,
2016 the debenture accrued $2,250 of interest resulting in the debenture having $90,000 in principal and $4,500 in
accrued interest outstanding at March 31, 2016.
On August 31, 2015 the Company issued a debenture for $20,000 for cash advances during August 2015. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. Since
its inception the debenture will accrue $500 of interest during each quarter. During the quarter ended March 31, 2016
the debenture accrued $500 of interest resulting in the debenture having $20,000 in principal and $1,000 in accrued
interest outstanding at March 31, 2016.
On September 13, 2015 the Company issued a debenture for $20,000 for cash advances during September 2015.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture will accrue $500 of interest during each quarter. During the quarter ended March 31,
2016 the debenture accrued $500 of interest resulting in the debenture having $20,000 in principal and $1,000 in
accrued interest outstanding at March 31, 2016.
On September 29, 2015 the Company issued a debenture for $60,000 for cash advances during September 2015.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture will accrue $1,500 of interest during each quarter. During the quarter ended March
31, 2016 the debenture accrued $1,500 of interest resulting in the debenture having $60,000 in principal and $3,000 in
accrued interest outstanding at March 31, 2016.
On September 30, 2015 the Company issued a debenture for $85,000 for cash advances during September 2015.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture will accrue $2,125 of interest during each quarter. During the quarter ended March
31, 2016 the debenture accrued $2,125 of interest resulting in the debenture having $85,000 in principal and $6,375 in
accrued interest outstanding at March 31, 2016.
On October 31, 2015 the Company issued two debentures for $83,000 totaling 166,000 for five cash advances during
October 2015. Each debenture accrues 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. The Holders are restricted from any
conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the Company after
the conversion. Since their inception the debentures will accrue a total of $4,150 of interest during each quarter.
During the quarter ended March 31, 2016 the debentures accrued $4,150 of interest resulting in the debentures
having $166,000 in principal and $6,916 in accrued interest outstanding at March 31, 2016.
On November 30, 2015 the Company issued a debenture for $60,000 for two cash advances during November 2015.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture will accrue $1,500 of interest during each quarter. During the quarter ended March
31, 2016 the debenture accrued $500 of interest resulting in the debenture having $60,000 in principal and $1,000 in
accrued interest outstanding at March 31, 2016.
On November 30, 2015 the Company issued a debenture for $72,500 for two cash advances during November 2015.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture will accrue $1,812 of interest during each quarter. During the quarter ended March
31, 2016 the debenture accrued $1,813 of interest resulting in the debenture having $72,500 in principal and $2,417 in
accrued interest outstanding at March 31, 2016.
On December 31, 2015 the Company issued a debenture for $115,000 for four cash advances during December
2015. The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture will accrue $2,875 of interest during each quarter. During the quarter ended March
31, 2016 the debenture accrued $2,875 of interest resulting in the debenture having $115,000 in principal and $2,875
in accrued interest outstanding at March 31, 2016.
On December 31, 2015 the Company issued a debenture for $40,000 for three cash advances during December
2015. The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture will accrue $1,000 of interest during each quarter. During the quarter ended March
31, 2016 the debenture accrued $1,000 of interest resulting in the debenture having $40,000 in principal and $1,000 in
accrued interest outstanding at March 31, 2016.
On January 31, 2016 the Company issued a debenture for $107,500 for cash advances during January 2016. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. During
the quarter ended March 31, 2016 the debenture accrued $150 of interest resulting in the debenture having $90,000 in
principal and $150 in accrued interest outstanding at March 31, 2016.
On January 31, 2016 the Company issued a debenture for $32,500 for cash advances during January 2016. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. During
the quarter ended March 31, 2016 the debenture accrued $542 of interest resulting in the debenture having $32,500 in
principal and $542 in accrued interest outstanding at March 31, 2016.
On February 28, 2016 the Company issued a debenture for $122,000 for cash advances during February 2016. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. During
the quarter ended March 31, 2016 the debenture accrued $1,016 of interest resulting in the debenture having
$122,000 in principal and $1,016 in accrued interest outstanding at March 31, 2016.
On February 28, 2016 the Company issued a debenture for $112,000 for cash advances during February 2016. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. During
the quarter ended March 31, 2016 the debenture accrued $933 of interest resulting in the debenture having $112,000
in principal and $933 in accrued interest outstanding at March 31, 2016.
On March 31, 2016 the Company issued a debenture for $232,398 for cash advances during March 2016. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. During
the quarter ended March 31, 2016 the debenture accrued no interest resulting in the debenture having $232,398 in
principal and no accrued interest outstanding at March 31, 2016.
On March 31, 2016 the Company issued a debenture for $40,500 for cash advances during March 2016. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. During
the quarter ended March 31, 2016 the debenture accrued no interest resulting in the debenture having $40,500 in
principal and no accrued interest outstanding at March 31, 2016.
This-SCAM-keeps-KRANKEN-OUT-WORTHLESS-SHARES!
Boom Boom Boom! GOING FOR BROKE! LMAO!
ERBB DOWN 28.57%-IN-EARLY-TRADING---- OUCH JUST OUCH!
ANOTHER NEW 52 WEEK LOW, MORE DILUTION AND STILL NOTHING ACCOMPLISHED... IN 18 YEARS OF THIS COMPANIES HISTORY THEY HAVE DONE NOTHING... BUT LIE TO SHAREHOLDERS AND ISSUE WORTHLESS SHARES...
ANOTHER NEW 52 WEEK LOW, DOWN-95%-THIS-YEAR-ALONE... FROM-.11 TO .0005 AND HEADING TO .0001... LMAO! SP!
.0005's on the bid, the SCAM marches on with no products and no income..
Massive EOD dumping.. Again... The dilution machine keeps KRANKEN out these worthless shares.
DD REPORT: SCAM WARNING
American Green is 18 years old.
American Green has changed names 8 times
American Green has had 2 Reverse Splits
American Green is 30 Million in Debt
American Green's T/A is gagged to hide the true share count
American Green has 5 thousand dollars in the bank
American Green has another 10 Billion shares to dump putting the share count around 18 Billion
http://www.otcmarkets.com/stock/ERBB/profile
http://www.otcmarkets.com/financialReportViewer?symbol=ERBB&id=150858
Outstanding Debentures
On December 31, 2010, the Company issued a debenture payable for $162,706 for cash advances during the 2010
calendar year. The debenture 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 Holder is restricted from any
conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the Company after
the conversion. During the quarter ended September 30, 2012, the Company issued 6,666,667 common shares
valued at $6,667 reducing the principal by $1,092 and accrued interest $5,575. At September 30, 2012, the Company
owed the Holder $4,324 in principal and $7,816 in accrued interest. During the quarter ended June 30, 2013, the
Holder converted $590 of principal and $2,848 of accrued interest for 6,250,000 common shares of the Company.
During the quarter ended December 31, 2013 the debenture accrued $108 in accrued interest resulting in the
Company owing $4,324 in principal and $8,462 in accrued interest at December 31, 2013. The Company paid off the
debenture during the quarter ended March 31, 2014 by issuing 7,861,818 common shares for $4,324 of principal and
15,385,455 common shares for $8,462 of accrued interest through the end of the same quarter. On January 29, 2015,
28,800,000 common shares were returned to the Company that had been originally issued from a conversion of this
debenture on April 27, 2012. The amount of the debenture was increased by $28,800 representing the amount of the
reduction of the debenture at the time of its conversion on April 27, 2012. No gain or loss was recognized by the
Company in the transaction. During the quarter ended December 31, 2015 the debenture accrued $720 of interest. At
December 31, 2015 the debenture had $28,800 in principal and $2,160 in accrued interest outstanding.
On April 24, 2014 the Company issued a debenture for $500,000 for cash in the same amount on the same date. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Interest expense during the quarter ended September 30, 2014 was $12,500. Since July 1, 2014 the Debenture has
accrued $15,500 of interest during each quarter. During the quarter ended June 30, 2015 the debenture accrued
$20,833 in interest. Also, the Holder converted $30,000 of accumulated accrued interest into 9,677,419 common
shares. During the quarter ended September 30, 2015, the Holder converted $110,000 of principal for 99,490,662
common shares and $28,333 of accrued interest for 18,279,355 common shares. At December 31, 2015 the
debenture had $390,000 in principal and $21,000 in accrued interest outstanding.
Also on April 24, 2014 the Company issued a debenture for $310,000 for cash advanced to Company from April 3,
2014 to April 23, 2014. The debenture accrues 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. The Holder is restricted
from any conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the
Company after the conversion. During the quarter ended December 31, 2015 the Company effected two conversions
totaling $182,083 comprised of $138,166 in principal and $43,917 in accrued interest. At December 31, 2015, the
debenture had $171,834 of principal and $2,864 of accrued interest outstanding.
On August 16, 2014 the Company issued a debenture for $100,000 for cash in the same amount on the same date.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the Debenture has been accruing interest at $2,500 each quarter. At December 31, 2015, the
debenture had $100,000 of principal and $12,500 of accrued interest outstanding.
On September 30, 2014 the Company issued a debenture for $550,000 for cash advances during the quarter. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. Since
its inception the Debenture has been accruing interest at $13,750 each quarter. At December 31, 2015, the debenture
had $550,000 of principal and $68,750 of accrued interest outstanding.
On September 30, 2014 the Company issued a debenture for $127,177 for expenses paid on behalf of the Company
during the quarter. The debenture accrues 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. The Holder is restricted from any
conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the Company after
the conversion. Since its inception the Debenture has been accruing interest at $3,179 each quarter. At December
31, 2015, the debenture had $127,177 of principal and $15,897 of accrued interest outstanding.
On September 30, 2014 the Company issued a debenture for $210,000 for services in the same amount on the same
rendered from January 1, 2012 through December 31, 2013. The debenture accrues 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. The Holder is restricted from any conversions that would result in the Holder owning over 9.9% of the
outstanding common shares of the Company after the conversion. At December 31, 2015, the Debenture had
$210,000 of principal and $26,250 of accrued interest outstanding.
On October 30, 2014 the Company issued a debenture for $300,000 for three cash advances during October 2014.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
At December 31, 2015, the Debenture had $300,000 of principal and $25,000 of accrued interest outstanding.
On November 25, 2014 the Company issued a debenture for $170,000 for two cash advances during November 2014.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
At December 31, 2015, the Debenture had $170,000 of principal and $17,000 of accrued interest outstanding.
On December 1, 2014 the Company issued a debenture for $125,000 for two cash advances during the quarter ended
December 31, 2014. The debenture accrues 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. The Holder is restricted from any
conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the Company after
the conversion. Since its inception the debenture accrued $3,125 of interest during each quarter. At December 31,
2015, the Debenture had $125,000 of principal and $12,500 of accrued interest outstanding.
On December 19, 2014 the Company issued a debenture for $275,000 for five cash advances during the December
2014. The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
At December 31, 2015, the Debenture had $275,000 of principal and $27,500 of accrued interest outstanding.
On January 9, 2015 the Company issued a debenture for $100,000 for a cash advance. The debenture accrues
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. The Holder is restricted from any conversions that would result in the Holder
owning over 9.9% of the outstanding common shares of the Company after the conversion. At December 31, 2015,
the Debenture had $100,000 of principal and $9,167 of accrued interest outstanding.
On January 30, 2015 the Company issued a debenture for $175,000 for three cash advances during the January
2015. The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
At December 31, 2015, the Debenture had $175,000 of principal and $16,041 of accrued interest outstanding.
On February 2, 2015 the Company issued a debenture for $20,000 for a cash advance. The debenture accrues
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. The Holder is restricted from any conversions that would result in the Holder
owning over 9.9% of the outstanding common shares of the Company after the conversion. Since its inception the
debenture accrued $500 of interest during each quarter. At December 31, 2015, the Debenture had $20,000 of
principal and $1,833 of accrued interest outstanding.
On February 24, 2015 the Company issued a debenture for $155,000 for two cash advances during February 2015.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture accrued $3,875 of interest during each quarter. At December 31, 2015, the
Debenture had $155,000 of principal and $12,917 of accrued interest outstanding.
On March 31, 2015 the Company issued a debenture for $353,000 for four cash advances during March 2015. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. Since
its inception the debenture accrued $8,825 of interest during each quarter. At December 31, 2015, the Debenture had
$353,000 of principal and $26,475 of accrued interest outstanding.
On May 1, 2015 the Company issued a debenture for $105,000 for two cash advances during April 2015. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. At
December 31, 2015, the Debenture had $105,000 of principal and $7,000 of accrued interest outstanding.
On May 1, 2015 the Company issued a debenture for $25,000 for a cash advance. The debenture accrues 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. The Holder is restricted from any conversions that would result in the Holder owning over
9.9% of the outstanding common shares of the Company after the conversion. Since its inception the debenture
accrued $625 of interest during each quarter. At December 31, 2015, the Debenture had $25,000 of principal and
$1,667 of accrued interest outstanding.
On June 3, 2015 the Company issued a debenture for $180,000 for three cash advances. The debenture accrues
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. The Holder is restricted from any conversions that would result in the Holder
owning over 9.9% of the outstanding common shares of the Company after the conversion. At December 31, 2015,
the Debenture had $180,000 of principal and $9,000 of accrued interest outstanding.
On June 30, 2015 the Company issued a debenture for $200,000 for three cash advances. The debenture accrues
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. The Holder is restricted from any conversions that would result in the Holder
owning over 9.9% of the outstanding common shares of the Company after the conversion. At December 31, 2015,
the Debenture had $200,000 of principal and $10,000 of accrued interest outstanding.
On June 26, 2015 the Company issued a debenture for $165,000 for a $150,000 cash advance. The debenture will
convert into the company’s common stock at 50% of the lowest closing bid price 12 months before the conversion
date but can’t convert below $.000825 per common share. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. At
December 31, 2015, the Debenture had $157,500 of principal outstanding that includes imputed interest.
On June 30, 2015 the Company issued a debenture for $240,000 for services rendered from July 1, 2014 through
June 30, 2015. The debenture accrues 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. The Holder is restricted from any
conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the Company after
the conversion. Since its inception the debenture will accrue $6,000 of interest during each quarter. At December 31,
2015, the Debenture had $240,000 of principal and $12,000 of accrued interest outstanding.
On June 30, 2015 the Company issued a debenture for $226,966 for expenses paid on behalf of the Company from
April 1, 2014 through June 30, 2014. The debenture accrues 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. The Holder is
restricted from any conversions that would result in the Holder owning over 9.9% of the outstanding common shares of
the Company after the conversion. At December 31, 2015, the Debenture had $226,966 of principal and $11,348
accrued interest outstanding.
On June 30, 2015 the Company issued a debenture for $120,000 for services rendered from January 1, 2014 through
December 31, 2014. The debenture accrues 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. The Holder is restricted from any
conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the Company after
the conversion. Since its inception the debenture will accrue $3,000 of interest during each quarter. At December 31,
2015, the Debenture had $120,000 of principal outstanding and $6,000 of accrued interest.
On July 31, 2015 the Company issued a debenture for $85,000 for cash advances during July 2015. The debenture
accrues 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. The Holder is restricted from any conversions that would result in the
Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. Since its inception
the debenture will accrue $2,125 of interest during each quarter. At December 31, 2015, the Debenture had $85,000
of principal and $2,125 of accrued interest outstanding.
On August 31, 2015 the Company issued a debenture for $90,000 for cash advances during August 2015. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. Since
its inception the debenture will accrue $2,250 of interest during each quarter. At December 31, 2015, the Debenture
had $90,000 of principal and $2,250 of accrued interest outstanding.
On August 31, 2015 the Company issued a debenture for $20,000 for cash advances during August 2015. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. Since
its inception the debenture will accrue $500 of interest during each quarter. At December 31, 2015, the Debenture had
$20,000 of principal and $500 of accrued interest outstanding.
On September 13, 2015 the Company issued a debenture for $20,000 for cash advances during September 2015.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture will accrue $500 of interest during each quarter. At December 31, 2015, the
Debenture had $20,000 of principal and $500 of accrued interest outstanding.
On September 29, 2015 the Company issued a debenture for $60,000 for cash advances during September 2015.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture will accrue $1,500 of interest during each quarter. At December 31, 2015, the
Debenture had $60,000 of principal and $1,500 of accrued interest outstanding.
On September 30, 2015 the Company issued a debenture for $85,000 for cash advances during September 2015.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture will accrue $2,125 of interest during each quarter. At December 31, 2015, the
Debenture had $85,000 of principal and $4,250 of accrued interest outstanding.
On October 31, 2015 the Company issued two debentures for $83,000 totaling 166,000 for five cash advances during
October 2015. Each debenture accrues 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. The Holders are restricted from any
conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the Company after
the conversion. Since their inception the debentures will accrue a total of $4,150 of interest during each quarter. At
December 31, 2015, the Debentures had $166,000 of principal and $2,766 of accrued interest outstanding.
On November 30, 2015 the Company issued a debenture for $60,000 for two cash advances during November 2015.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture will accrue $1,500 of interest during each quarter. At December 31, 2015, the
Debenture had $60,000 of principal and $500 of accrued interest outstanding.
On November 30, 2015 the Company issued a debenture for $72,500 for two cash advances during November 2015.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture will accrue $1,812 of interest during each quarter. At December 31, 2015, the
Debenture had $72,500 of principal and $604 of accrued interest outstanding.
On December 31, 2015 the Company issued a debenture for $115,000 for four cash advances during December
2015. The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture will accrue $2,875 of interest during each quarter. At December 31, 2015, the
Debenture had $115,000 of principal and no accrued interest outstanding.
On December 31, 2015 the Company issued a debenture for $40,000 for three cash advances during December
2015. The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture will accrue $1,000 of interest during each quarter. At December 31, 2015, the
Debenture had $115,000 of principal and no accrued interest outstanding.
Legit stocks will run, proven scams will not... The long path to .0001 will continue and then another 1000/1 Reverse Split like the last one.
You make me laugh too, after 2 years of nothing but lies the whole world knows this is a scam lol
You have been saying that from .045 down to .0006... I think we already know who is right...
Nope, More Dilution, More lies and the PPS will continue to go down to .0001
This scam is absolutely pathetic.
Great article, it hits on many of the aspects of this scam. There is no questions about it, this is a 100% proven scam.
DD REPORT: SCAM WARNING
American Green is 18 years old.
American Green has changed names 8 times
American Green has had 2 Reverse Splits
American Green is 30 Million in Debt
American Green's T/A is gagged to hide the true share count
American Green has 5 thousand dollars in the bank
American Green has another 10 Billion shares to dump putting the share count around 18 Billion
http://www.otcmarkets.com/stock/ERBB/profile
http://www.otcmarkets.com/financialReportViewer?symbol=ERBB&id=150858
Outstanding Debentures
On December 31, 2010, the Company issued a debenture payable for $162,706 for cash advances during the 2010
calendar year. The debenture 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 Holder is restricted from any
conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the Company after
the conversion. During the quarter ended September 30, 2012, the Company issued 6,666,667 common shares
valued at $6,667 reducing the principal by $1,092 and accrued interest $5,575. At September 30, 2012, the Company
owed the Holder $4,324 in principal and $7,816 in accrued interest. During the quarter ended June 30, 2013, the
Holder converted $590 of principal and $2,848 of accrued interest for 6,250,000 common shares of the Company.
During the quarter ended December 31, 2013 the debenture accrued $108 in accrued interest resulting in the
Company owing $4,324 in principal and $8,462 in accrued interest at December 31, 2013. The Company paid off the
debenture during the quarter ended March 31, 2014 by issuing 7,861,818 common shares for $4,324 of principal and
15,385,455 common shares for $8,462 of accrued interest through the end of the same quarter. On January 29, 2015,
28,800,000 common shares were returned to the Company that had been originally issued from a conversion of this
debenture on April 27, 2012. The amount of the debenture was increased by $28,800 representing the amount of the
reduction of the debenture at the time of its conversion on April 27, 2012. No gain or loss was recognized by the
Company in the transaction. During the quarter ended December 31, 2015 the debenture accrued $720 of interest. At
December 31, 2015 the debenture had $28,800 in principal and $2,160 in accrued interest outstanding.
On April 24, 2014 the Company issued a debenture for $500,000 for cash in the same amount on the same date. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Interest expense during the quarter ended September 30, 2014 was $12,500. Since July 1, 2014 the Debenture has
accrued $15,500 of interest during each quarter. During the quarter ended June 30, 2015 the debenture accrued
$20,833 in interest. Also, the Holder converted $30,000 of accumulated accrued interest into 9,677,419 common
shares. During the quarter ended September 30, 2015, the Holder converted $110,000 of principal for 99,490,662
common shares and $28,333 of accrued interest for 18,279,355 common shares. At December 31, 2015 the
debenture had $390,000 in principal and $21,000 in accrued interest outstanding.
Also on April 24, 2014 the Company issued a debenture for $310,000 for cash advanced to Company from April 3,
2014 to April 23, 2014. The debenture accrues 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. The Holder is restricted
from any conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the
Company after the conversion. During the quarter ended December 31, 2015 the Company effected two conversions
totaling $182,083 comprised of $138,166 in principal and $43,917 in accrued interest. At December 31, 2015, the
debenture had $171,834 of principal and $2,864 of accrued interest outstanding.
On August 16, 2014 the Company issued a debenture for $100,000 for cash in the same amount on the same date.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the Debenture has been accruing interest at $2,500 each quarter. At December 31, 2015, the
debenture had $100,000 of principal and $12,500 of accrued interest outstanding.
On September 30, 2014 the Company issued a debenture for $550,000 for cash advances during the quarter. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. Since
its inception the Debenture has been accruing interest at $13,750 each quarter. At December 31, 2015, the debenture
had $550,000 of principal and $68,750 of accrued interest outstanding.
On September 30, 2014 the Company issued a debenture for $127,177 for expenses paid on behalf of the Company
during the quarter. The debenture accrues 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. The Holder is restricted from any
conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the Company after
the conversion. Since its inception the Debenture has been accruing interest at $3,179 each quarter. At December
31, 2015, the debenture had $127,177 of principal and $15,897 of accrued interest outstanding.
On September 30, 2014 the Company issued a debenture for $210,000 for services in the same amount on the same
rendered from January 1, 2012 through December 31, 2013. The debenture accrues 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. The Holder is restricted from any conversions that would result in the Holder owning over 9.9% of the
outstanding common shares of the Company after the conversion. At December 31, 2015, the Debenture had
$210,000 of principal and $26,250 of accrued interest outstanding.
On October 30, 2014 the Company issued a debenture for $300,000 for three cash advances during October 2014.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
At December 31, 2015, the Debenture had $300,000 of principal and $25,000 of accrued interest outstanding.
On November 25, 2014 the Company issued a debenture for $170,000 for two cash advances during November 2014.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
At December 31, 2015, the Debenture had $170,000 of principal and $17,000 of accrued interest outstanding.
On December 1, 2014 the Company issued a debenture for $125,000 for two cash advances during the quarter ended
December 31, 2014. The debenture accrues 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. The Holder is restricted from any
conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the Company after
the conversion. Since its inception the debenture accrued $3,125 of interest during each quarter. At December 31,
2015, the Debenture had $125,000 of principal and $12,500 of accrued interest outstanding.
On December 19, 2014 the Company issued a debenture for $275,000 for five cash advances during the December
2014. The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
At December 31, 2015, the Debenture had $275,000 of principal and $27,500 of accrued interest outstanding.
On January 9, 2015 the Company issued a debenture for $100,000 for a cash advance. The debenture accrues
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. The Holder is restricted from any conversions that would result in the Holder
owning over 9.9% of the outstanding common shares of the Company after the conversion. At December 31, 2015,
the Debenture had $100,000 of principal and $9,167 of accrued interest outstanding.
On January 30, 2015 the Company issued a debenture for $175,000 for three cash advances during the January
2015. The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
At December 31, 2015, the Debenture had $175,000 of principal and $16,041 of accrued interest outstanding.
On February 2, 2015 the Company issued a debenture for $20,000 for a cash advance. The debenture accrues
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. The Holder is restricted from any conversions that would result in the Holder
owning over 9.9% of the outstanding common shares of the Company after the conversion. Since its inception the
debenture accrued $500 of interest during each quarter. At December 31, 2015, the Debenture had $20,000 of
principal and $1,833 of accrued interest outstanding.
On February 24, 2015 the Company issued a debenture for $155,000 for two cash advances during February 2015.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture accrued $3,875 of interest during each quarter. At December 31, 2015, the
Debenture had $155,000 of principal and $12,917 of accrued interest outstanding.
On March 31, 2015 the Company issued a debenture for $353,000 for four cash advances during March 2015. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. Since
its inception the debenture accrued $8,825 of interest during each quarter. At December 31, 2015, the Debenture had
$353,000 of principal and $26,475 of accrued interest outstanding.
On May 1, 2015 the Company issued a debenture for $105,000 for two cash advances during April 2015. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. At
December 31, 2015, the Debenture had $105,000 of principal and $7,000 of accrued interest outstanding.
On May 1, 2015 the Company issued a debenture for $25,000 for a cash advance. The debenture accrues 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. The Holder is restricted from any conversions that would result in the Holder owning over
9.9% of the outstanding common shares of the Company after the conversion. Since its inception the debenture
accrued $625 of interest during each quarter. At December 31, 2015, the Debenture had $25,000 of principal and
$1,667 of accrued interest outstanding.
On June 3, 2015 the Company issued a debenture for $180,000 for three cash advances. The debenture accrues
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. The Holder is restricted from any conversions that would result in the Holder
owning over 9.9% of the outstanding common shares of the Company after the conversion. At December 31, 2015,
the Debenture had $180,000 of principal and $9,000 of accrued interest outstanding.
On June 30, 2015 the Company issued a debenture for $200,000 for three cash advances. The debenture accrues
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. The Holder is restricted from any conversions that would result in the Holder
owning over 9.9% of the outstanding common shares of the Company after the conversion. At December 31, 2015,
the Debenture had $200,000 of principal and $10,000 of accrued interest outstanding.
On June 26, 2015 the Company issued a debenture for $165,000 for a $150,000 cash advance. The debenture will
convert into the company’s common stock at 50% of the lowest closing bid price 12 months before the conversion
date but can’t convert below $.000825 per common share. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. At
December 31, 2015, the Debenture had $157,500 of principal outstanding that includes imputed interest.
On June 30, 2015 the Company issued a debenture for $240,000 for services rendered from July 1, 2014 through
June 30, 2015. The debenture accrues 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. The Holder is restricted from any
conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the Company after
the conversion. Since its inception the debenture will accrue $6,000 of interest during each quarter. At December 31,
2015, the Debenture had $240,000 of principal and $12,000 of accrued interest outstanding.
On June 30, 2015 the Company issued a debenture for $226,966 for expenses paid on behalf of the Company from
April 1, 2014 through June 30, 2014. The debenture accrues 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. The Holder is
restricted from any conversions that would result in the Holder owning over 9.9% of the outstanding common shares of
the Company after the conversion. At December 31, 2015, the Debenture had $226,966 of principal and $11,348
accrued interest outstanding.
On June 30, 2015 the Company issued a debenture for $120,000 for services rendered from January 1, 2014 through
December 31, 2014. The debenture accrues 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. The Holder is restricted from any
conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the Company after
the conversion. Since its inception the debenture will accrue $3,000 of interest during each quarter. At December 31,
2015, the Debenture had $120,000 of principal outstanding and $6,000 of accrued interest.
On July 31, 2015 the Company issued a debenture for $85,000 for cash advances during July 2015. The debenture
accrues 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. The Holder is restricted from any conversions that would result in the
Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. Since its inception
the debenture will accrue $2,125 of interest during each quarter. At December 31, 2015, the Debenture had $85,000
of principal and $2,125 of accrued interest outstanding.
On August 31, 2015 the Company issued a debenture for $90,000 for cash advances during August 2015. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. Since
its inception the debenture will accrue $2,250 of interest during each quarter. At December 31, 2015, the Debenture
had $90,000 of principal and $2,250 of accrued interest outstanding.
On August 31, 2015 the Company issued a debenture for $20,000 for cash advances during August 2015. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. Since
its inception the debenture will accrue $500 of interest during each quarter. At December 31, 2015, the Debenture had
$20,000 of principal and $500 of accrued interest outstanding.
On September 13, 2015 the Company issued a debenture for $20,000 for cash advances during September 2015.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture will accrue $500 of interest during each quarter. At December 31, 2015, the
Debenture had $20,000 of principal and $500 of accrued interest outstanding.
On September 29, 2015 the Company issued a debenture for $60,000 for cash advances during September 2015.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture will accrue $1,500 of interest during each quarter. At December 31, 2015, the
Debenture had $60,000 of principal and $1,500 of accrued interest outstanding.
On September 30, 2015 the Company issued a debenture for $85,000 for cash advances during September 2015.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture will accrue $2,125 of interest during each quarter. At December 31, 2015, the
Debenture had $85,000 of principal and $4,250 of accrued interest outstanding.
On October 31, 2015 the Company issued two debentures for $83,000 totaling 166,000 for five cash advances during
October 2015. Each debenture accrues 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. The Holders are restricted from any
conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the Company after
the conversion. Since their inception the debentures will accrue a total of $4,150 of interest during each quarter. At
December 31, 2015, the Debentures had $166,000 of principal and $2,766 of accrued interest outstanding.
On November 30, 2015 the Company issued a debenture for $60,000 for two cash advances during November 2015.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture will accrue $1,500 of interest during each quarter. At December 31, 2015, the
Debenture had $60,000 of principal and $500 of accrued interest outstanding.
On November 30, 2015 the Company issued a debenture for $72,500 for two cash advances during November 2015.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture will accrue $1,812 of interest during each quarter. At December 31, 2015, the
Debenture had $72,500 of principal and $604 of accrued interest outstanding.
On December 31, 2015 the Company issued a debenture for $115,000 for four cash advances during December
2015. The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture will accrue $2,875 of interest during each quarter. At December 31, 2015, the
Debenture had $115,000 of principal and no accrued interest outstanding.
On December 31, 2015 the Company issued a debenture for $40,000 for three cash advances during December
2015. The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture will accrue $1,000 of interest during each quarter. At December 31, 2015, the
Debenture had $115,000 of principal and no accrued interest outstanding.
Whos ready for more dilution? The scam marches on.
Starting to think they are not releasing financials because 1. how bad they are 2. they don't want to release the updated share count. Its going to be awful!
DD REPORT: SCAM WARNING
American Green is 18 years old.
American Green has changed names 8 times
American Green has had 2 Reverse Splits
American Green is 30 Million in Debt
American Green's T/A is gagged to hide the true share count
American Green has 5 thousand dollars in the bank
American Green has another 10 Billion shares to dump putting the share count around 18 Billion
http://www.otcmarkets.com/stock/ERBB/profile
http://www.otcmarkets.com/financialReportViewer?symbol=ERBB&id=150858
Outstanding Debentures
On December 31, 2010, the Company issued a debenture payable for $162,706 for cash advances during the 2010
calendar year. The debenture 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 Holder is restricted from any
conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the Company after
the conversion. During the quarter ended September 30, 2012, the Company issued 6,666,667 common shares
valued at $6,667 reducing the principal by $1,092 and accrued interest $5,575. At September 30, 2012, the Company
owed the Holder $4,324 in principal and $7,816 in accrued interest. During the quarter ended June 30, 2013, the
Holder converted $590 of principal and $2,848 of accrued interest for 6,250,000 common shares of the Company.
During the quarter ended December 31, 2013 the debenture accrued $108 in accrued interest resulting in the
Company owing $4,324 in principal and $8,462 in accrued interest at December 31, 2013. The Company paid off the
debenture during the quarter ended March 31, 2014 by issuing 7,861,818 common shares for $4,324 of principal and
15,385,455 common shares for $8,462 of accrued interest through the end of the same quarter. On January 29, 2015,
28,800,000 common shares were returned to the Company that had been originally issued from a conversion of this
debenture on April 27, 2012. The amount of the debenture was increased by $28,800 representing the amount of the
reduction of the debenture at the time of its conversion on April 27, 2012. No gain or loss was recognized by the
Company in the transaction. During the quarter ended December 31, 2015 the debenture accrued $720 of interest. At
December 31, 2015 the debenture had $28,800 in principal and $2,160 in accrued interest outstanding.
On April 24, 2014 the Company issued a debenture for $500,000 for cash in the same amount on the same date. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Interest expense during the quarter ended September 30, 2014 was $12,500. Since July 1, 2014 the Debenture has
accrued $15,500 of interest during each quarter. During the quarter ended June 30, 2015 the debenture accrued
$20,833 in interest. Also, the Holder converted $30,000 of accumulated accrued interest into 9,677,419 common
shares. During the quarter ended September 30, 2015, the Holder converted $110,000 of principal for 99,490,662
common shares and $28,333 of accrued interest for 18,279,355 common shares. At December 31, 2015 the
debenture had $390,000 in principal and $21,000 in accrued interest outstanding.
Also on April 24, 2014 the Company issued a debenture for $310,000 for cash advanced to Company from April 3,
2014 to April 23, 2014. The debenture accrues 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. The Holder is restricted
from any conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the
Company after the conversion. During the quarter ended December 31, 2015 the Company effected two conversions
totaling $182,083 comprised of $138,166 in principal and $43,917 in accrued interest. At December 31, 2015, the
debenture had $171,834 of principal and $2,864 of accrued interest outstanding.
On August 16, 2014 the Company issued a debenture for $100,000 for cash in the same amount on the same date.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the Debenture has been accruing interest at $2,500 each quarter. At December 31, 2015, the
debenture had $100,000 of principal and $12,500 of accrued interest outstanding.
On September 30, 2014 the Company issued a debenture for $550,000 for cash advances during the quarter. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. Since
its inception the Debenture has been accruing interest at $13,750 each quarter. At December 31, 2015, the debenture
had $550,000 of principal and $68,750 of accrued interest outstanding.
On September 30, 2014 the Company issued a debenture for $127,177 for expenses paid on behalf of the Company
during the quarter. The debenture accrues 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. The Holder is restricted from any
conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the Company after
the conversion. Since its inception the Debenture has been accruing interest at $3,179 each quarter. At December
31, 2015, the debenture had $127,177 of principal and $15,897 of accrued interest outstanding.
On September 30, 2014 the Company issued a debenture for $210,000 for services in the same amount on the same
rendered from January 1, 2012 through December 31, 2013. The debenture accrues 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. The Holder is restricted from any conversions that would result in the Holder owning over 9.9% of the
outstanding common shares of the Company after the conversion. At December 31, 2015, the Debenture had
$210,000 of principal and $26,250 of accrued interest outstanding.
On October 30, 2014 the Company issued a debenture for $300,000 for three cash advances during October 2014.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
At December 31, 2015, the Debenture had $300,000 of principal and $25,000 of accrued interest outstanding.
On November 25, 2014 the Company issued a debenture for $170,000 for two cash advances during November 2014.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
At December 31, 2015, the Debenture had $170,000 of principal and $17,000 of accrued interest outstanding.
On December 1, 2014 the Company issued a debenture for $125,000 for two cash advances during the quarter ended
December 31, 2014. The debenture accrues 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. The Holder is restricted from any
conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the Company after
the conversion. Since its inception the debenture accrued $3,125 of interest during each quarter. At December 31,
2015, the Debenture had $125,000 of principal and $12,500 of accrued interest outstanding.
On December 19, 2014 the Company issued a debenture for $275,000 for five cash advances during the December
2014. The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
At December 31, 2015, the Debenture had $275,000 of principal and $27,500 of accrued interest outstanding.
On January 9, 2015 the Company issued a debenture for $100,000 for a cash advance. The debenture accrues
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. The Holder is restricted from any conversions that would result in the Holder
owning over 9.9% of the outstanding common shares of the Company after the conversion. At December 31, 2015,
the Debenture had $100,000 of principal and $9,167 of accrued interest outstanding.
On January 30, 2015 the Company issued a debenture for $175,000 for three cash advances during the January
2015. The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
At December 31, 2015, the Debenture had $175,000 of principal and $16,041 of accrued interest outstanding.
On February 2, 2015 the Company issued a debenture for $20,000 for a cash advance. The debenture accrues
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. The Holder is restricted from any conversions that would result in the Holder
owning over 9.9% of the outstanding common shares of the Company after the conversion. Since its inception the
debenture accrued $500 of interest during each quarter. At December 31, 2015, the Debenture had $20,000 of
principal and $1,833 of accrued interest outstanding.
On February 24, 2015 the Company issued a debenture for $155,000 for two cash advances during February 2015.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture accrued $3,875 of interest during each quarter. At December 31, 2015, the
Debenture had $155,000 of principal and $12,917 of accrued interest outstanding.
On March 31, 2015 the Company issued a debenture for $353,000 for four cash advances during March 2015. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. Since
its inception the debenture accrued $8,825 of interest during each quarter. At December 31, 2015, the Debenture had
$353,000 of principal and $26,475 of accrued interest outstanding.
On May 1, 2015 the Company issued a debenture for $105,000 for two cash advances during April 2015. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. At
December 31, 2015, the Debenture had $105,000 of principal and $7,000 of accrued interest outstanding.
On May 1, 2015 the Company issued a debenture for $25,000 for a cash advance. The debenture accrues 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. The Holder is restricted from any conversions that would result in the Holder owning over
9.9% of the outstanding common shares of the Company after the conversion. Since its inception the debenture
accrued $625 of interest during each quarter. At December 31, 2015, the Debenture had $25,000 of principal and
$1,667 of accrued interest outstanding.
On June 3, 2015 the Company issued a debenture for $180,000 for three cash advances. The debenture accrues
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. The Holder is restricted from any conversions that would result in the Holder
owning over 9.9% of the outstanding common shares of the Company after the conversion. At December 31, 2015,
the Debenture had $180,000 of principal and $9,000 of accrued interest outstanding.
On June 30, 2015 the Company issued a debenture for $200,000 for three cash advances. The debenture accrues
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. The Holder is restricted from any conversions that would result in the Holder
owning over 9.9% of the outstanding common shares of the Company after the conversion. At December 31, 2015,
the Debenture had $200,000 of principal and $10,000 of accrued interest outstanding.
On June 26, 2015 the Company issued a debenture for $165,000 for a $150,000 cash advance. The debenture will
convert into the company’s common stock at 50% of the lowest closing bid price 12 months before the conversion
date but can’t convert below $.000825 per common share. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. At
December 31, 2015, the Debenture had $157,500 of principal outstanding that includes imputed interest.
On June 30, 2015 the Company issued a debenture for $240,000 for services rendered from July 1, 2014 through
June 30, 2015. The debenture accrues 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. The Holder is restricted from any
conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the Company after
the conversion. Since its inception the debenture will accrue $6,000 of interest during each quarter. At December 31,
2015, the Debenture had $240,000 of principal and $12,000 of accrued interest outstanding.
On June 30, 2015 the Company issued a debenture for $226,966 for expenses paid on behalf of the Company from
April 1, 2014 through June 30, 2014. The debenture accrues 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. The Holder is
restricted from any conversions that would result in the Holder owning over 9.9% of the outstanding common shares of
the Company after the conversion. At December 31, 2015, the Debenture had $226,966 of principal and $11,348
accrued interest outstanding.
On June 30, 2015 the Company issued a debenture for $120,000 for services rendered from January 1, 2014 through
December 31, 2014. The debenture accrues 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. The Holder is restricted from any
conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the Company after
the conversion. Since its inception the debenture will accrue $3,000 of interest during each quarter. At December 31,
2015, the Debenture had $120,000 of principal outstanding and $6,000 of accrued interest.
On July 31, 2015 the Company issued a debenture for $85,000 for cash advances during July 2015. The debenture
accrues 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. The Holder is restricted from any conversions that would result in the
Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. Since its inception
the debenture will accrue $2,125 of interest during each quarter. At December 31, 2015, the Debenture had $85,000
of principal and $2,125 of accrued interest outstanding.
On August 31, 2015 the Company issued a debenture for $90,000 for cash advances during August 2015. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. Since
its inception the debenture will accrue $2,250 of interest during each quarter. At December 31, 2015, the Debenture
had $90,000 of principal and $2,250 of accrued interest outstanding.
On August 31, 2015 the Company issued a debenture for $20,000 for cash advances during August 2015. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. Since
its inception the debenture will accrue $500 of interest during each quarter. At December 31, 2015, the Debenture had
$20,000 of principal and $500 of accrued interest outstanding.
On September 13, 2015 the Company issued a debenture for $20,000 for cash advances during September 2015.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture will accrue $500 of interest during each quarter. At December 31, 2015, the
Debenture had $20,000 of principal and $500 of accrued interest outstanding.
On September 29, 2015 the Company issued a debenture for $60,000 for cash advances during September 2015.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture will accrue $1,500 of interest during each quarter. At December 31, 2015, the
Debenture had $60,000 of principal and $1,500 of accrued interest outstanding.
On September 30, 2015 the Company issued a debenture for $85,000 for cash advances during September 2015.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture will accrue $2,125 of interest during each quarter. At December 31, 2015, the
Debenture had $85,000 of principal and $4,250 of accrued interest outstanding.
On October 31, 2015 the Company issued two debentures for $83,000 totaling 166,000 for five cash advances during
October 2015. Each debenture accrues 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. The Holders are restricted from any
conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the Company after
the conversion. Since their inception the debentures will accrue a total of $4,150 of interest during each quarter. At
December 31, 2015, the Debentures had $166,000 of principal and $2,766 of accrued interest outstanding.
On November 30, 2015 the Company issued a debenture for $60,000 for two cash advances during November 2015.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture will accrue $1,500 of interest during each quarter. At December 31, 2015, the
Debenture had $60,000 of principal and $500 of accrued interest outstanding.
On November 30, 2015 the Company issued a debenture for $72,500 for two cash advances during November 2015.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture will accrue $1,812 of interest during each quarter. At December 31, 2015, the
Debenture had $72,500 of principal and $604 of accrued interest outstanding.
On December 31, 2015 the Company issued a debenture for $115,000 for four cash advances during December
2015. The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture will accrue $2,875 of interest during each quarter. At December 31, 2015, the
Debenture had $115,000 of principal and no accrued interest outstanding.
On December 31, 2015 the Company issued a debenture for $40,000 for three cash advances during December
2015. The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture will accrue $1,000 of interest during each quarter. At December 31, 2015, the
Debenture had $115,000 of principal and no accrued interest outstanding.
LIES, LIES AND MORE LIES,-THE-AMERICAN-GREEN-WAY
ERBB ON! down the toilet with no products, no income, massive losses and a share structure that should have its own area code...
Based on what? they still have no products, no revenues and just halted 4 projects, this is going to .0001
DD REPORT: SCAM WARNING
American Green is 18 years old.
American Green has changed names 8 times
American Green has had 2 Reverse Splits
American Green is 30 Million in Debt
American Green's T/A is gagged to hide the true share count
American Green has 5 thousand dollars in the bank
American Green has another 10 Billion shares to dump putting the share count around 18 Billion
http://www.otcmarkets.com/stock/ERBB/profile
http://www.otcmarkets.com/financialReportViewer?symbol=ERBB&id=150858
Outstanding Debentures
On December 31, 2010, the Company issued a debenture payable for $162,706 for cash advances during the 2010
calendar year. The debenture 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 Holder is restricted from any
conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the Company after
the conversion. During the quarter ended September 30, 2012, the Company issued 6,666,667 common shares
valued at $6,667 reducing the principal by $1,092 and accrued interest $5,575. At September 30, 2012, the Company
owed the Holder $4,324 in principal and $7,816 in accrued interest. During the quarter ended June 30, 2013, the
Holder converted $590 of principal and $2,848 of accrued interest for 6,250,000 common shares of the Company.
During the quarter ended December 31, 2013 the debenture accrued $108 in accrued interest resulting in the
Company owing $4,324 in principal and $8,462 in accrued interest at December 31, 2013. The Company paid off the
debenture during the quarter ended March 31, 2014 by issuing 7,861,818 common shares for $4,324 of principal and
15,385,455 common shares for $8,462 of accrued interest through the end of the same quarter. On January 29, 2015,
28,800,000 common shares were returned to the Company that had been originally issued from a conversion of this
debenture on April 27, 2012. The amount of the debenture was increased by $28,800 representing the amount of the
reduction of the debenture at the time of its conversion on April 27, 2012. No gain or loss was recognized by the
Company in the transaction. During the quarter ended December 31, 2015 the debenture accrued $720 of interest. At
December 31, 2015 the debenture had $28,800 in principal and $2,160 in accrued interest outstanding.
On April 24, 2014 the Company issued a debenture for $500,000 for cash in the same amount on the same date. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Interest expense during the quarter ended September 30, 2014 was $12,500. Since July 1, 2014 the Debenture has
accrued $15,500 of interest during each quarter. During the quarter ended June 30, 2015 the debenture accrued
$20,833 in interest. Also, the Holder converted $30,000 of accumulated accrued interest into 9,677,419 common
shares. During the quarter ended September 30, 2015, the Holder converted $110,000 of principal for 99,490,662
common shares and $28,333 of accrued interest for 18,279,355 common shares. At December 31, 2015 the
debenture had $390,000 in principal and $21,000 in accrued interest outstanding.
Also on April 24, 2014 the Company issued a debenture for $310,000 for cash advanced to Company from April 3,
2014 to April 23, 2014. The debenture accrues 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. The Holder is restricted
from any conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the
Company after the conversion. During the quarter ended December 31, 2015 the Company effected two conversions
totaling $182,083 comprised of $138,166 in principal and $43,917 in accrued interest. At December 31, 2015, the
debenture had $171,834 of principal and $2,864 of accrued interest outstanding.
On August 16, 2014 the Company issued a debenture for $100,000 for cash in the same amount on the same date.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the Debenture has been accruing interest at $2,500 each quarter. At December 31, 2015, the
debenture had $100,000 of principal and $12,500 of accrued interest outstanding.
On September 30, 2014 the Company issued a debenture for $550,000 for cash advances during the quarter. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. Since
its inception the Debenture has been accruing interest at $13,750 each quarter. At December 31, 2015, the debenture
had $550,000 of principal and $68,750 of accrued interest outstanding.
On September 30, 2014 the Company issued a debenture for $127,177 for expenses paid on behalf of the Company
during the quarter. The debenture accrues 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. The Holder is restricted from any
conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the Company after
the conversion. Since its inception the Debenture has been accruing interest at $3,179 each quarter. At December
31, 2015, the debenture had $127,177 of principal and $15,897 of accrued interest outstanding.
On September 30, 2014 the Company issued a debenture for $210,000 for services in the same amount on the same
rendered from January 1, 2012 through December 31, 2013. The debenture accrues 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. The Holder is restricted from any conversions that would result in the Holder owning over 9.9% of the
outstanding common shares of the Company after the conversion. At December 31, 2015, the Debenture had
$210,000 of principal and $26,250 of accrued interest outstanding.
On October 30, 2014 the Company issued a debenture for $300,000 for three cash advances during October 2014.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
At December 31, 2015, the Debenture had $300,000 of principal and $25,000 of accrued interest outstanding.
On November 25, 2014 the Company issued a debenture for $170,000 for two cash advances during November 2014.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
At December 31, 2015, the Debenture had $170,000 of principal and $17,000 of accrued interest outstanding.
On December 1, 2014 the Company issued a debenture for $125,000 for two cash advances during the quarter ended
December 31, 2014. The debenture accrues 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. The Holder is restricted from any
conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the Company after
the conversion. Since its inception the debenture accrued $3,125 of interest during each quarter. At December 31,
2015, the Debenture had $125,000 of principal and $12,500 of accrued interest outstanding.
On December 19, 2014 the Company issued a debenture for $275,000 for five cash advances during the December
2014. The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
At December 31, 2015, the Debenture had $275,000 of principal and $27,500 of accrued interest outstanding.
On January 9, 2015 the Company issued a debenture for $100,000 for a cash advance. The debenture accrues
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. The Holder is restricted from any conversions that would result in the Holder
owning over 9.9% of the outstanding common shares of the Company after the conversion. At December 31, 2015,
the Debenture had $100,000 of principal and $9,167 of accrued interest outstanding.
On January 30, 2015 the Company issued a debenture for $175,000 for three cash advances during the January
2015. The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
At December 31, 2015, the Debenture had $175,000 of principal and $16,041 of accrued interest outstanding.
On February 2, 2015 the Company issued a debenture for $20,000 for a cash advance. The debenture accrues
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. The Holder is restricted from any conversions that would result in the Holder
owning over 9.9% of the outstanding common shares of the Company after the conversion. Since its inception the
debenture accrued $500 of interest during each quarter. At December 31, 2015, the Debenture had $20,000 of
principal and $1,833 of accrued interest outstanding.
On February 24, 2015 the Company issued a debenture for $155,000 for two cash advances during February 2015.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture accrued $3,875 of interest during each quarter. At December 31, 2015, the
Debenture had $155,000 of principal and $12,917 of accrued interest outstanding.
On March 31, 2015 the Company issued a debenture for $353,000 for four cash advances during March 2015. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. Since
its inception the debenture accrued $8,825 of interest during each quarter. At December 31, 2015, the Debenture had
$353,000 of principal and $26,475 of accrued interest outstanding.
On May 1, 2015 the Company issued a debenture for $105,000 for two cash advances during April 2015. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. At
December 31, 2015, the Debenture had $105,000 of principal and $7,000 of accrued interest outstanding.
On May 1, 2015 the Company issued a debenture for $25,000 for a cash advance. The debenture accrues 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. The Holder is restricted from any conversions that would result in the Holder owning over
9.9% of the outstanding common shares of the Company after the conversion. Since its inception the debenture
accrued $625 of interest during each quarter. At December 31, 2015, the Debenture had $25,000 of principal and
$1,667 of accrued interest outstanding.
On June 3, 2015 the Company issued a debenture for $180,000 for three cash advances. The debenture accrues
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. The Holder is restricted from any conversions that would result in the Holder
owning over 9.9% of the outstanding common shares of the Company after the conversion. At December 31, 2015,
the Debenture had $180,000 of principal and $9,000 of accrued interest outstanding.
On June 30, 2015 the Company issued a debenture for $200,000 for three cash advances. The debenture accrues
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. The Holder is restricted from any conversions that would result in the Holder
owning over 9.9% of the outstanding common shares of the Company after the conversion. At December 31, 2015,
the Debenture had $200,000 of principal and $10,000 of accrued interest outstanding.
On June 26, 2015 the Company issued a debenture for $165,000 for a $150,000 cash advance. The debenture will
convert into the company’s common stock at 50% of the lowest closing bid price 12 months before the conversion
date but can’t convert below $.000825 per common share. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. At
December 31, 2015, the Debenture had $157,500 of principal outstanding that includes imputed interest.
On June 30, 2015 the Company issued a debenture for $240,000 for services rendered from July 1, 2014 through
June 30, 2015. The debenture accrues 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. The Holder is restricted from any
conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the Company after
the conversion. Since its inception the debenture will accrue $6,000 of interest during each quarter. At December 31,
2015, the Debenture had $240,000 of principal and $12,000 of accrued interest outstanding.
On June 30, 2015 the Company issued a debenture for $226,966 for expenses paid on behalf of the Company from
April 1, 2014 through June 30, 2014. The debenture accrues 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. The Holder is
restricted from any conversions that would result in the Holder owning over 9.9% of the outstanding common shares of
the Company after the conversion. At December 31, 2015, the Debenture had $226,966 of principal and $11,348
accrued interest outstanding.
On June 30, 2015 the Company issued a debenture for $120,000 for services rendered from January 1, 2014 through
December 31, 2014. The debenture accrues 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. The Holder is restricted from any
conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the Company after
the conversion. Since its inception the debenture will accrue $3,000 of interest during each quarter. At December 31,
2015, the Debenture had $120,000 of principal outstanding and $6,000 of accrued interest.
On July 31, 2015 the Company issued a debenture for $85,000 for cash advances during July 2015. The debenture
accrues 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. The Holder is restricted from any conversions that would result in the
Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. Since its inception
the debenture will accrue $2,125 of interest during each quarter. At December 31, 2015, the Debenture had $85,000
of principal and $2,125 of accrued interest outstanding.
On August 31, 2015 the Company issued a debenture for $90,000 for cash advances during August 2015. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. Since
its inception the debenture will accrue $2,250 of interest during each quarter. At December 31, 2015, the Debenture
had $90,000 of principal and $2,250 of accrued interest outstanding.
On August 31, 2015 the Company issued a debenture for $20,000 for cash advances during August 2015. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. Since
its inception the debenture will accrue $500 of interest during each quarter. At December 31, 2015, the Debenture had
$20,000 of principal and $500 of accrued interest outstanding.
On September 13, 2015 the Company issued a debenture for $20,000 for cash advances during September 2015.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture will accrue $500 of interest during each quarter. At December 31, 2015, the
Debenture had $20,000 of principal and $500 of accrued interest outstanding.
On September 29, 2015 the Company issued a debenture for $60,000 for cash advances during September 2015.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture will accrue $1,500 of interest during each quarter. At December 31, 2015, the
Debenture had $60,000 of principal and $1,500 of accrued interest outstanding.
On September 30, 2015 the Company issued a debenture for $85,000 for cash advances during September 2015.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture will accrue $2,125 of interest during each quarter. At December 31, 2015, the
Debenture had $85,000 of principal and $4,250 of accrued interest outstanding.
On October 31, 2015 the Company issued two debentures for $83,000 totaling 166,000 for five cash advances during
October 2015. Each debenture accrues 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. The Holders are restricted from any
conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the Company after
the conversion. Since their inception the debentures will accrue a total of $4,150 of interest during each quarter. At
December 31, 2015, the Debentures had $166,000 of principal and $2,766 of accrued interest outstanding.
On November 30, 2015 the Company issued a debenture for $60,000 for two cash advances during November 2015.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture will accrue $1,500 of interest during each quarter. At December 31, 2015, the
Debenture had $60,000 of principal and $500 of accrued interest outstanding.
On November 30, 2015 the Company issued a debenture for $72,500 for two cash advances during November 2015.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture will accrue $1,812 of interest during each quarter. At December 31, 2015, the
Debenture had $72,500 of principal and $604 of accrued interest outstanding.
On December 31, 2015 the Company issued a debenture for $115,000 for four cash advances during December
2015. The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture will accrue $2,875 of interest during each quarter. At December 31, 2015, the
Debenture had $115,000 of principal and no accrued interest outstanding.
On December 31, 2015 the Company issued a debenture for $40,000 for three cash advances during December
2015. The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture will accrue $1,000 of interest during each quarter. At December 31, 2015, the
Debenture had $115,000 of principal and no accrued interest outstanding.
When your down as much as "That Dog" you would believe that AG learned to turn sht into gold too. AG been running that pipe hard on SP, but that's what scams do.. Take the fools for all they are worth.
When a company misses every single deadline they ever put out there is absolutely no reason to believe this one will ever be met... They have already tried this lie before... and guess what... It never happened. They have been putting out these PR's about this grow for 11 months and they still have nothing... All these lies... Not 1 PR with any substance.
Tranzbyte and USEI Execute Agreement to Build and Facilitate Test Grow and Operating Dispensary in Denver Area
http://www.otcmarkets.com/stock/ERBB/news/Tranzbyte-and-USEI-Execute-Agreement-to-Build-and-Facilitate-Test-Grow-and-Operating-Dispensary-in-Denver-Area?id=79893&b=y
American Green to Open Medical Marijuana Research Facility Near Hemet, California
http://www.otcmarkets.com/stock/ERBB/news/American-Green-to-Open-Medical-Marijuana-Research-Facility-Near-Hemet--California?id=85565&b=y
American Green Creates Colorado Subsidiary and Formalizes the Union With Herbal Elements for a Legal Cannabis Grow and Extraction Operation
http://www.otcmarkets.com/stock/ERBB/news/American-Green-Creates-Colorado-Subsidiary-and-Formalizes-the-Union-With-Herbal-Elements-for-a-Legal-Cannabis-Grow-and-Extraction-Operation?id=109033&b=y
Calyptic Nursery Producing Strains for 2016 Harvest With Expected Yield of 1,000 Pounds in Oregon
http://www.otcmarkets.com/stock/ERBB/news/Calyptic-Nursery-Producing-Strains-for-2016-Harvest-With-Expected-Yield-of-1-000-Pounds-in-Oregon?id=127376&b=y
The scam marches on with no products, no services, nothing at all... Well besides the 28 Billion shares that have already been issued for 50% off the lowest 52 week closing price... Currently .0003.... For any new investors out here, read the financials.. It's a scam set up to enrich insiders and lay pipe into shareholders...
http://www.otcmarkets.com/financialReportViewer?symbol=ERBB&id=155074
Outstanding Debentures
On December 31, 2010, the Company issued a debenture payable for $162,706 for cash advances during the 2010
calendar year. The debenture 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 Holder is restricted from any
conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the Company after
the conversion. During the quarter ended September 30, 2012, the Company issued 6,666,667 common shares
valued at $6,667 reducing the principal by $1,092 and accrued interest $5,575. At September 30, 2012, the Company
owed the Holder $4,324 in principal and $7,816 in accrued interest. During the quarter ended June 30, 2013, the
Holder converted $590 of principal and $2,848 of accrued interest for 6,250,000 common shares of the Company.
During the quarter ended December 31, 2013 the debenture accrued $108 in accrued interest resulting in the
Company owing $4,324 in principal and $8,462 in accrued interest at December 31, 2013. The Company paid off the
debenture during the quarter ended March 31, 2014 by issuing 7,861,818 common shares for $4,324 of principal and
15,385,455 common shares for $8,462 of accrued interest through the end of the same quarter. On January 29, 2015,
28,800,000 common shares were returned to the Company that had been originally issued from a conversion of this
debenture on April 27, 2012. The amount of the debenture was increased by $28,800 representing the amount of the
reduction of the debenture at the time of its conversion on April 27, 2012. No gain or loss was recognized by the
Company in the transaction. During the quarter ended March 31, 2016 the debenture accrued $720 of interest
resulting in the debenture having $28,800 in principal and $2,880 in accrued interest outstanding at March 31, 2016.
On April 24, 2014 the Company issued a debenture for $500,000 for cash in the same amount on the same date. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Interest expense during the quarter ended September 30, 2014 was $12,500. Since July 1, 2014 the Debenture has
accrued $15,500 of interest during each quarter. During the quarter ended June 30, 2015 the debenture accrued
$20,833 in interest. Also, the Holder converted $30,000 of accumulated accrued interest into 9,677,419 common
shares. During the quarter ended September 30, 2015, the Holder converted $110,000 of principal for 99,490,662
common shares and $28,333 of accrued interest for 18,279,355 common shares. During the quarter ended March 31,
2016 the debenture accrued $9,750 of interest resulting in the debenture having $390,000 in principal and $30,750 in
accrued interest outstanding at March 31, 2016.
Also on April 24, 2014 the Company issued a debenture for $310,000 for cash advanced to Company from April 3,
2014 to April 23, 2014. The debenture accrues 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. The Holder is restricted
from any conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the
Company after the conversion. During the quarter ended December 31, 2015 the Company effected two conversions
totaling $182,083 comprised of $138,166 in principal and $43,917 in accrued interest. During the quarter ended March
31, 2016 the debenture accrued interest of $2,305 and the Company paid $79,636 in principal and $2,864 in accrued
interest by issuing 150,000,000 common shares resulting in $2,305 of accrued interest and $92,198 in principal
outstanding at March 31, 2016.
On September 30, 2014 the Company issued a debenture for $550,000 for cash advances during the quarter. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. Since
its inception the Debenture has been accruing interest at $13,750 each quarter. During the quarter ended March 31,
2016 the debenture accrued interest of $12,500 and the Company paid $50,000 in principal and $68,750 in accrued
interest by issuing 215,909,091 common shares resulting in $12,500 of accrued interest and $500,000 in principal
outstanding at March 31, 2016.
On September 30, 2014 the Company issued a debenture for $127,177 for expenses paid on behalf of the Company
during the quarter. The debenture accrues 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. The Holder is restricted from any
conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the Company after
the conversion. Since its inception the Debenture has been accruing interest at $3,179 each quarter. During the
quarter ended March 31, 2016 the debenture accrued interest of $1,529 and the Company paid $66,000 in principal
and $15,897 in accrued interest by issuing 148,903,606 common shares resulting in $1,530 of accrued interest and
$61,177 in principal outstanding at March 31, 2016.
On September 30, 2014 the Company issued a debenture for $210,000 for services in the same amount on the same
rendered from January 1, 2012 through December 31, 2013. The debenture accrues 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. The Holder is restricted from any conversions that would result in the Holder owning over 9.9% of the
outstanding common shares of the Company after the conversion. During the quarter ended March 31, 2016 the
debenture accrued $5,250 of interest resulting in the debenture having $210,000 in principal and $31,500 in accrued
interest outstanding at March 31, 2016.
On October 30, 2014 the Company issued a debenture for $300,000 for three cash advances during October 2014.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
During the quarter ended March 31, 2016 the debenture accrued interest of $6,750 and the Company paid $30,000 in
principal and $25,000 in accrued interest by issuing 100,000,000 common shares resulting in $6,750 of accrued
interest and $270,000 in principal outstanding at March 31, 2016.
On November 25, 2014 the Company issued a debenture for $170,000 for two cash advances during November 2014.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
During the quarter ended March 31, 2016 the debenture accrued $4,250 of interest resulting in the debenture having
$170,000 in principal and $21,250 in accrued interest outstanding at March 31, 2016.
On December 1, 2014 the Company issued a debenture for $125,000 for two cash advances during the quarter ended
December 31, 2014. The debenture accrues 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. The Holder is restricted from any
conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the Company after
the conversion. Since its inception the debenture accrued $3,125 of interest during each quarter. During the quarter
ended March 31, 2016 the debenture accrued $3,125 of interest resulting in the debenture having $125,000 in
principal and $15,625 in accrued interest outstanding at March 31, 2016.
On December 19, 2014 the Company issued a debenture for $275,000 for five cash advances during the December
2014. The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
During the quarter ended March 31, 2016 the debenture accrued $6,875 of interest resulting in the debenture having
$275,000 in principal and $34,375 in accrued interest outstanding at March 31, 2016.
On January 9, 2015 the Company issued a debenture for $100,000 for a cash advance. The debenture accrues
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. The Holder is restricted from any conversions that would result in the Holder
owning over 9.9% of the outstanding common shares of the Company after the conversion. At December 31, 2015,
the Debenture had $100,000 of principal and $9,167 of accrued interest outstanding. During the quarter ended March
31, 2016 the debenture accrued $2,500 of interest resulting in the debenture having $100,000 in principal and $11,667
in accrued interest outstanding at March 31, 2016.
On January 30, 2015 the Company issued a debenture for $175,000 for three cash advances during the January
2015. The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
During the quarter ended March 31, 2016 the debenture accrued $4,375 of interest resulting in the debenture having
$175,000 in principal and $20,416 in accrued interest outstanding at March 31, 2016.
On February 24, 2015 the Company issued a debenture for $155,000 for two cash advances during February 2015.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture accrued $3,875 of interest during each quarter. During the quarter ended March 31,
2016 the debenture accrued $3,875 of interest resulting in the debenture having $155,000 in principal and $16,792 in
accrued interest outstanding at March 31, 2016.
On March 31, 2015 the Company issued a debenture for $353,000 for four cash advances during March 2015. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. Since
its inception the debenture accrued $8,825 of interest during each quarter. During the quarter ended March 31, 2016
the debenture accrued $8,825 of interest resulting in the debenture having $353,000 in principal and $35,300 in
accrued interest outstanding at March 31, 2016. On April 26, 2016, the debenture was sold to a different Holder and
the Company agreed to change the terms of the debenture to a restated principal balance of $398,450 that includes a
discounted interest rate and a due date of January 27, 2017.
On May 1, 2015 the Company issued a debenture for $105,000 for two cash advances during April 2015. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. During
the quarter ended March 31, 2016 the debenture accrued $2,625 of interest resulting in the debenture having
$105,000 in principal and $9,625 in accrued interest outstanding at March 31, 2016.
On May 1, 2015 the Company issued a debenture for $25,000 for a cash advance. The debenture accrues 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. The Holder is restricted from any conversions that would result in the Holder owning over
9.9% of the outstanding common shares of the Company after the conversion. Since its inception the debenture
accrued $625 of interest during each quarter. During the quarter ended March 31, 2016 the debenture accrued $625
of interest resulting in the debenture having $25,000 in principal and $2,292 in accrued interest outstanding at March
31, 2016.
On June 3, 2015 the Company issued a debenture for $180,000 for three cash advances. The debenture accrues
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. The Holder is restricted from any conversions that would result in the Holder
owning over 9.9% of the outstanding common shares of the Company after the conversion. During the quarter ended
March 31, 2016 the debenture accrued $4,500 of interest resulting in the debenture having $180,000 in principal and
$13,500 in accrued interest outstanding at March 31, 2016.
On June 30, 2015 the Company issued a debenture for $200,000 for three cash advances. The debenture accrues
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. The Holder is restricted from any conversions that would result in the Holder
owning over 9.9% of the outstanding common shares of the Company after the conversion. During the quarter ended
March 31, 2016 the debenture accrued $5,000 of interest resulting in the debenture having $200,000 in principal and
$15,000 in accrued interest outstanding at March 31, 2016.
On June 26, 2015 the Company issued a debenture for $165,000 for a $150,000 cash advance. The debenture will
convert into the company’s common stock at 50% of the lowest closing bid price 12 months before the conversion
date but can’t convert below $.000825 per common share. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion and is
due June 25, 2016. At March 31, 2016, the Debenture had $161,250 of principal outstanding that includes imputed
interest.
On June 30, 2015 the Company issued a debenture for $240,000 for services rendered from July 1, 2014 through
June 30, 2015. The debenture accrues 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. The Holder is restricted from any
conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the Company after
the conversion. Since its inception the debenture will accrue $6,000 of interest during each quarter. During the quarter
ended March 31, 2016 the debenture accrued $6,000 of interest resulting in the debenture having $240,000 in
principal and $18,000 in accrued interest outstanding at March 31, 2016.
On June 30, 2015 the Company issued a debenture for $226,966 for expenses paid on behalf of the Company from
April 1, 2014 through June 30, 2014. The debenture accrues 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. The Holder is
restricted from any conversions that would result in the Holder owning over 9.9% of the outstanding common shares of
the Company after the conversion. During the quarter ended March 31, 2016 the debenture accrued $5,674 of interest
resulting in the debenture having $226,966 in principal and $17,022 in accrued interest outstanding at March 31,
2016.
On June 30, 2015 the Company issued a debenture for $120,000 for services rendered from January 1, 2014 through
December 31, 2014. The debenture accrues 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. The Holder is restricted from any
conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the Company after
the conversion. Since its inception the debenture will accrue $3,000 of interest during each quarter. During the quarter
ended March 31, 2016 the debenture accrued $3,000 of interest resulting in the debenture having $120,000 in
principal and $9,000 in accrued interest outstanding at March 31, 2016.
On July 31, 2015 the Company issued a debenture for $85,000 for cash advances during July 2015. The debenture
accrues 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. The Holder is restricted from any conversions that would result in the
Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. Since its inception
the debenture will accrue $2,125 of interest during each quarter. During the quarter ended March 31, 2016 the
debenture accrued $2,125 of interest resulting in the debenture having $85,000 in principal and $4,250 in accrued
interest outstanding at March 31, 2016.
On August 31, 2015 the Company issued a debenture for $90,000 for cash advances during August 2015. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. Since
its inception the debenture will accrue $2,250 of interest during each quarter. During the quarter ended March 31,
2016 the debenture accrued $2,250 of interest resulting in the debenture having $90,000 in principal and $4,500 in
accrued interest outstanding at March 31, 2016.
On August 31, 2015 the Company issued a debenture for $20,000 for cash advances during August 2015. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. Since
its inception the debenture will accrue $500 of interest during each quarter. During the quarter ended March 31, 2016
the debenture accrued $500 of interest resulting in the debenture having $20,000 in principal and $1,000 in accrued
interest outstanding at March 31, 2016.
On September 13, 2015 the Company issued a debenture for $20,000 for cash advances during September 2015.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture will accrue $500 of interest during each quarter. During the quarter ended March 31,
2016 the debenture accrued $500 of interest resulting in the debenture having $20,000 in principal and $1,000 in
accrued interest outstanding at March 31, 2016.
On September 29, 2015 the Company issued a debenture for $60,000 for cash advances during September 2015.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture will accrue $1,500 of interest during each quarter. During the quarter ended March
31, 2016 the debenture accrued $1,500 of interest resulting in the debenture having $60,000 in principal and $3,000 in
accrued interest outstanding at March 31, 2016.
On September 30, 2015 the Company issued a debenture for $85,000 for cash advances during September 2015.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture will accrue $2,125 of interest during each quarter. During the quarter ended March
31, 2016 the debenture accrued $2,125 of interest resulting in the debenture having $85,000 in principal and $6,375 in
accrued interest outstanding at March 31, 2016.
On October 31, 2015 the Company issued two debentures for $83,000 totaling 166,000 for five cash advances during
October 2015. Each debenture accrues 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. The Holders are restricted from any
conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the Company after
the conversion. Since their inception the debentures will accrue a total of $4,150 of interest during each quarter.
During the quarter ended March 31, 2016 the debentures accrued $4,150 of interest resulting in the debentures
having $166,000 in principal and $6,916 in accrued interest outstanding at March 31, 2016.
On November 30, 2015 the Company issued a debenture for $60,000 for two cash advances during November 2015.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture will accrue $1,500 of interest during each quarter. During the quarter ended March
31, 2016 the debenture accrued $500 of interest resulting in the debenture having $60,000 in principal and $1,000 in
accrued interest outstanding at March 31, 2016.
On November 30, 2015 the Company issued a debenture for $72,500 for two cash advances during November 2015.
The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture will accrue $1,812 of interest during each quarter. During the quarter ended March
31, 2016 the debenture accrued $1,813 of interest resulting in the debenture having $72,500 in principal and $2,417 in
accrued interest outstanding at March 31, 2016.
On December 31, 2015 the Company issued a debenture for $115,000 for four cash advances during December
2015. The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture will accrue $2,875 of interest during each quarter. During the quarter ended March
31, 2016 the debenture accrued $2,875 of interest resulting in the debenture having $115,000 in principal and $2,875
in accrued interest outstanding at March 31, 2016.
On December 31, 2015 the Company issued a debenture for $40,000 for three cash advances during December
2015. The debenture accrues 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. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
Since its inception the debenture will accrue $1,000 of interest during each quarter. During the quarter ended March
31, 2016 the debenture accrued $1,000 of interest resulting in the debenture having $40,000 in principal and $1,000 in
accrued interest outstanding at March 31, 2016.
On January 31, 2016 the Company issued a debenture for $107,500 for cash advances during January 2016. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. During
the quarter ended March 31, 2016 the debenture accrued $150 of interest resulting in the debenture having $90,000 in
principal and $150 in accrued interest outstanding at March 31, 2016.
On January 31, 2016 the Company issued a debenture for $32,500 for cash advances during January 2016. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. During
the quarter ended March 31, 2016 the debenture accrued $542 of interest resulting in the debenture having $32,500 in
principal and $542 in accrued interest outstanding at March 31, 2016.
On February 28, 2016 the Company issued a debenture for $122,000 for cash advances during February 2016. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. During
the quarter ended March 31, 2016 the debenture accrued $1,016 of interest resulting in the debenture having
$122,000 in principal and $1,016 in accrued interest outstanding at March 31, 2016.
On February 28, 2016 the Company issued a debenture for $112,000 for cash advances during February 2016. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. During
the quarter ended March 31, 2016 the debenture accrued $933 of interest resulting in the debenture having $112,000
in principal and $933 in accrued interest outstanding at March 31, 2016.
On March 31, 2016 the Company issued a debenture for $232,398 for cash advances during March 2016. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. During
the quarter ended March 31, 2016 the debenture accrued no interest resulting in the debenture having $232,398 in
principal and no accrued interest outstanding at March 31, 2016.
On March 31, 2016 the Company issued a debenture for $40,500 for cash advances during March 2016. The
debenture accrues 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. The Holder is restricted from any conversions that would
result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion. During
the quarter ended March 31, 2016 the debenture accrued no interest resulting in the debenture having $40,500 in
principal and no accrued interest outstanding at March 31, 2016.
Some of my favorite AG lies...The list really could go to 100 or more but here is a nice little sample of some of the lies American Green has used to sell their worthless shares... And Still... No Income, No products and massive losses. The lies might change but the fact that it is 100% BS is still the same.. Just for you SP, choosing to ignore facts that are directly in front of your face is not an investment strategy.. But like the saying goes... A fool is born every minute, and yes... still believing these lies when the truth is right in front of your face makes you a fool, a big time fool. From .11 to .0006 and still cheering this on? LMAO!
American Green Joint Ventures With FutureWorld to Add 1,500 Machines to the ZaZZZ Network
http://www.otcmarkets.com/stock/ERBB/news/American-Green-Joint-Ventures-With-FutureWorld-to-Add-1-500-Machines-to-the-ZaZZZ-Network?id=82141&b=y
Tranzbyte Receives Order for 100 Jurassic Units From iMD
http://www.otcmarkets.com/stock/ERBB/news/Tranzbyte-Receives-Order-for-100-Jurassic-Units-From-iMD?id=79475&b=y
American Green Sells OneBode to the Healthy Home Company
http://www.otcmarkets.com/stock/ERBB/news/American-Green-Sells-OneBode-to-the-Healthy-Home-Company?id=84055&b=y
American Green Acquires Truth Lighting -- An Industry Leader in Full Spectrum Lighting for Cultivation
http://www.otcmarkets.com/stock/ERBB/news/American-Green-Acquires-Truth-Lighting----An-Industry-Leader-in-Full-Spectrum-Lighting-for-Cultivation?id=87132&b=y
American Green Acquires OG Tea
http://www.otcmarkets.com/stock/ERBB/news/American-Green-Acquires-OG-Tea?id=87793&b=y
American Green Revenue Forecast for 2016
http://www.otcmarkets.com/stock/ERBB/news/American-Green-Revenue-Forecast-for-2016?id=124622&b=y
Tranzbyte and USEI Execute Agreement to Build and Facilitate Test Grow and Operating Dispensary in Denver Area
http://www.otcmarkets.com/stock/ERBB/news/Tranzbyte-and-USEI-Execute-Agreement-to-Build-and-Facilitate-Test-Grow-and-Operating-Dispensary-in-Denver-Area?id=79893&b=y
American Green to Open Medical Marijuana Research Facility Near Hemet, California
http://www.otcmarkets.com/stock/ERBB/news/American-Green-to-Open-Medical-Marijuana-Research-Facility-Near-Hemet--California?id=85565&b=y
American Green Executes Acquisition Agreement With TrackX -- a Global Leader in Cloud-Based Physical Asset Management
http://www.otcmarkets.com/stock/ERBB/news/American-Green-Executes-Acquisition-Agreement-With-TrackX----a-Global-Leader-in-Cloud-Based-Physical-Asset-Management?id=108411&b=y
American Green to Open Medical Marijuana Research Facility Near Hemet, California
http://www.otcmarkets.com/stock/ERBB/news/American-Green-to-Open-Medical-Marijuana-Research-Facility-Near-Hemet--California?id=85565&b=y
The list really could go to 100 or more but here is a nice little sample of some of the lies American Green has used to sell their worthless shares... And Still... No Income, No products and massive losses. The lies might change but the fact that it is 100% BS is still the same..
American Green Joint Ventures With FutureWorld to Add 1,500 Machines to the ZaZZZ Network
http://www.otcmarkets.com/stock/ERBB/news/American-Green-Joint-Ventures-With-FutureWorld-to-Add-1-500-Machines-to-the-ZaZZZ-Network?id=82141&b=y
Tranzbyte Receives Order for 100 Jurassic Units From iMD
http://www.otcmarkets.com/stock/ERBB/news/Tranzbyte-Receives-Order-for-100-Jurassic-Units-From-iMD?id=79475&b=y
American Green Sells OneBode to the Healthy Home Company
http://www.otcmarkets.com/stock/ERBB/news/American-Green-Sells-OneBode-to-the-Healthy-Home-Company?id=84055&b=y
American Green Acquires Truth Lighting -- An Industry Leader in Full Spectrum Lighting for Cultivation
http://www.otcmarkets.com/stock/ERBB/news/American-Green-Acquires-Truth-Lighting----An-Industry-Leader-in-Full-Spectrum-Lighting-for-Cultivation?id=87132&b=y
American Green Acquires OG Tea
http://www.otcmarkets.com/stock/ERBB/news/American-Green-Acquires-OG-Tea?id=87793&b=y
American Green Revenue Forecast for 2016
http://www.otcmarkets.com/stock/ERBB/news/American-Green-Revenue-Forecast-for-2016?id=124622&b=y
Tranzbyte and USEI Execute Agreement to Build and Facilitate Test Grow and Operating Dispensary in Denver Area
http://www.otcmarkets.com/stock/ERBB/news/Tranzbyte-and-USEI-Execute-Agreement-to-Build-and-Facilitate-Test-Grow-and-Operating-Dispensary-in-Denver-Area?id=79893&b=y
American Green to Open Medical Marijuana Research Facility Near Hemet, California
http://www.otcmarkets.com/stock/ERBB/news/American-Green-to-Open-Medical-Marijuana-Research-Facility-Near-Hemet--California?id=85565&b=y
American Green Executes Acquisition Agreement With TrackX -- a Global Leader in Cloud-Based Physical Asset Management
http://www.otcmarkets.com/stock/ERBB/news/American-Green-Executes-Acquisition-Agreement-With-TrackX----a-Global-Leader-in-Cloud-Based-Physical-Asset-Management?id=108411&b=y
American Green to Open Medical Marijuana Research Facility Near Hemet, California
http://www.otcmarkets.com/stock/ERBB/news/American-Green-to-Open-Medical-Marijuana-Research-Facility-Near-Hemet--California?id=85565&b=y
We have both seen them issue PR's 100's of times and they haven't accomplished 1 thing... How are people still believing this garbage?
Yeah, its a legit company with actual revenue.. AG has Billions of shares, GW has 25 million. It's completely night and day between the two companies. GW is a legit company and a very good investment... AG is a scam and a terrible investment.. If you actually want to invest in marijuana then invest in actual marijuana stocks, not pretenders like AG who doesn't do anything in the MJ industry.. They only pretend too...
Well its 9 months into 2016.... But the chart still shows this scam going down, down, down... For 2 straight years nothing but dilution and empty PR'S that result in nothing... But.. THAT'S WHAT SCAMS DO...
American Green is a scam :P ENJOY the continued dilution and no income... That's why this continues to flop around like a fish out of water... ITS A SCAM!!!
Well they already announced no more APP, no more Dispensary, no more Herbal Elements name change, no more AG branded products.. These guys havent accomplished anything in the last 6 months... Well besides the 2B share increase and issuing more debentures for 50% off the lowest 52 week closing price... This is heading to .0001, no question about it.. The dilution machine keeps KRANKEN out these worthless shares! with no products, no services and massive losses.
The scam marches on with no products, no services, no income and mass dilution and loses... This march to .0001 before the next massive R/S continue..
issuing shares for 50% off the lowest 52 week closing price is called funding by AG? Its called a scam by the rest of the world...
2 years ago, look at where this scam is at now... Look at the SS, look at the PR history, look at the deception... What a POS American Green is...
Meet the Track X management, smart enough to see though AG's BS and stay 10 miles away..
Ask at .0007 now bigger than the bid at 6, only a matter of days till this hits .0005 now... The SCAM marches on, Laying pipe into naive shareholders ;P
The scam just keeps on dumping shares, AG is a worthless POS... .0006 is still way overvalued for this scam... Its not even worth a dollar for the whole company... No products, no services, no worthwhile assets... Just billions of worthless shares...