American Green Inc (ERBB)

[Pennystomper55]

Because they are dumping every single day, most of the market also knows that everything in AG's PR's are lies.. They still have another 10 Billion shares already issued that are currently being dumped. All issed at 50% off the lowest 52 week closing price .0005. They sell these daily for a 300-400% profit.

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.