American Green Inc (ERBB)

[Pennystomper55]

40-BILLION-MORE-SHARES-ALREADY-ISSUED..

All for 50% off the lowest 52 week closing price and converted daily by insiders for massive profits. Last quarter alone they added 4 Billion shares to the O/S... That’s 46 Million shares of dilution per day by insiders for massive gains.. AG is nothing more than a scam setup to enrich insiders and shaft shareholders.

https://www.otcmarkets.com/financialReportViewer?symbol=ERBB&id=166369

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, 2016 the debenture accrued $720 of interest
resulting in the debenture having $28,800 in principal and $5,040 in accrued interest outstanding at December 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. During the quarter ended September 30, 2016 the debenture
accrued $12,350 of interest and the Company reduced the outstanding principal by $35,000 and accrued interest by
$25,000 by issuing 200,000,000 common shares. At September 30, 2016 the debenture had $465,000 of principal and
$12,350 of accrued interest outstanding. During the quarter ended December 31, 2016 the Company reduced $47,650
of principal and $12,350 of accrued interest by issuing 200,000,000 common shares resulting in the outstanding
principal being $417,350 and accrued interest being $10,434.
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. During each quarter in 2016 the debenture
accrued $1,529 of accrued interest resulting in $6,118 of accrued interest and $61,177 in principal outstanding at
December 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. During each quarter of 2016 the Company accrued $5,250 of interest resulting
in the debenture having $210,000 in principal and $47,250 in accrued interest outstanding at December 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. During the quarter ended
September 30, 2016 the Company accrued $6,750 of interest resulting in $20,250 of accrued interest and $270,000 in
principal outstanding at September 30, 2016. During the quarter ended December 31, 2016 the company paid
$189,750 of principal and $20,250 of accrued interest by issuing 700,000,000 common shares resulting in an
outstanding balance of $80,250 of principal and $1,753 of accrued interest at December 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. During each quarter in 2016 the
debenture accrued $4,250 of interest resulting in the debenture having $170,000 in principal and $34,000 in accrued
interest outstanding at December 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. During each quarter of 2016 the
debenture accrued $6,875 resulting in the debenture having $275,000 in principal and $55,000 in accrued interest
outstanding at December 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. During the quarter June 30, 2016 the debenture accrued $2,500 of
interest resulting in the debenture having $100,000 in principal and $14,167 in accrued interest outstanding at June
30, 2016. During the quarter ended September 30, 2016 the debenture accrued $2,500 of interest resulting in the
debenture having $100,000 in principal and $16,667 in accrued interest outstanding at September 30, 2016. During
the quarter ended December 31, 2016 the debenture accrued 2,083 of interest prior to the Company paying $41,250
of principal and $18,750 of accrued interest by issuing 200,000,000 common shares. The Debenture had $58,750 of
principal and no accrued interest outstanding at December 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. During each quarter in 2016 the
debenture accrued $4,375 of interest resulting in the debenture having $175,000 in principal and $33,541 in accrued
interest outstanding at December 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. During the quarter ended June 30, 2016 the Company reduced its
outstanding principal $38,208 and accrued interest by $16,792 having issued 100,000,000 common shares. During
the quarter ended September 30, 2016 and December 31, 2016 the debenture accrued $2,920 of interest in each
quarter resulting in the debenture having $116,792 in principal and $8,760 in accrued interest outstanding at
December 31, 2016.
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. During the quarter ended June 30, 2016
the debenture accrued $2,625 in interest resulting in the debenture having $105,000 in principal and $12,250 in
accrued interest outstanding at June 30, 2016. During each quarter of 2016 the debenture accrued $2,625 in interest
resulting in the debenture having $105,000 in principal and $17,500 in accrued interest outstanding at December 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. During the quarter ended June 30, 2015 the debenture accrued $625 in interest resulting in the debenture
having $25,000 in principal and $2,917 in accrued interest outstanding at June 30, 2016. During each quarter in 2016
the debenture accrued $625 in interest resulting in the debenture having $25,000 in principal and $4,167 in accrued
interest outstanding at December 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. During the quarter ended June 30, 2016 the debenture
accrued $4,500 in interest resulting in the debenture having $180,000 in principal and $18,000 in accrued interest
outstanding at June 30, 2016. During each quarter in 2016 the debenture accrued $4,500 in interest resulting in the
debenture having $180,000 in principal and $27,000 in accrued interest outstanding at December 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. During the quarter ended June 30, 2016 the debenture
accrued $5,000 in interest resulting in the debenture having resulting in the debenture having $200,000 in principal
and $20,000 in accrued interest outstanding at June 30, 2016. During each quarter during 2016 the debenture
accrued $5,000 in interest resulting in the debenture having resulting in the debenture having $200,000 in principal
and $30,000 in accrued interest outstanding at December 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 September 30, 2016, the Debenture had $165,000 of principal outstanding that includes
imputed interest. During the quarter ended December 31, 2016, the Company paid down the Debenture by $72,600
resulting in the outstanding balance of $92,400 at December 31, 2016.
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. During the quarter ended June 30, 2016 the
debenture accrued $6,000 in interest resulting in the debenture having $240,000 in principal and $24,000 in accrued
interest outstanding at June 30, 2016. During each quarter during 2016 the debenture accrued $6,000 in interest
resulting in the debenture having $240,000 in principal and $36,000 in accrued interest outstanding at December 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. During the quarter ended June 30, 2016 the debenture accrued $5,674 in interest resulting in the debenture
having $226,966 in principal and $22,696 in accrued interest outstanding at June 30, 2016. During each quarter in
2016 the Debenture accrued $5,674 in interest resulting in the debenture having $226,966 in principal and $34,044 in
accrued interest outstanding at December 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. During the quarter ended June 30, 2016 the
debenture accrued $3,000 in interest resulting in the debenture having $120,000 in principal and $12,000 in accrued
interest outstanding at June 30, 2016. During each quarter in 2016 the debenture accrued $3,000 in interest resulting
in the debenture having $120,000 in principal and $18,000 in accrued interest outstanding at December 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. During the quarter ended June 30, 2016 the debenture accrued $2,125 in
interest resulting in the debenture having $85,000 in principal and $6,375 in accrued interest outstanding at June 30,
2016. During each quarter in 2016 the debenture accrued $2,125 in interest resulting in the debenture having $85,000
in principal and $10,625 in accrued interest outstanding at December 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. During the quarter ended June 30, 2016 the debenture accrued
$2,250 in interest resulting in the debenture having $90,000 in principal and $6,750 in accrued interest outstanding at
June 30, 2016. During each quarter in 2016 the debenture accrued $2,250 in interest resulting in the debenture having
$90,000 in principal and $11,250 in accrued interest outstanding at December 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. During the quarter ended June 30, 2016 the debenture accrued $500 in
interest resulting in the debenture having $20,000 in principal and $1,500 in accrued interest outstanding at June 30,
2016. During each quarter ended during 2016 the debenture accrued $500 in interest resulting in the debenture
having $20,000 in principal and $2,500 in accrued interest outstanding at December 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. During the quarter ended June 30, 2016 the debenture accrued
$1,500 in interest resulting in the debenture having $60,000 in principal and $4,500 in accrued interest outstanding at
June 30, 2016. During each quarter in 2016 the debenture accrued $1,500 in interest resulting in the debenture having
$60,000 in principal and $7,500 in accrued interest outstanding at December 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 June 30,
2016 the debenture accrued $2,125 in interest resulting in the debenture having $85,000 in principal and $8,500 in
accrued interest outstanding at June 30, 2016. During each quarter in 2016 the debenture accrued $2,125 in interest
resulting in the debenture having $85,000 in principal and $12,750 in accrued interest outstanding at December 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. During the quarter ended June
30, 2016 each debenture accrued $2,767 in interest resulting in the debentures having $166,000 in principal and
$11,066 in accrued interest outstanding at June 30, 2016. During each quarter in 2016 each debenture accrued
$2,075 in interest resulting in the debentures totaling $166,000 in principal and $19,366 in accrued interest
outstanding at December 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. During the quarter ended June 30, 2016 the debenture accrued $500 in interest resulting in the debenture
having $60,000 in principal and $1,500 in accrued interest outstanding at June 30, 2016. During each quarter ended in
2016 the debenture accrued $1,500 in interest resulting in the debenture having $60,000 in principal and $6,500 in
accrued interest outstanding at December 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. During the quarter ended June 30, 2016 the debenture accrued
$1,813 in interest resulting in the debenture having $72,500 in principal and $4,230 in accrued interest outstanding at
June 30, 2016. During each quarter in 2016 the debenture accrued $1,813 in interest resulting in the debenture having
$72,500 in principal and $7,856 in accrued interest outstanding at December 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. During the quarter ended June 30, 2016 the debenture accrued
$2,875 in interest resulting in the debenture having $115,000 in principal and $5,750 in accrued interest outstanding at
June 30, 2016. During each quarter in December 31, 2016 the debenture accrued $2,875 in interest resulting in the
debenture having $115,000 in principal and $11,500 in accrued interest outstanding at December 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. During the quarter ended June 30, 2016 the debenture accrued
$1,000 in interest resulting in the debenture having $40,000 in principal and $2,000 in accrued interest outstanding at
June 30, 2016. During each quarter in 2016 the debenture accrued $1,000 in interest resulting in the debenture having
$40,000 in principal and $4,000 in accrued interest outstanding at December 31, 2016.
On January 31, 2016 the Company issued a debenture for $90,000 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. During the quarter ended June 30, 2016
the debenture accrued $2,250 in interest resulting in the debenture having $90,000 in principal and $2,400 in accrued
interest outstanding at June 30, 2016. During each subequent quarter in 2016 the debenture accrued $2,250 in
interest resulting in the debenture having $90,000 in principal and $6,900 in accrued interest outstanding at December
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. During the quarter ended June 30, 2016
the debenture accrued $812 in interest resulting in the debenture having $32,500 in principal and $1,354 in accrued
interest outstanding at June 30, 2016. During each subsequent quarter in 2016 the debenture accrued $812 in interest
resulting in the debenture having $32,500 in principal and $2,979 in accrued interest outstanding at December 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. During the quarter ended June 30, 2016
the debenture accrued $3,050 in interest resulting in the debenture having $122,000 in principal and $4,066 in
accrued interest outstanding at June 30, 2016. During each subsequent quarter in 2016 the debenture accrued $3,050
in interest resulting in the debenture having $122,000 in principal and $10,166 in accrued interest outstanding at
December 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. During the quarter ended June 30, 2016
the debenture accrued $2,800 in interest resulting in the debenture having $112,000 in principal and $3,733 in
accrued interest outstanding at June 30, 2016. During each full quarter of 2016 the debenture accrued $2,800 in
interest resulting in the debenture having $112,000 in principal and $9,333 in accrued interest outstanding at
September 30, 2016.
On March 31, 2016 the Company issued a debenture for $75,000 for a cash advance 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. The debenture accrued $1,875 of interest in
each of the three quarters starting with June 30, 2016 resulting in the debenture having $75,000 in principal and
$5,625 accrued interest outstanding at December 31, 2016.
On March 31, 2016 the Company issued a debenture for $157,398 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. The debenture accrued $3,935 of interest in
each of the three quarters starting with June 30, 2016 resulting in the debenture having $157,398 in principal and
$11,805 accrued interest outstanding at December 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. During the quarter ended June 30, 2016 the
debenture accrued $1,012 in interest resulting in the debenture having $40,500 in principal and $1,012 accrued
interest outstanding at June 30, 2016. During each subsequent quarter in 2016 the debenture accrued $1,012 in
interest resulting in the debenture having $40,500 in principal and $3,037 accrued interest outstanding at December
31, 2016.
On April 30, 2016 the Company issued a debenture for $56,000 for cash advances during April 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 June 30, 2016 the debenture accrued $933 in interest resulting in the debenture having $56,000 in principal
and $933 in accrued interest outstanding at June 30, 2016. During each subsequent quarter in 2016 the debenture
accrued $1,400 in interest resulting in the debenture having $56,000 in principal and $3,733 in accrued interest
outstanding at December 31, 2016.
On April 30, 2016 the Company issued a debenture for $56,000 for cash advances during April 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 June 30, 2016 the debenture accrued $933 in interest resulting in the debenture having $56,000 in principal
and $933 in accrued interest outstanding at June 30, 2016. During each subsequent quarter in 2016 the debenture
accrued $1,400 in interest resulting in the debenture having $56,000 in principal and $3,733 in accrued interest
outstanding at December 31, 2016.
On May 31, 2016 the Company issued a debenture for $107,500 for cash advances during May 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 June 30, 2016 the debenture accrued $895 in interest resulting in the debenture having $107,500 in principal
and $895 in accrued interest outstanding at June 30, 2016. During each subsequent quarter in 2016 the debenture
accrued $2,688 in interest resulting in the debenture having $107,500 in principal and $6,271 in accrued interest
outstanding at December 31, 2016.
On May 31, 2016 the Company issued a debenture for $107,500 for cash advances during May 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 June 30, 2016 the debenture accrued $895 in interest resulting in the debenture having $107,500 in principal
and $895 in accrued interest outstanding at June 30, 2016. During each subsequent quarter in 2016 the debenture
accrued $2,688 in interest resulting in the debenture having $107,500 in principal and $6,271 in accrued interest
outstanding at December 31, 2016.
On June 30, 2016 the Company issued a debenture for $101,500 for cash advances during June 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 June 30, 2016 the debenture accrued no interest resulting in the debenture having $101,500 in principal and no
accrued interest outstanding at June 30, 2016. During each subsequent quarter in 2016 the debenture accrued $2,538
in interest resulting in the debenture having $101,500 in principal and $5,076 in accrued interest outstanding at
December 31, 2016.
On June 30, 2016 the Company issued a debenture for $47,000 for cash advances during June 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 June 30, 2016 the debenture accrued no interest resulting in the debenture having $47,000 in principal and no
accrued interest outstanding at June 30, 2016. During each subsequent quarter in 2016 the debenture accrued $1,175
in interest resulting in the debenture having $47,000 in principal and $2,350 in accrued interest outstanding at
December 31, 2016.
On July 31, 2016 the Company issued a debenture for $30,000 for cash advances during July of 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. The debenture
accrued $500 in interest during the quarter ended September 30, 2016 and $750 of interest during the quarter ended
December 31, 2016 resulting in the debenture having $30,000 in principal and $1,250 in accrued interest outstanding
at December 31, 2016.
On August 31, 2016 the Company issued a debenture for $110,000 for cash advances during August of 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. The
debenture accrued $917 in interest during the quarter ended September 30, 2016 and $2,750 in interest for the
quarter ending at December 31, 2016 resulting in the debenture having $110,000 in principal and $3,667 in accrued
interest outstanding at December 31, 2016.
On August 31, 2016 the Company issued a debenture for $38,000 for cash advances during July and August of 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.
The debenture accrued $375 in interest during the quarter ended September 30, 2016 and $950 during the quarter
ended December 31, 2016 resulting in the debenture having $38,000 in principal and $1,325 in accrued interest
outstanding at December 31, 2016.
On September 30, 2016 the Company issued a debenture for $89,600 for cash advances during September of 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 December 31, 2016 the debenture accrued $2,240 of interest resulting in the debenture
having $89,600 in principal $2,240 of accrued interest outstanding at December 31, 2016.
On September 30, 2016 the Company issued a debenture for $59,100 for cash advances during September of 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 December 31, 2016 the debenture accrued $1,478 of interest resulting in the debenture
having $59,100 in principal and $1,478 of accrued interest outstanding at December 31, 2016.
On October 31, 2016 the Company issued a debenture for $36,000 for cash advances during October of 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 December 31, 2016 the debenture accrued $600 of interest resulting in the debenture having
$36,000 in principal and $600 of accrued interest outstanding at December 31, 2016.
On October 31, 2016 the Company issued a debenture for $36,000 for cash advances during October of 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 December 31, 2016 the debenture accrued $600 of interest resulting in the debenture having
$36,000 in principal and $600 of accrued interest outstanding at December 31, 2016.
On October 31, 2016 the Company issued a debenture for $10,000 for a cash advance during October of 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 December 31, 2016 the debenture accrued $167 of interest resulting in the debenture having
$10,000 in principal and $167 of accrued interest outstanding at December 31, 2016.
On November 17, 2016 the Company issued a debenture for $220,000 for $200,000 of cash with a $20,000 discount.
The debenture will convert into the company’s common stock after November 10, 2017 at 50% of the lowest closing
stock price 90 days before the conversion notice through 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, 2016 the debenture accrued $541 of interest resulting in the
debenture having $65,000 in principal and $541 of accrued interest outstanding at December 31, 2016.
On November 30, 2016 the Company issued a debenture for $65,000 for cash advances during November of 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 December 31, 2016 the debenture accrued $541 of interest resulting in the debenture
having $65,000 in principal and $541 of accrued interest outstanding at December 31, 2016.
On November 30, 2016 the Company issued a debenture for $50,000 for cash advances during November of 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 December 31, 2016 the debenture accrued $417 of interest resulting in the debenture
having $50,000 in principal and $417 of accrued interest outstanding at December 31, 2016.
On December 31, 2016 the Company issued a debenture for $50,000 for cash advances during December of 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 December 31, 2016 the debenture accrued no interest resulting in the debenture having
$50,000 in principal and no accrued interest outstanding at December 31, 2016.
On December 31, 2016 the Company issued a debenture for $50,000 for cash advances during December of 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 December 31, 2016 the debenture accrued no interest resulting in the debenture having
$50,000 in principal and no accrued interest outstanding at December 31, 2016.