American Green Inc (ERBB)

[morongobill]

Have you looked at their latest financials? If you had, you would have seen page after page of convertible debenture transactions issued as payment.

Do you seriously believe this firm, Munch and Company, would do any work for those? Sure they might take them and convert them asap. Or, most likely, they will say no we prefer CASH and then AG will offer up the same cd's to their current holders, who will jump on them like a dog on a ham bone, as they can't lose!

The only losers will be the retail shareholders who will continue to face wave after wave of debenture conversions for years to come- as AG has no other way to fund their, dare I say, "pipe dream."