American Green Inc (ERBB)

[Pennystomper55]

Yes, cash from shares issued to debenture holders for 50% off the lowest 52 week closing price!! WEEEEEEEEEEEEEEE!

Here is how they got that cash you speak of:
Only took $1,600,000 of the stock to get $346,145

Why does the company value their shares for MUCH less than shareholders buy it for? Because they know its worthless.

On September 30, 2017 the Company issued a debenture for $200,000 for cash advances during September of 2017.
The debenture accrues interest at 10% per annum and will convert into the company’s common stock at 50% of the
lowest closing bid price 12 months before the conversion date. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
On September 30, 2017 the Company issued a debenture for $125,000 for cash advances during September of 2017.
The debenture accrues interest at 10% per annum and will convert into the company’s common stock at 50% of the
lowest closing bid price 12 months before the conversion date. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
On September 30, 2017 the Company issued a debenture for $125,000 for cash advances during September of 2017.
The debenture accrues interest at 10% per annum and will convert into the company’s common stock at 50% of the
lowest closing bid price 12 months before the conversion date. The Holder is restricted from any conversions that
would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.