American Green Inc (ERBB)

[KickolasNage]

This is exactly correct.

If American Green wants to keep issuing convertible notes to pay off their debts, they'll need to reverse split. Otherwise they'll issue more shares under the name Delta International and that will work its way back to American Green.

Either way shareholders lose. American Green has no revenue, they will need to keep issuing convertible notes. It's how they have paid for anything over the past 20 years, and they aren't going to stop now. This new regulation on Alpine Financial and other toxic debt financiers is the death nail for American Green.

Edit: That could also be why Delta International submitted a withdrawal from business in Arizona back in September! A withdrawal is in process... maybe moving to Wyoming where there is no market cap on authorized shares? American Green did it when they transferred the business from Nevada to Wyoming... Hmmm.

"We intend to change our name in the near future to reflect the changed focus of our business to real estate development."

https://backend.otcmarkets.com/otcapi/company/sec-filings/12677189/content/html

http://ecorp.azcc.gov/details/corp?corpId=F18918380