American Green Inc (ERBB)

[~Nautical~]

American Green, which has been trading as a cannabis company since 2012. Trading now at just $0.0002 per share, it has lost 96% of its value since spiking in late 2016 to $.005. ERBB has an incredible 29 billion shares outstanding as of March 31st, and the secret here was that the company, which never had a substantive business and generated revenue in the last quarter of just $397,064, used toxic financing allowing its convertible debt holders to convert into stock at 50% of the 52-week low, a doomed capital structure to say the least.

Absolute DD
Buyers Beware