American Green Inc (ERBB)

[cowboybuttsects]

This annual report actually clears up a lot of things as far as the large number of common shares:

The Company acquired OneBode Holdings for $2,000,000 payable in common stock over 18 months based upon the
average bid and ask price of Tranzbyte common shares for the previous 30 day period as listed on OTC Markets.


If you read about their acquisitions, a huge portion of their payment is in stock. OneBode gets $2 mil worth of common stock over the course of 18 months. At .0016, that translates to 1.25 billion shares. That's just for one of their companies. Makes a lot more sense to me why they have so many common shares out then. And sort of takes away the dilution approach, since they set an amount worth, not a numbers of shares worth.