Replies to post #162251 on American Green Inc (ERBB)

[Long-vestor]

Nonsense! Where does this $240,000 convertible, which converts into .0004 and @ .03 IS $18 MILLION DOLLARS SAY! it is benefiting "the company".??

http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=116476


It says; CLEARLY!! Convert to a "financial consultant" (Buddy-Buddy scam artist) $240,000 into 600,000,000 shares! @ .03 EQUALS 18 MILLION DOLLARS!!!

An in your face SCAM!! It's the boldest SCAM EVER! Everything inside of the report says: "We're scamming you in a money laundering system!"

On June 30, 2013, the Company reduced its loans from shareholders by $240,000 by issuing a $240,000 convertible
debenture to a financial consultant of the Company for his services from July 1, 2012 thru June 30, 2013. 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 360 trading days before the conversion date. The terms of the conversion are the same as the
consultant’s terms of conversion for the shares earned during each quarter in which the services were rendered. 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. During the quarters ended September 30, 2013 and December 31, 2013
the debenture accrued $6,000 of interest in each respective quarter. At December 31, 2013, the debenture had
$240,000 of principal and $12,000 of accrued interest outstanding