Replies to post #183407 on American Green Inc (ERBB)

[IBurnPurpleKush]

You want facts? Here you go buddy....

It is a fact they have over 1,000,000 more dollars that will convert at the 360 day low with a 50 percent discount.

"Any further conversions will cause more price drops"... $1,285,646 more dollars worth of debenture debt will be converted at the 360 day low Or 18 month with a 50 percent discount. (which will be 0.0006 until 6/2015)
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=104243206

It is a fact they issued almost 3,000,000,000 shares at the average pps of about 0.0006.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=104192881

It is a fact they issued over 1,000,000,000 shares to a former president or presidents.

http://investorshub.advfn.com/boards/post_reply.aspx?message_id=105045579

It is a fact they issue debentures that convert at the 360 trading day low or 18 month low + a 50 percent discount.

"The debentures accrue 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 debentures accrue interest at 10% per annum and will convert into the company’s common stock at 50% of the lowest closing bid price 18 months before the conversion date."

It is a fact the 360 trading day low or 18 month low will be about 0.0006 until 6/2015

12/10/13- the pps was 0012. that means that for them to be able to convert at 0.0006 they have to convert before 18 months or 360 trading days.

6/10/14 6 months

12/10/14 12 months

6/10/15 18 months

Investopedia explains 'Death Spiral'

This type of loan is undertaken by companies that desperately need cash. It is called a death spiral because companies' stocks often plunge drastically after they take on these types of loans. It is important to note that death spirals often allow buyers to convert the bonds into shares at a fixed conversion ratio in which the buyer has a large premium.

For example, a bond with a face value of $1,000 may have a convertible value of $1,500, which means that a bondholder will receive $1,500 dollars worth of equity for giving up the $1,000 bond.

However, upon a conversion, more shares are created, which dilutes the share price. This drop in price may cause more bond holders to convert, because the lower share price means that they will be receiving more shares. Any further conversions will cause more price drops as the supply of shares increases, causing the process to repeat itself as the stock's price spirals downward.