Questions and Answers about the Transaction Between American … – GlobeNewswire (press release)

PHOENIX, AZ , March 21, 2018 (GLOBE NEWSWIRE) — Today American Green, Inc. (OTC: ERBB) will be answering the most popular questions received from shareholders regarding the company’s recent Nipton, California transaction to Delta International Oil & Gas, Inc. (OTCQB: DLTZ) that was announced on March 15, 2018.American Green – Delta International QuestionsBelow are a series of questions posed by American Green shareholders and other interested parties along with the answers to those questions.     1. Who owns and controls Delta International?Upon closing, American Green will own over 80% (majority share ownership) of Delta International Oil and Gas. This will mean that American Green will own controlling interest in this fully reporting public company.     2. Will American Green retain any of the potential profit from the Nipton Enterprise?Because ERBB will control Delta,  it will be able to incorporate that same ownership percentage of Delta’s revenues and profits on the books of American Green. In other words, should Delta book $1 million dollars in net income next year, then American Green will show an additional $830,000 of net income on its books.     3. Are ERBB shareholders getting a dividend as a result of this transaction?American Green is planning to issue qualifying ERBB shareholders a dividend as a result of this sale which will be paid to them in the form of a registered share distribution following a registration of those dividend shares, all subject to filings with the SEC.     4. How many shares will each shareholder receive in each dividend?The number of dividend shares will be based on the number of ERBB shares held by a shareholder at a to-be-determined record date that will be announced after the registration becomes effective. Once the plan is devised, details of how the dividend will be calculated, as well as how many ERBB shares a shareholder must own to

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