Green Globe International : Pink Information & Disclosure Statement v4

Disclosure Statement Pursuant to the Pink Basic Disclosure Guidelines

Green Globe International, Inc.

A Delaware Corporation

9925 Airway Road

San Diego, CA 92154

_______________________________

[phone]

https://hempaccopackaging.com

[e-mail] SIC Codes: 5199 and 5122

Quarterly Report

For the Period Ending: September 30, 2021

(the "Reporting Period")

As of August 14, 2021, the number of shares outstanding of our Common Stock was: 54,217,148,356

As of June 30, 2021,the number of shares outstanding of our Common Stock was: 54,017,148,356

As of December 31, 2020, the number of shares outstanding of our Common Stock was: 3,700,640,356

Indicate by check mark whether the company is a shell company (as defined in Rule 405 of the Securities Act of 1933 and Rule 12b-2 of the Exchange Act of 1934):

Yes: ☒ No: ☐

Indicate by check mark whether the company's shell status has changed since the previous reporting period:

Yes: ☐ No: ☒

Indicate by check mark whether a Change in Control5 of the company has occurred over this reporting period:

5 "Change in Control" shall mean any events resulting in:

1. Any "person" (as such term is used in Sections 13(d) and 14(d) of the Exchange Act) becoming the "beneficial owner" (as defined in Rule 13d-3 of the Exchange Act), directly or indirectly, of securities of the Company representing fifty percent (50%) or more of the total voting power represented by the Company's then outstanding voting securities;
2. The consummation of the sale or disposition by the Company of all or substantially all of the Company's assets;
3. A change in the composition of the Board occurring within a two (2)-year period, as a result of which fewer than a majority of the directors are directors immediately prior to such change; or
4. The consummation of a merger or consolidation of the Company with any other corporation, other than a merger or consolidation which would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity or its parent) at least fifty percent (50%) of the total voting power represented by the voting securities of the Company or such surviving entity or its parent outstanding immediately after such merger or consolidation.

OTC Markets Group Inc.
OTC Pink Basic Disclosure Guidelines (v3 February 2021)	Page 4 of 15

Yes: ☒

No: ☐

1. Name and address(es) of the issuer and its predecessors (if any)

In answering this item, provide the current name of the issuer any names used by predecessor entities, along with the dates of the name changes.

Green Globe International, Inc.	2-29-2008
GTREX Capital, Inc.	3-07-2005
GTREX, Inc.	2-20-2004
Apollo Holdings, Inc.	11-12-1999

The state of incorporation or registration of the issuer and of each of its predecessors (if any) during the past five years; Please also include the issuer's current standing in its state of incorporation (e.g. active, default, inactive):

Green Globe International, Inc. - Delaware - Active

Describe any trading suspension orders issued by the SEC concerning the issuer or its predecessors since inception:

N/A

List any stock split, stock dividend, recapitalization, merger, acquisition, spin-off, or reorganization either currently anticipated or that occurred within the past 12 months:

On March 22, 2021, Hempacco Co., Inc. acquired 100 Series A Preferred Shares from the prior owner. As described below in more detail, the Series A Preferred Shares carry, together with the common stock, majority voting rights entitled to be voted at any annual or special meeting of shareholders of the Corporation or action by written consent of shareholders.

At the same time, all the Directors and Officers of Issuer resigned and were replaced by new Directors and Officers selected by Hempacco Co., Inc. Full details can be found below in the relevant section of this report.

On May 21, 2021, 100% of the Shareholders of Hempacco Co., Inc. ("Hempacco") pursuant to a Share Exchange Agreement with Green Globe Internatiomnal, Inc. exchanged 18,395,532 common shares of Hempacco Co., Inc. for 70,312,160,174 common shares of Green Globe International, Inc. ("The Company" or "GGII"). These GGII shares represented 95% of the issued and outstanding common shares of the Company thus resulting in Hempacco becoing a wholly owned subsidiary of GGII.

On the same date Hempacco submitted the 100 Series A Preferred Shares to GGII for cancellation.

The address(es) of the issuer's principal executive office:

24567 N 117th St. Scottsdale, AZ 85255

The address(es) of the issuer's principal place of business:

Check box if principal executive office and principal place of business are the same address: ☐

9925 Airway Road, San Diego, CA 92154

Has the issuer or any of its predecessors been in bankruptcy, receivership, or any similar proceeding in the past five years?

OTC Markets Group Inc.
OTC Pink Basic Disclosure Guidelines (v3 February 2021)	Page 5 of 15

Yes: ☐

No: ☒

If this issuer or any of its predecessors have been the subject of such proceedings, please provide additional details in the space below:

N/A

2)	Security Information
Trading symbol:	GGII
Exact title and class of securities outstanding:	Common Stock
CUSIP:		393048202
Par or stated value:	$0.0001
Total shares authorized:	75,000,000,000as of date: August 14, 2021
Total shares outstanding:	54,217,148,356as of date: August 14, 2021
Number of shares in the Public Float6:	3,113,255,967as of date: August 14, 2021
*Total number of shareholders of record:	214	as of date: August 14, 2021

• This number is currently the number of "accounts" on the shareholder register. To obtain the actual number of individual shareholders requires the purchase of a "nobo-obo" list of the accounts held in "street name" by the various brokerage houses. The company is undertaking a cost/benefit analysis to see if it is worth incurring siginicant additional expenditure in order to provide this information.

All additional class(es) of publicly traded securities (if any):

None

NOTE:As of August 14, 2021 the Company had issued and outstanding 20,000,006,200 Preferred Shares as designated below.

*100 shares "Series A" Participating Preferred Stock

The "Series A" Preferred shall not be entitled to receive any dividends. In the event of any voluntary or involuntary liquidation, dissolution, or winding up of the Corporation, the holder of shares of the "Series A" Preferred Stock then outstanding shall be entitled to be paid, out of the assets of the Corporation available for distribution to its stockholders, whether from capital, surplus or earnings, an amount equal to one dollar ($1.00) per share. The outstanding shares of "Series A" Preferred Stock shall vote together with the shares of Common Stock of the Corporation as a single class and, regardless of the number of shares of "Series A" Preferred Stock outstanding and as long as at least one of such shares of "Series A" Preferred Stock is outstanding, shall represent eighty percent (80%) of all votes entitled to be voted at any annual or special meeting of shareholders of the Corporation or action by written consent of shareholders. Each outstanding share of the "Series A" Preferred Stock shall represent its proportionate share of the 80% which is allocated to the outstanding shares of "Series A" Preferred Stock.

The "Series A" Participating Preferred Shares were returned to the Company for cancellation on May 21,

6 "Public Float" shall mean the total number of unrestricted shares not held directly or indirectly by an officer, director, any person who is the beneficial owner of more than 10 percent of the total shares outstanding (a "control person"), or any affiliates thereof, or any immediate family members of officers, directors and control persons.

OTC Markets Group Inc.
OTC Pink Basic Disclosure Guidelines (v3 February 2021)	Page 6 of 15

20121.

*6,200 shares "Series C" Participating Preferred Stock

The "Series C" Preferred shall be entitled to receive non-cumulative dividends in preference to any dividend on the Common Stock at the rate of 6% per annum, payable on an annual basis, beginning as of the first anniversary of the original issue date. Holders of "Series C" Preferred Stock may, at any time, convert their shares, in whole or in part, into shares of Common Stock at a conversion price equal to the lesser of (i) $0.10 per share, or (ii) after 12 months from issuance, a price per share equal to forty percent of the volume weighted average closing price (VWAP) of the Common Stock for the twenty trading days prior to Conversion; or (iii) after 24 months from issuance, a price per share equal to twenty percent of the VWAP of the Common Stock for the twenty trading days prior to Conversion. All certificates issued upon conversion shall contain a legend pursuant to rule 144 imposing restrictions on the sale of such shares.

Transfer Agent
Name:	Transfer Online, Inc.
Phone:	[phone]
Email:	[e-mail]
Address:	512 SE Salmon St, Portland, OR 97214
Is the Transfer Agent registered under the Exchange Act?7 Yes: ☒	No: ☐

1. Issuance History

The goal of this section is to provide disclosure with respect to each event that resulted in any direct changes to the total shares outstanding of any class of the issuer's securities in the past two completed fiscal years and any subsequent interim period.

Disclosure under this item shall include, in chronological order, all offerings and issuances of securities, including debt convertible into equity securities, whether private or public, and all shares, or any other securities or options to acquire such securities, issued for services. Using the tabular format below, please describe these events.

A. Changes to the Number of Outstanding Shares

Check this box to indicate there were no changes to the number of outstanding shares within the past two completed fiscal years and any subsequent periods: ☐

Shares Outstanding as of Second Most Recent

Fiscal Year End:		*Right-click the rows below and select "Insert" to add rows as needed.
Date: December 31, 2018	Opening Balance

Common: 3,500,640,356

Preferred: 6,300

7 To be included in the Pink Current Information tier, the transfer agent must be registered under the Exchange Act.

• Were the shares issued at a discount to market price at the time of issuance? (Yes/No)

OTC Markets Group Inc.
OTC Pink Basic Disclosure Guidelines (v3 February 2021)	Page 7 of 15

Date of

Transaction

Number of

Class of

Value of

Disc

Individual/ Entity

Reason for share

Restricted or

Exemptio

Transaction

type (e.g. new

Shares Issued

Securities

shares

to

Shares were

issuance (e.g. for

Unrestricted

n or

issuance,

(or cancelled)

issued

Mkt*

issued to

cash or debt

as of this

Registrati

cancellation,

($/per

(entities must

conversion)

-

filing.

on Type.

shares

share) at

See

have individual

OR-

Nature

returned to

Issuance

Note

with voting /

of Services

treasury)

investment

Provided

Belo

control

disclosed).

March 2019

New

200,000,000

Common

Yes

ValueCorp

Debt Conversion

Restricted

Rule 144

Issuance

$0.0001

Trading Co.

Craig Fischer

March 20, 2021

Returned to

(100)

Preferred

Dapes Capital

Investment

Treasury

Series A

$1.000

Michelle A.

Cancelled

Sheriff

March 20, 2021

New

100

Preferred

No

Hempacco Co.,

Obtain Contol

Restricted

Issuance

Series A

$1.000

Inc.

Block of Shares

Sandro

Piancone -

27.06%

May 21, 2021

New

30,577,928,723

Common

No

UST Mexico,

Share Exchange

Restricted

Rule 144

Issuance

$0.000262

Inc.

Agreement with

Sandro

Piancone

29.38%

May 21, 2021

New

48,247,782

Common

No

Juan Herrera

Hempacco co.,

Restricted

Rule 144

Issuance

$0.000262

Inc.

Shareholders

May 21, 2021

New

2,236,011,038

Common

No

Cube 17, Inc.

See above

Restricted

Rule 144

Issuance

$0.000262

Jorge Olson -

100%

May 21, 2021

New

676,599,505

Common

No

Jerry Halamuda

See above

Restricted

Rule 144

Issuance

$0.000262

May 21, 2021

New

107,022,750

Common

No

Dennis Holba &

See above

Restricted

Rule 144

Issuance

$0.000262

Rafaella Marsh

May 21, 2021

New

33,473,197,809

Common

No

Mexico

See above

Restricted

Rule 144

Issuance

$0.000262

Franchise

Opportunity

Fund L.P.

Sandro

Piancone

31.5%

May 21, 2021

New

195,049,486

Common

No

Dr. Stuart W.

See above

Restricted

Rule 144

Issuance

$0.000262

Titus

May 21, 2021

New

389,931,423

Common

No

McKenzie Cook

See above

Restricted

Rule 144

Issuance

$0.000262

May 21, 2021

New

391,271,825

Common

No

Mario Taverna

See above

Restricted

Rule 144

Issuance

$0.000262

May 21, 2021

New

107,022,751

Common

No

Valentino

See above

Restricted

Rule 144

Issuance

$0.000262

Mordini

May 21, 2021

New

107,022,751

Common

No

Romeo Fiore

See above

Restricted

Rule 144

Issuance

$0.000262

May 21, 2021

New

107,022,750

Common

No

Roger D. Ladd

See above

Restricted

Rule 144

Issuance

$0.000262

OTC Markets Group Inc.

OTC Pink Basic Disclosure Guidelines (v3 February 2021)

Page 8 of 15