Invading Iceland and taking it over, since they have no Army.

Since Iceland has no standing army, Theoretically cant a group of Americans go and invade Iceland and take over?

Lets say 500-100 Hutaree Army Militia.
 
How about an Icelandic NFL franchise. They could have the Raiders ...and all their fans, take the PHillies and Celtic fans while they're at it.
 
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