Sustainable Green Team Ltd. (SGTM)

[eyeamgame]

From prior Reports Ending June 30 2010 there were

2 Bil shares Authorized and 1,647,918,102 Shares Outstanding

As of Sept 2010 there were 1,824,619,315 shares Outstanding.

That means 176,701,213 shares were issued after June 30 to Sept 30 / 2010.

We also know shares were placed in Dec 2010 based on filings already discussed and proven.

The Income Statement for the Period shows 75,000.00 raised in Equity sales and the Statements show 176,701,213 shares issued after June 30. That would convert to a price of .000424445 per each new share.


Keep in mind, some or even many of the shares placed after June 30 could have been used for services and possibly even to acquire equipment.

The end result is that 176 Mil shares plus were Diluted and we only raised 75,000 from Equity Sales.

That is from the company's own Financial's so there is no point denying it.

That's even worse than prior discussions concerning the raising of 1 Mil through Dilution.


It is very likely that with little Operating Capital, minimal Revenues as Production ramps up that an increase in A/S is a very strong possibility.

I can see why they stalled the release of the Income Statement.

eye