Sustainable Green Team Ltd. (SGTM)

[TgrPaw]

New Updated 3/31/11- "Initial Company information and Disclosure Statement" on Pink Sheet filing- [url]http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=46880

As of 12/31/11 Shares Authorized: 2,000,000,000
Shares Outstanding: 1,974,597,687
Shareholders Registered: 526
Shareholders of Record:1,852

Even talks of activity:

The nature of the products or services offered.
Sierra Gold Corporation is engaged in the business of mining and exploration of gold properties in Sierra Leone, West Africa. Sierra Gold Corporation has secured 27 exploration mining and 7 dredging permits in Sierra Leone. In addition the company is developing a farming and a green/carbon project to enhance local employment opportunities in its local areas of interest.

Plan of Operation
The corporation began dredging operations in the Bo and Zimmi Districts in late 2010 and currently have 4 of its dredges operating. As well the company continues to support local artisanal miners and buy their production in order to extract native gold thereby partially offsetting operational costs while at the same time locating potential sites for development. Gold and precious gems recovered from operations are being sold through intermediaries or exported for sale as market conditions dictate.Proceeds of sales are used for further developmental and expansion programs.

Further financing,specifically for the ongoing equipment acquisition and company expansion may be required and funds will be acquired through sales of company equity and/or loans and gold loans.

As of year end December 31, 2010 the company had completed its harvesting of approximately 1800 acres of combined rice, sorghum, corn and peanuts. The cropping plan for 2011 is to use seeds from the current harvest as required for planting and sell the balance to offset expansion costs. The company also plans to do a test planting of a variety of garden vegetables to determine the viability of future production for both local sales and export.


There is more if you visit the site.

GLTA
TgrPaw