Sustainable Green Team Ltd. (SGTM)

[sagan]

Holy crap, this just may be the funniest thing I have ever read on IHUB!!
"For various reasons (that include value destruction here), SGCP didn't have sufficient shares (within the current share structure) necessary to acquire the equipment to process the black sands. They would have to either increase the authorized shares or somehow regain the share value stolen from shareholders. "

1) SGC can and has raised the A/S to what ever level they want to buy the equipment stated in the JV agreement. They have done it multiple times in the past 3 years.

2) the "value destruction" ...wait... got to catch my breath... Is 100% from the sale of stock from the company. To suggest otherwise is, um, I would like to put it nicely, weird?

3) shareholders stole value??? I'm not even going to touch that. Good luck....