According to the SEC, SHGT agreed to pay Micheal A Skerry for "investor relation" services by allowing Michael A Skerry to acquired SHGT stock at a discount. Skerry ended up acquiring 360,000 shares for $36,000.
Michael A Skerry then went on to pay a stock promoter in New York to run a paid promotion for SHGT. The stock promotion helped push the SHGT stock price from $1/share to past $10.00/share. During the paid promotion Michael A Skerry sold his 360,000 shares into the market during the paid promotion making $950,000 in the process.
It's possible some of the secret owners of the free trading S-1 registered stock were also selling shares during the paid promotion.
In 2015 SHGT stopped doing its required SEC filing and the Issuer was revoked by the SEC in 2017
SEGN acquired a bunch of Seychelles entities in 2015, but to date they have reported no revenues and no real business operations.
On November 19, 2015, we acquired 100% of the outstanding securities of Double Growth Investment Ltd. On December 9, 2015, we acquired 100% of the outstanding securities of Coronet Limited, Fortunate Yields Limited, Solution Elite Limited, Ultimate Concept Limited, Viva Leader Limited. All these subsidiaries were registered in Republic of Seychelles. We made these acquisitions for future investment purposes.
SEGN also issued a bunch of super cheap stock to insiders in 2017
In August 2017, the Company issued 64,640,000 shares of common stock for cash proceeds $64,640 at 0.001 per share
Recently SEGN did another S-1 filing to register 29,600,000 of the insider owned shares to make them free trading.
The S-1 was made effective on May 2, 2018 so that certainly opens the door for some future pump&dump action on the stock.
Here are the people that now own S-1 registered free trading shares that originally cost them only $.001/share
That looks like a bunch of Asian nominees to me who are probably holding the stock in name only for somebody that doesn't want their ownership of the stock to be known.
I see Kistler's good buddy Robin Hunt on that list.
Robin Hunt and Brian Kistler were in some offshore share selling schemes together in the past including heavily promoted NAFS