Replies to post #64192 on Sustainable Green Team Ltd. (SGTM)

[elcheepo]

Nice to know this hasn't changed...
Current Issued and Outstanding common shares as of September 30, 2011: 2,235,365,285

[CancunCharlie]

Hey TOSCA, if I read this right, we were really close to breaking even, weren't we? It looks like just a handful more oz's of Gold would have put us in the black.

We've waited SO LONG for this to happen. 2012 is gonna be GREAT!

GLTA
GO SGCP!
Charlie

[TOSCA]

Company Information. The corporation has and continues to buy mining, exploration and infrastructure support equipment as operations expand. SGCP has secured 29 exploration mining and 7 dredging permits. The corporation conducted dredging operations in the Tonkolili, Yele, Bo and Zimmi districts in 2011 and currently has 5 dredges preparing to recommence operations in those districts when conditions permit. As of Sep 30, 2011, the company had completed its peanut harvesting and was commencing the harvesting of the balance of approx. 2800 acres of combined rice, sorghum and corn. Cropping plan 2012 is to use seeds from the current harvest as required for planting and sell the balance to offset expansion costs. 1,242,400,356 shares has been issued for financing operations in the past two years....

[roberto77479]

I see nothing that looks close to breakeven.. Looks like a mountain of debt with no real assets. Who do they owe all of this money to and for what? How do they place a value on the land? Looks like they adjust the land value without a real basis to make it appear as if they are breakeven. I think it's time to have a credible accounting firm audit their books.