Replies to post #70086 on Sustainable Green Team Ltd. (SGTM)

[uksausage]

thanks cancuncharlie for the layman's explanation!

nice to know the company didn't intentionally dilute (as in place on market) the shares.

Also good to see form D heading for 5 months with no new shares sold (legally).

[sagan]

WRONG!!

The shares came directly from Doug.

15.Defendants' illegal operation typically followed the same pattern. Operating from E-Lionheart's office in White Plains, New York, Bronson, or E-Lionheart personnel acting at Bronson's direction, "cold called" OTC Link quoted companies to ask ifthey were interested in obtaining capital. Ifthe company was interested, Bronson, or E-Lionheart personnel acting at his direction, would offer to buy stock in the company at a rate that was deeply discounted from the price the company's stock was then trading at.

16. If a company expressed interest, Bronson (or E-Lionheart personnel acting at his direction) prepared a subscription agreement and other documents to effect the transaction. In certain instances, Defendants prearranged with the company to purchase multiple "tranches" of the company's securities in the future once Defendants were able to sell earlier tranches into the public market.

[BakerBoy]

I'll sell them my shares for double what I have into them. :-) Oh wait, never mind. How bout a few cents a share.