Replies to post #71260 on Sustainable Green Team Ltd. (SGTM)

[b4atf]

Thanks rifleman. You're first with the news.

b4


OCTOBER 2012
FIELD REPORT/CEO COMMENTS


Mining

The water levels in all areas of operations remain at the high levels as of the most recent trip to Sierra Leone. The rains during the daylight hours have been subsiding, however, evening and night rain falls remain persistent and heavy. Currently all dredges remain secured with security in place.

The artisanal washing operations from accumulated gravel will begin next week. Other artisanal activities supported by the company continue, but at seasonal lows.

Agriculture

Weeding activities for all crops are underway. The peanut harvest will begin later in the month but the planned second cropping has been cancelled due to current corporate issues.

General Comments from the CEO

With regard to the DTCC "Chill" issue, the company has received no correspondence relating to a requested hearing or its potential timing from the DTCC. Professional third party opinions/comments suggest a hearing may be slow in occurring or not be scheduled until the "Bronson" issue is settled. This is only conjecture and the company will continue to pursue this issue with DTCC.

As many shareholders are aware, the stock continues to trade but because of the DTCC "Chill" order, the company cannot issue shares. Again, because of the "Chill" order, many outlets for trading are not currently available with possibly the exception through Knight, Benson or others.

Since the company is unable to issue shares for the time being, other funding options are under review to (cover) pay overdue annual agricultural property payments, annual mining licenses as well as ongoing monthly administrative costs.

External entities interested in a relationship with SGC and its properties as referred to in previous reports continue to negotiate while being aware of the company's current situation.

SGC filed its current quarterly financial statements as required, however, in the event that they may not be available for viewing on Pink Sheets, copies may be accessed on the company's website. The company will keep shareholders advised to any progress or status changes as they may occur.