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The Sustainable Green Team New Initiatives & Revenue Updates

Key Takeaways:

  1. New Subsidiary: The Sustainable Green Team, Ltd. (SGTM) has established SGTM-VRM, LLC., a wholly-owned subsidiary that will be the exclusive Master licensee of VRM Biologik products in the Americas and Caribbean Islands.
  2. Revenue Milestone: SGTM has invoiced approximately $7.5 million from its new product lines, HumiSoil® and Core Catalyst, to the Middle East, indicating a growing demand for sustainable products in the region.
  3. Management Restructuring: SGTM has undergone a management restructuring that includes cost-cutting measures, efficiency improvements, and new appointments. Josh Ganganna will now oversee operations.
  4. Board Changes: Brad Baker and Colleen McAleer have resigned as directors and transitioned to advisory roles. VRM Biologik has also been invited to contribute a Director to the Board.
  5. Advisory Panel: SGTM has formed a combined Advisory Panel comprising experienced professionals and talented individuals to prepare SGTM-VRM for implementing large-scale Food and Water Security programs worldwide.

The Sustainable Green Team, Ltd. (SGTM), a leading provider of sustainable solutions, has announced several significant developments to enhance its mission of promoting sustainability and environmental consciousness.

Exclusive Licensing and New Subsidiary

SGTM has established a new wholly-owned subsidiary, SGTM-VRM, LLC., which will become the exclusive Master licensee of VRM Biologik products in the Americas and Caribbean Islands. This subsidiary will house the critical inventory of VRM Biologik’s products and manage all sales and operations involving VRM Biologik’s intellectual property in the region. The collaboration strengthens SGTM’s position as a leading provider of sustainable solutions.

Revenue Milestone in the Middle East

The company has invoiced approximately $7.5 million from its groundbreaking new product lines, HumiSoil® and Core Catalyst, to the Middle East. This achievement demonstrates the growing demand for environmentally friendly and sustainable products in the region. SGTM remains committed to expanding these products’ global reach and positively impacting soil health and crop yield.

Management and Board Restructuring

To streamline operations and maximize efficiency, SGTM has implemented a management restructuring. Josh Ganganna, the existing Director of Operations, has been appointed to oversee operations. Concurrently, Brad Baker and Colleen McAleer have resigned as directors and transitioned to advisory roles within the company. VRM Biologik has also been invited to contribute a Director to the Board.

Formation of Advisory Panel

SGTM has announced the formation of a combined Advisory Panel comprising experienced professionals and talented individuals. This panel aims to prepare SGTM-VRM for implementing large-scale Food and Water Security programs worldwide.

Future Outlook

These developments mark an important milestone in SGTM’s journey towards sustainability and global impact. The company remains confident that these strategic initiatives will enable it to make a positive difference in the world while delivering value to its stakeholders.

Photo by White Field Photo on Unsplash 

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