DRP Journal

Discover Research Profit

Finance 

The Sustainable Green Team Ltd (OTCMKTS:SGTM) Stock On Radar After Latest Development

Ian Leigh , , , ,

Environmentally conscious solutions providing company The Sustainable Green Team Ltd (OTCMKTS:SGTM) mainly works with the disposal, arbor care and recycling industries.

Trading Data

On Friday, SGTM stock slumped 4.04% to $0.9500 with 4.24K shares, compared to volume of 5.99K shares. The stock moved within a range of $0.8702 – 1.2300 after opening trade at $1.0900.

On May 11 the company shared key updates with regards to its Annual Shareholder Meeting. It could be a good idea for investors to take a look into some of the highlights. The meeting had earlier been scheduled for May 12, 2023 but The Sustainable Green Team decided to reschedule it to June 9, 2023 instead. The meeting would begin at 9 in the morning Eastern Time. The main agenda of the meeting would be to have a discussion about the Fiscal year 2022 and also the first fiscal year of 2023.

It would also include discussions about the highlights from those periods, the outlook for the upcoming periods and to act upon some key proposals. One of those would be the election of three director to the board of directors who would stay in place up until the next Annual Meeting of Shareholders. The other proposals would be for the ratification of auditors and any other business which may emerge in the days ahead of the annual general meeting.

Ian Leigh

Ian Leigh is a specialist in analyzing stocks, SEC and OTC filings, and financials of public and privately-held companies. He has played a significant role in M&A activity, consulting with publicly-held firms on acquisitions and divestitures. He also consults on valuations and branding. He lectures at major universities and teaches at specialty financial schools.