Orlando, FL., Oct. 02, 2025 (GLOBE NEWSWIRE) -- Sustainable Green Team, Ltd. (OTC:SGTM) ("SGTM" or the "Company"), a leader in eco-friendly solutions, has announced a restructuring plan aimed at reducing debt and enhancing shareholder value. This initiative reflects our commitment to investors and our goal of reinforcing our capital framework in a rapidly changing market.
As a result of negotiations with significant creditors, the Company has established settlements with payment plans that will, over time, reduce our debt by over $25 million. SGTM has already achieved a $6 million reduction in debt, enhancing our ability to launch new sales of key product lines and refine overall business strategies.
These settlements have also enabled the rescinding of 23 million shares of common stock to the treasury, linked to the reduction of associated debt. This step is crucial in SGTM's strategy to enhance market liquidity, providing shareholders with improved flexibility and increased potential for returns. By actively addressing dilution, SGTM is positioning itself for sustainable growth.
Additionally, the Company has strengthened its team by bringing on new advisors and incorporating innovative technologies and development strategies. This comprehensive approach empowers SGTM to improve its operational capabilities and drive pioneering solutions in the environmental sector.
"Today's announcement is a significant declaration of our commitment to maximizing shareholder value," stated Tony Raynor, CEO of SGTM. "We are confident that these strategic measures will safeguard the interests of our existing shareholders and attract new investors who align with our long-term vision for growth and innovation."
As we focus on reducing debt levels, SGTM is strengthening its financial health and pursuing new opportunities for sustainable expansion. We extend our gratitude to our shareholders for their unwavering trust and support as we remain devoted to driving value and pursuing opportunities that align with our strategic goals.
About Sustainable Green Team, Ltd.
Sustainable Green Team, Ltd. is an innovative technology company dedicated to pushing the boundaries of science and technology. Our mission is to convert waste into wealth, harvest power, and advance environmental restoration at scale, focusing on climate reversal and reducing greenhouse gas emissions. We transform organic waste into valuable "Water Less Garden®" soil and "Living Mulch" using advanced carbon capture technology. Our products decrease water usage and boost agricultural yields, promoting a sustainable future. Available through retail and agricultural channels, our transformative soil solutions enhance soil health and address waste challenges for consumers and large-scale operations.
For more information, please visit: www.SGTMtech.com
SAFE HARBOR ACT: This press release contains forward-looking statements as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements, including those regarding our future financial position, operational results, cash flows, financing strategies, business plans, product offerings, competitive standing, growth potential, and management objectives, involve risks and uncertainties that could cause actual results to differ materially. Words such as "anticipate," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," and "will" indicate forward-looking statements. We are not obligated to update or alter these statements based on new information or future events.
Company Contact:
Tony Raynor
CEO & Director
407.886.8733 Office
www.sgtmtech.com
