Sustainable Green Team, Ltd. (SGTM) Signs Purchase Agreement to Acquire Patents and Intellectual Property for Disruptive Agricultural Technologies

Rhea-AI Summary

Sustainable Green Team (SGTM) has signed a purchase agreement to acquire patents and intellectual property for disruptive agricultural technologies. These innovations are scalable and market-ready, covering various aspects of agriculture, from organic to conventional practices. The acquired patents include livestock probiotics, microbial packages, hemp and CBD products, foliar programs, and 100% organic fertilizers. These versatile products can be used in home gardening, turf applications, and large-scale agricultural production. This acquisition aligns with SGTM's sustainability goals and expands its product offerings globally. SGTM plans to integrate the technologies' developers into its team for seamless implementation.

Positive

• SGTM acquires patents and intellectual property for disruptive agricultural technologies.
• The acquired technologies are scalable and ready for market implementation.
• Products include livestock probiotics, microbial packages, hemp and CBD products, foliar programs, and 100% organic fertilizers.
• Versatile applications: home gardening, turf, and large-scale agriculture.
• Aligns with SGTM's sustainability goals and expands their product offerings globally.
• Case studies show reliability and effectiveness across thousands of acres in the U.S.
• Seamless integration of technologies' developers into SGTM as technical officers.

Negative

• Potential integration challenges with new technologies and developers.
• Future financial performance dependent on successful global market implementation.
• Initial costs associated with acquiring patents and intellectual property.

ORLANDO, Fla., June 03, 2024 (GLOBE NEWSWIRE) -- Sustainable Green Team, Ltd. (OTC: SGTM) ("Company"), a leading provider of sustainable agricultural solutions, announces the signing of a purchase agreement to acquire a series of patents and intellectual property related to the development of disruptive agricultural technologies. These innovative technologies are simple, scalable, and available for market implementation.

The intellectual property behind these technologies is truly groundbreaking. SGTM teams' dedication and expertise have enabled the Company to create initiatives and solutions that have the potential to revolutionize the agricultural industry and home garden use.

With this strategic acquisition, SGTM will have closed its loop and expanded its product lines to cover all aspects of agriculture, from certified organic to conventional practices. The acquired patents include advancements in livestock probiotics enzymes, patented microbial packages, hemp and CBD, foliar programs, and 100% organic pelletized fertilizers. These product lines offer a wide range of solutions, including all-purpose fertilizers and three-in-one solutions that serve as insecticides, fungicides, and bactericides for crop and turf applications.

The product lines will allow SGTM to provide products for all facets of agricultural production, including conventional crop production, organic crop production, pastureland, ancillary products and services, and livestock health. The Company's conventional crop production products will include dry fertilizer, products, starters, germination enhancers, soil conditioners, foliar enhancers, biological inoculants, and micro-nutrient packages.

One of the key features that sets these product lines apart is their versatility. They can revolutionize the agricultural industry, which benefits home, lawn, turf, and gardening applications.

What makes these products remarkable is their compatibility with certified organic and conventional cultivation methods. This versatility ensures that a diverse range of growers can benefit from these solutions. Furthermore, SGTM's 100% organic fertilizers prioritize the safety of humans and animals, as they are pet-friendly and non-toxic. These products are environmentally friendly, aligning with SGTM's commitment to sustainability.

Extensive case studies show the effectiveness and reliability of these product lines, successfully used spanning thousands of acres across the United States. Building on this success, SGTM plans to expand the utilization of these product lines globally, bringing sustainable agricultural solutions to farmers worldwide.

As part of the agreement, SGTM will appoint the technologies' developers and formulations as technical officers within the Company. This strategic move will ensure a seamless transition and provide the necessary support and resources to implement and train SGTM's team effectively.

"We are excited to close the loop and offer an organic solution that has already undergone rigorous certifications and is ready to go to market," said Tony Raynor, CEO of Sustainable Green Team, Ltd., "Our focus on combining the power of nature with cutting-edge, disruptive technologies allows us to deliver products that meet the highest standards of efficiency and sustainability."

For media inquiries or further information, please contact Tony Raynor at 1-407-886-8733 and traynor@sgtmltd.com.

About Sustainable Green Team, Ltd. (OTC: SGTM) ($SGTM):

Sustainable Green Team, Ltd. (OTC: SGTM) ($SGTM) is a leading Company in climate reversing technologies, a provider of sustainable solutions to improve environmental health, promote sustainable practices, and deliver eco-friendly products and services. SGTM aims to make significant contributions to global sustainability; learn more by visiting the Company website, https://thesustainablegreenteam.com/, SGTM's YouTube Channel, Corporate Bloomberg TV commercial - https://www.youtube.com/watch?v=d_0rLESvJJ0, corporate video - https://www.youtube.com/watch?v=xJ7Dp9Coi88&t=1s and SGTM's Blogs - https://thesustainablegreenteam.com/sgtm-blog.

Cautionary Note Regarding Forward-Looking Statements:

This news release contains forward-looking statements included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products, and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. The Company cautions readers not to rely on any such forward-looking statements, which speak only as of the date made. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.

Company Contact:

Tony Raynor, CEO
Sustainable Green Team, Ltd. (OTCQX: SGTM) ($SGTM)
www.sustainablegreenteam.com
Traynor@sgtmltd.com
407-886-8733

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e18ddcbd-56fa-4e09-a901-976d2db95e22

FAQ

What recent acquisition did Sustainable Green Team (SGTM) announce?

SGTM announced the acquisition of patents and intellectual property for disruptive agricultural technologies.

What types of products are included in SGTM's new patents?

The patents include livestock probiotics, microbial packages, hemp and CBD products, foliar programs, and 100% organic fertilizers.

How will the new technologies benefit SGTM?

The technologies will allow SGTM to expand its product lines, offering solutions for both organic and conventional agricultural practices.

Are SGTM's new products environmentally friendly?

Yes, the new products are 100% organic, pet-friendly, non-toxic, and align with SGTM's sustainability goals.

What areas will SGTM's new products cover?

The products will cover various facets of agricultural production, including crop production, pastureland, and livestock health.

Will SGTM's new technologies be available globally?

Yes, SGTM plans to expand the utilization of these products globally, providing sustainable agricultural solutions to farmers worldwide.

What role will the developers of the new technologies have in SGTM?

The developers will be appointed as technical officers within SGTM to ensure a seamless transition and effective implementation.

How effective are SGTM's new product lines?

Extensive case studies show that the product lines are reliable and effective, having been used across thousands of acres in the U.S.