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The Sustainable Green Team, LTD. Receives a $46.8 Million HumiSoil® Purchase Order from the Middle East and Africa

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The Sustainable Green Team, LTD. (OTCQX: SGTM) has received a $46,800,800 purchase order from VRM Biologik Middle East and Africa for their HumiSoil® product. The purchase order is for 1,350,040 cubic yards of HumiSoil® and will be fulfilled through five scheduled pickups until December 31, 2024. HumiSoil® is an organic soil amendment that reduces the need for fertilizers and chemicals while increasing agricultural production. SGTM aims to restore topsoil and water resources to 25% of arable lands globally.
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Orlando, FL, May 23, 2023 (GLOBE NEWSWIRE) -- The Sustainable Green Team, LTD. (OTCQX: SGTM) (“SGTM” or the “Company”), a provider of environmentally conscious solutions in the arbor care, disposal, and recycling industries receives a $46,800,800 HumiSoil® Purchase Order (the “P.O.”) from VRM Biologik Middle East and Africa.

The P.O. is for 1,350,040 cubic yards of SGTM’s new HumiSoil® product currently being manufactured in three strategic facilities located in Florida and Georgia. The P.O. is broken into five scheduled pickups from the date the order was placed through December 31, 2024.

HumiSoil® is a 100-percent organic soil amendment, converted from any vegetative green waste or compostable material, and stimulates natural reactions that manufactures and stores soil moisture. HumiSoil® reduces the need for fertilizers and chemicals, while increasing production of agricultural products, including livestock grazing on pastureland.

Tony Raynor, SGTM’s Chief Executive Officer commented, “I am excited to expand our partnership with VRM and support the efforts in the Middle East. This P.O. lines up with SGTM’s global goal to restore the topsoil and water resources to 25% of arable lands. We know this is just the beginning to many other opportunities worldwide.” To learn more watch: https://youtu.be/q6wd00BrhuM

VRM Biologik has innovated many methods and products to enhance photosynthesis and hydrogen management in soils and water. This includes the revolutionary deployment of catalysts which stimulate Biological Hydrosynthesis – a natural reaction which captures atmospheric carbon and results in the manufacture of additional water – in depleted and dry soils.

About The Sustainable Green Team, Ltd.

The Company is a wholesale manufacturer and national supplier of wood-based mulch, soil, lumber products and soil amendment products: HumiSoil® and XLR8®. The Company sells directly to mass merchandisers, home centers, hardware stores, nurseries, garden centers, convenience stores, food stores, and wholesale distributors. The Company’s primary corporate objective is to provide a solution for the treatment and handling of tree debris that has been historically sent to local landfills and disposal sites, creating an environmental burden and pressure on disposal sites around the nation.

To learn more, please visit: https://www.thesustainablegreenteam.com or visit SGTM’s YouTube Channel.

About VRM Biologik Inc.

VRM Biologik Middle East and Africa has innovated many methods and products to enhance photosynthesis and hydrogen management in soils and water. This includes the revolutionary deployment of catalysts which stimulate Biological Hydrosynthesis – a natural reaction which captures atmospheric carbon and results in the manufacture of additional water – in depleted and dry soils. The VRM Biologik Middle East and Africa is headquartered in Dubai and operates regenerative programs across Asia, Africa and the Middle East.

To learn more, please visit thesustainablegreenteam.com, or vrmbiologik.com, or feel free to visit SGTM’s YouTube Channel.

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 place undue reliance 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
Nickolas S. Tabraue
Chief Compliance Officer and
Chief Investor Relations
(786).375.7281
ntabraue@sgtmltd.com


FAQ

Who received the purchase order for HumiSoil®?

The Sustainable Green Team, LTD. (SGTM) received the purchase order for HumiSoil®.

How much is the purchase order worth?

The purchase order is worth $46,800,800.

What is HumiSoil®?

HumiSoil® is a 100-percent organic soil amendment that stimulates natural reactions, manufactures and stores soil moisture, and reduces the need for fertilizers and chemicals.

How much HumiSoil® is included in the purchase order?

The purchase order is for 1,350,040 cubic yards of HumiSoil®.

What is the delivery timeline for the purchase order?

The purchase order will be fulfilled through five scheduled pickups from the date the order was placed until December 31, 2024.

What is SGTM's global goal?

SGTM's global goal is to restore the topsoil and water resources to 25% of arable lands.

Sustainable Green Team, Ltd.

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About SGTM

sustainable green team, ltd., through its subsidiaries, provides storm/disaster recovery services. it offers tree, debris hauling and removal, and biomass recycling services. the company also manufactures, packages, and sells mulch to landscapers, installers, and garden centers. it serves governmental, residential, and commercial customers. the company was formerly known as national storm recovery inc. and changed its name to sustainable green team, ltd. in july 2020. sustainable green team, ltd. is based in apopka, florida.