ORLANDO, Fla, July 20, 2020 (GLOBE NEWSWIRE) -- National Storm Recovery Inc. (OTC: NSRI) (“NSRI” or the “Company”), a leading provider of environmentally beneficial solutions for tree and storm waste disposal, today announces that has continued its rebranding and expansion plans, effective July 21, 2020, by transitioning to its new corporate name, Sustainable Green Team, Ltd., and begin trading under the symbol “SGTM”

Historically a ticker symbol may change because the company changes its name, generally doesn’t mean much of its operations, though investors may interpret it as positive sign if it reflects a positive sign if it reflects a positive change in the overall strategy, based on investopedia.

The Company announced earlier this year that it had successfully acquired Mulch Manufacturing, Inc. under the Company’s Sustainable Green Team, Ltd. subsidiary, adding $20,503,975 in equipment assets and generating revenues of over $6,255,262 gross profits of $1,728,506 in gross profit, all within two months of the Company’s first quarter following the Mulch acquisition. Due to the opportunities we now have with the Mulch acquisition, the Company’s management team is rebranding itself and transitioning from the name, National Storm Recovery, Inc, to Sustainable Green Team, Ltd. The Sustainable Green Team name is best suited for the Company’s future direction. Along with the Company’s name change, NSRI will be trading under the new symbol “SGTM”.

The ticker symbol change doesn’t do anything to markets or to the way investors execute trades since everything is electronic, trading platforms or brokers will already update their portfolio to include the new ticker symbol.

Tony Raynor, NSRI’s CEO and director, comments, “The Company name and ticker change are pivotal for the direction we’re heading. The name suits us best in view of our rebranding and planned expansion.”

About National Storm Recovery, Inc. (NSRI)

National Storm Recovery, Inc., (“NSRI”) through its subsidiaries, provides tree services, debris hauling and removal, biomass recycling, mulch manufacturing, packaging and sales. The Company was established with the objective of providing a solution for the treatment and handling of tree debris that has historically been disposed of in landfills, creating an environmental burden and pressure on disposal sites around the nation. The Company and its Sustainable Green Team’s solutions are founded in sustainability, based on vertically integrated operations that begin with the collection of tree debris through its tree services division and collection sites and then, through its processing division, recycling and using that tree debris as a feedstock that is manufactured into a variety of organic, attractive, next-generation mulch products that are packaged and sold to landscapers, installers and garden centers. The Company plans to expand its operations through a combination of organic growth and strategic acquisitions that are both accretive to earnings and are positioned for rapid growth from the resulting synergistic opportunities identified. The Company’s customers include governmental, residential and commercial customers.

For more information about NSRI’s operations, expansion plans and production facilities, view the Company’s presentation.

SAFE HARBOR ACT: Forward-Looking Statements are 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, listing on the CSE, 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. 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. No information in this press release should be construed in any matter whatsoever as an indication of the future performance of the Company’s revenues, financial condition, or stock price.

Company Contact:
Anthony Raynor
CEO & Director
407.886.8733 Office

Corporate Communications:
InvestorBrandNetwork (IBN)
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
Editor@InvestorBrandNetwork.com