September 29, 2016 10:46 PM ET

Construction and Engineering

Company Overview of SG Blocks, Inc.

Company Overview

SG Blocks, Inc., through its subsidiary, SG Building Blocks, Inc., provides code engineered cargo shipping containers primarily in the United States. The company redesigns, repurposes, and converts heavy-gauge steel cargo shipping containers into green building blocks for use in commercial, industrial, and residential building construction. It also offers engineering and project management services related to the use of modified containers in construction. The company serves builders, developers, government officials, urban planners, architects, and engineers. SG Blocks, Inc. was founded in 2007 and is headquartered in Brentwood, Tennessee.

912 Bluff Road

Brentwood, TN 37027

United States

Founded in 2007

5 Employees



Key Executives for SG Blocks, Inc.

Chairman of the Board and Chief Executive Officer
Age: 53
President and Chief Operating Officer
Age: 68
Chief Financial Officer and Director
Age: 56
Vice President of Business Development
Director of Logistics
Compensation as of Fiscal Year 2016.

SG Blocks, Inc. Key Developments

SG Blocks, Inc. announced delayed 10-Q filing

On 08/15/2016, SG Blocks, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

SG Blocks, Inc. Announces Auditor Changes

SG Blocks, Inc. dismissed its independent registered public accounting firm, Marcum LLP (Marcum), and subsequently engaged Whitley Penn LLP (Whitley Penn). The decision to dismiss Marcum and engage Whitley Penn was approved by the company's full Board of Directors and the Audit Committee of the Board.

SG Blocks, Inc. Announces Executive Changes

On July 26, 2016, Brian Wasserman resigned his position as Chief Financial Officer of the SG Blocks, Inc. There were no disagreements between Mr. Wasserman and the Company. On July 29, 2016, the Board of Directors of the Company appointed Mahesh Shetty as the Company's Chief Financial Officer. Mr. Shetty, 57, currently serves on the Board of Directors of the Company and has been a consultant to the Company since March 2016. He was appointed as a Director of the Company on July 1, 2016, following the Company's emergence from bankruptcy on June 30, 2016. Since December 2015, he serves as the Chief Restructuring Officer at PFO Global, Inc. From 2008 to 2015, Mahesh served as the Partner, Chief Operating Officer and Chief Financial Officer of Encore Enterprises, Inc.

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Recent Private Companies Transactions

Private Placement
June 30, 2016
October 15, 2015

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