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Sting Packaging Ltd is a private limited liability company incorporated in Uganda .Recently developed an innovative technology for waste management.The company's directors Lutoti Brian, Nanvuma

Sting Packaging Ltd is a private limited liability company incorporated in Uganda .Recently developed an innovative technology for waste management.The company's directors Lutoti Brian, Nanvuma Lydia, Muhammed Luwaga, and Kylie Jamila who are equal shareholders wish to raise capital from the public the sum of UGX 5,000,000,000(FIVE BILLION SHILLINGS ONLY) and the Companies Act prohibits a private company from transfer of shares to the public.

With reference to the relevant legal authorities advise them on how this may be achievable.

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