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Aerogrow International Inc. (AERO)

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Last Post: 12/4/2016 3:40:52 PM - Followers: 85 - Board type: Free - Posts Today: 0

11/30/16 - Scotts Miracle-Gro Exercised its Current Outstanding Warrants, Establishing an 80% Beneficial Ownership Position

*** Board of Directors declares a $41 million, $1.21 per share distribution

Great News out!!!

About AeroGrow International, Inc

The Story of AeroGrow

Growing fresh food and flowers lifts the spirit and nurtures the soul. But for most people, the nurturing ends when winter begins. AeroGrow founder Michael Bissonnette said, "Wouldn't it be great to have fresh herbs, flowers and veggies growing in your home, any time of year?". So he and a group of like-minded innovators married that notion to aeroponics, a highly efficient gardening technology in which plants grow in water, nutrients and air.

After four years, dozens of prototypes, and hundreds of seed evaluations, the AeroGarden was born and today there are over 500,000 enthusiastic AeroGarden customers. Michael is awed by the response. "It's amazing", he says. "We grew some basil, and started a revolution."

Corporate Overview

AeroGrow is the creator, manufacturer, and marketer of the AeroGarden line of indoor gardens for consumer markets worldwide.

The AeroGarden line is sold primarily through our direct-to-the-consumer efforts via our own catalog, the web, and through TV commercials and infomercials. In addition, AeroGardens are sold through retailers worldwide, including Amazon, Ace and Canadian Tire and TV home shopping networks including QVC.

All of our gardening products feature our proprietary technology which allows consumers to garden indoors, year round, with no dirt, no weeds, and no green thumb needed. AeroGardens are complete indoor gardening systems with built-in, full spectrum grow lights, custom time-release nutrients, auto-feed, water and lighting systems, and "smart garden" consumer alerts for guaranteed success.

Since launching our first product in March 2006 we have sold almost 1 million AeroGardens and have expanded our product line to include multiple gardens with different form factors, price points, and consumer benefits.

AeroGrow also develops, manufactures and markets a variety of consumable products for use in its gardens. These seed kits, lights, nutrients and accessory products provide ongoing, repeat sales to the Company and generate continued engagement and interest from our user base. These repeat sales now account for approximately 35% of corporate revenues.

AeroGrow was founded in July 2002 and became a publicly-traded company on February 24, 2006. AeroGrow is headquartered in Boulder, Colorado and employs approximately 45 people.
Management Team


Mike Wolfe                     Greg Clarke                John Thompson
     CEO                                   CFO                VP Sales and Marketing

Mike Wolfe joined AeroGrow in April of 2006 as Vice President of Operations, was promoted to Chief Operating Officer in January 2010, and to Chief Executive Officer on March 31, 2011. Mr. Wolfe has over 20 years of senior level operations experience in the field of consumer products - with particular emphasis in direct marketing, order fulfillment, and customer service/telemarketing.

As Chief Operating Officer of Concepts Direct, Inc., Mr. Wolfe oversaw the launch, development and operation of seven independent catalogs (along with associated e-commerce sites) including the highly successful Colorful Images, Snoopy, Etc. and Linda Anderson brands. In addition, he was responsible for a fulfillment operation that managed 15,000+ SKUs and processed over 3 million orders per year. He held this role from the company's inception in 1992 and throughout its rapid growth to sales of over $80 million in just six years. The company's major catalog assets were later sold to the Taylor Corporation.

Prior to this, Mr. Wolfe served as Vice President of Wiland Services, Inc., a database management company that builds and maintains the databases of many top-flight direct marketing companies, including Sears, Dell Computer, Lillian Vernon and Prudential. Wiland was sold and became a division of EDS in 1992. He has also served as a consultant and as a Board member both to corporations as well as non-profit organizations.

Mr. Wolfe holds a BS degree in Finance and Marketing from the University of Colorado and received his MBA from the University of Denver.

H. MacGregor (Greg) Clarke is a high-performance, hands-on business leader with an exceptional record of achievement, impact, and success in senior executive roles at large multinational and middle market companies. Mr. Clarke brings to AeroGrow an extensive background in finance, operations, and strategy, as well as consumer product experience, having served as President, CEO and CFO at a number of high-growth companies during his career.

Most recently, Mr. Clarke worked at Ankmar, LLC, a private equity-owned, nationwide garage door manufacturer, distributor, and installer, first as CFO and later as CEO, where he successfully restructured the company's operations and managed the sale of Ankmar to strategic buyers.

Prior to Ankmar, Mr. Clarke served as Vice President and General Manager at Johns Manville Corporation, a $2.2 billion building materials subsidiary of Berkshire Hathaway Inc., where he was responsible for all operations and financial performance for the Building Insulation Division. Previously, Mr. Clarke served as Vice President, Corporate Treasurer and International Division CFO at The Coleman Company, Inc., a $1.3 billion NYSE-listed recreation products company, where he served during a period of substantial top-line growth. Mr. Clarke also worked for nine years at PepsiCo, Inc., most recently as Director, Corporate Strategic Planning, where he led strategy and planning for the worldwide beverage sector.

Mr. Clarke holds an MBA in Finance from Columbia University Graduate School of Business and a BA in Economics from Amherst College.

John Thompson helped found AeroGrow in July 2002 and was promoted to Senior Vice President, Sales, and Marketing in January 2010. Mr. Thompson was involved in all aspects of fund raising, product development, marketing and sales in the early days of the company. Mr. Thompson brings AeroGrow over 20 years of experience in management, direct marketing, sales management, and advertising.

Prior to AeroGrow, Mr. Thompson was a Director of Marketing for Productivity Point International (PPI), a $150 million dollar a year direct marketing and direct sales company in the consumer and business training industry.

Prior to PPI, Mr. Thompson was Sales and Marketing Manager for CareerTrack, a local, high profile, direct marketing company with $80 million in revenues, known for using innovative direct mail and telesales methods to sell personal and professional growth products to the consumer and business markets. For ten years Mr. Thompson was a key player, holding senior management positions in sales and marketing during CareerTrack's high growth years, when the company skyrocketed from $40 to $80 million dollars in sales in just 4 years.

In addition, Mr. Thompson was the founder and President of Innovative Marketing Solutions, a marketing consulting agency to entrepreneurial and high-tech companies.

Important Links!/aerogarden/

Corporate Address and Phone Number
6075 Longbow Drive
Suite 200
Boulder, CO 80301

Phone: 303-444-7755

Ticker:  AERO
OTC Market Place:  OTCQB
CIK code: 0001316644
Company name: Aero Grow International, Inc.

Incorporated In:  NV, USA 2002
Business Description: AeroGrow is the creator, manufacturer and marketer of the Miracle-Gro AeroGarden line of indoor gardens for consumer markets worldwide. Headquartered in Boulder, Colorado, AeroGrow International, Inc. is the leader in the rapidly growing indoor gardening market with a commitment to "Grow Anything... Anytime... Guaranteed."

AERO share structure 
  Market Value1 $21,607,417 a/o Jul 06, 2016
  Authorized Shares 750,000,000 a/o Jul 06, 2016
  Outstanding Shares 8,574,372 a/o Jul 06, 2016
  Float 5,318,061 a/o Jul 06, 2016
  Par Value 0.001  

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Current Price
Bid Ask Day's Range
AERO News: Statement of Changes in Beneficial Ownership (4) 12/02/2016 06:24:09 PM
AERO News: Statement of Changes in Beneficial Ownership (4) 11/30/2016 09:20:39 AM
AERO News: Amended Statement of Beneficial Ownership (sc 13d/a) 11/30/2016 09:17:05 AM
AERO News: Current Report Filing (8-k) 11/30/2016 08:46:24 AM
AERO News: Current Report Filing (8-k) 11/10/2016 04:42:36 PM
#2528   eom fuego10 12/04/16 03:40:52 PM
#2527   Monday(contemplating), I'm looking to add even though the Guitarmanlife 12/02/16 05:21:40 PM
#2526   lol called it! Guitarmanlife 12/02/16 05:13:47 PM
#2525   been running all year from .85 cents I Guitarmanlife 12/02/16 05:13:08 PM
#2524   my bet that gap near 2.80ish i think Guitarmanlife 12/02/16 05:02:03 PM
#2523   Been holding shares since Dec 2013ish here! Guitarmanlife 12/02/16 04:59:48 PM
#2522   My apologies, new to the board. The 8-K Can O-Bus4all 12/01/16 03:23:35 PM
#2521 Am I re Can O-Bus4all 12/01/16 02:13:15 PM
#2520   SMG is MONSANTO THE GMO & ROUND UP GhostTrain 12/01/16 05:23:43 AM
#2519   From Today's AERO Pr....This seems to be the fuego10 11/30/16 04:20:05 PM
#2518   First off, I'm sure you read the part fuego10 11/30/16 03:11:36 PM
#2517   Yes I am really asking that. It's obvious johnmr12 11/30/16 01:51:46 PM
#2516 starman2 11/30/16 12:22:53 PM
#2515   It absolutely could with the float around 5 Pennystomper55 11/30/16 11:26:51 AM
#2514   $AERO could hit $8-$10 easily this week, maybe fuego10 11/30/16 10:57:08 AM
#2513   HUGE BIDS COMING IN, LAST CHANCE TO GET Pennystomper55 11/30/16 10:56:48 AM
#2512   With the majority of the float locked up Pennystomper55 11/30/16 10:49:33 AM
#2511   Pennystomper, THIS IS HIGHLY EXPLOSIVE! WOWEEEEE! $AERO fuego10 11/30/16 10:45:29 AM
#2510   Absolutely wonderful news. 52 highs will be tested, Pennystomper55 11/30/16 10:36:41 AM
#2509   $ AERO Float 5,318,061 a/o Jul 06, 2016 fuego10 11/30/16 10:31:47 AM
#2508   $AERO getting ready to explode! on todays news! fuego10 11/30/16 10:29:15 AM
#2507   $AERO Scotts Miracle grow getting more involved in fuego10 11/30/16 09:43:57 AM
#2506   $AERO will blow through its 52 week high fuego10 11/30/16 09:38:13 AM
#2505   Really? Are you really asking that? fuego10 11/30/16 09:35:35 AM
#2504   Why is the stock price so high when johnmr12 11/30/16 09:23:30 AM
#2503   I'm in at the bell. fuego10 11/30/16 09:22:33 AM
#2502   not arguing with you there! i see a Guitarmanlife 11/23/16 10:27:40 AM
#2501   Definitely the time to be loading this ticker, Pennystomper55 11/23/16 10:23:24 AM
#2500   it along with ZDPY seem to be holding Guitarmanlife 11/22/16 07:54:36 AM
#2499   Great article! Thanks for posting! Pennystomper55 11/15/16 11:38:44 AM
#2498   Good news out!!! Guitarmanlife 11/15/16 10:00:19 AM
#2497   Here is a good reason that MJ will Guitarmanlife 11/13/16 08:04:44 PM
#2496   AREO I believe is best in breed. TrendTrade2016 11/13/16 03:10:26 PM
#2494   funny so many things I hold I saw Guitarmanlife 11/12/16 10:43:19 AM
#2493   Revenue up 106% quarter over quarter compared to Pennystomper55 11/11/16 01:13:11 PM
#2492   Just a shake, whole MJ sector getting hammered. Pennystomper55 11/11/16 11:48:53 AM
#2491 starman2 11/11/16 09:56:58 AM
#2490   Why the nose dive? Punkertone40 11/10/16 02:53:28 PM
#2489   AERO is very legit, 20 Million in trailing Pennystomper55 11/09/16 10:42:28 AM
#2488   Somebody wanted some shares! This is the futtes 11/09/16 10:31:08 AM
#2487   Nice volume today, hopefully with 5 more states Pennystomper55 11/07/16 11:28:08 AM
#2486   agreed with you and penny! Guitarmanlife 11/04/16 10:43:39 PM
#2485   I think there's a lot of nervousness in starman2 11/04/16 09:00:53 PM
#2484   MJ stocks getting absolutely destroyed this morning, who Pennystomper55 11/04/16 10:34:14 AM
#2483   Sounds good, yeah rough day for the MJ Pennystomper55 11/03/16 04:17:23 PM
#2482   The mj index is down 4.74% right now. starman2 11/03/16 01:00:57 PM
#2481   MJ stocks looking hot today, time for AERO Pennystomper55 11/03/16 09:51:49 AM
#2480   charts are primes for a $5++ move easy Guitarmanlife 11/02/16 01:56:28 PM
#2479   Charts still look hot with a 96% buy Pennystomper55 11/01/16 12:08:27 PM
#2478   The financials released after Christmas this year will Pennystomper55 11/01/16 10:54:46 AM