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ProGreen US Inc. (PGUS)

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Last Post: 8/16/2017 11:18:51 AM - Followers: 257 - Board type: Free - Posts Today: 13



   ProGreen US, Inc.


Updated June 7th, 2017
Authorized Shares   Outstanding Shares   Restricted Shares      Free Float   
950M   349.81M   103.44M     222M

   CEO Mr. Jan Telander is the proud owner of 
 common shares purchased at various share prices ranging from $.0006 to $.0249 PPS





"These interviews with Mr. Telander really puts PGUS into perspective. The interviews are  a must listen if one is conducting DD or thinking about investing with PGUS"

Interview with ProGreen CEO Jan Telander (Uptick Newswire Podcast)

Interview with ProGreen CEO Jan Telander 2/23/17 ( A must listen!!!! )


 Jan Telander, President and CEO


An accomplished businessman, Jan Telander’s success in business spans over more than three decades. Mr. Telander began his lengthy tenure of developing and directing several successful business models in the early 70s.  In the last few years Mr. Telander has had major successes including starting up Soltech a leading solar technology company in Sweden and China. In Spain Mr. Telander is responsible for the building of over 500 homes. 
In Spain, Sweden, the UK and in the United States, he is recognized for his record of success in real estate developments and construction, private investment dealings, the acquisition and tailoring of start-up companies, including a new solar technology company. Mr. Telander’s strong belief in energy efficiency and green technology has become a focal point in his present evaluation of business opportunities. As the founder and leader of ProGreen, Mr. Telander’s vision for success has now led him to look at Baja California as a great opportunity for future developments. ProGreen has until  now been exclusively involved in real estate in Oakland County, Michigan, but has now started to look into other areas  with great opportunities. At present the company is looking into possible development opportunities in Oklahoma and expansion of  their on going efforts in Baja. 



PGUS Subsidiary   (  Procon Baja JV, Inmobiliaria Contel  )


Procon Baja JV is our joint venture subsidiary with Inmobiliaria Contel in Baja California, Mexico, with ProGreen 51% and Contel 49%. The company is managed by a board of Managing Directors consisting of three members, with two representing ProGreen and one representing Contel. At least two Managing Directors approval is required for major decisions and financial transactions, giving ProGreen full control.

                                         PGUS - Business Summary Real Estate & Agriculture, Baja Ca, Mexico

PGUS Business Updates:

July 5 2016
ProGreen US  Open Letter to Shareholders:

Recently we have begun focusing on opportunities in Mexico, through investments in agricultural land in Baja California. We anticipate to increase this activity substantially over time.

Goals for the next 12-18 months

*  Create a substantial revenue stream from our agriculture land developments in Baja

*  Commence property developments in Baja as well as in the US.

*  Enter into a formal agreement with Soltech Energy Sweden AB and apply their solar technology to suitable properties developed by ProGreen in the US and Baja.

*  Broaden our shareholder base through regular communication and interaction with shareholders and the investment community at large.

*  Get the company moved up to OTCQB and move the company toward a Nasdaq listing.

Transparency towards our shareholders
True transparency of the company's activities and progress in respect to shareholders, we see as essential to attract long term investors and create shareholder loyalty. Keep the public well informed with an open line of communication, channeled mainly through our new website, with attached Twitter feed, message board, ticker news, press releases, and share structure (updated first week of every month). We will also expand our exposure to the public through other suitable social media, webinars and investor presentations, reflecting the mission of transparency as well as growth of the company, to serve as a true barometer of PROGREEN.

Over the past 6 months we have been working very hard with turning the company around and some significant progress has been made.

February 13. A joint venture agreement was executed with INMOBILIARIA CONTEL S.R.L.C.V. (CONTEL) for the first tract of land of approximately 300 acres for agriculture use in Baja California, Mexico. The land has since been developed and prepared for active farming with three wells providing an abundance of water (700 Gallons/minute) and is now being actively shown and marketed to potential buyers, with several parties showing serious interest.

February 17. The earlier outstanding Convertible Debenture of $476,000, was assumed by EIG Venture Capital Ltd., the company's main shareholder, in exchange for Preferred Stock in the company.

February 22. The company signed a capital injection commitment for a total of $300,000 from Jan Telander, CEO of the Company, Ulf Telander, CEO of EIG Venture Capital Ltd., and Frederic Telander, CEO of Soltech Energy Sweden AB, clearly demonstrating confidence and belief in the future of the company.

March 8. The acquisition of American Residential Gap LLC (ARG) was finalized, bringing its 14 properties on to PROGREEN's books, adding a net asset value of $1,285,000 to the balance sheet. The acquisition was a pure paper transaction with full payment being made by issuance of Special Preferred Stock to American Residential Fastigheter AB (ARG's previous sole member), convertible into common stock by March 8, 2017. The conversion price will be based on the average market price for the 20 preceding trading days of March 8, 2017. The Preferred Stock can also be paid off in cash.

March 28. The last of the "toxic" convertibles with institutional lenders, was fully converted.

May 14. A second Joint Venture Agreement was signed with CONTEL for two parcels of land, 235 Ha (588 acres) and 529 Ha (1323 acres) respectively. The land will be prepared and developed for agriculture use, to be leased to growers of produce.

June 17. PROCON BAJA JV was formed in Ensenada, Mexico, as a holding company for the JV signed on May 14. The company is owned by PROGREEN to 51% and CONTEL 49%, and will be managed by a board of Managing Directors consisting of three members, with two representing PROGREEN. At all times, at least two directors' approval will be needed for management decisions or financial transactions, giving PROGREEN, in effect, full operational control. As a majority shareholder, PROGREEN will be able to reflect its assets in Baja on the balance sheet.

June 23. PROGREEN signs definitive agreement with Tangiers Global, for a $5 million Equity Line. A maximum of 100 million shares will be registered in a S-1 Registration Statement for this funding. A note for $22,000 was also issued to cover the cost of the registration statement. The Note is convertible into common stock after six months, at a fixed price of $0.03. Tangiers was also issue 4 million warrants as commitment fee, with a strike price of $0.02.

New direction in Michigan
With steadily rising property prices here in Michigan, we find that rents cannot keep up at the same rate, resulting in lower yielding properties, if based on present values. This has led us to a change of direction.

Many potential home buyers are still today unable to obtain conventional mortgages and are therefore practically excluded from the property market. We have concluded that offering our rental properties for sale with seller financing, can be very beneficial for the company. We are able to obtain higher prices than with conventional financing, with very limited competition in the market place of properties with this type of financing. Recently sold two of our properties were sold with land contracts and a third is expected to close in July.

Outlook for the rest of 2016
We have now commenced work in Baja on the second JV tract of land of some 1900 acres, with 500-800 estimated to be suitable as prime agriculture land. Initially we will be preparing the access road (6 miles), clearing land and drilling wells.

PROGREEN is currently also looking at a number of different options, to find a suitable builder/contractor to partner up with for investment opportunities with solar technology and energy efficiency. We have an established a relationship with Soltech Energy Sweden AB, and are aiming to implement their Solar Shingle Technology in future building projects.

It is our goal to up-list off of the pink sheets to the OTCQB in the near future and show investors that we are building a strong company with a clean balance sheet as well as a steady revenue streams.

Key Highlights

PROGREEN Completes $1,285,000 Acquisition of American Residential Gap LLC

PROGREEN Receives Important Capital Injection - $300,000

Toxic Debenture Conversion Completed

PROGREEN Forms Mexican Subsidiary -- PROCON BAJA JV

PROGREEN Launches New Website

PROGREEN signs $5 million equity line of credit

Aug 2016

ProGreen Plans to Reduce the Number of Authorized Shares

Sept 2016

ProGreen Uplists to OTCQB

Oct 2016

ProGreen Goes for Green Leases

Nov 2016

ProGreen Gets Further Funding From the CEO

Dec 2016

ProGreen Reduces Authorized Shares of Common Stock

Dec 2016

ProGreen's JV Partner Contel Enters Into Agriculture Operations in Baja California

Jan 2017

Contel Signs Million Dollar Produce Agreement

Feb 2017

$5 Million Equity Line Declared Effective

Feb 2017

ProGreen's Subsidiary Procon Acquires 5,100 Acres of Ocean Front Land in Baja

Mar 2017

ProGreen Announces Transfer of Deed and Acquisition Terms for Oceanfront Land

Mar 2017

On March 16, 2017, the Company paid off in cash without any conversions the $100,000 Hopple convertible note issued in September, 2016.



Informational Blog posts by PGUS CEO Jan Telander. Another must read for those conducting research on the company.

2016-05-31 12:09:11 BAJA WATER UPDATE VIDEO

June 2016

Baja Update  ( Drilling water wells on PGUS owned farmland  )

Aug 2016

Baja Business Update

Aug 2016

Baja Business Update   ( Reasoning for the new formed subsidiary PROCON )

Dec 2016

Baja Agriculture Update




1. Our CEO (Jan Telander) and SolTech's CEO (Frederic Telander) obviously have the same last name. I have personally contacted our CEO and he confirmed that Frederic (SolTech CEO) is his cousin.

2. Our CEO (Jan Telander) is a major shareholder of SolTech owning 927,162 shares.
    Frederick Telander owns 1,545,259 SolTech shares


                                                                                                         Links to SolTech Energy Product line  :


Ocean Front  Property owned by PGUS


Virgin soil being prepared for planting of Red Chili Peppers with irrigation




March 27, 2017 - Red Chili Peppers Maturing at Baja Plants Nursery ( Planting late March / early April 2017 )

Water wells drilled in Baja California


Aerial photos of PGUS owned Ocean front real estate,  Cielo Mar ( Heaven By the Sea ) Baja California, Mexico






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PGUS News: Annual Report (10-k) 08/14/2017 02:54:09 PM
PGUS News: ProGreenUS-Contel Showcases Successful Farming Operation at ProGreen Farms™ Arenoso, With First Harvest Underway 08/14/2017 02:14:24 PM
PGUS News: ProGreen Scales Up Phase I Plans for Cielo Mar Development 08/08/2017 11:50:43 AM
PGUS News: ProGreen Launches 2nd Offer For Cielo Mar Lot Reservations 08/01/2017 08:21:44 AM
PGUS News: Notification That Annual Report Will Be Submitted Late (nt 10-k) 07/27/2017 01:49:12 PM
#38538  Sticky Note PGUS DD INSTATRADER 08/07/17 12:10:28 AM
#37444  Sticky Note I wonder, how much patience do you think Davis_Elite 05/27/17 11:04:02 AM
#35635  Sticky Note CieloMar Website New Form 4s and Debt Reduction Davis_Elite 04/05/17 08:47:11 AM
#33015  Sticky Note PGUS News: ProGreen's Subsidiary Procon Acquires 5,100 Acres Davis_Elite 02/03/17 11:57:36 AM
#38774   I actually believe Tesla will be involved with flacrusher 08/16/17 11:18:51 AM
#38773   Our pps is a freaking joke.This going to getitrit 08/16/17 10:32:11 AM
#38772   I have a BIG feeling Tesla will use getitrit 08/16/17 10:28:16 AM
#38771   When should we expect to see the first TheSerb 08/16/17 09:58:51 AM
#38770   Per the uptick telephone interview in August 15, Dmdmd2020 08/16/17 09:02:39 AM
#38769   So Elon Musk has possibly rooted out Sol-tech allenc 08/16/17 08:32:22 AM
#38768   The investment looks to be quite sound. INSTATRADER 08/16/17 08:29:40 AM
#38767   Can't beat it,Great investment$$$ Need to keep adding getitrit 08/16/17 08:26:27 AM
#38766   I did reserve my lots over the weekend. flacrusher 08/16/17 08:24:45 AM
#38764   We still haven't had a big jump yet; DFDBTB 08/16/17 07:37:05 AM
#38763   We as shareholders are aware of the monetary noodle 08/16/17 12:02:14 AM
#38762   We as shareholders are aware of the monetary noodle 08/16/17 12:02:14 AM
#38761   When will the "Significant" AG update happen? noodle 08/15/17 11:20:05 PM
#38760   Undervalued? Yeah! Like how the hell could a DFDBTB 08/15/17 04:42:13 PM
#38759   Definitely agree with you there, I am and Blockhead 08/15/17 04:17:11 PM
#38758   We need a little tap at the close! TheSerb 08/15/17 03:50:46 PM
#38757   Couldn't agree with you more PGUS Davis_Elite 08/15/17 01:13:41 PM
#38756   Yeah. I honestly get tired from time to Enixenigma 08/15/17 12:55:18 PM
#38755   I see folks are still eager to give allenc 08/15/17 12:29:01 PM
#38754   Enix...Thank You..(you're right...!!!) mag12 08/15/17 12:24:11 PM
#38752   I am so excited about the future,Mag private getitrit 08/15/17 11:51:41 AM
#38751   Excellent interview. Thank you for posting. In Jan flacrusher 08/15/17 11:00:50 AM
#38750   Jan States... mag12 08/15/17 10:43:42 AM
#38749   The problem i think is that 99% of Hotbooty 08/15/17 10:41:22 AM
#38748   Its either stupidity or ignorance that our volume getitrit 08/15/17 10:06:34 AM
#38747   Davis you seriously can not own enough of getitrit 08/15/17 10:04:36 AM
#38746   Excellent interview! Stock is severely undervalued PGUS Davis_Elite 08/15/17 09:55:56 AM
#38745   Jan interview discussion today link Vman963 08/15/17 09:44:50 AM
#38743   since my buy from yesterday did not go sewer182 08/15/17 09:07:04 AM
#38742   GOOOOODMORNING Pgus family HUGE things coming in the getitrit 08/15/17 08:55:16 AM
#38741   Im so proud of you!!! Hotbooty 08/15/17 06:55:21 AM
#38740   Look at how far we have come since flacrusher 08/14/17 08:41:34 PM
#38739   Been in this even before it was pgus...since Blockhead 08/14/17 06:51:20 PM
#38738   Almost forgot. The AG business is looking far sewer182 08/14/17 06:33:21 PM
#38737   Good stuff, Davis. Looks like things are moving sewer182 08/14/17 06:30:46 PM
#38736   Interested to dive in and see where we khawkclarke 08/14/17 04:42:23 PM
#38735   Please tell me why you didn't put the uksausage 08/14/17 04:02:08 PM
#38734   One great thing about the 10K is we allenc 08/14/17 03:58:19 PM
#38733   It's quite baffling how there's not more volume The_Riddler 08/14/17 03:40:37 PM
#38732   Vman963 08/14/17 03:37:55 PM
#38731   10-k out. apison 08/14/17 03:24:57 PM
#38730   NICE NEWS TODAY!! HARVEST TIME! TheSerb 08/14/17 03:15:23 PM
#38729   Exactly! Where's Jazz when we need him. The_Riddler 08/14/17 02:39:59 PM
#38728   Things would get real interesting if we can Enixenigma 08/14/17 02:37:47 PM
#38727   PGUS Train keeps on rolling $$$$$$$$$$$$$$$$$$$$$$$$$$$ getitrit 08/14/17 02:29:27 PM
#38726   NO DUILUTION DONT BE FOOLED BY VNDM!!!! Davis_Elite 08/14/17 02:18:48 PM
#38725   So proud of Jan, ProGreen and to any flacrusher 08/14/17 02:09:57 PM
#38724   YEAH that's huge news more buyers more revenues.. Davis_Elite 08/14/17 02:09:35 PM
#38723   Davis...Agreed !!!....Got to Laugh, considering I acquired 80% mag12 08/14/17 02:08:48 PM