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Re: Spicknspan post# 237

Wednesday, 10/25/2017 2:17:07 PM

Wednesday, October 25, 2017 2:17:07 PM

Post# of 623
GroGenesis CEO Richard Kamolvathin Interviewed by CEOCFO Magazine on AgraBurstPRO, an Organic Agricultural Input

CEO Discusses Company Mission, Expansion of Distributor Network and Revenues
SIOUX FALLS, SD - (NewMediaWire) - October 25, 2017 - GroGenesis, Inc. (OTCQB: GROG) (the "company"), a global sustainable pioneer in AgriTech™ and the producer of AgraBurstPRO™, an organic, non-GMO nano-surfactant and emulsifier for farmers, fertilizer manufacturers and commercial lawn and turf companies, announced today that CEOCFO Magazine, an online investment publication that conducts interviews with company CEOs and CFOs, featured Richard D. Kamolvathin, President and CEO of GroGenesis, Inc., in the October 23, 2017 issue. In an exclusive interview with Lynn Fosse, Senior Editor of CEOCFO Magazine, Mr. Kamolvathin discussed the company's vision of assisting farmers in providing a path to value-added organic food production and increasing crop yields in the process of that transition. The interview can be accessed at http://www.ceocfointerviews.com/interviews/GroGenesis17.htm.
GroGenesis management recently returned from South East Asia after conducting a very successful Global Partners Conference where the company signed a distribution agreement with Curwel International, Co. Ltd. of Phnom Penh, Cambodia to distribute GroGenesis' groundbreaking organic input, AgraBurstPRO™ in the countries of Cambodia, Vietnam, Sri Lanka and Laos. GroGenesis has distributors in two other South East Asia countries -- Bangladesh and Myanmar -- and Latin America and the Caribbean Basin. The conference was covered by the media on TV, in newspapers, and online news sites.
Mr. Kamolvathin fielded questions on the company's prospects for revenues in the near future. He noted, "We look very positively towards generating revenue now with expectations -- and I underscore the word 'expectations' -- of healthy quarter to quarter revenue growth over the next two to four quarters. As of last quarter, we transitioned from a pre-revenue to a revenue-producing company. I like to say that we have moved from a company saying they have a product to a company that has a product that customers deem valuable enough to pay for."
When questioned about the company's future profitability, Mr. Kamolvathin said, "Our business model is designed to run lean, and we intend to keep it that way as we move forward. We contract with an experienced organic blender to produce AgraBurstPRO under our specifications and provide warehousing and logistical support. We do not have a retail sales force nor an institutional sales force. Our business is based on developing wholesalers, master distributors and distributors and then incentivizing them with a reasonable profit margin. We provide technical support and marketing support to these distributors, but we are structured to minimize the necessary overhead and shorten the path to long term profitability."
Mr. Kamolvathin emphasized that the Company's mission was two-fold. One goal is to make a demonstrable difference in the lives of farmers worldwide struggling to make a decent living for their families. And the second goal is to enhance shareholder value by growing deliberately and profitably to eventually becoming an influential force in the sustainable agriculture industry on a global scale.

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