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Potse

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Potse

Re: None

Sunday, 03/02/2014 4:53:00 PM

Sunday, March 02, 2014 4:53:00 PM

Post# of 10802
GNPG(.02)...established a position.....

Picked up shares of GNPG last week for a high-risk, speculative position. The 1-2 cent area looks like a reasonable range for entry/accumulation.

Based on the last two press releases regarding its food growing system, it appears the $300K third-party investment in GNPG last week was done at a premium to the then-market price of around one cent. The stock was probably still in the sub-penny level when this deal was being negotiated.

The investors receive 8M shares for the $300K investment, and 5M shares for use of the property/facilities where the growing system will be established. The cost basis for the investors is more than .023 per share.
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