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Aerogrow International Inc. (AERO)

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Last Post: 1/4/2018 12:53:47 AM - Followers: 84 - 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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AERO News: Statement of Changes in Beneficial Ownership (4) 12/14/2017 06:00:22 PM
AERO News: Current Report Filing (8-k) 11/13/2017 04:36:08 PM
AERO News: Quarterly Report (10-q) 11/13/2017 04:35:39 PM
AERO News: Current Report Filing (8-k) 09/26/2017 06:04:54 AM
AERO News: Current Report Filing (8-k) 09/05/2017 04:18:07 PM
#2666   Wait till Feb-March for real joy. CA MJ Emerald77 01/04/18 12:53:47 AM
#2665   My friend, she's running. Let's rejoice! $AERO jjr04001 01/03/18 09:07:44 PM
#2664   AERO killing it, up over $1 in the Pennystomper55 01/03/18 12:37:19 PM
#2663   She's moving! $AERO jjr04001 01/02/18 03:32:53 PM
#2662   This one moves very fast. I heard their Emerald77 01/02/18 02:06:13 PM
#2661   Was hoping to get funds cleared before this Pennystomper55 01/02/18 02:00:56 PM
#2660   Up another 28% at $3.24 Emerald77 01/02/18 01:35:36 PM
#2659   Accumulation over. $2.94. Up 27% in two days. Emerald77 12/29/17 12:08:18 PM
#2658   Slow accumulation going on. Ask being hit slowly Emerald77 12/28/17 02:36:52 PM
#2657   This typically starts moving in January and peaks Emerald77 12/27/17 10:01:49 PM
#2656   Anyone feel like this could be a sleeping Pennystomper55 12/27/17 12:51:35 PM
#2654   Why the heck is "walker jack jonas" a Pennystomper55 12/21/17 05:28:12 PM
#2652   Looks like it is ready to go now. Emerald77 12/12/17 11:51:04 AM
#2651   Opened above the ma200 today, MACD flipping positive. jjr04001 12/05/17 11:05:00 AM
#2650   bag holders being made right now as we speak. Guitarmanlife 12/01/17 01:24:00 PM
#2649   Insider selling is Rampant!!! JJR I've been holding Guitarmanlife 12/01/17 01:23:21 PM
#2648   My friend, it's right around the corner. jjr04001 11/29/17 11:37:11 PM
#2647   MA200 break coming $AERO jjr04001 11/29/17 02:10:12 PM
#2646   Hope ur rite, but what good do we Guitarmanlife 11/17/17 11:01:31 AM
#2645   I think near January 2018 this will fly jjr04001 11/17/17 07:20:21 AM
#2644   by end of feb this will be under Guitarmanlife 11/17/17 04:31:54 AM
#2643   Chart looks ready! $AERO jjr04001 09/17/17 11:18:21 PM
#2642   still waiting on my AERO to become a Guitarmanlife 08/22/17 04:38:25 PM
#2641   Q1 results are out...eps 0.00 vs loss of night_trader 08/14/17 05:12:19 PM
#2640   May I know why they didn't update the Emerald77 08/05/17 07:06:00 AM
#2639   Hope u right Guitarmanlife 07/31/17 09:30:10 PM
#2638   You should have, we bout to bust through jjr04001 07/31/17 04:37:19 PM
#2637   nice run, but RSI is too elevated chris hedges 07/24/17 09:22:09 AM
#2636   AGREED! I almost bought back in until i Guitarmanlife 07/20/17 04:42:10 PM
#2635   Im with you Aero and what has been Guitarmanlife 07/20/17 04:39:51 PM
#2634   this is still a dog. chris hedges 07/20/17 03:38:15 PM
#2633   Guitar, Still here and above ground! still not Scooter51 07/20/17 03:02:54 PM
#2632   looking like someone is home finally! Guitarmanlife 07/20/17 12:24:52 PM
#2631   looks like could be a test, dip, and Guitarmanlife 07/20/17 12:22:25 PM
#2630   Here we goo $AERO jjr04001 07/20/17 10:42:19 AM
#2629   Yeah saw we closed thay gap at 2.20 Guitarmanlife 07/19/17 01:20:05 AM
#2628   I'm jumping back in. Weekly PMO is jjr04001 07/18/17 09:41:55 PM
#2627   Yoo-hoo Aero wake up!!! is anyone home??? will Guitarmanlife 07/16/17 09:05:25 PM
#2626   are you suggesting they hit the inflection point? chris hedges 06/28/17 03:10:58 PM
#2625   on the numbers chris hedges 06/27/17 01:03:06 PM
#2624   looks like eps was +.07 for the 4th night_trader 06/27/17 10:24:40 AM
#2623   okay June 21 - 0.00 EPS loud and clear chris hedges 06/13/17 01:19:54 PM
#2622   noted June 21 earnings reporting chris hedges 06/06/17 09:04:00 AM
#2621   I agree Chris..put us out of our misery. They Scooter51 05/09/17 08:25:25 PM
#2620   volume evaporating, buyout this year chris hedges 05/09/17 01:36:49 PM
#2619   Man.. You guys got the GASSS HIT ON LORD_DILLY 05/03/17 08:26:20 PM
#2618   getting slammed on very low volume chris hedges 05/03/17 09:50:14 AM
#2617   I think any prolonged drop under 2.65 could Guitarmanlife 04/12/17 01:01:38 PM
#2616   Chris, I've been here since 2013 and every Guitarmanlife 04/10/17 10:43:31 AM
#2615   either way today I cocked my head at Guitarmanlife 04/10/17 10:35:02 AM