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U would think that they would have several more contracts before end of quarter. Really hard to know, But with a 15-30% increase in yield and with a LG return on the initial relatively small investment for farmers, growth really should be exponential going forward. If growth is slow, which I doubt, then there are some real concerns.
How much revenue do you think they could report this quarter? Two countries . I know Barbados is not a big deal. But Columbia could be a big order.
I love this part. Kamolvathin continued, "Our other distributors globally have replicated the same results in the field as we have seen already in Barbados and Colombia. We look forward to announcing additional shipments to our other distributors during the rest of this year."
Yes, those are impressive numbers. Sounds like the field tests in Columbia where pretty impressive. "After registering and certifying the product with the Colombian Government, we are now very excited to place a large order of AgraBurst PRO to fill our initial orders from our farmer base."
Doesn't sound like this order is for one or two farms. The potential for growth with this product is huge.
More revenues in this quarter. If those numbers on the increases in yield are true, GroGenesis is going to be awesome. 15 to 30% increase in yield is like a 15% to 30% pay increase for farmers.
I talked to a friend of mine who farms 200 acres. He said that if that can be proven to him, he is all ears with his credit card.
News!
SIOUX FALLS, SD--(Marketwired - Aug 1, 2017) - GroGenesis, Inc. (OTCQB: GROG) (the "Company"), a global sustainable agriculture company and producer of AgraBurst PRO™, an organic, non-GMO agricultural input for growers of vegetables, fruit, rice and all other food crops, announced the first shipment of AgraBurst PRO™ to Vita-Agro S.A.S (http://vitaagro.com.co/es/index.php?option=com_content&view=category&layout=blog&id=15&Itemid=144) in Colombia. Vita-Agro S.A.S. is the exclusive distributor of AgraBurst PRO ™ (http://www.grogenesis.com/news/corporate-news/grogenesis-inc-announces-vitaagro-sas-distributor-for-...) in Colombia. AgraBurst PRO™ is also effectively utilized by commercial lawn and turf companies for lawns, golf courses, public parks and sports arenas (http://www.grogenesis.com/news/corporate-news/grogenesis-signs-soil-and-turf-consultant-lynn-griffit...).
Manuel Oviedo, Director General of Vita-Agro S.A.S., said, "The response in the marketplace in Colombia has been phenomenal after we conducted field testing with this remarkable agricultural input labeled under our trademarked name, AllGreen PRO™ (http://vitaagro.com.co/es/index.php?option=com_content&view=article&id=11&Itemid=122. ) After incorporating AllGreen PRO into our proven sustainable protocols our customers have recorded significant increases in yields ranging from 15%-30% while reducing chemical inputs."
Mr. Oviedo noted, "Usually when a farmer hears about a promising organic input, they expect to struggle to maintain their yields, if not see a decline in yield. Not so with AllGreen PRO/AgraBurst PRO. The yield increases substantially offset the cost of this incredible product. After registering and certifying the product with the Colombian Government, we are now very excited to place a large order of AgraBurst PRO to fill our initial orders from our farmer base."
The agricultural industry in Colombia employs 17% of the workforce and represents 6.1% of the nation's GDP. After Brazil and Mexico, the Republic of Colombia is the third most populous Latin American country with a population of approximately 48 Million. The principal agricultural products include coffee (ranked as the fourth largest producer in the world), sugarcane, palm oil, bananas, corn, tobacco, vegetables, cocoa beans, oilseed, pineapples, potato and cut flowers.
Mr. Richard Kamolvathin, CEO and Chief Science Officer of GroGenesis, Inc., said, "It is gratifying to go through the lengthy required process of field testing to validate the efficacy of AgraBurst PRO and see the excitement from farmers when they realize that they can benefit from increased crop production while contributing to the long term health of their soil. The trend towards non-GMO and organic food production to improve food security is ramping up worldwide as more farmers and consumers acknowledge the benefits that sustainable farming practices offer to the planet."
Kamolvathin continued, "Our other distributors globally have replicated the same results in the field as we have seen already in Barbados and Colombia. We look forward to announcing additional shipments to our other distributors during the rest of this year."
GroGenesis, Inc.
To GroGenesis shareholders and interested investors:
Please find below an article from the website, Health Guidance, on "Sustainable Agriculture in Developing Countries" which addresses the developing world market that GroGenesis is having success in in introducing the company's sustainable agricultural input, AgraBurst PRO™.
An integral part of GroGenesis' business plan is to select experienced "in country" distributors that can "define the concept of sustainable agriculture in the context of the society in which it exists." This deep knowledge o f the culture and values of the specific country is invaluable to building a successful global distributor network.
For your information.
Investor Relations for GroGenesis
HG
Sustainable Agriculture in Developing Countries-Challenges and U.S. Role
By Frank Blumenthal
Sustainable agriculture demands new efforts in research, development, and implementation. Dedicated stewardship is the first step toward sustainable agriculture. There must be a commitment at the highest levels of government, and this must be coupled with an action program that addresses the needs of farmers in the context of the environment.
What is Sustainable Agriculture?
Sustainable agriculture has different meanings for different people. For some, it means continuing present farming methods; for others, the focus is on ecological integrity at the expense of any other concerns.
According to C.A. Edwards of the U.S. Agency for International Development, "Sustainable agriculture is a management system for renewable natural resources that provides food, income, and livelihood for present and future generations while maintaining or improving the economic productivity and ecosystem services of these resources."
Most definitions of sustainable agriculture include the following institutional values:
Discriminating use of land resources
Resource conservation and enhancement of environmental quality
Economic viability
Increased and stabilized productivity
Enhanced quality of life
Intergenerational equity
Buffer against risks
In many developed nations, the concept of sustainable agriculture blends basic economic concerns, conservation, and maintenance or improvement of the resource base. The motivation is derived primarily from environmental and ecological concerns.
In developing countries, farmers' immediate concerns include improving crop yield, increasing crop diversity, and increasing income. Even in these countries, however, the visionary segment of the population and the institutional values of the culture may also focus on efficient cropping systems, pest-control methods, potable water supplies, support for agriculturally based industries, and related infrastructure.
Consequently, it is important to define the concept of sustainable agriculture in the context of the society in which it exists. An elementary aspect of the concept is that it be based on the value systems of social, political, economic, religious, and other institutions. As the idea of sustainable agriculture expands, however, these institutional values may come into conflict with the values of the individual farmers called upon to practice it.
In the last few years, sustainable agriculture in its broad sense has sought primarily to improve the quality of life in the context of an environmentally sound approach to farming; therefore, the resource base is maintained or enhanced for future generations.
The concept of sustainable agriculture is also a function of the scale of operation—ranging from a single farmer's field, a farm, or a watershed to an ecosystem, a country, a continent, or the Earth as a whole.
Factors of Sustainable Agriculture
To be effective, sustainable agriculture must include a concept of stewardship. In addition to institutional values that provide the framework for governmental action, the success of sustainable agriculture requires active stewardship on the part of individuals and groups.
Different technologies may be needed and each technology can be assessed to evaluate its appropriateness under specific conditions.
Sustainable agriculture is a function of the following factors, which apply in developed as well as developing countries:
The economic viability of the enterprise; profitability is the fuel which drives the system, regardless of its size.
The manageability of the system; it varies from individual farmers and their farms to the policymakers of the country.
The political desirability of the system; attitudes range from indifference to centralized control.
The physical resource base; the nature and properties of the land are manipulated through management.
The applied technology; the response depends on the kinds and levels of inputs. Changes in sustainability are not progressively positive; rather, they tend to advance in fits and starts.
A dynamic process; the results at any one time become the basis for the next phase of development. The level of sustain-ability at any one time or place determines the pace of progress.
The social acceptability; this is determined by the compromise between individual, cultural, and institutional values.
The environmental integrity of the system; acceptable levels of both on- and off-site damage resulting from practices must be included in the system.
The intergenerational equity guaranteed by the system.
The flexibility of the system to respond to episodic events such as soil erosion, extremes of weather, and fluctuating world markets.
Constraints To Implementing Sustainable Agriculture
National and international agricultural research centers are stepping up their efforts to improve the productivity of subsistence farming. Emerging technologies—such as agroforestry, alley and multiple cropping, improved genetic material, nitrogen-fixing trees and crops, and biotechnology—hold much promise. New farming systems are more likely to succeed if they accommodate the existing variability in soils.
Several constraints often lead developing countries to resist adopting the concepts and practices of sustainable agriculture.
The overriding constraint may be the absence of economic incentives from the government policymaking level to that of the farmer. Reduction in soil loss or long-term environmental degradation are not tangible inducements for small farmers to adopt sustainable agriculture practices when their immediate concern is simply feeding their families. There are, however, exceptions. A good example is the success of social forestry in India. But even there, farmers' contributions are secondary to their family concerns.
A second constraint is lack of awareness, not only at the farm level but also at higher levels in the society. Even if the farmers are willing and able, extension services are poor or nonexistent in most developing countries.
A third major constraint is that no system becomes operational if it is not institutionalized. In many developing countries, particularly in Africa, research and development in agriculture are inadequate and suffer from lack of trained personnel, facilities, and motivation. In many African countries, donor-supported research is still the rule. In this situation, it is difficult for a country to build satisfactory research traditions and local expertise; consequently, the benefits are limited to individual projects.
A fourth constraint relates to the information base. Implementing sustainable agriculture assumes that (1) reasons for nonsustainability are known, (2) there is sufficient information on the resource base to target activities that will foster sustainability, and (3) the resource base can be monitored to evaluate sustain-ability. In practically all developing countries, these three conditions are uncertain.
In the past three decades or more, international donor support for agricultural research and development focused on improving the genetic potential of crops and related management practices to improve yields—a spinoff of the Green Revolution. Few developing countries have a systematic, detailed soil resource inventory program. Agronomic research programs, including those by western expatriates, have been conducted and are still being conducted on soils about which little is known. In the absence of information on the resource base, it is usually a waste of time and effort to try to institute sustainable agriculture.
A fifth constraint to implementing sustainable agriculture is that appropriate research methodology is not readily available in developing countries. Until recently, not even the basic principles and concepts had been enunciated. Fundamental questions—such as how long should an experiment be conducted, what are the treatments, what are the measurements, and how can the data be analyzed—have yet to be answered.
Reversing the Trends
There are many hurdles to be overcome before a significant number of developing countries have sustainable agriculture programs in place. N.S. Jodha, working in the mountain areas of Asia, reports "a persistent decline in crop yields in many areas. Mining activities have destroyed mountain flora, caused landslides, and choked water channels. In Tibet and Pakistan, highland pastures are overgrazed. High-potential grazing areas are disappearing and cattle are being replaced by small ruminants. The increasing scarcity of fuel and fodder is reflected in the longer distances and time involved in collection. Finally, there is an increasing dependence of people on government subsidies and inferior options."
Jodha recommends that a reversal of these negative trends should be the primary focus of agricultural development in mountain areas—and this recommendation applies to most tropical ecosystems as well. The responsibilities rest not only with the countries themselves, but also with the international community, particularly donor countries.
Challenge for the Future
The challenge of enhancing productivity while maintaining environmental soundness and attaining intergenerational equity is enormous for the low-input, resource-poor farmers of developing countries. Sustainable agriculture calls for educating farmers; emphasizing the long-term consequences of their traditional methods of agriculture; and helping them develop and implement innovative, appropriate farming practices. Appropriate incentives are essential.
Without intensified financial and technical assistance, sustainable agriculture in developing countries will be untenable in the immediate future. This essential support could be considered an investment to ensure food security and social stability in the world.
The stability of the global ecosystem requires an unequivocal commitment to long-term support of sustainable agriculture. The alternative to sustainable agriculture is degradation of the resource base, loss of biodiversity, environmental pollution, reduction of the population-supporting capacity for humans and animals, and a general decrease in the quality of life for all living things on this planet.
Because sustainable agriculture cannot be achieved overnight, institution building takes on added significance. Many developing countries still do not have detailed information on the resource base; consequently, data bases must be developed and techniques instituted to monitor resources. Likewise, a cadre of highly trained professionals backstopped by adequate facilities is needed to conduct effective resource inventories.
Equally important is the creation of awareness. Private organizations are generally equipped to provide such services but must have funds to carry out their activities.
As the world population increases, additional land will have to be cultivated, and this gives added importance to sustainable agriculture. Major causes of land degradation—overgrazing on rangeland, overcultivation of cropland, waterlogging and salinization of irrigated land, and deforestation—all result from poor land management and should, therefore, be able to be controlled.
Although effective technologies that prevent or reduce land degradation either exist or are being developed, their application is still constrained by institutional and societal barriers. Lasting solutions can be rooted as much in social and economic reform as in effective technologies. In the Tropics, as elsewhere, the current prospects for institutionalizing development strategies for sustainable agriculture are unique challenges awaiting creative and committed solutions.
LINK: http://www.healthguidance.org/entry/6226/1/Sustainable-Agriculture-in-Developing-Countries-Challenges-and-US-Role.html
Got some at .24. Glad to see consolidation.
Did you get any at .22? The ask was .24 for awhile but now is back to .30. I mat see if I can get a little more at .25
Agree.
I am glad to see a pull back and would like to see some high volume consolidation at around .20.
News moves this stock. It would help if they had more news on revenues or orders. One thing for sure. After a pop like GROF has had over the past couple of weeks, there should be more investors who are watching GROG.
That has to be good if the company performs with revenue.
Gotta think the buyer knows what he is getting. Someone must be pretty convinced the product is very effective and knows the market is absolutely huge long term. We shall see.
Glta
Really difficult for anyone to know what a reasonable value is for grog. But I have to think that those buying now have done there dd. Not a stock you would just buy on momentum. Not enough volume imo. Folks buying at .27, may very well have seen with own eyes the product working and know that this price level won't last long.
As far as traders go, they will really take notice as volume increases and we approach a golden cross.
This is real deal. First revenue report will be very interesting, and going forward will be year round revenue as key distributors throughout the world through all growing seasons ... plus when they target the cannabis industry that will really set this off even bigger. Smart guys running it, would imagine as this goes on and is successful some big company is going to ultimately buy and take to the net level. They are doing exactly what they advised in their 2016 end of year shareholder letter. Future is bright!
This is real deal. First revenue report
I noticed that too--a low float and even though the stock has moved up alot recently, there are not many motivated sellers. Maybe because the news makes people think that finally there is something. to hold on for. Surely there will be more news from their other distributors on orders.
I have done pretty well being "early" on a number of stocks. Buying when no one even knows about a company--before news. Before volume.
I am willing to be patient for higher prices.
GLTU
Trying not to be overly optimistic. But I think the potential on this low float thinly traded company is huge. The revenue should ramp up pretty quickly. Anyone buying now is buying in on the ground floor imo. Again, trying not to be overly optimistic. Glta.
Good chart on GROG
You might want to put into the ibox up top. As a suggestion, Spicknspan
BTW, any opinion on where GROG could go? IT does not look like there is alot of big time selling going on. Does anyone know how to get a chart up where it shows the volume at different prices? That might be interesting.
TIA
So far, July has been pretty good for Grogenesis. I thought I was being too risky buying below .10, but things are working out.
If these distributorships end up with selling product, the company will be reporting revenues and will have more news as they ship more. There is no doubt that the overseas markets are ripe for a healthy farming alternative to the GMO Kool-Aid.
If they really can deliver higher yields to the farmers, what is not to like?
BTW, there is a number at the bottom of the press releases for a contact. You might want to try that.
GLTA
GroGenesis Announces First Shipments of AgraBurst PRO to GroGenesis Caribbean Solutions, Inc.
SIOUX FALLS, SD--(Marketwired - Jul 14, 2017) - GroGenesis, Inc. ( OTCQB : GROG ) (the "Company"), a global sustainable solutions company and producer of AgraBurst PRO™, an organic, non-GMO nano-surfactant for farmers, fertilizer manufacturers and commercial lawn and turf companies, announced today the first shipments of AgraBurst PRO to Genesis Caribbean Solutions, Inc., the exclusive distributor of GroGenesis Inc's proprietary AgraBurst PRO™ in Cuba and the Caribbean. The initial shipments are to the Barbados Agricultural Development and Marketing Corporation (BADMC). The Barbados Agricultural Development and Marketing Corporation was established in 1993 as a Statutory Organization of the Barbados Ministry of Agriculture with the mission to develop agriculture through innovative technological applications, technical and marketing research, and create opportunities for investment in sustainable agricultural enterprises.
AgraBurst PRO™ is a proprietary, all-natural, non-GMO agricultural input which improves the ability of the plant (ie. crops, turf/grasses, trees and grape vines) to efficiently access applied nutrients incorporated in fertilizers, resulting in less fertilizer required, improved water retention in the soil (thereby increasing drought tolerance) and increasing yields and farmer's income. By optimizing the plant's uptake of applied pest and weed controls and fertilizers, food producers and groundskeepers can minimize other input costs, reduce the health risk to workers and, in the case of crops, produce healthy food for consumers. AgraBurst PRO™ is formulated for organic and non-GMO producers and those food growers seeking to convert to non-GMO and organic food production. AgraBurst PRO™ also provides turf maintenance companies servicing homeowners, resorts, parks and golf courses with an organic input to improve the health and appearance of lawns and landscapes.
Ernesto Reyes, Director of GroGenesis Caribbean Solutions, Inc., said,"After field testing on okra and sugarcane was conducted to confirm AgraBurst PRO's impressive increases on crop yield and the positive organic effects on the health of the soil, BADMC ordered product to distribute to Barbadian farmers. We look forward to expanding field testing with BADMC to include additional crops to build a long term relationship with the Barbados agricultural industry."
Shawn Prestie, Director of GroGenesis Caribbean Solutions, Inc., added, "Farmers can benefit from increased yields and, therefore, increased net income, while adopting healthy farming practices through the use of this 100% organic input. At GroGenesis Caribbean, we are honored to be a part of Barbados' commitment to its sustainable agriculture initiatives. We will be exhibiting AgraBurst PRO at the Havana International Fair (FIHAV) this November to further develop AgraBurst PRO's position in the sustainable agriculture marketplace throughout the Caribbean."
Mr. Richard Kamolvathin, President and CEO of GroGenesis, Inc., said, "With these orders from Barbados, GroGenesis has transitioned from a pre-revenue company with a new product to a revenue producing growth company with operating cash flow. This fiscal quarter ending September 30 will be the first quarter to report revenue.
"We have been working diligently in conducting the requisite field tests in a number of countries to validate the significant yield increases documented. Now we are working towards obtaining more orders from our distribution network, in addition to expanding that network to include additional countries."
Kamolvathin concluded, "Shareholders can now look forward to more frequent communications from management regarding our corporate progress."
Investor Database for Future Press Releases and Industry Updates
Interested investors and shareholders are invited to be added to the corporate e-mail database for corporate press releases and periodic industry updates by sending an email to info@grogenesis.com.
About FIHAV Trade Show in Havana
The Havana International Fair (FIHAV) will be held from October 30-November 3 at the ExpoCuba fairground. FIHAV is a well-attended trade show for Cuba and the Caribbean with many attendees from Central and South America. All sectors of the Cuban economy participate in the international trade exhibition, the networking for commercial contacts of exhibitors and visitors and updating attendees on the latest innovations. More than 150,000 visitors come to FIHAV to visit over 4500 national and foreign exhibits and develop trade and business relationships.
About GroGenesis, Inc.
Headquartered in the heart of the US Farm Belt, Sioux Falls, South Dakota-based GroGenesis is an agricultural services enterprise offering food producers and turf management companies a revolutionary, proprietary, all-natural, non-GMO nano-surfactant which enhances soil and crop health and reduces the health risk to farm workers due to its non-toxic properties. GroGenesis' flagship product, AgraBurst PRO™, is an all-natural, organic, non-GMO agricultural input which enhances the ability of the plant to more efficiently use the added nutrients incorporated in fertilizers, which results in less fertilizer required. The application of AgraBurst PRO™ can begin the process of improving the health of the soil while minimizing the use of conventional chemical agricultural inputs. AgraBurst PRO™ provides turf maintenance companies which service homeowners, resorts, municipal parks and golf courses with an organic input which improves the health and appearance of lawns and landscapes and reduces harmful water runoff. For more information, please visit the Company's website at www.GroGenesis.com.
Yes sir, first of many. Still way under radar.
News
SIOUX FALLS, SD--(Marketwired - Jul 25, 2017) - GroGenesis, Inc. (OTCQB: GROG) (the "Company"), a global agriculture technology company and producer of AgraBurst PRO™, an organic, non-GMO nano-surfactant for farmers, fertilizer manufacturer and commercial lawn and turf companies, announced a Memorandum of Understanding with Curewel International for the distribution of AgraBurst PRO in the South East Asian countries of Cambodia, Laos, Vietnam and Sri Lanka.
AgraBurst PRO™ is a proprietary, all-natural, non-GMO agricultural input which improves the ability of the plant (crops, fruit trees, palms, etc.) to efficiently access applied nutrients incorporated in fertilizers, resulting in less fertilizer required, improved water retention in the soil (thereby increasing drought tolerance) and increasing yields and farmer's income. By optimizing the plant's uptake of applied pest and weed controls and fertilizers, food producers and groundskeepers can minimize other input costs, reduce the health risk to workers and, in the case of crops, produce healthy food for consumers. AgraBurst PRO™ is formulated for organic and non-GMO producers and those food growers seeking to convert to non-GMO and organic food production.
Sandeep Majumdar, President of Curewel International, said, "Farmers in developing countries need to have access to AgraBurst PRO. After seeing the field testing results from other countries in South East Asia and South America, we wanted to be instrumental in introducing this environmentally-friendly input that is not only organic, but also generates higher yields for the farmer trying to increase his family's income. The cost to the farmer is insignificant when considering the higher crop production numbers."
Mr. Majumdar added, "With more than twenty five years of experience in building distributor networks through South East Asia, we are confident that we can work with GroGenesis in expanding AgaBurst PRO's reach to a region of the world crying out for an effective non-chemical agricultural input".
Mr. Richard Kamolvathin, President and CEO/CSO of GroGenesis, said "GroGenesis welcomes our newest partner in South East Asia, Curewel International, to our rapidly growing family of sustainable agricultural worldwide partnerships. Mr. Majumdar has extensive experience in building distribution networks for various commercial and consumer products. GroGenesis needs this expertise and experience to access remote markets and develop a multi national distribution network in a cost effective way that fits with our business model. Lower chemical inputs, less environmental impact, higher yields, premium market prices for Non-GMO and organic produce and grains increase farmers' income. These are our mutual goals."
Mr. Kamolvathin concluded, "Farmers can now decide to rehabilitate their soil with a cost-efficient organic input and, at the same time, enjoy greater yields and higher returns on their crops.
"The opportunities to help farmers around the world transition from conventional chemical farming toward Non-GMO and, ultimately organic, are in great need. Global food security will continue to be under stress and green science will continue to see increased demand. We are looking forward to moving towards a definitive agreement with Curewel International once we complete our due diligence process."
Investor Database for Future Press Releases and Industry Updates
Interested investors and shareholders are invited to be added to the corporate e-mail database for corporate press releases and periodic industry updates by sending an email to info@grogenesis.com.
About Curewel International Co., Ltd. (www.curewel.co)
Based in Phonom Penh, Cambodia, Curewel International Company is a diversified business conglomerate with operations in Pharmaceuticals, Consumer Products, Construction Work Platforms, Batteries & Inverters, Agriculture, Mining, Fishery, Real Estate and Orthocare products. With branch offices in Cambodia, Vietnam, Mauritius, Myanmar and Sri Lanka, Curewel International has built a reputation of offering innovative products and services to its clients in South East Asia.
"With these orders from Barbados, GroGenesis has transitioned from a
pre-revenue company with a new product to a revenue producing growth
company with operating cash flow. This fiscal quarter ending September
30 will be the first quarter to report revenue."
This news is pretty big for any microcap stock. It is a big deal to
start booking revenue because it proves that their product must be
working in the field. You do not get people to pay for a product unless
they know it works. I am in , but now I feel more comfortable to tell
others about GROG. Before this news on orders, I was more buying the
hope. Now we are beginning to see the reality
That news should be the first of many pr's. IMO, Pete, this news is the first one after distributors field tested the product and saw the value from the increase in yields.
I would think other distributors will be announcing shipments too. But the big deal here is that this quarter will be the FIRST showing revenue.
Do you see breakout at .15? Assuming more volume comes in.
I tried to buy 70000 shares under the ask and they kept on moving the ask up. There doesn't seem to be a lot of supply until .15.
First news in 7 months. Good to see.
GroGenesis Signs Soil and Turf Consultant, Lynn Griffith, to Distribute AgraBurst PRO(TM) to Florida Turf Market
Marketwired
Jul 11, 2017, 8:53 AM
SIOUX FALLS, SD--(Marketwired - Jul 11, 2017) - GroGenesis, Inc. ( OTCQB : GROG ) (the "Company"), a global sustainable solutions company and producer of AgraBurst PRO™, an organic, non-GMO nano-surfactant for farmers, fertilizer manufacturers and commercial lawn and turf companies, announced today the signing of noted Florida soil and turf expert, Mr. Lynn Griffith (www.lynngriffith.com), to market and distribute AgraBurst PRO™ to the Florida turf markets.
Mr. Griffith owned and operated A&L Southern Agricultural Laboratories, LLC, the oldest and largest agricultural testing and consulting firm in the State of Florida, from 1985 to 2013. Mr. Griffith has provided testing and consulting services to an active customer list of more than 12,000 agriculture-related companies in Florida, the Caribbean, Central and South America (28 countries). He has consulted with the United States Agency for International Development (USAID) on a number of agricultural contracts in developing countries. Mr. Griffith is a noted tropical plant and soil expert and the author of numerous published articles and books (www.lynngriffith.com/about) on pest and disease control, soil health, water analysis and plant nutrition. His professional affiliations include the Florida Nursery Landscape and Growers Association, Florida Turf-grass Producers Association and others. Mr. Griffith's current clients include fertilizer dealers, theme parks, professional arborists, sports stadiums, landscape companies, potting soil companies, international resorts and developments, farms, nurseries and celebrity residences in addition to other consultants.
According to the Economic Research Service, turf-grass is a $40 billion industry serving over 17,000 municipal and private golf courses and over 700,000 athletic fields, in addition to supplying thousands of lawn maintenance services, landscapers and seed and sod producers. With approximately 50 million acres of managed turf in the U.S., turf-grass ranks third in total acreage nationwide. Turf holds the one or two ranked agricultural commodity in states such as Florida, Maryland, New Jersey, North Carolina and Pennsylvania.
Mr. Richard Kamolvathin, CEO of GroGenesis, said, "The goal of every homeowner, municipal parks director and golf course custodian is to establish and maintain a thick and weed-free turf. Avoiding the use and overuse of chemical fertilizers, insecticides, fungicides and pesticides makes it even more challenging. The negative health effects of these inputs on humans, as well as on local wildlife, have become an increasing concern in the turf industry and its customers. Enhancing the health of the soil requires minimizing all chemical inputs to facilitate the return of earthworms and other organisms which foster the natural aeration of the soil. AgraBurst PRO's proprietary formula utilizes premium organic ingredients to maximize the benefits of previously applied inputs. The turf market represents a major expansion of GroGenesis' target markets."
Mr. Lynn Griffith said, "I am very pleased to be partnering with GroGenesis in introducing AgraBurst PRO™ to the turf market in Florida to my existing institutional and retail clients. After conducting a series of field tests with AgraBurst PRO™ on various grasses and turfs and witnessing the impressive results, I knew that I wanted to be able to include the product in my recommendations. With the year round grass-growing season that exists in Florida, the market potential is enormous for an organic non phosphate-based input for golf courses, government facilities, schools and companies requiring green healthy lawn and turf without the toxicity of synthetic chemicals."
Mr. Kamolvathin, added, "We have been field testing with Lynn for the past year and the applied tests have outperformed control tests consistently. AgraBurst PRO's broad spectrum liquid has the ability to nano-encapsulate, emulsify and deliver organic nutrients and biology to soil and plant tissue and is a tremendous breakthrough towards the reduction of chemical inputs. Lynn's stellar reputation in agricultural and turf consulting, coupled with his deep multi-year relationships, provides GroGenesis with the ability to hit the ground running for revenue growth."
"GroGenesis is now starting its 2018 fiscal year, and field testing with most of our global partners is being completed. We look forward to sharing the field results with our valued shareholders on our website as they are reported. This comprehensive field testing is what we have been doing since my last communication to shareholders. Manufacturing, distribution, logistics, accounting, technical field support and sales support are not all in place and we are beginning to ship orders this quarter," concluded Mr. Kamolvathin.
About AgraBurst PRO™
AgraBurst PRO™ is a proprietary, all-natural, non-GMO agricultural input which improves the ability of the plant (crop, turf, tree, vine etc.) to enhance the efficient access of added nutrients incorporated in fertilizers, resulting in less fertilizer needed, as well as improved water retention in the soil (drought tolerance). By optimizing the plant's uptake of applied pest and weed controls and fertilizers, food producers and groundskeepers can minimize other input costs while reducing the health risk to workers due to its non-toxic properties. AgraBurst PRO™ begins the process of improving the health of the soil while reducing the use of conventional chemical agricultural inputs. AgraBurst PRO™ is formulated for organic and non-GMO producers and those food growers seeking to convert to non-GMO and organic food production in addition to providing turf maintenance companies with an organic input to improve the health and appearance of lawns, golf courses and parks.
Investor Database for Future Press Releases and Industry Updates
Interested investors and shareholders are invited to be added to the corporate e-mail database for corporate press releases and periodic industry updates by sending an email to info@grogenesis.com.
About GroGenesis, Inc.
Headquartered in the heart of the U.S. Farm Belt, Sioux Falls, South Dakota-based GroGenesis, Inc. is an agricultural services enterprise offering food producers a revolutionary, proprietary, all-natural, non-GMO nano-surfactant which enhances soil and crop health and reduces the health risk to farm workers due to its non-toxic properties. GroGenesis' flagship product, AgraBurst PRO™, is an all-natural, organic, non-GMO agricultural input which enhances the ability of the plant to more efficiently use the added nutrients incorporated in fertilizers, which results in less fertilizer required. The application of AgraBurst PRO™ can begin the process of improving the health of the soil while minimizing the use of conventional chemical agricultural inputs. For more information, please visit the Company's website at www.GroGenesis.com.
Does any have valid company contact info? Or any updated info to share?
A company that files on time usually is not preparing to get delisted or doing nothing. Just wish they would make it more obvious that they are doing something.
Where is all this volume coming from?
This increase in volume is encouraging.
Hey, Pete. You might want to keep an eye on this one. All of a sudden there has been some volume coming in. Volume precedes price.
Looks like someone is selling. With no news out it is tough to guess why2
From end of 2016 ... letter to shareholders
-------- Forwarded Message --------
Subject: GroGenesis, Inc. (GROG) Releases CEO Letter to Shareholders--Sustainable Solutions Company Issues Update on Company's Progress and Business Plans for 2017
Date: Tue, 20 Dec 2016 10:44:26 -0500
From: LC Group <lcgroup@mindspring.com>
GroGenesis, Inc. Releases CEO Letter to Shareholders
Sustainable Solutions Company Issues Update on Company's Progress and Business Plans for 2017
SIOUX FALLS, SD - (NewMediaWire) - December 20, 2016 - GroGenesis, Inc. ( OTCQB : GROG) (the "Company"), a global sustainable solutions company and producer of AgraBurst PRO™, an organic, non-GMO nano-surfactant for growers, fertilizer manufacturers and commercial lawn and turf companies, released a letter to shareholders from Mr. Richard Kamolvathin, President and CEO of GroGenesis, Inc., to report on the Company's progress in 2016 and business plans for 2017.
The open letter to shareholders is issued in its entirety below:
Dear GroGenesis Shareholders,
As we approach the end of 2016, I feel an overview of our challenges, our achievements during 2016 and our business plans and goals for 2017 would be welcomed by our current and future shareholders. We have had a challenging year of reformulating and improving our organic flagship product, AgraBurst, now known as AgraBurst PRO™, executing our first phase of our business plan by developing a qualified distribution network and establishing a firm foundation for building revenue, achieving profitability and increasing shareholder value.
Building Shareholder Value
The Board of Directors, the management team and I take our fiduciary responsibility to our shareholders very seriously. An integral part of providing a healthy investment return for our shareholders has been reducing the amount of common shares outstanding by over 20 million shares and obtaining a three-year lockup of shares held by a significant investor to minimize the amount of shares in the public float.
In the past sixty days, your Company has announced distributorships for AgraBurst PRO™ in the Caribbean (including Cuba, Puerto Rico, Jamaica and Belize among others), Myanmar (also known as Burma) and Columbia. A quick review of a global map will reveal our plans to identify and sign sales and marketing agreements with regional agricultural distributors such as Central and South America, the Caribbean and Southeast Asia. Shareholders should expect announcements of regional U.S. and Canadian distributors in the near future.
As part of our development of our distributor network, we have field tested AgraBurst PRO™ on a number of crops and achieved better than expected results. It has been on the strength of these yield improvements that we have been able to attract distributors that we have a high degree of confidence in impacting their local agricultural markets.
The management of GroGenesis is committed to building a company that is diversified by hemisphere to minimize seasonality issues and by sourcing advanced technology solutions that bring value to the sustainable agriculture sector as evidenced by our October 20th announcement of establishing a subsidiary for water remediation and sanitation technology. Again, this strategic move illustrates our commitment to diversify our revenue sources to include sustainable solutions for agriculture. As any farmer can attest, agricultural inputs are necessary, but good clean water is essential for the healthy production of food. To this end, GroGenesis has entered a rapidly growing marketplace of wastewater remediation and sanitation for agriculture by keeping true to our business model of minimizing general expenses by developing strategic partnerships with companies that share the GroGenesis vision of being a non-GMO and organic solutions partner for growers worldwide.
Looking Forward to 2017
GroGenesis is poised to begin recognizing revenue from initial sales of the aforementioned distributors and continuing the announcements of additional distributors. As we add to our network, shareholders should be advised that GroGenesis's business model is to grow rapidly with a strict adherence to minimizing fixed overhead costs and maximizing the benefits of cash flow management. All our distributors are independent and are compensated only after product is shipped and orders are paid in full. Our US-based exclusive organic blender, United Agricultural Services, Inc., provides us with product blending, shipping and logistical support services on an "as needed" basis. In addition, our water remediation technology strategic partner, Eco Squared Solutions and EcoWater Solutions, is responsible for technology implementation, system training and on site servicing. Our business structure and strategy is geared to arriving at overall profitability as quickly as possible.
In closing, GroGenesis is committed to helping farmers improve the health of their farms' soil, increasing crop yields, reducing chemical input in addition to overall production costs, providing a mobile sustainable water remediation solution and increasing topline revenue while providing healthier food to consumers.
I would like to thank all our shareholders for their patience and look forward to a 2017 marked by increasing revenue eventual profitability.
Happy Holidays,
Richard Kamolvathin
President and CEO
GroGenesis, Inc.
CONTACT INFORMATION
Investors:
GroGenesis Investor Relations
(605) 254-2100
Info@GroGenesis.com
Media and Product Inquiries:
GroGenesis, Inc.
(605) 254-2100
Info@GroGenesis.com
Anybody have individual trade info? Might be someone who needs to get out. Upcoming taxbill?
Something is up ... volume, price drop, potential capital raise but still see management handling that in a way that doesn't kill shareholders
I meant to say that I do not know of any other pure plays in organic agriculture that is a micro cap. Does anyone?
I like the kind of business that GROG is in. Healthy agriculture. And there are. Ot too many other pyre plays in this space. Does anyone know of another company entirely focused on organic agriculture inputs?
Cannabis would be a big.market. Organic...important when you smoke it.
Management has been nothing but ethical and shareholder friendly to date. they do however need capital, any views or thoughts on what that might look like or how it might play out? And like the rest of you, looking forward to first $ of revenue. per the recent proxy pre 14c statement, how do you interpret that? random thoughts: So much potential, product is superior, Blender in place, also have diversified business with the water business also, stock warrants to employees at .17, great management with more than just $ at heart but also mindful of the $ to get this successful, distributors in place, looking to set business up so is not seasonal, wouldn't it be incredible to be like a scott miracle grow stock for the marijuana industry, and so on
They are filing on time. You don't usually file unless they have a business. But I want to see revenues start to be reported soon. That will get things going here.
I have sat on the bid to buy, with no luck so far. In my experience, that is a good sign.
I am looking to buy more between now and the end of the year, so all you tax loss sellers, come to Papa.
If you show a sell order of 50,000 shares at .17, I will take it.
Yeah, revenues are what makes a company successful.
Another distributor for GROG. Good news for revenue in the future. The sooner the better
Revenue news is what will give this more attention. Jmo
Damn good day. Great trading volume. But who got whacked for .35?
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GroGenesis Inc. is an agricultural services enterprise offering food producers and turf groundskeepers a revolutionary, proprietary, all-natural, non-GMO nano-surfactant (AgraBurst PRO) which optimizes the plant's uptake of applied nutrients resulting in the enhancement of the health of the soil and crops. The non-chemical properties of AgraBurst reduces the potential harm to farm and landscape workers.
Field testing has generated data that valildates the product's efficacy and ability to INCREASE crop yields.
http://www.grogenesis.com/news/presentations
AgraBurstPRO Overview:
http://www.grogenesis.com/technology/agraburst
Industrial Hemp Production in US and Canada Offers Significant Market Opportunity for AgraBurstPRO™
SIOUX FALLS, SD, Nov. 08, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- GroGenesis, Inc. (GROG), a global pioneer in sustainable agriculture technology, announced today that the company has entered the industrial hemp cultivation market in the US and Canada with its broad spectrum, organic adjuvant, AgraBurstPRO™. Based on positive feedback from hemp growers, the company has identified industrial hemp as a significant new market for AgraBurstPRO™, an organic input which optimizes the uptake of any agricultural input applied to any plant. After conducting due diligence on the hemp industry and the prospects for the legalization of industrial hemp production in the U.S., the Company field tested AgraBurstPRO™ with hemp producers who were impressed by the positive results exhibited in the health of their plants, growth rate improvement and plant size enhancement.
Mr. Richard Kamolvathin, President and CEO of GroGenesis, said, “After completing numerous field trials with our partners to validate the effectiveness of AgraBurstPRO and its more efficient delivery of all applied inputs on any plant, including hemp, it became apparent that the industrial hemp industry in Canada, where hemp farming is already legal, and the probability that hemp cultivation will become legal in the U.S. soon, presents a lucrative market for GroGenesis. Recent control test reports from cultivators have strongly encouraged us to proactively target the hemp market -- a lucrative market to tap with the multitude of industrial uses, rapid growth rate to harvest and the yet-to-be-realized potential of CBD oil.”
Kamolvathin continued, “As an organic science company focused on the reduction of toxic chemical inputs into the environment, we believe it is important to identify and add new market opportunities in other viable market sectors that align with our core values and as we continue to commercialize our flagship product, AgraBurstPRO for agriculture. Our strategy is to apply the same business model that we have used in the past by developing business relationships with distribution partners that are in a specific market sector and provide the technical, manufacturing and marketing assistance, in addition to specific protocols, for our distributors to be successful under their own private level brand.”
Hemp, one of the fastest growing plants with a sixty-day growth cycle in many states, is cultivated for fiber, oil, and seeds which are subsequently refined into numerous products including wax, biodegradable plastics, resin, textiles, pulp, paper, rope, clothing, biofuel, animal feed, paint and hemp oil. In addition, the use of CBD oil is being researched on its beneficial effects for anxiety relief, anti-seizure, pain relief, anti-acne, food ingredients and promising potential for cancer therapy.
According to the Hemp Business Journal, the U.S. hemp industry’s sales in 2017 was $820mm, including $190mm for Hemp-Derived CBD products, $181mm for personal care products and $137mm for hemp food products. However, as legal and regulatory hurdles are removed and consumer knowledge on CBD oil develops, it is estimated that the U.S. hemp industry will grow at a 5-year Compound Annual Growth Rate (CAGR) of over 14% (2018-2022) to a $1.9 Billion dollar market by 2022. In Canada, over 100,000 acres of hemp was under cultivation in 2017 with significant increases in production forecasted over the next five years.
Mr. Kamolvathin concluded, “AgraBurstPRO, as an organic input, can be an integral part in the protocols for the production of food crops, flowers and turf, in addition to cash crops such as palm oil, tobacco and hemp. With the prospect of the legalization of hemp production in the U.S, there is a significant market opportunity for the agriculture industry in both Canada and the US. Both new and veteran hemp cultivators will be establishing their farming protocols that can include AgraBurstPRO, an input that enhances drought tolerance, disease resistance and crop yields. We look forward to positively impacting the industrial hemp industry in North America and internationally."
About AgraBurstPRO™
AgraBurstPRO™ is an organic, broad spectrum adjuvant which acts as an efficient delivery system for all applied agricultural inputs. Applied as a surfactant, AgraBurstPRO™ facilitates the rapid and direct absorption of inputs through the leaves and stems of a plant which results in the more efficient access of applied and available nutrients, resulting in less fertilizer required, improving drought tolerance and increasing crop yields. By optimizing the plant's uptake of applied pest and weed controls and fertilizers, food producers can minimize other input costs, reduce the health risk to workers and produce healthy food for farmers' families and consumers. AgraBurstPRO™ improves the natural health of all plants -- including food crops, trees, vegetables, grasses and cash crops such as tobacco, palm, flowers and hemp-- by dramatically stimulating the nutrient and water uptake in plants. The solution applied as a spray is a plant-based extract which is organic, non-toxic, carcinogen-free, biodegradable and safe for use in all soil conditions. Its application amplifies every plant's natural capacity to absorb nutrients through its own foliage while augmenting root development and soil uptake. Any agricultural input's performance is enhanced by integrating the application of AgraBurstPRO™ either separately or in an input manufacturer's original formulation--including fertilizers, herbicides and fungicides.
Investor Database for Future Press Releases and Industry Updates
Interested investors and shareholders are invited to be added to the corporate e-mail database for corporate press releases and periodic industry updates by sending an email to info@grogenesis.com.
About GroGenesis, Inc.
GroGenesis, Inc. is a sustainable agriculture technology services enterprise offering food producers a non-toxic proprietary, all-natural, non-GMO surfactant which enhances soil and crop health and reduces the health risk to farm workers due to its non-toxic properties. GroGenesis' flagship product, AgraBurstPRO™, is a non-toxic, concentrated agricultural input solution which enhances the ability of the plant to more efficiently use the added nutrients incorporated in fertilizers, resulting in less fertilizer required. The application of AgraBurstPRO™ can begin the process of improving the health of the soil while minimizing the use of conventional chemical agricultural inputs. For more information, please visit the Company's website at www.GroGenesis.com.
Notice Regarding Forward-Looking Statements
This press release contains forward-looking statements that involve substantial uncertainties and risks. These forward-looking statements are based upon our current expectations, estimates and projections and reflect our beliefs and assumptions based upon information available to us at the date of this release. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including but not limited to, the development of our products, our limited financial resources, our ability to raise the working capital needed to fund the expansion of our current and future distribution commitments, our ability to retain key employees, our competitors' ability to develop better or less expensive alternatives to our products and the risks and uncertainties discussed under the heading "Risk Factors" in Item 1 of our Annual Report on Form 10-K for the fiscal year ended May 31, 2017, and in our other filings with the Securities and Exchange Commission.
Contact: GroGenesis, Inc. (605) 836-3100 info@grogenesis.com
_____________________________________________________________________________________________________________________________ Three distinct target markets for AgraBurstPRO Organic-certified
The most obvious market for AgraBurstPRO is the rapidly growing organic food industry. From 2005 to 2014, the organic sector grew from less than $14 Billion to $35 Billion. The U.S. organic industry continued its steady growth in 2016, with food sales increasing 8.4 percent to $43 billion. Considering that total food sales increased only 0.6 percent, the preponderance of the growth is in the organic sector. According to the Organic Trade Association in its 2016 Organic Industry Survey, organic food now accounts for 5.3 percent of all food sales in the US--alot of room to grow as consumer demand for organic food accelerates. Global sales of organic food totaled approximately $90 Billion in 2016 vs. $80 Billion in 2015.
Farmers who are already Organic-certified have an economic interest in maintaining that certification and, if possible, increasing their crop yields. By incorporating AgraBurstPRO in their organic protocols, farmers can realize higher incomes from the improved yields (Yield increases in field tests in Colombia, Cuba and Bangladesh have recorded increases in production from 15% to 40%). Field tests are currently being conducted in two states in the US for soybean and corn.
Conventional Farmers Considering Transitioning to Organic
This significant market includes farmers already committed to converting from conventional (chemical) farming to organic farming. But there also is an increasing interest from conventional farmers in adopting organic methods, but not willing to accept any decrease in yield. There is a growing number of conventional farmers that would abandon chemical inputs IF they could afford the 3-5 year transition time necessary to get their land "Organic--Certified". It takes years of NOT using chemicals to get to the point that a soil sample does not register any chemical residue--a requisite for Organic certification.
To date, this transition period was economically challenging because yields typically declined and the higher expected premium organic produce prices were not realized until after certification. With AgraBurstPRO, farmers converting to organic can "afford" to complete the process because of the higher yields . As noted previously, field tests have recorded yield increases ranging from 15% on coffee to over 40% on rice.
Conventional Farmers
Conventional farmers who want to continue using their current protocols always are driven to maximize their crop yields. The fact that AgraBurstPRO is organic AND increases crop yields substantially is a plus for these farmers. Although they do not care to become Organic-Certified, using a non-chemical input reduces the toxic work conditions inherent with andling chemical inputs.
Additional Non-food Markets
As a broad spectrum agricultural input, AgraBurstPRO is effective with any plant. Non-food crops that have been, or are currently, in field tests with AgraBurstPRO are flowers, cannabis, tobacco, turf, ornamental trees, coffee, cacao, palm (palm oil), corn, mangoes, banana, lawn/turf (golf courses, lawns and sports arenas) and pasture grasses.
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