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News out today, this conference should be exciting. I expect a lot of new investors to be jumping in.
Friday, September 29 2017 6:00 AM, EST
GroGenesis Inc. to Host Inaugural Global Distributor Conference in
Phnom Penh, Cambodia on Accelerating GDP Growth through
Agriculture
Marketwire "Press Releases"
SIOUX FALLS, SD -- (Marketwired)
-- 09/29/17 --
GroGenesis, Inc. (OTCQB: GROG) (the "company"), a global
sustainable pioneer in AgriTech™ and producer of AgraBurstPRO™, an organic,
non-GMO nano-surfactant and emulsifier for farmers, fertilizer manufacturers
and commercial lawn and turf companies, announced today the Company will
be hosting a two day Global Distributor Conference
in Phnom Penh, Cambodia at the Sofitel Phnom
Penh October 5-6, 2017 .
Richard Kamolvathin, CEO of GroGenesis , will be presenting
"Accelerating GDP Growth through Agriculture" to more than 150 attendees.
Countries with agricultural sectors that make a significant contribution to GDP
have the ability to increase their GDP growth rate by maximizing efficiencies
and encouraging organic farming practices. With the increases in yield, farmers
can earn the discretionary income to have a positive impact on a country's
economy-at-large. AgraBurstPRO™ can become an integral part of farmers'
farming practices to achieve this national goal.
Upon the conclusion of the presentation, an in-depth AgraBurstPRO™ Technical
Information Presentation and Question and Answer Forum will
be conducted to review field testing results on various crops and answer
questions from interested parties on the science of AgraBurstPRO™ and its
application protocols. Country distributors, sub-distributors and prospective
distributors from nine (9) South East Asia countries
( Bangladesh , Cambodia
India , Indonesia ,
aos , Malaysia , Myanmar
, Sri Lanka ,
and Vietnam ), two (2) South American countries
( Colombia and Peru ) and
distributor from Switzerland will be participating in the
forum.
Mr. Richard Kamolvathin, President and CEO/CSO
of GroGenesis , said, "All countries have challenges in increasing
their GDP growth rate. But countries with a large agriculture industry have a
unique opportunity to dramatically accelerate their GDP growth by assisting
their farmers to be good custodians of their soil while, at the same time,
increasing their crop yields with a cost-efficient organic input. Improving the
lives of farmers by introducing a totally safe to handle, non-toxic input that
helps increase the family farmers' income is a core mission
of GroGenesis ."
Kamolvathin added, "We, at GroGenesis , are excited to be
traveling to South East Asia to introduce
AgraBurstPRO™ to our distributors and prospective distributors, media and
government dignitaries. We have worked diligently over the past two years to
perform the appropriate field tests with AgraBurstPRO™ to validate its efficacy,
confirm the recommended protocols and document the increases in yield. We
look forward to sharing this data with our distributor/partners next week."
About AgraBurstPRO™
AgraBurstPRO™ 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 (and thereby reducing
fertilizer costs), 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™ is an Organic, Broad Spectrum Nano Surfactant agriculture
input which enhances the ability of the plant to more efficiently use the added
nutrients incorporated in fertilizers resulting in less fertilizer required. The
product improves the natural health of all plants --including crops, trees,
vegetables and grasses--by dramatically stimulating the nutrient and water
uptake in plants. The spray solution is a plant-based extract which is organic,
non-toxic, carcinogen-free, biodegradable and safe for use in all soil conditions.
Its application amplifies the plant's natural capacity to absorb nutrients through
its own foliage while augmenting root development and soil uptake.
AgraBurstPRO™ facilitates the rapid nutrient transport at the cellular level,
resulting in improved photosynthesis and increased absorption of the primary
keys to growth: water, sugars, and minerals. AgraBurstPRO™ is formulated for
organic and non-GMO producers and those food growers seeking to convert to
non-GMO and organic food production.
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 US Farm Belt, Sioux Falls, South
Dakota -based GroGenesis, Inc. is a sustainable
AgriTech™ 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, AgraBurstPRO™, is a
non-toxic concentrated solution agricultural input which enhances the ability of
the plant to more efficiently absorb nutrients in fertilizers resulting in lower
fertilizer cosys. The application of AgraBurstPRO™ can begin the process of
improving the health of the soil while minimizing the use of conventional
chemical agricultural inputs. AgraBurstPRO™ 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.
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, 2016 , and in our other filings with
the Securities and Exchange Commission . We undertake no
obligation to revise or update any forward-looking statement for any reason.
Contact Information
GroGenesis Investor Relations
(605) 836-3100
info@grogenesis.com
Media and Product Inquiries:
GroGenesis, Inc.
(605) 836-3100
info@GroGenesis.com
Source: GroGenesis, Inc.
$GROG https://stockpressdaily.com/market-focus-minus-directional-indicator-noted-above-plus-directional-indicator-for-grogenesis-inc-grog/
Market Focus: Minus Directional Indicator Noted Above Plus Directional Indicator for GroGenesis Inc (GROG)
Stock Press Daily - Sep 21, 2017
Following a recent market check, we have noticed that the -Directional Indicator is above the +Directional Indicator on shares of GroGenesis Inc (GROG). Technical traders may be watching this reading to identify bearish momentum on the stock. Taking a ...
Congrats, on the pick up.
Great buy imo.
I haven't checked the GroGenesis website in a month of Sundays because there never seemed to be any changes. I just checked and the site has definitely been updated with alot more information including videos http://www.grogenesis.com/news/presentations
Looks pretty professional.
I have always noted that when a company starts quietly doing things like updating a website, it usually means that they are expecting more visits to the website.
And usually you get more website visitors when they are driven there by news or something.
Something is going on, imo. I am pretty stoked to get GROG at 35% less than the price a couple of days ago. I do not know why someone sold, but there obviously is not a ton of bids in there.
Now I just need to hope I did the right thing today. Buying more.
I got the e-mail from the company too. The article did not mention GroGenesis, but I get the point of them sending it out.
It took awhile, but I got some more shares at .22 today. Now if the company could convert their opportunity into revenues, I think I may get a three bagger out of my .22 buy soon.
GLTU
For them to send this out to shareholders kinda makes me wonder what they have going on. We shall see
“The more we produce rice, the poorer and poorer we get”
By: Paul Millar - POSTED ON: September 18, 2017 | Business
Economists say farmers need to reduce their reliance on the crop in order to revitalise Cambodia’s struggling agriculture industry
At the height of the Khmer Rouge regime in Cambodia, once the cities stood empty and the fields teemed with the worn-out workforce of a nation torn apart, Pol Pot had a plan. Inspired by tales of the vast fields and limitless yields of the Khmer Empire, the man who would eventually be blamed for the deaths of almost two million of his own people dreamed of a Cambodia that would become the cornucopia of Southeast Asia. Rice production quotas were set: more than triple what they had been in peacetime. They were never met.
For millennia, rice has been the backbone of Cambodia’s all-encompassing agricultural sector. But with global rice prices falling and neighbouring countries such as Thailand and Vietnam mobilising their vast resources and workforces to boost domestic production, experts say the crop that has underpinned the nation’s rise and fall needs to give way to more profitable alternatives.
Guillaume Virag, co-founder and CEO of Project Alba, a for-profit social enterprise that partners with smallholder farmers in developing countries, said that Cambodia’s once-flourishing agriculture industry was in many ways locked in a futile struggle against the nation’s more developed neighbours as long as it remained focused on a few staple crops.
“You’re in an emergency state with agriculture,” he said. “Irrigation techniques, soil work, soil strategy is a strong issue, because people have grown rice over and over. And competition with Vietnam and Thailand, China, countries that are much more advanced in agriculture. There is a cost problem, inherently – a lot of inputs in the agricultural sector don’t come cheap, and so all together there are very few crops on which Cambodia is currently competitive on an international level.”
Nowhere is this lack of competition more apparent than in the Kingdom’s staple rice crop, which continues to make up the bulk of Cambodia’s agricultural exports. Despite exporting almost 300,000 tonnes of milled rice in the first six months of this year – an increase of more than 7% relative to the same period in 2016 – poor infrastructure and high energy costs have left the market price for white rice in Cambodia consistently higher than its competitors Thailand and Vietnam. Cambodia has also failed to come close to the government’s own declared goal of one million tonnes of rice exports per year.
In spite of this, many smallholder farmers in Cambodia continue to rely on the cereal as the cornerstone of their crop production. Jun Arii, board director of the Japanese Business Association of Cambodia and a vocal proponent of agricultural diversification, said that the Kingdom’s increasing levels of rice production failed to reflect the nation’s needs.
“It’s not about expanding the production of rice or enhancing the export of rice at all,” he said. “It’s about trying to find an alternative crop for rice which will maximise the return to the farmers and – I like to go along in line from a food securities point of view – probably four million tonnes of rice production is ample sufficiency for Cambodia.” Forecasts from the UN’s Food and Agriculture Organisation predict that favourable rainfall will push this year’s domestic rice production over ten million tonnes – just a slight increase on 2016’s output.
Estimates of the total area taken up by rice production range between two-thirds and three-quarters of the Kingdom’s cultivated land – a fact that will come as little surprise to any traveller threading highways that run through seemingly endless rice fields. In 2013, the total production area for rice in Cambodia was more than three million hectares. The next most produced crop, maize, covered just under 240,000 hectares. According to Virag of Project Alba, the government’s focus on improving poor conditions for the nation’s rice farmers was politically predictable – just last month it pumped another $80m into the sector to keep prices stable.
“If you’re in Cambodia, rice is a quick win,” he said. “If you improve anything on rice you have a social impact that’s very large. That’s why the focus is so strong on it – you have a very strong base of farmers, and the path forward is relatively simple: just bring millers into the country, invest in infrastructure, make sure you get contract farming in place to improve your seeds and you see how to move forward with massive volumes.”
For Thailand and Vietnam, comparatively advanced nations with populations that dwarf Cambodia’s 15 million, plans to intensify rice production are supported by a large labour force and infrastructure that leaves the Kingdom in the dark. Arii argued that rather than blindly following in the footsteps of its neighbours, Cambodia would do well to forge its own path in the world of agriculture.
“Creating the country’s direction is rather important, instead of going to the labour-intensive, heavy industry – you can have that in Thailand or Vietnam,” he said. “So Cambodia still can find their own avenue for building a successful country.”
According to research by Cambodia’s Centre for Policy Studies, the country imports anywhere between 200 to 400 tonnes of vegetables from neighbouring countries every day – a staggering four-fifths of domestic consumption. According to Yang Saing Koma, former president of the Cambodian Centre for Study and Development of Agriculture, it is only by building up profitable domestic supply chains for produce that Cambodia might outflank its competitors, rather than getting bogged down in an unwinnable numbers game.
“Even if we continue to grow rice, we need to go towards high-quality premium and organic rice,” he said. “My idea is that we first focus on the replacement of imports, and secondly on the export of high-quality, unique products – organic rice, premium rice, pepper, Mondulkiri coffee. There are so many unique products that we have to develop.”
For some crops, such as the high-quality pepper cultivated in the nation’s south that has made Kampot part of the lexicon of high-end cuisine, the rewards have already been realised for many enterprising farmers. And while Virag suggested that farmers blessed with large plots of land should continue to invest in crops that could be easily mechanised to lower labour costs – such as the cereals that underpin much of the existing infrastructure – he said it was a luxury that the majority of Cambodian farmers could ill-afford.
“The average farm size in Cambodia is half a hectare, so you’re not doing the same thing,” he said. “If you have small land, you have to do higher-value crops if you want to improve your income in the long-term. Switch part of your production to vegetables, for example, or spices, fruits, to things that bring much more value per square metre.”
Cambodia’s agriculture sector will rely heavily on subsistence farming for years to come, although increasing industrialisation and automation across the region is a difficult trend to ignore. For Koma, the inevitable transformation of smallholders’ plots into larger-scale commercial operations presents a major challenge for a sector that has been historically slow to adapt to change.
“In the next ten to 15 years, we will see maybe around 20 to 25% of all Cambodian farmers remaining commercial farmers – so Cambodia will not be 70-80% farmers any more,” he said. “The number would decrease, but would be more productive, more competitive and more market-oriented. You will see the development of medium- to large-scale farming in high-value products like durian, like pepper – this kind of farming system that takes a big capital development.”
Perhaps more pressing than the spectre of automation is a common struggle facing farmers across the region: as the cities of Southeast Asia swell with the force of urban development, more and more young workers are leaving family farms and looking for a more lucrative living. Mey Kalyan, a senior advisor to the Supreme National Economic Council and chairman at the Royal University of Phnom Penh, said that young Cambodians were increasingly leaving the provinces to work across the border in Thailand or in the factories surrounding Phnom Penh.
“The more we produce rice, the poorer and poorer we get,” he told Southeast Asia Globe. “I roughly calculated that to earn [the same] money as a normal worker in a garment factory, one has to grow six hectares of rice. Can you and I do that? It’s tough work. It’s not rewarding. That’s why it’s not attractive.”
Although critics within the labour movement argue that the minimum wage remains too low to meet the needs of everyday workers, the mandatory monthly salary in Cambodia’s crucial garment manufacturing sector has more than doubled in the past six years to just over $150 a month. By contrast, the average monthly wage for rice farmers is estimated to be anywhere between $50 to $100. For a nation that has been so thoroughly dominated by its agriculture industry throughout its history, Virag said, it is a striking change.
“When you see the movement of the general population, especially young folks, it’s going to be out of agriculture very strongly,” he said, noting that the prevailing estimate that 80% of households relied on farming was severely out-dated. “If you look at the numbers today, you are going to be at something like 40%.”
And with more than half of Cambodians now owning smartphones, the disconnect between the younger generation and their parents is growing more pronounced. Ultimately, Kalyan said, new entrants into the workforce could not be blamed for seeking a steady living further afield than the failing family plot.
“People are looking for opportunities – sometimes good sometimes bad, sometimes to serve the short-term purpose, but not the long-term,” he said. “But people are still poor, so they are hungry for improving their living standards. And combined with the internet age, with TV, they know what is happening in other countries, how much the salaries are. All this is difficult to stop. Instead I think we have to make Cambodia more attractive.”
Programmes such as USAid’s Cambodia Harvest and Virag’s Project Alba aim to do just that. As of 2013, more than 10,000 households had diversified their cropping with the Harvest’s assistance. And Virag said that his team has helped double the income of more than 500 smallholder farmers in Kampot and Takeo provinces by helping them to diversify their crop production, invest in drip irrigation and modern equipment and by pledging to buy the resulting crop at a fixed price.
For Kalyan, though, this change cannot be accomplished by the private sector – or foreign aid – alone.
“The main, main, main, main problem in Cambodia is, for example, if I’m a farmer and I want to shift from rice to pepper – but do I have enough support? Enough technical knowledge to shift?” he said. “It’s very difficult. So that is the role of the government and I think the government’s work on this is not sufficient.”
Koma argued that while more government support in research and development, technology, quality control and certification was urgently needed, it was also imperative that small-scale farmers banded together as collectives in the face of fierce regional competition.
“Our farmers need support to be organised, because only a strong farmers’ organisation will be able to compete in the market,” he said. “Big-scale farming, it can have access to capital, low interest rates. But small-scale farmers, they have access to a small amount of capital at a very high interest rate – two or three times higher than the big-scale farmers.”
Ultimately, Kalyan said that Cambodia’s agricultural sector would not be saved by scale, but by strategy.
“Cambodia has no need to do a big production – number ten in the world, number five in the world, we can’t do it,” he said. “We have to target the niche market, not volume, because we cannot compete on volume. But we have to do something we are good at. To do this with flexibility, with innovation, and with ownership from the people. I think the people will answer.”
This article was published in the September edition of Southeast Asia Globe magazine. For full access, subscribe here.
Did you get this e-mail from investor relations?
At least they are communicating with their shareholders.
----------------------------------------------------
To Grogenesis shareholders and interested investors:
In this month's Southeast Asia Globe, a publication based in Phnom Penh, Cambodia published an article on the state of agriculture in Cambodia. Significantly for Grogenesis, it was noted, "There is a cost problem, inherently – a lot of inputs in the agricultural sector don’t come cheap."
Significantly for GroGenesis---“If you’re in Cambodia, rice is a quick win. If you improve anything on rice you have a social impact that’s very large. That’s why the focus is so strong on it – you have a very strong base of farmers...
The former president of the Cambodian Centre for Study and Development of Agriculture said, “Even if we continue to grow rice, we need to go towards high-quality premium and organic rice,” he said. “My idea is that we first focus on the replacement of imports, and secondly on the export of high-quality, unique products – organic rice, premium rice, pepper, Mondulkiri coffee."
GroGenesis's initial focus on emerging growth countries is predicated on the recognition that farmers are in dire need of a cost efficient input that offers the benefits of organic farming practices AND an increase in crop yields. Farmers can still use chemical fertilizers, but the amount of fertilizer required can be reduced (thereby reducing input costs).
As mentioned in previous company press releases (Press release link with rice field test images included-- http://www.einpresswire.com/…/grogenesis-inc-expands-agrabu…), yield increases of 15%-40% have been recorded when AgraBurstPRO has been applied.
As noted in the article below, if farmers decide to transition to "higher value" crops--such as organic rice, pepper, coffee etc.--AgraBurstPRO can facilitate the transition to organic and help farmer's increase their income.
Investor Relations for GroGenesis
http://sea-globe.com/cambodia-future-rice/
Doesn't mean anything. Just a small trade. Would have loved to have been the buyer though. Waiting for consistent daily volume of size, 50-100K would be nice.
Gltu
No news recently, but the last two press releases were on a MOU in south East Asia and a Master Distributor in SE Asia. If they could really get some distribution in that region, with all the rice production they do and AgraBurst kicking up the yields, they could really have a good year in sales. JMO
GROG Facebook page seems to get informative posts everyday. Mostly links to articles on organic agriculture. Lots of info on Asia again.
Hoping and also thinking we see volume start to pick up. There certainly are very few sellers. The stock is very tightly held, acts like the float is super tiny. Saw on a grog vid today visual results from tobacco farmer in Tenn.
Just one state and one crop,touching a small percentage of the market would be huge for grog.
15k sitting on bid at .30.
Looking forward to the days we are looking at 150K share bids. With the % yield increase and cost benefit numbers, those larger buyers will come. Feeling very confident in the tech, just watching it become known. At some point the market will see the snowball effect. First regionally then, well we shall see. Very very bright future. Imo
Got an email from the company last night. I like it when a company takes the time to communicate with shareholders. Looks like they will be reporting revenues in their 10Q in about 35 days
Asked grog info about cost benefit to farmers. Been impressed by yield numbers, but that does no good if the farmer has to spend 1 dollar to make one dollar. Here is the reply.
"Yes, there has been a cost/benefit analysis done on a number of crops.
The "investment" return for a farmer ranged from three fold to up to
almost 10 times the costs for AgraBurst PRO. In other words, for every
$1.00 spent on AgraBurst PRO applications , a farmer realized from $3.00
to $10.00 in yield return. Currently, the Company is not making any
public representations of these expectations but, as more field testing
is conducted, that may change."
Yes the pics are pretty telling. Looking forward to more folks hearing about the company and the product. For now we are under the radar and it seems just a handful of folks are following grog. It will change.
GroGenesis, Inc. Expands AgraBurst PRO(TM) Distribution Network to Bangladesh
SIOUX FALLS, SD--(Marketwired - Sep 5, 2017) - GroGenesis, Inc. ( OTCQB : GROG ) (the "Company"), a global sustainable solutions company and producer of AgraBurst PRO™, an organic, non-GMO, broad spectrum nano-surfactant nutrient emulsifier for growers, fertilizer manufacturers and commercial lawn and turf companies, announced today the signing of an exclusive license and distribution agreement with JAK International headquartered in Dhaka, Bangladesh.
AgraBurst PRO™ is a specialized, proprietary, organic, non-ionic (neutral charge) formulation of the highest quality, purified food-grade ingredients incorporating activated carbon source organic matter with beneficial soil health and plant stimulant properties. By incorporating the use of AgraBurst PRO™ in farming protocols, fertilizer efficiency is dramatically increased and, concurrently, pesticide use has been shown to be reduced by the product's ability to repair and enhance the plant's immune system. AgraBurst PRO™ is added to a grower's spray solution and improves the delivery and absorption activity in both the soil and the plant tissue. University supervised testing on rice in Bangladesh has recorded yield increases ranging from 15% to 30% on various indigenous seasonal rice hybrid strains.
Mr. Jahangir Ali, CEO of JAK International, said, "We are incredibly excited to be named as the exclusive distributor of AgraBurst PRO™. It is always a farmer's challenge to increase their crop yields while holding production costs down. JAK International believes in a non-GMO and organic approach to agricultural input, thereby creating opportunities to grow nutritious and healthy foods while reducing the quantity of chemical fertilizer and toxic pesticide inputs in agriculture."
Mr. Ali continued, "After conducting initial field tests with AgraBurst PRO™ and seeing the very promising results in healthier plants and increases in crop yield of 15%-40%, we felt compelled to introduce this all-natural product to our sub distributors and farmers in Bangladesh. AgraBurst PRO™ has the very real potential to significantly impact the agriculture output and ensure food security for our country. We have worked diligently with both farmers and universities to record field tests and results to ensure that there is a scientific baseline for market expansion into other crops. AgraBurst PRO™ is exceeding our performance expectations on many levels."
Richard Kamolvathin, CEO/CSO of GroGenesis, commented, "GroGenesis is honored to welcome JAK International to our growing AgraBurst PRO™ international distribution network. Mr. Ali and his team at JAK have done a tremendous job of identifying a target market, as well as a realistic and comprehensive execution plan that allows us to improve our projections for future revenue in our business model. There is a very real need for nutritious, premium, organic food production in Bangladesh. Tremendous opportunities exist to help farmers transition from conventional farming toward the more environmentally friendly, economically viable premium food markets of non-GMO and organic production.
"We look forward to working closely with JAK International in introducing AgraBurst PRO™ to the Bangladeshi agricultural market and making a very tangible difference in the incomes of the families of farmers and the health of our planet."
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 JAK International
Founded in 1995, JAK International has developed into a global enterprise with overseas representative offices in Thailand, Myanmar and Canada. JAK International is a diversified trading company with interests in agriculture, industrial plant machinery, medical diagnostic technology, solar energy systems, aquaculture, jute fiber products and garment manufacturing. Corporate e-mail: jakintl@gmail.com.
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 a broad spectrum, 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). The company's flagship product, AgraBurst PRO™, is an organic agricultural input which optimizes the plant's uptake of nutrients incorporated in fertilizers and reducing fertilizer input requirements. 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. The Company has conducted field testing and is currently distributing AgraBurst PRO™ in South East Asia, Columbia and throughout the Caribbean.
Today's news is great for the future, imo. If they can really show those kind of increases in rice production, what rice farmer would say NO to using AgraBurst?
I would like to see some more shipment news, because that will show that there is more revenue that is going to be booked when they report their quarter.
40% increase in yield for rice?!! That is huge. Those pictures are pretty impressive.
With news on revenues, this could take off. We all know that volume attracts traders. Wish they could get a PR out on some more shipments.
I am in this for the long haul. But news imo will take out the 30 or 40K at .35. Would not be surprised to see it happen this week.
Mine triggered at the end of the day. My limit order was for 0.305 but got them or 0.27 so I'm happy. I now have 20,200 shares. Gonna sit on these for two or three years and cash out for???????
Looking forward to the day when GROG switches over to the NYSE.
I have had the same issues with thinly traded stocks. Sometimes you get it inbetween, other times u get ignored. Very frustrating, not just a grog issue. I have been confident enough in management and product to step up on this one. Hope u r able to get your shares.
Why is there no volume?????
Once again I have a buy order for 0.305. The Bid/ask is 0.29/0.32. Anybody know why the market makers ignore buy orders that fall within the bid/ask?
Looking forward to a pick up in volume and interest. Very much under the radar. Would be very difficult to pick up even 100K shares without driving the price up. Bid sitting seems to be pretty futile. Lol
Barchart.com has a Technical Opinion of 80% BUY.
This is an automated interpretation of charts based on a number of
indicators. Obviously, one of the inputs in any trader's or investor's
toolbox.
https://www.barchart.com/stocks/quotes/GROG/opinion
The ask is moving and you look like you were trying to split the bid and ask
Be interested to see if we have an immediate positive response to GC or maybe an overall up trend. Looks like Wed it will be completed.
Be interested to see if we have an immediate positive response to GC or maybe an overall up trend. Looks like Wed it will be completed.
Grog is super thinly traded at this point. Once we get some rev numbers and we and others see the growth. Then we have liquidity. But at what price? Will folks sell at a quarter if there is liquidity, or will it be 50 or 75 cents? Imo we will be much higher than current prices before we become liquid. All Imo.
gltu
Tried to pick up another 7600 shares at 0.27 on Thursday. 5600 triggered and the remainder are pending. Price is still 0.27 and my pending won't trigger........since Thursday afternoon. Anybody have any idea why no shares are being bought or sold, including mine I'm waiting to trigger?
Interesting video, hope they have there intellectual property well defended. I would think So, some company will gobble them up for a pretty penny down the rd.imo
Potential here is huge, but you are correct exposure at all levels is key. Maybe just dreaming, but anything in cannabis market would make the story more visible. Get the feeling management is less concerned about a big run in the stock and much more concerned about a healthy rapidly growing business. Gltu
FB link
https://m.facebook.com/GroGenesis-Inc-942738612426831/
Anyone notice that GroGenesis' Facebook page has been updated recently? Last time I checked the posts were pretty dated. Now their are pictures of crops from overseas. Palms oil trees. With all the recent news, it looks like the company is cranking up. It should be interesting to see if they get traffic on that page that we can monitor. You got to have people know about your company and your product to succeed. Updating the Facebbok page is a step in the right direction
There have been two shipment announcements to two countries--Barbados and Columbia. But the recent news shows alot coming out of Asia with no news of shipments there yet.
Those countries could be big shipments.
That Golden Cross on the chart is coming up.
What the hell is a 'Golden Cross', you say?
Well, funny you ask. The golden cross is a bullish breakout pattern formed from a crossover involving a security's short-term moving average (such as the 15-day moving average) breaking above its long-term moving average (such as 50-day moving average) or resistance level. As long-term indicators carry more weight, the golden cross indicates a bull market on the horizon and is reinforced by high trading volumes.
Golden Cross
BREAKING DOWN 'Golden Cross'
There are three stages to a golden cross. The first stage requires that a downtrend eventually bottoms out as selling is depleted. In the second stage, the shorter moving average forms a crossover up through the larger moving average to trigger a breakout and confirmation of trend reversal. The last stage is the continuing uptrend for the follow through to higher prices. The moving averages act as support levels on pullbacks, until they crossover back down at which point a death cross may form. The death cross is the opposite of the golden cross as the shorter moving average forms a crossover down through the longer moving average.
Applications of the Golden Cross
The most commonly used moving averages are the 50-period and the 200-period moving average. The period represents a specific time increment. Generally, larger time periods tend to form stronger lasting breakouts. For example, the daily 50-day moving average crossover up through the 200-day moving average on an index like the S&P 500 is one of the most popular bullish market signals. With a bell weather index, the motto "A rising tide lifts all boats" applies when a golden cross forms as the buying resonates throughout the index components and sectors.
Day traders commonly use smaller time periods like the 5-period and 15-period moving averages to trade intra-day golden cross breakouts. The time interval of the charts can also be adjusted from 1 minute to weeks or months.
Just as larger periods make for stronger signals, the same applies for chart time periods as well. The larger the chart time frame, the stronger and lasting the golden cross breakout tends to be.
For example, a monthly 50-period and 200-period moving average golden cross is significantly stronger and longer lasting than the same 50.200- period moving average crossover on a 15-minute chart. Golden cross breakout signals can be utilized with various momentum oscillators like stochastic, moving average convergence divergence (MACD) and relative strength index (RSI) to track when the uptrend is overbought and oversold. This helps to spot ideal entries and exits.
Read more: Golden Cross http://www.investopedia.com/terms/g/goldencross.asp#ixzz4pI74L4dz
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I agree.
Amazed at the micro volume at this point. We are just undiscovered. But hard for anyone to get a position with out having a 35% increase.lol
I believe some prs with numbers. The golden cross and the end of summer will all help volume.
I willing to wait a long time on this one. Future looks extremely bright.
This news may not seem important, but it tells me that more people are getting involved in this company
You would think it is after they have seen those field tests.
News
SIOUX FALLS, SD--(Marketwired - Aug 8, 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' crops including fruit, vegetables, palm and rice, announced Mr. Sadru Habib as Managing Director for GroGenesis, Inc. for countries in the Southeast Asia region including Bangladesh, Cambodia, Laos, Myanmar, Sri Lanka and Vietnam.
Field testing with AgraBurst PRO™ in Southeast Asia on crops such as sugar cane, oil seeds, palm, jute, potatoes, wheat, beans, corn, pineapple and bananas has recorded yield increases from healthier plants with robust root systems, as well as improved balance on microbial life in the soil. As an organic input, AgraBurst PRO™ contributes to the rehabilitation of the farm soil, while at the same time encapsulating essential micro-nutrients for more effective delivery to the plant. Field studies in Southeast Asia, Central and South America have demonstrated shorter plant germination time, increased growth rates, improved disease resistance, improved soil condition, better water retention and premium quality yield.
Mr. Sadru Habib, Managing Director for GroGenesis in Southeast Asia, said, "We have been working with distributors and farmers in field testing AgraBurst PRO on a multitude of crops in a number of Southeast Asian countries over the past two years. With our partners, we are pleased to announce our validated successes in protocols for each specific crop and have confirmed the reports of substantial increases in crop yield and lower input costs. It is apparent to us that AgraBurst PRO™ will have a significant impact on the agricultural practices throughout Southeast Asia. It is my personal commitment to offer cost effective alternatives that help farmers in the region produce food that is not oversaturated with toxic chemicals."
Mr. Richard Kamolvathin, CEO and Chief Science Officer of GroGenesis, Inc., said, "The momentum we have been experiencing in expanding market share and signing on distributors who have performed their due diligence on the value of AgraBurst PRO™ has been exciting to see over the past few months. As a company with the passion to help farmers transition towards healthy farming best practices that result in increased food security for nutrition-deficient emerging markets, GroGenesis is fulfilling its corporate mission of Growing the Science of Organic and Non-GMO Yield Globally."
Mr. Kamolvathin concluded, "We look forward to expanding our distribution network after additional distributors complete their own field testing of AgraBurst PRO™ in their specific regions of the world."
About AgraBurst PRO™
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
Interesting site on technical analysis
and what it says about GROG.
https://www.barchart.com/stocks/quotes/GROG/opinion
I know I may sound like a broken record. But really looking forward to the golden cross just a few, maybe 2 weeks away. In my experience it leads to a healthy up trend. Also will bring in traders, some of the traders will become long term holders. So imo, the quite trading days are numbered. On top of that we now have revenues, and consistent, eye popping field test numbers. Very little overhead. What's not to like.
Looks like GROG is alive and well. With revenue finally coming in, there should be more investors taking a look at them. What I am impressed by is that they seem to get willing distributors who have done the tests in the field to make sure they will be distributing a product that actually WORKS!
But the bid deal here, IMO, is that farmers in developing countries NEED an increase in yield to justify a new product. If they get increasses in yield of that 15% to 30%, that makes up for any cost. But it seems the fertilizer cost would go down using Agraburst too.
Win win.
August 3o is their cutoff for their quarter. Hope we see more of these type PRs because it could mean a big quarter in revenue when they file the 10-Q.
GLTU
Anyone get this e-mail from IR? It answered a question that I had too.
If the company has a few more of these "first shipment" press releases, I would think that it will begin to get more investors attention. And more trading volume, which is always a positive.
Are you in any of this GROG,ss?
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To GroGenesis shareholders:
The Company has received a number of inquiries regarding the recent announcements of shipments to Barbados and Columbia and their impact to revenues.
For clarification purposes, the revenues from these shipments will be recognized in the current fiscal quarter ending August 20 (First Quarter, 2018). The current quarter is the first revenue quarter in the Company's history.
When the Company makes a first shipment to a country, a press release will be issued. Revenue from these shipments will be booked in the quarter when announced.
For your information.
Investor Relations for GroGenesis
Notice Regarding Forward-Looking Statements
This e-mail communication 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 communication 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, 2016, and in our other filings with the Securities and Exchange Commission. The Company undertakes no obligation to revise or update any forward-looking statement for any reason.
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.
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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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