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ProGreen US Inc. (PGUS)

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Last Post: 6/26/2017 10:54:51 PM - Followers: 257 - Board type: Free - Posts Today: 0



   ProGreen US, Inc.


Updated May 19 2017
Authorized Shares   Outstanding Shares   Restricted Shares      Free Float   
950M   349.81M   103.44M     222M

   CEO Mr. Jan Telander is the proud owner of 
 common shares purchased at various share prices ranging from $.0006 to $.0249 PPS





"These interviews with Mr. Telander really puts PGUS into perspective. The interviews are  a must listen if one is conducting DD or thinking about investing with PGUS

Interview with ProGreen CEO Jan Telander (Uptick Newswire Podcast)

Interview with ProGreen CEO Jan Telander 2/23/17 ( A must listen!!!! )


 Jan Telander, President and CEO


An accomplished businessman, Jan Telander’s success in business spans over more than three decades. Mr. Telander began his lengthy tenure of developing and directing several successful business models in the early 70s.  In the last few years Mr. Telander has had major successes including starting up Soltech a leading solar technology company in Sweden and China. In Spain Mr. Telander is responsible for the building of over 500 homes. 
In Spain, Sweden, the UK and in the United States, he is recognized for his record of success in real estate developments and construction, private investment dealings, the acquisition and tailoring of start-up companies, including a new solar technology company. Mr. Telander’s strong belief in energy efficiency and green technology has become a focal point in his present evaluation of business opportunities. As the founder and leader of ProGreen, Mr. Telander’s vision for success has now led him to look at Baja California as a great opportunity for future developments. ProGreen has until  now been exclusively involved in real estate in Oakland County, Michigan, but has now started to look into other areas  with great opportunities. At present the company is looking into possible development opportunities in Oklahoma and expansion of  their on going efforts in Baja. 



PGUS Subsidiary   (  Procon Baja JV, Inmobiliaria Contel  )


Procon Baja JV is our joint venture subsidiary with Inmobiliaria Contel in Baja California, Mexico, with ProGreen 51% and Contel 49%. The company is managed by a board of Managing Directors consisting of three members, with two representing ProGreen and one representing Contel. At least two Managing Directors approval is required for major decisions and financial transactions, giving ProGreen full control.

                                         PGUS - Business Summary Real Estate & Agriculture, Baja Ca, Mexico

PGUS Business Updates:

July 5 2016
ProGreen US  Open Letter to Shareholders:

Recently we have begun focusing on opportunities in Mexico, through investments in agricultural land in Baja California. We anticipate to increase this activity substantially over time.

Goals for the next 12-18 months

*  Create a substantial revenue stream from our agriculture land developments in Baja

*  Commence property developments in Baja as well as in the US.

*  Enter into a formal agreement with Soltech Energy Sweden AB and apply their solar technology to suitable properties developed by ProGreen in the US and Baja.

*  Broaden our shareholder base through regular communication and interaction with shareholders and the investment community at large.

*  Get the company moved up to OTCQB and move the company toward a Nasdaq listing.

Transparency towards our shareholders
True transparency of the company's activities and progress in respect to shareholders, we see as essential to attract long term investors and create shareholder loyalty. Keep the public well informed with an open line of communication, channeled mainly through our new website, with attached Twitter feed, message board, ticker news, press releases, and share structure (updated first week of every month). We will also expand our exposure to the public through other suitable social media, webinars and investor presentations, reflecting the mission of transparency as well as growth of the company, to serve as a true barometer of PROGREEN.

Over the past 6 months we have been working very hard with turning the company around and some significant progress has been made.

February 13. A joint venture agreement was executed with INMOBILIARIA CONTEL S.R.L.C.V. (CONTEL) for the first tract of land of approximately 300 acres for agriculture use in Baja California, Mexico. The land has since been developed and prepared for active farming with three wells providing an abundance of water (700 Gallons/minute) and is now being actively shown and marketed to potential buyers, with several parties showing serious interest.

February 17. The earlier outstanding Convertible Debenture of $476,000, was assumed by EIG Venture Capital Ltd., the company's main shareholder, in exchange for Preferred Stock in the company.

February 22. The company signed a capital injection commitment for a total of $300,000 from Jan Telander, CEO of the Company, Ulf Telander, CEO of EIG Venture Capital Ltd., and Frederic Telander, CEO of Soltech Energy Sweden AB, clearly demonstrating confidence and belief in the future of the company.

March 8. The acquisition of American Residential Gap LLC (ARG) was finalized, bringing its 14 properties on to PROGREEN's books, adding a net asset value of $1,285,000 to the balance sheet. The acquisition was a pure paper transaction with full payment being made by issuance of Special Preferred Stock to American Residential Fastigheter AB (ARG's previous sole member), convertible into common stock by March 8, 2017. The conversion price will be based on the average market price for the 20 preceding trading days of March 8, 2017. The Preferred Stock can also be paid off in cash.

March 28. The last of the "toxic" convertibles with institutional lenders, was fully converted.

May 14. A second Joint Venture Agreement was signed with CONTEL for two parcels of land, 235 Ha (588 acres) and 529 Ha (1323 acres) respectively. The land will be prepared and developed for agriculture use, to be leased to growers of produce.

June 17. PROCON BAJA JV was formed in Ensenada, Mexico, as a holding company for the JV signed on May 14. The company is owned by PROGREEN to 51% and CONTEL 49%, and will be managed by a board of Managing Directors consisting of three members, with two representing PROGREEN. At all times, at least two directors' approval will be needed for management decisions or financial transactions, giving PROGREEN, in effect, full operational control. As a majority shareholder, PROGREEN will be able to reflect its assets in Baja on the balance sheet.

June 23. PROGREEN signs definitive agreement with Tangiers Global, for a $5 million Equity Line. A maximum of 100 million shares will be registered in a S-1 Registration Statement for this funding. A note for $22,000 was also issued to cover the cost of the registration statement. The Note is convertible into common stock after six months, at a fixed price of $0.03. Tangiers was also issue 4 million warrants as commitment fee, with a strike price of $0.02.

New direction in Michigan
With steadily rising property prices here in Michigan, we find that rents cannot keep up at the same rate, resulting in lower yielding properties, if based on present values. This has led us to a change of direction.

Many potential home buyers are still today unable to obtain conventional mortgages and are therefore practically excluded from the property market. We have concluded that offering our rental properties for sale with seller financing, can be very beneficial for the company. We are able to obtain higher prices than with conventional financing, with very limited competition in the market place of properties with this type of financing. Recently sold two of our properties were sold with land contracts and a third is expected to close in July.

Outlook for the rest of 2016
We have now commenced work in Baja on the second JV tract of land of some 1900 acres, with 500-800 estimated to be suitable as prime agriculture land. Initially we will be preparing the access road (6 miles), clearing land and drilling wells.

PROGREEN is currently also looking at a number of different options, to find a suitable builder/contractor to partner up with for investment opportunities with solar technology and energy efficiency. We have an established a relationship with Soltech Energy Sweden AB, and are aiming to implement their Solar Shingle Technology in future building projects.

It is our goal to up-list off of the pink sheets to the OTCQB in the near future and show investors that we are building a strong company with a clean balance sheet as well as a steady revenue streams.

Key Highlights

PROGREEN Completes $1,285,000 Acquisition of American Residential Gap LLC

PROGREEN Receives Important Capital Injection - $300,000

Toxic Debenture Conversion Completed

PROGREEN Forms Mexican Subsidiary -- PROCON BAJA JV

PROGREEN Launches New Website

PROGREEN signs $5 million equity line of credit

Aug 2016

ProGreen Plans to Reduce the Number of Authorized Shares

Sept 2016

ProGreen Uplists to OTCQB

Oct 2016

ProGreen Goes for Green Leases

Nov 2016

ProGreen Gets Further Funding From the CEO

Dec 2016

ProGreen Reduces Authorized Shares of Common Stock

Dec 2016

ProGreen's JV Partner Contel Enters Into Agriculture Operations in Baja California

Jan 2017

Contel Signs Million Dollar Produce Agreement

Feb 2017

$5 Million Equity Line Declared Effective

Feb 2017

ProGreen's Subsidiary Procon Acquires 5,100 Acres of Ocean Front Land in Baja

Mar 2017

ProGreen Announces Transfer of Deed and Acquisition Terms for Oceanfront Land

Mar 2017

On March 16, 2017, the Company paid off in cash without any conversions the $100,000 Hopple convertible note issued in September, 2016.



MUST READ!!!!!!!! ( click on the link below )
An excellent and informative post which gives great insight on potential revenue and valuation of PGUS in the future.

Informational Blog posts by PGUS CEO Jan Telander. Another must read for those conducting research on the company.

2016-05-31 12:09:11 BAJA WATER UPDATE VIDEO

June 2016

Baja Update  ( Drilling water wells on PGUS owned farmland  )

Aug 2016

Baja Business Update

Aug 2016

Baja Business Update   ( Reasoning for the new formed subsidiary PROCON )

Dec 2016

Baja Agriculture Update




1. Our CEO (Jan Telander) and SolTech's CEO (Frederic Telander) obviously have the same last name. I have personally contacted our CEO and he confirmed that Frederic (SolTech CEO) is his cousin.

2. Our CEO (Jan Telander) is a major shareholder of SolTech owning 927,162 shares.
    Frederick Telander owns 1,545,259 SolTech shares


                                                                                                         Links to SolTech Energy Product line  :


Ocean Front  Property owned by PGUS


Virgin soil being prepared for planting of Red Chili Peppers with irrigation




March 27, 2017 - Red Chili Peppers Maturing at Baja Plants Nursery ( Planting late March / early April 2017 )

Water wells drilled in Baja California


Aerial photos of PGUS owned Ocean front real estate,  Cielo Mar ( Heaven By the Sea ) Baja California, Mexico






Current Price
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
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  • 5Y
PGUS News: ProGreen Hires Chief Financial Officer with Broad Public Company Experience 06/13/2017 08:15:50 AM
PGUS News: ProGreen's Baja Development Reaches 80% of First Pre-Sales Lot Reservations 05/31/2017 08:50:11 AM
PGUS News: ProGreen Launches New Company Website 05/30/2017 08:15:17 AM
PGUS News: Statement of Changes in Beneficial Ownership (4) 05/23/2017 10:26:13 AM
PGUS News: Statement of Changes in Beneficial Ownership (4) 05/18/2017 10:44:04 AM
#37444  Sticky Note I wonder, how much patience do you think Davis_Elite 05/27/17 11:04:02 AM
#37377  Sticky Note Business Update Davis_Elite 05/25/17 08:42:27 AM
#37258  Sticky Note PGUS DD posts dating back to summer 2016 MoneyForNuthin 05/19/17 10:29:02 AM
#35635  Sticky Note CieloMar Website New Form 4s and Debt Reduction Davis_Elite 04/05/17 08:47:11 AM
#33015  Sticky Note PGUS News: ProGreen's Subsidiary Procon Acquires 5,100 Acres Davis_Elite 02/03/17 11:57:36 AM
#37964   I was just thinking the same thing. Jan tknuncle 06/26/17 10:54:51 PM
#37963   Very appreciative of the updates we get from khawkclarke 06/26/17 10:24:00 PM
#37962   Finally got an order filled. Rudy Gobert 06/26/17 02:27:36 PM
#37961   Two buy orders not being filled. Rudy Gobert 06/26/17 12:48:14 PM
#37960   Still think you are 50-70% high on your tigerpac 06/26/17 07:54:30 AM
#37959   WOW cant believe how fast our plants are getitrit 06/25/17 08:56:51 PM
#37958   I think it a major thing that any sewer182 06/24/17 07:49:33 PM
#37957   Have not been on the board much lately. sewer182 06/24/17 07:45:40 PM
#37956   Patience guy. We will see .15 before EOY. sewer182 06/24/17 07:44:02 PM
#37955   Thanks for the update Jan to Davis for flacrusher 06/23/17 12:53:52 PM
#37954   WOW look at that Growth New Tweet Davis_Elite 06/23/17 12:39:29 PM
#37953   hoping for new pictures over the weekend. uksausage 06/23/17 10:26:51 AM
#37952   I agree. $0.05 will be here quickly The_Riddler 06/23/17 09:53:23 AM
#37951   Very thoughtful of Mr Hoover. Vman963 06/23/17 09:15:06 AM
#37950   Hoover at .02 for sure . I sense heyheyhey 06/23/17 08:59:14 AM
#37949   Not sure why people are so eager to EasyMoney1234 06/22/17 10:31:26 PM
#37948   Time to add some more shares, and we Threedo 06/22/17 08:46:09 PM
#37947   Take notice big chunks wanted? getitrit 06/22/17 04:01:32 PM
#37946   relax, they only own 300k shares ...i own heyheyhey 06/22/17 01:21:48 PM
#37945   Huge is not a big enough word... this Davis_Elite 06/22/17 11:46:42 AM
#37944   I don't believe most realize how big this TheSerb 06/22/17 11:32:16 AM
#37943   This Is Huge.. an institution with a 12.4 Davis_Elite 06/22/17 11:30:57 AM
#37942   Looking back at that, I see those purchases Davis_Elite 06/22/17 11:26:23 AM
#37941   It's not a matter of IF we hit TheSerb 06/22/17 11:19:29 AM
#37940   The $0.05 cent club needs to become the HouseSteve 06/22/17 10:48:33 AM
#37939   Nice find man INSTATRADER 06/22/17 09:41:46 AM
#37938   Somehow, we've managed to hit the BB. I've Enixenigma 06/22/17 09:29:17 AM
#37937   Institutions taking notice this will have HUGE impact Davis_Elite 06/22/17 08:52:23 AM
#37936   Next block of news will move us. Master getitrit 06/22/17 08:37:41 AM
#37935   Solid company with big upside. Added more today! Catpole 06/21/17 09:57:24 PM
#37934   I have not been here long but have apison 06/21/17 07:10:29 PM
#37933   It's a $12.4B portfolio, holding 1,476 stocks. Davis_Elite 06/21/17 06:14:53 PM
#37932   DISCLAIMER: I'm with you, I'm not trying to DFDBTB 06/21/17 03:48:02 PM
#37931   Well, we looked like we were going somewhere Enixenigma 06/21/17 03:42:09 PM
#37930   That's gone as well as the 500k bid Simonizer 06/21/17 03:39:25 PM
#37929   Bid now .0205 for 100k Simonizer 06/21/17 03:13:07 PM
#37928   ? j45 06/21/17 02:51:53 PM
#37926   i know what you meant, and agree! j45 06/21/17 02:49:55 PM
#37925   Good volume today. We keep this up and Enixenigma 06/21/17 02:42:07 PM
#37924   Another 100k picked up between .021 and .0215. Simonizer 06/21/17 02:40:15 PM
#37923   HUGE BUYS TODAY and an INSTITUTION BUYING? TheSerb 06/21/17 02:31:38 PM
#37922   500,000 k on bid at .02 Simonizer 06/21/17 02:14:21 PM
#37921   Actually, I'm really hoping it's not. Sure, we Enixenigma 06/21/17 02:14:19 PM
#37920   I couldn't agree more, if one institution has Davis_Elite 06/21/17 02:11:09 PM
#37919   Someone just took the ask at .02 to Simonizer 06/21/17 02:01:56 PM
#37918   Awesome! The first of many, I'd think. Enixenigma 06/21/17 01:29:52 PM
#37917   Hey guys did you know PGUS has a Davis_Elite 06/21/17 01:23:09 PM
#37916   Nice! Good times to come soon! Enixenigma 06/21/17 01:13:45 PM
#37915   Agreed. Just to be clear, my comment was Enixenigma 06/21/17 01:11:29 PM
#37914   "Better class of investor" is only a matter j45 06/21/17 01:06:05 PM