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ProGreen US Inc. (PGUS)

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Last Post: 5/24/2017 7:18:48 PM - Followers: 257 - Board type: Free - Posts Today: 34



   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


    ProGreen Properties Inc. changes Name to ProGreen US, Inc.

"We are changing our name to better reflect the expansion of the company's business activities going forward, investment in agriculture land in Baja California, further planning for residential and commercial real estate developments in the area, with integration of advanced solar technology. Our newly formed subsidiary, ProCon Baja JV, based in Ensenada, Mexico, is expected to contribute importantly to the future growth of the company", says Jan Telander, CEO.




ProGreen's mission has been focused on building value by improving on conventional landscapes. We always aim to do what's environmentally friendly, whether it is rehabilitating older homes into more energy efficient and healthier living  spaces or turning desert landscapes into productive organic farms. Health and sustainability has always been in the forefront of our thinking. ProGreen will continue to look at projects that will improve the lives of people and have a net positive effect on our planet


"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. 

Meet the PGUS Management Team   

Michael Hylander, Company Director
Christina Lombera, Principal Broker
Kristen Gard, Office Manager  

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.

Click links for detailed info concerning PGUS subsidiary procon Baja, which includes an organizational chart and Biography of management team:

                                         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






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Current Price
Bid Ask Day's Range
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
PGUS News: Amended Current Report Filing (8-k/a) 05/18/2017 09:58:40 AM
PGUS News: ProGreen Completes Funding For First Agriculture Operations In Baja California 05/18/2017 08:25:15 AM
PGUS News: Current Report Filing (8-k) 05/17/2017 04:47:06 PM
#37258  Sticky Note PGUS DD posts dating back to summer 2016 MoneyForNuthin 05/19/17 10:29:02 AM
#36029  Sticky Note PGUS Business Brief April 13, 2017 MoneyForNuthin 04/13/17 10:29:04 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
#37373   I agree. Looking forward to seeing the new allenc 05/24/17 07:18:47 PM
#37372   I've been in PGUS since .0037. The PPS bill1228 05/24/17 06:28:36 PM
#37371   Hmm things not looking good regarding PPS. Revorising 05/24/17 05:00:08 PM
#37370   Glad to see someone else is catching on Davis_Elite 05/24/17 03:20:32 PM
#37369   I guess waiting 2 months is too long noodle 05/24/17 03:18:05 PM
#37368   Folks feeling extremely generous or a bad case allenc 05/24/17 03:16:54 PM
#37367   It sure feels like we should be close, 24d 05/24/17 03:14:05 PM
#37366   They just gave me 115k at .02..Getting close CUSTOMROADSIDER 05/24/17 03:04:18 PM
#37365   Honestly, I have never in 20 years of noodle 05/24/17 02:56:52 PM
#37364   Maybe. I'm running out of logical ideas as EasyMoney1234 05/24/17 02:54:10 PM
#37363   PLEASE IF you decide to buy, at least noodle 05/24/17 02:37:44 PM
#37362   Thanks. I agree, it's time! EasyMoney1234 05/24/17 02:35:51 PM
#37361   I managed to snag another 10k @ .0200 hiroyue 05/24/17 02:32:10 PM
#37359   Nice buy. I took that run up 24d 05/24/17 02:23:49 PM
#37358   It's hard for ligetimate companies to have short hiroyue 05/24/17 02:22:34 PM
#37357   I see that. Got filled at .0201 though. EasyMoney1234 05/24/17 02:19:22 PM
#37356   It looked like the .02 seller was running 24d 05/24/17 02:15:19 PM
#37355   You might be right. Seems like a jasonak 05/24/17 01:53:14 PM
#37354   That's where the entrepreneurial vision of the investors KrystalBallz 05/24/17 01:23:30 PM
#37353   The government also recently made it even easier RtRock084 05/24/17 10:56:31 AM
#37352   But yeah, if he was referring to the RtRock084 05/24/17 10:47:27 AM
#37351   From what I understand, putting a decent road KrystalBallz 05/24/17 10:09:43 AM
#37350   Are you using US-based costs? Or Mexican? KrystalBallz 05/24/17 10:07:19 AM
#37349   It also mentions power as one of the RtRock084 05/24/17 10:06:46 AM
#37348   Problem with his assessment is, it only mentions osbuser 05/24/17 09:50:34 AM
#37347   This is not even close to being right. RtRock084 05/24/17 09:41:58 AM
#37346   PGUS Valuation & Oceanfront Land Development Davis_Elite 05/24/17 08:14:22 AM
#37345   Every investor has their own measures and values uksausage 05/24/17 08:04:38 AM
#37344   A crapshoot that already has repeatable and expanding MLR_Lite 05/24/17 07:45:11 AM
#37343   Good post Vance 05/24/17 05:39:19 AM
#37342   noodle Member Level Monday, 04/10/17 01:19:10 AM noodle 05/24/17 05:30:10 AM
#37341   noodle Member Level Wednesday, 05/03/17 07:26:07 AM noodle 05/24/17 05:20:51 AM
#37340   There is no way a long could be noodle 05/24/17 05:16:56 AM
#37338   The "DD bomb" were "facts" that were already jasonak 05/23/17 11:42:14 PM
#37334   Hope some of these posts help with DD Davis_Elite 05/23/17 10:53:16 PM
#37333   PGUS A Sticky DD posts dating back to Davis_Elite 05/23/17 10:51:11 PM
#37332   Thank you for posting. I think we have EasyMoney1234 05/23/17 10:49:38 PM
#37331   ProGreen US, Inc. Davis_Elite 05/23/17 10:45:48 PM
#37330   Contel Enters Multi-Billion Dollar US Produce Market Davis_Elite 05/23/17 10:41:51 PM
#37329   ANOTHER ONE Davis_Elite 05/23/17 10:39:29 PM
#37328   Some money up front that will be recouped EasyMoney1234 05/23/17 10:34:04 PM
#37327   Here is a great post from awhile back Davis_Elite 05/23/17 10:30:54 PM
#37326   Good luck getting cheap shares it has become Davis_Elite 05/23/17 10:26:42 PM
#37325   My claims are legit. I am always looking jasonak 05/23/17 10:25:57 PM
#37324   There's alot... INSTATRADER 05/23/17 10:25:43 PM
#37321   I love the individuals claiming to hold a Jimmy Quick 05/23/17 10:14:36 PM
#37320   At this point, we are owning a small jasonak 05/23/17 10:09:14 PM
#37319   Please show us those table napkin numbers. INSTATRADER 05/23/17 10:06:23 PM
#37318   Just using table-napkin math to figure some basic jasonak 05/23/17 10:00:02 PM
#37317   I'm not insinuating that there's any funny business EasyMoney1234 05/23/17 09:57:46 PM