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GROG is a runner when they start booking revenues from their organic farming input. Seems their field tests show big yield increases for the farmers--upwards of 30% increase on some crops.
IMO, when news starts to be released on sales, $0.50 is a probable near term price from the current .16.
Gltu
First thing I would do is look at yield increases for aguraburst pro. Then think of the implications to a non organic farmer. Why are they not farming organically? Lower yields. What if you could make money while transitioning to a organic farm? Would they do it?? What if your yield and cost basis was equal, would you farm organically? The potential here is huge. Things are about ready to ramp up. Risk? Yup it's just getting started.
Spoke with Grog management. I was interested if they had penetrated the cannabis market. It sounds to me like they have been approached, several entities have run limited field tests, the results caused interest in the product. This will be a huge market for GROG imo. Glta
GROG
Once they start reporting revenue, these prices will be laughable. Incredible product, lean company. Just need news.
Price/volume movment
My guess is we are seeing some sort of order/sales happening. Or it could be an individual that ran some side by side in his turf or crops. Either way this did not happen on no new .Imo won't take much to see a large sp increase.
GROG Company running real lean, Just a few contracts and they will be cash flow positive. The market for aguraburst pro could be huge. We shall see. GROG
Hopeful indicators.
otcbb.swingtradebot.com/equities/GROG:OTC
The only other thought I have is someone who believes in the product/company, waits until enough shares are available to buy under .20 and grabs them in larger lots rather than buying slowly at .16 or so.
But I would agree with you on the more probable reason. We will find out next week. We are due.
Hard to believe we won't see some follow through after today. But every time I have thought it, and predicted news and more vol,I have been dead wrong. So this time, we shall see. Maybe we go quite again??
Be interesting to see how many distributors they use.
Nice action today. Someone buying lots of 40-50k every few weeks.
Somebody is confident.
Gltu
I think a USA larger market launch is still aways off. They will need more larger studies to start to get a foot hold here in US. Overseas though, imo is where we should see some action. One thing forsure is they are not pumping and selling shares lol, unless they are selling shares to buy a coffee or two once week,lol. Imo they are honest, very hard working people with a vision and a plan. Once things are rolling, we will all wish we believed. Sure longer wait than I expected.
Have a feeling that a lot is going on behind the scenes. FB is pretty active. Expect and hope to see some orders out of Florida for turf. The usa organic food production market imo will take a while to get a foot hold in, as farmers will either
Want to see testing on large scale in the US or run it themselves. Both Will take time. Now the SE Asian/south central American market could do really well. Gotta think these farmers who have already run test are ordering the product. Imo we are one large order away from a larger confirmation of product effectiveness. Data and orders will build on each other. Just not easy being patient.
Would love to see some of those acres that General Mills is converting to organic in (SD), use our product. But most likely that is still a ways off. Imo General Mills will require there own test results before use. We shall see
A little vol today. Someone wanted in. Imo
Be interesting to see if it is followed by news in the next few business days.
We shall see
Were you able to snag any today. What a steal for someone today. Imo
As far as timing goes, they just received organic certification. I am confident with stated % yield increases, recent organic certificatation, orders and profitability will come. Waiting to buy until then is a reasonible strategy.
Grogenisis is out sourcing and no need of a ware house or own equipment. There partner is UAS. Press release from Aug 9th 2016. If you read the CEO interview you will see, they need little money in the bank to complete an order.
I like the approach they are taking. I hope they stay lean and focused. Presently they need only a few decent orders to be profitable.
"CEOCFO: You mentioned that you reduced your burn rate. How do you minimize your operational costs given your global focus?
Mr. Kamolvathin: Our business model is designed to run lean, and we intend to keep it that way as we move forward. We contract with an experienced organic blender to produce AgraBurstPRO under our specifications and provide warehousing and logistical support. We do not have a retail sales force nor an institutional sales force. Our business is based on developing wholesalers, master distributors and distributors and then incentivizing them with a reasonable profit margin. We provide technical support and marketing support to these distributors, but we are structured to minimize the necessary overhead and shorten the path to profitability. We talk a lot about our mission of helping farmers, but it is always with an eye to enhancing shareholder value at the same time. We can only change the face of agriculture by becoming profitable and maintaining a position of long term viability."
Average daily volume is a few hundred dollars. Hope big things are happening outside of the investment community.
Maybe the labeling was a huge hurdle and now things are really moving. Where I sit though, things are still very very quite, to quite.
Gltu, hope you get filled. I have been nibbling for a couple of weeks, and done with this round of buying. Really hope this opportunity to buy in here is about done. I need no more shares. Just waiting for orders now. They certainly are not pumping this symbol. I think they are honest, hard working, people with a pretty spectacular product. Just wondering why orders are taking so long? Maybe organic labeling was the issue. Maybe production/blending, name recognition? Or maybe I need to be more patient.lol
Can't wait, they have been very quiet as far sales go. I am ready and expecting a long term up trend as sales numbers build.
I would guess we have to be close to more sales.
Organic farmers may no longer have to sacrifice yield to get higher prices for their product with agropro, they will get the higher prices and increase yield. At some point this product will cause quite a shift.
With a product of 10-40% yield increase. Have to think that when management first saw some of the high 20s - 40% yields from the field test,they were blown away. Then, the fact that not one potential distributor who has field tested it has not wanted to sell it,speaks volume. Now USDA organic certification. All the chips are falling into place. The current stock price will be seen as a gift, in the coming months. All in my opinion.
We should definitely have orders by then. As far as the stock goes looks like we are heading back to light volume. For the impatient, frustrating, for those wanting to buy few more, opportunity. You all know which camp I am in. Lol
Company has come a long long way. Still needs to produce more product, established more active distributors,and book n ship in a much larger size than last quarter. Do I think they will do it? Yes that's why I have accumulated a big chunk of shares. CT
This huge step forward by grog is going to open a lot of doors and bring in more cash than most people think.
Great buy. I would not have guessed that the stock would trade at .15.
Maybe someone heard news was on the way andi was expecting some orders. Then when it was a certification, they sold. The future just got brighter today. The stock price, not so much. But good for you.lol
SIOUX FALLS, SD - (NewMediaWire) - January 24, 2018 - GroGenesis, Inc. (OTCQB:GROG) (the "Company"), a global sustainable pioneer in agriculture technology and sustainable agriculture, announced today that the Washington State Department of Agriculture (WSDA) Organic Program has determined that the Company's flagship product, AgraBurstPRO™, complies with Chapter 16-160 WAC and USDA organic regulations. The WSDA Organic Program is accredited as a certification agent by the United States Department of Agriculture (USDA). As a certification agent of the USDA National Organic Program, the WSDA Organic Program inspects, certifies and monitors organic operations and verifies that all requirements of USDA organic standards are met. AgraBurstPRO™ is now included on the WSDA website and is classified as a Crop Production Aid input and, as such, is approved for use in certified organic crop production. AgraBurstPRO™ is listed under WSDA #2963.
Certified organic producers, handlers, and processors must use substances which comply with USDA organic regulations. Manufacturers, like GroGenesis, register their materials with organic programs to provide agritech solutions to organic growers. The WSDA Organic Program evaluates products for use in organic production, processing and handling under the National Organic Program (NOP) to ensure compliance. The NOP ensures the integrity of the organic label by regulating all products certified to USDA organic standards. In order to sell, label, or represent their products as organic, operators must follow all of the specifications set out by the USDA organic regulations.
Mr. Sam Schaefer-Joel, Input Material Coordinator for WSDA, said, "The WSDA Organic Program performs a detailed review of each applying product to ensure that the product and all ingredients meet the USDA Organic Regulations."
Mr. Richard Kamolvathin, CEO and Chief Science Officer GroGenesis, stated, “We have all worked very hard with WSDA and our exclusive blender, UAS of America, to achieve this milestone. We thank our shareholders for their patience and support. The approval of AgraBurstPRO™ by the WSDA Organic Program provides GroGenesis with the appropriate compliance to gain market share with existing organic farmers, as well as attract conventional farmers seeking to supply the demand for premium non-GMO and organic crops.”
“WSDA is the premium standard for organic inputs and organic food processing. GroGenesis is proud to have WSDA validate that AgraBurstPRO™ meets the rigorous requirements necessary to be approved under the WSDA Organic Program. With the approval of AgraBurstPRO™, by WSDA, multiple opportunities such as private label, retail, and other products that include AgraBurstPRO™ as an ingredient become more realistic."
Mr. Kamolvathin concluded, “GroGenesis’ mission is to reduce the amount of chemical inputs used to produce food and become a leader in assisting farmers’ transition to non-GMO and organic food production. With proven crop protocols field tested by our distributors in a number of countries and climates, GroGenesis has established the foundation for becoming a rapidly growing agricultural enterprise to address the global demand of organic farming practices. Significantly for 2018, we look forward to providing the highest quality organic product to the hyper growth sector of non-GMO and organic food production.”
About Washington State Department of Agriculture Organic Program
The WSDA Organic Program, a USDA-accredited certifier, upholds the integrity of the organic label through certification and inspection of organic crop and livestock producers, processors, handlers and retailers. The highly regarded WSDA Organic Program has become a respected certifying agent of the USDA known for establishing rigorous criteria for classifying materials used in certified organic crop production. WSDA Website: https://agr.wa.gov
About AgraBurstPRO™
AgraBurstPRO™ is a revolutionary, proprietary, organic, non-GMO, broad spectrum nano-surfactant agriculture input which enhances the ability of the plant to more efficiently access 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. 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 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.
Appears this is a national certificate
From WSDA web site
WSDA Organic Program
WSDA Organic Program is accredited as a certification agent by USDA. As a certification agent of the National Organic Program, WSDA Organic Program's role is to inspect and certify organic operations; verifying that they are meeting all of the requirements of USDA organic standards.
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Nice volume today. Hope someone knows something. According to their update, this will be a very active and news filled quarter. We shall see
Well maybe that person wanting the 50K shares got them today at .18??? Who knows? Keep hoping for follow up volume on days where we have a little trading vol. Gltu
Yup, I check there facebook very frequently. Very informative. Just anxious for some news worthy prs. Just need to be more patient, I am confident they are working very hard to be successful. I am not worried about being scammed here, just impatient.
Nothing but crickets from the company. But at least our crickets are non GMO, organic and are 10-40% percent bigger than the non treated crickets. Lol
Corporate updates and shareholders updates look full of promise. But the lack of news is frustrating. Several months since we have seen much news worthy activity. Hope that changes and the companies potential becomes reality.
We shall see
I bet if and when we get some orders with numbers the price moves up rapidly in to .30s with little resistance.
The company tends to release news in clusters.
Yes but moving in the correct direction on several fronts. We need some sizeable orders to make the balance sheet better. I believe we have a great product. I believe the market is huge. We shall see.
Thinking about buying a few shares. Already very loaded though. If I wait and buy them with everyone else I will be buying above .30 cents minimum. Once confirmed we have a product moving out the door in volume .30 will be steal.
I am hopeful, I will jump on the band wagon as quickly as anyone,but it sure is dead right now. I think today's trade was the first trade for 2018.lol
Well, I thought we would see activity this week. Many companies kinda hold news over the holidays as investors are not watching. I guessed that would have been true here. But no news this week. I was wrong. Positive is whoever was selling end of last year is done. Hope for some substantial PRs
Well, here we are 2018, q due in a couple of weeks. I am not a big fan of the extended periods of silence. But also would not appreciate fluff PRs. Hopeful we will be hearing more frequently from Grog in 2018 which will be accompanied by constantly higher volume. We shall see.