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Couldn't agree more this spread is outrageous...
PGUS
Looks to me that the harvest started a few weeks later than they expected so now the cash is flowing and remaining notes should not be a worry....
They used the cash they had received to pay half the note when they could of let it all convert. Jan is a man of integrity and based on the fact that he came out and let shareholders know I'm confident now more than ever....
However, with the harvest of our chili peppers started in effect only two weeks ago, the cash flow from the harvest is coming slightly later than first anticipated.
PGUS
I agree Jan's integrity is top notch..
PGUS
Grab them while there cheap
PGUS
Anybody think there is any ocean front lots left in the second offer?
Quick Cielo Mar update! Lot reservation offer showing strong interest for all categories. Of Ocean Front already 3 of the 5 offered taken.
PGUS
Jan is the Man...
Bigger things coming......
PGUS
ONCI
ON4 COMMUNICATIONS LANDS MEETING WITH ENTERPRISE RENT A CAR
New York, New York--(Marketwired AUG 17 2017 On4 Communications, Inc. (OTC Pink: (OTC :ONCI) today announced it has landed a meeting with Enterprise rent a car for not only its FMS Safe Driving App but also for its Mobile Tracking Device which will be available for sale on Tuesday September 5. This meeting will take place at Enterprise HQ in St Louis Missouri on Wednesday September 6 2017.
CEO Steve Berman states Enterprise represents an entirely new market for us which is the Billion dollar rent a car business"
In addition we have signed a deal with a large luxury dealer group in Texas including such brands as Mercedes, BMW, Lexus, Audi, Lincoln, Cadillac, Porsche and Infiniti.
"This is our first signed deal in Texas and we look forward to many more."
"Each dealership will take 25 units per month at $200 per unit for a grand total of $40,000 per month and $480,000 per year. These units will be delivered by September 13 2017."
We look forward to producing updates on the big name auto maker as previously mentioned CEO Steve Berman concludes
ON4 COMMUNICATIONS LANDS MEETING WITH ENTERPRISE RENT A CAR
New York, New York--(Marketwired AUG 17 2017 On4 Communications, Inc. (OTC Pink: (OTC :ONCI) today announced it has landed a meeting with Enterprise rent a car for not only its FMS Safe Driving App but also for its Mobile Tracking Device which will be available for sale on Tuesday September 5. This meeting will take place at Enterprise HQ in St Louis Missouri on Wednesday September 6 2017.
CEO Steve Berman states Enterprise represents an entirely new market for us which is the Billion dollar rent a car business"
In addition we have signed a deal with a large luxury dealer group in Texas including such brands as Mercedes, BMW, Lexus, Audi, Lincoln, Cadillac, Porsche and Infiniti.
"This is our first signed deal in Texas and we look forward to many more."
"Each dealership will take 25 units per month at $200 per unit for a grand total of $40,000 per month and $480,000 per year. These units will be delivered by September 13 2017."
We look forward to producing updates on the big name auto maker as previously mentioned CEO Steve Berman concludes
Looks like Jan only follows Elon Musk on twitter the other one is our old twitter handle...
Things could be even bigger than we ever dreamed in Cielo Mar...
PGUS
PGUS tweet out yesterday
Quick Cielo Mar update! Lot reservation offer showing strong interest for all categories. Of Ocean Front already 3 of the 5 offered taken.
HUGE Progress JAN is the MAN
Yesterdays Tweet Also
Quick Cielo Mar update! Lot reservation offer showing strong interest for all categories. Of Ocean Front already 3 of the 5 offered taken.
PGUS
PGUS HUGE NEWS TODAY
News out WOW
ProGreenUS comments on interview regarding investment projects in Baja, California
SAN DIEGO, CA--(Marketwired - Aug 17, 2017) - ProGreen US, Inc. (ProGreen) (OTCQB: PGUS), www.ProGreenUS.com, Twitter @ProGreenUS, is a US company engaged primarily with investments in agricultural and real estate projects in Baja California, Mexico, both through its joint venture partnership with Inmobiliaria Contel S.R.L.C.V. (Contel) and through its majority-owned Mexican subsidiary Procon Baja JV (Procon), www.CieloMarBaja.com.
ProGreen today provided the following comments pertaining to the interview of its President and CEO, Jan Telander, on August 8, 2017, by host Everett Jolly of the Uptick Network (listen at http://upticknewswire.com/featured-interview-ceo-jan-telander-of-progreen-us-inc-otcqb-pgus or www.ProGreenUS.com/investors).
During the interview, Mr. Telander described ProGreen as having two "legs" of business in Baja California, the first being agriculture and the second, real estate, and noted that ProGreen recently moved its headquarters from Michigan to San Diego to be closer to the company's business activities and the newly established office in Ensenada.
(AGRICULTURE)
He explained that the farming operation in Baja California was beginning the harvest last week "at this first of many ProGreen Farmsâ„¢, called Arenoso, where we are growing chili peppers this year, and we anticipate to harvest up to 3,000 tons from now until close to the end of the year."
Telander further explained -- due to the current price of chili peppers being higher than normal, we could see a higher average price than we contracted for in January. So we're looking forward to a very good first year, and going forward, we have all the land necessary for expansion.
Additional areas of the Arenoso land are being prepared to varying degrees for the next year and, with revenues now flowing from the chili pepper harvest, possibilities are being considered for a winter crop on some of the land to follow after the chili pepper harvest. We are also considering various options for improving efficiencies to obtain much higher yield per acre, with the development of new land in combination with various methods & processes that can potentially double the produce output.
(Further detail on the agricultural operations provided in the interview, as well as the in the company's August 14th press release)
(REAL ESTATE)
Regarding the 5,000-acre Cielo Mar development on the Pacific Coast of Baja California:
"We have 4 1/2 miles of oceanfront, and we are planning to do 3 golf courses, a marina, up to 7000 single family home lots, 3000 condominiums, 3000 hotel rooms, and obviously all of the commercial and sports areas. It's going to be totally gated, and it's going to be totally green.
We are going to power the (whole development) through solar roofs -- something that's starting to become a little bit more well-known now, in America, through Tesla." Mr. Telander went further to give previously undisclosed details of one of the advanced "sustainable" technology solutions that is being planned for Cielo Mar: "Every building in the project (will be) a power station, which feeds into the grid, that goes into a battery bank, to then draw it back when you actually need it, when there's no sun out there.
This is a very unusual development in the size of this, and in an area where we don't have any planning restrictions -- because there are no other developments around there. That gives us the ability to create literally everything from zero, and do something that would be practically impossible to do anywhere else! And that really gives an edge, in the end, of creating something totally beautiful and fantastic; and unique! I think there is nothing you will find that will be equal to this -- in the very near future, at least."
+
"It is only fitting that, in this area of the world that is well-known and treasured for its natural attractions -- and offers a nearly ideal year-round climate -- we are planning the Cielo Mar development to integrate several of the world's most advanced, and most recently developed 'green' technologies," Jan Telander said today. "I believe that Cielo Mar will truly represent the advent of sustainable living!"
Websites:
www.ProGreenUS.com
www.CieloMarBaja.com
Follow us on social media:
https://www.facebook.com/ProGreenFarms/
https://www.facebook.com/cielomarbajacamx/
https://twitter.com/ProGreenUS
http://www.progreenus.com/blog
About ProGreenUS, Inc.
News out WOW
ProGreenUS comments on interview regarding investment projects in Baja, California
SAN DIEGO, CA--(Marketwired - Aug 17, 2017) - ProGreen US, Inc. (ProGreen) (OTCQB: PGUS), www.ProGreenUS.com, Twitter @ProGreenUS, is a US company engaged primarily with investments in agricultural and real estate projects in Baja California, Mexico, both through its joint venture partnership with Inmobiliaria Contel S.R.L.C.V. (Contel) and through its majority-owned Mexican subsidiary Procon Baja JV (Procon), www.CieloMarBaja.com.
ProGreen today provided the following comments pertaining to the interview of its President and CEO, Jan Telander, on August 8, 2017, by host Everett Jolly of the Uptick Network (listen at http://upticknewswire.com/featured-interview-ceo-jan-telander-of-progreen-us-inc-otcqb-pgus or www.ProGreenUS.com/investors).
During the interview, Mr. Telander described ProGreen as having two "legs" of business in Baja California, the first being agriculture and the second, real estate, and noted that ProGreen recently moved its headquarters from Michigan to San Diego to be closer to the company's business activities and the newly established office in Ensenada.
(AGRICULTURE)
He explained that the farming operation in Baja California was beginning the harvest last week "at this first of many ProGreen Farmsâ„¢, called Arenoso, where we are growing chili peppers this year, and we anticipate to harvest up to 3,000 tons from now until close to the end of the year."
Telander further explained -- due to the current price of chili peppers being higher than normal, we could see a higher average price than we contracted for in January. So we're looking forward to a very good first year, and going forward, we have all the land necessary for expansion.
Additional areas of the Arenoso land are being prepared to varying degrees for the next year and, with revenues now flowing from the chili pepper harvest, possibilities are being considered for a winter crop on some of the land to follow after the chili pepper harvest. We are also considering various options for improving efficiencies to obtain much higher yield per acre, with the development of new land in combination with various methods & processes that can potentially double the produce output.
(Further detail on the agricultural operations provided in the interview, as well as the in the company's August 14th press release)
(REAL ESTATE)
Regarding the 5,000-acre Cielo Mar development on the Pacific Coast of Baja California:
"We have 4 1/2 miles of oceanfront, and we are planning to do 3 golf courses, a marina, up to 7000 single family home lots, 3000 condominiums, 3000 hotel rooms, and obviously all of the commercial and sports areas. It's going to be totally gated, and it's going to be totally green.
We are going to power the (whole development) through solar roofs -- something that's starting to become a little bit more well-known now, in America, through Tesla." Mr. Telander went further to give previously undisclosed details of one of the advanced "sustainable" technology solutions that is being planned for Cielo Mar: "Every building in the project (will be) a power station, which feeds into the grid, that goes into a battery bank, to then draw it back when you actually need it, when there's no sun out there.
This is a very unusual development in the size of this, and in an area where we don't have any planning restrictions -- because there are no other developments around there. That gives us the ability to create literally everything from zero, and do something that would be practically impossible to do anywhere else! And that really gives an edge, in the end, of creating something totally beautiful and fantastic; and unique! I think there is nothing you will find that will be equal to this -- in the very near future, at least."
+
"It is only fitting that, in this area of the world that is well-known and treasured for its natural attractions -- and offers a nearly ideal year-round climate -- we are planning the Cielo Mar development to integrate several of the world's most advanced, and most recently developed 'green' technologies," Jan Telander said today. "I believe that Cielo Mar will truly represent the advent of sustainable living!"
Websites:
www.ProGreenUS.com
www.CieloMarBaja.com
Follow us on social media:
https://www.facebook.com/ProGreenFarms/
https://www.facebook.com/cielomarbajacamx/
https://twitter.com/ProGreenUS
http://www.progreenus.com/blog
About ProGreenUS, Inc.
The long-term sustainability of this stock is why I'm here I keep adding I make small play on other stocks just to get more of this one. Look how far we have come in such a short time share price will soon catch up....
Highlights of ProGreen's Agricultural Investment Project
2016 - JV w/Contel, with nearly 14,000 acres under control and 4,000-5,000 acres estimated farmable, depending on availability of water; ample water proven and first-pass cleared for farming on the first 300-acre tract, plus 11-mile road cleared for access to the 1900-acres.
Jan 2017 - Contel entered into the agricultural market and signed $1M+ produce sales agreement with exporter/importer to US market, having estimated net margin of 55-60%; this first grow cycle for the operation estimated to produce millions of pounds of chili peppers; profits to be split 50/50 between ProGreen and Contel, with ProGreen recovering 100% of its investment prior to profits being distributed.
Feb/Mar 2017 - first farm on the 300-acre tract dubbed "ProGreen Farmsâ„¢ Arenoso," combining the trademark name of ProGreen Farms with the local name, Arenoso, east of El Rosario on the main highway. Seeds planted at the Baja Plants nursery & preparation of the land for planting; complete irrigation system installed from pumps to pipes to drip irrigation tubing and valves, 1,000's of feet of 8-inch pipe buried and many more 1000's of feet of above-ground drip irrigation tubing laid, after 100's of truckloads of rocks removed with the virgin soil turned over 3 times.
May/June 2017 - pepper seedlings planted on the farm in stages, for a staggered harvest expected to generate first revenue from the company's Baja investments beginning July/August through November; 1.9 million seedlings planted.
July/August 2017 - Arenoso farm a showcase operation from the start, attracting much attention during land preparation and irrigation installation, and now with interested parties coming to the farm with demand for produce as well as farmland for growing; harvest started and in full swing, now; plans underway for expansion, including some new land prepared as well as methods and processes for dramatic increase in yield on parts of the land already in use - and providing longer or additional growing seasons.
And with all the revenues coming in from the AG side there is no doubt production will be ramping up I find it OUTSTANDING that we are ahead of the game and revenues are ramping up faster than planned...
The location of the Arenoso farm on the main highway has proven to be the perfect showcase for ProGreen Farmsâ„¢ from the very start. From the development work to the daily operations and now with the view of the vibrant pepper crop from the road, the farm has garnered a great deal of attention from produce buyers - who are now actually coming to the farm, regularly, requesting produce - as well as from growers and large farming operations wanting to buy the farm. Through this exposure, and in combination with the actual results, we have already achieved a new level of maturity in supply chain participation within the produce market.
More buyer higher than expected prices
Welcome to the club this will be huge without doubt...
Cielo Mar, located in the Bahia del Rosario (Bay of El Rosario) on the Pacific Coast of Baja, is being designed as a gated, resort-style international vacation and retirement community with integrated solar roofs on every home, and green, sustainable technology throughout. "The temperate climate on the west coast of Baja California closely matches that of San Diego, where it is never very hot or very cold," says Jan Telander. "With this climate and the abundance of sunshine year-round, there are few locations on earth as well-suited for all that we are planning for Cielo Mar."
Gonne be great PGUS
This is why I reserved my lot in the first offer..
3D perspective images were published on the development website last week (www.cielomarbaja.com), showing an outline of the area which will now be the first execution phase.
With this revision to a much larger, 2440-acre Phase I, the company will be offering up to a total of 500 lot reservations to be executed in several rounds prior to the public market launch.
Reservations secure priority in lot selection, as well as a substantial discount from market pricing, with the discount reduced for each subsequent offer as the time of the public market launch gets nearer and the public awareness of Cielo Mar grows.
ProGreen closed the first reservation offer in June, following an overwhelming response with 25 reservations placed within weeks. Congratulations to all who made their reservations with the first offer -- welcome aboard!
Now in talk with family members to pick up another one or two based on the 3d images all areas will have great views and for such a easy process of reserving more now I'm looking to get a couple more glad to know ill have some good neighbors.
PGUS
Churning very nice last few days quietly loading....
Gonna be great... I hope they give them away and then we run to a Dime.
Jan says 50 million for the raw land.
1+million on the first harvest....
Now looking forward to growing crops year round...
More buyers lining up to buy our produce...
Buyers wanting to buy whole farm are you kidding me...
10X these levels is still undervalued......
PGUS
Couldn't agree with you more PGUS
Excellent interview! Stock is severely undervalued PGUS
PGUS- 10K OUT
NICE BALANCE SHEET
PR TODAY SHOWING HUGE INCREASE IN REVENUES
NO DILUITON
PGUS
NO DUILUTION DONT BE FOOLED BY VNDM!!!!
CEO STATES
NO DUILUTION DONT BE FOOLED BY VNDM!!!!
CEO STATES
YEAH that's huge news more buyers more revenues.. Jan is one hell of CEO!!! PGUS LONG
This should be blowing up NOW.. currently 10 times undervalued, with 12k plus acres under our control for farming and a minimum 35 million evaluation on CIELO MAR. Its insane to be this low...
PGUS- NEWS
ProGreenUS-Contel Showcases Successful Farming Operation at ProGreen Farms(TM) Arenoso, With First Harvest Underway
SAN DIEGO, CA--(Marketwired - Aug 14, 2017) - ProGreenUS, Inc. (ProGreen) (OTCQB: PGUS), www.ProGreenUS.com, Twitter @ProGreenUS, is a US company engaged primarily with investments in agricultural and real estate projects in Baja California, Mexico, both through its joint venture partnership with Inmobiliaria Contel S.R.L.C.V. (Contel) and through its majority-owned Mexican subsidiary Procon Baja JV (Procon), www.CieloMarBaja.com.
ProGreen is pleased to announce that its agricultural investment in Baja California has begun to bear fruit, with the first harvest of chili peppers at ProGreen Farmsâ„¢ Arenoso now in full swing.
The beginning of the harvest represents two major milestones. Not only have we successfully developed the land and infrastructure for our first produce farm, Arenoso; with the harvest now underway, we have demonstrated the successful development of a complete, functional farming operation.
The location of the Arenoso farm on the main highway has proven to be the perfect showcase for ProGreen Farmsâ„¢ from the very start. From the development work to the daily operations and now with the view of the vibrant pepper crop from the road, the farm has garnered a great deal of attention from produce buyers - who are now actually coming to the farm, regularly, requesting produce - as well as from growers and large farming operations wanting to buy the farm. Through this exposure, and in combination with the actual results, we have already achieved a new level of maturity in supply chain participation within the produce market.
"Contel has reached another important milestone, having proven the operation's capabilities, and now with the ability to be more selective in what the operation will produce and for which buyers," said Jan Telander, President & CEO of ProGreen. "This is obviously a very good confirmation of the value we have here, and of the opportunities that we have ahead with the thousands of acres of land within our control through our strategic partnership with Contel.
"Contel has negotiated a supplement to the earlier agreement with the buyer, Agricola Consuelo, originally valued at $1.M+, in order to take advantage of the current, higher market price for the peppers. As a result, some of the crop will be going to other buyers, one being a large wholesaler with both exports to the US as well as with large distribution within Mexico."
Additional areas of the Arenoso land are being prepared to varying degrees for the next year and, with revenues now flowing from the chili pepper harvest, possibilities are being considered for a winter crop on some of the land to follow after the chili pepper harvest.
"We are now also considering various options for improving efficiencies in the Arenoso operation, such that goals for growth in terms of revenue and profit may be achieved with the development of new land in combination with various methods & processes that can potentially double the produce yield, or more, and extend the growing season for a given crop," said Telander. "This would shift some of the investment required for developing new land, into improved methods and processes for the existing operation, and represents yet another significant milestone for the company's agricultural operations as we have already reached this new level of maturity in farming expertise."
Highlights of ProGreen's Agricultural Investment Project
2016 - JV w/Contel, with nearly 14,000 acres under control and 4,000-5,000 acres estimated farmable, depending on availability of water; ample water proven and first-pass cleared for farming on the first 300-acre tract, plus 11-mile road cleared for access to the 1900-acres.
Jan 2017 - Contel entered into the agricultural market and signed $1M+ produce sales agreement with exporter/importer to US market, having estimated net margin of 55-60%; this first grow cycle for the operation estimated to produce millions of pounds of chili peppers; profits to be split 50/50 between ProGreen and Contel, with ProGreen recovering 100% of its investment prior to profits being distributed.
Feb/Mar 2017 - first farm on the 300-acre tract dubbed "ProGreen Farmsâ„¢ Arenoso," combining the trademark name of ProGreen Farms with the local name, Arenoso, east of El Rosario on the main highway. Seeds planted at the Baja Plants nursery & preparation of the land for planting; complete irrigation system installed from pumps to pipes to drip irrigation tubing and valves, 1,000's of feet of 8-inch pipe buried and many more 1000's of feet of above-ground drip irrigation tubing laid, after 100's of truckloads of rocks removed with the virgin soil turned over 3 times.
May/June 2017 - pepper seedlings planted on the farm in stages, for a staggered harvest expected to generate first revenue from the company's Baja investments beginning July/August through November; 1.9 million seedlings planted.
July/August 2017 - Arenoso farm a showcase operation from the start, attracting much attention during land preparation and irrigation installation, and now with interested parties coming to the farm with demand for produce as well as farmland for growing; harvest started and in full swing, now; plans underway for expansion, including some new land prepared as well as methods and processes for dramatic increase in yield on parts of the land already in use - and providing longer or additional growing seasons.
Websites:
www.ProGreenUS.com
www.CieloMarBaja.com
Follow us on social media:
https://www.facebook.com/ProGreenFarms/
https://www.facebook.com/cielomarbajacamx/
https://twitter.com/ProGreenUS
http://www.progreenus.com/blog
About ProGreenUS, Inc.
ProGreenUS, Inc., www.ProGreenUS.com, based in San Diego, California, is engaged primarily with investments in agricultural and real estate projects in Baja California, Mexico, both through its joint venture partnership with Inmobiliaria Contel S.R.L.C.V. (Contel) as well as through its majority-owned Mexican subsidiary Procon Baja JV (Procon). Contel is now active in the high margin produce industry, growing crops for exporters to the US market, with an abundance of land available for expansion under our JV partnership. Procon has recently acquired 5,000 acres of land with 4.5 miles of oceanfront on the Bay of El Rosario, for which a master plan is being drawn for the development of a very large, totally green, international vacation and retirement community called "Cielo Mar."
Independent Stock Message Forum:
This press release might contain information, which may constitute 'forward-looking statements' within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. 'Forward-looking statements' are based upon expectations, estimates and projections at the time the statements are made that involve a number of risks, uncertainties and other factors that could cause actual results or events to differ materially from those anticipated.
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=3162621
ProGreenUS, Inc.
Jan Telander
President and CEO
Jan@ProGreenUS.com
Phone: 1 (248) 805-3652
www.ProGreenUS.com
PGUS Great news!! Looks like more than expected in revenues... they are flowing in.
Possible Winter crops to increase revenues
More buyers with more demand for our produce
THIS IS HUGE WAY TO GO JAN!!!
ProGreenUS-Contel Showcases Successful Farming Operation at ProGreen Farms(TM) Arenoso, With First Harvest Underway
SAN DIEGO, CA--(Marketwired - Aug 14, 2017) - ProGreenUS, Inc. (ProGreen) (OTCQB: PGUS), www.ProGreenUS.com, Twitter @ProGreenUS, is a US company engaged primarily with investments in agricultural and real estate projects in Baja California, Mexico, both through its joint venture partnership with Inmobiliaria Contel S.R.L.C.V. (Contel) and through its majority-owned Mexican subsidiary Procon Baja JV (Procon), www.CieloMarBaja.com.
ProGreen is pleased to announce that its agricultural investment in Baja California has begun to bear fruit, with the first harvest of chili peppers at ProGreen Farmsâ„¢ Arenoso now in full swing.
The beginning of the harvest represents two major milestones. Not only have we successfully developed the land and infrastructure for our first produce farm, Arenoso; with the harvest now underway, we have demonstrated the successful development of a complete, functional farming operation.
The location of the Arenoso farm on the main highway has proven to be the perfect showcase for ProGreen Farmsâ„¢ from the very start. From the development work to the daily operations and now with the view of the vibrant pepper crop from the road, the farm has garnered a great deal of attention from produce buyers - who are now actually coming to the farm, regularly, requesting produce - as well as from growers and large farming operations wanting to buy the farm. Through this exposure, and in combination with the actual results, we have already achieved a new level of maturity in supply chain participation within the produce market.
"Contel has reached another important milestone, having proven the operation's capabilities, and now with the ability to be more selective in what the operation will produce and for which buyers," said Jan Telander, President & CEO of ProGreen. "This is obviously a very good confirmation of the value we have here, and of the opportunities that we have ahead with the thousands of acres of land within our control through our strategic partnership with Contel.
"Contel has negotiated a supplement to the earlier agreement with the buyer, Agricola Consuelo, originally valued at $1.M+, in order to take advantage of the current, higher market price for the peppers. As a result, some of the crop will be going to other buyers, one being a large wholesaler with both exports to the US as well as with large distribution within Mexico."
Additional areas of the Arenoso land are being prepared to varying degrees for the next year and, with revenues now flowing from the chili pepper harvest, possibilities are being considered for a winter crop on some of the land to follow after the chili pepper harvest.
"We are now also considering various options for improving efficiencies in the Arenoso operation, such that goals for growth in terms of revenue and profit may be achieved with the development of new land in combination with various methods & processes that can potentially double the produce yield, or more, and extend the growing season for a given crop," said Telander. "This would shift some of the investment required for developing new land, into improved methods and processes for the existing operation, and represents yet another significant milestone for the company's agricultural operations as we have already reached this new level of maturity in farming expertise."
Highlights of ProGreen's Agricultural Investment Project
2016 - JV w/Contel, with nearly 14,000 acres under control and 4,000-5,000 acres estimated farmable, depending on availability of water; ample water proven and first-pass cleared for farming on the first 300-acre tract, plus 11-mile road cleared for access to the 1900-acres.
Jan 2017 - Contel entered into the agricultural market and signed $1M+ produce sales agreement with exporter/importer to US market, having estimated net margin of 55-60%; this first grow cycle for the operation estimated to produce millions of pounds of chili peppers; profits to be split 50/50 between ProGreen and Contel, with ProGreen recovering 100% of its investment prior to profits being distributed.
Feb/Mar 2017 - first farm on the 300-acre tract dubbed "ProGreen Farmsâ„¢ Arenoso," combining the trademark name of ProGreen Farms with the local name, Arenoso, east of El Rosario on the main highway. Seeds planted at the Baja Plants nursery & preparation of the land for planting; complete irrigation system installed from pumps to pipes to drip irrigation tubing and valves, 1,000's of feet of 8-inch pipe buried and many more 1000's of feet of above-ground drip irrigation tubing laid, after 100's of truckloads of rocks removed with the virgin soil turned over 3 times.
May/June 2017 - pepper seedlings planted on the farm in stages, for a staggered harvest expected to generate first revenue from the company's Baja investments beginning July/August through November; 1.9 million seedlings planted.
July/August 2017 - Arenoso farm a showcase operation from the start, attracting much attention during land preparation and irrigation installation, and now with interested parties coming to the farm with demand for produce as well as farmland for growing; harvest started and in full swing, now; plans underway for expansion, including some new land prepared as well as methods and processes for dramatic increase in yield on parts of the land already in use - and providing longer or additional growing seasons.
Websites:
www.ProGreenUS.com
www.CieloMarBaja.com
Follow us on social media:
https://www.facebook.com/ProGreenFarms/
https://www.facebook.com/cielomarbajacamx/
https://twitter.com/ProGreenUS
http://www.progreenus.com/blog
About ProGreenUS, Inc.
ProGreenUS, Inc., www.ProGreenUS.com, based in San Diego, California, is engaged primarily with investments in agricultural and real estate projects in Baja California, Mexico, both through its joint venture partnership with Inmobiliaria Contel S.R.L.C.V. (Contel) as well as through its majority-owned Mexican subsidiary Procon Baja JV (Procon). Contel is now active in the high margin produce industry, growing crops for exporters to the US market, with an abundance of land available for expansion under our JV partnership. Procon has recently acquired 5,000 acres of land with 4.5 miles of oceanfront on the Bay of El Rosario, for which a master plan is being drawn for the development of a very large, totally green, international vacation and retirement community called "Cielo Mar."
Independent Stock Message Forum:
This press release might contain information, which may constitute 'forward-looking statements' within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. 'Forward-looking statements' are based upon expectations, estimates and projections at the time the statements are made that involve a number of risks, uncertainties and other factors that could cause actual results or events to differ materially from those anticipated.
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=3162621
ProGreenUS, Inc.
Jan Telander
President and CEO
Jan@ProGreenUS.com
Phone: 1 (248) 805-3652
www.ProGreenUS.com
PGUS Great news!! Looks like more than expected in revenues... they are flowing in.
Possible Winter crops to increase revenues
More buyers with more demand for our produce
THIS IS HUGE WAY TO GO JAN!!!
If you commit to build early there is a 20% early construction discount
144k roughly for a OCEANFRONT
240k minus 40% equal 144k
PGUS JAN DELIVERS
Looking forward to a great week here....
Big things coming
PGUS
Reservations secure for the holder a priority for choice of lots, as well as a 40% discount to the prices that will be listed at the time of the public market launch, once the Master and Parcellation Plan has been published.
https://www.otcmarkets.com/stock/PGUS/news/ProGreen-Scales-Up-Phase-I-Plans-for-Cielo-Mar-Development?id=166630&b=y
The second reservation offer -- opened just last week -- is limited to 50 lots (5 Oceanfront, 10 Golf, and 35 General lots), with a discount of 40% from the market price at the time the Phase I execution plan is published. Market prices at that time are expected to be in the range of $60,000 for some of the more economic General lots, $120,000 for Golf lots, to $240,000 for first-line Oceanfront lots, but will vary with the features of individual lots (e.g. size, location, proximity to amenities, etc.).
Reservations require a refundable deposit of $1,000 to $2,000, depending on the type of lot, and can be made on the development's website at www.cielomarbaja.com.
Gonna be great here. Jan has the plan and he is following through on every aspect.
Many will chase this when they see what it has to offer.
PGUS Generational Wealth
PGUS
NICE CLOSE. PENDING NEWS HUGE REVENUES UPCOMING CIELO MAR SECOND OFFER RESERVATION BEING BOUGHT UP!!!!
THE FUTURE IS GREEN $$$$$$
Nice close jan is always delivering...
PGUS THE FUTURE IS GREEN $$$$$$
Contel controls over 12 thousand acres for AG if a 100 acres bring us 1.1million dollars the possibility of 12000 plus acres the possibly of what 12000 plus acres could bring us is ENDLESS!!!!
PGUS MONSTER IN THE MAKING