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THATS JUST THE AG SIDE MINIMUM 35 MILLION EVALUTATION ON THE REAL ESTATE SIDE
PGUS-
NO DILUTION
CEO OWNS OVER 24 MILLION SHARES BOUGHT ON THE OPEN MARKET
HUGE REVENUES COMING....
NEWS NEXT WEEK!!!!
GLAD TO BE A LONG
NO DULITON HERE
CEO OWNS OVER 24 MILLION SHARES BOUGHT ON THE OPEN MARKET
I AGREE PROGREEN IS MAKING ITS MOVE, NEWS NEXT WEEK PGUS LONG
PGUS
YEAH, second offer reservations being bought!
NEWS ON PEPPER EARLY NEXT WEEK!!!
LOCK UP YOUR SHARES
PGUS LONG
POWER HOUR SHOULD BE GREAT SPREAD THE WORD... NEWS NEXT WEEK. PGUS LONG
Just hit the ask for 65k and the MM filled it below the ask at three different prices but removed shares off of the ask. This just shows how thin this stock is all the way back up... PGUS OUR TIME IS COMING !!!
PGUS easily a 35 million evaluation. currently trading at a market cap of 5.5 million so 7x undervalued....
Okay, right. So if average price
.
is around $100K, then actual revenue per lot in THIS offer is $60K after the 40% discount. Times 50 lots is $3M. For this offer. Next offer would be more $$.
If discount drops evenly and ends up 10% for the last offer, average rev/lot would be $90K for the last offer. Figure the first offer was about 50% (so $50K/lot). Take the middle, $70K x 500 lots and that gives $35 Million!!
And what about the building on the lots? Say only 10% want to build in the first year, getting 20% early construction discount?!? If average of 2,500 sqft, $100/sqft gives $250,000. After 20% discount, $200K. Sure seems conservative that only 10% would take that discount. But just using 10%, that's 50 x $200K: $10M more in revenue from building on only 10% of the reservation lots!
Shouldn't have any problem at all getting Cielo Mar launched with anything even close to these numbers. Having just 2 dozen sales to start out should open a LOT of doors for more, better financing than most OTC companies even dream of, right? Heck, with THESE numbers we might not even need any other type of financing. I'd guess that with having just 50 or more lots sold out at launch would start, it wouldn't take long with all the interest to have 50 and 100 lots being sold monthly!
PGUS
Yeah I'm glad we have a CEO like Jan that cares about is shareholders.
Weather there buying or not, he still continues to deliver. PGUS LOW FLOAT NO DUILTION CEO BUYING UP SHARES.. and delivering on continues business development.
I understand that its time for the longs to stand up from ProGreen like Jan stands up for his share holders PGUS
Welcome to the MOD positions to the two newest mods. Feel free to take pride in the advantage to be able to create a post filled with DD or sticky another post with DD and add to the IBOX for new investors to see. After all that's one way to help grow your investment. PGUS
PGUS IS DULITION FREE!!! "The Company has not issued any conversion shares since March 31, 2016 and we remain steadfast in our position to pay off notes in cash, in order to avoid conversion and dilution," says Jan Telander President & CEO.
PGUS has NO DULITION. Ceo has stated many times that he is paying off notes in cash to avoid dilution. Somebody is using everything they got include routing there trades thru VNDM and stacking the ask in a pitiful attempt to get there bids dumped to.
What started this dip is Hoppel had 1.8 million incentive shares, that were given to him for previous funding that Jan as now negotiated to pay off in cash. These prices are gifts... and there probably isn't many if any left. The low volume accumulation is off the charts. PGUS
Okay, right. So if average price is around $100K, then actual revenue per lot in THIS offer is $60K after the 40% discount. Times 50 lots is $3M. For this offer. Next offer would be more $$.
If discount drops evenly and ends up 10% for the last offer, average rev/lot would be $90K for the last offer. Figure the first offer was about 50% (so $50K/lot). Take the middle, $70K x 500 lots and that gives $35 Million!!
And what about the building on the lots? Say only 10% want to build in the first year, getting 20% early construction discount?!? If average of 2,500 sqft, $100/sqft gives $250,000. After 20% discount, $200K. Sure seems conservative that only 10% would take that discount. But just using 10%, that's 50 x $200K: $10M more in revenue from building on only 10% of the reservation lots!
Shouldn't have any problem at all getting Cielo Mar launched with anything even close to these numbers. Having just 2 dozen sales to start out should open a LOT of doors for more, better financing than most OTC companies even dream of, right? Heck, with THESE numbers we might not even need any other type of financing. I'd guess that with having just 50 or more lots sold out at launch would start, it wouldn't take long with all the interest to have 50 and 100 lots being sold monthly!
PGUS
PGUS
THIS IS HUGE!!
Am I reading this right?
With prices ranging from 60-240k, with majority being in the 100k range based off of limited OCEANFRONT lots. And they have increased goals to 500 lots...
500 times 100k equals 50 MILLION!!!
PGUS THATS JUST PHASE ONE :)
THIS IS HUGE!!
Am I reading this right?
With prices ranging from 60-240k, with majority being in the 100k range based off of limited OCEANFRONT lots. And they have increased goals to 500 lots...
500 times 100k equals 50 MILLION!!!
PGUS THATS JUST PHASE ONE :)
PGUS
NEWS OUT!!!!!
ProGreen Scales Up Phase I Plans for Cielo Mar Development
SAN DIEGO, CA--(Marketwired - Aug 8, 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 very pleased to announce its expanded plan for the company's pre-sales lot reservation offering in conjunction with the greatly enlarged first phase of the Cielo Mar development in Baja California, Mexico.
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!
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.
"Early buyers/investors through the reservation offers will, in effect, be actively participating in the financing of the development in exchange for substantially better pricing, together with many other benefits," said Jan Telander, President & CEO of ProGreen. "Revenue from early buyers through the reservations offers, including the construction backlog from those who build early in connection with construction incentives, will put Cielo Mar in a very good funding position from the outset of the development."
The development team is on track for having a presentable Master Plan of the Cielo Mar community published on the website this fall. With the advancement to the larger and more comprehensive Phase I plan -- nearly twice the size that was initially planned and incorporating the majority of the amenities -- reservation holders can expect to have up to 18 to 24 months before final Government approval and publication of the plan, when lots may be selected and definitive purchase agreements executed. The execution plan represents the detailed subdivision of the first phase with legal measurements for individual lots and other documentation required to execute lot sales.
"We now feel confident in raising the bar with this upward revision to our plan. Our confidence is founded on the strong interest already shown from private as well as professional property investors interested in Cielo Mar's early reservation offers," said Telander. "To secure considerably better pricing while also receiving "first choice" -- enabling investors to select multiple lots grouped together, whether to resell at a later time or to build on as a project for resale or rental -- represents a great opportunity in exchange for a small refundable deposit."
Cielo Mar represents the real estate segment of ProGreen's business, and is owned and developed by the company's majority-owned Mexican subsidiary, Procon Baja JV.
ProGreen will be issuing a press release early next week regarding recent milestones on the agricultural side of its business.
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.
ProGreenUS, Inc.
Jan Telander
President and CEO
Jan@ProGreenUS.com
Phone: 1 (248) 805-3652
www.ProGreenUS.com
NEWS OUT!!!!!
ProGreen Scales Up Phase I Plans for Cielo Mar Development
SAN DIEGO, CA--(Marketwired - Aug 8, 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 very pleased to announce its expanded plan for the company's pre-sales lot reservation offering in conjunction with the greatly enlarged first phase of the Cielo Mar development in Baja California, Mexico.
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!
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.
"Early buyers/investors through the reservation offers will, in effect, be actively participating in the financing of the development in exchange for substantially better pricing, together with many other benefits," said Jan Telander, President & CEO of ProGreen. "Revenue from early buyers through the reservations offers, including the construction backlog from those who build early in connection with construction incentives, will put Cielo Mar in a very good funding position from the outset of the development."
The development team is on track for having a presentable Master Plan of the Cielo Mar community published on the website this fall. With the advancement to the larger and more comprehensive Phase I plan -- nearly twice the size that was initially planned and incorporating the majority of the amenities -- reservation holders can expect to have up to 18 to 24 months before final Government approval and publication of the plan, when lots may be selected and definitive purchase agreements executed. The execution plan represents the detailed subdivision of the first phase with legal measurements for individual lots and other documentation required to execute lot sales.
"We now feel confident in raising the bar with this upward revision to our plan. Our confidence is founded on the strong interest already shown from private as well as professional property investors interested in Cielo Mar's early reservation offers," said Telander. "To secure considerably better pricing while also receiving "first choice" -- enabling investors to select multiple lots grouped together, whether to resell at a later time or to build on as a project for resale or rental -- represents a great opportunity in exchange for a small refundable deposit."
Cielo Mar represents the real estate segment of ProGreen's business, and is owned and developed by the company's majority-owned Mexican subsidiary, Procon Baja JV.
ProGreen will be issuing a press release early next week regarding recent milestones on the agricultural side of its business.
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.
ProGreenUS, Inc.
Jan Telander
President and CEO
Jan@ProGreenUS.com
Phone: 1 (248) 805-3652
www.ProGreenUS.com
Yes it has the best climate for year round growth of produce.
RXMD NEWS OUT
MIAMI, Aug. 07, 2017 (GLOBE NEWSWIRE) -- Progressive Care Inc. (OTC PINK:RXMD), through its subsidiaries Smart Medical Alliance, Inc. and PharmCo, LLC, is a South Florida health services organization and provider of prescription pharmaceuticals, compounded medications, the sale of anti-retroviral medications, medication therapy management (MTM), and the supply of prescription medications to long term care facilities, administration and practice management, utilization management, quality assurance, EHR Implementation, billing and coding, health practice risk management, announces new independent board member, Jervis Hough, MS, CSCP ®.
On August 4, 2017, Progressive Care executed an agreement with Mr. Jervis Hough to be a member of the Board of Directors. Mr. Hough is a veteran brokerage professional and regulatory consultant who has provided guidance to firms engaged in all areas of capital markets including brokerage, investment advisory, off-exchange foreign currency, and pooled investment vehicles (e.g. hedge funds, venture capital funds, and private equity). His experience includes, Chief Compliance Officer of IFS Securities, Inc., past CEO of FundAmerica Securities, President of Capital and Credit International, Inc., Consultant with Capital Markets Compliance, LLC (CMC), Assistant Vice President for Banc of America Investment Services, Inc, and Compliance Examiner for FINRA (fka NASD). Mr. Hough currently holds the Series 7, 24, 53, 63, 79, and 99. He is also a Certified Securities Compliance Professional.
“I have known Progressive Care’s management team for over 10 years and was honored to be asked to join the team as a member of the Board of Directors. Healthcare is one of the most important aspects of a person’s life. I believe that Progressive Care has the right mission and vision to be a front line healthcare leader,” said Jervis B. Hough, CCO, IFS Securities.
“Having known Mr. Hough for years, I am confident in his ability to lend his talent and expertise to elevating Progressive Care to the next level,” stated S. Parikh Mars, CEO. “We asked him to join our Board because of his extensive knowledge in navigating FINRA and SEC matters, his ability to analyze and take advantage of capital markets, and his expansive network of professional affiliations that will allow us to have access to some of the brightest minds and most reputable firms in America.”
About Progressive Care
Progressive Care, Inc. (OTC PINK:RXMD), through its subsidiary PharmCo, LLC, is a South Florida health services organization and provider of prescription pharmaceuticals specializing in health practice risk management, compounded medications, the sale of anti-retroviral medications and related medication therapy management, and the supply of prescription medications to long term care facilities.
Focused on Jan growing the company huge things have happened company has moved opened two offices master planned a community while growing millions of dollars worth of revenue in peppers.
And to think we are under 2 cents it's insane
Jan is the man
Pgus
PGUS
Limited number of shares at this level lets take the blocks out as they show up..
Jan continues to deliver, big things going on here..
PGUS= Generational Wealth
Gonna be a big month here. Jan continues to deliver and small lots of 200k to 300k are holding us back from a huge run but when we take those this will break and run there is only a limited amount of shares at these prices.
PGUS
It already has been lol
PGUS
PGUS Best to you as well..... Jan keeps following through gonna gonna be huge...........
PGUS
PGUS great news out today...
With the likes of Dr. Horton and KB Homes big things coming...
PGUS
PGUS
NEWS OUT!!! WOW WOW!! PGUS JAN DELIVERS ONCE AGAIN!!!
ProGreen Launches 2nd Offer For Cielo Mar Lot Reservations
SAN DIEGO, CA--(Marketwired - Aug 1, 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.
ProGreenUS, Inc. today launched the second pre-sales reservation offer for lots in the planned 5,000-acre oceanfront development, Cielo Mar, in Baja California, Mexico. The first reservation offer closed in June.
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."
This second reservation offer is limited to 5 Oceanfront, 10 Golf and 35 General lots. 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. No subsequent reservations will be offered with this discount. Interested parties may place their reservations on the development's website at www.cielomarbaja.com.
Early buyers will in effect be investors in the development and are therefore offered exceptional pricing and other special advantages through this offer, not the least of which is the priority for lot selection. The selection of lots will be on a first-come, first-served basis, giving reservations from this second offer a priority ahead of any subsequent offers and, naturally, ahead of the public market launch.
With 4.5 miles of frontage on the bay, it is estimated that Cielo Mar could have between 100 and 135 Oceanfront lots in total, after accounting for the marina, beach club and other amenities. A significantly larger number of Golf lots are expected, among the three anticipated golf courses, with the remainder of the total estimated 7,000 single family lots being considered as General lots.
Cielo Mar is owned and developed by Procon Baja JV, a Mexican subsidiary to ProGreen.
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.
CONTACT INFORMATION
ProGreenUS, Inc.
Jan Telander
President and CEO
Jan@ProGreenUS.com
Phone: 1 (248) 805-3652
www.ProGreenUS.com
NEWS OUT!!! WOW WOW!! PGUS JAN DELIVERS ONCE AGAIN!!!
ProGreen Launches 2nd Offer For Cielo Mar Lot Reservations
SAN DIEGO, CA--(Marketwired - Aug 1, 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.
ProGreenUS, Inc. today launched the second pre-sales reservation offer for lots in the planned 5,000-acre oceanfront development, Cielo Mar, in Baja California, Mexico. The first reservation offer closed in June.
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."
This second reservation offer is limited to 5 Oceanfront, 10 Golf and 35 General lots. 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. No subsequent reservations will be offered with this discount. Interested parties may place their reservations on the development's website at www.cielomarbaja.com.
Early buyers will in effect be investors in the development and are therefore offered exceptional pricing and other special advantages through this offer, not the least of which is the priority for lot selection. The selection of lots will be on a first-come, first-served basis, giving reservations from this second offer a priority ahead of any subsequent offers and, naturally, ahead of the public market launch.
With 4.5 miles of frontage on the bay, it is estimated that Cielo Mar could have between 100 and 135 Oceanfront lots in total, after accounting for the marina, beach club and other amenities. A significantly larger number of Golf lots are expected, among the three anticipated golf courses, with the remainder of the total estimated 7,000 single family lots being considered as General lots.
Cielo Mar is owned and developed by Procon Baja JV, a Mexican subsidiary to ProGreen.
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.
CONTACT INFORMATION
ProGreenUS, Inc.
Jan Telander
President and CEO
Jan@ProGreenUS.com
Phone: 1 (248) 805-3652
www.ProGreenUS.com