Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Yes per the JV agreement...
All money invested in the agriculture operations is considered as loan, as per the JV with Contel, referred to in the press release dated January 23, 2017. We expect the loan to be repaid from revenues generated by this year's harvest, with substantial annual yields to follow for years to come.
PGUS OUR GOALS [Stated February 23, 2017]
We have set the following goals for Contel
ACRES OF PRODUCE GROWING OPERATIONS:
2017 - 100 acres
2018 - 400 Acres
Increase of 300% from 2017
2019 - 800 Acres
100% growth, up 700% from 2017
2020 - 1200 Acres
50% growth, up 1100% from 2017
From the PR Today
We plan to begin further agriculture land development as soon as we have the harvest underway, in line with our expansion plans for 2018."
PGUS
Ariel Videos Posted to the website
Before Planting
Ariel Videos Posted to the website
Before Planting
PGUS HUGE NEWS OUT
ProGreen Completes Funding For First Agriculture Operations In Baja California
BLOOMFIELD TOWNSHIP, MI--(Marketwired - May 18, 2017) - ProGreen US, Inc. (ProGreen), (OTCQB: PGUS), www.ProGreenUS.com, @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.
Jan Telander, President and CEO of ProGreen, comments on the company's agriculture project in Baja California:
"I am very pleased with the progress in Baja, and have the following update on the funding and development of the agriculture operations.
"The company has taken on several notes during this year as bridge financing, partly for our real estate project, Cielo Mar, but mainly to fund the necessary investments for development of, as well as operational costs for our first farm, Arenoso.
"All money invested in the agriculture operations is considered as loan, as per the JV with Contel, referred to in the press release dated January 23, 2017. We expect the loan to be repaid from revenues generated by this year's harvest, with substantial annual yields to follow for years to come.
"With the financing disclosed in the 8K, and the Form D for compliance, filed yesterday, we don't see any need for further bridge financing at this time. It is our full intention, as mentioned in earlier press releases, to pay off bridge financing notes in cash, as opposed to allowing them to convert. We believe we are now fully funded until such time that the income from the first harvest starts flowing, expected in July.
"We have just published aerial videos and photos of the ProGreen Farm - Arenoso - on ProGreenUS.com (on the agriculture project page), where you can see the scope and the present state of this agriculture development. We will add new photos and videos periodically.
"We plan to begin further agriculture land development as soon as we have the harvest underway, in line with our expansion plans for 2018."
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
https://progreenus.wordpress.com/
PGUS HUGE NEWS OUT
ProGreen Completes Funding For First Agriculture Operations In Baja California
BLOOMFIELD TOWNSHIP, MI--(Marketwired - May 18, 2017) - ProGreen US, Inc. (ProGreen), (OTCQB: PGUS), www.ProGreenUS.com, @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.
Jan Telander, President and CEO of ProGreen, comments on the company's agriculture project in Baja California:
"I am very pleased with the progress in Baja, and have the following update on the funding and development of the agriculture operations.
"The company has taken on several notes during this year as bridge financing, partly for our real estate project, Cielo Mar, but mainly to fund the necessary investments for development of, as well as operational costs for our first farm, Arenoso.
"All money invested in the agriculture operations is considered as loan, as per the JV with Contel, referred to in the press release dated January 23, 2017. We expect the loan to be repaid from revenues generated by this year's harvest, with substantial annual yields to follow for years to come.
"With the financing disclosed in the 8K, and the Form D for compliance, filed yesterday, we don't see any need for further bridge financing at this time. It is our full intention, as mentioned in earlier press releases, to pay off bridge financing notes in cash, as opposed to allowing them to convert. We believe we are now fully funded until such time that the income from the first harvest starts flowing, expected in July.
"We have just published aerial videos and photos of the ProGreen Farm - Arenoso - on ProGreenUS.com (on the agriculture project page), where you can see the scope and the present state of this agriculture development. We will add new photos and videos periodically.
"We plan to begin further agriculture land development as soon as we have the harvest underway, in line with our expansion plans for 2018."
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
https://progreenus.wordpress.com/
Agreed$$$$$$$$$$
Nice to see more lot reservations coming in as Jan keeps buying up the float.. Jan the Man
PGUS
Nice grab they cant hold it down forever looking forward to a ProGreen Friday.....
PGUS
Interesting theory
Some one got the 20k at .02 and the 30k at .0206
LOL take a big bite all the way to .0233 let them lose their shares
I deleted that message I had a lol in it but I guess it got overlooked LOL I'm crazy not stupid lmao
With News out today and a chart like this if I had any funds available id be all in here but that's me...
BLOOMFIELD HILLS, MI--(NewMediaWire- May 10, 2017) - ProGreen US, Inc. (ProGreen), (OTCQB: PGUS), www.ProGreenUS.com, @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.
It was previously disclosed, that ProGreen was planning to move its headquarters to San Diego by the end of summer 2017. As a result of the strong progress and milestones achieved with the agriculture as well as the real estate projects, the company is now planning the move for the month of June. Moving our operations to San Diego will considerably improve our ability to manage the Company's quickly expanding activities in Baja. Due to increased efforts to sell our property portfolio in Michigan, the sale of the company's largest property was closed on April 28, and two more are now under contract.
ProGreen is also pleased to announce that the company has established an office location in Ensenada, that will serve as headquarters for all of our activities in Baja California. Both Procon and Contel will operate from this location. Once the master plan for the 5000-acre oceanfront resort community is completed and the marketing of Cielo Mar commences, the office will also host a permanent property exhibition for the development.
"We are excited about the fast pace of progress, and with the move to San Diego, I will be able to have a more 'hands on' approach in the growth of the business," states Jan Telander, President and CEO.
Additional information on ProGreen's activities in the Baja agriculture industry and Cielo Mar can be found on the websites and social media listed below.
Websites:
www.ProGreenUS.com
www.CieloMarBaja.com
Now that is something to be proud of and the exact reason I continue to load shares at any (level so far between .0011 and .0294) when funds allow....
I'm 53 now and don't owe a dime to anyone and put 3 kids through college and they are debt free! They all have great jobs and I feel that is the most successful thing I've ever done!
PGUS Poised for Continuation trend past .051
OTCQB Listed - As of 9/15/16
Share Structure and Ownership...
- A/S = 950m - REDUCTION BY 37% as of 11-07-16
- O/S = 349M
- Restricted = 103M
- CEO = 23.4M - Recent purchases, latest Form 4 filed 3/27//17
- Free Float = 223M - REDUCED, from recent CEO purchases
- CEO & Control Shareholders assumed debt and subscribed to preferred shares to inject funds, totalling ~$1M investment in February 2016.
- CEO is accumulating shares, buying up the float, purchased over 23M shares on open market in 2016-2017 - free float is shrinking.
- Free Float is being held tight and getting tighter: Many long investors holding strong positions, new long investors starting and building strong positions.
http://www.newmediawire.com/news/progreen-accelerates-hq-move-to-san-diego-4795769
http://www.newmediawire.com/news/contel-enters-multi-billion-dollar-us-produce-market-4781576
http://www.newmediawire.com/news/cielo-mar-topography-reveals-beneficial-features-master-plan-underway-first-lot-reservations-4775547
http://www.newmediawire.com/news/contel-completes-operational-development-of-first-progreen-farm-4769737
http://www.newmediawire.com/news/progreen-pays-off-convertible-note-in-cash-4632302
http://www.newmediawire.com/news/progreen-negotiates-buyback-of-preferred-shares-4642075
PGUS Poised for Continuation trend News today
OTCQB Listed - As of 9/15/16
Share Structure and Ownership...
- A/S = 950m - REDUCTION BY 37% as of 11-07-16
- O/S = 349M
- Restricted = 103M
- CEO = 23.4M - Recent purchases, latest Form 4 filed 3/27//17
- Free Float = 223M - REDUCED, from recent CEO purchases
- CEO & Control Shareholders assumed debt and subscribed to preferred shares to inject funds, totalling ~$1M investment in February 2016.
- CEO is accumulating shares, buying up the float, purchased over 23M shares on open market in 2016-2017 - free float is shrinking.
- Free Float is being held tight and getting tighter: Many long investors holding strong positions, new long investors starting and building strong positions.
http://www.newmediawire.com/news/progreen-accelerates-hq-move-to-san-diego-4795769
http://www.newmediawire.com/news/contel-enters-multi-billion-dollar-us-produce-market-4781576
http://www.newmediawire.com/news/cielo-mar-topography-reveals-beneficial-features-master-plan-underway-first-lot-reservations-4775547
http://www.newmediawire.com/news/contel-completes-operational-development-of-first-progreen-farm-4769737
http://www.newmediawire.com/news/progreen-pays-off-convertible-note-in-cash-4632302
http://www.newmediawire.com/news/progreen-negotiates-buyback-of-preferred-shares-4642075
PGUS Poised for Continuation trend
OTCQB Listed - As of 9/15/16
Share Structure and Ownership...
- A/S = 950m - REDUCTION BY 37% as of 11-07-16
- O/S = 349M
- Restricted = 103M
- CEO = 23.4M - Recent purchases, latest Form 4 filed 3/27//17
- Free Float = 223M - REDUCED, from recent CEO purchases
- CEO & Control Shareholders assumed debt and subscribed to preferred shares to inject funds, totalling ~$1M investment in February 2016.
- CEO is accumulating shares, buying up the float, purchased over 23M shares on open market in 2016-2017 - free float is shrinking.
- Free Float is being held tight and getting tighter: Many long investors holding strong positions, new long investors starting and building strong positions.
http://www.newmediawire.com/news/progreen-accelerates-hq-move-to-san-diego-4795769
http://www.newmediawire.com/news/contel-enters-multi-billion-dollar-us-produce-market-4781576
http://www.newmediawire.com/news/cielo-mar-topography-reveals-beneficial-features-master-plan-underway-first-lot-reservations-4775547
http://www.newmediawire.com/news/contel-completes-operational-development-of-first-progreen-farm-4769737
http://www.newmediawire.com/news/progreen-pays-off-convertible-note-in-cash-4632302
http://www.newmediawire.com/news/progreen-negotiates-buyback-of-preferred-shares-4642075
I'm not independently wealthy
PGUS NEWS out today
http://www.newmediawire.com/news/progreen-accelerates-hq-move-to-san-diego-4795769
Continuing to Grow