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My hope is that they have been quietly working hard, walking through the extensive process of bringing their product to market. I do think that if ag pro works like I believe it does and management executes, 2018 should be a great year. Happy New Year to you and all grog IR employees.
Yup, never know why someone might not be letting a few go. The company is not likely to put out news till the new year. I am not the least concerned. I do believe that 2018 will be a heck of a year for Grog. Merry Christmas to all.
From the real IR representative of grog.lol
A little volume today.
Love being referred to as a tough guy.lol if we are trying to use WWE metaphors, then I think anybody short will get a big back breaking SMACK DOWN in January, as the company announces more shipments. LETS GET READY TO RRUUUUMBLE
I will grab some before the new year. Good things coming. I suspect we will see more orders first of the year. I am going to be patient. Not worried, don't have to be tough just smart.lol
Yes me to.
The potential here is great long term, and short term all they need is a few decent size orders to be cfp. Gltu
Did anyone else receive the letter to shareholders a couple of weeks ago?
Good call then, I didn't see it comming till to late. Character flaw on my end to trusting. I Hope GR is able get control and restore some value.
It is easy to see the obvious, when it has already happened.
I agree 100% on out going management.I Put way way to much into it because I took Paul at his word. Still recovering from the loss. Moving forward, I have nothing to lose. I will say this, GR has always responded to all my contact with him over the past 1-2 years. He owes me nothing and I don't think he needs me to get control of the shell. I am somewhat hopeful I can recover some of my original investment and I believe GR is moving in that direction. Best to you pur, big apologize for the recommendation. Learned my lesson. Did you get the letter sent to SH this week?
Quite for now. Hoping for some more sales.
Everyone have a great thanksgiving.
Yes we will see volume and price increase with some sales. Imo great time to accumulate. Would love to see a few larger sales. Won't take much from one of these countries to make a big difference for grog. Cambodia buys a few million worth of product, and this stock price and volume will be a distant memory.
GroGenesis CEO Richard Kamolvathin Interviewed by CEOCFO Magazine on AgraBurstPRO, an Organic Agricultural Input
CEO Discusses Company Mission, Expansion of Distributor Network and Revenues
SIOUX FALLS, SD - (NewMediaWire) - October 25, 2017 - GroGenesis, Inc. (OTCQB: GROG) (the "company"), a global sustainable pioneer in AgriTech™ and the producer of AgraBurstPRO™, an organic, non-GMO nano-surfactant and emulsifier for farmers, fertilizer manufacturers and commercial lawn and turf companies, announced today that CEOCFO Magazine, an online investment publication that conducts interviews with company CEOs and CFOs, featured Richard D. Kamolvathin, President and CEO of GroGenesis, Inc., in the October 23, 2017 issue. In an exclusive interview with Lynn Fosse, Senior Editor of CEOCFO Magazine, Mr. Kamolvathin discussed the company's vision of assisting farmers in providing a path to value-added organic food production and increasing crop yields in the process of that transition. The interview can be accessed at http://www.ceocfointerviews.com/interviews/GroGenesis17.htm.
GroGenesis management recently returned from South East Asia after conducting a very successful Global Partners Conference where the company signed a distribution agreement with Curwel International, Co. Ltd. of Phnom Penh, Cambodia to distribute GroGenesis' groundbreaking organic input, AgraBurstPRO™ in the countries of Cambodia, Vietnam, Sri Lanka and Laos. GroGenesis has distributors in two other South East Asia countries -- Bangladesh and Myanmar -- and Latin America and the Caribbean Basin. The conference was covered by the media on TV, in newspapers, and online news sites.
Mr. Kamolvathin fielded questions on the company's prospects for revenues in the near future. He noted, "We look very positively towards generating revenue now with expectations -- and I underscore the word 'expectations' -- of healthy quarter to quarter revenue growth over the next two to four quarters. As of last quarter, we transitioned from a pre-revenue to a revenue-producing company. I like to say that we have moved from a company saying they have a product to a company that has a product that customers deem valuable enough to pay for."
When questioned about the company's future profitability, Mr. Kamolvathin said, "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 long term profitability."
Mr. Kamolvathin emphasized that the Company's mission was two-fold. One goal is to make a demonstrable difference in the lives of farmers worldwide struggling to make a decent living for their families. And the second goal is to enhance shareholder value by growing deliberately and profitably to eventually becoming an influential force in the sustainable agriculture industry on a global scale.
Assume that's a rhetorical question. Lol,not many.
But I am also very encouraged, bright future.
CEO interview
Great stuff.
http://www.ceocfointerviews.com/interviews/GroGenesis17.htm
Love that the company keeps shareholders up to speed. Not pumping, just good info.
GroGenesis shareholders and interested investors:
The recent market launch of AgraBurstPRO on October 5 in Phnom Penh with Curewel International, GroGenesis' distributor for Laos, Cambodia, Vietnam and Sri Lanka, is a prelude for approaching farmers and Non-Governmental Organizations (NGO's) like Fi-lan’thro-pe (see article below).
Separately, the Company has received a number of questions regarding our Communications Policy regarding the announcement of shipments/orders. GroGenesis will announce the first AgraBurstPRO shipments to a country of AgraBurstPRO upon actual shipment. Subsequent shipments to countries where first shipments have already been announced will not be the subject of a press release unless the size or customer is deemed significant enough for a separate press release.
To date, the Company has announced first shipments of AgraBurstPRO to Barbados and Colombia. The Company currently has announced distributors in Bangladesh, Cambodia, the Caribbean Basin, Laos, Myanmar, Sri Lanka and Vietnam. As a matter of company policy, new country distributors will be announced as definitive agreements are signed.
Regards,
Investor Relations for GroGenesis
Large orders will come, I suspect if they got a 3 mill order they would find away to produce the product in mass pretty fast. Money is a pretty good motivator. But all good questions,we shall see.
Interesting activity today.
Seems like interest is growing. As Richard said the sky is the limit on this product. Grog gets just a small percentage (2-5%) of the farmers in just one or two of these countries and the stock will be on a different exchange and be a buy out candidate. And why not? I have high expectations. I think it will be many countries, as more and more data comes in to support what we and the current distributors already know. Expect India distributor soon.
Thanks for posting, the more 3rd party confirmation we can get, the better.
India is the second largest exporter of agriculture products. Huge market.
They have issues, but grog could help with most.
https://thewire.in/52228/what-is-the-future-of-agriculture-in-india/
Very very true. Be interested in your take of grog. Sorry don't have pm ability. This company would have to be really good at deception, in the next few days I suspect we will see 3rd party reaction/coverage from conference in Cambodia. But I have been fooled before. Just now getting back on feet. Gltu
Bought a few more today at .25. At some point the contracts and progress will be recognized. Good people,great product, huge market, word spreading, now I wait.
Agree on all.
Gltu
Hate to be the only one posting, but today's news seems pretty substantial on several fronts. Yet, at this point no influence on vol. Don't get it.
SIOUX FALLS, SD--(Marketwired - Oct 9, 2017) - GroGenesis, Inc. (OTCQB: GROG) (the "company"), a global sustainable pioneer in AgriTech™ and the producer of AgraBurstPRO™, an organic, non-GMO nano-surfactant and emulsifier for farmers, fertilizer manufacturers and commercial lawn and turf companies, announced today the signing in Phnom Penh, Cambodia of a major distribution agreement with Curewel International.
After the requisite due diligence on the part of both GroGenesis and Curewel International, including university field testing to confirm efficacy on soil health and validating crop yield increases, the Memorandum of Understanding agreement with Curewel announced July 25, 2017 has resulted in the two companies arriving at a definitive agreement for the distribution of AgraBurstPRO™ in the South East Asia region, specifically for the countries of Cambodia, Laos, Sri Lanka and Vietnam.
The signing ceremony with Curewel International and GroGenesis was conducted at a major media event on October 5 at the Sofitel Phnom Penh Phokeethra with over 180 attendees including media representatives, rice producers, palm oil producers, fertilizer manufacturers, NGO representatives, bio-fuel producers, cash crop growers (jute, cassava etc.), fruit and vegetable growers, journalists and GroGenesis management.
Curewel and GroGenesis welcomed the Ambassadors to Cambodia from India, Myanmar, Vietnam and the United States to the well-attended conference. U.S. Ambassador William A. Heidt spoke about the macroeconomic agricultural issues facing Cambodia and the microeconomic contributions and solutions offered by GroGenesis.
Mr. H.E. Lao Sokharom, Secretary General of the Office of the Council of Ministers for Agriculture for Cambodia, introduced other Ministry of Agriculture colleagues who will work with GroGenesis to learn more about AgraBurstPRO and how the product can help Cambodia's farmers. Mr. Sokharom emphasized that now is the time for Cambodia to be more aggressive in introducing healthy products.
Representatives from eight (8) South East Asia countries (Bangladesh, Cambodia, India, Indonesia, Laos, Malaysia, Sri Lanka, and Vietnam), two South American countries (Colombia and Peru) and one distributor from Switzerland participateid to learn more about AgraBurstPRO and meet with the managements of GroGenesis and Curewel International.
Sandeep Majumdar, Chairman and Managing Director of Curewel International Co., Ltd.opened the event with an overview of Curewel followed by the introduction of Richard Kamolvathin, CEO and Chief Science Officer of GroGenesis. Mr. Kamolvathin delivered a presentation entitled "Accelerating GDP Growth through Agriculture."
In the afternoon, a well attended technical forum was held on AgraBurstPRO™ followed by a Question and Answer forum to review the field testing results conducted on various crops and answer questions on the science and application protocols.
Sandeep Majumdar, Chairman and Managing Director of Curewel International Co.,Ltd., said, "We are very pleased to be signing on with GroGenesis as a distributor for AgraBurstPRO for Cambodia, Laos, Sri Lanka and Vietnam. After working with the Master Distributor for GroGenesis on field testing to satisfy our own due diligence to introduce and distribute AgraBurstPRO to these four countries, we saw the remarkable results on crop yields and soil health when this exciting input was applied. Farmers are in dire need of a cost effective input that pays back the investment in multiples through higher yield. To get that increase in yield with an organic, all natural application that reduces chemical inputs is even more impressive."
Mr. Majumdar continued, "I have a very real passion to make a significant difference in the agriculture of my country and the South East Asia region where so many people are engaged in growing food for their families and earning an income to buy necessities and discretionary consumer products. Any improvement in the return on investment in agriculture flows throughout every country's economy. We feel we can have a major impact on agriculture in South East Asia by working with GroGenesis to introduce AgraBurstPRO to regional farmers and farming enterprises."
Mr. Richard Kamolvathin, President and CEO/CSO of GroGenesis, said, "GroGenesis is very fortunate to have this opportunity to support Curwel International in introducing AgraBurstPRO to South East Asia. Mr. Sandeep is an incredible humanitarian businessman who often talks of the 'human touch.' He has the vision and determination to help farmers increase income while also committing to restoring the balance in the soil."
Kamolvathin concluded, "Farmers can now decide to rehabilitate their soil with a cost-efficient organic input and, at the same time, enjoy greater yields and higher returns on their crops. The opportunities to help farmers around the world transition from conventional chemical farming toward non-GMO and, ultimately organic, are in great need. Global food security will continue to be under stress and green science will continue to see increased demand. We look forward to working closely with Curewel International to introduce AgraBurstPRO to Cambodia and the rest of South East Asia."
A
Yes if u add up numbers and consider some double attenders of sessions,got to figure over 200 people in attendance. I would bet we will see news worthy activity from the conference for several weeks, if not months. If they could prove to the government's and prospective distributors what I know about the tech. Then we are sitting on a powder keg.
To GroGenesis shareholders and interested investors:
GroGenesis conducted its first Global Distributor Conference in Phnom Penh, Cambodia today. Attendance at the event in the morning exceeded 200 participants with a number of Cambodian Ministry of Agriculture department heads including crop specialists for rice, palm oil and cash crops (cassava and jute). The US Ambassador to Cambodia, Mr. William A. Heidt made comments on the unique opportunities that exist for innovative companies in agriculture like GroGenesis to help countries like Cambodia meet the challenges of growing healthy food for its populace.
The three hour afternoon session was attended by over 100 participants made up of prospective customers and potential sub-distributors to address technical questions and presenting detailed field testing results of AgraBurstPRO by GroGenesis' distributors in Bangladesh and Colombia. Mr. Lynn Griffith, an authority on turf and tropical plants, presented his experiences with AgraBurstPRO and field testing currently ongoing in Florida. (http://www.grogenesis.com/news/corporate-news/grogenesis-signs-soil-and-turf-consultant-lynn-griffith-to-distribute-agraburst-protm-to-florida-turf-market)
Local media (TV and newspapers) interviews with Mr. Kamolvathin, CEO of GroGenesis, were conducted during the day.
The company is hosting a final meeting tomorrow for potential key customers invited by the regional distributors to meet with the CEO of GroGenesis and get their questions on AgraBurst PRO answered.
Investor Relations for GroGenesis
Well my prediction of volume this week was, well, horrible.lol
Really thought that last bit of news would bring in some interest. Should of, imo.
Misread your post, thinking u said investors would attend conference.
Welcome to the board
Gltu
12 different countries
Think it might be the beginning of the end.
Of low volume.lol
My guess is there will be very few investors there. Just country/gov reps and those wanting to distribute. Pretty exciting, would only take agroburst pro to catch on in one region in one of these countries to see very nice appreciation of revs and market value.
150+ attenders, got to be effective ladies and gentlemen
Congrats, on the pick up.
Great buy imo.
For them to send this out to shareholders kinda makes me wonder what they have going on. We shall see
Doesn't mean anything. Just a small trade. Would have loved to have been the buyer though. Waiting for consistent daily volume of size, 50-100K would be nice.
Gltu
chart]stockcharts.com/c-sc/sc?s=grog&p=D&yr=0&mn=6&dy=0&i=p32904265710&r=4114[/chart]
GROG is holding up after a great move up on good news. But when GROG reports their first revenue quarter ever in October, it will be interesting to see if it gets over .50 from the current .30.
Whenever a company goes from NO revenue to booking revenue, the stock price usually can move big time.
chart]stockcharts.com/c-sc/sc?s=grog&p=D&yr=0&mn=6&dy=0&i=p32904265710&r=4114[/chart]
GROG looks like it is holding up after a great move up on good news. But when GROG reports their first revenue quarter ever in October, it will be interesting to see if it gets over .50 from the current .30.
Whenever a company goes from NO revenue to booking revenue, the stock price usually can move big time.
Hoping and also thinking we see volume start to pick up. There certainly are very few sellers. The stock is very tightly held, acts like the float is super tiny. Saw on a grog vid today visual results from tobacco farmer in Tenn.
Just one state and one crop,touching a small percentage of the market would be huge for grog.
15k sitting on bid at .30.
Looking forward to the days we are looking at 150K share bids. With the % yield increase and cost benefit numbers, those larger buyers will come. Feeling very confident in the tech, just watching it become known. At some point the market will see the snowball effect. First regionally then, well we shall see. Very very bright future. Imo
Asked grog info about cost benefit to farmers. Been impressed by yield numbers, but that does no good if the farmer has to spend 1 dollar to make one dollar. Here is the reply.
"Yes, there has been a cost/benefit analysis done on a number of crops.
The "investment" return for a farmer ranged from three fold to up to
almost 10 times the costs for AgraBurst PRO. In other words, for every
$1.00 spent on AgraBurst PRO applications , a farmer realized from $3.00
to $10.00 in yield return. Currently, the Company is not making any
public representations of these expectations but, as more field testing
is conducted, that may change."
Yes the pics are pretty telling. Looking forward to more folks hearing about the company and the product. For now we are under the radar and it seems just a handful of folks are following grog. It will change.
I am in this for the long haul. But news imo will take out the 30 or 40K at .35. Would not be surprised to see it happen this week.