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Anyway enough about that I'm focused on the great things happening here CEO buying millions even at .0043 and the list gets bigger and bigger Soltech JV all the DD anyone needs to make an informed Decision is out there for any one to find for instance
2016-05-04 12:29:01
CEO TRAVELLING TO BAJA TO TRY TO FINALIZE A FRAME AGREEMENT FOR SEVERAL TRACTS OF LAND THAT WILL NOW LIKEY TOTAL OVER 10,000 ACRES. FURTHER UPDATE WILL BE POSTED WHILE IN BAJA NEXT WEEK.
Outstanding Debt Conversion Now Completed
BLOOMFIELD HILLS, MI--(Marketwired - Mar 31, 2016) - ProGreen Properties, Inc. (PROGREEN) (OTC PINK: PGEI), is pleased to announce that the company's last outstanding institutional convertible note has now been fully converted. The company is now in a much stronger financial position, as its total outstanding debt has now been reduced to the $200,000 owed to American Fastigheter AB (Amrefa), which is non-convertible, does not carry interest and will be paid off with proceeds from the sale of one of the 14 properties included in the ARG acquisition, announced earlier in the month.
"This removes the last of the earlier dilutive debt and we can now clearly see the path forward without this type of 'overhang,'" says Jan Telander, President.
ProGreen Completes Acquisition of American Residential Gap LLC
BLOOMFIELD HILLS, MI--(Marketwired - Mar 14, 2016) - ProGreen Properties, Inc. (PROGREEN) (OTC PINK: PGEI) is pleased to announce that the acquisition of American Residential Gap LLC (ARG), a property holding company, has now been completed after an overwhelming yes vote at the shareholders meeting on March 8 of ARG's Swedish parent company, American Residential Fastigheter AB.
This has resulted in bringing all 14 properties owned by ARG onto PROGREEN's books for a total stated net asset value of $1,285,000.
The acquisition was cashless, paid for by PROGREEN issuing 8,093,541 Class B 7% Preferred Shares to AMREFA, that are convertible into common stock after 12 months at average market price for the 20 trading days prior to March 8, 2017.
An outstanding 8% Note of $270,000 including accrued interest, in favor of AMREFA, was also cancelled under the agreement, with $70,000 being converted into the same class of preferred shares, and the remaining $200,000 to be paid back in cash from part of the proceeds from the sale of one of the 14 properties now acquired.
"This is a very big step forward for the company, resulting in a considerably improved balance sheet and further reduced debt," says Jan Telander, President.
he loaded 3.9 million at .0054 on april 19 and vowed to flip on that Friday for .0062 been down every since so he is in the red but hey I saw 6 million on the bid at .0038 today that would probably be glad to grab his shares although that is if he really jumps ship we might get news by Friday and then shoot up and he can still flip at 62 just saying
He left once remember Agreed 100%.
Then came back posting stuff like this from post 17349 in reply to you...................
I just read the 10Q/A, and this is what I make of it:
1.) The "Going Concern" isn't that much of a concern because of the info from the last PR.
2.) PGEI is SET and ready to launch, they don't have a lot holding them back (unlike a majority of OTC and for that matter, PINK stocks), now they just need to do something.
3.) As long as Jan doesn't seriously screw up what he's got going so far, a half a damned cent should (at some point soon) be ancient history. Keep in mind that things don't just happen overnight, though.
"LONGS" are going to make the most of this stock.
However the last sentence he wrote said things don't happen over night guess he forgot to take his own advice!
Thanks for the luck but real traders holding PGEI have skills to know what they own HAVE A GREAT DAY!!!
Not sure but they were selling into a 6 million bid on 38 and almost a 1 million bid on 39 Just from what I saw on l2!!
Right there with ya bud
You ain't lying me too
Hello 4 MILLION BID SUPPORT
Hmmm just wondered was gonna get some but ill wait
okay yea the news came yesterday of the buy out then today accepted the offer so I was just wondering thanks
Let me ask you whats the deal with the buy out on nerg its trading 10x less than buyout price?
jnsh Looking to avg down on the dip
Of course haven't done very well so far lol about to stop posting my picks I wait to long to get in them and always end up on the down side gotta start going with first instinct and stop second guessing myself could of got in at .0015
Got a few yesterday at.0051
SANP
Best time to get in trips I'm told with huge bid support!!
JNSH looking like bottom is in!!
.0041 x .0044
Yea I believe you are correct my friend!!
Somebody took your advice I see but hey less weak hands load the dip a little lower dip than expected but with low volume gotta be expected
Jnsh looking to bounce imo
There went 46 49 up
Small Float for otc
Have to agree with you from 300 acres to 2200 acres to 5500 acres to Finalizing OVER 10000 acres
2016-05-04 12:29:01
CEO TRAVELLING TO BAJA TO TRY TO FINALIZE A FRAME AGREEMENT FOR SEVERAL TRACTS OF LAND THAT WILL NOW LIKEY TOTAL OVER 10,000 ACRES. FURTHER UPDATE WILL BE POSTED WHILE IN BAJA NEXT WEEK.
Sanp is it looking to breakout of trips soon?
Whats the as os here?
Gm PGEI hope every one has a great day lets see a green finish today
Anyways just stopped by to say Hi PGEI everyone have a great evening!!
Better get the lions for the fights shipped over night we all know it better be built and be ready for entertainment by the weekend or oh boy LMAO
Still Holding Long Patience is Key as per CEO
ROME WAS NOT BUILT IN A DAY!!!
2016-05-04 12:29:01
CEO TRAVELLING TO BAJA TO TRY TO FINALIZE A FRAME AGREEMENT FOR SEVERAL TRACTS OF LAND THAT WILL NOW LIKEY TOTAL OVER 10,000 ACRES. FURTHER UPDATE WILL BE POSTED WHILE IN BAJA NEXT WEEK.
Outstanding Debt Conversion Now Completed
BLOOMFIELD HILLS, MI--(Marketwired - Mar 31, 2016) - ProGreen Properties, Inc. (PROGREEN) (OTC PINK: PGEI), is pleased to announce that the company's last outstanding institutional convertible note has now been fully converted. The company is now in a much stronger financial position, as its total outstanding debt has now been reduced to the $200,000 owed to American Fastigheter AB (Amrefa), which is non-convertible, does not carry interest and will be paid off with proceeds from the sale of one of the 14 properties included in the ARG acquisition, announced earlier in the month.
"This removes the last of the earlier dilutive debt and we can now clearly see the path forward without this type of 'overhang,'" says Jan Telander, President.
ProGreen Completes Acquisition of American Residential Gap LLC
BLOOMFIELD HILLS, MI--(Marketwired - Mar 14, 2016) - ProGreen Properties, Inc. (PROGREEN) (OTC PINK: PGEI) is pleased to announce that the acquisition of American Residential Gap LLC (ARG), a property holding company, has now been completed after an overwhelming yes vote at the shareholders meeting on March 8 of ARG's Swedish parent company, American Residential Fastigheter AB.
This has resulted in bringing all 14 properties owned by ARG onto PROGREEN's books for a total stated net asset value of $1,285,000.
The acquisition was cashless, paid for by PROGREEN issuing 8,093,541 Class B 7% Preferred Shares to AMREFA, that are convertible into common stock after 12 months at average market price for the 20 trading days prior to March 8, 2017.
An outstanding 8% Note of $270,000 including accrued interest, in favor of AMREFA, was also cancelled under the agreement, with $70,000 being converted into the same class of preferred shares, and the remaining $200,000 to be paid back in cash from part of the proceeds from the sale of one of the 14 properties now acquired.
"This is a very big step forward for the company, resulting in a considerably improved balance sheet and further reduced debt," says Jan Telander, President.
Yep. Those who are selling now will not benefit from the UPDATE JMO
AGREED!!! ROME WAS NOT BUILT IN A DAY!!! LONG AND STRONG PGEI
ok so low float less than 300m damn nice guess ill be buying some at the open hope it don't gap to hard!!
300 million as whats float?
Whats support and os here?
Atleast we know who the selling was last week, Just doesn't make sense to bash a stock while your trying to sell it. But like they say the guilty dog barks first!!!! PGEI
Well its green Friday before news on half a million in Volume hold on tight big things coming!!!
I see it if nite is real then 350k would get us there
That my friend would be awesome!!
Bztg L2 thinned more ready to breakout
Agreed never should of gotten below 5 but the low volume days and manipulation brought it down buying pressure and it could break and run hard
Might see buying pressure end of day for News as Early as MONDAY