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Procon Baja JV
Company
Founded: 2016
Parent organization: ProGreen US, Inc. own 51% of Procon Baja JV
We own shares of PGUS NOT trading right now. (private.)
Either Jan buys us out or relist.
The fin Cielo Mar as I read it is the (investing financial arm now)
In my opinion, coming together nicely. Jan did say "hold on to the shares"
Cielo Mar Finans AB (publ) operates within
financing of real estate projects and was established in 2013
with the aim of acquiring, managing and developing high
returned residential properties on the U.S.
Real estate market. In March 2016,
however, the then stock of properties to
ProGreen Properties Inc. (now ProGreen
US Inc.). Compensation amounted to USD 1,555,000 and
paid in cash with USD 200,000 and in addition to
preference shares worth USD 1,355,000, which
with a voucher of 7 % per year. The company chose
however, in accordance with the agreement, to receive instead
proceeds for the remaining part, USD 1,355,000 in cash,
which, according to the agreement, was originally due for payment
31 December 2017
However, the due date has
postponed due to delays in ProGreen's other
real estate projects and interest on an ongoing basis have been imposed in accordance with
agreement. At the Extraordinary General Meeting in November 2020
however, it was decided to adopt a new articles of association
this includes the adoption of a new name;
Cielo Mar Finans AB (publ). At the same time, a new
board of directors and a new CEO took over in the Company.
Among other things, the company plans to publish
interest-bearing bonds and finance
development of the area through loans to
project company Procon Baja J.V., against collateral,
mortgages, in the property (land). The area
to be exploited valued in March 2018 in
raw land execution by CBRE Richard Ellis at USD 42
million (approximately SEK 400 million) and in November
month 2021 to USD 50 million (approximately SEK 480 million
millions), and is virtually unfunded. The area has
project has been divided into five phases. Full permits for
development and construction exist for the first time
phase of 133 hectares.
On October 15, 2021, the Company's claim on
ProGreen US Inc., at the time USD 1,842,889, by
that this was converted (set off) to 7.3% of the all shares in Procon Baja J.V.S.R.L De C.V which is
owner of the project in Mexico. The Board's assessment is
that the set-off was made at a very favourable
valuation in relation to the valuation of the area
established by CBRE Richard Ellis in 2018.
During the period May-June, the Company has issued
interest-bearing bonds with the equivalent of 7,890
MSEK. The bonds have a maturity of five (5) years, and
an annual interest rate of 10 per cent paid twice
annually. The bonds have been admitted to trading on
First North Bond Market with first day of trading on
7 October, 2021. Part of the funds received through the
the bond issue has, as previously announced,
invested in Procon Baja J.V. projects in Mexico in
of loans. As mentioned above, during the period
also by set-off, acquired corresponding to 7.3%
of the shares in Procon Baja J.V
The company works continuously to find additional
funding for the project in Mexico and Procon Baja J.V.
Despite the current
market situation, continued to be positive about the opportunities
in addition.
The company has an agreement with Procon Baja J.V. to obtain
commission corresponding to 1% of all sales in
phase 1, in Procon's project in Mexico, provided that the Company
contribute to the financing of phase 1 of the project. It
total estimated sales volume in phase 1 amounts to
at full exploitation to approximately USD 415 million and has
revised up from previously approximately USD 350 million
as a result of adjusted prices for the dwellings
included in Phase 1. The large potential upside in
however, the project consists of a free
warrant that entitles the Company to within 36
months (March 2021 – March 2024), acquire a maximum of
10% of the entire project at the equivalent of the valuation
as CBRE Richard Ellis determined in March 2018.
With additional funding and in the long term as the project
exploited, the Company considers that this option may be
become very valuable.
oh ye of little faith !!!
Procon Baja JV
Company
Founded: 2016
Parent organization: ProGreen US, Inc. own 51% of Procon Baja JV
We own shares of PGUS NOT trading right now. (private.)
Either Jan buys us out or relist.
The fin Cielo Mar as I read it is the (investing financial arm now)
In my opinion, coming together nicely. Jan did say "hold on to the shares"
5 TIMES THE ENTIRE OUTSTANDING SHARE COUNT!!! 26,353,878
26,353,878
i am in with a few shares, lets see what it does here!!!
TIME WILL TELL !!! MAYBE O T C IS NOT the goal.
Jan has answered me to the best he can legally. I believe progress is being made at Ceilo Mar. We shall see if/when the stock is relisted on an exchange with the updated valuation. https://www.cielomarbaja.com/2021/04/
My 2022 see great things for P G U S. If you build it "they" will come!!!
Heck no, I took a paper loss for tax purposes used the funds to buy more shares of a pot stock that I believe in at .035. I still hold 60,000 shares of "this" with an avg. of .08. I surely would NOT have bought here in hindsight. But hey, you never know. After holding for a year and a half, it better go to 2.50 but they have dumped and dumped so i will settle for .20.
Patience Grasshopper!!!
https://tenor.com/view/patience-young-grasshopper-gif-10391979
What are EVIO’s acquisitions and subsidiaries?
EVIO’s acquisitions and subsidiaries are: Leaf Detective LLC, Viridis Analytics Inc, EVIO Inc MRX Labs, LEADING EDGE PHARMS INC, DB Labs
§ 240.12g-4 Certifications of termination of registration under section 12(g).
(a) Termination of registration of a class of securities under section 12(g) of the Act (15 U.S.C. 78l(g)) shall take effect 90 days, or such shorter period as the Commission may determine, after the issuer certifies to the Commission on Form 15 (§ 249.323 of this chapter) that the class of securities is held of record by:
(1) Fewer than 300 persons, or in the case of a bank; a savings and loan holding company, as such term is defined in section 10 of the Home Owners' Loan Act (12 U.S.C. 1461); or a bank holding company, as such term is defined in section 2 of the Bank Holding Company Act of 1956 (12 U.S.C. 1841), 1,200 persons; or
(2) Fewer than 500 persons, where the total assets of the issuer have not exceeded $10 million on the last day of each of the issuer's most recent three fiscal years.
(b) The issuer's duty to file any reports required under section 13(a) shall be suspended immediately upon filing a certification on Form 15; Provided, however, That if the certification on Form 15 is subsequently withdrawn or denied, the issuer shall, within 60 days after the date of such withdrawal or denial, file with the Commission all reports which would have been required had the certification on Form 15 not been filed. If the suspension resulted from the issuer's merger into, or consolidation with, another issuer or issuers, the certification shall be filed by the successor issuer.
I don't think that is the END GAME here !!!
LLL OOO LLL After 6538 post (: Really !!!
What do YOU mean? You KNOW darn well that 99.9 percent of o t c stocks are share selling schemes. This one is different how? NOT LOL
1,045,000,000 when i first bought a couple of months ago.
Common Stock 1,750,000,000 968,938,500 1,418,938,500
They can sell over 300 million more shares without increasing authorized share count.
Thanks
Not like I tried, but I was told by my T D Ameritrade that after 8/13 I could not buy only sell. Who is buying?
How could you NOT EXPECT this without them filing. It can only go lower from here until/unless they file. It is as simple as supply and demand. Retail can sell the stock, but can not buy it unless they file. All sell means lower and lower and lower!!!
Hopefully he sold the first time it did this, and then ran almost to .o3.
I would wait until AFTER Friday IF ANYONE is thinking about buying this crap and rolling the dice, that she will file before going to .0001. I am clinging on to the side of the sinking ship, even the rats have started to jump out. LoL
LLL OOO LLL
100 millions shares dumped recently. 2bil 892 was 792
yep, that is always a possibility!!!
I see now thanks o t c had it wrong
Security Authorized Outstanding To Be Outstanding After Offering (1)
Preferred Series B 80,000,000 0 0
Preferred Series A 20,000,000 20,000,000 20,000,000
Common Stock 1,750,000,000 968,938,500 1,418,938,500
Authorized Shares
1,350,000,000
450,000,000 SHARES OF COMMON STOCK
$0.0035 PER SHARE
Outstanding Shares
1,045,438,500
@ 150,000,000 More than authorized
If that is the case,they could have done it any time recently. My first buy was .01, why not then 3 times fews shares???
No panic, just Understand what you are dealing with. No reason for this to happen NOW, unless they are in bed with mm's.
Authorized Shares
1,350,000,000
07/16/2021
Outstanding Shares
1,045,438,500
07/16/2021
So how do they plan to sell more shares than they are authorized to sell???
Yes B S and they KNOW IT. I will play this like a usual o t c scam!!! Lost any respect I had for them!!!
I guess I will wait to average down.
They look shadier each day. Could not be a worst time to put out a prospectus for .0035. Why not wait until pps are higher? Something stinks!!! On the bright side, still low o/s considering the type of o t c stock we are dealing with. 1,450,000,000
They can become current at any time, October, November, whenever. I hold a delisted stock that just got a 250,000 million dollar loan to build a community in Baja California Sur. Ceo responded in an email saying to hold on to the shares. It took 4 years to get the loan. It was delisted in November 2020.
Sometimes your broker will buy worthless stocks from you for 1 dollar so that you can take the loss.
https://www.cielomarbaja.com/2021/04/
This is truly 50/50 if they file, Golden, if not Stuck!!!
Only the crooks at e v i o know for sure!!!
We shall see.
They do not put all this work into an elaborate scam not to make it run!!!
True every word, wow missed it the first time.
Who knows what they are doing until/unless they file. I will hold on to the side of this sinking ship hoping for a miracle !!!
Only thing that will move this is FILING