PGUS moving in the right direction...
$155K: The CEO buys 23M shares on the open market over the past year,
$500K: The CEO provides $250K credit line bridge financing in November 2016 to avoid tapping the high-quality $5M equity line at such a low stock price - in the $0.012 range at the time. The CEO provides a 2nd $250K credit line bridge financing to avoid tapping the high-quality $5M equity line at such a low stock price - in the $0.02 range this week.
$300K: The CEO, Jan Telander, his brother Ulf (CEO of EIG Capital) and nephew Frederic (CEO of SolTech Energy, Sweden) each invest $100K in the company 1 year ago, as the Baja land plans were beginning to materialize (Jan had given blog updates on the old website back then about all this land in Baja that he was looking at, including a portion being oceanfront land).
$700K: EIG Capital invested $700K to assume all of the remaining toxic debt and take it off the ProGreen balance sheet 1 year ago, as the Baja land plans were beginning to materialize.
$1.87M: EIG Capital (investment company run by Ulf Telander, with Ulf holding about 60%, with something like 50-100 shareholders to report to) originally funded the business in 2009, receiving ~85M shares. Those shares currently worth around $1.87M at today's PGUS price of 0.022.
Clearly the Telanders and EIG have a lot at stake and have put quite a force behind ProGreen and the Baja investments (agriculture land/operations & Cielo Mar oceanfront development).
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