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Davis_Elite

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Davis_Elite

Re: Simonizer post# 37225

Thursday, 05/18/2017 8:34:51 AM

Thursday, May 18, 2017 8:34:51 AM

Post# of 58279
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

ALL IMO

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