ProGreen US Inc. (fka PGUS)

[jasonak]

Just my humble opinion, but I think the stock is a little expensive at about 7.5M market cap.

It's lost just shy of a million bucks for the first 9 months and ballooned its share count by over 200 million.

The pepper farm revenues (if they actually happen) are shared with a company based in Mexico.

All that makes it shocking the share price is as high as it is. I think the only reason the stock is so high is the constant F4s filed from the CEO along with the twitter pics and other "news". The proceeds from selling huge quantities of shares could be buying publicly buying much less share for a profit. Although his bio doesn't really suggest something like that.


I am watching for now mostly with just a tiny position. It's an entertaining penny stock at least.

Good luck.