ProGreen US Inc. (fka PGUS)

[benlurkn]

With the T-trade today that brings the total up to about 7.6M shares sold into the float Thursday, Tuesday and today. If Power UP converted all their shares right away they should be about done right now. If they converted only those first 2.3M and then reset the formula using .01 as new low they would have probably close to 2M more to sell. Either way we are about done with this fire sale. Less than a 3% increase in the OS of PGUS led to almost a 50% reduction in price. That is crazy and should soon correct! Overall I think we are being a little too hard on Jan for this little miss-step when you stop to think of all the things he has done so smartly for us shareholders over this past year. This low price hurts when looking at my portfolio balance but I have used it to control a greater percentage of the float now than before. I believe we all will be happy very shortly. When you think about it even though the share price has been sickly the fundamentals of PGUS have never been stronger!

IMHO