After this first harvest is complete, I wonder if Jan is reconsidering the farming option for ProGreen to do it themselves? His early thoughts were that there was enormous profit in growing crops. Perhaps there is AFTER the initial fixed costs are absorbed. But it has taken a lot of money, financed with notes +25%, to make back this money (hopefully more than 25% profit).
Again , it appears in the videos that a lot of the land in the Arenoso Farm background has been prepared for planting but we've seen no mention of this in tweets or filings.
I hope Jan has gained enough information from this first harvest to decide ProGreen's future in farming whether it be DIY, lease out to a grower, or sell the developed acreage. The last thing anyone wants to see is all this time and money (financed by notes) result in a small amount of farming income due to unexpected variable costs. Small to me would be anything under 35% profit because you are paying 25% interest to note holders. I would hope that profit is 50% or greater.
