ProGreen US Inc. (fka PGUS)

[Davis_Elite]

I looked into this Huy Fong company some more and I'm getting excited, getting them onboard to buy our peppers would be all we need to chew up something like half of the 4000-5000 farmable acres we've got available. We'd have HUGE growth for the next 10 years just from Huy Fong's demand!!!

To me, it looks like there's a pretty good chance that Jan & Co down there got wind of something earlier this year. Maybe this is why the rush to get the peppers rolling - AND testing the different types:

https://www.nbcnews.com/news/asian-america/sriracha-sauce-maker-huy-fong-foods-sues-its-chili-pepper-n798061

From 2008 through 2016, Huy Fong bought $190,000,000 in red jalapenos from there long-time supplier - a single grower in California - including $30,000,000 just in 2016. Apparently there's been a falling out after a 30 year relationship.

Man, we have a proven operation now, AND a demonstrated HIGH-YIELD PEPPER, AND enough land to expand almost indefinitely! What PERFECT timing! (almost like it there was "method to the madness" this year???)

I was really wishing that all 6 pepper types would have been productive so we would have had the best revenue situation this year - that would have been best for projecting years forward. But if we get a deal with Huy Fong to supply for Sriracha, who CARES about this year - THIS is our YEAR, right here!!! I came across something that said they go through something like 100 million pounds of peppers a year, and somewhere else that said it was even higher. And in one of the articles (or in the movie below maybe) it was said that the original supplier was farming something like 1,500 acres of peppers for Huy Fong. There's $30M+ annual demand in front of us if we can into Huy Fong!!!

Sriracha - THE MOVIE [must watch from 30:00 to 31:00]

(this is a FREE director's cut / commentary in the foreground)
http://srirachamovie.com/ - costs $2.99 to watch this [it's worth it to see this for the discussions with David Tran, the founder]

They use 200,000 of those blue drums to store the ground pepper mash for use throughout the year. In a 650,000 sq ft plant.

Here's a video from the Huy Fong Foods website: http://www.huyfong.com/projects/how-sriracha-is-made/