ProGreen US Inc. (fka PGUS)

[INSTATRADER]

PGUS DD



RECENT NEWS

CBRE APPRAISES CIELO MAR LAND "AS IS" AT $42M

https://www.prnewswire.com/news-releases/cbre-appraisal-values-cielo-mar-land-at-42m-300617428.html


PGUS PUBLISHES PREVIEW OF CIELO MAR DEVELOPMENT PLAN
https://www.otcmarkets.com/stock/PGUS/news/ProGreen-publishes-preview-of-Cielo-Mar-development-plan?id=184412

PGUS RETAINS CBRE TO APPRAISE 5 MILES OF OCEANFRONT LAND AT CIELO MAR
https://www.otcmarkets.com/stock/PGUS/news/ProGreen-Retains-CBRE-for-Cielo-Mar-Property-Appraisal?id=181775&b=y

PGUS ANNOUNCES SUPPLY AGREEMENT WITH HUY FONG FOODS INC/b]
http://www.otcmarkets.com/stock/PGUS/news/ProGreen-Announces-Supply-Agreement-For-Sriracha-Hot-Sauce-Producer--Huy-Fong-Foods--Inc-?id=177596&b=y



PGUS ANNOUNCES $10M NON-DILUTIVE FINANCING PLAN
http://www.otcmarkets.com/stock/PGUS/news/ProGreen-announces--10M-secured-financing-plan?id=178619&b=y

PROCON ENTERS AGREEMENT WITH ESTRADA ON 5000 ACRE CIELO MAR MASTER PLAN
http://www.otcmarkets.com/stock/PGUS/news/PROCON-enters-into-an-agreement-with-ESTRADA?id=179543&b=y

PGUS ANNOUNCES MAJOR 2018-2019 EXPANSION PLANS
http://www.otcmarkets.com/stock/PGUS/news/ProGreen-releases-ProGreen-Farms-trade--expansion-plan-for-2018-2019?id=178355&b=y

PGUS ANNOUNCES ARCHITECTURAL D&B COMPANY TO JOIN CIELO MAR TEAM
http://www.otcmarkets.com/stock/PGUS/news/Architectural-Design-and-Building-Company-to-join-Team-Cielo-Mar?id=178227&b=y

PGUS FORMS SUBSIDIARY FOR DIRECT SALES OF PRODUCE TO THE US
http://www.otcmarkets.com/stock/PGUS/news/ProGreen-Forms-Subsidiary-for-Direct-Sales-of-ProGreen-Farms-Fresh-Produce-to-the-U-S-?id=177346&b=y

PGUS PAYS DOWN NOTE IN CASH - SPEEDING UP BAJA PROJECTS
http://www.otcmarkets.com/stock/PGUS/news/ProGreen-completes-debt-payment--and-turns-focus-to-speeding-up-its-Baja-California-projects?id=177190&b=y

PGUS IN ADVANCED DISCUSSIONS WITH HOUSEHOLD NAME US BUYER FOR PROGREEN FARMS PRODUCE
http://www.otcmarkets.com/stock/PGUS/news/ProGreen-In-Advanced-Discussions-With-U-S--Buyer-For-ProGreen-Farms-Produce?id=175269&b=y

PGUS INITITES EXPORT/IMPORT OF PROGREEN FARMS PRODUCE TO THE USA
http://www.otcmarkets.com/stock/PGUS/news/ProGreen-Initiates-Export-Import-of-ProGreen-Farms-Produce-to-the-US?id=174829&b=y

PGUS PUBLISHES CIELO MAR PODCAST OUTLINING SOME OF ITS MAJOR AMENITIES
http://www.otcmarkets.com/stock/PGUS/news/ProGreen-Publishes-CieloMar-Video-Podcast?id=173820&b=y

PGUS DISCUSSES MASTER PLAN IN UPTICK INTERVIEW
http://www.otcmarkets.com/stock/PGUS/news/CEO-Jan-Telander-Interviews-with-Uptick-Network-Discussing-the-Current-Real-Estate-Developments-Master-Plan?id=167335&b=y

PGUS ANNOUNCES FIRST HARVEST UNDERWAY IN SUCCESSFUL FARMING OPERATIONS
http://www.otcmarkets.com/stock/PGUS/news/ProGreenUS-Contel-Showcases-Successful-Farming-Operation-at-ProGreen-Farms-TM--Arenoso--With-First-Harvest-Underway?id=167196&b=y

PGUS ANNOUNCES SCALED UP PHASE I PLANS FOR CIELO MAR
http://www.otcmarkets.com/stock/PGUS/news/ProGreen-Scales-Up-Phase-I-Plans-for-Cielo-Mar-Development?id=166630&b=y

PGUS ANNOUNCES 2ND RESERVATION OFFER AFTER SELLING OUT 25 LOTS
http://www.otcmarkets.com/stock/PGUS/news/ProGreen-Launches-2nd-Offer-For-Cielo-Mar-Lot-Reservations?id=165958&b=y

PGUS ANNOUNCES MOVE TO SAN DIEGO TO BE CLOSER TO MEXICO OPERATIONS
http://www.otcmarkets.com/stock/PGUS/news/ProGreen-Establishes-West-Coast-Offices-with-Move-to-San-Diego?id=165480&b=y

PGUS ANNOUNCES HIRING OF CFO WITH BROAD PUBLIC COMPANY EXPERIENCE
http://www.otcmarkets.com/stock/PGUS/news/ProGreen-Hires-Chief-Financial-Officer-with-Broad-Public-Company-Experience?id=161818&b=y

PGUS ANNOUNCES CASH SETTLEMENT OF NOTE
http://www.otcmarkets.com/stock/PGUS/news/ProGreen-Announces-Cash-Settlement-of-Note-and-Sale-of-Michigan-Properties?id=165089&b=y

PGUS ANNOUNCES THE LAUNCH OF ITS NEW WEBSITE
http://www.otcmarkets.com/stock/PGUS/news/ProGreen-Launches-New-Company-Website?id=160363&b=y

OTCMARKETS... PGUS NEWS - PROFILE - INSIDER TRANSACTIONS – TWITTER FEED:
http://www.otcmarkets.com/stock/PGUS/news
http://www.otcmarkets.com/stock/PGUS/profile
http://www.otcmarkets.com/stock/PGUS/insider-transactions
https://twitter.com/ProGreenUS

CEO INTERVIEWS
https://www.youtube.com/watch?v=cDrSxs1g2iA
https://www.youtube.com/watch?v=TlGksXNWBhg

INVESTOR PAGE FROM WEBSITE
http://www.progreenus.com/investors.html

WEBSITE FOR 5000 ACRE - 7000 UNIT DEVELOPMENT RESERVATIONS JUST NOW UNDERWAY
https://www.cielomarbaja.com/first-reservation-offer/

PGUS OPERATES IN 2 INDUSTRIES – REAL ESTATE (WATERFRONT RESORT COMMUNITY) and AGRICULTURE (FARMING)
MAIN SOURCE OF INCOME ON THE AGRICULTURE SIDE WILL COME FROM HERE:…
http://www.otcmarkets.com/stock/PGUS/news/ProGreen-Announces-Supply-Agreement-For-Sriracha-Hot-Sauce-Producer--Huy-Fong-Foods--Inc-?id=177596&b=y
MAIN SOURCE OF FUNDING FOR THE REAL ESTATE SIDE WILL COME FROM HERE
http://www.otcmarkets.com/stock/PGUS/news/ProGreen-announces--10M-secured-financing-plan?id=178619&b=y



About ProGreen US, Inc. & CEO Jan Telander ProGreen US, Inc.

(ProGreen), (OTCQB: PGUS), www.ProGreenUS.com, @ProGreenUS, is a US company engaged primarily with investments in agricultural and real estate projects in Baja California, Mexico, both through its joint venture partnership with Inmobiliaria Contel S.R.L.C.V. (Contel) and through its majorityowned Mexican subsidiary Procon Baja JV (Procon). Until 2016, the company was called ProGreen Properties, Inc., and was engaged in the business of acquiring, refurbishing and upgrading residential real estate into modern affordable homes, some being aimed at the local real estate market and some sold to European Property Investors. The company's name was changed effective July 22, 2016 to ProGreen US, Inc., "…to better reflect the expansion of the company's business activities going forward, investment in agriculture land in Baja California, further planning for residential and commercial real estate developments in the area, with integration of advanced solar technology." The ticker symbol was also changed, from PGEI to PGUS. Prior to ProGreen, Jan had been a property developer in Spain for nearly 40 years, had built several developments with his brother, Ulf, having built and sold over 500 properties. Jan was also a founder of the Swedish solar products manufacturer, SolTech Energy Sweden AB (SOLT:FN Stockholm).

Agriculture – Business Unit Joint venture (JV) agreements between ProGreen and Contel provide for Contel to contribute the land to the joint venture, as well as handling all planning, permits, preparation and construction, in order for the property to be worked, leased or sold as prime farm land. ProGreen is responsible for providing the financing. ProGreen receives with priority the return of the financed amount, from all revenue received, after which the profits are split equally between the two parties. Through the JV agreements with Contel, ProGreen controls nearly 14,000 acres of agricultural land in Baja, including 2,200 acres plus a 3-year option on the remaining 11,500 acres. Of the total agricultural land, ProGreen expects between 4,000 to 5,000 acres may be suitable for farming, depending on the availability of water. Some of the large remainder of the land – which could be 9,000 to 10,000 acres – will potentially be used for commercial and residential real estate in direct support of the farming operations and for the local economy and industry that may develop over time as a result of these operations. Four wells have been drilled on the first tract, producing an abundance of water. Contel has begun their growing operation with a first produce purchase agreement for $1.1M - $1.3M for red chile peppers - from Agricola El Consuela, an exporter/importer to the U.S. market – which is being grown on the first 100 acres. The profit margin on this first crop is expected to be in the range of 55-60%. ProGreen has stated goals for Contel to increase the growing operation to 400 acres in 2018, 800 acres in 2019, and 1,200 acres in 2020.

Real Estate – Business Unit ProGreen's Mexican subsidiary, Procon, has purchased a tract of land near the town of El Rosario in Baja that covers a total area of approximately 5,000 acres with 4.7 miles of oceanfront. A Master Plan is being created for a very large resort-type retirement and vacation community called "Cielo Mar" that will cover all of this land. Translated into English, Cielo means "heaven" and Mar means "sea." The Cielo Mar planned community will be "heaven by the sea." The first phase of the development of the master plan is underway, and… Cielo Mar – The Community Cielo Mar will be a totally green, all-solar gated community, and will likely include the following, (which can be confirmed only when the master plan is completed): • Single Family Residences – est. 7,000 lots • Condominium Developments, Several – est. 3,000 units • Hotels, several – est. 3,000 rooms • Marina - for leisure craft • Golf Courses – 3 expected • Sports & Tennis Center • Bike, Hiking & Walking Trails • Green Areas & Parks • Museum • Equestrian Center • Beach Club • Commercial Center • Fiber Optic High Speed Internet • Water Reservoirs • Sewage Plants Cielo Mar Initial Market Introduction Offer The general plan is to select an initial small part of the land which will be the first phase of the development, to be completed with all infrastructure, i.e. water, sewage, tarmacked roads, street lighting, etc. This first phase will then serve as a reference for the rest of the development. With this first phase, the initial market offering will be for accepting "reservations" on A (premium), B and C lots, for example, for early buyers to be able to make final selection of their property locations once the master plan has been completed. The offer for these early reservations will come under the most attractive terms, and will allow early buyers to have preference in the selection of sites. This offer is expected to be made available before the end of March (2017). Cielo Mar Website An initial website for the Cielo Mar community will soon be launched, where the public will be able to follow the progress of this planned community. The initial market introduction offer for reservations will be included on the site, when launched.

Management Team for Cielo Mar Development - Alejandro Espinoza Arroyo will be joining Procon as General Manager for the Cielo Mar development in April of this year. He is currently working as a consultant to Procon, overseeing the production of the topographical plan that is required for creating the Master Plan. Alejandro is an accomplished Civil Engineer who has managed 750 construction projects and 500 public tenders, covering a diverse range of development work for the Municipality of Ensenada, which takes up the majority of the state of Baja California. He was also the Plan Manager for Housing and Topography for all of the area within the municipalities of Tijuana, Tecate, and Rosarito Beaches for several years. In addition to his years of service as a large-scale Plan Manager and Project Manager, Alejandro is a well-known chronicler and historian of El Rosario, Baja California and the surrounding region. About Contel Jan Telander, President and CEO of ProGreen, has a partnership interest and participates in the management of Contel, which was formed in early 2016. Contel is a partnership between Jan and Flavio Contreras Espinoza, representing an extended family of Mexican land owners. The intent with Jan's interest in Contel was to provide a suitable entity with which to involve ProGreen for the development of properties in Baja. ProGreen cannot own agricultural properties under Mexican law, though Jan's partnership interest in Contel provides a level of control with final signing authority, per the partnership agreement. About Procon Baja JV Procon is ProGreen's joint venture subsidiary with Contel, and is owned by ProGreen (51%) and Contel (49%) jointly. The company is managed by a board of Managing Directors consisting of three members, two representing ProGreen and one representing Contel. At least two Managing Directors approval is needed for management decisions or major financial transactions, giving ProGreen full operational control. Procon is the holding company for the real estate land acquired for the Cielo Mar development. Business Development Timeline The Baja California, Mexico Map Image to the left shows the key location references for the Business Development Timeline below. The planned community, Cielo Mar, and the agricultural land controlled by the company are in relatively close proximity to El Rosario, approximately 150 miles south of Ensenada. The first ProGreen Farm, Arenoso, is on the main road called the Transpeninsular Highway, Highway 1. The Business Development Timeline below shows from the bottom starting in 2015 how both the Real Estate and the Agricultural business segments have developed until now, and looking forward. The Baja projects began with early investigation and due diligence into an opportunity presented by Mexican land owners with whom the company made contact, regarding options for monetizing their land.

OTCQB Listed - As of 9/15/16

Share Structure and Ownership...
- A/S = 1.25B
- O/S = 373M
- Restricted = 119M
- CEO = 23.4M - Recent purchases, latest Form 4 filed 3/27//17
- Free Float = 231M - REDUCED, from recent CEO purchases
- CEO & Control Shareholders assumed debt and subscribed to preferred shares to inject funds, totaling ~$1M investment in February 2016.
- CEO is accumulating shares, buying up the float, purchased over 23M shares on open market in 2016-2017 - free float is shrinking.
- Free Float is being held tight and getting tighter: Many long investors holding strong positions, new long investors starting and building strong positions.


The Cielo Mar Plan

GATED COMMUNITY, WITH ON-SITE SECURITY AND SECURITY CAMERAS THROUGHOUT THE DEVELOPMENT, MONITORED 24/7
TOTAL GREEN DEVELOPMENT
SOLAR POWER ONLY WITHOUT HOOKUP TO GRID
NOW STARTING WORKING ON MASTER PLAN – TOPOGRAPHIC PLAN
CHANGING LAND PERMISSION FROM RUSTIC TO DEVELOPMENT

We are planning to start taking reservations for individual lots for the first phase even before the master plan is completed as there is already demand.

We will be offering initial buyers very favorable pricing as they will in effect be partners.

Details will be presented in the Cielo Mar website due to be launched soon

As far as the condos, hotels and golf courses, marina etc, we intend to attract outside property investors and developers

With the commercial properties, we have various alternatives but the most likely is to lease the properties and create residual income

Sale of individual SF lots, there will be:

A- lots, B-lots, C-lots, with A-lots starting at the oceanfront pricing will vary with front line lots at a premium

We will do a first phase of 50-100 lots which will serve as reference for the rest of the development

Here we will also offer very attractive deals for people that will build early

We intend to market Cielo Mar very aggressively

Having been a property developer for most of my life, I want to express that this development is the most exciting project that I have ever been involved with," said Jan Telander, President and CEO.


Funding Growth & Operations…
- High quality PIPE financing to fund Baja and other projects - $5M equity line agreement: requires S-1 registration(DONE)/effect... which requires high-quality OTCQB listing status(DONE)
- Assets being monetized in Michigan
- First 300-acre land tract in Baja for growing operation
- Oceanfront land acquisition 4550 acres


PGUS is a MAJOR GROWTH STORY..
Easy communication with management
Profits to begin in 2018

PGUS - $42M "AS IS" CIELO MAR CBRE APPRAISAL

Today PGUS turned the corner IMO...

We hired the TOP FIRM in the WORLD to get this right - CBRE

I spoke to JAN, the appraisal was expensive but well worth it.

This appraisal is much of what a bank will use to determine whether to lend on the project. - PR BELOW. THE ACTUAL APPRAISAL FORTHCOMING
https://www.prnewswire.com/news-releases/cbre-appraisal-values-cielo-mar-land-at-42m-300617428.html

CBRE CREDIBILITY makes the $42M VALUE LEGIT - Look at these guys:
https://www.marketwatch.com/investing/stock/cbre

GLOBAL COMPANY


USA PRESENCE


HERE IS WHAT THEY ARE DOING WITH THIS APPRAISAL
http://www.cbre.us/real-estate-services/directory/valuation-and-advisory-services





PGUS CLOSED AT .0371 TODAY. THAT PUTS US AT A MARKET CAP OF JUST $13.8M

$42M CBRE APPRAISAL puts us a 3 BAGGER FROM HERE!

AGAIN THATS JUST FOR THE LAND IN 1/2 THIS COMPANY! .10

CBRE CREDIBILITY will unlock NON DILUTIVE FINANCING (backed by the project) in the form of a LOC (LINE OF CREDIT) the company can draw from as cash is needed, and interest is only derived from cash used, not the entire line. WIN/WIN

IMO with a $42M value - an LOC of $10M to $20M is possible.

DOMINOS

Once we get this LOC the dominos begin to fall.... $ to build out basics like roads and first buildings - power - water - ETC lead to next dominos like model homes and 1st major construction.

LOT SALES will gain momentum and those funds will fuel the growth of the entire project step by step.

IMO overall value of this company is .20 a share TODAY, and that number is always moving.

Take a 30,000 ft view of whats going on here.
Growing RAPIDLY
Increasing Revenue streams - FARMING - DEVELOPMENT
CEO Respects shareholders
HEAVY INSIDER BUYING ON THE OPEN MARKET!!
http://archive.fast-edgar.com//20170327/AB2T5G2CL222TZ22222Q2ZX26NO9Z222O292/

O/S ~373M
A/S 1.25B


INVEST WISELY