GroGenesis, Inc. (fka GROG)

[oxnous]

Called the company up and someone answered right away. I asked about orders and got the impression that they are expecting a number of orders (revenues). But no PR will happen until they receive payment and ship. I asked what was taking so long. Said that some distributors had applied for AgraBurstPRO to be registered (required) in whatever the country where the distributor. Specifically mentioned Bangladesh as an example.

Said that the company anticipates orders quickly following after registrations or import license are received.

He underscored there are no guarantees--just informed expectations. (IMO,a CYA comment).

Offered that the field trials being done in the US are going well--with yield results expected after harvest in a month or so. Specifically, soybean, corn and rice.

Betting that the reason the filing is late is because the filing fees and accounting fees will be paid out of any forthcoming orders. Asked why not raise money directly with investors. Said they do not want to be diluting at these levels.

That's all I go. Basically was much more encouraged, but will wait for news before I buy more. And I bet I m not the only one doing the same.

Have a great weekend.