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Re: Bobinsd post# 508

Tuesday, 10/30/2018 3:09:20 PM

Tuesday, October 30, 2018 3:09:20 PM

Post# of 623
I got this e-mail update from GroGenesis this morning. Wonder how many people get these?

(I highlighted a few points. Looks like these field test are paid for. Also, these trials are much larger than I thought they have been doing. In my mind, that means that this is the last step BEFORE major orders from these farmers. You do not do that large a test--hundred of acres--unless you are half sold and need that extra validation before buying big time. JMO)
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To GroGenesis shareholders and interested investors:

Vita-Agro S.A. S., the master distributor for GroGenesis in Central and South America, has been contractedto conduct two large field trials in the provinces of Belen de Bajira, Chigorodo and Apartado.

A field test totaling 1,000 acre (2,472 acres)with AgraBurstPRO is on plantains as a potential prelude for larger future orders. The plantain crop represents 9.7% of the total annual agricultural production value of Colombia. Annual production of plantains is approximately three (3) million tons with 380,000 hectares under cultivation.

The second field test is on 400 hectares (988 acres) to assess the yield improvement with AgraBurstPRO on 100% organic rice. An undisclosed minimum yield improvement in this large field test is anticipated to result in significant future orders of AgraBurstPRO for Vita-Agro and GroGenesis. The average crop yield of rice in Columbia in 2017 was 2.88 metric tons per hectare. Colombia had 681,000 hectares of rice under cultivation in 2017.


For your information,

Investor Relations for GroGenesis
(605) 836-3100
Info@GroGenesis.com


GroGenesis on Facebook

https://www.facebook.com/GroGenesis/


Organic and non-GMO Agriculture

https://www.facebook.com/groups/218657712233033/


Notice Regarding Forward-Looking Statements:

This e-mail communication contains forward-looking statements that involve substantial uncertainties and risks. These forward-looking statements are based upon the Company's current expectations, estimates and projections and reflect management's beliefs and assumptions based upon information available to the Company at the date of this release. The Company cautions readers that forward-looking statements are predictions based on its current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. The Company's actual results, performance or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including but not limited to, the development of the Company's products, limited financial resources, ability to raise the working capital needed to fund the expansion of our current and future distribution commitments, ability to retain key employees and our competitors' ability to develop better or less expensive alternatives to our products, in addition to the risks and uncertainties discussed under the heading "Risk Factors" in Item 1 of the Annual Report on Form 10-K for the fiscal year ended May 31, 2016, and in other filings with the Securities and Exchange Commission. The Company undertakes no obligation to revise or update any forward-looking statement for any reason.

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