ProGreen US Inc. (fka PGUS)

[Davis_Elite]

Here are some things to think about for the notes and dates that you had in your post.

Here are some actual facts taken from the 10k if anyone is still interested. These are the remaining notes due:

PGUS is a "reporting" issuer, converted shares can be sold by the company after 180 days. These notes almost always state that the note holder may convert at any time. And they almost never convert until they are able to sell the shares immediately upon conversion. The point here is that these notes can and usually will be converted at 6 months after the date that the note was issued. The date payable or maturity date doesn't have anything to do with the conversion or free-selling elibility date which is 6 months after funding.

Effective on February 17, 2018, the Company issued Power Up Lending Group Ltd. a convertible note in the principal amount of $83,000, bearing interest at the rate of 12% per annum. The Convertible Note is payable, along with interest thereon on November 30, 2018. Eligible for free trading shares around August 17 (180 days after Feb 17) - is this 100% converted and shares sold by now?

On March 14, 2018, issued to Adar Bays, LLC an 8% Convertible Redeemable Note in the principal amount of $78,750 and due on March 12, 2019. In connection with the issuance of the Adar Bays Note, the Company issued two back end notes (“Back End Note”) each in the principal amount of $78,750, where the Company has the option to have Adar Bays fund the notes. Eligible for free trading shares around September 14 (180 days after Mar 14) - is this 100% converted and shares sold by now?

Effective on April 6, 2018, the Company issued a convertible note in the principal amount of $113,000, bearing interest at the rate of 12% per annum, to JSJ Investments Inc. The Maturity Date of the Note is April 6, 2019. Eligible for free trading shares around October 6 (180 days after Apr 6) - is this 100% converted and shares sold by now?

The Company issued on May 24, 2018 a 12% Fixed Convertible Promissory Note in the original principal amount of $105,000 due November 22, 2018 to Tangiers Global, LLC. — this one may have already converted judging by the filing released on 10/31.Eligible for free trading shares around November 24 (180 days after May 24)

You can see that after November, there will only be two notes left, assuming no new notes are taken out, which I really don’t think will happen. So essentially, we have about $400,000 left of debt to pay off in the next 5 to 6 months. In May, the company debt was over 2 Million. This is what Jan is referring to when he says the company is in a much better situation debt wise.From the conversion "eligibility" dates in red above, it SEEMS like there's only one note here that remains - including whatever hasn't yet converted from the others.

We don't know FOR SURE if the earlier notes have completely converted, either. Though maybe it seems likely that they have (earlier notes from Power-Up, Auctus, Bluehawk...)