Replies to post #1388 on ProGreen US Inc. (fka PGUS)

[kaylex13]

No dilution, no bid whacks

[powerbattles]

Amazing discoveries the Mexican land owner and joint ventures to developed generate a planned long-term income stream for ProGreen.
Let take a good look to see if we can unlock the mystery who is the Mexican land owner in BAJA CALIFORNIA.

On Oct 28, 2015, PGEI announce for a joint venture and/or purchase agreement for several thousand acres in Baja California, are presently under way with the Mexican land owner.

The proposed first phase of 1,000 acres, designated for agriculture use, would be developed to generate a planned long-term income stream for ProGreen. Further phases would contain resort, residential and commercial real estate properties, including 80 acres of beach front land, primarily aimed at the US retirement and vacation market.

Then on Tue, 05 Jan 2016 12:00:00 GMT ~ announce ProGreen Moves Closer to Execution of Property Deal In Mexico

[Marketwired] - PROGREEN PROPERTIES, INC. is pleased to announce that the discussions for a joint venture with a Mexican landowner in Baja California, as announced on October 28, 2015, have progressed very positively ...

read full: http://finance.yahoo.com/news/progreen-moves-closer-execution-property-120000225.html

Ok, now is getting more interesting. They follow with the announcement stated the progress very positively and expect to complete the acquisition of a first tract of land (approx. 300 acres), before February 15, 2016.

Now let take a good look what we have here. First let check out the Mexican land owner in Baja California. THE IMPACT OF BAJA'S FAST GROWING ECONOMY

The Mexican businessman Carlos Slim mentioned in a conference that the 10 states that are in the border between Mexico and the United States, represent the third economy of the World with more than 3 billion dollars. He also mentioned that the 6 Mexican states and the 4 American states integrate a market of 92 million people, with an income of 40,000 million dollars per year.

Keep in mind that to build the resort, residential and commercial real estate properties, including 80 acres of beach front land, primarily aimed at the US retirement and vacation market. This is involved in hundred million, even billions dollar investment, PGEI doesn't have that kind of working capital so who is our joint venture? Who is the Mexican land owner mention above? Who have the billion dollars to fund the projects? We don't have a clear information but base on all the articles indicated the Mexican businessman Carlos Slim. One of the World’s Richest Men Invests to Revamp the Loreto Bay Resort Project in Baja California.
This is similar relate to the company planing to build the resort, residential and commercial real estate properties, including 80 acres of beach front land, primarily aimed at the US retirement and vacation market. Therefore I strongly think the JOINT VENTURE with the Mexican land owner is the billionaire CARLOS SLIM, one of the richest men in the world.

One of the World’s Richest Men Invests to Revamp the Loreto Bay Resort Project in Baja California



Construction to Resume on Loreto Bay Condo Buildings PLUS: More Signs of Growth (Video)

Carlos Slim buys Loreto Bay resort

ProGreen negotiating Mexico property deal in Baja
by Latin Business Daily Reports | Friday, Oct 30, 2015 @ 2:38pm

Several thousand acres in Baja, Calif., are under discussion for a joint venture and/or purchase agreement from the land’s current owner by ProGreen Properties.

Expectations of generating long-term income for ProGreen are paramount to the transaction. ProGreen has proposed that the first phase, encompassing 1,000 acres, be designated for agriculture, with subsequent phases allotted for resort, residential and commercial real estate use, including 80 acres of desirable beachfront property targetable to the U.S. retirement and vacation market.
http://latinbusinessdaily.com/stories/510645929-progreen-negotiating-mexico-property-deal-in-baja

All above is IMHO.

PB: