andy55q Wednesday, 12/19/18 10:37:11 AM Re: None 0 Post # of 589 GroGenesis To GroGenesis shareholders and interested investors:
Just a quick update on your company and where we are at the end of 2018 and expectations for 2019.
GroGenesis has been in protracted negotiations with a country (TBA) for a significant order of AgraBurstPRO that requires governmental approval and a Letter of Credit. The Company anticipates final approvals in the near future, whereupon a press release will be issued. The Company expects to receive orders for AgraBurstPRO from two other country distributors in early 2019.
The Company has been approached by internet media (two sites) to conduct a interview with the CEO of GroGenesis. The Company has opted to wait to schedule these interviews until after a significant business development has been announced.
Green Markets by Bloomberg: Specialty Fertilizer Global Summit GroGenesis presented at the Green Markets Specialty Fertilizer Global Summit in New Orleans last week. The 3:10 PM presentation by GroGenesis can be accessed at:
Afternoon Sessions Presentations
GroGenesis was the third presentation in the afternoon sessions. As the day progressed, it became clear that the fertilizer industry understands that there is a compelling need to focus on reducing inputs (for cost and environmental reasons) and increase crop yields to address the population growth that is expected by 2050. There was also discussion on the rise in demand for organic foods and the willingness by the consumer to pay more for "healthier" foods.
After the presentation, we were approached by more than twenty attendees representing:
fertilizer and adjuvant manufacturers,
agricultural distributors and
turf /lawn distributors
who requested followup for potential side-by-side field testing with AgraBurstPRO and their products. The Company has already been contacted in the past three days by five (5) companies for additional information on AgraBurstPRO.
AgraBurstPRO Field Testing
As previously disclosed, the master distributor in Central and South America (Vita-Agro S.A.S.) is currently conducting a 1,000 hectare (2,472 acres) AgraBurstPRO field test with plantains and a 400 hectare (988 acres) field test on organic rice. Both these field tests are revenue-generating for Vita-Agro.
In Myanmar (Burma), field trials were conducted on rice as a preliminary requirement for an import license from the Myanmar Agriculture Ministry. The cellphone video accessible below is an impromptu reaction by farm workers to the obvious positive AgraBurstPRO effects:
Farm Bill and Hemp Legalization As reported by NBC News, "The bill, awaiting President Trump's signature, opens the door to state-by-state regulation, removes hemp, which is part of the cannabis plant family, from the federal enforcement of outlaw drugs and gives hemp farmers access to banking, crop insurance and federal grants, experts said. That could open the industry, which produces therapeutic cannabidiol (CBD), fabric, rope and even ethanol, to a wave of investment." (https://www.nbcnews.com/news/us-news/hemp-industry-expected-blossom-under-new-farm-bill-n947791). The Company believes that the industrial hemp cultivation market will develop into a significant and lucrative opportunity for GroGenesis and AgraBurstPRO. There are no broadly adopted cultivation protocols for hemp in the US which provides the Company a unique opportunity to present AgraBurstPRO to new hemp growers.
GroGenesis has already been in contact with university professors conducting hemp research in anticipation of federal legalization of hemp with the focus on initiating small greenhouse field tests on hemp cultivation with AgraBurstPRO.
Lastly, GroGenesis shareholders and interested investors are encouraged to "LIKE" the Facebook page for GroGenesis for insights into GroGenesis's business plan and agriculture industry trends.
In closing, GroGenesis management looks forward to 2019 after a year of unscheduled delays in expected orders that required the Company to "jump through hoops" to satisfy the regulatory demands of certain countries. As can be determined from this update, the Company has not been idle in advancing its business plan to introduce AgraBurstPRO into the cash crop and food crop markets, in addition to entering promising markets in turf and hemp.
GroGenesis management thanks all shareholders for their patience and continuing support.
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