2016-05-31 07:00:52 BUSINESS UPDATE

In response to the many emails and phone calls we have received regarding earlier announced investment opportunities in Oklahoma, we would like the clarify the following: The initial property presented to us for a potential development of sustainable solar homes proved unsuitable due to zoning and planning problems, etc. We are looking at other possibilities in the area and are also searching for a suitable builder/contractor to partner up with. However, our priority at this time, is set on our investments in Mexico, where we see the real opportunity to create a sustainable long term income for PROGREEN, that will give the company a stable platform for future expansion into other projects, both in Mexico as well as in the US.