Baja Agriculture Update

Baja Agriculture Update Our JV partner Inmobiliaria Contel (Contel) has over the past several months conducted due diligence on verticals in the produce farming supply chain in Baja California. Contel has now established a channel to the US market that allows them to...

Baja Update

During my latest visit to Baja California, I looked deeper into opportunities for ProGreenUS real estate investments in the Ensenada area. As we continue with – and plan to accelerate – work on the agricultural land development projects further South, I...

Baja Business Update

I would like to inform the public on the following as a result of my trip to Baja last week. As announced in June, the company ProCon Baja JV (ProCon) was formed as a Joint Venture between Inmobiliaria Contel (49%) and ProGreen (51%), with ProGreen in effect...

Baja Business Update

We are negotiating with several interested parties for the sale of the first 300 acres. We anticipate to see a healthy return of an estimated 50% for ProGreen on the approx. $300k of total investment, after first fully recuperating the initial investment. Though there...

Progress into New 12,000 Acres

As an update on progress into the new 12,000 acres of land, we would like to inform our shareholders and public at large that on Friday July 29th we completed the 11 miles of road to make the property more accessible. We will continue to release updates on progress as...

Baja Update

The water flow from the drilled wells have broken all expectations and we now need to bring in larger pumps in order to get accurate volume readings. The water quality itself has been presented for analysis and so far we have the result from the first well, which...