Business Update

Business Update

We have the following update, regarding the Power Up convertible note issued on February 21 that we had taken on as part of the company’s bridge financing for our investment in the Arenoso farming operation. We made a partial payment for one half of the note...
Business Update

Business Update

A few short notes… We have just released a new employee stock option plan, as seen in the recent 8k filing. The earlier plan that we had, expired without any options being issued. We are now entering a real growth phase for the company, and need to be able to...

2016-05-04 12:29:01 UPDATE

CEO TRAVELLING TO BAJA TO TRY TO FINALIZE A FRAME AGREEMENT FOR SEVERAL TRACTS OF LAND THAT WILL NOW LIKEY TOTAL OVER 10,000 ACRES. FURTHER UPDATE WILL BE POSTED WHILE IN BAJA NEXT WEEK.

2016-05-12 07:33:19 UPDATE

AS A QUICK UPDATE FROM BAJA, WE ARE HAPPY TO REPORT THAT EVERYTHING IS PROGRESSING WELL AND ACCORDING TO PLAN HERE IN MEXICO AND WE EXPECT TO BE ABLE TO PUBLICIZE A PRESS RELEASE NEXT WEEK OUTLINING MORE DETAILS OF THE PROGRESS OF THE DEVELOPMENT WITH OUR JOINT...

2016-05-17 09:06:29 CLARIFICATION

As clarification to questions related to the press release earlier today, we would like to state the following: The first JV, announced in February, had a PROGREEN funding requirement of up to $300K. The JV announced today has PROGREEN funding requirement of up to...

2016-05-26 10:14:32 MEXICO DATE

ProGreen is now in the process of setting up a Joint Venture subsidiary in Mexico, where ProGreen will own 51% and Contel 49%. This will enable us to bring assets on to the balance sheet for the land reflected in the latest press release.