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...

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...

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 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...

Summary of Business Activities in Baja

The company has recently committed to a shift in direction of its focus. ProGreen will now be concentrating its resources exclusively on Baja California projects. At this time, we do not anticipate investing further in Michigan, because the opportunities in Baja are...