Latest Progreen Properties (PGEI) Headlines
OTC Daily Alert Stock Watch - ProGreen Properties, Inc. (OTCQB: PGEI)
WorldStockWire - Fri Aug 16, 6:15PM CDT
OTC Daily Alert tracks stocks daily and is pleased to offer features on public companies. Investors can receive FREE Stock Alerts and company news and profiles by visiting OTC Daily Alert at the following: http://www.otcdailyalert.com
Progreen Executes An Agreement With American Residential Fastigheter Ab
ACCESSWIRE - Tue Jul 23, 6:06AM CDT
Birmingham, Michigan, July 23, 2013 (eTeligis via ACCESSWIRE)- ProGreen Properties, Inc. (ProGreen) (OTCQB
GEI), is pleased to announce having signed the definitive agreement with American Residential Fastigheter AB (ARF), which has acquired 100% of American Residential Gap ApS, a Danish company that has previously purchased investment properties from ProGreen. The agreement provides for an initial round of funding of up to $3,000,000. The funds will be used to provide 100% property acquisition and refurbishment financing.
ProGreen Signs a $3,000,000 Investment MOU With Swedish Company
Marketwire - Wed Mar 13, 6:00AM CDT
ProGreen Properties, Inc. (ProGreen) (OTCQB: PGEI) -- ProGreen is pleased to announce that the company has signed a Memorandum of Understanding (MOU) with Futura Fastigheter AB (Futura), subject to execution of the definitive agreement, expected to be signed within the next four weeks. Futura is a Swedish investment company which has been set up exclusively for the purpose of investing in income producing residential properties with ProGreen and expects to make its first investment of up to $3,000,000 before the summer with a second larger round planned for this fall. The investments by Futura will be used as capital for ProGreen to cover the cost of acquisition and refurbishment of potential investment properties. Once refurbishment has been completed and the property has been leased to a suitable tenant, Futura will acquire the property from ProGreen but ProGreen will maintain the property management.
ProGreen Completes Another Sale to American Residential Gap (ARG)
Marketwire - Wed Mar 06, 6:00AM CST
ProGreen Properties, Inc. (ProGreen) (OTCQB: PGEI) acquired its first Single Family Residence (SFR) on January 21, 2013. After completing a major refurbishment of the property, a suitable tenant was found, signed a two year lease and moved in during the last week of February. The property was sold to ARG on March 1. The very short turn-around time from purchase to completed sale of just over 5 weeks, is showing that ProGreen is now prepared and ready to expand at a faster pace.
ProGreen Strengthens Management Team
Marketwire - Wed Jan 23, 6:00AM CST
ProGreen Properties, Inc. (ProGreen) (OTCQB: PGEI) is pleased to announce the appointment of David Stock as Financial Controller. Mr. Stock's joining the company is a first step of the implementation of the previously announced plan of strenghening the company's management. He is a Michigan born and bred CPA with over 20 years of experience and comes highly qualified for the position. Initially he will be working part time, but it is our intention that he will transition to full time later on in the year and then as CFO.
ProGreen Completes Another Sale to American Residential GAP
Marketwire - Wed Jan 02, 6:00AM CST
ProGreen Properties, Inc. (ProGreen) (OTCQB: PGEI) announced in November, that American Residential GAP ApS (ARG) initiated its second round of acqusitions of fully managed investment properties from ProGreen. A smaller property sale was closed in November, and ProGreen is now pleased to announce that an additional sale was finalized just before Christmas.
OTC Daily Alert Stock Watch - ProGreen Properties, Inc. (OTCQB: PGEI)
WorldStockWire - Fri Aug 16, 6:15PM CDT
OTC Daily Alert tracks stocks daily and is pleased to offer features on public companies. Investors can receive FREE Stock Alerts and company news and profiles by visiting OTC Daily Alert at the following: http://www.otcdailyalert.com
Progreen Executes An Agreement With American Residential Fastigheter Ab
ACCESSWIRE - Tue Jul 23, 6:06AM CDT
Birmingham, Michigan, July 23, 2013 (eTeligis via ACCESSWIRE)- ProGreen Properties, Inc. (ProGreen) (OTCQB
GEI), is pleased to announce having signed the definitive agreement with American Residential Fastigheter AB (ARF), which has acquired 100% of American Residential Gap ApS, a Danish company that has previously purchased investment properties from ProGreen. The agreement provides for an initial round of funding of up to $3,000,000. The funds will be used to provide 100% property acquisition and refurbishment financing. ProGreen Signs a $3,000,000 Investment MOU With Swedish Company
Marketwire - Wed Mar 13, 6:00AM CDT
ProGreen Properties, Inc. (ProGreen) (OTCQB: PGEI) -- ProGreen is pleased to announce that the company has signed a Memorandum of Understanding (MOU) with Futura Fastigheter AB (Futura), subject to execution of the definitive agreement, expected to be signed within the next four weeks. Futura is a Swedish investment company which has been set up exclusively for the purpose of investing in income producing residential properties with ProGreen and expects to make its first investment of up to $3,000,000 before the summer with a second larger round planned for this fall. The investments by Futura will be used as capital for ProGreen to cover the cost of acquisition and refurbishment of potential investment properties. Once refurbishment has been completed and the property has been leased to a suitable tenant, Futura will acquire the property from ProGreen but ProGreen will maintain the property management.
ProGreen Completes Another Sale to American Residential Gap (ARG)
Marketwire - Wed Mar 06, 6:00AM CST
ProGreen Properties, Inc. (ProGreen) (OTCQB: PGEI) acquired its first Single Family Residence (SFR) on January 21, 2013. After completing a major refurbishment of the property, a suitable tenant was found, signed a two year lease and moved in during the last week of February. The property was sold to ARG on March 1. The very short turn-around time from purchase to completed sale of just over 5 weeks, is showing that ProGreen is now prepared and ready to expand at a faster pace.
ProGreen Strengthens Management Team
Marketwire - Wed Jan 23, 6:00AM CST
ProGreen Properties, Inc. (ProGreen) (OTCQB: PGEI) is pleased to announce the appointment of David Stock as Financial Controller. Mr. Stock's joining the company is a first step of the implementation of the previously announced plan of strenghening the company's management. He is a Michigan born and bred CPA with over 20 years of experience and comes highly qualified for the position. Initially he will be working part time, but it is our intention that he will transition to full time later on in the year and then as CFO.
ProGreen Completes Another Sale to American Residential GAP
Marketwire - Wed Jan 02, 6:00AM CST
ProGreen Properties, Inc. (ProGreen) (OTCQB: PGEI) announced in November, that American Residential GAP ApS (ARG) initiated its second round of acqusitions of fully managed investment properties from ProGreen. A smaller property sale was closed in November, and ProGreen is now pleased to announce that an additional sale was finalized just before Christmas.
