Progreen Properties (PGEI) 0.0018 $PGEI
ProGreen Signs New Agreements With AMREFA
Marketwired - Tue Aug 11, 6:00AM CDT
ProGreen Properties, Inc. (PROGREEN), (OTCQB: PGEI), is pleased to announce that the discussions with American Residential Fastigheter AB (AMREFA), as mentioned in previous press releases, have resulted in that several new agreements now have been signed, including a new joint venture addendum to the earlier investment agreement between the parties signed in July 2013. The agreement outlines further the investment strategies between the companies, with AMREFA funding all transactions and PROGREEN executing the work. Resulting profits are to be split equally between the companies.
ProGreen Receives Further Funding From its Principal Shareholder
eTeligis - Mon Jul 20, 7:00AM CDT
BIRMINGHAM, MI, United States, via ETELIGIS INC., 07/20/2015 - - ProGreen Properties, Inc. (PROGREEN) (OTCQB: PGEI), is pleased to announce that its major shareholder, EIG Venture Capital Ltd., has completed a further funding round into PROGREEN and completed its obligations under its October 2009 subscription agreement entered into with the Company. EIG is now also implementing conversions of some of its debt to its European investors, into PROGREEN Restricted Stock, held by EIG, at the conversion rate of $0.20/share. This will further spread the shareholder base and increase the company's stock market liquidity, as well as likely help to build volume and value in the market.
ProGreen Moves Closer To Swedish Solar Technology For Residential Homes
GlobeNewswire - Mon Apr 20, 3:21PM CDT
via PRWEB - ProGreen Properties, Inc. ("ProGreen"
, (OTCQB-PGEI), announced in February 2011 that the company had signed a letter of intent with the Swedish company SolTech Energy Sweden AB ("Soltech" relating to its proprietary and intelligent solar energy system.
ProGreen Properties Provides Update on Joint Venture with American Residential
Business Wire - Tue Mar 31, 5:22PM CDT
ProGreen Properties, Inc. (PROGREEN) (OTCQB-PGEI), announced in a press release on December 17, that the company was entering into a joint venture with American Residential Gap LLC (ARG), a real estate investment company in Sweden. This resulted in the formation of PAJV LLC (PAJV) in late December. The JV is based on ARG providing 100% of all funding in real estate projects performed by PAJV, with PROGREEN handling everything from acquisition to sale. Realized profits from the individual projects are then split 50/50 between the two parties.
ProGreen Enters Joint Venture Agreement with American Residential Gap LLC
ACCESSWIRE - Wed Dec 17, 7:15AM CST
Birmingham, MI / ACCESSWIRE / December 17, 2014 / ProGreen Properties, Inc. (ProGreen) (OTCQB: PGEI), has agreed on a joint venture with American Residential Gap LLC (ARG), a wholly owned subsidiary of American Residential Fastigheter AB (AMREFA) in Sweden, with which ProGreen has existing property financing arrangements. As per the agreement, ARG and ProGreen will jointly acquire primarily distressed residential properties in Michigan, with ARG providing 100% of the funding. Properties to be acquired will be, SFRs suitable to be converted into be rental homes, SFRs to be refurbished, upgraded and sold, and land for construction of New Homes.
ProGreen Signs New Agreements With AMREFA
Marketwired - Tue Aug 11, 6:00AM CDT
ProGreen Properties, Inc. (PROGREEN), (OTCQB: PGEI), is pleased to announce that the discussions with American Residential Fastigheter AB (AMREFA), as mentioned in previous press releases, have resulted in that several new agreements now have been signed, including a new joint venture addendum to the earlier investment agreement between the parties signed in July 2013. The agreement outlines further the investment strategies between the companies, with AMREFA funding all transactions and PROGREEN executing the work. Resulting profits are to be split equally between the companies.
ProGreen Receives Further Funding From its Principal Shareholder
eTeligis - Mon Jul 20, 7:00AM CDT
BIRMINGHAM, MI, United States, via ETELIGIS INC., 07/20/2015 - - ProGreen Properties, Inc. (PROGREEN) (OTCQB: PGEI), is pleased to announce that its major shareholder, EIG Venture Capital Ltd., has completed a further funding round into PROGREEN and completed its obligations under its October 2009 subscription agreement entered into with the Company. EIG is now also implementing conversions of some of its debt to its European investors, into PROGREEN Restricted Stock, held by EIG, at the conversion rate of $0.20/share. This will further spread the shareholder base and increase the company's stock market liquidity, as well as likely help to build volume and value in the market.
ProGreen Moves Closer To Swedish Solar Technology For Residential Homes
GlobeNewswire - Mon Apr 20, 3:21PM CDT
via PRWEB - ProGreen Properties, Inc. ("ProGreen"
, (OTCQB-PGEI), announced in February 2011 that the company had signed a letter of intent with the Swedish company SolTech Energy Sweden AB ("Soltech" relating to its proprietary and intelligent solar energy system. ProGreen Properties Provides Update on Joint Venture with American Residential
Business Wire - Tue Mar 31, 5:22PM CDT
ProGreen Properties, Inc. (PROGREEN) (OTCQB-PGEI), announced in a press release on December 17, that the company was entering into a joint venture with American Residential Gap LLC (ARG), a real estate investment company in Sweden. This resulted in the formation of PAJV LLC (PAJV) in late December. The JV is based on ARG providing 100% of all funding in real estate projects performed by PAJV, with PROGREEN handling everything from acquisition to sale. Realized profits from the individual projects are then split 50/50 between the two parties.
ProGreen Enters Joint Venture Agreement with American Residential Gap LLC
ACCESSWIRE - Wed Dec 17, 7:15AM CST
Birmingham, MI / ACCESSWIRE / December 17, 2014 / ProGreen Properties, Inc. (ProGreen) (OTCQB: PGEI), has agreed on a joint venture with American Residential Gap LLC (ARG), a wholly owned subsidiary of American Residential Fastigheter AB (AMREFA) in Sweden, with which ProGreen has existing property financing arrangements. As per the agreement, ARG and ProGreen will jointly acquire primarily distressed residential properties in Michigan, with ARG providing 100% of the funding. Properties to be acquired will be, SFRs suitable to be converted into be rental homes, SFRs to be refurbished, upgraded and sold, and land for construction of New Homes.
