A little bit of $PGEI DD my good friend Powerbattl
Post# of 597
FLOAT IS ONLY 120 MILLION
210 million shares outstanding as of February 1, 2016.
1.5 Billion shares authorized
History no R/S - Insider acquired shares.
PGEI.. is also ...
NO MORE DILUTION. We finish with the warrants, outstanding option and note conversion.
"The percentage of beneficial ownership in the following table is based upon 150,503,921 shares of common stock outstanding as of October 5, 2015. Beneficial ownership is determined in accordance with the rules of the SEC and generally includes voting or investment power with respect to securities. We do not have any outstanding options, warrants or other conversion rights.
Finally, this was found in the 10k Published: Sept 21, 2015
Quote:
our Chief Executive Officer, Jan Telander, agreed to invest $1,000,000 through the purchase of 97,751,710 shares of common stock for $0.01023 per share
CEO is willing to drop $1,000,000 at .01023!!! Monster in the making!!!
ProGreen has had some huge news recently:
ACQUISITION NEWS
[Marketwired] - PROGREEN PROPERTIES, INC. is pleased to announce that the discussions for a joint venture with a Mexican landowner in Baja California, as announced on October 28, 2015, have progressed very positively ... expect to complete the acquisition of a first tract of land (approx. 300 acres), before February 15, 2016.
Aug 11, 2015
OTC Disclosure & News Service
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ProGreen Signs New Agreements With AMREFA
BIRMINGHAM, MI--(Marketwired - Aug 11, 2015) - 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.
Initial hard cash investments from AMREFA under this new joint venture agreement, are estimated to $1,200,000 for September/October, with further tranches following.
PROGREEN had several outstanding short term loan notes in favor of AMREFA, totaling some $289,000. These have now been restructured into a longer term installment agreement, with PROGREEN having paid the initial installment of $45,000, representing $16,000 in accrued interest and $29,000 of principal.
"We are very pleased to have seen a recent restructure of AMREFA, with the company replacing the majority of its board of directors. The new management are planning a fast increase in their US real estate activities. A much improved working relationship between the companies, is now in place and we have high expectations from AMREFA in the near as well as long term future," says Jan Telander, President
ProGreen Properties Provides Update on Joint Venture with American Residential
Mar 31, 2015
OTC Disclosure & News Service
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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.
The joint venture is already starting to produce favorable results. On January 8, 2015, PAJV acquired a property under construction from PROGREEN, and is from that time funding all cost to complete the project. The property is due for completion at the end on May and will start to be marketed in June to the public.
On January 30, 2015, PAJV closed on the acquisition of a further four residential properties. Three of these were already leased and PAJV sold these three properties to ARG on February 9, resulting in a fee for PROGREEN of 28% of total cost of properties.
The fourth property has now also been leased and sold to ARG, with a fee of 24% paid to PROGREEN.
“We are very pleased with the rapid market traction with PAJV. We are currently evaluating further opportunities and remain excited about the future with ARG,” says Jan Telander, President and CEO.
ProGreen Moves Closer To Swedish Solar Technology For Residential Homes
•Company Moves Closer To Agreement with Solar Technology For Residential Homes
News Image
“We are very happy to have reached this point in our collaboration with SolTech and expect to further integrate SolTech’s technology in our home building here in the US over the coming years... says Jan Telander, President & CEO.
BIRMINGHAM, MI (PRWEB) APRIL 20, 2015
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 is very pleased to announce that SolTech now is in the final stages of completing the development of a product that will be suitable and compatible with US roof construction. The product has been developed together with SolTech’s Asian partner and fulfills two functions in one, being both a roof cladding and integrated solar solution, producing electricity. This makes it, perhaps the first esthetically appealing solution for implementation of solar energy.
ProGreen initially intends to try this product out on some suitable properties, with the intent, once properly tested, to implement this solar solution on all viable properties.
ProGreen also intends to deepen its collaboration with SolTech in more areas of energy efficiency for heating and cooling of homes. Sweden has a long history of constantly developing new ways to improve energy efficiency in general and Soltech can today be considered, as one of the leading innovators in the solar industry in the Country.
“We are very happy to have reached this point in our collaboration with SolTech and expect to further integrate SolTech’s technology in our home building here in the US over the coming years. Our goal has always been to be able to produce sustainable energy efficient homes with advanced integrated solar technology, and we now feel we can see the finishing line”, says Jan Telander, President & CEO.
PROGREEN wholly owned subsidiaries:
PROGREEN PROPERTY MANAGEMENT LLC, management of properties sold to investors.
PROGREEN REALTY LLC, purchasing, leasing and sale of properties.
PROGREEN CONSTRUCTION LLC, in house construction company
Now let's take a look at SolTech Energy the company mentioned in the PR above:
“We are very happy to have reached this point in our collaboration with SolTech and expect to further integrate SolTech’s technology in our home building here in the US over the coming years... says Jan Telander, President & CEO