PGUS- AS 950M OS 348M CEO owns 20M common share
Post# of 145157
Posted On: 12/16/2016 9:55:53 AM
PGUS- AS 950M OS 348M CEO owns 20M common shares and 102M of OS is restricted!! Check out the recent developments!!
BLOOMFIELD, MI - (NewMediaWire) - December 13, 2016 - ProGreen US, Inc. (ProGreen) www.ProGreenUS.com (OTCQB: PGUS) is pleased to communicate that Inmobiliaria Contel (Contel), with which ProGreen has a joint venture partnership, has declared that, in the process of establishing the necessary agricultural infrastructure for the joint venture, they have established a direct channel with two different US fresh produce importers. This enables Contel to manage produce growing operations on their own or in partnership with other growers on the 300 acres of land that forms part of the Joint Venture Agreement with ProGreen, entered into last February. As a producer, Contel will be able to grow more than one cycle per year on the property, an efficient use of the land.
With regard to further real estate investment opportunities, ProGreen is presently in advanced discussions with a landowner concerning the possible acquisition of 4,500 acres of oceanfront land through its subsidiary in Mexico, ProCon Baja. The intention would be to develop a master plan, obtain necessary permits and bring investors and developers into individual real estate projects.
"This potential real estate project is very exciting and could transform the future of ProGreen's involvement in Baja California," says Jan Telander, President and CEO.
Information About the Potential Oceanfront Land Development in Baja
We would like to elaborate on the information that we presented in our press release on Tuesday, December 12, 2016.
The land is approximately 4,550 acres gently sloping down towards the sea with 2.4 miles of oceanfront, perfect for exclusive dwellings. The development should be totally “green,” powered by solar, complete with all services, such as paved roads, sewage, water supply, street lighting, etc. Wastewater from sewage plants to be recycled and reused for irrigation of golf courses.
Potentially, we could see this development with:
•Commercial Areas for Shopping, Restaurants etc.
•Golf Courses
•Hotels
•Equestrian Center
•Marina
•Condominiums
•A lots, Luxury Prime Oceanfront
•B lots
•C lots
•Sports and Recreation Center
•Beach Hotel with Beach Club
With so much land available, we envision mainly low-rise construction to maintain open views.
PGUS
BLOOMFIELD, MI - (NewMediaWire) - December 13, 2016 - ProGreen US, Inc. (ProGreen) www.ProGreenUS.com (OTCQB: PGUS) is pleased to communicate that Inmobiliaria Contel (Contel), with which ProGreen has a joint venture partnership, has declared that, in the process of establishing the necessary agricultural infrastructure for the joint venture, they have established a direct channel with two different US fresh produce importers. This enables Contel to manage produce growing operations on their own or in partnership with other growers on the 300 acres of land that forms part of the Joint Venture Agreement with ProGreen, entered into last February. As a producer, Contel will be able to grow more than one cycle per year on the property, an efficient use of the land.
With regard to further real estate investment opportunities, ProGreen is presently in advanced discussions with a landowner concerning the possible acquisition of 4,500 acres of oceanfront land through its subsidiary in Mexico, ProCon Baja. The intention would be to develop a master plan, obtain necessary permits and bring investors and developers into individual real estate projects.
"This potential real estate project is very exciting and could transform the future of ProGreen's involvement in Baja California," says Jan Telander, President and CEO.
Information About the Potential Oceanfront Land Development in Baja
We would like to elaborate on the information that we presented in our press release on Tuesday, December 12, 2016.
The land is approximately 4,550 acres gently sloping down towards the sea with 2.4 miles of oceanfront, perfect for exclusive dwellings. The development should be totally “green,” powered by solar, complete with all services, such as paved roads, sewage, water supply, street lighting, etc. Wastewater from sewage plants to be recycled and reused for irrigation of golf courses.
Potentially, we could see this development with:
•Commercial Areas for Shopping, Restaurants etc.
•Golf Courses
•Hotels
•Equestrian Center
•Marina
•Condominiums
•A lots, Luxury Prime Oceanfront
•B lots
•C lots
•Sports and Recreation Center
•Beach Hotel with Beach Club
With so much land available, we envision mainly low-rise construction to maintain open views.
PGUS
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