PGUS!! Why PGUS upward price movement is only
Post# of 98041
Why PGUS upward price movement is only starting - Upcoming events and status of recent business activities
It's obvious - PGUS is still significantly undervalued, and the CEO just keeps delivering!!
Many new items to report - since the last update only 10 days ago!
OTCQB Listed - As of last Thursday 9/15! Approaching 1st full week with a new range of investors considering their entries for starter positions!
1Q 10-Q filed yesterday 9/19 - clean balance sheet: slight increase in assets and profound decrease in liabilities; assets reflect sales of Michigan properties, Baja investment receivables; verified: share structure, assets, debt elimination! Good showing for new OTCQB investors
1st Baja land tract on deck for sale at any time now... will also make a good showing to new investors who will be taking note of ProGreen's new OTCQB designation!
New Form 4 today, 9/20! CEO resumes buying shares on the open market after blackout period, float continues to shrink
Recent update 9/11: Ensenada research shows new opportunities look good... stay tuned for possible residential real estate investments/projects in Ensenada area much sooner than originally planned
Supply vs Demand - PGUS is still greatly undervalued, the free float is shrinking, and the great majority of what is left is being bought and held tight.
Share Structure and Ownership...
- A/S = 1.5B - REDUCTION BY 37% TO 950M in process with PRE 14C FILED 8/31/16]
- O/S = 348M
- Restricted = 102M
- CEO = 16.8M - Recent purchases, latest Form 4 filed 9/20/16
- Free Float = 229M - REDUCED, from recent CEO purchases
- CEO & Control Shareholders assumed debt and subscribed to preferred shares to inject funds, totalling ~$1M investment in February.
- CEO is accumulating shares, buying up the float, purchased over 16M shares on open market so far in 2016 - free float is shrinking.
- Free Float is being held tight and getting tighter: Many long investors holding strong positions, many new long investors starting and building strong positions.
- A/S reduction (IN PROCESS) of 550M shares from 1.5B to 950M
(Announced in PR on Aug 16: