PROGREEN US, INC. (OTCMKTS:PGUS) Files An 8-K Regulation FD DisclosureItem 7.01. Regulation FD Disclosure.
Appraisal Premise: As Is
Interest Appraised: Fee Simple Estate equivalent (Mexican Corporation)
Date of Value: February 15, 2018
Value Conclusion: $42,000,000
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. | Description |
99.1 | CBRE Valuation Report dated March 20, 2018. |
Progreen US, Inc. Exhibit…To view the full exhibit click here
About PROGREEN US, INC. (OTCMKTS:PGUS)
ProGreen US, Inc. (ProGreen), formerly ProGreen Properties, Inc., owns and manages residential real estate rental property in the Oakland County, Michigan area. The Company is engaged in acquiring, refurbishing and upgrading residential real estate. The Company purchases residential real estate apartment homes, condominiums and houses in the State of Michigan. The Company is focusing its investments and interest in agricultural land in Baja California, Mexico. The Company’s investment properties are marketed by ProGreen Realty LLC, a subsidiary of ProGreen and managed by its subsidiary, Progreen Properties Management LLC. In addition, the Company’s subsidiary, ProGreen Construction LLC, performs various construction and development services for properties, which are held and under development. As of April 30, 2016, the Company owned 14 properties.