BLOOMFIELD, MI--(Marketwired - Jul 21, 2016) - ProGreen Properties, Inc., (OTC PINK: PGEI), www.ProGreenUS.com, is announcing to change its name to ProGreen US, Inc. (PGUS), as of tomorrow, July 22, 2016. The ticker symbol will change to PGUS, also effective also as of tomorrow.
"We are changing our name to better reflect the expansion of the company's business activities going forward, investment in agriculture land in Baja California, further planning for residential and commercial real estate developments in the area, with integration of advanced solar technology. Our newly formed subsidiary, ProCon Baja JV, based in Ensenada, Mexico, is expected to contribute importantly to the future growth of the company", says Jan Telander, CEO.
About ProGreen US, Inc.
ProGreen US, Inc. (PGUS) (OTC PINK: PGUS) based in Bloomfield, Michigan, is engaged in the business of acquiring, refurbishing and upgrading residential real estate into modern affordable homes, to be sold with Land Contracts to buyers still unable to obtain conventional credit. The company has also recently entered into property investments in Baja California, Mexico and will be intensifying this activity, with the aim of creating a sustainable income stream for many years to come.
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