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Last $0.0020 USD
Change Today 0.00 / 0.00%
Volume 350.0K
PGEI On Other Exchanges
As of 8:10 PM 09/1/15 All times are local (Market data is delayed by at least 15 minutes).

progreen properties inc (PGEI) Snapshot

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Day High
Day Low
52 Week High
04/1/15 - $0.04
52 Week Low
08/25/15 - $0.0015
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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progreen properties inc (PGEI) Details

ProGreen Properties, Inc., together with its subsidiaries, owns and manages residential real estate rental properties in the Oakland County, Michigan. The company was formerly known as Diversified Product Inspections, Inc. and changed its name to ProGreen Properties, Inc. in September 2009 to reflect the change in its business operations from the conduct of investigations and laboratory analyses to the purchase of income producing real estate assets. ProGreen Properties, Inc. was founded in 1982 and is based in Birmingham, Michigan.

1 Employees
Last Reported Date: 08/13/15
Founded in 1982

progreen properties inc (PGEI) Top Compensated Officers

Chief Executive Officer, President, Chief Fin...
Total Annual Compensation: $96.0K
Compensation as of Fiscal Year 2015.

progreen properties inc (PGEI) Key Developments

ProGreen Properties, Inc. Auditor Raises 'Going Concern' Doubt

ProGreen Properties, Inc. filed its 10-K on Aug 13, 2015 for the period ending Apr 30, 2015. In this report its auditor, Malone & Bailey, PLLC, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

ProGreen Properties, Inc. announced delayed annual 10-K filing

On 07/30/2015, ProGreen Properties, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.

ProGreen Properties Provides Update on Joint Venture with American Residential

ProGreen Properties, Inc. announced that the company was entering into a joint venture with American Residential Gap LLC. 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.


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