Business
Greengro Technologies Management Provides Further Clarification on BP Gardens
Greengro Technologies Management Provides Further Clarification on BP Gardens.
About this update from Greengro Technologies, Inc.
[{"type":"text","content":"\n \n \n Greengro Technologies Management Provides Further Clarification on BP Gardens\n \n \nGreengro Technologies Management Provides Further Clarification on BP Gardens\n\nPro Forma Projections Outline Path to Near-Term Profitability\n\n \n ANAHEIM, CA--(Marketwired - Nov 14, 2013) - Greengro Technologies (PINKSHEETS: GRNH) has released an update to current activities as well as pro forma projections. This announcement provides a more comprehensive look into the numbers that make up the projections around its subsidiary BP Gardens, an ambitious greenhouse project that promises to bring commerce and community together in a scalable and profitable manner. \n The company previously announced the formation of the wholly owned subsidiary of BP Gardens. The ambitious project entails the control of a four acre property in the heart of Southern California's prime real estate near major tourist attractions. On the property there currently exist 6 fully functional greenhouses that will serve as the commerce arm of the project wherein the company will grow and distribute crops of leafy greens, fruits and vegetables to local markets, restaurants and communities through a certified farmers market. Additionally, the company aims to partner with local community and educational groups to teach the youth in the area the latest techniques for locally grown healthy and nutritious organic foods.\n Since the announcement of the project the company has been focused on the planning, design, clean up and refurbishment of the existing property. The company announces today that it has raised the necessary capital to begin the first operational phase in Q1 of 2014. This first phase will represent the proof of concept in where one of the five greenhouses will be utilized to provide for zero waste aquaponics system to support the growth of lettuce, tomatoes culinary herbs and fish for commercial resale.\n By the numbers:\n The first operational phase will utilize a single greenhouse to serve as a proof of concept. Additionally, approximately 15000 square feet of open air space will be used to showcase the latest in vertical growing techniques as well as raised beds to produce various vine fruits and vegetables.\n Pro forma projections:\n Single greenhouse:\n \n \n \n Yearly Revenue (1 GH)\n  \n Yield Amount\n  \n Average Price\n  \n T...