On 20th October’14, BrilliantPennyStocks.com initiated coverage on GRNH. The stock moved up by 79.79% since the coverage was initiated.
Earlier this month, GreenGro Technologies, Inc. (OTCMKTS:GRNH) provided a detailed update to its shareholders and the investment community about the progress it has made at its twin projects in BP Gardens. The two projects are spread over two different locations and employee two distinct growing technologies in pursuit of two separate goals.
While it’s BP Gardens Buena Park provides for a 30,000 seat full blown hydroponic set up, its BP Gardens Lincoln has been designed using aquaponics solution to encourage zero wastage and attain 80% water saving. GreenGro Technologies, Inc. (OTCMKTS:GRNH) aims to further mature these two technology platforms so that they can be offered to the agriculture industry as a cost effective method to grow produce in these times of drought in wider California.
GreenGro Technologies, Inc. (OTCMKTS:GRNH) has disclosed that at its BP Gardens Buena Park, the construction of its full hydroponics system has been completed. It has indicated that the process of plating the first phase of crops has also been initiated. Once the full life cycle of the Hydroponics system is established, the company believes that it can offer leafy green produce at a steady pace to its established clientele consisting of local restaurants, retail groceries and cooperatives.
At its BP Gardens Lincoln which is based in Northern California, GreenGro Technologies, Inc. (OTCMKTS:GRNH) has initiated the “process of installing floating raceways.” Next, it will introduce fish into the system preparatory to raising the first crops on the system. Firm hopes to grow huge quantities of “leafy greens and Sacramento Perch” from this facility to meet the growing demand for these produce from local customers.
Company Chief Executive Officer, Chief Financial Officer, Chief Operating Officer, Secretary, Director Garcia Hanson in his comments to the press has opined that, "Significant investments of time and resources have been made to initiate inaugural growth cycles and we are pleased with the commercial response to our efforts.”
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