Greengro Technologies Inc (PK:GRNH)
Business Focus: Business Support Services
| Sector: Industrials | Industry: Business Support Services |
| Company Contact | |
| Address: | 22600-C Lambert Street, Suite 902 LAKE FOREST CA 92630 |
| Tel: | N/A |
| Website: | https://greengrotech.com |
| IR: | See website |
| Key People | ||
| James M Haas Chairman of the Board, Chief Operating Officer | Darrel Courtney Chief Executive Officer, Director | Tom Schaefer Chief Executive Officer of CBD Ventures |
| Business Overview |
| GreenGro Technologies, Inc. is engaged in manufacturing and selling of green, sustainable vertical cultivation systems, and facilities design. The Company sells greenhouse systems as well as hydroponic supplies through their retail store in Anaheim, California. The Company's products and services are targeted at consumers and industrial farming operations. Its products and services are designed to provide customers' solutions to achieve efficiency, whether that be a balcony garden or an industrial cultivator. It offers vertical cultivation and gardening systems. Its system includes technology system that reduces the physical footprint of cultivation, while reducing energy costs and improving crop yields. |
| Financial Overview |
| For the nine months ended 30 September 2013, Greengro Technologies Inc revenues increased from $7K to $58K. Net loss increased from $60K to $966K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Consulting increase from $0K to $698K (expense), General and Administrative increase from $30K to $269K (expense). |
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