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Published on 3/20/2014 in the Prospect News PIPE Daily.

Greengro Technologies raises $875,000 in non-brokered placement

Company sells 144 restricted shares

By Angela McDaniels

Tacoma, Wash., March 20 - GreenGro Technologies, Inc. said it issued 144 restricted shares in a non-brokered private placement, raising $875,000.

Proceeds will support activities the company has in its pipeline, according to a company news release.

Anaheim, Calif.-based Greengro Technologies manufactures and sells eco-friendly, sustainable vertical cultivation systems and provides facilities design.

Issuer:GreenGro Technologies, Inc.
Issue:Restricted shares
Amount:$875,000
Shares:144
Warrants:No
Agent:Non-brokered
Settlement date:March 20
Stock symbol:Pink Sheets: GRNH
Stock price:$0.58 at close March 20
Market capitalization:$100.92 million

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