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EXCEL - IDEA: XBRL DOCUMENT - ProGreen Properties, Inc.Financial_Report.xls
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EX-31 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER AND PRINCIPAL FINANCIAL OFFICER PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002, FILED HEREWITH. - ProGreen Properties, Inc.f10q1012ex31_progreen.htm
10-Q - QUARTERLY REPORT - ProGreen Properties, Inc.f10q1012_progreen.htm
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EX-32 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER AND PRINCIPAL FINANCIAL OFFICER PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002, FILED HEREWITH. - ProGreen Properties, Inc.f10q1012ex32_progreen.htm
v2.4.0.6
Condensed Consolidated Balance Sheets (USD $)
Oct. 31, 2012
Apr. 30, 2012
Assets    
Rental property, net of accumulated depreciation of $8,215 and $10,645 $ 113,782 $ 160,852
Cash 70,704 12,984
Accounts receivable 5,682   
Accrued interest receivable 2,250   
Receivable - sale of properties 45,000 142,654
Note receivable - ARG 75,000 180,000
Investment - non-marketable securities 75,000   
Note receivable - rental property 9,233 75,603
Prepaid expenses 3,594 6,840
Deposits 6,000 5,000
Property and equipment:    
Vehicles, furniture and equipment, net of accumulated depreciation of $11,367 and $6,605 58,375 22,235
Total assets 464,620 606,168
Liabilities and Stockholders' Deficit    
Accounts payable and accrued expenses 89,363 69,435
Accrued interest 74,260 40,211
Payable under management agreement    4,030
Note payable 49,662 14,630
Tenant deposits 12,899 11,374
Convertible debenture payable to related party, net of unamortized discount of $14,548and $17,491 485,452 482,509
Total liabilities 711,636 622,189
Stockholders' deficit    
Preferred stock, $.0001 par value, 10,000,000 shares authorized, no shares issued and outstanding      
Common stock, $.0001 par value, 250,000,000 shares authorized and 104,329,703 outstanding at October 31, 2012; 250,000,000 shares authorized and 104,329,703 outstanding at April 30, 2012; 10,433 10,433
Common stock, $.0001 par value, 9,775,171 subscribed not issued 978 978
Additional paid in capital 3,032,160 3,007,854
Less: amount due from related party subscriber under subscription agreement (130,995) (124,189)
Accumulated deficit (3,159,591) (2,911,097)
Total stockholders' deficit (247,015) (16,021)
Total liabilities and stockholders' (deficit) equity $ 464,620 $ 606,168