CGrowth Capital Inc (CGRA)

[Prudent Capitalist]

LMAO! And, yes, CGRA does get paid by the square foot. But, if there is even an ounce of truth to that "7 times bigger" tweet in Q2 making claims about this year's outdoor grow, then why was the rental income for the 2nd quarter ending June down by $13,000 to just $102,480 from the first quarter rental income of $115,440, that was mostly winter. And that was almost all of the revenue for the quarter. Not enough to even begin to service the interest on the high interest Junk Bonds.

That tweet also cannot be reconciled with the reports out of Eastern Washington in the wake of the Master Grower walking off the job due to concerns over the integrity of the operation, lack of additional tenants, and lack of sufficient water and employees in the area to support anything more than one basic limited grow. And, the exit of both the Master Grower and the pathetically wrong oil extraction machines has now been confirmed by both CGRA and Wildfire.

Plenty of DD put there on Rob, Wildfire and CGRA/Mr. Wright, including if you talk with folks in the mj industry in Eastern Washington. If those reports are to be believed, not a good situation here for CGRA holders and traders. Sounding more and more like Rob, Wildfire and everyone else involved in this debacle are kind of a laughing stock/joke in the local industry in Eastern Washington. All IMHO, of course.

CGRA = Capital Gone Reverse Appreciation