CGrowth Capital Inc (CGRA)

[Prudent Capitalist]

Latest Fins out recently are UGLY! Another huge drop in stockholders equity for CGRA, with shareholder's equity now standing at just $2,992,866, down from $3,882,864 on June 30, 2017 and $5,461,128 as of December 31, 2016.

And a whopping net loss of ($891, 204) for the quarter and ($2,472,064) for the 9 months ended 9/30/17.

I guess all of those supposed bonds and assets aren't worth diddly here for CGRA. Book Value remains well below a penny.

Just pathetic for a company that has promised the moon for over 4 years now.

CGRA = Capital Gone Reverse Appreciation