California Grapes International, Inc (CAGR)

[Digra Ive]

May be a wise man can explain it?
We are restlessly waiting for January/2012.
Their last PR stating it clearly; "We are going to wipe out unregistered stocks."
http://www.businesswire.com/news/home/20111111005769/en/California-Grapes-International-Announces-Mandatory-Stock-Certificate

Actually unregistered stocks can be equally considered to Restricted securities involved in short selling and help lift PPS.
The question is who, why and how many.

May be CEO has some evidences under his table to prove sliding prices consistently, dilution, vs "growing sells and profit"
May be ????

However, I don't understand why Mr. CEO pissed off his Q2 report.
And smth else, what I actually don't understand their inventory factor vs Gross profit.
Taken from Q1/2011 report : Q1/2011 vs Q1/2010 ,Inventory : $92,601 vs $298,959 and Sells: $83K vs $20K, respectively.
Do you think it is normally for their business to report declining in inventory by 65% during rocketing sells by 400%.

Are they lying officially or just wearing sunglasses during printing their reports ?????

Read my mind, I hold GDHID or CGI or whatever it calls to sell it on the first opportunity for between 0-10% losses to return my investment of $2500US
Fortunately, it doesn't cost me to hold this rubbish in my portfolio for decades.