California Grapes International, Inc (CAGR)

[_mmech]

UPDATE ON THE UPDATE:

As of Thu, Mar 01, 2012, CAGR resides in the OTC Pink Current tier.

CAGR is no longer in the OTC Pink Current tier.

Outstanding Shares 12/31/2011- 530,147,929
Outstanding Shares 3/31/2011- 971,107,847

Share dilution rate of 1,763,439,672 (leaving <1% of A/S EOY)

retail store in Beijing targeted to open April 1st.

Store not opened as of 5/25/2012

"Let's not forget the $CAGR online retail store with FREE SHIPPING to China"

The primary consolidator and logistics provider has been changed for California Grapes International, Inc.

"California Grapes International, Inc. Announces the Hiring of Marble Arch Research, Inc"

California Crapes International has terminated it's relationship with Marble Arch Research, Inc

"California Grapes International, Inc. Receives $10,000,000 Reserve Equity Financing from AGS Capital Group"

As the company determines the appropriate time to raise capital through the issuance of common shares, AGS Capital has a commitment to buy them with a 10% discount (dilution of shares)

"Sales revenues for the first quarter of 2012 ended up at approximately $200,000 and exceeded the company’s expectations"

SALES $199,498
EXPENSES $396,189
NET LOSS ($196,691)