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NEWS! CGrowth Capital Executes Share Exchange Agreement for Minerals Company: Prepares for Change of Control and Up Listing to an Audited Reporting Company
BREMERTON, WA, May 12, 2022 (GLOBE NEWSWIRE) -- CGrowth Capital, Inc. (OTC Pink: CGRA) (the "Parent") is pleased to announce that it has executed an agreement with a Minerals Company to acquire 100% of the targeted project (the "Company") via a Share Exchange Agreement. Upon completion of the contract conditions, the acquisition would mean a wholly-owned subsidiary Company and a change in control with new management from the Company taking over CGrowth Capital Inc. The Parent and Company are under a strict non-disclosure agreement, along with additional non-disclosure contracts with other related parties of specifics until all conditions have been met.
Under the Agreement, the Company must complete its two (2) year audit in anticipation of uplisting as a fully reporting audited company. The Company's near-term goals include further advancing to a listing on a senior exchange and a series of debt/equity financings to develop its assets and acquire additional holdings.
The Parent is required to make the transition without debt and further liabilities and will begin the process of divesting debts and assets as required. The Parent anticipates restructuring of its equity prior to a closing and uplisting. Due to the nature of the anticipated acquisition, its go-forward plan, and the restrictions prior to closing, the Parent will cease further acquisition and growth strategies during the lead up to closing.
Additional information will be released jointly by the Parent and Company from time to time as benchmarks are reached by both the Parent and Company as both move towards a closing anticipated to take 60 to 120 days.
We are staying the course with acquisition plan and audits. New 2-year audits take time, but we are still within out 60-120 day guidance. $CGRA
— CGRA (@CGRAOTC) July 19, 2022
where is the dual communication?
"Billy's Billions" is our way out of this dead end. These guys have years of experience making up incredible stories which are almost believable until reality sets in.
Is Noble a mineral company?
I believe this is #fakenews, OH NO- NOT AGAIN.
I think they have a tv show, tho.
Let’s try and think bigger.
2 audits en route.
ThisCo and NewCo.
#oops
CGRA
wow its up today Noble Mining ohhhhh Nobbbbbbblle come out and talk with us...
I wonder if CGRA and Noble Mining are getting close
shhhhhhhhh they are going to exchange shares in the dark park late at night so noone knows
Does anyone know when the dual announcement will be made about the progress.
Im betting soon.... then again this is one of the strictest share exchange programs ever
Wow a share exchange program... isn't this wonderful..
WOW WHAT A GREAT THING. I KNEW THIS CEO WOULDNT LET US DOWN...
We are staying the course with acquisition plan and audits. New 2-year audits take time, but we are still within out 60-120 day guidance. $CGRA
— CGRA (@CGRAOTC) July 19, 2022
Finally we are getting bought out on a share exchange deal.. CEO will finally be done with and this can move up BIG TIME lol
IT'S TIME THE CAT IS ABOUT TO BE LET OUT OF THE HOUSE!!!!
Keep it on the low o.k. but shortly we will hear an update and the progress
If will be fun to hear from both CGRA and the mineral company...
is it Nobel Mining? smile but keep it quiet o.k.....shhhhhhhhhhhh
Hmmmmmmmmmm >>>> shhhhhhhhhhhh>>> I found this>>>>>>>>
https://www.otcmarkets.com/otcapi/company/financial-report/275596/content
Interesting this guy has a connection with CGRA
https://www.prnewswire.com/news-releases/cgrowth-capital-inc-announces-the-completion-of-its-site-visit-to-mining-locations-in-washington-state-with-jason-otteson-of-noble-mining-inc-191197701.html
JASON OTTESON, CEO
Extensive Experience in Bullion Distribution
Many years in Bullion investing, his Bullion investments have brought success to many clients.
With over 28 years of business experience, Mr. Otteson is a seasoned executive with demonstrated success in business development, operational execution, international commerce, fundraising, strategic financing, and marketing through various industries such as precious metals, licensed sports products, distribution, real estate, TV entertainment production and medical technologies, the culmination of which has led to high level transactional experience in mergers, acquisitions, and public offerings. To Mr. Otteson, the precious metals industry is more than another business; he sees this as a stable harbor for himself, family, friends and clients in this current economic storm.
Mr. Otteson was featured on the second and third seasons of the Discovery Channel show, “Gold Rush.” Mr. Otteson is the founder of Noble Mining, Inc., an Austin, Texas based company that advises its clients on navigating investments in the mining and precious metals industry. Prior to founding Noble Mining, he was a leader of a large precious metals investment firm. Previously, Mr. Otteson was the CEO of Sportan United Industries, Inc., where he led the firm through an IPO and a successful acquisition. Mr. Otteson is an entrepreneur at heart and has broad expertise with several companies across various industries. Mr. Otteson has founded Momentous, (a College Adventure Ministry) https://www.momentous.world Mr. Otteson is a founding partner in Austin Entertainment Ventures which is a full-service entertainment company.
Mr. Otteson served as a director and CEO of Ensurge, Inc. (OTC: ESGI,) a publicly traded mineral exploration and development company in Guyana, South America. Otteson continues to offer his support and expertise to help advance Ensurge.
Mr. Otteson is a member of: National Eagle and Angels, American Management Association, American Marketing Association, RNC, NRA, Safari Club International, Ducks Unlimited, Rocky Mountain Elk Foundation, CCA, North American Hunting Club, Christian Sportsmen’s Fellowship, SFASU Alumni, and a Life Loyal Sigma Chi. Mr. Otteson also volunteers his time to area Young Life Committee. Mr. Otteson received his Bachelor’s degree from Stephen F. Austin State University in Marketing and Finance in 1996.
Are we at 100% yet with the audits ? How about the dual announcement expected today with the mineral company?
wow look at those cheapies at .0055
Sssssssssshhhhhhhhhharrre exchange audit 75.7532678% done. Another 38 years and we are rrrrrrrrrrrrrrrrrich
lol no they have plans...like the Bahama oil and the unknown strict mineral company bwhahhahhahahhahahhahahahaha
wow up today shhhhhhhhh share exchange top secret going on here...
CGrowth Capital, Inc. (OTC Pink: CGRA) (the "Parent") is pleased to announce that it has executed an agreement with a Minerals Company to acquire 100% of the targeted project (the "Company") via a Share Exchange Agreement. Upon completion of the contract conditions, the acquisition would mean a wholly-owned subsidiary Company and a change in control with new management from the Company taking over CGrowth Capital Inc. The Parent and Company are under a strict non-disclosure agreement, along with additional non-disclosure contracts with other related parties of specifics until all conditions have been met.
anyone want to buy shares at .005 there will be a million available?
What happened to the :
Eye City Parnership
Bahama oil
CBD
MJ Revenue $2 million
Add'l MJ leases
Dolomite $2 billion +
Gold
Silver
Diamonds
Peru
Taiwan
Louisiana oil
Wyoming oil
And now we have a share exchange highly confidential agreement with a no name mineral company that we cannot disclose....
lol
WOW .004S LOL WHO WOULD HAVE THOUGHT?
UP NEXT .0025S
I think Billie. Billions is dumping.. ..I think there is no Bahama oil deal.. and I think there will be no share exchange.. .. I'm hopeful at some point he will move along.. he's been a total BS artist the past ten years...
On the other hand these shares being dumped could simply be from fed up shareholders. ..
We need Rob for 5 days of drinking tweets.... this stock did well when he was hyping.
That’s what I said. Or also known as - just another day in pinkyland. $CGRA $$
LOL! Notice that someone has 1 Million CGRA shares hanging out on the Ask for sale at .005 for some Kool-Aid drinking true believer to snap up.
LOL. WHere did the 9 million go that they owe the Bond boys? LOL Is that what bought Billys soccer team?
Billy's Billions the hit comedy show is being looked at for a segment on "American Greed" focusing on how a successful campaign of carefully construed press releases went on for years while the owners made off with the money.
nobody wants that 469k at 0056 ? lol why? isnt it cheap
lol
lol
CGrowth Capital Executes Share Exchange Agreement for Minerals Company: Prepares for Change of Control and Up Listing to an Audited Reporting Company HE HAS SAID THIS MANY TIMES BEFORE
BREMERTON, WA, May 12, 2022 (GLOBE NEWSWIRE) -- CGrowth Capital, Inc. (OTC Pink: CGRA) (the "Parent") is pleased to announce that it has executed an agreement with a Minerals Company to acquire 100% of the targeted project (the "Company") via a Share Exchange Agreement. Upon completion of the contract conditions, the acquisition would mean a wholly-owned subsidiary Company and a change in control with new management from the Company taking over CGrowth Capital Inc. The Parent and Company are under a strict non-disclosure agreement, along with additional non-disclosure contracts with other related parties of specifics until all conditions have been met.
Under the Agreement, the Company must complete its two (2) year audit in anticipation of uplisting as a fully reporting audited company. The Company's near-term goals include further advancing to a listing on a senior exchange and a series of debt/equity financings to develop its assets and acquire additional holdings. A TWO YEAR AUDIT LOL HES BEEN UPLISTING AND AUDITING FOR YEARS. REMEMBER THE BORGES PR LOL
The Parent is required to make the transition without debt and further liabilities and will begin the process of divesting debts and assets as required. The Parent anticipates restructuring of its equity prior to a closing and uplisting. Due to the nature of the anticipated acquisition, its go-forward plan, and the restrictions prior to closing, the Parent will cease further acquisition and growth strategies during the lead up to closing. SO I SUPPOSE THIS IS HIS OUT ON THE BAHAMA OIL PLAN LOL
Additional information will be released jointly by the Parent and Company from time to time as benchmarks are reached by both the Parent and Company as both move towards a closing anticipated to take 60 to 120 days. ITHIS IS GOING ON IT'S eighth WEEK AND NO JOINT STAEMENTS HAVE BEEN MADE, I ANTICIPATE WE WILL NOT SEE ANY JOINT STATEMENTS.
What happened to the PPS? it took a dive... I wonder why lol
This share exchange buyout is fabulous
How about that massive dolomite of $2 billion amazing, isn't it
$2 million in MJ revenue
wow isn't that something.... lol
Any update son the Bahama oil project
going to the moon on this one lol
$40 million shares + returned to the treasury last qtr... was this his brother returning the shares?
today marks 60 das since the press release where he says a joint announcemment will come as progress is made between 60-120 days...
will we get the first announcement today?
shhhhhhhhh big deal coming
Tomorrow is 60 days since his famous no name mineral company PR
lol and all we got was he is 75% complete on the audits...lol he said there would be a dual communication as progress is made...lol guess no progress has been made...hahahahhahaha
what happened today down 12% and now in the .005s wow I didn't see that coming....lol someone who held a few million decided he/she had enough and came to their senses..
What happened to the oil revenue here... did that dry up too?
who prepares the financials go look at them and then tell me if you trust the guy who prepares them...lol
There are 2 things about pinkyland financials- no make that 3:
1)Doesn’t matter if they are audited or not.
2) if not audited - only adverse info in the financial statement can be trusted.
3) if audited- the audit/auditor can’t be trusted- butt any adverse info in the audited statement can still be trusted.
Nothing less than a total disaster..look at the sell side....wow lots of shares want out and are trapped into selling cheaper than they would like......where did all the pumpers go?
Outstanding Shares
The number of shares outstanding of our Common Stock was:
524,817,518 as of September 30, 2023
523,817,518 as of June 30, 2023
519,817,518 as of March 31, 2023
493,602,895 as of December 31, 2022
Recapitalization, merger, acquisition, spin-off, or reorganization either currently anticipated or that occurred within the past 12 months:
Acquired Savage Barbell Apparel LLC ~ https://savagebarbell.com/
Established CGRA Mining Inc. June 01, 2023 ~ https://cgra-mining.com/
Established CGRA Sports Inc. June 01, 2023 ~ https://cgra-sports.com/
CGRA Mining Inc. entered into an Irrevocable purchase Agreement in May 2023 for 51% of Subterra Holdings Inc. ~ http://www.subterra.us
The value of mining licenses/rights have not been considered in this quarter’s disclosure and will be done in Q4 2023.
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