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My thoughts exactly. Everyone knows that this company hasn't completed anything. Can't even complete a payment towards their employees.
Either no volume or high volume dump
It's not good when there is high volume and you're in the red. Obviously investors are realizing the shortcomings of cgra. This company has not completed anything. Basing their success on completing a build out is only fooling yourself. They continue to leave investors in the dark. This company can not even pay their employees. WHY WOULD THEY CARE ABOUT US?
Seems like more and more are looking to get out.
Investors are finally realizing this is a hoax and are selling now to get out. The lack of updates and the shady operations are finally catching up to this company.
As per last quarterly Report:
We have no idea what the terms are for the other companies that have signed the leases. Where are they going to get the money for the build outs when the bond information said NOTHING about it?! Bill doesn't want to release any information to his shareholders about anything this company does anymore. Obviously, he doesn't give a damn about us. Ull have to wait for the quarter report for any kind of information imo.
For everyone's sake I hope you're right. Robert himself claimed to watch the message boards. I don't doubt there's a run coming but I'd take any profit out afterwords.
Taking shares instead of cash as payment? Yeah... not shady at all...
Quite a few buys this morning.
Such a great discount at this price too right? Lol
I'm not going to try to explain when there has been so many government body names, oilfield companies, and other individuals parties were brought up. Too much to remember. Talk to the previous employee he is more than happy to tell you everything .
I have asked him plenty of questions. Most of his knowledge is on the oilfield side of things. That's all he knew about the mj build out. Cgra has pissed off a lot of people. People we don't want to go against. If it's true, then no amount of money will make their oilfields worth it.
If anything does go through, it's most likely going to be the build out. According to their previous employee, they've been taking any money generated from their run down oilfields and putting it towards their mj build out. That information is based solely on their former project manager.
And with these assets what kind of positive cash flow have they generated?
Nothing had ever been "done" in this company for 3 years unless you want to talk about employee and landowner relations
Because Robert is a great talker. They probably believe that cgra will complete a build out for them and I bet you those companies paid into it as well. Watch as the year goes by and nothing gets completed. That's my educated guess.
No one is arguing about the run. It's the belief that this company is actually going to complete somthing that is being disputed.
Pure speculation on revenue. Everyone only wants to hear the good things these days.
Assets were not put onto their balance sheets and they have not completed a single thing. Still have not gotten an answer on my previous question.
Any proof he was actually there?
So they, as in cgrowth capital, have to complete the build out first. Exactly what have they "completed" in the past? If you're going to say their oilfield, than how come they can't afford to pay their employees. How come they are in dispute with landowners? Maybe because they couldn't pay them as well?
I'd prefer to have people talk to him. Better to hear it from the source instead of someone else... but for you I guess I'll write up my conversation in a bit ;)
Twas quite a long conversation.
If there is any truth to what the guy said when I spoke to him, then we could also be seeing a lot of issues in the very near future too. Hopefully not of course but the oilfields may very well face a lot of problems (not regarding the price per barrel). Of course you never know if it's true but it was sure an interesting conversation.
Petty? Alright. Maybe in your opinion. Doesn't hurt to talk to the people that actually worked for the company. You might just learn about the people who run this company.
The Project Manager was more than happy to give his phone number if I had anymore questions. I`m sure if you reach out to him, he would be willing to have a chat. It seems like a decent way to find out any more information on the company`s characters.
Very interesting find you might want to check out. Go to their Facebook page and look under reviews. There is a conversation from a 1 star rating in December 2015 between an investor and a project manager from cgrowth capital. According to the project manager, cgrowth ran their oilfield to the ground and didn't have the money to pay the people that worked for them. Easy to find on their Facebook page. Thought I'd let everyone know...
Why was none of this announced. Such a big move with no notice. I'd like to know how they expect investors to buy bonds they don't know of. Am I missing somthing?
Haha I'll throw you a case of beer when it happens cause I'm waiting for that too.
Won't hold anything until Financials prove the games are worth a damn.
Where did you hear that from?
Yup. Steer clear from this one. SCAM.
I'll back that statement!
Bro really? Screw the mirror, you just pointed out the reason why this is dropping. cmon now. News is LONG OVERDUE.
Yep... now there's some real truth.
If what "Robert" is telling the truth about how "Bill" runs things. There won't be any updates being posted anytime soon as he doesn't really care much about the investors opinion. I kept quiet but honestly when I was told that, I was hoping the stock wouldn't end up like this. Oh well. Time to scrape off as much of my money as I can.
I just want some of my cash back at this point.
They're probably being cautious. They've been accumulating a deficit from their previous attempts at games. Really feels like a make or break it scenario but on a budget.
They need to drop this family game crap and start making the next big mobile war game. THAT brings some real cash. There's a handful of them but still bring in millions of downloads and people spend tons of cash on them. You need a competitive environment to make big profits. Why would you waste your time on a demographic that relies on someone else's credit cards (parents) when you could focus on the young adults with high egos willing to spend some cash to take someone's spot in game.
Is this a sincere post? I mean just this morning you were saying... lol just lol
Music to my ears. Thanks for the update