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This is just too quiet for a new casino opening on Mon Dec. 20th 2010. I sure hope we don't get another let down. At the very least if the casino is not ready CGAQ NEEDS to release a pr with a small explanation, don't leave us hanging again.
Maybe I'm a jackxxx but I totally disagree! Last financials showed minimum dilution for everything going on. I would suspect they dropped the 3 for 2 share buyback because of little interest. As for the live casino I would HOPE since they are not the programmers of this the problem is with the writers of the live casino and not CGAQ! Maybe to keep good relations is why they just can't come out and say the writers are dumb axxes and screwed it all up. JMO!
I knew you would come on and say this sony. Can't you just be happy for now, they are keeping us posted on this venture unlike in the past. Past ventures everyone was mad because of no communications and now people are mad saying the pr's are just fluff.
Very quiet day so far, with neither buying or selling. Been wondering today, what would make this stock jump? It seems many past, current and future investors lack the confidence in this company as it has let us down before. If anyone had said a year ago this stock would be .0155 they would have been laughed out here. This company has so much going on but with all of that we stand today still as a loss for many who have been here for some time. I first bought in sept of 09 and slowly have averaged down to .0710. I keep hoping with every venture we will start seeing the light but so far nothing. We now have 10 days left before opening of second casino, what's going to happen with the pps? would be awesome if it did like it did with the first casino opening up for it to jump up to that .63 even for a day. I know that is wishful thinking at this point would love to just be even and slowly move up the charts with each new prosperous quarter. I wish CGAQ all the best, for their prosperity will bring us prosperity as well. Good luck to all as I am still long and hopeful.
sssneo you got a person mark from me as well. You write it like it is around here. If you wouldn't mind i would love to see the pm you sent out as well. I know I will have to wait until friday.
Just like the ones who keep saying wait til feb posted nothing to your questions that is exactly what is going to happen in feb "NOTHING"
Been here 1 year today, just sold my position, this stock is going nowhere's, goodbye and goodluck!
At least he's keeping us informed on this casino, with all other projects pr's never came out keeping us wondering. I'm happy to see this pr that maybe he has read our past complaints about keeping us posted on current progress. I agree I too wish I knew whatever happened to the online casino and it also would be nice to know how much stock was bought back but I am happy with what has been put out so far in regards to this new casino. Remember sonystyle your not the only one who has lost money here. We all are a bit frustrated but posting negative comment on a regular basis may make you feel better but it sure is helping the stock.
Havn't seen the store in person but the one picture which I seen which was a small photo showed only clothing type inventory. Electronics takes space. The new store is only 4000 sf, can't store too many big items. I used their online Biz Auctions before and was very happy with everything about it. I personally would hate to see it go. They communicated with me constantly during and after the sale. Was extremely impressed.
For this type of inventory I can see why an outlet store is the way to go but for the inventory of electronics (what the online auction site is famous for) again inventory is way down, curious why? Was it not profitable or do they see more money in this type of inventory. With online sales increasing one would think they would still be leading the way in this direction. But once again I do agree for clothing and perfume and stuff as described in the pr an outlet store is best how to sell this stuff.
CK 1 appreciate the reply but I wasn't referring to the outlet store in chula vista, I was referring to their online BIZ AUCTIONS on ebay.
I would venture to say BZCN is concentrating on their outlet stores as their online BIZ AUCTIONS has only 99 things for sale on it. This time last year it had over 1000 items for sale. I watch it quite often and it seems on average it has about 200 items for sale. If in the past the site was successful I wonder why the inventory is way low?
Everet I too bought in last year averaged a bit down to .0032 but was very afraid this year to buy any more and so far my fear is correct. I too am wondering if this year we have hit rock bottom and this is all this stock has to offer to its stockholders.
So this way you can read the whole financial report just go to pinksheets and go under CCTR and pull up financials and then you can see everything. They went up alot just like in the past quarters.
If all the sells were buys today, we would have had a great day! We would have people pumping this like there's no tomorrow instead we all just sit here and wait and wonder where the o/s stands and if we will have a nice christmas run as years past. I have a feeling we won't see financial just like last year until the end of the year. Second quarter financials came out in about 1 3/4 months. The third quarters last year came out late in Dec. which is 2 3/4 months. We all know BZCN has diluted this quarter as they have every quarter its just the question on how much.
I agree the original point I brought up was more to reference my thoughts on why all the old pumpers jumped ship yesterday. Definitely don't want to argue this morning. I'm in a good mood and hope all others are. GLTA!
Hope all are right Gl2U
I hope you're right! Time is here we shall all see if all of our dreams will come true or not.
This is all true but most here are just here for the christmas run they can care less about future earnings. I've been here for about a year and this company was asleep all year long and now with the yearly christmas run all of a sudden they start posting pr's about this and that kind of makes you wonder. So what will happen after this years run, back to sleep they go?
I don't know if this company is diluting or not but we all know this company is famous for diluting. I think all the old pumpers knew this and still felt comfortable with the old 5 billion share count, now with the new share count of 20 billion it really made people run friday and yesterday. This company can secure all the contract it wants but if it is diluting like crazy and are past the original 5 billion the only thing this company could do next in order to get the share price back to a respectable level is the r/s. I hope they are not diluting but this company has a bad reputation. GLTA! and let's hope for a run so we all can make money. ALL IMO!
If the bashing doesn't stop this stock is dead. Think about it would you invest here after reading today's posts.
That's right they are making great money according to their financials and still are diluting the hell out of this stock. Sooner or later they proberly will have to do a r/s to make it attractive again to new people. I once again bought into the hype but didn't sell in time for the fall and now I sit and wait for nothing to happen but my account get lower and lower. If you just got in I would sell and get the heck out of here. Take your small loss, their's much better stocks out there.
EVERYDAY! They show they are making money but stealing money from us. What a POS COMPANY!
Hey Jonah shouldn't you be eating your hat now? Not much dilution this quarter. Wasn't that one of the things you said you would eat your hat on?
NT 10-G filed today (Nov 12) past records show 10-G coming out ten calendar days later so if history repeats intself we should see 10-G on Nov 22 of this month. Hope to see some great numbers.
Jonah is that like a fantasy of yours to eat a hat? lol
LOL me too!!!!!!!!!!
Early morning dump hopefully is over, now we can continue growing from yesterdays jump. GL ALL!
711,876 shares averaged at .0032 from last year.
CGAQ UP 110% YESTERDAY
Today already looking green pre-market, get in cheap!
Been away all day today, nice to see what has been happening around here. Hope to see more and I mean alot more of this. GLTA! ESPECIALLY THE LONGS!
CGAQ "BIG NEWS"
Caribbean Casino and Gaming Corp. Announces Payment for Casino Luperon Has Been Made With a Grand Opening Scheduled for December 20th, 2010
November 10, 2010 9:56 AM ET
Caribbean Casino and Gaming Corp. (PINKSHEETS: CGAQ) announced today that payment has been made for the 2nd casino location situated on the waterfront adjacent to Lou Perone Marina Resort within an exclusive, self reliant resort community. The Luperon Marina Resort, considered the most desirable marina on the North Coast Waterfront of the Dominican Republic, is stationed along a tranquil bay that hosts nearly a 100 yachts. Numerous residents live aboard these yachts while the marina has become a fantastic transient destination for sea going vessels.
CEO Steven Swank stated, "This is a gold mine for CGAQ as the overhead expense and investment are minimal compared to the Sosua Bay location and includes a captive audience in a remote waterfront location."
The hotel features 860 rooms that have been reserved at 100% occupancy until Easter 2011 and is expected to produce 1500 - 2000 visitors per day. The location includes the Galactic Night Club and is the only casino and nightclub within a 40 mile drive.
Mr. Swank continued, "Our conservative preliminary revenue estimates initially expected to equal or exceed the Sosua Bay location which made it an obvious acquisition, however taking into consideration the final costs and economies of scale, we expect the revenues from the Luperon location to far exceed that of the Sosua Bay location. Further, it continues to increase the book value of our company."
About Caribbean Casino and Gaming Corp.:
Caribbean Casino and Gaming Corp. (PINKSHEETS: CGAQ) is the owner and operator of the Sosua Bay Grand Casino. The corporation is focused on becoming a leader in the Caribbean for gaming and entertainment to include live betting in its partnership with Kenilworth Systems Corporation from cameras located above tables within the Sosua Bay Grand Casino. Not only will Caribbean Casino and Gaming Corp. offer world class gaming and accommodations within its facilities for those visiting our properties, but also allow patrons to wager (where allowed) from the comfort of their own home or hotel room. The casino is now the centerpiece in the Sosua Bay Resort at Puerto Plata, Dominican Republic, the largest and most populated Caribbean Island.
FORWARD LOOKING STATEMENT
This report contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this report are made as of the date hereof and Caribbean Casino and Gaming Corporation undertakes no obligation to update such statements.
I agree everyday out the gate some nice buys come in and then the rest of the day manny sells. This has been a trend for about two weeks now.
You are so wrong on that one. JMO
I've been sitting on this runway now for almost a year, when's this dam plane going to take off?
I too am quite upset with the downfall of this stock, but more so am getting quite upset with IHUB members feeling as though they can post anything on this sight without any proof, along with posting negative comments that mean nothing. This is a building company we must all realize it is going to take time. I hate to say it without proof but I do agree with others they have diluted a bit but not to the extent of what IHUB members are posting here and to throw in such comments about a r/s is quite disturbing. This company and its management seem like they are trying to pull it back up by the purchase of stock and this current 3 for 2 buyback program. Most pink company's don't care and do dilute the heck out of their stock and then do a r/s without caring but this company I would be shocked if they did. If we all would come back on board maybe Tyler would come back on IHUB and start posting again from time to time with current events. Let's give it a shot and if you have given up at least stop posting garbage, I hear yahoo message boards are filled with angry posters so go over there and join the mob.
New time high I mean low hit today. .009 got to love these penny stocks.
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Let's try begging, please don't go sub-penny, pleeeaaase!
Prussian I agree with you if you look earlier in the day I was wondering also why the slow days lately. I believe as well people are holding and not selling, waiting for the big punch to happen. I will say I highly doubt the company retired or bought back shares. JMO!