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Wouldn't you like to know. I believe someone has suggested where to look. I took it and am happy where I sit today. JMHO
There is solid information to be found. I am with the others, though some on here are not deserving. None of the information is a secret though you just have to know where to look. Good luck Don
I think a lot of people are going to be eating their words soon. JMHO
Chade, you know that was the old comission. And the new one is doing their own. Thank you for reminding us just what Swank has gone through in trying to secure this track for us. Glad he is not like some of the shareholders and give up. JMHO
The PR from June was the old horse racing commision and they were ready to sign then they got fired. Now the new one is finishing up their own audit.
Fighting Falsehoods with facts, The Long, Well Informed Shareholders!
From many different sources me thinks.
I would like to place a vote of "no confidence" in Steven Swank as the CEO of CGAQ.
Seriously?!!! The company that said they were told the other bidding candidates were eliminated and that the bidding was to be closed in DECEMBER. Only to find out the bidding hasn't even started yet and the horse racing comission doesn't even know if they want to lease it. This company you think would get a 100 kiosk order would not announce it? BAhahahahaha I don't know whether to laugh or cry. Sounds to me like Swank had a good idea and now someone else is off and running with it. Yeah that's positive.
Right. So why not take the 152k and buy something else?
Listen up folks because this is as simple as it needs to be.
A year ago Swank told us he already had over 100 preorders of the kiosk.
Sales price to be 5,600.00 each. So $5,600.00 x 100 = $560,000.00
That was a year ago! Also according to the company these things were in operation for 4 months prior to the Feb 2011 anouncement. The recent press release said they just finished beta testing? WTF
Back to the 100 units preodered... The company needs 290k well then instead of diluting my ownership in the company how about you finally sell the 100 units and take the profit to do what you need to do? What is so hard about that. I am beyond pissed. Swank you think I am joking sell some shares below .01 and see what happens. Maybe E. lion heart and ass. or New moon would not find your .005 so attractive if they knew the longs are about to march? At least that is my opinion got a feeling if I go not to many gonna stay.
No it did not or else I would be buying today quietly to soak up as many shares down here at .006 as posible.
So do you think there is a chance then? I mean is someone is offering you a little more than 150k for what is worth 102k currently then you must still think there is a chance? that is where my confusion lays.
One other thing Chade in regards to the offer from Necks. He is offering you 50% over the current pps. I'm a bit confused as to why you would not take him up on the offer considering how much you hate this company. I for one would like to see the longs stop making so much negative noise when CGAQ finally provided proof that they are indeed working on getting the track.
JMO
Stern warning to Mr. Swank and Co. in regards to raising an additional 290k. Did he not say it would be idiotic to sell at these levels? Well Mr. Swank should I see any movement of shares at less than .01 from this day foward I will liquidate in a day. I am sick to my stomache thinking you might be playing us. I dump .0001 is on the way. So HEY the ball is in your court Swanky!
Also why the hell would you need money when there are Kiosk orders on the way that would pump 290k into the company just by selling 100 units?
Bob Dole... About to walk away.
Yep it is finished. Finito, the MACD is crossing, CGAQ is popping up on private list all over the place and the track deal is to have a yay or nay this week. Oh and you know that initial 1.60 evaluation based on internet gambling before they cracked down on it using a law that doesn't even apply, Yeah CGAQ is going up. Oh and not to mention the company is still worth .02 on paper and is oversold but ohh well you are right they are done. Oh and the Kiosk are about to come online. But yeah they are done. Let one individual who is owed 10k from another individual lie and say the company is liable which they are not and then lie and say someone was compensated to lie when he has repeatedly explained why he was given shares but hey their done. Oh and the company is selling shares to the longs at a discount those bastards. They should sell to new people right? Yep they are done. Done on the pinks that is. FSE here we come but don't forget people get paid to knock stocks so the big boys can come in and buy everything up on the cheap and we have a long with 400k in 16 million shares that apparently doesnt care about a loss although I bet he hasn't been selling but hey yeah they are done right?
Let me tell you something if we get this track, a reputable thoroughbred track and online gambling is made legal (note Horse racing is, has been, and will remain legal) then who would you gamble with if presented with a choice between company x a online gambling company or CGAG aka company Y that has a prestigious horse race track and live online gambling already in place. Yep we are the dumb ones who are potentially looking at a 4000% profit. I know I would be talking all kinds of crap if my 400k was worth a potential 32 million right? I mean that makes so much sense I would do anything to hurt the company because hey I don't need 32 million right? Well someone in here has 135k invested and is looking at 50 million profit but I'm sure they are going to talk all kinds of bad stuff to help bring the price down Right? WRONG!
How about this instead of running around saying how poor the company is which after reviewing the facts I would say the management is brilliant and you are about to see why. Oh and lets not forget a kiosk / lottery contract that would be a huge revenue generator if only we had an entire country like the DR that wants to sign on. But yep I'm an idiot.
I would rather Swank offer them to the longs then outsiders first. Look I have gone from being an 11% holder to god knows what now. I am as pissed as you. But the discounted shares have yet to be sold and the discounted shares went to people with cash. Liquid capital to hopefully help us get this damn track. So with all respect Chad I have watched the pps of this company go up and down now for over two years and I can tell you with certanty that this recent drop on awesome news was likely brought about by people making outrageous claims that have no bearing whatsoever on this track. Now we are two weeks out from the end of the year and if Swank thinks the shareholders are suffering now wait until I decide to push the button. Keep poking the bear Chade on the verge of making a ridiculous amount of profit and you can't stop...
"I am not willing to give up on this project just yet," added Swank. "It has far too much potential to not see it through to the end. By my calculations, the revenue generated from operating this track would return our market cap to previous highs and beyond. The $1 million is sitting in escrow, waiting to be put to work.
Sounds like someone would be an idiot to free up shares to sell for a penny when the price could be worth north of $1.70. Also want to point out that there were no signs diluted shares were being sold on the open market until claims were made on here. Then the RSI dropped drastically (which was likely caused by some investors starting to walk away). So with all of that it would appear to me that this price drop has been caused by disinformation and lack of proof from the company. I think it would be smart to shut up and wait for the letter which I would expect by Monday just because I know Wallstreet007 plans on sending our request to the OTC if we have had no response by then.
Also Wallstreet007 I have a feeling you struck a cord today. Keep doing whatever it is you have been doing. I eagerly look foward to your inquiries as they are.
Chade you mean to tell me we have waited this long and the man says asap on the track and you are still raging? I'm confused did you want to see your 400k turn into 32 mil or not?
When a disclosure is made like the one on the 16th of November it must be followed up with a attorney letter of review within 30 days. Today is the 16th...
Specifically speaking, I want to see proof that we are and have been in negotiations for the track with the Dominican Republic, and if we have any competitors or if this is just a proposal to the government in review?
I do have many, many other issues but trying to stay on subject.
Nope he said early this week. I can quote if you want. Maybe it is time someone shows him what happens when you don't fulfill your promises.
I want to be careful about what I say but I am thinking I may start moving as soon as market open in the a.m. (thinking). If 6 million shares were not a eye opener I wonder what would be.
Just tired of nothing materializing. You know I own a company and I would be out of business if I didn't meet deadlines. If the deal is true and the DR does stand to make a lot of money here then I wonder if they realize not holding up their end may squash the deal before it happens. Of course that is where a good CEO would come in and make it happen.
Ok so where is this letter? Hey Steve really thinking about taking a walk here. My suggestion would be to tell us something before we act on nothing.
Well isn't gonna make me go broke. Strategically I can go either way at this point. As far as if its a yes then yay and if its a no then a much needed tax write off.
First of all would never put words in your mouth just wanted clarification. Second there is google translate and I have a Intelligence Quotient of 148 so I hope I can figure that out.
To the letter itself, I would expect that given the letter of good standing is in regards to the track there should be some mention to that extent.
I can not speak for anyone but myself but if we get the track and Swank has had to sell 100 million additional shares to accomplish it then my now sub penny investment would still be worth over $2.00 so I don't think I will be mad at all. Especially now knowing he has offered current investors prefered stock.
Am I happy no. But if Swank makes me 2000% then well I will be.
Note: I know is a big "if" but still is what it is.
So are you saying if an official letter of good standing actually comes from the government of the Dominican Republic we should not believe it?
I'm thinking the smart money, (likely not us, but there is always a chance), is waiting on this letter of good standing. Tomorrow would be mid week and today would be early still so think we see it today?
Mr. Swank, it is gut check time. Do we or do we not have the track. Selling off and taking a loss this year is starting to look more attractive for me financially then holding on.
Oh and to the letter of good standing. We were to get something to that effect in October you know when you anounced we were. Now in December we are supposed to close the deal according once again to information supplied to us from you. So that is why I am hardlining this. Listen up folks. We have been strung along for some time now. If there is no track then this company is destined for failure IMO. CGAQ said the winning bidder was to be announced in December period. If we don't get any news saying we got it and the DR does in fact award the winning bid as advertised then... Not hard to figure out we did not get it. Not saying we haven't but be warned. No track this month means no track.
Toshiba I have been trying to stay positive. That is why I got off of this board for a while. I know a lot about what has been happening and this is it. Deal or no deal. Not trying to be negative, just saying I am done waiting. The money that has sat in this stock has probably cost me a few hundred grand off of what I could have made doing low percentage blue chip gains. So I am in fact losing and have been losing for some time. I know I would be just as good ordering my shares on paper and burning them but then my presence would not be felt by Swank and co.
Since I now know Swank reads this board allow me to put my 2.3 cents in (anticipated future value of current shares ). Come January 2nd 2012 if we do not have a signed contract or definitive agreement that is made public I am dumping and I mean dumping.
Get it done. We are not waiting any longer. No more delays no nothing done or not done Jan 2 is coming quick.
Here's hoping we all get a very very nice Christmas suprise!
Online horse betting and kiosk positioned around the world. Well that might make a dollar or two for us!
My two cents: Information obtained through various methods of due dilligence and last night I found out something very promising from someone who had been at the Hipodromo before the corrupt company came in. He also opened my eyes to the world of online horse betting which is legal here in the United States (i.e. TVG.com). Thing is if only a company with experience in online live video gambling could come in and take over the Hipodromo and bring a reputable, trustworthy gambling website well this company would probably do very well in the U.S. Now also picture if the previous company who made and maintaned a beautiful horse race track, (according to a good friend who was personally physically there) known as the Hipodromo, pulled a profit of $300 million U.S. a year (One source confirmation). As of now though the track is run down although they employ some 450 more employees today (government corruption many people receive a paycheck that don't even come into work. (multiple source confirm). The company that is running it now is most definitely on the way out or out already in some areas. They need CGAQ as much as CGAQ needs them. Thing is the government after literally just being burned wants to make sure CGAQ will be reputable. Well folks in the gambling world one of the most popular forms of betting (especially in the Latino comunity is duhn duhn duhn.... Boxing and who just made a big splash with a Guzman so fired up he knocked out his competitor in the first round? umm CGAQ) so now the Dominican government after all the background checks and vetting in my opinion is getting ready to finalize what has been a long but legal vetting process in hopes that CGAQ and Swank can return the track back to its former glory.
Get ready its gonna be a fun ride! (IMO)
Maybe you should post the request before hand so we know what we are voting for. Then we can say we agree with and vote for such and such information.
Just a thought.
I like this idea and you will receive an email from me shortly. Organize a majority vote. Why didn't I think of that?
Might be but RSI is holding fluctuating but holding. From a technical standpoint looks like shorts and daytraders taking advantage of a 30% average daily price range. Thinking about it myself.
That's my point this is not a company doing buisness under the veil of limited reporting. So to continuosly make accusations of dilution is pointless. The company would have to report sales period. So if people wish to critique the way the CEO started out and point out his short comings that's one thing. But false and misleading information should quite frankly be ignored IMO of course
http://www.otcmarkets.com/stock/FLRE/news
Companies that dilute are not transparent. This company put out a special press release, that cost them $500.00 to release, to clarify and maintain transparency. I would caution others who would believe dilution is in fact taking place to realize that FLRE makes all neccessary SEC filings being on the OTC QB and that this press release does hold weight. Essentially because if it was not the truth they would face going to jail for a minimum of 5 years.
FLRE has excellent potential. But a lot of ifs yet to be sorted out. The nice thing is they appear to be trying to fast track the process.
Definitely on my watchlist.
GLTA
No I believe we were supposed to hear something back on that and on the new appointment of the Investor Relations person or persons last week. Maybe this week. I hope Chad remembers the frustration with not knowing whats going on and works diligently to inform us of any changes or decisions that have been made or are being made.
Still rooting for you Chad just hope information is forthcoming soon.
That's why I decided to get some positive information spread about.
Cartegena Economic snapshot and projections.
http://www.hvs.com/Content/3056.pdf
Puerto Plata surging in Tourism!
http://dominicantoday.com/dr/tourism/2011/11/14/41635/More-Canada-tourists-help-Puerto-Platas-quick-recovery
Looks like Swank knows what he is doing eh?
Time to start getting excited!