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Lol Wildfire isn't the one posting the numbers, contact 502data.com
Yes it all comes down to revenue
Nasdaq? Let's not get carried away now
And also new law firm engaged that specializes in mining law:
Bauman & Associates Law Firm 6440 Sly Point Dr., Ste 140
Las Vegas, NV 89131 Phone: 702-533-8372
Email: fred@lawbauman.com
www.lawbauman.com
And also:
the Company is currently engaged in a full PCAOB audit of its 2015, 2016, and 2017 financial statements. The Company continues to work through foreign verses domestic audit reconciliation, currency exchange rates, and timely procedural flow through in preparation to uplist, and once complete, remain current.
In regards to audit they mention:
The FYE December 31, 2016 financials remain as previously reported. This data is in the process of being updated to reflect information discovered in the course of performing PCAOB Audits, as yet to be completed. Due to these updates, ending balances may not flow through to beginning balances for FYE December 31, 2017. Most significant is a onetime loss on bond issuance contingency of $4,595,069.46 in 2016 that the Company has charged in the audit process to account the difference in bonds issued verse consideration received from an investor in our UK bond. The Company expects to recapture this loss upon settlement of the investor account. The FY 2016 and 2017 financial statements may be restated upon completion and filing of audited financial statements for those periods.
My bad, maybe next year? Lol
This pig is gonna fly! $CGRA
Thanks tips
By the way, releasing the annual report today wouldn't be considered late
That's one way to look at it
They receive 32k on a monthly basis from Wildfire Cannabis, it's all in the financial statements if someone takes the time to read them. Why would FINRA care either way?
In New York last week? Interesting...
Repeat of last year, Monday is gonna be the day
Let's keep the conversation on the topic of CGRA which is focused on developing it's oil and gas operations.
Yup huge, somebody needs their lunch money lol
Perhaps this will help clarify things for ya:
CGRA & its $2.7 Billion Dolomite Net Valuation
I think what some people don’t understand is that it was not CGRA that gave a Net Valuation of $2.7 Billion for their Dolomite Reserve. It was an Independent Third Party by the name of N.L. Olson And Associates that completed that valuation report. The valuation completed by N.L. Olson And Associates should be given merit in my opinion considering that they have done projects for Lowes, Staples, Walgreens, Kitsap Bank, China Sun Buffet, 76 Gas Station, Towne Center Mall, Sedgwick Carwash, and more.
(See later within this post for further confirmation.)
Below are some key facts along with some details regarding the over $2.7 Billion Net Valuation of CGRA’s Dolomite Reserve. Even though they have an assessed valuation from a legitimate Independent Third Party, they have not made the time just yet to further transform such valued dolomite into generating revenues. This is because of CGRA allocating its resources and time towards maturing its operational growth from its oil & gas reserves and its related marijuana/cannabis cultivation operations of which I believe is a fair reason. From doing my research, they do have a plan to mature their dolomite reserve which is why I believe it is important for us all to familiarize ourselves with its potential and to not forget about it.
CGRA released in a PR that an Independent Third Party had confirmed their dolomite to be worth in excess of $2 billion dollars.
Quote:
CGrowth Capital, Inc. Announces Preliminary Net Valuations on Dolomite Reserve
Independent Third Party Reports Robust Market Valuation in Excess of $2 Billion Dollars
SILVERDALE, Wash., July 28, 2015 (GLOBE NEWSWIRE) -- via PRWEB - CGrowth Capital, Inc. (OTC Pink: CGRA) (the "Company") is pleased to announce preliminary results and net valuations on its magnesium dolomite reserve. Taking into account the physical characteristics of the site, water tables, and anticipated mining expenses, the immediate probable mineral reserve has been set at 63% of the initial survey reserve of 505m cubic yards – which calculates out at 420m tons of material – significantly exceeding initial expectations. The estimated economic benefit from the site, after accounting for royalty, reclamation, and loss, has been estimated at a net value of approximately $2.7 billion.
Now let’s go back to an earlier PR where it gave some initial details about this Independent Third Party that had done the assay report valuating the CGRA to be worth over $2.7 Billion… N.L. Olson And Associates:
Quote:
http://finance.yahoo.com/news/cgrowth-capital-inc-updates-shareholders-153000344.html
CGrowth Capital, Inc. Updates Shareholders on Dolomite Survey
SILVERDALE, WA / ACCESSWIRE / July 7, 2015 / CGrowth Capital, Inc. (OTC Pink: CGRA) (the "Company") is pleased to update shareholders on its progress on its 348 acre dolomite pit survey. N.L. Olson And Associates, a multi-disciplinary engineering, land surveying and planning firm with over 40 years of experience, has completed the topographical and quantification of total gross Magnesium Dolomite resources on the Company's Eastern Washington mineral leases known as the White Pit - with total gross resources exceeding 500,000,000 cubic yards of material.
Free press if they filed a defamation lawsuit
Lol don't be holding out on us, do share...
Like what? Be specific
Lol what does that mean?
Ok so you admit there is a chance that they will surprise. Sounds like a pretty good risk/reward opportunity! $CGRA
Sounds like the market could be in for a serious surprise!
Why is it not possible?
Or 50 percent, depending on how you look at it! lol
20 percent upside from here, not bad!
So you admit there is a chance that they can come through. What do you think will happen to the share price at that point?
What about you, how high do you see it going?
How high do you see the price going?
The question is....what if it IS audited?
And then 3 months ago they posted on facebook:
We have been ramping back up after the holidays. Bond financing is back into full motion. We are still anxiously awaiting well completion. And most exciting, we are getting down to the last little pieces of our audits!
Why couldn't it be? 6 months ago they publicly stated:
US Audit is at the "confirmations" stage, as we continue to supply backup information for various assets, liabilities, and revenues to the auditors.
And what if....it is audited?
The extension notice states April 13th, so....any day now
I bet ya it will be audited
Bring on the news! $CGRA
Annual report going to be posted any day now
Just lunch money being traded at the moment. $CGRA
Should be an interesting week. $CGRA
Is it Monday yet? $CGRA