RE: Is CAGR still doing grapewine business in China?
Mr. Hwang,
Two years ago I merged my public company China Food Services with California Grapes. Part of this merger agrement left me with only 30% of the company. The current board members refused to honor the terms of this merger which was to financialy support the business. After 1 year of constante battling with the majority board members regarding the financial support of the wine store and to create an education center to educate Chinese consumers on California Wine, I was forced out of the company. I have lost over $200K of my personal investment, my 30% and my public company.
What CAGR is doing? I don't know since I was forced to leave the company almost 18 months ago. Any information regarding CAGR must be directly with the current Board of Directors.
This was Franjose'response to my Question, what should I do now? any above question to ask current board of directors! I have invested a lot of money in CAGR! ask them the company is still working and active, otherwise, I will lose a lot!
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