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Prudent Capitalist

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Prudent Capitalist

Re: ForReal post# 33002

Monday, 05/18/2015 11:42:53 AM

Monday, May 18, 2015 11:42:53 AM

Post# of 127626
Yikes!

The Q1 report tells us that on March 10, 2015, CGRA issued a total of 40 million shares in order to satisfy just over $25 thousand worth of notes. This means that some people were receiving a significant amount of stock at $0.0006 per share while retail investors like you were paying $0.0017 for it on the open market. As you can see from the figures above, the amount of debt at the end of the quarter was by no means small and if a larger portion of it gets converted into discounted stock, the effects on CGRA could be quite serious.



http://www.hotstocked.com/article/90137/cgrowth-capital-inc-otcmkts-cgra-likes-the.html
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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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