CGrowth Capital Inc (CGRA)

[Mistral]

Apparently, the CEO had a piece of dirt land on him a few years ago while meeting with investors in NY on behalf of his finance business Keystone. This was 100% unrelated to CGRA. I doubt the CEO knew this guy had a rough background.

The Radcliffe boys operate out of a rundown office in upstate New York.

6061 Main Street, Tannersville, NY

They are in the links below and others if you really want to dig around.

https://www.sec.gov/litigation/litreleases/2011/lr21814.htm

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=114375202

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=128424262

Kenneth Radcliffe filed a RICO claim on Wright/Keystone last December and is suggesting his money went to CGRA. He got hit with a big fine last fall, and needed to come up with six figures quickly. So he has a motive to file a bogus claim and hope it sticks. I've seen this before on another stock. No idea what really happened back then between Keystone and Radcliffe.

https://www.pacermonitor.com/case/20104150/Radcliffe_et_al_v_Wright_et_al

The CEO has a very skilled attorney--link below. They are filing a Motion to Dismiss and going through the Motions and requirements of the court to engage in a settlement conference.

https://www.linkedin.com/in/daniel-s-steinberg-46162576

I'm not concerned. I believe the Motion to Dismiss will be granted.

Been a long investor with many others for awhile.

So the CEO has no dirt on him? I reviewed the financials just real briefly and I did not see anything suggesting that the CEO piled debt on CGRA with one of his other companies, I did not see anything of the sort.