InvestorsHub Logo
Followers 14
Posts 5992
Boards Moderated 0
Alias Born 10/24/2007

Re: None

Friday, 08/05/2022 12:00:07 PM

Friday, August 05, 2022 12:00:07 PM

Post# of 56514
CGRW, The Management Delmar & Brent must be getting more desperate, They had to reduce the sale price of their Land & Equipment by $500,000
https://www.coldwellbankerhomes.com/co/rye/2340-bennett-rd/pid_48005430/
$2,499,000
-$500,000 (-16.67%)
PRICE REDUCED


Been listed for 30 days, No offers yet!
Of course management has 27 years of Failed Companies
https://www.otcmarkets.com/stock/CGRW/overview

Little Revenue, was $5000/mo...now with Operations shut down & for sale, Revenue?
Qrt Report showing HIGH DEBT
https://www.otcmarkets.com/otcapi/company/financial-report/332264/content

And Ending Qrt Report with a GOING CONCERN
NOTE O - GOING CONCERN
The accompanying consolidated statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. As shown in the financial statements during the period-ended March 31, 2022, the Company incurred a loss
from operations of ($4,598) and has not obtained positive cash flow from operation under its current operating plan. This may indicate that the Company will be unable to continue as a going concern for a reasonable period of time.
The Company's existence is dependent upon advances from its Parent company and its affiliates, the sale of additional equity stock, loans, and management's ability to develop profitable operations. Management anticipates the Company will attain profitable status and improve its liquidity through the continued developing, marketing, and selling of its products and additional equity investments in the Company. The accompanying financial statements do not include any adjustments that might result should the Company be unable to continue as a going concern. In order to improve the Company's liquidity, the Company is actively pursuing additional equity financing through discussions with investment bankers and private investors.
There can be no assurance the Company will be successful in its effort to secure additional equity financing. If operations and cash flows continue to improve through these efforts, management believes that theCompany can continue to operate and achieve profitability. However, no assurance can be given that
management's actions will result in profitable operations or the resolution of its liquidity problems