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Re: Wallstreetman post# 4302

Tuesday, 06/10/2008 4:14:32 PM

Tuesday, June 10, 2008 4:14:32 PM

Post# of 5096
interesting...

One of the things I like about Cavico is their investment-oriented business plan. Its good to see a growing construction company investing in diverse areas from the stock market to real estate. Seem to be setting a firm foundation for themselves.

I feel more comfortable with henry as "just an investor", but I am also aware that he probably holds more influence than, say, one of us. In GTEC, we frequently saw the fingerprints of "The old management" in their decisions, which should have been a warning sign in that company's case.

Crocker has shown himself to be a rude B.S. artist to the people who have talked to him. In GTEC we were dealing with him back when he was running CCG by himself (Crocker's cell phone # is on the GTEC IHUB board for those interested). Hopefully now that his IR firm has grown to be bigger and more prominent, they conduct themselves in a more forthright manner. Or at least hopefully Roger is more trustworthy.
All the same, I would take anything from that IR firm with a grain of salt. Trust is earned and CCG has some catching up to do in my book.
To those who don't know, in GTEC, Crocker told certain investors in contact with him that GTEC would make a RS and uplisting a top priority in the first half of 08. Instead, we were smacked in the face with an equity financing deal that was dilutive to a completely unnecessary degree that guarantees we won't uplist until at least 2011. There are more "suspicions" about some of Crockers clients but that is beyond the scope of this board.

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