California Grapes International, Inc (CAGR)

[Dragon5]

I think we are all getting ahead of ourselves here talking of .10 and .20 and $1.00 by year end-I think we have an excellent chance to be at .03-.05 by year end, but remember, we still have 2 billion shares outstanding-Frank is addressing the share count as we speak, but that number has to come down even more-Just think, if we have 2 million in net income with 2 billion shares outstanding that equates to one tenth of a cent in earnings per share-As time goes on we need to reduce shares and we will, but realiistically we have to look at at 2-3 year time horizon to put everything in place to have a .50-$1.00 a share stock price-