California Grapes International, Inc (CAGR)

[armour1955]

Fear in need of comment:

According to IHub the last SEC filing by GHDI was in 2008. According to Yahoo Finance it was 7/2009...schedule D - exemption from registering stock issuances above $1M. GDHI posted annual financials on its website but they are not audited nor filed with the SEC. This quarterly filing we are waiting for will not be filed with the SEC either... So I am safe to conclude that GDHI is not a fully reporting company...I think so. Indifferent, quantitative investors look for certain attributes of companies before they put their money in such as (1) Audited Financials (2) Clean audit opinions (3) timely filings (4) blow out sales and earnings (5) an advantage - product, expertise etc. Even if the quarterly report is a "BLOW OUT" there is no over sight or analysis by the SEC so are we fooling ourselves into thinking this report will vault the pps to new heights. Achieving compliance with all SEC regs that make one a fully reporting company will take a year (audits, reviews, filings). Until then GDHI pps may langusih right about were it is. The short recognized the short comings and took advantage. Comments anyone...what am i missing...?