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Gene_finder

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Gene_finder

Re: None

Friday, 04/23/2010 2:54:29 PM

Friday, April 23, 2010 2:54:29 PM

Post# of 88
CGPI.OB

The business seems promising and it is ready for a NASDAQ lifting. It is trading at a forward PE of 5X. However, in their recently S1 filling, all the 24 PIPE investor are selling ALL of their shares owned. This makes me wondering. Why don't they want to keep at least part of their shares if the business is growing and the valuation is cheap.
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