California Grapes International, Inc (CAGR)

[Dragon5]

I would like to know how you lost confidence in GDHI when the company has turned the corner is in better shape by far financially now than when you had confidence!!! If you took the time to listen to the conference call, Frank has LOC's (letters of credit) set up with several Chinese banks to fund operations (buying and delivering product until sales are realized) and then payback the LOC's-This is common among retail businesses and the best way to fund and expand operations without selling more stock or long term borrowing-So please tell us how you decided that he is undercapitalized now that he stated quite confidently that GDHI will be cash flow positive by year end!! I remember your heart operation earlier this year and I hope you are ok, but as you said you have been wrong many times, Jackson, you are wrong again-