California Grapes International, Inc (CAGR)

[himotephe]

I'll add to this:

The EOY financials showed revenues of 232k. Altogether, the loss was 272. Frank managed to get that revenue WHILE building to 1000 stores. We haven't seen the full effect of having revenue from 1000 stores. The naysayers are going bananas over a quarter mil while the loss in 2008 was nearly 500k.

All Frank has to do to break even is bring in 550k in revenue. I think it's a doable with 1007 stores. None of us like what Frank did but we didn't have a say and if we did and said "no" the company is liable to be dead without further financing.

The bigger picture here is what the longs have said when I first purchased shares: It's long term. Some of you have 100m shares and can play the scalping game to your hearts content. But most simply want a good payout on a good company. If Frank can generate more and more revenue THIS YEAR, assuming the economies don't falter again, isn't that what we want? Isn't that what Frank said in the last CC? This was the year he is shooting for profitability? With 1000 stores, could be done. And if it doesn't, he won't be off by much as long as things are consistent.

Oh..and here is the supplemental:

http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=43952