Finally... I KNEW there was SOMETHING I'd agree with you on. Yes... the P.R's are horribly written. However, I would disagree that the last two P.R's have been. I actually was sincerely impressed (given CGAQ's PREVIOUS track record with P.R's) with the last two, and I believe investors were as well.. as we've seen the stock go from .007 to .0127 (even reaching .014 at a point). It's holding right now, waiting for more news, but I believe Swank may have finally realized his P.R's need to have sustenance.
Regarding the last P.R. I am not thrilled we are venturing into columbia at this time (or attempting too.. or maybe looking into it... or possibly considering the idea... or hey I just threw this out there what do you guys think? .. ) We need to complete some projects in the pipe line and start earning positive cash-flow so us investors can stop fronting the bill for every whimsical idea Steve has.
The point of expanding your business is to build upon previous successes and grow. We have a casino, and a slot parlor. I'm not sure how you can build 3 or so more casinos (columbia), buy (lease) a race track, build a vegas style casino, etc.. with the cash flow from a small casino and a slot parlor. You can't. And at .013/share Steve isn't getting all this cash from us.
I'm not sure how I feel about CGAQ anymore, I am very frustrated. I believe there is a light at the end of the tunnel.. and that it's getting closer and closer. I want them to succeed (mostly because of greed.. LOL), I want and believe he can make most of his claims a reality.... what I want to know is how much am I on the hook for, because this is coming out of OUR pockets.
GO CGAQ!!!!!
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