InvestorsHub Logo
Followers 18
Posts 1333
Boards Moderated 0
Alias Born 12/07/2011

Re: None

Friday, 01/13/2012 9:16:09 AM

Friday, January 13, 2012 9:16:09 AM

Post# of 76214
OK so faced with possible dilution I"m back in anyway based on what I heard on the call. I like the plan and as I mentioned a few weeks back, other wineries will be coming to CAGR because they did all the heavy lifting already and spent the $1M to be able to sell wine in China. That's why they'll be up to 400 brands by year end.

Plus, another container leaving any day now for China full of wine.

They fessed up that the GDHI plan had some flaws which was nice. I like the idea of the tastings at stores and other venues. When I walk into a wine shop I buy CA wine because I know a good portion of the makers. Italy and France, I have no idea beyond a few bigger names. Same in China, they walk into the store and have no idea so just buy China wine. Having the tastings allows them to try before buy and will spark a lot of sales and education.

I think Jeff said Southern was valued at $15B or $18B and best I know they only service the east coast of the US so imagine the potential with the population a magnitude larger.

Go CAGR, long and strong