California Grapes International, Inc (CAGR)

[PJC1]

I agree on the share dilution in the past being an issue but I think Frank didn't realize the cost of setting up China. Jeff mentioned on the phone $800K just to China and then all the lawyers and other fees involved with the process.

The way I see it, if nothing else, CAGR can sell just their rights to sell in China for over $1M saving someone else the two years it takes and the fact that it will cost anyone at least $1M anyway. That valuation is before they even sell a single bottle of wine which we know they are doing every day.

Go CAGR!