California Grapes International, Inc (CAGR)

[PJC1]

I posted concerns months ago about the need for cash to finance expansion and unfortunately that is coming with dilution. I believe on the con call they said a store takes $100K to get started and if that's true, that would mean about 75M shares per store assuming there is no revenue from other ventures. You add into that all the other expenses, they will have not choice to dilute until the stores get running and hopefully making money.

Not sure who will buy all those shares either because if they keep selling at the ask it will run down for sure.

As stated many times, good long term play but they need to be cash flow positive by the end of the year.