California Grapes International, Inc (CAGR)

[pantherj]

The CAGR PPS has been in free fall, down 79% in less than 3 months. that's because the company has diluted an average of 125,000,000 moe shares in each of the last 2 months.

The dilution is not likely to stop any time soon either as
nearly 4 BILLION shares have already been issued to insiders and disguised as convetrible preferred shares. Here is a list of exactly how many, to whom they are issued and the number of common shares to which they re convertuble in parenthesis:

Preferred Class “A” Authorized: 300,000,000 (4,500,000,000)
Preferred Class “A” Outstanding: 200,000,000 (3,000,000,000)
Preferred Class “B” Authorized: 500,000,000 (2,500,000,000)
Preferred Class “B” Outstanding: 165,000,000 (825,000,000)

Common Authorized: 2,500,000,000
Common Outstanding: 375,383,478

Frank Yglesias Chairman/EVP - 35%
Class “A” 70,000,000 (1,050,000,000)
Class “B” 57,015,000 (285,075,000)

Jeff Crittenden Secretary/CEO - 28%
Class “A” 56,000,000 (840,000,000)
Class “B” 45,612,000 (228,060,000)

Jeffrey Wieser Treasurer/EVP - 22%
Class “A” 44,000,000 (660,000,000)
Class “B” 35,838,000 (179,190,000)

Brian Bumgarner Vice-Chairman/CVO -15%
Class “A” 30,000,000 (450,000,000)
Class “B” 24,435,000 (122,175,000)

That's a total of 3,825,000,000 more shares hanging over CAGR's investors heads. The investor doesn't stand a chance.