California Grapes International, Inc (CAGR)

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Item 4 Management’s discussion and plan of operation
Sales for the first quarter were $199,498 netting a profit of $33,032. This turn around came from the boost in interest shown by the retail consumers in the Chinese wine market. This is the best quarter we’ve had in the history of the company, and while we acknowledge it is not where we expect to be, we do view it as a step in the right direction and a clear signal that we can begin pushing hard to move our projects forward.