Replies to post #55206 on CGrowth Capital Inc (CGRA)

[Martin11]

Is this one of your wild imagination or you have any proof or evidence to say this. No speculations here please. I can easily say CGRA is going be moving up to $10 tomorrow who the hell is going to believe that. Same here you are imagining things. Why should they go for RS when the float is very small and trading is well control and no dilution. If CGRA trade every day in millions and millions and the company is dumping to raise funds then I could understand RS is possible. He they have lots of cash in the bank by issuance of bonds and no need for any other form of raising money. This subject had been dealt with others several times. Please, please do not scare the people who are new here. Your reputation goes with you what ever you utter here. Anyway good try

[stervc]

hatexxii, important, per the CGRA CEO...

Per the CEO of CGRA, he has already confirmed that there is not going to be a reverse split. Going to a higher exchange such as the AMEX does not require them to do a reverse split to meet any share price requirement as long as some of the other requirements are met which greatly appears that they will be achieving such from what they released today in their awesome Quarterly Report Ending March 31, 2016:
http://www.otcmarkets.com/financialReportViewer?symbol=CGRA&id=155553

Here is an earlier post I made regarding the AMEX requirements:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=121950580
With CGRA Positioning for Higher Exchange...

I think CGRA is very serious when they mentioned in one of their recent PRs about going to a higher exchange:

http://ih.advfn.com/p.php?pid=nmona&article=71038756
Mr. Wright continued, "We are in the envious position that we are able to fund our initiatives without having to dilute the Company any further. From this point forward, each step taken will be with the goal of strengthening the overall Company and positioning it for a higher exchange."

In order to think that you as a company is ready to go to a higher exchange, you must feel very confident in being able to meet those requirements. I'm guessing the AMEX is their ultimate goal because I believe CGRA is much closer than what some might care to believe for meeting such requirements and this is even without doing a reverse split. For inquiring minds, the share price requirement of $2.00 or $3.00 per share is only an optional requirement and is not mandatory if all of the other requirements are met as indicated within the link below:

http://venturelawcorp.com/nyse-mkt-listing-requirements/
(The 2nd paragraph 2nd sentence above the following chart requirements states…)
The listing requirements can sometimes be confusing and waivers can be applied for in certain circumstances when a company desiring to list is strong in all listing categories but for one. …

What this means for inquiring minds, CGRA does not have to meet the $2 or $3 Share Price Requirement if it proves to be strong in all of the other areas. Read below from Sections A, B, and C to see thoughts referred to the NASDAQ not being happy about the flexibility with the AMEX Requirements:

http://www.nasaa.org/wp-content/uploads/2011/07/48-NASDAQpetitionfinal.pdf

v/r
Sterling