Replies to post #55688 on CGrowth Capital Inc (CGRA)

[MoneyMan]

Just to be 100% clear.

500,000,000m A/S
391,597,994 O/S
132,534,002 restricted

So 259,906,399 float

No changes since Nov. 2015.

[Martin11]

There are several reasons for that. I know some banks or financial institutions allow reliable investors to buy share even if you have no cash in the account, with the understanding that you would pay that off before the settlement date. This varies from 3 days to 10 days. Someone wants to make a quick money so he goes and buy thinking the CGRA will go up and trade at 3cts to 5cts in short time. If this does not happen he has to sell his shares even at a lost to settle the money to the bank. This could have happened here. Not that anything wrong with the company but greed can cause this problem for some. I strongly feel CGRA will do well if you have the patience to wait get your reward. It could even 10 folds if you've that patience. Good luck to all the longs. GCRA has plans to do several things this year that would take this to a higher level and appreciate the share value.