Replies to post #58779 on CGrowth Capital Inc (CGRA)

[MoneyMan]

Based on the Company’s current cash position versus its historical working capital deficit, the Company, for the fiscal year ended December 31, 2016, has the ability to continue as a going concern and is not dependent upon its ability to generate sufficient cash flow from sales to meet its obligations on a timely basis, nor is it necessary to obtain additional financing, on its way to ultimately attaining profitability. Furthermore, the Company does not require nor intend to immediately raise additional capital through equity financings, which could result in existing shareholders having their ownership interests diluted

http://www.otcmarkets.com/financialReportViewer?symbol=CGRA&id=155553

-- Funding is the decided difference in this years report looking forward. The additional of our wholly owned subsidiary CGrowth Capital Bond, Ltd. has marked a turning point for the Company and will be the key differentiator this coming year. To begin, our Going Concern statement has been revised, with the Company's 2016 initiatives pre-funded. The bond is approximately 50% currently subscribed to (funding completed on those subscriptions). The Company and its advisors are working to complete the initial series and expect these commitments to take place during the 2nd quarter of 2016.

-- The Company no longer needs to utilize equity funding to cover operating expenses. Existing notes are currently being restructured and/or paid off accordingly. Any further changes in equity will be done to increase shareholder value and strengthen the Company.

[PennyStalker]

I don't know anything about this company, but that is a poor argument...

Every penny stock that has had a reverse split, has previously had a PR saying that there would not be a reverse split. Or a member of management posting on social media that there is no intention for a reverse split.
And then, BAM! Reverse split!

What do you expect them to say?!
They can't say a reverse split is a possibility. LOL!