Replies to post #120168 on CGrowth Capital Inc (CGRA)

[buccaneer1961]

Thankyou

[Tyrus603]

I've become convinced in my time spent researching this stock, and talking to the right people that CGrowth is blessed to have a no-hype, straight shooting and non-diluting ceo in Bill Wright, who may be considered an OTC unicorn in this high regard. And Wright very much needs this buyout/takeover of CGRA by a large, oil and or mineral producing company to go through, because Wright is at the end stage of his professional career and this is his retirement. The only way to successfully cash in his large share holding.

That the buyer's lawyers added, as a closing condition, an expedited quarterly report from CGRA before sliding the final purchase and sale agreement across the table, did not surprise me.

The most important thing that happenrd with CGRA's tweet today was Wright made good on his notification of positive news by month's end. As i type this on the East Coast there's still an hour left until the clock turns November (Happy Halloween).

That some here want to treat today's tweet as if it's NOT positive my comment to that is, that's your prerogative of course. But it seems that person does not own shares anyway, and is congratulating himself for not having bought this speculative "lotto" play.

If you don't trust the ceo's integrity, that would be a reason not to buy.
If you dont trust that there is any oil in West Salt Creek ("dry hole!") that would be another reason not to buy.
If you think the volume leading into today's tweet "wasn't large and convincing enough" to buy, that is again a case of you be you.

For me, however, all the above boxes have been checked in a positive, bullish all-in fashion.
1) Ultra trustworthy and diligent ceo who needs this deal as much as we shareholders want it;
2) a real physical tangible significant oil resource asset in West Salt Creek.
Note that he buyer's legal team is asking for quarterly PAPERWORK in order to complete the buyout. But do not be so oblivious to common sense -- or be so deliberately duplicitous to try to USE that standard lawyerly request for closing condition paperwork to try to covince others -- to believe that such a buyer doesn't already know specificially what amount of oil is IN the ground in West Salt Lake and know that they WANT to own it.

The buyer would not be "the buyer," and no letter of intent would have existed since last May, if this were not an asset that the buyer desires to obtain, based on causative research on West Salt Creek. That was STEP #1 in this entire process. HAD TO BE.

Concern "all the insiders" weren't buying up every share and driving up the volume high enough this week.
I know of just TWO shareholders whose combined holdings make up HALF of the outstanding shares of CGRA. I'm not surprised how the stock has traded seeing as the float is 90 percent locked up by people co who either already know or are convinced this company is worth at least a 9X multiple of the current share price. And they're not on TDA trying to "flip em" in the low pennies.

The buyout process began sometime in late 2021 early 2022. Here's MY best guess on how it went:
(Setting: Some gigantic board room in Texas)
Contango billionaire ceo John Goff to his corp. lawyer(s)
"My best oil guys confirmed for me that there's at least 100 million barrels in this Bill Wright guy's West Salt Creek field in Wyoming. I want to buy it. Get on it.
Contango Lawyer(s): OK John well start putting together a purchase and sale. It'll probably need to be a hundred pages long and we might make it a CRGY shares for fractionalized CGRA shares transaction, plus there's also the need for state and federal compliances and we should look into maybe continuing the use the audited shell ticker CGRA, which we're also gaining control of in the deal, as maybe a spinoff into a publicly traded pot sales operation. Maybe as a dividend for
CRGY /CRGA holders. We're talking about about a hundred page P&S and we'll need about six months.
John GOFF: Awright but get on it. And let's get it done asap. Time is Oil, and Oil is Money. Now more than ever... And while you're doin that, my oil guys talked to Robert Madding the production foreman of the Fleur De Lis oil field in Salt Creek and he was telling us we're gonna be proven absolutely right about West and he knows just how to go about milking that sucker. So we're stealing him away from FDL at a big raise.

Concerned "all the insiders" weren't buying up every share and driving up the volume high enough this week. I know of just TWO shareholders that own half of the outstanding shares. I'm not surprised how the stock has traded lately with such news imminent seeing as the float is already 90 percent locked up by people who either already know or are convinced this company is worth at least a 9X multiple of the current share price. With no dilution. (Peter Penny is on the right track in his comment in today's video about how CGRA's been trading of late).

And this ceo is of the type that when he signed that NDA earlier this year you can bank on it that he definitely stopped "D'ing" ANYTHING to anyone. Including "the garbage man."

# # #

(tweet)
"... And then we'll await buyer's instruction."

Meaning this:

"Customarily, the buyer's lawyer provides the initial draft of the purchase agreement for a business. This makes sense, since the buyer has to live and work with the company while you will walk away into the sunset with the cash (theoretically, at least)..."

https://www.wolterskluwer.com/en/expert-insights/steps-to-completing-sale-of-your-business

[Elcappy1]

Fun times ahead! CGRA

We are still tracking to close a transaction. Initially set for month end, the company is working to file its quarterly early this week as part of the conditions to close that came up in DD. Otherwise, we are awaiting buyer instructions. $CGRA
5:10 PM · Oct 31, 2022

We are still tracking to close a transaction. Initially set for month end, the company is working to file its quarterly early this week as part of the conditions to close that came up in DD. Otherwise, we are awaiting buyer instructions. $CGRA

— CGRA (@CGRAOTC) October 31, 2022