Replies to post #25267 on California Grapes International, Inc (CAGR)

[pedromm]

That´s true

Like many pink companies they are small and they don´t have audit financials.

Who invest in this one should know that and make the balance between what you have wrotte and the efforts they are doing towards increase sales and profits.

Thanks

[Dragon5]

Would you want to stay short a stock when it just starts to report blow out revenues and positive earnings, even though unaudited financials? Don't think so-

[kastlem]

armour, that is a difference between a pk. and an ob. stock. You have seen how this stock instantly attracts buying pressure when the news is strong. They went to alot of trouble to bring themselves into current status with pink sheets as transparent, and the value of the stock went up initially on that. Not trying to be unkind, but your risk tolerance does not seem to be a good fit for pinksheet stocks, as you have seemed a bit panicky on several posts. The sky is not falling yet:-) If you need to have greater assurances, higher priced ob or listed stocks might be more comfortable for you Sir.

[bax]

Penny stocks are often bought based on future expectations. So, if the company is able to show increased revenues, whether audited or not, the stock will get more money coming in and will go up. Part of the equation is the trustworthyness of the men running the company. Until they prove otherwise, they seem to be genuine and have definitely been transparent.

I agree that audited financials in the future will be necessary to sustain multi-penny levels and beyond.

This is a very promissing ground floor opportunity for short and long term.

Bax