Replies to post #29991 on California Grapes International, Inc (CAGR)

[Dragon5]

When the slide started it made sense that the group that purchased the stock did some of the dumping-Frank was asked on the conference call about this group and if they still held their shares and he unequivocably said they did-So I am repeating what he said and do not think he would out and out lie-Many investor groups do invest money with the long term belief in a company-This group was given warrants as a kicker exercisable at 2.5 cents a share-You have been very negative on GDHI and you sold, so why are you here posting? If you want to say Frank is a liar then say your peace and move on-If you are short the stock, you will get burned-Your time horizon is 5 minutes anyway-
This is not a pump and dump, BOZO, as evidenced by the business progress-The latest Burger King contract, California wine deal and others to come will show that-The company needed the working capital to get the initial shipments into China-Shipments will now be funded from cash flow and LOC's with Chinese banks-The company is on course to be cash flow positive by year end-There will be no more stock sold and eventually there will be retirements-So why don't you take your crap somewhere else, BOZO-

[Dragon5]

Frank still holds over a half billion shares himself, BOZO-No one ever said he has given all his shares away-

[pedromm]

I think this is a good funding....
Golden Dragon Holdings, Inc. Announces $960,000 Private Funding
Tuesday, 16 Feb 2010 10:25am EST

Golden Dragon Holdings, Inc. announced that the Company has entered into a private, non-brokered funding arrangement. No terms of the financing were disclosed, including the identity of the financial investment firm, but Mr. Frank Yglesias, CEO of the Company stated that the financial group was a non-affiliated, existing shareholder. In addition, the confidence of this financial investment firm in the future of GDHI, includes the acquisition of two years warrants exercisable at a strike price of $0.025, a price in excess of the current trading price. Mr. Yglesias added that the Company will use the proceeds to purchase and ship its first container of wine from Spain and France and to ship its third container of food to China. All products are for resale into the Chinese market and both containers will be shipped within the next few weeks. The Company will also use a portion of the funds to pay entrance fees into several very important supermarkets chains in the Beijing's market, Carrefour, Metro AG, Lotus Supermarket, Wu-Mei, Wal-Mart, and Jinkinlong Supermarkets. The remaining funds will be used to build inventory, purchase delivery vehicles and to expand the Company's China operation. - - - - - (repeated)

[awwbigtime8]

dh, your post was actually very interesting.....unfortunetly in the penny world ,there are many temptations for these type of companies to manipulate the stock......i believe you are definitely right about your assessment ,the points you brought out are inescapable /....cant really trust anyone ......it really sucks.. as a shareholder myself, i can only hope there is some successful outcome of it all....will keep my fingers crossed.....definetly scary,,,,good luck to all here....

[B4uaccuseme]

Things that make you go hummm