Replies to post #31701 on California Grapes International, Inc (CAGR)

[gotch]

Dragon it doesn't matter what anyone else says. People will buy and people will sell. I just picked up another 500,000 at 0009 and will continue to hold as this is the most positive pink I own. I will not be scared off by anyone. And people are entitled to buy and sell as they wish. DH has his opinion and we have ours. GLT him and us as well.

[dh30067]

The small sales you are referring to are anything after the first hour of trading. Anything after the first hour today is your normal selling that you are referring to. The first hour was 30M shares in large blocks that were sold into the PR. I suspect eventually it will be confirmed that 20M or 30M shares were issued to someone right before this. As far as "private placements" holding on to shares....not a chance. Those were sold long ago in the .0030's. As far as what Frank said he also said on the conference call no new shares were issued in Q2 but I've already shown that wasn't true.

[ACTC]

I'm fairly new to investing and would like to know; How do these private placements work? Specifically, lets say a private investor who has a lot of money and believes that a certain company will do well in the future wants to invest in that company. He/she can buy common stock on the market or make an agreement to buy certain number of shares for a certain price from the company directly. Is that what is called a private placement?

If so, is part of the deal that they get a cheaper price instead of market value since they are investing a big amount of money?

Are there any limitations when they get stock this way? for example maybe they can't sell the stock right away?

If dragon 5 or someone else can explain this, i (and i'm sure many others) will appreciate this.

Thanks