Replies to post #32189 on California Grapes International, Inc (CAGR)

[PENNYPICKER99]

Wont take long

[Knuckles42]

When is that going to happen. he has retired them but it's still there correct. That will make the PPS go up easily correct

[Kamaaina]

1.3 billion Chinese say that the current O/S is not outrageous.
So many people are basing their O/S concerns on typical US company models. The playing field in Chna is much much larger, and as the middle class grows they will want what we sell.
That said, if and when additional share reductions occur it will only help to bolster shareholder value. But as any business owner in this current economy will tell you, banks are still not lending money very readily so what a company to do? Financing is financing whether it be loans from banks, or "loans so to speak" from shareholders. And that is not really a problem in and of itself. The problems arise from poor business planning and execution OR out and out misapproriation and or theft. So far Frank and Co. seem to be very transparent with the use of their financing. I would not let people who preach fear, uncertainty, and doubt fill your head with the idea that selling shares to raise capitol is always a bad idea. It's the way things are done.