Building a new company takes time, cgaq has been around for 10months now, and for the amount of time to lose such a small amount of money is not that bad... it does take time for a new company to be profitable.... When ford was losing billions of dollers what did investors do?
Brock69 yes but the losses have been less and less each qtr. Sooner or later it'll be in the black. Plus look at the increase in assets ... and they are paid for. A reminder they are more so in the acquisition business than a single casino business. The assets and acquisitions and online stuff has to be paid for somehow right. They get the acquisition(s), they get the online startup, then we get our results ... hopefully it's that simple. From Tyler:
please post messages based on your personal business experience and as to how many months it should take to go world wide throughout 52 countries with your business? We are on 10 fiscal months of business and taking concept to reality.
Imo this is not going to happen overnight. Goodnight and good luck to all, I'm out of posts.
"Sooner or later they are going to run out of shares to dilute"
The A/S is 500,000,000. They got plenty of shares they can liquidate to sustain their ATM lifestyle. The question is are you and others willing to keep averaging down all the while they keep selling shares? At what point is enough? How much of a loss are you willing to sustain until you've had enough with their diluting ways?