Replies to post #37023 on California Grapes International, Inc (CAGR)

[Alyssa]

Disagree. Re-post from Sunday: During the CC when asked about a share retirement versus a R/S, Frank said "To start, once we’re cash flow positive is to go back to the OTC with fully audited financials," and that "once we go to the OTCBB, we will sit down with the attorneys and financial gurus and see what is best for the shareholders. Right now our focus is being cash flow positive. People worry about a R/S. Anything that we do we always have the company and shareholders our number one concern."

(from my notes)

Doesn't sound to me like a R/S is in our future.

:)

[Alyssa]

Oh, and Frank also said that he is currently talking to finance companies and investors that are interested in financing the company long-term. He also said that he is talking right now to various people in the US Government where there are funds available for grants and loans through the Dept. of Agriculture as well as under the Economic Recovery Act. ALSO, new manufacturers coming aboard understand the way China does business and are willing to extend lines of credit to 6 months to close to a year.

:)