Replies to post #37479 on California Grapes International, Inc (CAGR)

[posilock]

Thats very promising if thats true! i hope it is go GDHI!

[pantherj]

You an find a pretty good explanation of "additional paid in Capital here:

http://www.investopedia.com/terms/a/additionalpaidincapital.asp

note** It does not mean that the insiders bought the stock themselves.

[dh30067]

Sorry but that's from 2008 before the company was GDHI!

Here's an example for you of how GDHI "pays off debt"...

On May 18th, 2010 GDHI issued 120,000,000 shares to settle a debt of $12,000! Shares were trading for between .0014 and .0018 that day and closed at .0016.

Why didn't GDHI just issue 9,000,000 shares at the low of .0014 and they could have generated $12,600 to pay the debt off in cash and had $600 left over and saved 111,000,000 shares!!!

So instead (using the closing price of .0016) GDHI issues $192,000 worth of shares to settle a $12,000 debt!