Replies to post #41752 on California Grapes International, Inc (CAGR)

[Alyssa]

Winding down? Ha ha. "The Company is pleased to announce that it has posted a 400% sales increase compared to last year's 1st quarter sales report. The company also reduced its quarterly loss from $121,303 USD in the 1st quarter of last year to $44,061 USD this year."

And what about the NET GAIN as opposed to a NET LOSS and GROSS PROFIT of $70,710 as opposed to $10,551?

Wow, it looks like you are focusing on the WRONG earmarks. I wonder why.

lolol.

[StockLife]

Let's do some math here, first of all these employees are being paid in HKD not USD which in fact means that the USD needs to be converted into HKD and as per this site http://www.exchange-rates.org/Rate/USD/HKD it shows this chart as of today:

Convert To Result Explain
1 USD HKD 7.7688 HKD 1 USD = 7.7688 HKD as of 5/4/2011
100 USD HKD 776.88 HKD 100 USD = 776.88 HKD as of 5/4/2011
10000 USD HKD 77,688.00 HKD 10,000 USD = 77,688.00 HKD as of 5/4/2011
1000000 USD HKD 7,768,800.02 HKD 1,000,000 USD = 7,768,800.02 HKD as of 5/4/201

clearly shows that as of today for every 1 USD it will be converted to 7.768HKD (and yes I know this will fluctuate intraday) so if we do $12,817 USD x 7.768 = 99,562.456 HKD so that should be able to stretch out a bit further than just $12,817 USD and yes I know that in China/Japan that there numbers are different and not 1.00 but 100 or 1,000 on items. But still that should stretch it out a bit no? anyone is free to tell me I'm wrong.