Replies to post #5010 on Capital Growth Systems, Inc.(fka CGSYQ)

[ensign7000]

"Substantially all" assets are being removed from CGSYQ's shell.

To me "substantially all" means 90 percent.

10 percent of CGSYQ's assets will remain in the shell, so it's still NOT an EMPTY shell, it still has assets.

CGSYQ's May 2011 SEC 8k
Total Liabilities and Shareholders' Equity
26 million dollars

10 percent of that figure would be 2.6 million dollars.

CGSYQ's should still be worth 2.6 million dollars.

CGSYQ's is not an empty shell, if it were an empty shell, the new owners would not have appointed anyone to watch over it.

Okay that said.

2.6 million (10 percent of Total Liabilities and Shareholders' Equity as reported on CGSYQ's May 2011 SEC 8k)
divided by
168 million (CGSYQ outstanding share count)
equals
.0154761

CGSYQ's worth 1 1/2 cents.

I don't think CGSYQ's gonna ever go above 1 1/2 cents.

I'm just keepin it real from now on.

Hope carried me this far, now reality's kickin in.

Okay, moving on...

An empty shells worth 500,000

500,000 (price of an empty shell)
divided by
168 million (CGSYQ's outstanding share count)
equals
.0029761

CGSYQ's worth a minimum of .003

Okay, now make your decisions based on these figures.

Minimum CGSYQ value .003 (empty shell)
Maximum CGSYQ value .015 (Total Liabilities and Shareholders' Equity)

CGSYQ will trade within that range for the next three weeks, while CGSYQ emerges from bankruptcy.

A future possible trading scenario could be.

May 24 (600 percent) invest .002-.015 sell
May 25 (200 percent) reinvest .005-.015 sell
May 30 (200 percent) reinvest .004-.012 sell
June 6 (100 percent) reinvest .005-.010 sell

It may be time to move onto another stock at this point.

That's just what I see happening.

Reality kicked in today full force.