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05/24/11 12:26 PM

#9935 RE: nodummy #9933

Is that Armando Cascati or Armando Casciati

Because Casciati had some issues with the Sosúa Bay hotel, ironically named close to "Orion De Sosua S.A"

Just my 2 cents



sssneo

05/24/11 2:10 PM

#9940 RE: nodummy #9933

I don't know why one would not at least call the CEO of a company if they had a chance. Sure numbers speak louder than words do, but if I'm buying something and had a chance to talk to the owner I surely would, yes keeping in mind he's the one selling to me, but I would at least take 2 to 10 minutes to pick up the phone.

You're history is accurate however keep in mind it's pre-CGAQ. My eyes see it as, "It's not where CGAQ has been, it's where it's going." ... actually in investing, it's not where a stock has been, it's where the stock is going.

The 504's to i.e. Quantum, Half Moon, as investors or services rendered were a decision of CGAQ to remain DEBT FREE. I have no problem with this as long as it's for growth ... which has lead CGAQ to the GGL j/v with accurate gaming revenue reporting aspects with the kiosks. This kiosk project has also peaked the D.R. Govt. interest. In fact CGAQ received "exclusive" rights to manufacture the kiosks in the D.R. Any other company with a similiar product would have to import them giving CGAQ a great cost advantage. The potential reward of the projects with the Govt. is what has many eyes on CGAQ.

My concern is the volume of 504's and the number of them being "free-trading" and not "restricted."

sssneo

05/24/11 3:10 PM

#9943 RE: nodummy #9933

It's CGAQ's choice of business plan. Sell 504's and stay debt free ... or go into debt. So far what CGAQ has done in reaching the steps of the D.R.Govt. ... they have done so by remaining DEBT FREE.