Replies to post #44683 on California Grapes International, Inc (CAGR)

[Slojab]

Sorry. That's an absurd extrapolation of factual data to relate proportionately to a developing company's entry into a new market.

I don't entertain such thoughts.

[dh30067]

If CGI wines were in demand and GDHI was close to achieving sustainable profitability on its own then Frank would have simply signed a distribution agreement with CGI and bought their wine at wholesale and also not given up his ability to sign distribution agreements with any other type of food or wine company and sold the company away in the process.

Bottom line: California Grapes International's sales were basically limited to Hong Kong and they are now going to expand to mainland China where Frank has laid the groundwork.

The population in China is about 189 times greater than the population of Hong Kong (1.32 billion vs. 7 million). Ergo, if the company were to just stay in line with current sales, then based on the larger population, revenue could increase from an average of $1.75 million to $330.75 million annually.

What would the share price be then?