Replies to post #47528 on California Grapes International, Inc (CAGR)

[Murphdog2]

DH...isn't that what authorized shares are all about ? Aren't they available for use by "the company" and can be issued for free, but have a value...and if the holder does decide to sell now they become part of the game as they are now owned by a shareholder? And it seems to me that their authorized shares at the time were 5B, so that is around half of the AS available...is actually exercising your right to issue your authorized shares...and issuing only about half of them...that far out of line?
I'm not challenging you DH...your experience here is far greater than mine. I'm still just trying to connect the dots...

Thanks!

[rudystick]

I think it would be shady if insiders were quietly accumulating right now. Apparently you do too. Maybe you could share with us "why" you think it would be shady. Your reply almost had me convinved that it made no financial sense for an insider to accumulate right now until you mentioned the same act by insiders would be shady? I always thought that insiders only do shady things if there was some profit involved..

[rudystick]

No. Why would they ever spend one nickel to buy shares when they can create shares out of thin air for nothing and issue to themselves for free? This may no longer be a company that soley relies on issuing shares to pay it's bills. Golden Dragon was. CA Grapes might not be. And shares issued for free can be sold for any price for infinite profits and repeated. And shares issued to a third party or officers for free can be sold and those are instant profits that are kept off the books and the money does not go to building the business. Third parties and officers don't build businesses without compensation. Now ask youself why would any business interested in growing and seeking working capital issue shares for free and gain nothing. I think the issued shares become the working capital and growth (warehouse space, forklifts, delivery trucks, licenses, etc.) is the gain. Without taking on some liability as a start up, growth is almost impossible especially in the distribution business.