Replies to post #68029 on California Grapes International, Inc (CAGR)

[Alyssa]

Ha ha. No dice. Please keep looking. That refers to mark-ups, not profit margins. Surely you know the difference. But thanks for the reminder about the HUGE potential for CAGR.

The efforts to date by the various export brokers, wineries and direct buyers from China result in wine being offered to the consumers with 300-500% markups above US retail and it is not uncommon to see a $2 bottle of wine being sold for $30 in China.