Replies to post #73652 on California Grapes International, Inc (CAGR)

[MovedOn]

The only thing worth explaining about the earnings announcement is how they continue to try and manipulate and scam.

Here's what they made public:

Inventory increased by 328% to $992,648 from $302,906 in 2011
Total Assets increased by 209% to $1,837,008 from $877,123 in 2011
Total Sales increased by 113% to $583,525 from $517,757 for the same period 2011

Don't you just love the "increased by"? Nothing in their numbers "increased by" their published percents unless you knock off 100%. In other words, total sales increased by just a measly 13% from 2011, not 113%. They had sales in 2012 that were 113% of 2011.

I know semantics, but you get my point.