Replies to post #74078 on California Grapes International, Inc (CAGR)

[Alyssa]

You may have missed this from today's communications:

The first point is related to our ability to import and sell wine in China. CGI has the same ability to import and sell wine in China without BJLF. The ability for CGI to “self-clear” customs will change, but we have worked with other importers and customs brokers before and the process of importing California Wine into China will not be affected.

The retail operation may have proven rather quickly to be an albatross and the fact that the company moved just as quickly in this change of strategy could prove to be an EXCELLENT step in the right direction with almost immediate positive results.

I am sure Jeff will cover what assets are owned by CAGR as opposed to the subsidiary at the upcoming conference call, or maybe even before that. Assuming anything right now is a waste of time so I will just wait to hear more from the company.