Replies to post #74102 on California Grapes International, Inc (CAGR)

[dh30067]

Huh...? The wine is already on the books of CAGR so what do you suggest they liquidate it and buy it back from themselves?

There is plenty of inventory so inventory is not this issue and neither is the choice of importer since product is already available to the Chinese. The issues is simply there is no interest among the Chinese in buying any CAGR wine!

When wine is your only "asset" and nobody wants it anyway there really are no assets!

I'd say its pretty clear that I don't believe "it's all good". So please don't imply that I did. All I said is that it may not be as bad as all the doom and gloom you and others are preaching. No one who I would consider knowledgable about the specifics has explicitly said who controls the wine, which is the main asset under the CAGR umbrella ($ value of it is a separate argument that I'm not getting into - again, no proof of anything).