Read my posts # 1243 and 1244. I can't believe anything management tells me anymore and I have sold my position.
Where are those 10 million is sales that they mentioned in that acquisition PR? Have you seen the 2012 annual report? The revenues for 2012 were a dismal $74,724. Management has also promised audited financials for over 2 years now and they barely know how to file with OTCMarkets.com and seriously need a lesson on how to do so. I don't think they ever heard of such a thing as a quarterly report or an Attorney Letter with Respect to Current Information that must accompany a financial statement and you wonder why there is a yield sign when you look up CNGI. I am truly disappointed with this stock.
Here are some nice lies in my opinion from the PRs. This PR is dated July 23, 2012.
This one is my favorite and the PR is dated Nov 29, 2011.