Replies to post #74810 on California Grapes International, Inc (CAGR)

[greenpar]

Here is someone knows the problems selling wine in China.


Frank was more like a Chinese consultant he lived in China over four years speaks good Chinese. Should keeped with stocking all the stores in China he had his foot in the door to do it the legal way of making money. IMO.

Read the part starting with Let’s get sit down and get drunk together.http://www.watoday.com.au/small-business/entrepreneur/how-to-sell-wine-to-china-20090918-fuot.html

Problems like they run out of wine not enough to sell. Maybe California Grapes International has huge supply, like they had said.

[gfrazier66]

What most did not understand was that companies like Diageo already have vast Chinese distributors networks already in place. The distributors have been selling all wines, even CA wines, for over 5 years now. What CAGR stated they were doing was not innovative, let alone ground breaking.

Again, please review my posts starting from post #1. I have pretty spot on to what was going to take place with Frank & his companies. Any wonder why Frank is choosing to stay in Bejing & not return to Miami? The guy knows that he is being investigated & understands what the potential consequences are. Any wonder where all your money went now that the stock is null? Every dime spent to purchase GDHI,CFSC,GDHI stock went straight into Frank's pocket.

The scam is over, Frank has walked away and now Jeff Crittenden is left with nothing but a giant mess to clean up. Face the facts, whomever spent a dime on this company did so because they felt they were going to make a quick 1000% return by flipping a penny stock. In the end, every investor lost 100% of the investment. This is not uncommon in the world of penny stocks.