[G.O. Joe]

Originally Posted by Nugrogirl

There are only 25 million shares in the float most of which is tightly held.
https://www.otcmarkets.com/stock/CGRW/profile

The market looks forward, not backwards, which is why the stock price has been in a steady uptrend for the past 3 months.

Float is the opposite of tightly held, I think you meant the majority of their stock is held by the company's principals. The market is full of small investors who believe press releases and internet posts, who think cannabiz stocks are the hot new thing they can't miss out on. For the short term, it's possible to make money by buying then selling. One dip and everyone is going to sell. No licensed financial advisor is going to recommend this stock.

A financial report for them is at that site.
https://www.otciq.com/otciq/ajax/sho....pdf?id=129769

Earnings per share is calculated by earnings divided by outstanding common shares - the 127 million - which may not include the 25 million shares that were withdrawn recently. How Reuters and the Financial Times got the -$0.89 isn't obvious to me, but a negative EPS that is 3 times the stock price is an obvious cause for concern. The stock would not be doing so well if it weren't for marijuana-themed boards to advertise on.

Total assets for their statement ending Sept. 30 are listed as $275,838, but $250,000 of this is a Candwich License which they don't have now - The Company, Mark Kirkland, and Mark One Foods agreed to rescind a Licensing Agreement on October 30, 2014 for the rights to utilize the Candwich-in-a-can patent process and the return of Twenty-five Million shares of restricted common stock to the Company’s treasury - leaving them with $25,838 in total assets. For that quarter they had $3,137,872 in total liabilities, a -$111,859 net income, and retained earnings of -$10,581,297.

[Nugrogirl]

The float is tightly held. Again the market is forward looking, not backwards. Public releases and county docs are better sources for DD for current information. I mentioned a press release when the pps was a nickel, I followed up when it was a quarter. Wednesday the share price hit .40 and settled at .345. I am not a licensed financial advisor but if you want to wait for one to mention a buy on this particular stock I would imagine it would be when its no longer a microcap stock.

[EclipseFour20]

Re: CGRW, here are few questions I would ask--
1. What are the management team's (particularly CEO Delmar A Janovec) past accomplishments?
2. How many shares were sold by insiders during the pasty year? (as of Sept 2014, 72% of the common stock was held by just 3 corporate officers).
3. How many shares will be issued to settle the $3 million in current liabilities...with only $38k in current assets? (Think shareholder dilution and Janavec's past business practices of issuing stock in lieu of paying "cash").
4. Affiliates...who are they, their expertise, and how much are they "promised" (cash & stock)?

IMHO...tooo many pigs and not enough tetes for investors to suckle on.

[valueseeker]

been reading this thread for a while and because I am now a shareholder of CGRW I figured ... what the hell, I will join and throw in my $3.75 worth

[valueseeker]

Re: CGRW, here are few questions I would ask--
1. What are the management team's (particularly CEO Delmar A Janovec) past accomplishments?

Janovec has been in the public arena for 2 decades and although he has never been able to sustain success he has had several endeavors that saw and held significant gains. From what I have found in researching this current project is that he has assembled a very experienced group of people (one of the things missing in the past)

2. How many shares were sold by insiders during the pasty year? (as of Sept 2014, 72% of the common stock was held by just 3 corporate officers).

The share structure and issuances are available for the public in the disclosure statements. From what I can see the 72% owned by officers is all restricted. It also looks like no free trading shares have been issued in the last 6 months (the year end will be an interesting read) if the 4th quarter comes and goes with no issuances I think that can lay to rest some to the past dilution fears.

3. How many shares will be issued to settle the $3 million in current liabilities...with only $38k in current assets? (Think shareholder dilution and Janavec's past business practices of issuing stock in lieu of paying "cash").

That is the 64 dollar question and if you are playing with your rent money you might want to find some other high risk speculation MJ Stock. Me I like what I see and the team that is working on this.

4. Affiliates...who are they, their expertise, and how much are they "promised" (cash & stock)?

I think this is the best question and the exact reason I decided to roll the dice

the right law firm
BizAuctions Executes Engagement Agreement With Hoban & Feola, LLC Law Firm in Denver, CO
https://finance.yahoo.com/news/bizauc...201500006.html

A real consultant with a PhD in Botany (not just some PhD in religious studies or something purchased on the internet)
BizAuctions-Hires Consultant to Assist in Exploring Opportunities in Colorado
https://finance.yahoo.com/news/bizauc...111500006.html

An Addition Degreed Consultant
Biz-CannaGrow Hires Consultant to Assist Dr. John Janovec with Colorado Cannabis Project
https://finance.yahoo.com/news/biz-ca...104500754.html

From what I see is Dr. Janovec received 5mm restricted shares and his assistant received 2.5mm restricted shares.

Highly speculative and risky but I love the home runs and hope to hit one here



IMHO...tooo many pigs and not enough tetes for investors to suckle on.

then it would be best to sit and watch from the sidelines that way if it fails you want have risked anything and if it continues the current trend you won't have to worry about paying taxes

[EclipseFour20]

Not throwing mud, just saying when 3 people own 72% of the common stock...and when you add family and friends (add another 10 basis points or so) for a potential 82% stake--definitely not enough tetes for the remaining 18% (maybe half that are actually being true "investors"...like yourself?).

BTW...restricted stock (Rule 144) does not mean the shares are "locked up" or liquidation is bound 100% to the "dribble rule". Institutional investors routinely buy "restricted stock" (at deep discount to the market price) and entering a series of transactions that involve pledging the restricted stock in collateral/hedge transaction for "cash" (which you later "default") are two popular ways of exchanging "restricted shares" for "cash".

I know...I have been there and done that, it is easy to flip "restrictive legend stock certs" before their time.

BTW...I wonder if the two Janovec's are related? Delmar and "Dr John"?

[valueseeker]

the restricted stock is not available for 1 year from issuance and anyone with over 10% is subject to the affiliate 1% rule. It sounds like you don't have much tolerance for risk and should probably pass on this one.

For me, I like what I am seeing on the box with none of the usual suspects. I will play and you can watch

[valueseeker]

also with a last name like Janovec I don't see how they couldn't be related, but like I said, it is a legitimate PhD and not some bogus online purchase

https://www.jarvis.edu/wp-content/fil...rerCollege.pdf

https://lamolina.academia.edu/JohnPJanovec

https://www.brit.org/sites/default/fi...ridos_15_2.pdf

https://www.botanicaperuana.org/jjanovec.htm

I see you have "Doc" as a nicname... ??? medical or academic??

[G.O. Joe]

What does anyone in CO need them for? The company can't supply facilities and cannabis experience which they don't have and can't afford. The company's history is failure, except in convincing those to whom they owe money to accept stock as payment - but there isn't any other compensation available. What to do with 90-day rising stock with book value of -$3.17, except not get involved? Get some, convince novices to buy for more, then sell fast?

[valueseeker]

well let me see now, with a landlord that is building to suit what looks like about a 1 million dollar facility I think there's going to be a lot of people in Colorado that need them.

I guess like with anything else time will tell.I only bought 50,000 shares and I am more than willing to wait and see what they have on tap.

I would also say in your case, with everything you found negative about the stock I wouldn't touch it with a 10 foot pole if I was you. that is the beauty of the Public Market we all have the free will to pick and choose and trade as we like.

good luck to you sir.