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View Full Version : CGRA - New CEO. Trading well below book value



EdwardOret
01-30-2016,
New CEO as of Dec 15, 2014.

The Assets on had (Long Term) are $10 million
Liabilities are $1.9 million

Trading at .0014 with a O/S of 320 million (market cap about 400k)

They have revenues and with the new management I am expecting several PRs are on the way.

One to definitely keep an eye on.

ehoosihomexu
01-31-2016,
This one's been getting some attention. I think this is a diamond in the rough. Simply going through the balance sheet shows how much this company is truly worth if liquidate. O/S remains the same @ 319 million. 10 million in assets. 2 million in liabilities. Even at a significant markdown this company should be trading in the .004-.005 range.

elhlavaa60
02-02-2016,
Record volume yesterday. Debt selling has probably been soaked up. There was a buyer who has loaded approx 50 million shares.



Rumors are that this will be acquired and taken private

Esielmoca
02-03-2016,
CGRA - Big $$$ moving in tomorrow. Book value 10x what it's trading at.

Great bid support today. News should come out soon