October 3, 2012 Dear Shareholders, It has been a few

New Post Public Reply Private Reply Replies (0) Message Board

Oct 3, 2012 at 6:53 PM

October 3, 2012
Dear Shareholders,

It has been a few weeks since our last communication and we apologize for the delay in this process. We would like to address a few of the current items that are in progress within the company and bring everyone up to speed. As things are becoming much busier on both the domestic and international fronts, the team is continuing to add additional tasks and function to our daily routine.

The first item we would like to cover is our current “STOP” status on the OTC Markets. We are aware of the situation and are working to bring it back to “CURRENT” status as soon as possible. We estimate this will be completed no later than the end of October and hope to have it remedied much sooner. The company has made some internal changes to both the financial process and the financial software over the last few months in order to facilitate the ever growing complexities of the operation. These changes were more involved than initially anticipated but they were necessary and the timing would have never been optimal. The company is now much better positioned to move forward and, as we have changed our Fiscal Year end to September 31st, our filings for the OTC status upgrade will include the Year End Information Statement as well.

Beijing Operations and the CGI Retail Store have been progressing as planned. There has been several communications regarding the issuance of a formal press release regarding the Grand Opening. The international business challenges exceed the typical operational hurdles of a domestic company in that we are subject to a global environment. Our goal was to have the support and participation of the governmental agencies in Beijing involved with a formal announcement. While the recent events in Libya do not directly affect China, the current tensions between China and Japan over an island chain and who owns it, http://www.ft.com/cms/s/0/e0bc4358-0ba5-11e2-...z28FyMudnj, has the US Diplomatic community in China on heightened alert and prompted notifications to be sent out to the ex-pat community warning them to avoid certain situations and locations within Beijing. Therefore, we have rethought our initial plans of a highly publicized opening. http://www.businessinsider.com/attack-on-us-a...ing-2012-9

Despite the recent activities in Beijing and the decision to hold off on a public awareness campaign for the consumers in Beijing, we have averaged sales of over $300 USD per day and have held substantial events on a weekly basis in the CGI Retail Shop. The pictures below are from our hosted event with the Crimson Wine Group last week! As you can see there is no shortage of California Wine consumers in Beijing and the traditional word of mouth marketing of the California Grapes Wine Shop is spreading fast.

We are looking forward to the real market campaign in Beijing to kick in!

We are working on a few really exciting opportunities that we should be able to share with you in the coming weeks!

The Domestic operations have been progressing as well. With Mr. Thomas Rappe putting some needed refinements on the Broker Alliance Program (BAP) and working through some of the inconsistencies in the way brokers have done business in the past vs. the way CGI operates with the independent brokers. We have our first container of wine clearing China Customs originated by one of our BAP members and we are looking at the second container to be put together very soon with another BAP partner. With the current market conditions of the California Wine Industry’s export sales being driven by transactional deals, the ability to build repeat or long term business for a winery has been a challenge. Through our direct email communication campaign with the wineries, we are providing the education, awareness and potential risks to their brands of that type of sales mentality. Wineries are beginning to realize that the solution being offered by CGI is of tremendous value when dealing with export sales to China and potentially beyond. We have begun to catch the eye of some of the more limited and sought after cult wine producers and we hope it is only a matter of time before the industry begins to seek us out as their export service provider. We have created a unique service in the industry and we have the potential of capturing a solid percentage of the export sales as a whole.

CGI has, and is, accomplishing a tremendous amount. We are a growing company and will make mistakes. With what we are establishing, building and developing, there is no roadmap for us to work with and that makes us pioneers in this industry. We are very thankful for the supporters who communicate directly with us, as it is very encouraging. We encourage constructive criticism. Success will not come easy but, it is a great opportunity and we are working hard to make sure that it comes to fruition for all of us.

Best regards,

California Grapes International, Inc.

“Bringing The Best Wines In The World To The World”
PHOTOS at: http://www.cagrapes.com/news/

California Grapes (CAGR) Stock Research Links

CAGR Board Company Profile Buy Rating Time & Sales News Filings Financials

Newer

Older

Scroll down for more posts ▼

Top 10 Most Recent News Articles

ON1 Photo RAW 2027: New AI Tools, Better Processing

Aiming for the Photography Crown ON1 isn't just tinkering on the fringes with their new Photo RAW 2027 release—they're diving headfirst into the deep end, aiming to outdo giants in the RAW processing world. I've seen my share of software updates that don't move the needle, but this one's packed to the gills with updates that photographers have been clamoring for. What's...

China's Innovation Surge: Game Changer for Global Markets

The Bold Shift in China's Economic Landscape Well, here's the scoop: China isn't just the world's assembly line anymore; it's gearing up to be a top-tier innovation hub. On the surface, might seem like another geopolitical spiel, but dig a little and you'll find it's a serious shake-up for global markets. We're talking about more than just products rolling out of...

Jeep Wrangler Scrambler SRT: A Bold Off-Road Rebirth

A New Legend in the Making Who would've thought we'd see the day when an SRT badge graced a Jeep Wrangler with such audacity? This ain't your typical Wrangler—they’ve slapped a bit of that CJ-8 throwback swagger, and given it the full-on SRT treatment. It's a mad machine, barreling into the future with one foot firmly planted in its legendary past. You ask any...

Florida Homebuyers: Navigating Flood Zone Risks Smartly

Florida Properties: The Buried Risk in Flood Zones If you’re dreaming of palm trees and sandy beaches, don't let flood zones turn that dream into a nightmare. It’s not all sunshine and rainbows when it comes to buying real estate in Florida, as it turns out—flood zones are lurking, and the devil's in the details. Understanding FEMA Flood Maps First off, these FEMA...

ACA 2027 Enrollment: New Rules Aim to Simplify Coverage

Navigating New Waters in 2027 ACA Open Enrollment If you're one of those folks who likes to wait until the last minute, the ACA's got a wake-up call for you this year. The 2027 open enrollment period started on November 1, 2026, with some pretty notable changes. The deadline for coverage beginning January 1, 2027, is December 15, so don't take a nap on this one, alright?...

Beyon Expands Green Data Centres to Three Facilities

Blazing Solar Trails in the Digital Landscape Lend an ear, folks, because Beyon's latest leap in the world of renewable energy isn't just another 'look how green we are' maneuver. Announced during Gateway Gulf 2026, this venture is all about serious numbers and even more serious energy chops. Beyon's on course to power a third data center entirely through solar energy,...

Lazard Closes Deal with Campbell, Launches Lazard CL

Talk about pulling a rabbit out of the hat! Lazard has just solidified its position in the private capital advisory game with the closure of its acquisition of Campbell Lutyens. They’re now rolling out Lazard CL, merging muscle across different strategies and diversifying those good ol’ revenue streams. It’s a peppy move from Lazard—not just for the cold hard...

Xylitol: A Game Changer in Kids' Oral Care Battle

Candy Challenges: Embracing Sweet Joys Responsibly Think you're done with Halloween? Nope. Welcome to the endless candy seasons when every festivity seems like an outlet for sugar overload—with parents caught between letting kids enjoy and guarding their teeth. Now, with Spry's recent push around xylitol, there's an option that might just mean an easier peace between...

Military Medical Minds to Converge at MTEC Event in 2027

Ever wonder where the cutting edge of military medicine takes shape? On February 16-17, 2027, Washington, DC becomes the epicenter for just that, as the Medical Technology Enterprise Consortium (MTEC) rolls out its 11th Annual Membership Meeting. A gathering of who's who in the world of military medical innovation, this event is like a high-stakes cocktail of science,...

Sirolimus-Coated Balloon Shows Promise in TRANSFORM II

Breaking Down the TRANSFORM II Trial Innovation never rests, folks, especially when it comes to treating coronary artery disease. Right on cue, the TRANSFORM II trial's results have hit the airwaves, marking a significant milestone with its implant-free MagicTouch Sirolimus-Coated Balloon (SCB) strategy. Getting the Lay of the Land This wasn't just some backyard...