[b]CAGR + UAE + CHINA >> MASSIVE DONT MISS SUBBY[/b] // California Grapes International, Inc. Announces Beijing Sales And Operations Update
Press Release: California Grapes International, Inc. – Fri, May 4, 2012 9:00 AM EDTShare1EmailPrintCompanies:California Grapes International, Inc.RELATED QUOTESSymbol Price Change
CAGR 0.0013 0.00
HENDERSON, Nev. & BEIJING--(BUSINESS WIRE)--
California Grapes International, Inc. (OTCPK:CAGR.PK - News) a leading provider of full service export, marketing, promotions, distribution and sales for the CA Wine Industry internationally, with its (WOFE) Wholly Owned Foreign Entity; Beijing Jin Long Fei International trading Co., Ltd. today announces an update to the following Sales and Operations status.
The company’s “Discover California Wines Campaign” is gaining momentum and the development of the “CGI” Wine Club for our direct retail consumers has exceeded 200 unique consumer registrations. These registrations represent direct consumers that have a purchasing history and will be specifically invited to the Grand Opening of the Retail Store. The “Wine Club” that has been developed and is being offered by “CGI” is modeled after the traditional wine clubs found at most wineries or retail shops in the USA. This will provide for the Retail Shop to have substantial consumer base immediately upon opening.
“CGI” has been very selective regarding the immediate venue sales and placements thus far in Beijing. “CGI” currently has 6 direct venue locations established. We are currently developing specific activities and promotions for these locations that will become a critical part of the new sales training program that has been developed. Promotions and Events are the key with all venue sales and “CGI” works with each location in order to develop and deliver measurable results.
The month of April accounted for over $100,000.00 in sales and we are excited about the increase in sales the Retail Location is projected to produce. With the Wine Club building, the venue promotions lining up and new staff being trained, “CGI” is on target to exceed our in-market projections of 1 Million in sales by the end of 2012.
“The 'CGI' model focuses on the Expat and Tourist business as the target consumer and our retail store fronts will provide the catalyst for the hospitality industry throughout China. As the 3rd most visited country in the world; in 2010 there were over 56 million oversea tourists that visited China with an estimated $45 Billion Dollars in Foreign Exchange revenue. American’s represents a large number of these tourist and ex-pats living in China and they know California wines, they love California wines and now they have a source to purchase California wines! Our goal is to increase our market awareness in both the general consumer and the Hospitality industry to achieve sales revenues of over $20 million dollars by the yearend 2015.” – Frank Yglesias – EVP of California Grapes International, Inc.
Safe Harbor Statement
Information in this press release may contain 'forward-looking statements.' Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated. Forward-looking statements in this news release are made pursuant to the 'Safe Harbor' provisions of the United States Private Securities Litigation Reform Act of 1995.
Contact:
California Grapes International, Inc.
Jeffrey Crittenden, 855-558-WINE
ir@cagrapes.com
CAGR + UAE + CHINA MASSIVE DONT MISS SUBBY // California
Top 10 Most Recent News Articles
Tech Job Market Surges: 86,000 Hires in August Boost
Tech Job Growth Defies Corporate Layoffs Job markets in the tech world are hotter than a two-dollar pistol. Despite seeing some layoffs in tech firms, the demand for skilled tech workers is still booming. You got tech companies tightening the bolts, laying off around 14,700 folks, but here's the kicker: overall tech employment shot up with 86,000 new jobs in August....
Continue Reading
CHiQ Secures AI Award, Elevates Smart Home Living
CHiQ's Big Win in the AI Game In a world where technology rarely stops spinning, CHiQ has carved its own commendable niche. Snagging the AI Home Ecosystem Brand Award at IFA 2026 in Berlin, the brand's knack for pioneering AI tech isn't just a footnote—it's the whole story. The award—enough to make your competitors green with envy—highlights how far they've come in...
Continue Reading
IVD Study Success: Hybrid Monitoring Boosts Oversight
New Strategies for IVD Clinical Studies It's high time we addressed the tangled web of managing in vitro diagnostic (IVD) clinical studies. We're talking about walking a tightrope where sponsors have to juggle regulatory scrutiny, data integrity, and operational efficiency—all while pushing innovation. Simply put, the old ways of doing things just aren't cutting it...
Continue Reading
Reolink Unveils OMVI 2i Ultra at IFA 2026
Reolink's Bold Move Into the Future of Home Security Amidst the hustle of Berlin's IFA 2026, Reolink dropped its latest gem: the OMVI 2i Ultra—an all-in-one security powerhouse promising to change the game for home protection junkies. As usual, Reolink's got its eyes on the prize, pushing boundaries with this latest lineup. OMVI 2i Ultra: Dual-View Revolution If you've...
Continue Reading
Actinium Pharma Unveils Plans at Key Investor Conference
Actinium Pharmaceuticals Steps into the Spotlight Alright, folks, here we have Actinium Pharmaceuticals, Inc. gearing up to make some noise at the H.C. Wainwright 28th Annual Global Investment Conference. This isn't just any roadshow—it's a chance to showcase the kind of pioneering work they're doing in targeted radiotherapies. With Sandesh Seth, the Chairman, taking...
Continue Reading
S&P 500 Shuffle: Bloom, Illumina, Everpure Join Frenzy
Index Shuffles Stir Market Pot Changes are afoot, folks, with the movers and shakers of the market indices stepping into the spotlight. A lot is brewing with S&P Dow Jones Indices making significant switches effective September 21, 2026—right before trading heats up. You better believe it's affecting more than a couple of tickers. Who's In and Who's Out? If you’ve...
Continue Reading
AEVEX Faces $100K+ Losses in New Investor Lawsuit
When the suits start flying, folks, you know there's a mess brewing somewhere in the market. Here we are, talking about AEVEX Corp, ticker NYSE:AVEX, and they’re facing some serious heat. There's some scuttlebutt about a class action lawsuit that’s got investors clutching onto their wallets tighter than ever. If you’ve been scouring over the papers, this lawsuit is...
Continue Reading
Rho Adds Credit Card Payments to Invoices
Rho's New Game: Credit Card Payments on Invoices Ah, the wonderful world where your invoices can finally ride the plastic wave! Rho, that scrappy finance platform everyone's been chattering about, just rolled out a card payment feature. Yep, from credit cards to Google Pay, they’re letting businesses skip the usual financial hurdles and get their dough directly from...
Continue Reading
CRESYN Opens Model Residence: A Peek at City Living
CRESYN: Urban Elegance Hits Long Island City Who doesn't want to peek under the hood when a flashy new ride rolls into town? CRESYN's newly unveiled model residence in Long Island City is just that—an invitation to get up close and personal with what modern urban living can be. Forget the blueprints and glossy renderings. This place is the real deal, giving you that...
Continue Reading
New Concierge Pediatric Care at Weill Cornell Launches
A New Way Forward in Pediatric Care When a couple of seasoned pediatricians decide it's time for something fresh, eyes and ears perk up. Enter Dr. Paul W. Chung and Dr. Jane E. Rosini, diving headfirst into a revolutionary pediatric concierge program courtesy of Concierge Choice Physicians (CCP). We're talking a substantial shake-up at Weill Cornell Medicine, aiming to...
Continue ReadingTop 5 Most Recently Viewed Articles
Analyst Insights on Humana's Q3 Earnings Expectations
Analyst Insights on Humana's Q3 Earnings Expectations As Humana prepares for its upcoming earnings report, analysts are closely examining the expected performance metrics. The consensus among Wall Street experts is that Humana (NYSE: HUM) will report earnings of approximately $3.48 per share. This figure marks a notable decline of 55.3% compared to the same quarter last...
Continue Reading
Mastering Price Breakouts: Avoid Common Trading Pitfalls
Understanding Price Breakouts in Trading Price breakouts are captivating setups in the trading world. However, traders often find themselves misled when relying solely on price movements without considering essential indicators. The reality of the market is that many breakouts are merely illusions that can deceive traders unprepared for unexpected reversals. Recognizing...
Continue Reading
Maximize Earnings: Earning $500 Monthly with Pfizer Stock
Unlocking Earnings Potential with Pfizer Pfizer Inc. (NYSE: PFE) has positioned itself uniquely in the healthcare sector, and as it approaches its third-quarter earnings announcement, many investors are contemplating the opportunities its stock presents. Analysts anticipate that Pfizer will report earnings around 64 cents per share, a decrease compared to $1.06 in the...
Continue Reading
Addressing Unfair Trade Practices in the Trailer Industry
The Urgent Need for Trade Protection in the Trailer Industry Undoubtedly, the American trailer industry is at a critical juncture. Recent actions by the American Trailer Manufacturers Coalition highlight the pressing need for antidumping and countervailing duties as imports of van trailers from foreign countries like China, Canada, and Mexico flood the market at unfairly...
Continue Reading
Genius Group Marks Another Milestone with Recent Buyback
Genius Group Executes Share Buyback to Boost Investor Value Genius Group Limited (NYSE: GNS), a pioneering entity in the AI-driven education sector, has made headlines with its recent buyback of one million shares, a strategic move undertaken to reinforce shareholder confidence and value. This transaction occurred against the backdrop of a well-defined plan, allowing the...
Continue Reading