California Grapes International, Inc. Announces Appointment of a New Board Member

California Grapes International, Inc. (OTCPINK: CAGR) a leading provider of full service export, marketing, promotions, distribution and sales for the CA Wine Industry internationally, has approved and duly appointed Mr. Mark Bailey as a new member of the Board of Directors for “CGI”.

Mr. Bailey’s experience and expertise is derived from over 35 years as a Certified Public Accountant. Currently as Managing Partner of a medium sized accounting firm, (www.markbaileyco.com.), Mr. Bailey consults extensively with clients on business valuations, merger and acquisitions, tax planning, accounting, and management. He is involved with the legal community on an ongoing basis in areas of dissenting shareholder action and other litigation support. He is also the lead audit partner on several of the firm’s largest audit engagements.

In conjunction with the appointment of Mr. Bailey to the Board of Directors for California Grapes International, Inc., the firm of Mark Bailey & Co, LTD has also been contracted to provide the related function of CFO for “CGI”. The final selection of an accounting firm, that understands the unique nature of the “CGI” business challenges, was a critical decision and we could not be happier with our decision to proceed with Mr. Bailey and his team. With Mr. Bailey’s participation and commitment as a member of the Board of Directors, the long term assurance of proper strategic financial and tax related structuring of “CGI” as an international company is greatly enhanced.

We now begin the process and preparation for becoming fully reporting and going through the audit process. We are on target to accomplish this before the year end and are looking forward to the next phase of evolution for California Grapes International, Inc.

“I believe our focus on small and medium size public company audit and reporting along with our international tax expertise well suits the direction and needs of this very exciting and unique opportunity in the Pacific Rim.” Mark Bailey – Managing Partner/Founder Mark Bailey & Co, LTD

“We are very confident and extremely pleased with the engagement of Mark and his team of professionals. The opportunity to have him as a member of our Board of Directors is a great testament to the company we are building and the future of the CGI!” – Jeffrey Crittenden – CEO 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.

California Grapes (CE) (USOTC:CAGR)
Historical Stock Chart
From Jun 2024 to Jul 2024