CDO has improved its wealth 1900%Update: GGRI is now trading today at .19 cents.
GGRI is up from 1 cent to 19 cents in 4 trading days on a JV with CDO.
Meanwhile, CDO is up nothing this week.
Bottom line added to CDO's coffers this week now is....
500 thousand cash for the JV (as per the GGRI news release)
6.1 millon shares of GGRI stock (as per the GGRI news release) multiplied by .19 cents (roughly we'll see where GGRI closes Friday) equals 1.15 million dollars american.
So CDO as a market cap co. of 2 million dollars has this week earned for itself 1.65 million dollars.
Why it is still trading at 3 cents is completely out of the realm of my understanding.
How CDO can put 1.65 million dollars in its bank since Monday at 3 pm and still have a market cap of 2 million? The market seems to be asleep.
News release coming. Perhaps that will wake up the market to something as obvious as this.