Hey Sampson and KoolKat,Given you 'guys' seem to have a bullish...

Hey Sampson and KoolKat,

Given you 'guys' seem to have a bullish opinion on CGP and have a high opinion of management could you please enlighten me about WHY you think so highly of CGP as an investment opportunity.

The reason I ask is that the SPP document put out by the company today effectively offers no information that I can see around why anyone should invest. Essentially it says 2 things:

1) BreatheAssist is the game we're chasing and that's the strategy for 2013. No other details.
2) Money is for working capital. No other details.

I like to think that it's prudent to do at least some fundamental analysis before making an 'investment'. If I were being prudent I think I'd like to know more, for example what is the business plan, financials, and other incidental matters.

The other thing I'm curious about is that as of 30 Sept 2012 they had $207,000 in the bank and on the last 4C a 'burn rate' of $777,000 for the quarter. Now I'm no rocket scientist but I reckon they'd have to be cutting it pretty fine by now and another $750,000 (if they get it) is probably not going to last that long. So, where does the next lot of revenue / capital come from? No details around that either...!!

So, KoolKat, you said you invested so I am assuming you have spoken to management and checked out such basic information. What's your take on it? What is the investment case?

Or was your investment simply a matter of faith ?