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Capital Financial Global, Inc. (CFGX)

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Last Post: 9/28/2016 1:28:41 PM - Followers: 270 - Board type: Free - Posts Today: 6

 

Capital Financial Global (CFGX)



http://www.capfiglobal.com/
 




THE BELOW INFORMATION WAS ADDED BY PENNY2DOLLAZ

   A/S  Per OTC Filings   = 2,000,000,000 a/o Sep 29, 2015

A/S (Common) per T/A    = 1,850,000,000 a/o Oct 23, 2015
    
     O/S Per T/A = 1,786,275,316 a/o Oct 23, 2015 


Float  Per OTC Markets  = 1,384,830,299 a/o Sep 29, 2015

 

COMPANY INFO

COMPANY FILINGS

NEVADA SOS ENTITY ACTIONS

CEO COMMENTARY

TWITTER FEED



********************LATEST PRESS RELEASES:********************


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Capital Financial Global Cancels Off-Take Agreement with Noble Metal Kings, Withdraws from All Mining Related Business:

SALT LAKE CITY, UT / ACCESSWIRE / February 4, 2016 / Capital Financial Global, Inc. (OTC Pink: CFGX), announced today that it has cancelled the off-take agreement to purchase gold bearing ore concentrates from Noble Metal Kings, LLC, originally announced on July 30, 2014.

“We’ve waited long enough for this relationship with Noble Metal Kings to be productive,” said Paul Edward Norat, CEO of Capital Financial Global, Inc. “We can’t afford to further speculate on mining related projects at the expense of our core finance business. It’s time for us to get back to what we know best and that’s finance. Therefore, effective immediately we are completely out of any mining related business. I don’t want anyone owning our stock with the idea that we are a mining company or that their investment will be tied to mining activity in any way – we are a finance company.”

In related a related action, CFGX has terminated its agreement with Quantum Refiners, Inc., which is controlled by our chief executive officer and principal stockholder, Paul Norat, to process ore acquired from Noble Metal Kings, Inc.

The termination of these agreements with Noble Metal Kings and Quantum Refiners marks CFGX’s official complete departure from purchasing and selling mineral materials.

CFGX continues to hold approximately $5.1 million in face amount of notes receivable that Gold Rush Refiners had issued prior to January of 2014, before it was acquired by Paul Norat and renamed Quantum Refiners. CFGX acquired these notes in March of 2014 in arm’s length transactions in consideration of the issuance of about 1.7 million shares of preferred stock. These notes were written down to $1.7 million based on concerns respecting the collectability of the notes in CFGX’s September 30, 2015 financial statements. CFGX now believes the notes are uncollectable and is attempting to resolve adverse impacts on the company by addressing the previous issuance of the preferred stock.

The Company plans to release an updated plan of operations in the weeks to come. Disclosures can be found on the Company’s website and its online disclosure portal at:

http://www.capfiglobal.com

http://www.otcmarkets.com/stock/CFGX/filings




http://www.otcmarkets.com/financialReportViewer?symbol=CFGX&id=150145



 

Company Profile

Capital Financial Global (CFGX) is a specialty finance company that provides asset-backed financing and loan advisory services.

Unlike traditional banking models, CFGX helps organizations obtain needed liquidity by using an asset-backed approach rather than a traditional credit approach to originating new loans, buying and selling existing loans, and converting distressed collateral into cash or trade-able form. We are the preferred alternative to traditional bank financing.

 

Mission & Vision

Mission:

To help organizations obtain needed liquidity by using a non-traditional, asset-backed approach to originating new loans, buying and selling existing loans, and converting distressed collateral into cash or trade-able form.

Vision:

Our higher purpose is to help restore global economic stability by adding only socially and economically responsible financial assets to the global financial system, by helping to rid the system of illiquid, toxic financial assets, and by being the positive change we want to see in the world as an organization.

 

Ethical Standards

In working with us, you will find that:

  1. We treat others as we would want to be treated, in every circumstance. This includes our clients, our investors, our creditors, our business partners, our employees, and the rest of the world that we may impact, directly and indirectly.
    We only do win-win transactions that benefit all parties involved, in some way.
    We do not take unfair advantage of others.
    We proactively provide clear and appropriate information to all our business constituents.
    We do not deceive anyone in any way.
    We respect and protect our economy and the world in which we live and thrive.
    We report those who violate our ethical and moral standards without exception, including our own upper management.
    We ensure that we are living up to these standards by implementing and maintaining an effective corporate governance strategy to monitor, audit, educate, and enforce them.

 


Management

 

Paul Edward Norat : Chairman, President & CEO:

Mr. Paul Edward Norat is Chairman, President & CEO, of Capital Financial Global, Inc. (OTC:CFGX), a specialty finance company. Mr. Norat was previously Chairman, President & CEO, of Capital Financial Services, Inc., a specialty finance company based in Salt Lake City, Utah and operating in the western region of the USA, from April 2000 to May 2010. Prior to 2000, Mr. Norat served as Chief Operations Officer, Vice President of Marketing, and Director of Marketing, respectively, at Equity First Marketing, LLC, a privately held nationwide financial services firm. Mr. Norat began his career as an Investment Analyst for USA Financial Security Corporation, New York, in 1992. Mr. Norat received his BS in Economics and Minor in Business at the University of Utah, and a Master of Business Administration at the David Eccles School of Business at the University of Utah.  Mr. Norat lives in the foothills of the Wasatch Mountains in Salt Lake City, Utah, USA, where he and his wife enjoy raising their four children in the active lifestyle that the mountainous area provides.

 

 
Board of Directors

 

Paul Edward Norat : Chairman, President

Mr. Paul Edward Norat is Chairman, President & CEO, of Capital Financial Global, Inc. (OTC:CFGX), a specialty finance company. Mr. Norat was previously Chairman, President & CEO, of Capital Financial Services, Inc., a specialty finance company based in Salt Lake City, Utah and operating in the western region of the USA, from April 2000 to May 2010. Prior to 2000, Mr. Norat served as Chief Operations Officer, Vice President of Marketing, and Director of Marketing, respectively, at Equity First Marketing, LLC, a privately held nationwide financial services firm. Mr. Norat began his career as an Investment Analyst for USA Financial Security Corporation, New York, in 1992. Mr. Norat received his BS in Economics and Minor in Business at the University of Utah, and a Master of Business Administration at the David Eccles School of Business at the University of Utah. Mr. Norat lives in the foothills of the Wasatch Mountains in Salt Lake City, Utah, USA, where he and his wife enjoy raising their four children in the active lifestyle that the mountainous area provides.

Curtis Rasmussen : CPA Independent Director

Curtis Rasmussen is President of Rasmussen & Associates, PC a full service Certified Public Accounting Firm located in North Salt Lake, Utah. Mr. Rasmussen has been working in the public accounting arena for the past eleven years. Prior to working in public accounting Mr. Rasmussen spent several years as a financial systems consultant with various Fortune 500 companies. Mr. Rasmussen received his Bachelors Degree in Accounting from Utah State University and a Masters Degree in Professional Accounting/Taxation from Weber State University. Mr. Rasmussen is a licensed Certified Public Accountant in both Utah and Nevada. Mr. Rasmussen lives in Kaysville, Utah with his wife and four children.

 

Advisors
 

Charles D. Roe, CPA : Advisor

Mr. Roe is an Audit Partner at HJ & Associates, LLC, with over 36 years of experience in public and private accounting. Chuck has experience with clients in professional services, manufacturing, distribution, software and mineral resources industries. He also has extensive experience in providing audit and related services to public companies dealing with the US Securities and Exchange Commission and other regulators.

Chuck graduated in 1976 from the University of Utah with a Bachelor of Arts in Accounting. Chuck is a Certified Public Accountant and is a member of the American Institute of Certified Public Accountants (AICPA) and the Utah Association of Certified Public Accountants (UACPA).

Chuck has 5 years of experience as a Chief Financial Officer for two public companies. He was also in management of a professional financial services company as well as practiced public accounting with an international and several local firms. Chuck holds a CPA license in Utah, Nevada, Texas and Wyoming.

Aldis Barsketis : Advisor

Aldis Barsketis has worked in the Insurance and Investment area for over 23 years. He started his career with Fidelity Investments as a retirement specialist, then as a Regional Vice President for Transamerica overseeing the sales and implementation of small to mid-sized company qualified plans in the Rocky Mountain Region. In 2004, he was a founding partner in a national insurance brokerage and managed the origination and implementation of over $250 million of premium financed life insurance and the purchase and sale of senior life settlements. Recently he has worked as a consultant for various organizations in the design and implementation of various insurance and investment products. Mr. Barsketis has a bachelor’s degree in marketing and a minor in finance from DePaul University.
 


 


 

THE ABOVE IMFORMATION WAS ADDED BY PENNY2DOLLAZ




 

 









 










 

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#32556  Sticky Note CFGX has already failed. Look at the stock 1manband 09/24/16 06:46:59 PM
#32329  Sticky Note CEO Paul Norat began his career as an penny2dollaz 09/10/16 02:18:21 PM
#31310  Sticky Note Here we go, again. malc stone 02/15/16 05:58:33 PM
#29005  Sticky Note Mining lies. ObviousJoe 08/06/15 06:08:47 PM
#32573   Statement currently reads down 99% on my already BNP31 09/28/16 01:28:41 PM
#32572   What is everyone bitching about..norats open and honest..an ajackson1204 09/28/16 12:50:42 PM
#32571   take note of the price before you say BNP31 09/28/16 12:36:54 PM
#32570   Hey, the scam traded today. That's good right? malc stone 09/28/16 10:54:18 AM
#32569   you could get stranded on a deserted island BNP31 09/28/16 10:46:00 AM
#32568   Missed a week or two, but same old badgerbob 09/28/16 10:42:49 AM
#32567   nothing new here........also what choice do we have BNP31 09/27/16 11:06:34 AM
#32566   July, August, now September about to pass still ezyE 09/27/16 06:50:25 AM
#32565   well considering alot has changed since i bought BNP31 09/26/16 10:15:11 AM
#32564  Restored Even a low paid reporter will at least penny2dollaz 09/26/16 10:08:31 AM
#32563   he can talk all he wants, that's all BNP31 09/26/16 09:55:52 AM
#32562   Don't like the lyrics? Norat has already stated penny2dollaz 09/26/16 09:49:03 AM
#32561   this cancer video has nothing to do with BNP31 09/26/16 09:08:40 AM
#32560   https://twitter.com/paulnorat If you think Norat is going to penny2dollaz 09/25/16 05:00:12 PM
#32559   To see it fail? Did you miss the BNP31 09/24/16 09:49:34 PM
#32558   The Greater Fool theory. Because that is malc stone 09/24/16 07:19:37 PM
#32557   Gloomy Sunday. I still say we do not penny2dollaz 09/24/16 06:54:17 PM
#32556   CFGX has already failed. Look at the stock 1manband 09/24/16 06:46:59 PM
#32555   Google what up? Saving the entire markets? I penny2dollaz 09/24/16 06:38:15 PM
#32554   Listen man, CFGX is a scam stock. malc stone 09/24/16 06:13:57 PM
#32553   So you are saying some want CFGX to penny2dollaz 09/24/16 06:12:19 PM
#32552   But I am the same as anyone on malc stone 09/24/16 06:09:25 PM
#32551   I am not speaking on just my behalf, penny2dollaz 09/24/16 06:02:34 PM
#32550   If you have no skill the playing the malc stone 09/24/16 05:30:10 PM
#32549   If you have no skill or inheritance and penny2dollaz 09/24/16 03:49:04 PM
#32548   I have no idea what that is supposed malc stone 09/24/16 09:11:11 AM
#32547   Real success does not find you, it does penny2dollaz 09/23/16 08:51:55 PM
#32546   there really isn't anything to get back to. BNP31 09/23/16 09:08:29 AM
#32545   Sometimes success does not announce itself. malc stone 09/22/16 10:26:16 PM
#32544   Sometimes success does not announce itself. penny2dollaz 09/22/16 10:17:28 PM
#32543   I will get back to you on that. penny2dollaz 09/22/16 10:15:10 PM
#32542   ASK ANYONE ONE THE BOARD I AM ALWAYS penny2dollaz 09/22/16 10:11:22 PM
#32541   This stock being portrayed as an investment has malc stone 09/22/16 10:11:12 PM
#32538   Its getting to be not so funny for penny2dollaz 09/22/16 09:57:51 PM
#32537   Simply because I have been here for 4 penny2dollaz 09/22/16 09:56:49 PM
#32536   Lol. Uh huh. malc stone 09/22/16 08:43:44 PM
#32535   Okay, promo versus promotion? Fine...... gitreal 09/22/16 07:51:46 PM
#32534   Not a promo , a promo is when penny2dollaz 09/22/16 07:45:54 PM
#32533   Never done a promotion? What do you gitreal 09/22/16 07:13:37 PM
#32532   One of his what? Norat never has done penny2dollaz 09/22/16 06:51:23 PM
#32530   Wow, so much ado about $60 worth of gitreal 09/22/16 05:09:15 PM
#32529   Lost two months means that no one bought ezyE 09/22/16 05:00:04 PM
#32528   Okay, not sure what your point is. gitreal 09/22/16 03:07:38 PM
#32527   But there was a trade last month and ezyE 09/22/16 03:01:14 PM
#32526   The trade last month was for $50, and gitreal 09/22/16 02:59:31 PM
#32525   No! It was actually a trade last month! Go Cfgx ezyE 09/22/16 02:55:12 PM
#32524   Hey, the second trade in two months for gitreal 09/22/16 12:34:26 PM
#32523   ``CFGX``This is going to be quite the experience...... STOCKPRO72 09/21/16 09:53:32 PM
#32522   ``CFGX`` Sound good to me . STOCKPRO72 09/21/16 09:45:51 PM
#32521   Of course CFGX is on the B.O.B. there's waterchaser 09/21/16 09:44:12 PM
PostSubject