SureTrader Nadex Advertisement PGUS
Home > Boards > US OTC > Banking and Finance >

Capital Financial Global, Inc. (CFGX)

CFGX RSS Feed
Add CFGX Price Alert      Hide Sticky   Hide Intro
Moderator: waterchaser, malc stone, badgerbob, Peggy, penny2dollaz, $Pistol Pete$
Search This Board: 
Last Post: 3/28/2017 10:58:12 PM - Followers: 277 - Board type: Free - Posts Today: 0

 

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:********************


********************************



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




 

 









 










 

  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
CFGX
Current Price
Volume:
Bid Ask Day's Range
SureTrader
CFGX News: Current Report Filing (8-k) 12/21/2016 04:19:52 PM
PostSubject
#34567  Sticky Note Mr. Paul Edward Norat is Chairman, President & penny2dollaz 03/25/17 10:24:49 AM
#34519  Sticky Note $CFGX Capital Financial Global Announces Letter of Inten $Pistol Pete$ 03/24/17 02:43:03 PM
#33882  Sticky Note CFGX files NOTHING. What they pay OTCMarkets to 1manband 02/25/17 01:27:58 PM
#31310  Sticky Note Here we go, again. malc stone 02/15/16 05:58:33 PM
#34699   If an lOI doesn't attract interest for lowly BNP31 03/28/17 10:58:12 PM
#34698   I've been doing this a long time. Seen PennyStockYoda 03/28/17 08:07:05 PM
#34697   With the news of the LOI barely any BNP31 03/28/17 08:03:41 PM
#34696   How does anything happen? The sun rises every PennyStockYoda 03/28/17 07:55:34 PM
#34695  Restored BTW ignoring CFGX is a sign of being penny2dollaz 03/28/17 06:19:02 PM
#34694   CFGX let the stock go to .0001 and penny2dollaz 03/28/17 06:15:51 PM
#34693   Taking your stock to .0001 via constant dilution malc stone 03/28/17 06:10:39 PM
#34692   Exactly, let Norat pull us out. Qualified financial leader. penny2dollaz 03/28/17 05:27:34 PM
#34691   CFGX is not selling it's the .000'1's penny2dollaz 03/28/17 05:25:35 PM
#34690   It's been maxed out for years did Norat penny2dollaz 03/28/17 05:20:35 PM
#34689   I don't think running stock scams is smart. Do malc stone 03/28/17 05:16:14 PM
#34687   Everyone knows CFGX is going to increase a/s penny2dollaz 03/28/17 05:09:46 PM
#34686   well you don't have to believe it, but BNP31 03/28/17 03:34:29 PM
#34684   considering i've been here since years now, i'll BNP31 03/28/17 03:25:25 PM
#34683   It's gonna rain all right. It will rain waterchaser 03/28/17 02:19:51 PM
#34682   $CFGX day is coming when we start to Stockcaller 03/28/17 01:54:35 PM
#34681   Jajaja you got me Harmónica 03/28/17 11:04:48 AM
#34680   https://en.wikipedia.org/wiki/April_Fools%27_Day ajackson1204 03/28/17 11:03:55 AM
#34679   Could you explain more please? Harmónica 03/28/17 11:01:15 AM
#34678   Really... ajackson1204 03/28/17 11:00:01 AM
#34677   Why that date? Why big news in April 1? TIA Harmónica 03/28/17 10:59:43 AM
#34676   Wow.....Just wow ajackson1204 03/28/17 10:59:29 AM
#34675   Dates mean nothing for this overhyped charade. waterchaser 03/28/17 10:58:58 AM
#34674   Look at the date... ajackson1204 03/28/17 10:58:20 AM
#34673   Yes, huge and massive. That's why this juggernaut waterchaser 03/28/17 10:57:55 AM
#34672   Huge massive news coming out April 1, 2017 ajackson1204 03/28/17 10:55:10 AM
#34671   how? BNP31 03/28/17 10:26:16 AM
#34669   Let's see CFGX increase the AS to reflect malc stone 03/27/17 11:01:22 PM
#34668   There's no proof that just because of that Axel 03/27/17 10:59:05 PM
#34667   Maxed out it not ok when hundreds of malc stone 03/27/17 10:53:19 PM
#34666   Yes but why the posts then. Maxed out Axel 03/27/17 10:52:07 PM
#34665   Well, you can find out if it is malc stone 03/27/17 10:44:52 PM
#34664   The TA of CFGX will tell me there Axel 03/27/17 09:55:27 PM
#34663   Call the TA if interested. malc stone 03/27/17 09:43:32 PM
#34662   Interesting. Give me a ticker so I can Axel 03/27/17 09:40:31 PM
#34661   I have. Plenty of times. malc stone 03/27/17 09:26:41 PM
#34660   I have never seen a company issuing more Axel 03/27/17 09:23:04 PM
#34659   Then he is going to have to raise malc stone 03/27/17 09:20:30 PM
#34658   Yes very very good! Norat promised not to split Axel 03/27/17 09:07:32 PM
#34657   Any day without a revocation or reverse split malc stone 03/27/17 08:51:03 PM
#34656   Yep. I guess that represents a "great day" waterchaser 03/27/17 08:42:05 PM
#34655   Go look at the trades. It is malc stone 03/27/17 08:40:11 PM
#34654   Yes, I suppose it's a good day when waterchaser 03/27/17 07:34:02 PM
#34653   It's all perspective. I see it as a PennyStockYoda 03/27/17 07:28:17 PM
#34652   Fact, it was a bad day for the waterchaser 03/27/17 07:01:05 PM
#34651   The FACT is, you can NOT sell without richi1 03/27/17 06:58:19 PM
#34650   Keeping to the facts, sell volume outpaced buy waterchaser 03/27/17 06:54:42 PM
#34649   19 million bought today - nice day! richi1 03/27/17 06:49:52 PM
#34648   19 million dumped at .0001 and a one malc stone 03/27/17 06:26:30 PM
#34647   GO CFGX!!!! richi1 03/27/17 03:13:18 PM
PostSubject