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Capital Financial Global, Inc. (CFGX)

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Last Post: 12/5/2016 8:49:48 PM - Followers: 277 - Board type: Free - Posts Today: 9

 

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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PostSubject
#32997  Sticky Note CEO Norat is the one involved in an 1manband 10/10/16 07:15:34 PM
#32779  Sticky Note $CFGX - Current as of 10/05 WEDNESDAY maradoods 10/05/16 12:29:43 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
#33487   We need to raise the S/S or r/s, penny2dollaz 12/05/16 08:49:48 PM
#33486   Of course we are maxed out penny2dollaz 12/05/16 08:48:12 PM
#33484   Who said the CEO dumped anything? That would badgerbob 12/05/16 07:35:14 PM
#33483   Not dumped, CEO has no S/S to sell. penny2dollaz 12/05/16 07:33:03 PM
#33482   Wow,the general theme a few weeks back, when badgerbob 12/05/16 07:27:48 PM
#33479   Think we may quicker see santa than news BNP31 12/05/16 11:17:24 AM
#33478   Well, it's a new month and apparently everything waterchaser 12/02/16 04:12:51 PM
#33476   As expected, No-news Novemeber has come and gone! BNP31 11/29/16 06:34:26 PM
#33475   What? No volume or run with Norat's wonderful BNP31 11/25/16 10:12:48 AM
#33474   CFGX will go to the moon now! waterchaser 11/24/16 10:38:05 AM
#33473   yippeeeeeee...........that's what i've waited so long to hear BNP31 11/24/16 10:30:19 AM
#33472   Happy Thanksgiving from our CEO! Last new in the Harm√≥nica 11/24/16 09:42:41 AM
#33471   To be fair, no nothing is happening, As penny2dollaz 11/22/16 09:27:00 PM
#33470   The trading has caused this reaction correct? If penny2dollaz 11/22/16 04:20:53 PM
#33469   I don't give a rats ass about trading, malc stone 11/22/16 03:28:16 PM
#33468   Before the H Bomb CFGX had some good penny2dollaz 11/22/16 03:25:55 PM
#33466   If a slow investment is riding a stock malc stone 11/21/16 11:26:22 PM
#33465   Lololol we definitely have veryyyy different definitions of short BNP31 11/21/16 10:31:32 PM
#33464   I do not say fraud when I see penny2dollaz 11/21/16 04:25:44 PM
#33463   So no run happened from those hundreds of badgerbob 11/19/16 07:00:45 PM
#33462   Points taken. I agree. However I malc stone 11/14/16 02:07:03 PM
#33461   I was actually referring to the expectations on BNP31 11/14/16 01:57:01 PM
#33460   I don't find people being defrauded hilarious. malc stone 11/14/16 01:51:12 PM
#33459   lololol........this is just sadly hilarious BNP31 11/14/16 01:49:54 PM
#33458   Still no bid? Awww shucks and i really BNP31 11/11/16 11:17:33 PM
#33457   Hope, hope, Hope! Andyhighhat 11/11/16 02:54:25 PM
#33456   Wow. A bid. Onwards. malc stone 11/11/16 09:56:10 AM
#33455   what makes today any different to warrant that? BNP31 11/11/16 09:42:15 AM
#33454   We could easily see a bid today Cloudbreak 11/11/16 09:34:50 AM
#33453   lol again so we keep hearing, what actually BNP31 11/11/16 07:58:04 AM
#33452   Long range chart looks great for a 0.0001! mattchew 11/11/16 12:20:25 AM
#33451   ``CFGX``Hopping for the best . STOCKPRO72 11/11/16 12:11:41 AM
#33450   Got to get the 0.0001`s BEFORE it starts mattchew 11/11/16 12:02:30 AM
#33449   ``CFGX``HOPPING never know waiting like everyone else . STOCKPRO72 11/10/16 11:49:33 PM
#33448   ``CFGX`` Always HOPE for this company to STOCKPRO72 11/10/16 11:40:20 PM
#33447   How much sooner than latter do you think? malc stone 11/10/16 11:39:22 PM
#33446   It's over, CFGX = No Hope. waterchaser 11/10/16 11:07:46 PM
#33445   ``CFGX``Nothing over till is over , i never STOCKPRO72 11/10/16 11:03:15 PM
#33444   Actually the future has played itself out here waterchaser 11/10/16 10:51:14 PM
#33443   ``CFGX`` Never know what the future brings , STOCKPRO72 11/10/16 10:47:28 PM
#33442   Um................not in this decade. waterchaser 11/10/16 10:15:09 PM
#33441   ``CFGX``Gravitational acceleration in NEWS and SHARE PRICE , STOCKPRO72 11/10/16 10:10:39 PM
#33440   Lol so we keep hearing BNP31 11/10/16 04:28:37 PM
#33439   Anything could happen at any time, just one penny2dollaz 11/10/16 02:36:56 PM
#33438   One day now in a few months now! I'm ezyE 11/09/16 04:01:14 PM
#33436   And october but still no news or business BNP31 11/09/16 06:36:29 AM
#33434   What happened to end of august? BNP31 11/08/16 09:03:20 PM
#33433   Not sure anyone is selling at no bid penny2dollaz 11/08/16 05:02:26 PM
#33432   Awareness campaigns. Not aware of any but I penny2dollaz 11/08/16 04:56:05 PM
#33431   Lol. Retail cannot sell into no bid. malc stone 11/08/16 02:19:51 PM
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