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Alias Born | 10/14/2009 |
Monday, February 15, 2016 5:58:33 PM
Yes, we understand. Norat feels it is the critics fault that his stock performed so poorly. "Malicious intent" huh? I was not aware that in the course of doing due diligence on stocks us critics were supposed to grab the pom-pom's and sing the praises of the CEO who is running a con game to fleece the public. I was not aware that the whole penny stock market is supposed to be trying to run the Greater Fool theory game on their neighbor.
My intent is to strive for Truth and Transparency in the market, and when a con game is discovered a con game is exposed. Deal with it.
What was Norat's intent? To run a pump and dump I suppose, because nothing of any actual shareholder value has come from any of his supposed "business ventures" to build the value of CFGX.
http://www.capfiglobal.com/ceo-update-distressed-debt-acquisition-on-schedule/
http://www.capfiglobal.com/capital-financial-global-cancels-off-take-agreement-with-noble-metal-kings-withdraws-from-all-mining-related-business/
So, in the course of the last couple of years we have seen the "awesome deal" as Norat put it of issuing 1.7M preferred shares of CFGX stock in exchange for 5.1M in distressed debt owed to Gold Rush Refiners turn into absolutely NOTHING for CFGX shareholders.
How much distressed debt has been recovered to date from the filings? Not a damn dime.
And now we find the "off-take" agreement with Noble Metal Kings has been officially terminated, thus ending the CFGX foray into precious metals.
Ha. The projected 400M revenue stream was never real in the first place, same as the 5.1M in distressed debt deal with Joel Natario.
But critics are to blame for all of this. Us critics made the gold disappear from the Doc Watson property, and us critics also made the 5.1M owed to CFGX disappear as well.
Are the critics also to blame for the 1.875 billion worthless shares of CFGX sold to market as well?
Are the critics the recipients of the proceeds from the toxic convertible notes issued by Paul Norat which destroyed the value of the stock upon conversion?
Norat sure has a warped sense of who is to blame.
Perhaps he should look in the mirror. He is to blame for the no bid status of his stock. He has done nothing but scam the market since the inception of this ticker.
NOTHING real ever existed. And that is the critics fault.
Classic. The perp becomes the victim.
The reality is every single thing I have suspected to be complete bullshit has turned out to be complete bullshit indeed.
And I hope those responsible for fleecing the market here are held accountable.
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