Saturday, October 13, 2012 1:37:47 PM
re;
$770K series B preferred shares sold, think this has a pulse after all. Don't know who the investor is yet, but they must have confidence to do this.Series B go for $1 each and are convertible to common @ a 2:1 ratio.Understand preferred get paid before common in liquidation but this is very risky in this circumstance and a very good sign.
imo
==========================
CEO Update: Sold $770,000 in Preferred Shares
Friday, October 12, 2012 10:59 PM
.
We sold another $770,000 worth of our Series B Preferred Shares this week. While this isn't a massive amount of money, it gives us some capital that we can loan back out and generate some fees and interest spread revenues.
Paul Edward Norat, CEO
Capital Financial Global, Inc.
http://www.capfiglobal.com/investor-center/ceo-blog
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM
ECGI Holdings Announces LOI to Acquire Pacific Saddlery to Capitalize on $12.72 Billion Market Potential • ECGI • Jun 13, 2024 9:50 AM
Fifty 1 Labs, Inc. Announces Major Strategic Advancements and Shareholder Updates • CAFI • Jun 13, 2024 8:45 AM