Digipath
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, doncamel, Huggy Bear, Cimmerian, Rvn4nt, Marlopsi
Search This Board: 
Last Post: 12/18/2018 7:31:44 AM - Followers: 392 - Board type: Free - Posts Today: 2

 

Capital Financial Global (CFGX)



COMPANY WEBSITE
 






   A/S  Per Nev SOS   = 3,000,000,000 a/o May 23, 2017

A/S (Common) Nev SOS    = 2,850,000,000 a/o May 23, 2017
    
     O/S OTC MARKETS = 1,786,275,316 a/o Apr 28, 2017 


Float  Per OTC Markets  = 1,384,830,299 a/o Sep 30, 2016

 

COMPANY INFO

COMPANY FILINGS

NEVADA SOS ENTITY ACTIONS

CEO COMMENTARY

TWITTER FEED



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


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

Capital Financial Global Announces Letter of Intent for Possible Life Settlement Transaction

FOR IMMEDIATE RELEASE

SALT LAKE CITY, UT–(March 24, 2017) – Capital Financial Global, Inc. (OTC Pink: CFGX), announced today that it has signed a Letter of Intent to enter into a possible arrangement involving the potential acquisition of cash flows derived from the death benefit payouts from various portfolios of senior life settlement policies.

“This marks a clear path to our going-forward business model,” said Paul Edward Norat, CEO of Capital Financial Global, Inc. “We expect big things to come as a result of this agreement. We plan to fundamentally change how the life settlement industry accesses the capital markets.”

The completion of the foregoing transactions are subject to the negotiation of complex, multi-party definitive agreements; the satisfactory review by each party of the business and financial condition of other parties; each party’s analysis of the ability of each other party to perform its commercial obligations; the accuracy of representations and warranties and the satisfaction of conditions that will be included in the definitive agreements; compliance with regulatory matters; the approval of certain legal matters; and various other matters not currently identified.  Our ability to participate as proposed in these transactions is dependent on our ability to obtain third party credit enhancements to support debt offerings; our ability to obtain the necessary funding that we will be obligated to provide; our ability to recruit and retain experienced financial and insurance executives to become a credible participant and manage our contractual obligations; our ability to prepare updated financial statements, obtain audits, and prepare regulatory filings; the registration of our common stock under the Securities Exchange Act of 1934 and meet ongoing periodic reporting obligations; the development of a viable trading market in our securities; and other factors.  Many of the foregoing are outside our control or influence.  We cannot assure that the necessary definitive agreements will be negotiated and signed, that we will be able to perform our contractual obligations, or that, if we do, we will derive revenues therefrom.More definitive details will be released as the various components of the Letter of Intent become solidified.
 

A copy of the Letter of Intent can be review here: LOI Details

The Company plans to release an updated plan of operations in the weeks to come.

Disclosures can be found on the Company’s website: Company filings and its online disclosure portal at: OTC Markets

 

 

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.

Coporate Governance

 


 


 

 




 

 









 










 

Digipath
CFGX
Current Price
Volume:
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
PlusOneCoin Top Posts
No plusone'd posts yet. Be the first!
PostSubject
#42206  Sticky Note Isn’t that the note that secures the credit doncamel 12/02/18 01:09:57 PM
#42170  Sticky Note Has everyone seen this Norat/CFGX piece? waterchaser 12/01/18 04:03:17 PM
#40539  Sticky Note Update from the company in Twitter and Facebook Cimmerian 10/12/18 05:22:46 PM
#39601  Sticky Note CFGX is Pink Current now: https://www.otcmarkets.com/stock/cfgx/profile Cimmerian 10/08/18 02:15:37 AM
#31310  Sticky Note Here we go, again. Huggy Bear 02/15/16 05:58:33 PM
#42476   .0009 was the peak , that was the nicoausto 12/18/18 07:31:44 AM
#42475   Its a shame you try to mislead people. oilin07 12/18/18 03:34:25 AM
#42474   When is the reverse split? Huggy Bear 12/17/18 07:23:07 PM
#42471   Triple zeros will be a thing of the past oilin07 12/17/18 05:21:18 PM
#42469   Yep. Looks that way WC. I hope you sjoseph 12/17/18 05:03:24 PM
#42468   Norat will not be releasing anything verifiable and waterchaser 12/17/18 04:48:18 PM
#42467   Norat hopefully will be implementing a well-executed press oilin07 12/17/18 04:42:37 PM
#42466   A massive move in the stock price is oilin07 12/17/18 04:40:50 PM
#42465   Just buy few other stocks so the wait Gutts2318 12/17/18 11:34:26 AM
#42464   I like the way Norat communicates with shareholders. sjoseph 12/17/18 11:00:41 AM
#42463   Another no update week coming up. :-) sjoseph 12/17/18 08:55:59 AM
#42462   Definitely. multiple pennies very possible oilin07 12/17/18 03:49:21 AM
#42461   Nice target WC.:-D sjoseph 12/16/18 08:52:03 PM
#42460   CFGX Targets ~ .0001 and No Bid. waterchaser 12/16/18 08:31:36 PM
#42459   No only will drop a "0" but possible STOCKPRO72 12/16/18 08:23:58 PM
#42458   Dont miss out oilin07 12/16/18 06:51:53 PM
#42457   Could happen next week if Rat Keeps this up. sjoseph 12/16/18 05:07:24 PM
#42456   Starting to believe you, WC. apollo44 12/16/18 04:33:44 PM
#42455   CFGX Targets ~ .0001 and No Bid. waterchaser 12/16/18 04:33:00 PM
#42454   When news comes, with this share structure sky oilin07 12/16/18 04:30:31 PM
#42453   Norat works out of a banker’s box. waterchaser 12/16/18 04:28:59 PM
#42452   multi million dollar credit facility will facilitate a oilin07 12/16/18 04:27:54 PM
#42451   Norat works out of a banker’s box. waterchaser 12/16/18 04:18:20 PM
#42450   Norat working behind the scenes should hear something soon! oilin07 12/16/18 04:17:11 PM
#42447   There will be no CFGX “run”. waterchaser 12/16/18 01:48:46 PM
#42446   The run here is going to be humongous oilin07 12/16/18 01:03:03 PM
#42445   The good news is that this is norat's nicoausto 12/16/18 11:34:21 AM
#42444   No insider. Just follow twitter “tweets replies!” Following Boro333 12/15/18 11:20:15 PM
#42442   Insider information? Oh great. Huggy Bear 12/15/18 08:16:38 PM
#42441   I agree with "will be one for the oilin07 12/15/18 08:10:47 PM
#42440   I am!! Norat will come through big-time! oilin07 12/15/18 07:06:28 PM
#42439   I see some new faces around. Lots of doncamel 12/15/18 06:57:42 PM
#42438   It's a secret. We'll all clue you in gimmeMYcash 12/15/18 06:02:31 PM
#42437   Please share. What’s “going on behind the scenes”? Thanks. waterchaser 12/15/18 05:04:56 PM
#42436   Yes it is. Quietly keep buying! A friend Boro333 12/15/18 04:58:14 PM
#42435   There is a lot going on behind the oilin07 12/15/18 04:54:21 PM
#42434   There is absolutely nothing here except another promotion Huggy Bear 12/15/18 02:54:23 PM
#42433   Me too! Boro333 12/15/18 07:48:05 AM
#42432   I am bidding at 2s, what a gift Phyxius 12/14/18 11:08:42 PM
#42431   gonna be pretty big oilin07 12/14/18 09:13:37 PM
#42430   There’s some very interesting things starting here for ///M3 12/14/18 09:07:54 PM
#42429   Yes, currently a scam. Norat has zero intentions waterchaser 12/14/18 08:52:53 PM
#42428   We are current oilin07 12/14/18 08:50:15 PM
#42427   Current with whom? Being current with the OTCM Zorax 12/14/18 07:59:03 PM
#42425   Scam nicoausto 12/14/18 12:59:43 PM
#42423   Obviously we are current Rvn4nt 12/14/18 12:41:16 PM
#42422   Does anyone know if we are still current? N.A.T. 12/14/18 11:22:29 AM
#42421   Let me know where I can find that whoiswho 12/14/18 09:59:53 AM
#42420   I'm mobile currently. But that Huggy Bear 12/14/18 09:15:25 AM
#42419   yes, I would like to see them as whoiswho 12/14/18 08:50:38 AM
PostSubject