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Looks like more empty promises from a CEO with zero ethics. It is a shame that stocks get manipulated at the whim of the CEOs that only care about themselves. CFGX had promise, but it is looking like those promises were broken by the CEO.
That is some really good DD. Been hearing about BWMG and its breakout today. Looking forward to taking a nice position on Monday. Hopefully, we will see some news soon about potential sales made at the trade show. This is looking like it should take off next week.
Well, my intention was to circumvent Sam as he is not doing anything with BRZL. I'm not sure what you mean by others involved. Can you elaborate?
Anyone know how we can make this happen?
Under MBCA § 7.03(a), if the board does not call an annual meeting within 15 months of the last one, any shareholder can force the company to call a meeting. The board also has to send written notice of each shareholder meeting to every shareholder, usually between 10 and 60 days before the meeting.
http://en.wikibooks.org/wiki/US_Corporate_Law/Shareholders
Don't forget recent preferred shares sold put the target pps @ $.50 Yes, that is 50 cents per share. CFGX
Looks like big things are in store for CFGX. On Friday the CEO annouced that $770k worth of Series B preferred shares were sold. As an investor my first thought was here comes more dilution, but then I looked at the previous filings to see that Series B shares are being sold for $1 each and only convert to 2 common shares.
Essentially, this week someone purchased 1.54 million shares @ .50 each. They did that at a time when the current pps was less than .003. Why would they invest that kind of money if CFGX wasn't going to move significantly higher? With that type of money I think that they will likely start buying up the float themselves to protect their investment. CFGX is going to see a huge upward movement as people realize the target pps is a whole lot more than a penny.
Quote:
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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
.
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http://www.otcmarkets.com/financialReportViewer?symbol=CFGX&id=78445
Don't understand the people that dump into the bid while a stock is running. Just sell at the ask and let momo continue.
HUGE MOVE. Penny coming soon CFGX!!!
3 million on the bid. Lets move this up! CFGX
Probably whoever bought the preferred shares. Should really start to move up as company releases current financials.
Need that 5 million share bid @ .0035 to move up as bid support along with some ask slaps!! CFGX
Why stop there? LOL CFGX
Holy clear skies. Level II is so thin the ask jumped to .0099 for about 30 seconds
.005 is up!! CFGX!!
BMAK moved back to .101. Time to move up!!!
time to take out those .004s!
Looks like big things are in store for CFGX. On Friday the CEO annouced that $770k worth of Series B preferred shares were sold. As an investor my first thought was here comes more dilution, but then I looked at the previous filings to see that Series B shares are being sold for $1 each and only convert to 2 common shares.
Essentially, this week someone purchased 1.54 million shares @ .50 each. They did that at a time when the current pps was less than .003. Why would they invest that kind of money if CFGX wasn't going to move significantly higher? With that type of money I think that they will likely start buying up the float themselves to protect their investment. CFGX is going to see a huge upward movement as people realize the target pps is a whole lot more than a penny.
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
.
Admiral, Is it possible for the shareholders to take control of the shell? Can we vote on the CEO, or any board members so we can make something happen here?
I don't know what the end game is for all the outside manipulation, but it is very strange to me that someone would take the time to put out a fake 8k over 12 hours before trading starts the next day. I don't think that the intention was to get people to buy the next morning. There is simply too much time for people to realize it is a fake. Nobody will be buying this morning because of that. More likely people will sell because they feel like STKO itself is a scam.
So either this person/group isn't very smart, or they want the pps to go down. So the question is why?
The gap is filled and TBX mess is behind us. Should see upward movement today.
Well, I guess I'm not going to get any more in the .002s
STKO is at every interval in the Buzz cloud. Should start to bring in new investors as we continue to move up.
http://investorshub.advfn.com/boards/tcloud2.aspx?i=24
.003 is up! This will look real nice if we can break through it.
Wow, what a day. Is it possible STKO is about to launch a new product soon? Any news would send this straight up!
Recent filings seem to indicate that there may be private placements on the way with the addition of authorized preferred shares. Plus they've added a Stock incentive plan for their employees. Setting up for big things to happen for STKO!
probably a while. The Criminal was ousted a while ago
The pps has zero impact on the company. What is important is what the company is doing in regards to revenue and profit. This is not a short term play. You cannot look at the pps each and every day and be concerned about what is going on. Come back in 3-5 years and you will see that the value of the company is 5-10x what it is now. The pharma industry moves slowly, it is the nature of the business. Learn it and be comfortable in what you've invested in.
Please explain how the day to day movement of the pps has any relation to the company's future value.
I guess Renfro will need to move on to something new again. I've often wondered what he does all day. He obviously hasn't worked in years. Does he just live off of the few sub penny shares he sells each week?
I'm assuming that the SEC wanted more information about the "Hong Kong Customer" and that is why ELTP had to file a CT. They probably didn't like the vagueness in the language and asked for more information, correct?
You can still watch for entertainment purposes!
Going to be a lot of angry creditors if they can't dump their 1.6 billion shares.
Seems strange that FXPT was halted because of PRs. They really never did much. Even the BS Venezuela PR didn't get much interest. It also seems unlikely that the SEC would really have anything that would stick. Hard to prove that they weren't interested in doing a deal, which is all the PR really said. I expect that they'll continue to let FXPT to trade, and then they can get on with whatever promo they have planned to sell all those shares.
From what I can see there were two sentences added to the ammended 10k.
The Hong Kong-based Customer has informed us that it has been in business for more than five years and it has multiple FDA approved manufacturing sites outside of the United States.
Please refer to the Current Report on Form 8-K filed on March 22, 2012 in relation to the D&L Agreement, with such filings being herein incorporated by reference.
Fox Petroleum, Inc. is a Nevada corporation based in New York. Questions have
arisen concerning the adequacy and accuracy of press releases concerning the
company’s operations.
Very exciting. Did they get 5 barrels of oil out of the ground this month instead of the usual 4???
Not a conspiracy against ELTP, but there is a lot of money in keeping people on their meds.
http://www.nytimes.com/2011/09/01/us/01drugs.html?pagewanted=all
No worries. Although, now we know that the way to avoid paying taxes is to never sell.
Nice to see the bid stacking...