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I want to invest in CFGX but can't find proof of any income.
Seriously, I've looked and looked but can only find talk of deals being made and the only sources are on their website. This company says they have deals in the millions but I can't track a single dollar. Isn't that weird? Show me $1 and I'm sold.
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RE: "The "million dollar sack of ore" is a super sack of ore which is common in mining. "
"Super sacks" are common to some forms of mining like gypsum, sand, and some gravels. Hardly used at all in hard rock mining. Nobody has million dollar sacks of gold concentrate lying around while the company goes broke.
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When someone uses pretty graphs and bold letters I almost feel like I have to buy. HAHA
Those are pretty charts.
Do you have one that shows how much this company has earned?
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Dipped to a new low of .0001 , but at least there's still a bid. Way to stay positive!
Is this the week CFGX drops to .0001?
Probably so. Nobody is dumb enough to believe all the silence means something really big is in the works.
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Norat doesn't even seem to be trying anymore with news pumps and shares are getting dumped by the millions. Don't be the last guy holding. Get your money out while you can.
Busting them open has been fun, so I'm a bit saddened to see CFGX coming to a close.
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The IRS proposed $83,066.27 of recovery penalties.
New documents and motions are often filed in fast pace until it is scheduled for trial. Once scheduled for trial nothing happens while plaintiff and defendant are allowed time to prepare for the case. It's very rare that a case is heard within a year.
In some jurisdictions you have to wait a year even for a small claims court hearing. According to the current court documents this case was just scheduled in Feb. 2013. No conclusion has been added to the record and actions are still pending.
Also, I'm sure Norat wishes it was, but this is hardly a private matter. Between February and April, 2012, the IRS proposed Trust Fund Recovery Penalties (“TFRP”) assessments of $83,066.27 on Norat. It's public record.
Read more about what the IRS accused him of doing.
http://www.irs.gov/Businesses/Small-Businesses-%26-Self-Employed/Employment-Taxes-and-the-Trust-Fund-Recovery-Penalty-TFRP
Paul Norat is suing the IRS to recover taxes.
http://dockets.justia.com/docket/utah/utdce/2:2012cv01056/86884/
This case is scheduled to be heard and is awaiting trial.
http://www.rfcexpress.com/lawsuits/taxes/utah-district-court/120826/paul-norat-v-usa/official-court-documents/
Few more details by member playitleo42:
http://investorshub.advfn.com/boards/replies.aspx?msg=107487758
Has Norat's lawsuit with the IRS been resolved?
http://www.rfcexpress.com/lawsuits/taxes/utah-district-court/120826/paul-norat-v-usa/official-court-documents/
Norat tried to recover taxes from the IRS, but I'm wondering if it backfired on him. When you might be shady you definitely don't want to pick a fight with the IRS.
If I were a potential new investor, it would worry me that there are accusations of fraud, but what would worry me more is there is absolutely no proof of earnings, no proof of any completed deals, and no proof of concept.
Merry Christmas!
Still waiting for an answer on this:
If this is such a legitimate company, name a single deal that has earned a single dollar?
Someone, please answer this simple question.
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It's probably a shared office or a UPS store. HAHA
New low! .0002! News is coming next week! Don't go away! HAHA
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I think I'll switch camps. Go CFGX! LOL
I can't even say it without feeling like a deliberate idiot.
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Zero volume today. Not a single sucker.
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How much longer should we wait for news?
What is a reasonable amount of time before we start to assume nothing will happen or someone is just stalling?
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