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Friday, November 28, 2014 9:32:36 AM
CFGX has never had any fundamental value whatsoever. The terms of this LOI speak for themselves as ludicrous. No one would give CFGX 15% of the spot price of gold for nothing of value in return.
The value is in the preferred shares to be converted and sold into the market, but these shares have no value except for trading according to the Greater Fool Theory.
CFGX is a traders scam to lure in sheep to shear.
Norat has not even filed Q3 yet. Cannot wait to see how he explains how all the earlier projections in the year have failed to materialize, at best. Let's call a history of failure to follow thru on every single company projection since inception complete ineptitude in the best case scenario.
I call it recidivist fraud.
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