Colorado Goldfields Inc. (fka CGFI)

[mecoors]

Not totally true. Guyer and Rice own 92% plus of the B shares, with a 100 to 1 voting advantage. This is how this could play out.

The use class A stock to fund the start up to get everything going. As soon as they have the company on solid ground, the company does a R/S of 30:1, without a vote. They will not be hurt buy this at all in fact they will be better off with the class A back down to around 500M. Price goes up they make out like bandets. I am not saying this is what they are planning, but it could happen.

I say they need to ammend the companys charter to so it will not. Then put out how they plan to buy back and retire the shares.