Pump Your Stock~Make It Grow

[SupaMario910]

CFGX (.02) 100 million in assets-next big runner IMO

On August 13, 2010, the Company entered into a stock purchase agreement with National Gold, Inc. (NGI) as part of a secured financing arrangement wherein the Company exchanged 10,000,000 restricted shares of its common stock for 100,000 shares of NGI’s class B stock (CUSIP 63624H 106; ISIN US63624H 1068), which have a par value of $1,000.00 per share and are redeemable after February 13, 2011 for one troy ounce of refined gold bullion per share.

http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=47879


As of December 31, 2010:
A. The Company had assets of $101,551,946 consisting of cash, and cash equivalent reserves of $944,147, accounts receivable of $7,799, loans held for sale of $500,000, derivative securities related the NGI transaction for $100,000,000, approximately $8,000 in equipment, $92,000 in goodwill related the Capital Financial Services, Inc. acquisition. For more information please see the Company’s “Consolidated Statements of Financial Condition.”

http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=47879

Stockholders' equity
Preferred stock
Series A, $0.001 par value, 100 authorized, 100 issued and outstanding 0.1
as of December 31 2010
Series B, $0.001 par value, 20,000,000 authorized, 1,000,000 issued 1,000
and outstanding as of Decebmer 31 2010
Common stock, $0.001 par value, 200,000,000 shares authorized,
issued and outstanding, 70,987,260 as of Q4 2010 70,987
Additional paid-in capital (see note 4.9) 103,255,529
Retained Earnings (5,621,652)
Net Income (Loss) (76,417)
Total stockholders’ equity 97,629,447
Total liabilities and stockholders’ equity 101,551,945

http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=47815


Restricted/Insider holdings
National Gold, Inc. (10,000,000 shares)
Chase Chandler (6,000,000 shares)
Callie Tempest Jones (6,000,000 shares)
David M. Rees (6,000,000 shares)
Capital Financial Services, Inc. (5,000,000 shares)
Cunningham Adams Small Cap Funds (5,000,000 shares)
Tillerman Securities, Ltd. (5,000,000 shares)
Mitch Cohen (4,655,278 shares)
Harry Singer (4,000,000 shares)
Adrian Harvey (3,947,996 shares)
Chad Bawden (3,875,001 shares)

http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=47879

Shares Outstanding 77,687,260 a/o May 23, 2011
Float 11,389,171 a/o May 23, 2011
Authorized Shares 500,000,000 a/o May 23, 2011

http://www.otcmarkets.com/stock/CFGX/company-info

101.5M divided by 77M shares O/S=$1.31 book value

I'd say this one is HUGELY UNDERVALUED @ .02 cents!!