Colorado Goldfields Inc. (fka CGFI)

[davidio]

Can anyone logically explain a sale of 50 million shares for .0001?
Where is the profit to be made? No where.
This is an exchange between 2 bottom feeding, scum sucking MM's with no trade commission expense or CGFIA dumping shares into the market for operating cash? I know it's only $5000.....but day after day it's these 15 mil, 19 mil, 25 mil, 50 mil sells at .0001 that keep this PPS down & it adds up after awhile.
It's this kind of crap that if Guyer's not doing it...he should be complaining about it to the SEC.
Who says these shares actually exist?
Someone explain this to me if you can........& in layman's terms please.