Colorado Goldfields Inc. (fka CGFI)

[Zorax]

It would make alot of sence to do a R/S before the merger. That would be alot better for us as long as they lower the A/S at the same time.

mec: Couple of things.

cgfia can use the merger as a form of reverse split.
sierra could be the surviving company with all cgfia common shareholders getting 1 sierra for 1000 cgfia shares. See the R/S there?

Also, a pink sheet sub penny corp doing a reverse split is never a good thing for share holders, ever. But cgfia doesn't need to do a merger to do a reverse split. Just do the split.

Either way, cgfia share holders will be on the losing end of any guyer deal. imo.

gltu