Colorado Goldfields Inc. (fka CGFI)

[sanbrunobaby]

Thanks. Does bring up some interesting questions about the convertible notes- if they convert at a 35 to 50% discount off the stock price, but have delays in receiving funds, will this effect company's ability to secure convertible financing this year ? Certainly if they did a private placement any buyer would wnat a sizeable discount because of this. I heard of one brokerage firm that charged $1,000 per trade minimum for a non DTC eligible stock. If someone buys stock through broker online, how does it get settled ? I assume through prior DTC balances of stock , does anyone know ? Does this mean stock issued under s8 offering bearing these sort of charges and delays ? So many questions arise for this stock !