Colorado Goldfields Inc. (fka CGFI)

[sanbrunobaby]

My response about the poor management issue was in specific reference to the reverse split, simply that in itself not illegal, and two reverse splits in a short period just an indication of poor management.

Stopping people buying the stock due to misleading press releases and website can be done fairly quickly by the SEC engineering office looking at their press releases and website, in my opinion.One comment letter - which SEC can file on their edgar site- I think would stop their press release engine cold.I have consistently held the view that their press releases this year are out of line.

As far as investigating other actions whether the whole class B issue,or possible issue involving the 144 filings, or the decrease in authorized shares then 1 day later increasing authorized shares,may be issues as well. So I am not agreeing or disageeing ,I just dont know. I think there are some strange things about this stock- for example, the CGO has a second on the mill, supposedly from money he lent the company ? Did he actually lend the money, or was this some sort of round-about compensation ? Were any s8 shares sold by officers but not reflected in form 4 filings ?

So I guess how long until the company de-registers the next question ! Just seems to get worse and worse.