Colorado Goldfields Inc. (fka CGFI)

[sanbrunobaby]

I think important to point out that management claimed the first reverse would strengthen the company. It did not so then another reverse split done because first one didnt work. I do not see any indication the second one will succeed any better.

This is part of a pattern of management putting out press releases, promotional material, etc that not only is misleading and often untimely,but simply hasnt worked.

This strengthens the view that the company managementif not incompetent is aware their financing strategy hasnt been working with the exception of enriching those who have been receiving the stock.I could understand management doing one reverse but then switching gears as to how they plan and manage business. But to do a second reverse, to contnue doing the same thing with same results doesnt bode well for any future shareholders.