Capital Financial Global Inc (CFGX)

[4on4off]

CEO Update


Friday, October 11, 2013 01:37 AM.

Dear Shareholders:

Let me give you a brief update on what we are doing:

Residential loan portfolio acquisitions. We are presently in the process of negotiating the acquisition of two separate loan portfolios, a $20MM portfolio of performing loans, and another, coincidently also $20MM, but non-performing. Both portfolios will be a home run for the company.

St. Louis Mine. We still have the distressed St. Louis Mine that we picked up as a result of a foreclosure. The price of gold taking a nose-dive hasn’t helped with our plans, but we still feel the mine presents an outstanding opportunity. We are now lining up a core drilling program so we can get a NI 43-101, which will tell us how many ounces we have on the property. Then it’s off to the races with it.

Insurance Lending Pipeline. We are in the process of acquiring life settlements and aggregating them into pools. We are also creating an Insurance Dedicated Fund (IDF) to use with AIG private placement variable life policies, all to be used in our insurance-backed lending programs. We are also using individual life insurance policies as collateral for loans and investments. This area of our business has massive growth potential.

Commercial Real Estate Lending. We are working on getting a warehouse line and a portfolio line that we can use to assemble a loan portfolio backed by commercial real estate. We are also aligning with family offices and hedge funds to begin buying and selling portfolios and individual loans.

Up-listing. We are still in the process of up-listing to OTCQB status, and then ultimately, to either the NYSE or the NASDAQ. We should accomplish both of these targets in 2014.

Go ahead and hit me up if you have more specific questions that I can legally answer and I'll hit you back with a reply. Otherwise, stay tuned for more detailed posts and updates here in this blog and on twitter (@CFGX).

Paul Edward Norat, CEO
Capital Financial Global, Inc.

@CFGX
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