why orfg will not see higher price and will go down.. read Q1 financials.. now float 303 million.. they converted all the stocks at .001 whoever got those shares they are making friggin amount of money... investors will be cheezed!!,it smells of cheese and the jersey boy..... those promoters making huge money .. they are converting at .001 maybe share structure now over 350 million..!!!! run!
Shares Amount Paid in capital Translation adjustments Retained deficit Total Equity Shares issued to founders on April 12, 2005 at $0.0001 per share 60,000,000 60,000 $ (59,000) $ - $ - $ (59,000) $ Net (Loss) for period ending May 31, 2006 - - - - (800) (800) Balance, May 31, 2006 60,000,000 60,000 $ (59,000) $ - $ (800) $ (59,800) $ Net (Loss) for period ending May 31, 2007 - - - - (200) (200) Balance, May 31, 2007 60,000,000 60,000 $ (59,000) $ (1,000) $ - $ Contributed Capital - - 7,500 - - 7,500 Translation Adjustments for period ending May 31,2008 - - - (111) (111) Net (Loss) for period ending May 31, 2008 - - - (39,779) (39,779) Balance, May 31, 2008 60,000,000 60,000 $ (51,500) $ (111) $ (40,779) $ (32,390) $ Translation Adjustments for period ending May 31,2009 - - - 947 947 Net (Loss) for the period ending May 31, 2009 - - - - (33,887) (33,887) Balance, May 31, 2009 60,000,000 60,000 $ (51,500) $ 836 $ (74,666) $ (65,330) $ Contributed Capital - - 1,967 - - 1,967 Net (Loss) for the period ending May 31, 2010 - - - - (526,532) (526,532) Balance, May 31, 2010 60,000,000 60,000 $ (49,533) $ 836 $ (601,198) $ (589,895) Shares issued in settlement of debt 10,200,000 10,200 163,800 - - 174,000 Shares issued for convertible debt 46,450,000 46,450 301,925 - - 348,375 Warrants issued - - 500,000 - - 500,000 Shares issued for mineral concessions 24,000,000 24,000 336,000 - - 360,000 Net (Loss) for the period ending May 31, 2011 - - - - (1,600,018) (1,600,018) Balance, May 31, 2011 140,650,000 140,650 $ 1,252,192 $ 836 $ (2,201,216) $ (807,538) $ Shares issued for convertible debt 3,250,000 3,250 21,125 - - 24,375 Net (Loss) for the period ending May 31, 2012 - - - - (840,726) (840,726) Balance, May 31, 2012 143,900,000 143,900 $ 1,273,317 $ 836 $ (3,041,942) $ (1,623,889) $ Shares issued for convertible debt 101,500,000 101,500 659,750 - - 761,250 Net (Loss) for the period ending May 31, 2013 - - - - (736,744) (736,744) Balance, May 31, 2013 245,400,000 245,400 $ 1,933,067 $ 836 $ (3,778,686) $ (1,599,383) $ Shares issued for convertible debt 58,000,000 58,000 87,000 - - 145,000 Net (Loss) for the period ending February 28, 2014 - - - - (501,362) (501,362) Balance, February 28, 2014 303,400,000 303,400 $ 2,020,067 $ 836 $