Replies to post #53970 on Colorado Goldfields Inc. (fka CGFI)

[CJGross]

Guess that CGFIA Armada count is more like a CGFIA Dingy Count now haha

[impact58]

I know MT - just venting !

[blue dog]

While Guyer is in the same boat in that he holds lots of current shares, he also is in a different boat in that he can get paid anything reasonable in new shares. Hopefully, CGFIA will not re-dilute post-R/S. If it does, current shares become worthless. If it does not, then current shares retain their value. One hopeful sign is that CGFIA has reverse split not only the O/S but also the A/S. So dilution up to 7 million post-R/S is the same as the pre-R/S dilution we were seeing up to 35 billion. Only if CGFIA expands the post-R/S A/S beyond 7 million will current shareholders be shortchanged.

I know I won't change your mind, impact, but Guyer is in the same boat as we are.
He is not collecting a salary, and has had no compensation since 2009. So I don't see him benefiting by this situation. His shares are subject to the same restructuring as ours are.
He has much more to lose if the company fails, and everything to gain to see CGFI become successful.

The dollar value of your stock is the same today as it was yesterday. Only now there is a plan to break out of the triple zero trend that was sucking the life out of the company and try to break the DTCC chill.
JMHO, and I wish everyone good luck.
$CGFIA

Fingers crossed...