Wally Ericksen has said that
CGFI's progress is moving along at a pace that shows little fervor.
Assays were supposedly submitted over a year ago and nothing has been forthcoming. Furthermore, the recent 5000:1 R/S was touted as a solution to the monstrous share dilemma driving down pps. Only to be followed by a 1 Billion increase in A/S.
Throw in lack of communication to invester, years of no productivity at invester expense, generous employee compensation plans that are constantly updated and the neverending SEC regulation excuses.
I agree 100%.
Class Action Lawsuit written all over it.
However, I'd say the next excuse is the last excuse. I concur with Mou10mn and would wait until turn of year before moving forward with legal action.
Likely foolish but giving benefit of doubt one more time.