Can Capital Financial Global (CFGX) Keep Up The Bull?

CFGX Stock, Capital Financial Global Inc. , Deer Valley Management LLCWithin 30 minutes of yesterday’s opening bell, we alerted to some of our VIP followers that last week’s accumulation of Capital Financial Global, Inc. (CFGX) was about to pay off in a big way. The news announcement that the poorly run specialty finance company had closed the deal on $5.6 million of debt in Gold Rush Refiners, LLC in exchange for $2 million worth of the Company’s Series B Preferred Stock was about as useful as a bag of sand in the desert. No, what was useful was seeing that, after spike we saw on CFGX stock last month, the likelihood that Deer Valley Management, LLC was finally done dumping shares would make for an easy way to make a quick buck or two.

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CFGX, CFGX Stock, Capital Financial Global Inc., Deer Valley Management LLC, Paul Edward Norat,CFGX Stock Quote

Market Cap: 15.66M
Last: 0.0043 ▲ +0.0029 (+207.14%)
Volume: 177,462,376
Dollar Volume: $540,179
Open: 0.0018
High: 0.005
Low: 0.0016
Trades: 723
Authorized: 2,000,000,000
Issued and Outstanding: 364,187,258
Deer Valley Management, LLC: 104,500,000
14-Day Rel Strength: 83.58%
1st Resistance Point: 0.0057
1st Support Level: 0.0023

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Capital Global Financial hit our radar screens in July, 2013 when the company announced plans to uplist from the Pink Sheets (OTCPINK) to the OTC Bulletin Board (OTCBB). It’s a rare event for any pink sheet listed company that hasn’t yet been able to produce positive cash flows from operations to suddenly uplist which can only mean that Paul Edward Norat, CEO of Capital Financial Global, had but one intention – to PR pump CFGX stock.

While the uplisting has not occurred for CFGX, looking into their financial statements filed after the announcement was necessary to see where this financing company was headed. Well, negative revenues for the 3 and 9 months ended September 30, 2013, ($94,222) and ($26,899) was about as far as anyone would have gone. However, there was some supplemental filings which needed to be checked to see how they managed to stay afloat since issued and outstanding shares increased 50,000,000.

Yesterday’s bullish break out on the penny stock of Capital Financial Global was an event we have been waiting for since reading their filings for the 9 months ended September 30, 2013. We noticed that 104,500,000 shares of CFGX stock had been sold between July 24, 2013 and October 29, 2013 to none other than Deer Valley Management, LLC.

We first stumbled across Deer Valley Management (“DVM”) and their involvement in pump and dumps back when SMA was ending their campaign of Santo Mining Corp. (SANP) campaign. Shortly after the huge SANP stock dump, Deer Valley agreed to lend $5,000,000 to the Dominican Republic focused mining company in exchange for a 22.5% discount. SANP was already tumbling, but was able to get taken down even further shortly after DVM got involved.

Deer Valley Management also came up in January, 2013 when they agreed to throw another $5,000,000 at Gold and GemStone Mining Inc. (GGSM) which also called for shares to be sold at a 22.5% discount. From the time they got involved, GGSM stock did one thing for the next 2 months – COLLAPSE.

Also during January, 2013, DVM threw $15,000,000 at Lone Star Gold, Inc. (LSTG), one of the longest running repumps since their initial campaign back in late 2011. LSTG stock began 2013 at 0.03 and rose to 0.16 within a week before getting crushed into dust to churn from February to April between 0.06 and 0.04 and then between 0.04 and 0.03 from May to September.

There are a number of other penny stocks which have dumped bigtime that DVM has been involved with. A simple scan of SEC filings will reveal those which many traders have already played atleast once. So, without having seen how many more shares of CFGX stock DVM was able to acquire at around 0.01 from October 30, 2013 onward, it’s hard to think yesterday’s candle wick isn’t about to get lit up and flame all of yesterday’s gains into ashes.

CFGX, CFGX Stock, Capital Financial Global Inc., Deer Valley Management LLC, Paul Edward Norat,

About CFGX Stock

Capital Financial Global, Inc. is a development stage, specialty finance company that provides asset-backed financing and loan advisory services to insurance trusts & pension funds, owners of commercial real estate, owners of residential real estate pools, and owners of mining & precious metals assets.

Click here to view the financial filings for CFGX.
Click here to view the website for Capital Financial Global

Last 5 Trading Sessions:

Date Open High Low Last Change % Change Volume
03/18/14 0.0018 0.0050 0.0016 0.0043 +0.0029 +207.14% 177,462,313
03/17/14 0.0013 0.0015 0.0013 0.0014 +0.0001 +7.69% 10,420,601
03/14/14 0.0018 0.0018 0.0012 0.0013 -0.0004 -23.53% 21,238,301
03/13/14 0.0020 0.0020 0.0014 0.0017 -0.0001 -5.56% 20,649,500
03/12/14 0.0016 0.0019 0.0012 0.0018 +0.0003 +20.00% 36,545,000


Bottom Line:

The AimHighProfits followers that flipped CFGX stock from 0.0015 are gonna be watching today to maybe get back in on the dip which is likely to occur. One thing you can see from the way other penny stocks Deer Valley Management LLC has gotten involved with is that any momentum is short lived and trip-zeroes is where the share price will be when it’s all said and done.

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