Attached files
Exhibit
31.1
CERTIFICATION OF
CHIEF
EXECUTIVE OFFICER
PURSUANT
TO
18
U.S.C. SECTION 1350,
AS
ADOPTED PURSUANT TO SECTION 302 OF THE
SARBANES-OXLEY
ACT OF 2002
I,
Jonathan Carlson, certify that:
1.
I have reviewed
this Form 10-Q of Capital Financial Holdings, Inc. (the
"Company");
2.
Based on my
knowledge, this report does not contain any untrue statement of a
material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such
statements were made, not misleading with respect to the period
covered by this report;
3.
Based on my
knowledge, the financial statements, and other financial
information included in this report, fairly present in all material
respects the financial condition, results of operations and cash
flows of the small business issuer as of, and for, the periods
present in this report;
4.
The small business
issuers other certifying officer(s) and I are responsible for
establishing and maintaining disclosure controls and procedures (as
defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal
control over financial reporting (as defined in Exchange Act Rules
13-a-15(f) and 15d-15(f)) for the small business issuer and
have:
(a) Designed
such disclosure controls and procedures, or caused such disclosure
controls and procedures to be designed under our supervision, to
ensure that material information relating to the small business
issuer, including its consolidated subsidiaries, is made known to
us by others within those entities, particularly during the period
in which this report is being prepared;
(b) Designed
such internal control over financial reporting, or caused such
internal control over financial reporting to be designed under our
supervision, to provide reasonable assurance regarding the
reliability of financial reporting and the preparation of financial
statements for external purposes in accordance with generally
accepted accounting principles;
(c) Evaluated
the effectiveness of the small business issuer's disclosure
controls and procedures and presented in this report our
conclusions about the effectiveness of the disclosure controls and
procedures, as of the end of the period covered by this report
based on such evaluation; and
(d) Disclosed
in this report any change in the small business issuer's internal
control over financing reporting that occurred during the small
business issuer's most recent fiscal quarter (the small business
issuer's fourth fiscal quarter in the case of an annual report)
that has materially affected, or is reasonably likely to materially
affect, the small business issuer's internal control over financial
reporting; and
5.
The small business
issuer's other certifying officer(s) and I have disclosed, based on
our most recent evaluation of internal control over financial
reporting, to the small business issuer's auditors and the audit
committee of the small business issuer's board of directors (or
persons performing the equivalent functions):
(a) All
significant deficiencies and material weaknesses in the design or
operation of internal control over financial reporting which are
reasonable likely to adversely affect the small business issuer's
ability to record, process, summarize and report financial
information; and
(b) Any
fraud, whether or not material, that involved management or other
employees who have a significant role in the small business
issuer's internal control over financial reporting.
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Capital
Financial Holdings, Inc.
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Dated:
November 10, 2016 |
By:
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/s/
Jonathan
Carlson
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Jonathan Carlson |
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