SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Tangiers Capital, LLC
(Last) (First) (Middle)
402 W. BROADWAY, SUITE 400
(Street)
SAN DIEGO CA 92101
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
INTEGRATED FREIGHT Corp [ IFCR.OB ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
12/31/2009
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/01/2011 J(1) 500,000 A $0 0 D
Common Stock 01/06/2011 S 717 D $0.85 0 D
Common Stock 01/21/2011 S 100 D $0.73 0 D
Common Stock 02/02/2011 S 1,000 D $0.78 0 D
Common Stock 02/17/2011 S 900 D $0.73 0 D
Common Stock 02/18/2011 S 1,820 D $0.75 0 D
Common Stock 02/22/2011 S 10,680 D $0.77 0 D
Common Stock 03/02/2011 P 5,000 A $0.35 0 D
Common Stock 03/17/2011 J(1) 100,000 A $0 0 D
Common Stock 03/23/2011 J(2) 300,000 A $0 0 D
Common Stock 05/13/2011 J(1) 116,000 A $0 4,601,692(3) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Warrant 12-31-09 (right to buy) $0.5 12/31/2009 P 5,480 12/31/2009 12/31/2014 Common Stock 5,480 $0.5 0 I By Managing Member
Warrant 01-08-10 (right to buy) $0.5 01/08/2010 P 66,000 01/08/2010 01/08/2015 Common Stock 66,000 $0.5 0 D
Warrant 01-12-10 (right to buy) $0.5 01/12/2010 P 7,000 01/12/2010 01/12/2015 Common Stock 7,000 $0.5 0 I By Managing Member
Warrant 02-04-10 (right to buy) $0.5 02/04/2010 P 6,549 02/04/2010 02/04/2015 Common Stock 6,549 $0.5 0 D
Warrant 02-17-10 (right to buy) $0.5 02/17/2010 P 11,600 02/17/2010 02/17/2015 Common Stock 11,600 $0.5 0 I By Managing Member
Warrant 02-19-10 (right to buy) $0.5 02/19/2010 P 7,500 02/19/2010 02/19/2015 Common Stock 7,500 $0.5 0 I By Managing Member
Warrant 03-03-10 (right to buy) $0.5 03/03/2010 P 16,000 03/03/2010 03/03/2015 Common Stock 16,000 $0.5 0 D
Warrant 03-12-10 (right to buy) $0.5 03/02/2010 P 15,000 03/12/2010 03/12/2015 Common Stock 15,000 $0.5 0 D
Warrant 03-19-10 (right to buy) $0.5 03/19/2010 P 75,000 03/19/2010 03/19/2015 Common Stock 75,000 $0.5 0 D
Warrant 03-22-10 (right to buy) $0.5 03/22/2010 P 7,500 03/22/2010 03/22/2015 Common Stock 7,500 $0.5 0 I By Managing Member
Warrant 03-26-10 (right to buy) $0.5 03/26/2010 P 2,000 03/26/2010 03/26/2015 Common Stock 2,000 $0.5 0 I By Managing Member
Warrant 03-31-10 (right to buy) $0.5 03/31/2010 P 4,575 03/31/2010 03/31/2015 Common Stock 4,575 $0.5 0 I By Managing Member
Warrant 05-26-10 (right to buy) $0.5 05/26/2010 P 1,000 05/26/2010 05/26/2015 Common Stock 1,000 $0.5 0 I By Managing Member
Warrant 05-28-10 (right to buy) $0.5 05/28/2010 P 39,500 05/28/2010 05/28/2015 Common Stock 39,500 $0.5 0 D
Warrant 06-08-10 (right to buy) $0.5 06/08/2010 P 75,000 06/08/2010 06/08/2015 Common Stock 75,000 $0.5 0 D
Warrant 07-13-10 (right to buy) $0.5 07/13/2010 P 25,000 07/13/2010 07/13/2015 Common Stock 25,000 $0.5 0 D
Warrant 07-15-10 (right to buy) $0.4 07/15/2010 P 22,500 07/15/2010 07/15/2015 Common Stock 22,500 $0.4 0 I By Managing Member
Warrant 08-16-10 (right to buy) $0.3 08/16/2010 P 10,000 08/16/2010 08/16/2015 Common Stock 10,000 $0.3 0 D
Warrant 08-30-10 (right to buy) $0.3 08/30/2010 P 26,000 08/30/2010 08/30/2015 Common Stock 26,000 $0.3 0 D
Warrant 09-10-10 (right to buy) $0.4 09/10/2010 P 30,000 09/10/2010 09/10/2015 Common Stock 30,000 $0.4 0 D
Warrant 09-17-10 (right to buy) $0.5 09/17/2010 P 25,000 09/17/2010 09/17/2015 Common Stock 25,000 $0.5 0 D
Warrant 09-24-10 (right to buy) $0.4 09/24/2010 P 20,000 09/24/2010 09/24/2015 Common Stock 20,000 $0.4 0 D
Warrant 10-01-10 (right to buy) $0.4 10/01/2010 P 60,000 10/01/2010 10/01/2015 Common Stock 60,000 $0.4 0 D
Warrant 10-14-10 (right to buy) $0.4 10/14/2010 P 40,000 10/14/2010 10/14/2015 Common Stock 40,000 $0.4 0 D
Warrant 10-25-10 (right to buy) $0.5 10/25/2010 P 75,000 10/25/2010 10/25/2015 Common Stock 75,000 $0.5 0 D
Warrant 11-19-10 (right to buy) $0.5 11/19/2010 P 165,000 11/19/2010 11/19/2015 Common Stock 165,000 $0.5 0 D
Warrant 03-07-11 (right to buy) $0.4 03/07/2011 P 234,720 03/07/2011 03/07/2016 Common Stock 234,720 $0.4 0 D
Warrant 03-17-11 (right to buy) $0.4 03/17/2011 P 100,000 03/17/2011 03/17/2016 Common Stock 100,000 $0.4 3,447,235(4) D
Explanation of Responses:
1. Tangiers Capital, LLC was issues these shares at $0, as additional consideration for making a loan to the Issuer.
2. Tangiers Capital, LLC was issues these shares at $0, as additional consideration for providing consulting services to the Issuer.
3. Includes 1,000,028 shares of common stock of the Issuer owned by the managing members of Tangiers Capital, LLC., individually and not jointly. The amount beneficially owned reflects the direct and indirect ownership of Tangiers Capital, LLC as of June 7, 2011.
4. Includes 2,023,311 shares of common stock issuable upon conversion of the convertible debentures and 1,423,924 shares of common stock issuable upon conversion of the warrants outstanding as of the date of this filing.
/s/ Michael Sobeck 06/08/2011
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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