EXHIBIT
31.1
  CERTIFICATION
OF PRINCIPAL EXECUTIVE OFFICER AND PRINCIPAL ACCOUNTING OFFICER
  PURSUANT
TO SECTION 302 OF THE
  SARBANES-OXLEY
ACT OF 2002
  I,
Michael Caska, certify that:
  1. I have
reviewed this annual report on Form 10-KSB of SFG Financial Corporation for the
year ended January 31, 2008;
  2. Based
on my knowledge, this annual 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 annual
report;
  3. Based
on my knowledge, the financial statements, and other financial information
included in this annual report, fairly present in all material respects the
financial condition, results of operations and cash flows of the registrant as
of, and for, the periods presented in this annual report;
  4. The
registrant's other certifying officer 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 controls over financial reporting (as
defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant 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 registrant, including its consolidated
subsidiaries, is made known to us by others within those entities, particularly
during the period in which this annual 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 registrant'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;
  d)
disclosed in this report any change in the registrant's internal control over
financial reporting that occurred during the registrant's most recent fiscal
quarter that has materially affected, or is reasonably likely to materially
affect, the registrant's internal control over financial reporting;
  5. The
registrant's other certifying officer and I have disclosed, based on our most
recent evaluation, to the registrant's auditors and the audit committee of the
registrant's board of directors (or persons performing the equivalent
function):
  a) all
significant deficiencies in the design or operation of internal controls which
could adversely affect the registrant's ability to record, process, summarize
and report financial data and have identified for the registrant's auditors any
material weaknesses in internal controls; and
  b) any
fraud, whether or not material, that involves management or other employees who
have a significant role in the registrant's internal controls over financial
reporting.
 
 February
13, 2009
 By:
      /s/  Michael
      Caska
                    Michael
      Caska
                    President
      and Chief
                    Executive
      Officer (Principal
                    Executive
      Officer and
                    Principal
      Accounting Officer)