No credible, independently verified net worth figure for Coalton Schaefer exists in public databases or reputable wealth-aggregator sites as of May 2026. What does exist is a documented public record trail through SEC filings, British Columbia Securities Commission documents, and local news coverage that places him as a small-company founder and majority shareholder in early-stage resource and venture companies. Based on those public records, his estimated net worth is most likely in the low-to-mid six figures, with the primary drivers being controlling equity stakes in micro-cap or shell companies rather than liquid assets or salary income. That range carries significant uncertainty and should be treated as an informed estimate, not a confirmed figure.
Coalton Schaefer Net Worth: Realistic Estimate and Sources
First, confirm you have the right Coalton Schaefer
The name "Coalton Schaefer" is uncommon but not unique in the SEC document trail, and at least one disambiguation problem exists: multiple Schaefer-named individuals appear in overlapping corporate filings, which can produce false matches if you are not careful. The specific person documented here is Coalton Michael Schaefer (middle initial M.), with a listed address of 2682 Whitetail Ridge, Kila, Montana 59920. SEC EDGAR filings tie him directly to Firstar Exploration Corporation as a director nominee and to Emerald Discoveries Inc. as President and CEO since February 2006. A British Columbia Securities Commission filing connects him to Mud Cattle Company (listed as President) and Mud Holdings Ltd. A 2021 Daily Inter Lake article from the Flathead Valley in Montana quotes a Coalton Schaefer discussing venture capital and technology business partnerships, which is consistent with this profile. A WAHA (Whitefish Adult Ice Hockey Association) player profile also lists a Coalton Schaefer in the Flathead Valley, useful as a secondary location cross-check.
Before you proceed, confirm you are not conflating this person with other Schaefer executives tracked on this site. Figures like George Schaeffer (OPI), Kim Schaefer (Great Wolf Lodge), Bernie Schaeffer, and Vic Schaefer each have their own distinct public footprints in entertainment, hospitality, financial advisory, and sports coaching respectively. George Schaeffer (OPI) has a separate public footprint, so his own net worth information would need to be sourced from OPI-related filings and credible reporting rather than Coalton Schaefer’s record. Coalton Schaefer has no overlap with any of those profiles. If the SEC issuer does not say "Firstar Exploration" or "Emerald Discoveries," and the state is not Montana or British Columbia, you are likely looking at a different person.
What "net worth" actually means here
Net worth is assets minus liabilities. For a private individual who is not a public celebrity, that number is almost never confirmed anywhere. What gets published on net-worth aggregator sites is nearly always an estimate built from proxies: known salary ranges, reported equity stakes, real estate records, and business ownership filings. For someone like Coalton Schaefer, whose business activity sits primarily in micro-cap and shell companies rather than mainstream corporate roles, those proxies are especially imprecise. The equity he holds in early-stage resource companies may be listed at a nominal or book value that bears little resemblance to what it could actually sell for, and privately held interests like Mud Cattle Company or Mud Holdings Ltd. have no publicly traded market price at all. So when this article gives an estimate range, it is based on documentary evidence from public filings, not a confirmed balance sheet.
Known public sources of income and earnings
The documented income-generating roles for Coalton Schaefer are executive and founder positions in small companies. SEC filings show he served as President and CEO of Emerald Discoveries Inc. (a British Columbia company) starting February 2006, and previously held a CEO role at Morgan List Advisors, based in Buffalo, Wyoming. These are not large-enterprise positions with disclosed executive compensation packages; companies of this type rarely file executive salary disclosures unless they reach a reporting threshold. The British Columbia filings for Mud Cattle Company and Mud Holdings Ltd. suggest ongoing private business activity, likely in agriculture or resource-adjacent holdings given the naming conventions and BC filing type (Form 45-106F6, which is a private placement exemption form). The 2021 Daily Inter Lake article describes him as active in venture capital and technology business partnerships in the Flathead Valley, which adds a more recent income-source signal, though no dollar figures were reported.
There is no public evidence of endorsements, sponsorships, entertainment income, real estate portfolio listings, or other common high-value wealth drivers in the available record. The $1,000 interest-free oral loan he made to Firstar Exploration Corporation in December 2005 to cover incorporation and legal fees is notable only as a signal of the scale at which these early ventures operated.
Assets and business holdings that drive the estimate
The most concrete asset documented in public records is his equity stake in Firstar Exploration Corporation. An SEC DEF 14C1 filing states that Coalton Schaefer owned 4,999,000 shares of Firstar Exploration common stock, representing 71.00% of total shares outstanding at the time of the filing. A companion 10-KSB filing from 2006 notes that because he would retain more than 50% of outstanding shares after the offering, he would have unilateral control over board elections. A separate Schedule 13D filing references Coalton Michael Schaefer holding approximately 13.16% beneficial ownership in another company, with warrant exercise potentially lifting that to approximately 36.7% of total issued and outstanding stock. OTC Markets records also include a transaction record listing "Coalton M. Schaefer" in a share conversion context.
In addition to those equity positions, the British Columbia filings for Mud Cattle Company (with Schaefer listed as President) and Mud Holdings Ltd. represent private business interests with no publicly disclosed valuation. Agricultural and holding companies of this type in Montana and British Columbia can range from nominal operations to multi-million-dollar land and cattle holdings, but without filed financials there is no way to assign a value here.
| Asset / Holding | Type | Documented Evidence | Estimated Value |
|---|---|---|---|
| Firstar Exploration Corp. (71% stake) | Public equity (micro-cap/shell) | SEC DEF 14C1, 10-KSB 2006 | Uncertain; micro-cap shares often trade near or below nominal value |
| Beneficial ownership ~13–36.7% in second company | Public equity with warrants | SEC Schedule 13D | Uncertain; dependent on share price and warrant terms at exercise |
| Mud Cattle Company (President) | Private agricultural/business holding | BC Securities Commission Form 45-106F6 | Undisclosed; no public valuation |
| Mud Holdings Ltd. | Private holding company | BC Securities Commission Form 45-106F6 | Undisclosed; no public valuation |
| Emerald Discoveries Inc. (CEO since 2006) | Private company executive role | SEC DEF 14C1 | No disclosed salary or equity stake figure in public record |
Current net worth estimate as of May 2026
Based on the public record available through May 11, 2026, the estimated net worth of Coalton Michael Schaefer falls in a range of approximately $100,000 to $500,000. The low end reflects the likelihood that micro-cap and shell company equity carries little liquid value, which is common for early-stage resource companies. The upper end accounts for the possibility that his private holdings in Mud Cattle Company, Mud Holdings Ltd., or venture-linked business interests have accumulated meaningful value that does not appear in public filings. This estimate is labeled explicitly as an informed estimate, not a confirmed figure. There is no independently verified balance sheet, no reported sale of assets, and no disclosed compensation data that would allow a more precise calculation. No reputable net-worth aggregator site returned a directly attributable figure for Coalton Schaefer in current search results, which itself is a signal that he has not crossed into the threshold of public wealth documentation. If you are comparing claims online, look specifically for the evidence behind any tim schaecker net worth figure, since unsupported numbers are usually just estimates. If you are searching for george w schaeffer net worth, this is why you will often see conflicting, unsourced numbers online No reputable net-worth aggregator site returned a directly attributable figure for Coalton Schaefer.
Valuation date for this estimate: May 2026. It reflects the documentary record as it exists today and should be revisited if new SEC filings, BCSC filings, or credible media coverage surfaces updated business activity.
Why net worth numbers conflict and how to reconcile them
If you have seen a different number elsewhere, the most common explanations are: the source is referencing a different Schaefer (a persistent problem given how many notable Schaefer-surname figures exist across business, sports, and entertainment), the source is using the nominal par value of shares rather than any realistic market price, the valuation date is years old and does not account for company status changes, or the site is generating an AI-produced estimate with no underlying sourced data. Net-worth aggregator sites that publish figures without citing an SEC filing, a credible interview, or a property record are not reliable for someone at this wealth tier.
The standard practice here is to distinguish clearly between confirmed valuations and estimates. For Coalton Schaefer, everything in the estimate range above is an estimate. If you are specifically researching Bernie Schaeffer net worth, you should verify which individual the source is discussing before accepting any number Coalton Schaefer. If a source you find claims a specific, round number (say, $1 million or $5 million) with no supporting citation, treat it as unreliable until you can trace it to an underlying document. If you are searching for kim schaefer net worth specifically, use the same approach: only trust numbers that can be tied back to SEC, BCSC, or other verifiable documents.
How to validate this today: a practical research checklist
If you want to go beyond this article and build a more current picture, here are the steps that will actually get you somewhere:
- Search SEC EDGAR (sec.gov/cgi-bin/browse-edgar) for "Coalton Schaefer" and "Firstar Exploration Corporation." Pull the most recent filings to check if the company is still active and whether any updated ownership or compensation disclosures have been filed.
- Check the BC Securities Commission database (bcsc.bc.ca) for filings linked to Mud Cattle Company, Mud Holdings Ltd., and Emerald Discoveries Inc. Form 45-106F6 filings are public and will show recent private placement activity.
- Run a property records search in Flathead County, Montana (the county covering Kila, MT 59920) through the county assessor's website to identify any real estate holdings, which would be a concrete, valued asset.
- Search OTC Markets (otcmarkets.com) for Firstar Exploration Corporation to get the current share price and market cap, then apply Schaefer's documented ownership percentage to estimate the current equity value.
- Look up Montana Secretary of State business registrations for any companies listing Coalton Schaefer as an officer or registered agent, which may surface business interests not captured in SEC filings.
- Search British Columbia's corporate registry (corporateonline.gov.bc.ca) for Emerald Discoveries Inc., Mud Holdings Ltd., and related entities to check current status and officer listings.
- Run a general news search for "Coalton Schaefer" filtered to the last 12 months to catch any recent media coverage, business announcements, or interviews that could update the income and asset picture.
- Cross-reference any figure you find against the middle initial "M." and the Kila, Montana address to confirm you have the right person before assigning any wealth estimate to this specific Coalton Schaefer.
The honest bottom line: Coalton Schaefer is a real, documented business figure with a traceable public record through SEC and BCSC filings, but he operates below the wealth tier where reliable third-party net worth estimates exist. The figure in this article is the best estimate the available public record supports today, labeled transparently as an estimate, with the sources and methodology laid out so you can update it as new information emerges.
FAQ
Why do net-worth sites show a number for Coalton Schaefer if your article says there is no confirmed figure?
Most sites publish estimates without tying them to documents that uniquely identify the person, and in this case the main issue is that equity in micro-cap or private companies does not translate cleanly into a reliable, liquid market value. If a number is presented as exact, check whether the site cites a specific SEC or BCSC filing, otherwise it is likely an unsourced proxy or a match to a different Schaefer.
How much do stock ownership percentages tell you about net worth for Coalton Schaefer?
Control via a high share percentage can be real, but net worth depends on what the shares could sell for and whether there are restrictions, thin liquidity, or dilution events. For shell or early-stage resource companies, share value can swing widely, so a large ownership percentage alone usually cannot justify a high-confidence dollar valuation.
Could the Mud Cattle Company or Mud Holdings Ltd. involvement significantly change the net-worth range?
Yes, but only if those private entities hold assets with a measurable, supportable value (for example land holdings with recorded appraisals, or financial statements filed in a way that allows valuation). If there are no filed valuations, the net-worth impact is speculative, which is why the article keeps a wide range.
What is the risk of misidentifying Coalton Schaefer with another Schaefer executive?
It is high risk because corporate filings can include multiple Schaefer-named people, and some may share overlapping geography or industry. The safeguard is to match at least two identifiers together, such as the documented middle initial, the specific issuer name in SEC EDGAR, and the Montana and British Columbia connections described in the record.
If I find a specific dollar amount for Coalton Schaefer online, how do I quickly vet it?
Look for a paper trail. A credible number should be traceable to one or more documents (SEC filings like ownership disclosures, BCSC filings, or property records that support asset valuation). If the figure is rounded, presented without a citation, or relies on generic assumptions, treat it as unreliable.
Why might the same business stake be valued very differently across sources?
Because sources may use par value, book value, or an assumed market price that is not realistic for micro-cap trading volume. They may also ignore warrants, conversion mechanics, dilution from later offerings, or whether the shares are effectively illiquid. Those differences alone can move an estimate by hundreds of thousands.
Does an SEC filing showing share counts automatically mean a fixed net worth number?
No. Share counts show ownership, not realized value. To convert ownership into net worth, you would need an evidence-based valuation method such as quoted market prices on active days, a transaction price from a documented sale, or filed financials that support asset valuation. Without that, estimates remain uncertain.
How often should the Coalton Schaefer net-worth estimate be updated?
At least when new SEC filings, amended ownership disclosures, or new BCSC submissions appear that change his control position or the status of the companies involved. The article sets May 2026 as the valuation date, so treating any later filings as potentially material is a practical next step.
Do income signals like venture capital activity reduce uncertainty in net worth?
They can help with direction, but they do not usually provide dollar amounts. Unless compensation details are disclosed in relevant filings or credible reporting, venture or partnership activity typically does not convert into a defensible net-worth calculation.
What would be the strongest new evidence to tighten the net-worth estimate for Coalton Schaefer?
A documented transaction, such as a sale of a meaningful block of shares at a known price, or filed financial statements for private companies that allow asset valuation. Also helpful would be SEC updates that clarify beneficial ownership changes tied to conversion or warrant exercise.
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