
FLOAT LOCKED AND READY TO POP!********RETIRING 117,000,000 SHARES WED. THE 13th
mergers and acquisitions COMING SOON!
Citadel EFT, Inc. (OTCQB: CDFT) CEO Gary DeRoos is pleased to announce that he will be retiring 117,000,000 of his 168,000,000 common securities effective May 13th, 2013. This is two days prior to when Citadel EFT is due to post its second quarter results . The retirement of these securities on that date will effectively bring the Issued Capital to approximately 116 million shares.
Gary DeRoos, CEO, Citadel EFT, states, "We have retired significant amounts of compensation securities back into treasury, and the last responsibility was to retire 70% of my holdings. I will be in discussion with our other preferred stockholders who own the balance of the common to suggest retiring more of the common, so that we can bring our market capitalization more in line with the equity we are building on the balance sheet.
 Zero Debt 
 Over 3,000,000 in Net Equity 
 Revenue Generation Business, $450k per annum 
 $250,000 in    dividends       paid to Gary DeRoos, Series A 
 Continued growth in sales of credit card processing business 
 The company has CASH, no going concern 
 It's adding more value on the balance sheet from Q to Q 
 It's retired it's Professional Contracts, 
 Management has removed all of its compensation securities 
 Management now intends to lower its Issued Capital 
 The    Market Cap       of the Company is way under value 
 Management has met with AMEX people, PRE approved 
 Company float has remained at 65,000,000, no new issuances 
 The Company does not pay or sanction paid for promo 
 The Company is a OTCQB, not a pink sheet company 
 The Company is an a SEC filer, it's information is audited 
 The Company hires independent evaluators to buy    assets        
 The Company is building a board with pedigree 
 The Company has been honest, every time it retired stock 
 The Company has made itself available to answer inquiries 
 The Company has done conference calls using a    shareholder        
 The stock has come from .0011 to a high of .027 cents 
 The stock has traded in the penny range for the last month 
 The stock has been oversold, more than the size of the float 
 The longs are not budging from their positions 
He further states, "We are extremely pleased with the improvements we are making to our balance sheet. We expect, in the next two quarters, to improve our cash position and our overall net stock holders equity. We have retired all compensation securities to management, and lowering the Issued Capital was always part of our agenda. The significance of choosing May 13th as the effective date is that it is before our second quarter results are due to be posted. And we have indicated in a previous press release that we would lower the issued capital before Q2 was posted. We are meeting that obligation, and look forward to any shareholder inquiries on the matter." CEO GARY 714-423-0701
  
  
 Read More:  http://investorshangout.com/post/678432/WHY-W...z2PgBS5Ked   
 (0)
(0) (0)
(0)BRAND NEW MILL READY TO CHEW!
Cash-Flow Positive in less than Two Q's
 
   
   
      			












