Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. Stock Boards ›
  4. Citadel EFT Inc (CDFT) Message Board

We engaged Paul Marquez and Daniel Jordan of natio

Message Board Public Reply | Private Reply | Keep | Replies (1)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 4754
Posted On: 10/18/2013 5:02:04 PM
Avatar
Posted By: JCISJC
We engaged Paul Marquez and Daniel Jordan of nationalbizval.com ("Nationalbizval"), to evaluate a certain asset of the Company, consisting of five (5) United States Treasury Bonds backed by the full faith and credit of the United States government (the "US T-Bonds").   Nationalbizval provided us with a ninety nine (99) page final report of their findings dated September 1, 2013 (the "Valuation Report").  Malone Bailey subsequently disagreed with the value assessed by Nationalbizval of the US T-Bonds contained in the Valuation Report. The Company's Board of Directors has discussed the subject matter of this disagreement with Malone Bailey which, as of the date of this amended Current Report, remains unresolved. The Company has authorized Malone Bailey to communicate and respond fully to the inquires by Keeton, concerning the subject matter of this disagreement.

Moreover, we engaged Avalon Advisors, an appraiser ("Avalon Advisors"), to review the Valuation Report and appraisal provided by Nationalbizval to ensure compliance with US GAAP accounting rules. Avalon Advisors has provided us with confirmation of its approval and acceptance of the Valuation Report and appraisal performed by Nationalbizval of the US T-Bonds. The Valuation Report reflected a valuation of each US T-Bond of one hundred forty million ($140,000,000) dollars, when the coupon is attached. All five (5) coupons are attached to the US T-Bonds.   The aggregate value of the US T-Bonds would results in an increase in the Company's assets of approximately seven hundred million ($700,000,000) dollars.


(0)
(0)




Citadel EFT Inc (CDFT) Stock Research Links


  1.  
  2.  


  3.  
  4.  
  5.  






Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us