Citadel EFT, Inc. (CDFT) Congratulates Directo
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Citadel
EFT, Inc. (CDFT) Congratulates Director Joseph Raid
Oceanside, CA- August 26, 2013- Citadel EFT, Inc.’s
(OTCQB.CDFT) CEO Gary DeRoos announces a congratulations to its board
of director, Mr. Joseph E. Riad .
CEO, Gary DeRoos states, “A special congratulations
is in order for our director, Joseph Raid.
Upon the successful completion of an evaluation of a portion of his
personal assets, his net worth is now Forty Three Billion,
Eight Hundred Million Dollars ($43.8 B USD) . We are extremely proud of Mr. Riad and I look forward to working
together with him to take Citadel to a new level in the national and
international banking and credit card markets.”
Mr. Raid describes himself as fiscally conservative
man who wishes to emulate the investment and business genius of Warren Buffet . When asked how he saw this vision playing out
in his future, he stated, “My father taught me that we were stewards of our
wealth and we needed to utilize it to better not just ourselves, but
mankind. I appreciate that the extent of
my personal assets imposed upon me a great duty to the American people and I
plan on utilizing it to create American jobs, to grow our infrastructure and
increase the tax base. Broadly speaking,
I plan on following conservative investment techniques and following the rules
and guidelines by the letter to maximize success and minimize risk.”
He further stated, “I plan on beginning this journey
by walking hand in hand with CEO, Gary DeRoos, to grow Citadel to an
international financial powerhouse, creating much needed jobs in many sectors
of the American market place.
The latest evaluation, which provided an opinion on
market price of a unit of Mr. Riad’s assets, was the last expert report needed
to determine the value of a discrete portion of Mr. Riad’s personal asset holdings. While this completes one substantial piece of
the “puzzle” for Mr. Riad, he intends to continue the process of determining
his entire net worth and hopes to accomplish this lofty endeavor by early
2014.
FORWARD-LOOKING STATEMENT: CDFT cautions that statements
made in this press release constitute forward-looking statements, and not
guarantees of future performance, and actual results or developments may differ
materially from projections in the forward-looking statements. Forward-looking
statements are based on estimates and opinions of management at the time the
statements are made.
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