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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Citadel EFT Inc (CE) | USOTC:CDFT | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.0001 | 0.00 | 01:00:00 |
CDFT, also, on Friday, March 7, 2014, received written notice of the approval of a $50 Million ($50,000,000) SBLC- "Standby Letter of Credit." Citadel EFT, Inc. will use a small portion of this SBLC to pay for the transfer of the 3 billion ($3,000,000,000 USD -- equivalent) swift transfer fee of the LTN Brazilian Bonds.
Gary DeRoos, CEO, stated, "We are pleased with the events that took place Friday. We are now in a position to start our goal of proceeding into the banking arena, as well as, closing the negotiations that are ongoing with becoming a majority shareholder with a Bank in India. We are also in negotiation with large 'Independent Sales Organizations' of credit card processing to purchase their portfolios. This will allow us to have immediate large-cash flow into the Company."
Management reports that a US SEC EDGAR FORM 8-K will be forthcoming regarding these aforementioned events.
FORWARD LOOKING STATEMENT
CDFT cautions that statements made in the press release constitute forward-looking statements, and not guarantees of future performance, and the 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.
CONTACT: Gary DeRoos 714-423-0701 citadeleftinc@gmail.com www.credit-card-processing.com
1 Year Citadel EFT (CE) Chart |
1 Month Citadel EFT (CE) Chart |
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