Citadel EFT, Inc. (CDFT) to Fully Cooperate With U.S. SEC Over Trade Suspension Order
March 21 2014 - 6:15PM
Citadel EFT, Inc. (OTCQB:CDFT) received an "Order of Suspension"
from the United States Securities and Exchange Commission (SEC).
The order states that this suspension was enacted due to… "a lack
of current and accurate information concerning the securities of
Citadel EFT, Inc. because of questions regarding the accuracy of
assertions by Citadel in public statements regarding the Company's
business operations and assets."
Gary DeRoos, President, CDFT, states, "The trade suspension is
for ten trading days. The Company and its legal team are hopeful
for a quick resolution to this matter."
Management will fully cooperate with the SEC over this
suspension.
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
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