Coin Citadel (CE) (CCTL) Quote

SELL the company, pillsworth! What is the point with the CE still on and doing nothing to remove it!?

More lies by Pillsworth.
Company Update Summer 2025

Removal of CE
A Form 211 was completed in fall of 2022, but not filed as of yet with a Market Maker as of 2025.

Even thought OTCIQ regulations state the review is supposedly free, Coin Citadel has yet to find a MM willing to review it, and or, that doesn't charge an additional advisory fees upwards of $20K for said review.
MMs can't charge an advisory fee but Pillsworth first stated that the DDTC was charging $20k.
Coin Citadel (CCTL)
@CoinCitadelCCTL
Jul 26

Investor Update Form 211 was submitted in February to one market maker. Whilst the MM cannot charge to review Form211...the caveat is, they then just sent a $20,000 bill for DTCC advisory fee for review. So nothing is free. Exploring other options without said hidden fees.
A market maker cannot charge an advisory fee when filing Form 211.
FINRA Rule 5250 (formerly NASD Rule 2460) specifically prohibits broker-dealers (which include market makers) from receiving any payment or other consideration from an issuer, or affiliates/promoters

More BS from Pillsworth.

IG

So it sounds like the c e will never come off because he refuses to pay a fee? Literally most worthless ceo in history. Down 99 percent and does nothing.

Company update, summer 2025, is on the website.

Yup. I think he may have completely given up.

Too bad. Tom totally messed this one up from the start.

The CE has been in place for over 4 years.

IG

More BS from Pillsworth:
Removal of CE
A Form 211 was completed in fall of 2022, but not filed as of yet with a Market Maker as of 2025.

Even thought OTC regulations state the review is supposedly free, Coin Citadel has yet to find a MM willing to review it, and or, that doesn't charge an additional advisory fees upward of $20K for said review.
Form 211 Filing: A Form 211 is a document filed with FINRA (Financial Industry Regulatory Authority) by a market maker to initiate or resume quotations for a security on the over-the-counter (OTC) market. It requires the market maker to gather and review certain information about the issuer.

Prohibition on Fees: FINRA explicitly prohibits market makers from charging issuers for this Form 211 filing service.

The facts are that MMs - are staying away from companies that don't have a 211 on file with FINRA.

Twitter / X Update
Update Jan 28 5:00pm
Our X account was suspended for this reason

Violating our rules against inauthentic accounts.

Today we were notified by Twitter/X that our account was suspended. We have reached out to X to determine the cause, and get the account reinstated.

These aren't updates it is Pillsworth dangling the carrot.

IG

How does it take months and months to do something so simple like call someone on the phone and hire them!? And by the way, this is going to cost more money and time then just paying the "fee" or whatever the other MM wanted, no?

In any case, the fee is nothing when you consider it has been years. divide the fee by X months and it is basically nothing. This ceo should be arrested for destroying us like this!

True dat bruv

From the ending of the Jan update bruvs:
"We will be looking for a new CPA in the meanwhile and work on bringing the financials current. This may effect our quotation on OTC markets short term"

Expert Market now... after all that :/

He stopped filing fins too. This is about to go grey market as well. It looks like he has given up.

It does not seem like this no show CEO is even trying to get the CE off. How can he make no effort after so many years? This is insane. I gave this guy the benefit of the doubt for a long time, but how can I now?

Do we need proof of life for the ceo? Is he still alive?

Pillsworth lied to investors once again.
This whole "MM's can't charge for filing form 211", but they won't do it unless he pays them 20k, is criminal. It's extortion. How this is allowed to happen makes the whole system a joke.
The CCTL @coincitadelcctl Account suspended

Pillsworth tried to blame the DTC for charging $20,000 in free which isn't true.

Pillsworth is a serial scammer.

The CE has been in place for 4 years and it still hasn't been removed.

You bought the snake oil and now you have lost your investment.

IG

Yup. Bite the bullet and git 'er done!

I agree. It is a joke and totally corrupt just like the whole market and the whole world for that matter.

Having said that, he should just sell a bitcoin or whatever and pay the 20K because that is the situation and the alternative is to be stuck here down 99% forever. OBVIOUS CHOICE, and yet he sits around for years complaining about the 20K? wtf?

This whole "MM's can't charge for filing form 211", but they won't do it unless he pays them 20k, is criminal. It's extortion. How this is allowed to happen makes the whole system a joke.

Yes, it is ridiculous and embarrassing. Makes no sense.

I gave him the benefit of the doubt for a long time, but now he is just a pathetic no show CEO.

I wish to God he would just get this done. 4 years of CE is ridiculous.

I thought he said he didnt want to pay the 20K to an MM to do it?

Pillsworth may be having trouble finding a MM to file the Form 211.

It is the only logical reason for not getting the CE to come off by now.

Pillsworth still needs to file annual and quarterly reports to stay on the OTC market.

If he doesn't, then the chances of CCTL continuing as a public company may disappear.

AIMY

great, then the ceo should easilly be able to pay an MM the money needed to "review" so the CE can come off right now! Why has he not done this!?

bitcoin treasuries shows 4 bitcoin for cctl

Hello, mr pillsworth. where are you?

crypto strategic reserves are being discussed and our CEO can't even get the CE off so we can benefit from it! What is going on!?

Pillsworth lied about the DTCC fees of $20,000 - that is an excuse not a reason- and MMs can't be remunerated for filing a 211.

IG

Is he even trying to get the ce off?

I can't believe people are still discussing this stock

Damn bruv, you get more defensive then me Julie. And she is a women...

Ali G

I post facts exposing the CCTL scam.

I see you only want the Bluesky smoke blowing pumping nonsense posted 247 - you don't want any facts about the CCTL scam.

The CE has been in place very close to 4 years.

This is a public forum - but you only the pumpers to post.

IG

That is what we hoping on bruv

Can we get the CE off, bruv?

Do you have skin in the game bruv? 

Pillsworth lied about the $20,000 - first he said it was a DTCC Advisory fee - then he said it is a $20,000 MM advisory fee.

It would be illegal for a MM to be paid and the DTCC fees are closer to $2000.

Pillsworth needs to be removed as the CEO.

IG

All I care about is not having my shares down 99% because a weirdo CEO can't seem to raise 20 grand to pay an MM! It has been YEARS. How is this possible!?

only time will tell.
he seems to be mining coin and has not give up under pressure.
external forces have a hard on for this man, I always side with the just but under dog.
what my good man makes your desires or any shareholders, higher president than this ceo giving an honest effort to keep the company alive?
I did not read in the company profile about the company will ensure shareholders always smile..
also take responsibility for your actions:) this has always been a nightmare of a ticker.
all tickers have a burst or two but this one has been the dogs second breakfast for several years.
what the hell is wrong with you buying here for a safe retirement?
your gonna ask so.. I bought the absolute worst of all the btc miners I know, and trust that I know most,
to prove my future success has nothing to do with me, and everything to do with a greater force..
I want to say that you are loved and we want you to have a happy life..

CCTL!!

So his morals keep his shareholders down 99% over 20 grand? when bitcoin is near 100K LOL, what!?

it excites me the company is working at mining coins needing less power and increasing in value.
this one runs!

CCTL!!

I read it like his moral system won't let him pay what he feels are extortion rates of pay.
I can get on board there. good wins out eventually..

CCTL!!

What do you think the reason is then?

Then what can it be bruvs...

If he really wanted the CE off, it would be off. He is holding off for some reason and it's not the money to remove the CE.

Nothing matters except ce. Until ce is gone price will never move.

So what about the other points on the site we just going to cherry pick the updates?

What can be done to get this company going again. Mining with ocean.xyz operation going on, but yet this still held down by some unknown forces.

From the CCTL website. A January 2025 update.

Removal of CE

A Form 211 was completed in fall of 2022, but not filed as of yet with a Market Maker as of 2025.

Even thought OTC regulations state the review is supposedly free, Coin Citadel has yet to find a MM willing to review it, and or, that doesn't charge an additional advisory fees upwards of $20K for said review.

Please reach out to Coin Citadel if someone can recommend or knows a MM that is willing to process a Form 211.

Once reviewed and forwarded to Finra, Coin Citadel stock might eventually trade again.
That is a lie about a MM charging a $20,000 Advisory Fee. First Pillsworth stated the following:

Coin Citadel (CCTL)
@CoinCitadelCCTL
Jul 26

Investor Update Form 211 was submitted in February to one market maker. Whilst the MM cannot charge to review Form211...the caveat is, they then just sent a $20,000 bill for DTCC advisory fee for review. So nothing is free. Exploring other options without said hidden fees

First Pillsworth stated - that the $20,000 was a DTCC advisory fee - then he stated - "Coin Citadel has yet to find a MM willing to review it, and or, that doesn't charge an additional advisory fees upwards of $20K for said review."

Pillsworth has been a disaster as the CEO of CCTL.

IG

IG serious question bruv, why does it seem you have alot of skin in this game?

Here is another Pillsworth screwup - the CCTL Twitter (X) account has been suspended.

From the company website:

Company Update January 2025
Twitter / X Update
January 28, 2025

Update Jan 28 5:00pm

Our X account was suspended for this reason

Violating our rules against inauthentic accounts.

Today we were notified by Twitter/X that our account was suspended. We have reached out to X to determine the cause, and get the account reinstated.

Coin Citadel had not posted anything on X at all that would lead to this suspension
Pillsworth is an incompetent clown. That is the reason for no volume and no interest.

IG

You are delusional no one cares about a CE stock that doesn't report to the SEC.

There isn't any volume because you can only sell CCTL stock. The CE has been in place for 4 years. This is a Pillsworth problem he created.

No one cares about manipulating the price on a CE stock.

IG

it is my fault
it is always my fault..

CCTL!!