I-Glow
4 weeks ago
A MM can't accept payment for filing a 15c or 15c2-11.
Pillsworth stated that the DTCC is charging $20,000.
"Coin Citadel (CCTL)
@CoinCitadelCCTL
Jul 26, 2023
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"
That is isn't close to being accurate - more Pillsworth lies.
Hey Pillsworth, post the $20,000 invoice.
If Pillsworth found a DD to file the 15c - why didn't FINRA process it.
Pillsworth can't provide truthful information.
Why didn't Pillsworth report the MM to FINRA for attempting to charge CCTL for filing the 15c via an Advisory fee.
Pillsworth stated that the 15c was filed in February 2023 and in July 2023 stated - "Exploring other options without said hidden fees"
I guess he is still looking for other options.
IG
I-Glow
2 months ago
Once again you are ignoring the facts. Pillsworth doesn't own any mining equipment.
Pillsworth still hasn't filed a 2024 Q1.
The post on X is meaningless - as usual more big talk from Pillsworth.
"What makes this halving Epoch is....The reward consisted of a base reward of 3.13 BTC $199,579 with an additional 37.6256 BTC ($2,399,135) reward paid as fees of the 3,050 transactions which were included in the block.
β Coin Citadel (CCTL) (@CoinCitadelCCTL) April 20, 2024
Posting means Pillsworth is still working away at things."
What exactly is Pillsworth working away at things - is it posting on X.
What is Pillsworth mining with a pick and shovel?
Let's look at all of the problems you always ignore - a CE has been in place for over 3 years.
The OTCM has placed a Shell Risk on CCTL.
CCTL hasn't filed a 15c:
"Warning! This security is eligible for Unsolicited Quotes Only
This stock is not eligible for proprietary broker-dealer quotations. All quotes in this stock reflect unsolicited customer orders. Unsolicited-Only stocks have a higher risk of wider spreads, increased volatility, and price dislocations. Investors may have difficulty selling this stock. An initial review by a broker-dealer under SEC Rule15c2-11 is required for brokers to publish competing quotes and provide continuous market making."
Plus, as you have posted many times but it isn't accurate - CCTL doesn't own 4 or 5 Bitcoin.
Post your proof that CCTL owns any mining equipment - they don't - so how is Pillsworth mining?
IG
Patient Ninja
2 months ago
What makes this halving Epoch is....The reward consisted of a base reward of 3.13 BTC $199,579 with an additional 37.6256 BTC ($2,399,135) reward paid as fees of the 3,050 transactions which were included in the block.— Coin Citadel (CCTL) (@CoinCitadelCCTL) April 20, 2024
Posting means Pillsworth is still working away at things.
I-Glow
2 months ago
"Bitcoin Mining is Experiencing a Significant Decline After its Value Plummeted from $139 to $57
Bitcoin mining, once a lucrative endeavor for digital prospectors, is facing an unprecedented downturn in profitability. Recent data from Bloomberg has revealed a stark decline, bringing the industry close to its least profitable period since the aftermath of the FTX collapse. This analysis delves into the factors contributing to the mining malaise and explores how companies like Marathon Digital Holdings Inc. are adapting to these harsh new realities.
A Deep Dive into the Numbers
Just after the halving event, the Bitcoin hashprice saw a brief spike to $139, largely driven by increased transaction fees linked to activities on the Rune protocol on Bitcoinβs blockchain. However, this uptick was fleeting. As transaction fees normalized and mining difficulties escalated, the hashprice plummeted to a mere $57, perilously close to the November 2022 low of $55.
The Big Players Versus the Small: A Widening Gap
The current profitability crunch is creating a bifurcated landscape in Bitcoin mining. Large-scale operations like Marathon Digital Holdings and Riot Platforms Inc. have somewhat cushioned themselves against the harsh economic winds by investing heavily in mining infrastructure and advanced technologies."
CCTL doesn't have any mining equipment - has a CE and is listed as a Shell Risk.
IG
I-Glow
3 months ago
You keep posting garbage you fabricated. I was exposing the CCTL scam when Schaefer was the CEO.
Schaefer never had a CE placed on Pillsworth.
"You keep pushing an untrue narrative. Blaming Pillsworth for troubles, rather than your boyfriend Schiffy Schaeffer!"
It is Pillsworth's problems for filing fraudulent Financials - the OTCM made Pillsworth amend the financials he filed with such BS as 513 Bitcoin in the Treasury and $700,000 in Cash on Hand. That is why Pillsworth received the CE.
Then he filed a Annual Report and the OTCM didn't believe it and put a Shell Risk on CCTL.
It is hilarious that you are still attempting to defend Pillsworth.
Why don't you tell everyone what happened to the 15c2-11 Pillsworth claimed to file. That is another example of you ignoring the facts.
This is for February 2023:
"
Coin Citadel (CCTL)
@CoinCitadelCCTL
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.
6:18 PM Β· Jul 26, 2023"
There isn't a $20,000 DDTC fee - Pillsworth wasn't being truthful.
So why hasn't the 15c2-11 filed - and it filed with FINRA not the DDTC.
IG
Β·