Citadel EFT Inc (fka CDFT)

[Hokie]

Pro-Life...let me ask you this...be sure to read the last paragraph...blaming GS for the pps decline makes no sense...please let us know why you keep blaming him ?

What happened to The Syndicated Trust? You know, the group that often referred to themselves as the Coalition of the Willing or the League of Extraordinary Men & Women. Why are they no longer mentioned here. At one time, they were the Dream Team that was going to help galvanize all the CDFT common shareholders. They were the ones that structured the Convertible Preferred Designations, wrote the rights and privileges of those instruments, and created the documents they needed to attract equity. They, The TRUST, as they like to refer to themselves, went out and located assets that the public company purchased, through an asset purchase agreement, those were the sports and entertainment memorabilia collection we bought from Art to Go. A quote from the interview with Gary DeRoos... "They trained me to think of the stockholder in the micro cap markets as a dividend shareholder, the common stockholder perhaps lacked the long term vision because micro cap companies are typically paper plays for short term gain. but having said that, what was striking about Citadel EFT’s transformation to now, was the INVESTOR CONFIDENCE and TRANSPARENCY that they preached with respect to specially the investors, for example on IHUB." ( Is the confidence and transparency still there?) ...."the Company needs to eliminate any dilution or the perception of dilution in its securities."..."I think we need to let the market play out, continue to build more value on the balance sheet and win over many of the short sellers in the market. We can’t completely ignore the fact that short sellers play an important role in our capital markets, and we, Citadel, need to reach out to those people, and let our actions speak louder than our words."

All of the above came from the link below.



February 25, 2013
http://thesyndicatetrust.com/uncategorized/the-scoop-on-citadel-eft/

http://thesyndicatetrust.com/


Why is the galvanization, transparency, and confidence not being reflected in the pps?
Why did he feel the need to reach out to the short sellers? I do not understand this at all!!...The pps opened .019 and closed .0195 the day this "scoop" was put out....the next 4 days the pps dropped all the way to the lod .008 on 3/1/2013 and closed at .0105....approx. a 50% haircut....was this what he meant to happen by reaching out to the short sellers? This "scoop" was put out on Monday 2/25/2013....suit was filed 6 days earlier Tues. 2/19/2013...the day the pps peaked...suit was Amicably Resolved the next day, Wed. 2/20/2013...so what I do not understand is, why is this GS guy being blamed for the shorting, if he had already had his suit Amicably Resolved? Did Gary want to reach out further to the short traders, after the suit being filed and resoled 5 days earlier? The price kept falling after the resolved suit! None of this makes any sense!