Coin Citadel (CCTL)

[I-Glow]

The facts are that there wasn't a CE for years and most of the time CCTL was a trips stock.

And the short run was because of the OTC Bubble created by WSB/Reddit - on the OTC everything ran from Zombie tickers to the greys.

What would create the run - Pillsworth doesn't have any mining equipment that isn't antiquated - and the 2CRSi deal fell apart and we just found out CCTL was supposed to pay 2CRSi $60,000 as a down payment and that never happened.

Right from the rip I told everyone that the 2CRSi deal was squirrelly and a $60,000 down payment is nothing for a $5M order.

Take off the CE and give CCTL a Gold Star and the company is still worthless.

IG

[I-Glow]

Stocktwits is not better than Twitter - they are pumping clowns just like on Twitter.

All they post is the bluesky smoke blowing pumping nonsense - no one there does any real DD.

IG

[I-Glow]

From Pillsworth:

"Coin Citadel (CCTL)
@CoinCitadelCCTL

Investor Update
- OTC has been paid for 2023 quotation. Jan 25, 2023
- CCTL is Pink Current on OTC Markets
- Form 211 has been forwarded to MM, review pending
- 2022 Annual Financials coming soon"

So Pillsworth stated on February 1, 2023 - that was 4 months ago.

And Pillsworth hasn't filed an update on the company website as promised.

"Coin Citadel (CCTL)
@CoinCitadelCCTL

Mar 31
Attorney letter will be uploaded this first coming week of April. Updates on all company operations and deals will also be given. Form 211 review is in process, and contents will also be added to company web page for transparency. To include CE and why it was put in place"

Looking forward to reading another pinkyland fantasy by Pillsworth.

IG

[Birch69696969]

Why???? No income

[spectrader82]

Fact is, if the CE were removed, this stock would be trading at a much higher price.

[TB]

Form 10 has not yet been submitted. Look at ATVK how it should look like

https://www.otcmarkets.com/stock/CCTL/disclosure

[Birch69696969]

STFU it’s quiet time here.

[DawgTrading]

How long does Form 211 take to process?
Once a company is reporting, it is eligible to have a market maker file a Form 211 with FINRA. The 211 must be approved by FINRA, which normally takes three to six months before the company can trade its stock on the OTC Markets.

https://www.issuerconsulting.com/services/15c211-application/#:~:text=Once%20a%20company%20is%20reporting,stock%20on%20the%20OTC%20Markets.

[spectrader82]

Yeah I saw the message posted about form 211 being submitted soon and that was in December

[DawgTrading]

Check stocktwits

[spectrader82]

Wasn't the form 211 submitted several months ago? Shouldn't it be almost ready to take the CE off by now?

[DawgTrading]

https://fintel.io/so/us/cctl

[madcasper]

added 10,000,000 shares at ask..

CCTL!!

[I-Glow]

Pillsworth said he was putting the reason why the CE was placed on CCTL and he would post it on the company website.

"Coin Citadel (CCTL)
@CoinCitadelCCTL

Mar 31
Attorney letter will be uploaded this first coming week of April. Updates on all company operations and deals will also be give. Form 211 review is in process, and contents will also be added to company web page for transparency. To include CE and why it was put in place"

But we also have:

"Coin Citadel (CCTL)
@CoinCitadelCCTL

Feb 1
Investor Update
- OTC has been paid for 2023 quotation. Jan 25, 2023
- CCTL is Pink Current on OTC Markets
- Form 211 has been forwarded to MM, review pending
- 2022 Annual Financials coming soon"

So the Form 211 was sent to the unnamed MM by February 1, 2023.

So the 211 was sent to the MM 4 months ago - and Pillsworth hasn't put any information about the 211 or why the CE was placed on CCTL.

Why keep asking about the CE when Pillsworth knows the answer - contact him.

IG

[CashCowMoo]

I’m not buying OTC anymore. It’s just different than what i remember years back. I have a few OTC left in my account, and i’m selling them off when the best opportunity comes.

[spectrader82]

Any Communcation or transparency from the otc markets jpeg website?

[Snoop_dog]

Is it time to back up the truck? Are we on the verge of being current. Did we get a new contract for the new US digital currency? And we wait for this clown.

[Snoop_dog]

Is it time to back up the truck? Are we on the verge of being current. Did we get a new contract for the new US digital currency? And we wait for this clown.

[spectrader82]

Why CE still there? What is hold up?

[DawgTrading]

Yup Q was filed yesterday also... Pink limited should become current soon (unless OTCM/Finra dangles another hoop to jump through)

[Vitoo]

I could say only one thing. I have no clue what the **** is going on... but consistently our boi is keeping it current. As far as the pink sheet casino goes, that means something. I got time. Once the plan(whatever it may be) is in full swing, I'll be here to cash in. I just wish I could buy more at the bottom. Also what's the point of updating constantly, if there are currently no solid developments? I'm chill as a cucumber. If nothing pans out, oh well. Don't matter since there is not much more to lose. You got this Tom, keep on trucking on behind the scenes as only a real one could.

[spectrader82]

I think pillsworth is a good guy, i just wish he would speak up a bit more to us.

[Buffit]

Have you ever meet Pillsworth?

Have you ever spoke to Pillsworth?

Why are you so sure Pillsworth is the person you say he is?

Maybe, he was duped into being the CEO of CCTL by Schaefer in order to recuperate the time, money and effort he put into CCTL, while he was employed by Schaefer.

Is that a possibility?

AIMO

[I-Glow]

Pillsworth knows exactly why the CE is in place.

"Coin Citadel (CCTL)
@CoinCitadelCCTL
Mar 31

Attorney letter will be uploaded this first coming week of April. Updates on all company operations and deals will also be given. Form 211 review is in process, and contents will also be added to company web page for transparency. To include CE and why it was put in place."

Well it is going on 2 months and Pillsworth hasn't put the information on the website.

The CEO is always informed by the OTCM why they put a CE on the company.

It has to be extremely egregious for the CE to be on a company for over 2 years.

Pillsworth was the CEO for over 2 years when the CE was placed on CCTL - although he will try to blame Schaefer after being the CEO that the blame game won't work.

IG

[spectrader82]

How can the OTC exist like this where a ce automatically tanks a stock 99% and there is no communication regarding why or what the status is? I guess I answered my own question, the OTC really does not exist anymore except to rob people.

[I-Glow]

I believe this was just a mistake by Pillsworth nothing nefarious.

The Attorney Opinion Letter was filed on 04/10/2023 then the Notification of Late Filing was on 05/16/2023 but Pillsworth loaded the same Attorney Opinion Letter for the 2022 Annual Report.

This could be a mistake by Pillsworth but it says:
.
"Notification of Late
Filing - Q1 2023 report
delayed/ wrong report
Sent"

Pillsworth has 5 days to file the 2023 Q1 which is today 05/20/2023 - but it will Monday to file. We will know if it was a mistake Monday night.

With the CE and Shell Risk Pillsworth should do anything to file the financials by the Deadline 05/15/2023 but he missed it - there isn't any reasonable explanation why he missed the deadline as they don't go file audited financials.

It will be interesting to see the financials for Q1.

IG

[I-Glow]

The dates aren't going to cause the OTCM to put a shell Risk on CCTL.

Here is what the OTCM says about the Shell Risk:

"Shell Risk

The Shell Risk designation indicates that a company displays characteristics common to Shell Companies. This designation is made at OTC Markets’ sole and absolute discretion based on an analysis of the company’s annual financial data and may differ from issuers’ self-reported shell classifications in their own public filings. Our analysis evaluates asset composition, operational expenditures, and income related metrics."

So a mistake on the date isn't going to cause a Shell Risk label.

As you can read about the Shell Risk it is because the OTCM doesn't believe anything that Pillsworth files.

IG

[traderjack1]

I believe so , the date and imo cld b the reason for the shell risk. Maybe pillsworth is taking care of that.

[Buffit]

Can you explain which filing was wrong and what filing is the right one?

[I-Glow]

Just amazed that one person is completely incompetent.

And even more amazed that a few still think Pillsworth is a good CEO. SMH!

IG

[I-Glow]

It is about the filing being late. But it is the Attorney Opinion Letter.

Pillsworth just filed the wrong document.

IG

[Buffit]

It looks like the same disclosure filed the month before.

Is there a difference?

AIMO

[traderjack1]

Go to otc , look under disclosure

[Buffit]

Do you or does anyone know what that new filing is about?

[traderjack1]

Hi board , I see a new filing out on the 16th

[Patient Ninja]

Good post Dawg Trading!

At least we know OTCM is working away trying to be fair to the small operators.

I have to believe since Pillsworth continues to file that we will get released at some point.

Keep up the push Pillsworth. Don't take to heart any of the chat here as different sides have their own agenda and reason for what they post.

Stay focused. Keep up the good fight.

Ninja out!

[Buffit]

Pillsworth, Pillsworth and more Pillsworth, obsessed:)

AIMO

[I-Glow]

I must admit you stay on point about the CE.

Why don't you contact Pillsworth and ask him about the CE and when he is going to post it on the company website.

Pillsworth posted on Twitter March 31, 2023:

"Form 211 review is in process, and contents will also be added to company web page for transparency. To include CE and why it was put in place."

I checked a few days ago and Pillsworth hasn't put that information on the company website.

IG

[spectrader82]

Let our investment trade freely!

[spectrader82]

Please remove ce now.

[Buffit]

"Anyone posting anything positive about Pillsworth isn't based on facts but pinkyland wishful thinking."

Completely, obsessed with Pillsworth negatively.

Amazing

AIMO

[I-Glow]

There isn't anything positive to post about Pillsworth. He hasn't done anything positive.

Anyone posting anything positive about Pillsworth isn't based on facts but pinkyland wishful thinking.

IG

[Buffit]

"Instead of being obsessed with me - post facts to support Pillsworth and all of the great things you believe he has accomplished."

You really don't understand anything about the people who post here and how it relates to your negative obsession with Pillsworth.

Most people on this board post both good and bad things about Pillsworth.

But, your posts are always so against Pillsworth no matter what he does.

Maybe, it's your obsession against Pillsworth that may contribute to the obsession against you

Everyone by now, knows what CCTL and Pillsworth are about and your repeated posts won't change anyone's views about CCTL or Pillsworth one bit.

AIMO

[I-Glow]

I thought the CE would be removed after the 2022 Annual Report was filed - but the OTCM soon after the Annual Report was filed - the OTCM listed as CCTL as a Shell Risk - which doesn't bode well for CCTL and their shareholders.

IG

[I-Glow]

You do repeat the same nonsense but you never post any facts, research or real DD about CCTL.

Pillsworth has been a dismal failure as the CEO of CCTL.

Instead of being obsessed with me - post facts to support Pillsworth and all of the great things you believe he has accomplished.

IG

[Birch69696969]

They have no business. How in the world would it be a penny with 6200 last quarter?

[spectrader82]

if no ce, this would at least be above a penny imo

[spectrader82]

How long until ce is off? Best guesses

[Buffit]

Maybe I'd better to buy a parrot, instead of repeating same post over and over again.

AIMO

[I-Glow]

Why hasn't Pillsworth done as he stated and posted on the website about the CE and why it was placed on CCTL. Pillsworth has been the CEO of CCTL for over 5 years.

"Coin Citadel (CCTL)
@CoinCitadelCCTL

Mar 31
Attorney letter will be uploaded this first coming week of April. Updates on all company operations and deals will also be given. Form 211 review is in process, and contents will also be added to company web page for transparency. To include CE and why it was put in place."

It has been 45 days and still nothing.

"Coin Citadel (CCTL)
@CoinCitadelCCTL

Feb 1
Investor Update
- Form 211 has been forwarded to MM, review pending"

That has been 3-1/2 months since Pillsworth said the 211 had been sent to the MM and I guess the review is still pending.

"If CCTL declares itself a shell, then being in pink status and fully filing compliant, then there is no reason to keep the CE designation, which would then, likely be removed, as it wouldn't be a public concern anymore."

The CE has been in place for over 2 years - there is obviously more to the CE than Pillsworth stating CCTL is a shell company.

After Pillsworth filed the Annual Report the OTCM listed CCTL as a "Shell Risk" - which means the OTCM doesn't believe anything that Pillsworth files.

"Shell Risk

The Shell Risk designation indicates that a company displays characteristics common to Shell Companies. This designation is made at OTC Markets’ sole and absolute discretion based on an analysis of the company’s annual financial data and may differ from issuers’ self-reported shell classifications in their own public filings. Our analysis evaluates asset composition, operational expenditures, and income related metrics. No action is required by a company to perform the evaluation other than publishing current annual financial information."

Pillsworth is allergic to providing truthful information.

IG