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My family will not be left behind! CDFT is a life changer for my family and I.
That's what the $500. Goes to. You will get a letter and your 144 legend removed.
I am!
They still are up listing! With the mess of Raid it put them back a bit.
Peter if you read this PR now please or tomorrow we will see .0005's
He is taking out the trash first
Quote : 0.002 0.0001 (5.26%) @ 4:00PM
PV Enterprises International Announces Share Buyback To Commence Immediately
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Alert
PV Enterprises International (USOTC:VDSC)
Intraday Stock Chart
Today : Wednesday 13 November 2013
FORT LAUDERDALE, Fla., Nov. 13 , 2013 /PRNewswire/ -- Peter Villiotis, CEO of PV Enterprises International (OTC Pink: VDSC) (hereinafter referred to as the "Company"), would like to inform shareholders and interested parties alike as to recent corporate activities which have transpired over the past few months. These topics include:
CURRENT CORPORATE SHARE STRUCTURE
ANIT-DILUTION PROVISIONS
PROPOSED CORPORATE BUYBACK OF SHARES
UPLISTING TO NASDAQ MARKET PLACE
Many shareholders have corresponded with the Company expressing concern about the increases in the Authorized Shares and possibility of dilution to current shareholders. Let me assure you that the Company has NO intention of diluting shareholders and is in fact initiating a share buyback of up to 340 million of its shares via open market transactions. These purchases will begin immediately and last for a period of not less than 6 months. The Company further wishes to advise its shareholders of the breakdown of the current share structure:
There are currently 2.94 Billion shares Authorized. Of the 2.94 Billion shares, 1 Billion are preferred/restricted shares, unissued as of the date of this press release, and are segregated for the sole purposes of mergers/acquisitions. Once issued, these shares will be restricted from sale for a period of not less than 1 year. The remaining 1.94 Billion shares are comprised of the following:
1.2 Billion shares have been purchased by a qualified investment conglomerate interested in furthering PV Enterprises International for the sole purpose of applying for up listing to the NASDAQ World Market Exchange.
The remaining 740 Million shares are currently in the tradable float, available to the general public.
The Company, in line with minimum equity application standards to list on the NASDAQ, believes that it is in the best interests of the Company to immediately effectuate an open market purchase of its stock, (SHARE BUYBACK), which shall commence for a period of not less than six months. It is the Company's intention to buyback approximately 340 Million of its shares via open market purchases from the tradable float and then subsequently retire those shares back into the Company's Treasury. This would then afford the Company a more manageable public float of approximately 400 million shares which the Company feels is sufficient enough to provide for market liquidity going forward.
The Company would further like to advise its shareholders that a Reverse Split of the Company's shares is not being contemplated, planned or proposed anytime within the next 2 years. The Company is confident in its business plan going forward, the revenues that plan will generate, combined with the proposed share buyback and resulting public float, that should be sufficient to procure an application to a higher exchange and ultimately the NASDAQ.
As previously stated the Company shall be issuing an additional press release this week highlighting one of our many recently signed revenue-generating contracts.
Safe Harbor Statement
This press release contains statements, which may constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of PV Enterprises International, Inc., members of their management, and assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements.
SOURCE PV Enterprises International Inc
.005 tomorrow
FORT LAUDERDALE, Fla. , November 12 th , 2013 /PRNewswire/ PV Enterprises International Inc (OTC Pink: VDSC) today provided the following message to our shareholders PV ENTERPRISES INTERNATIONAL ANNOUNCES SHARE BUYBACK TO COMMENCE IMMEDIATELY Peter Villiotis, CEO of PV Enterprises International, (hereinafter referred to as the “Company”), would like to inform shareholders and interested parties alike as to recent corporate activities which have transpired over the past few months. These topics include:
CURRENT CORPORATE SHARE STRUCTURE
ANTI - DILUTION PROVISIONS
PROPOSED CORPORATE BUYBACK OF SHARES
UPLISTING TO NASDAQ MARKET PLACE
Many shareholders have corresponded with the Company expressing concern about the increases in the Authorized Shares and possibility of dilution to current shareholders. Let me assure you that the Company has NO intention of diluting shareholders and is in fact initiating a share buyback of up to 340 million of its shares via open market transactions. These purchases will begin immediately and last for a period of not less than 6 months.
The Company further wishes to advise its shareholders of the breakdown of the current share structure: There are currently 2.94 Billion shares Authorized. Of the 2.94 Billion shares, 1 Billion are preferred/restricted shares, unissued as of the date of this press release, and are segregated for the sole purposes of mergers/acquisitions. Once issued, these shares will be restricted from sale for a period of not less than 1 year. The remaining 1.94 Billion shares are comprised of the following: 1.2 Billion shares have been purchased by a qualified investment conglomerate interested in furthering PV Enterprises International for the sole purpose of applying for up listing to the NASDAQ World Market Exchange. The remaining 740 Million shares are currently in the tradable float, available to the general public.
The Company, in line with minimum equity application standards to list on the NASDAQ, believes that it is in the best interests of the Company to immediately effectuate an open market purchase of its stock, (SHARE BUYBACK), which shall commence for a period of not less than six months. It is the Company’s intention to buyback approximately 340 Million of its shares via open market pur chases from the tradable float and then subsequently retire those shares back into the Company’s Treasury. This would then afford the Company a more manageable public float of approximately 400 million shares which the Company feels is sufficient enough to provide for market liquidity going forward.
The Company would further like to advise its shareholders that a Reverse Split of the Company’s shares is not being contemplated, planned or proposed anytime within the next 2 years. The Company is confident in its business plan going forward, the revenues that plan will generate, combined with the proposed share buyback and resulting public float, that should be sufficient to procure an application to a higher exchange and ultimately the NASDAQ. As previously stated the Company shall be issuing an additional press release this week highlighting one of o ur many recently signed revenue - generating contracts.
SOMETHING TO THINK ABOUT FOR THE SHAREBUYBACK!!!
IF WE ALL accumulate under 01, the company will have to buy all shares above 01 puching us to 05!!!
They are reducing the share amount!
It isn't over! We are just getting started! Buy back in effect. We are waiting on merger info! Hop on we are having fun now!
I'm praying it is!
Go VDSC! Major run coming
U must be calling the wrong number. I called and it's works just fine.
Train is moving forward!!!!
You didn't answer the question. U turned it around
The minimum dollar amount to receive a preferred shares in $500.
Yes, it's the dollar amount you invested!
I know I'm ready! Can't wait for the next step! A November to remember!
I found a clue in that! Have a good week everyone! Hehe
That's Hot!
CDFT is a winner! We are millionaires in the making!
That is Hot!
Everything CDFT said they were going to do they have done it! Next we are up listing to the big boy boards. hope you all have your Preferred's and your new commons.
Debt Free for over 20 years
Citadel EFT, Inc.'s (OTCQB: CDFT) CEO Gary DeRoos, today announces that Citadel EFT has just signed major credit card processing contracts with three Bar Louie America Restaurants. These three franchised restaurants, located in Illinois, doing in excess of $8,000,000 in annual revenues collectively, with the great majority of their customer transactions credit card based.
Calvin Moore, of Citadel's Credit Card Business Development states, "We have been working for some time now, to project Citadel EFT's credit card processing business to larger customers, because of the savings, and also because, Citadel, the public company, is maturing into a much larger company. It's been a pleasure to work with Nathan Leininger, the owner of the three Bar Louie Restaurants. His due diligence process was thorough and he knew what he was likely to save as a result of using our services."
CDFT's management team looks forward to building this relationship and working with Mr. Leininger.
FORWARD-LOOKING STATEMENT: CDFT cautions that statements made in this press release constitute forward-looking statements, and not guarantees of future performance, and 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
http://www.credit-card-processing.com
Citadel EFT, Inc.'s (OTCQB: CDFT) CEO Gary DeRoos announces the addition of Mr. Joseph E. Riad as the newest member of the Company's Board of Directors. As Chairman of Riad Trust & Holdings, Mr. Joseph E. Riad, has over 20 years extensive experience in owning and managing businesses. Mr. Raid co-owns Texas Energy & Minerals, Houston, Texas which maintain mineral smelting rights. His has past professional experiences as the President of IMA World Trade, the Vice President of Tri-Union International, and the Deputy Director of Yellow Rose Energy.
Gary DeRoos, CEO, Citadel EFT, states, "The addition of Mr. Riad to our Board is a significant step forward in attracting talent into the Company. Individuals with the business pedigree like Mr. Riad can assist in the Company's operations and evaluate and implement 'best practices' which will enhance Citadel EFT, Inc.'s present & future value. His experience in the financial industry, including his ability to attract profitable, debt-free business enterprises, is a major advancement for our Company. His business acumen coupled with the vision he has for growth, were key factors in adding him to our Board of Directors and Audit Committee."
Joseph E. Riad states, "I am extremely pleased to join a profitable, emerging growth public company. It is rare these days to find an issuer with virtually no debt and has a growing core business and has assets that were evaluated and audited. I see an opportunity to add value by courting private and public companies that have value, to become subsidiaries of CDFT. We also intend to move some of the assets from our holding company, once they are evaluated by an independent third party."
CDFT's management welcomes Mr. Joseph Riad to the Company's Board and looks forward to working with him as the Company continues to grow.
FORWARD-LOOKING STATEMENT
CDFT cautions that statements made in press release constitute forward-looking statements, and not guarantees of future performance, and 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
http://www.credit-card-processing.com
Citadel EFT, Inc. (CDFT) Retains Legal Services of William B. Goode to Commence US SEC Stockholders' Registration Statement
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Alert
Citadel EFT, Inc. (USOTC:CDFT)
Historical Stock Chart
1 Month : From Jul 2013 to Aug 2013
Citadel EFT, Inc.'s (OTCQB: CDFT) CEO Gary DeRoos announces that Citadel EFT, Inc. signed a legal retainer agreement with Mr. William B. Goode to commence action on the US SEC Company's "Registration Statement." Mr. Goode has already done extensive due diligence on CDFT, and he will be drafting, as well as filing, the Form S-1 with the US SEC.
Gary DeRoos states, "The Form S-1 'Registration Statement' is important to commence and complete, so as to reconstitute the share float, and meet minimum distribution requirements to be listed on the NYSE Alternext Exchange, formerly the American Stock Exchange. Mr. Goode has extensive experience drafting and filing these documents with the US SEC."
CDFT's management looks to be very active in this registration process and to be working closely with Mr. Goode throughout this forthcoming Form S-1 filing.
FORWARD-LOOKING STATEMENT
CDFT cautions that statements made in this press release constitute forward-looking statements, and not guarantees of future performance, and 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
http://www.credit-card-processing.com
CDFT on Road to Becoming BDC:
http://finance.yahoo.com/news/citadel-eft-inc-cdft-expects-200000644.html
Quote:
OCEANSIDE, CA--(Marketwire - Dec 12, 2012) - Citadel EFT, Inc.'s (OTCQB: CDFT) CEO Gary DeRoos announces that in keeping with the Company's pursuit of an American Stock Exchange-AMEX listing, the Company will be filing a registration in the New Year. The registration statement, once effective from the SEC, will move the Company into a '34 Act Company,' and will increase the distribution in the stock to meet the required amount of stockholders in the security.
Gary DeRoos, CEO, states, "This registration statement is a necessary step to becoming a Business Development Corporation, 'BDC,' as only 34 Act Companies can elect to become one. The BDC process perfectly reflects our expansion goals, because our stated objective will be to buy incomes, and pass dividends on to stakeholders. Creating dividends through existing business operations, as a group, we can certainly buy appreciable incomes and flow those dividends back into the Company as retained earnings, and to the stakeholders as cash dividends. The purchase of the $10,000,000 unencumbered, non impaired assets has catapulted CDFT from its current business operations. The next step is now to purchase identifiable and verifiable income that can be passed on to the shareholders, which the funding from the registration will do for us."
CDFT's Management believes that being a BDC entity is best suited for Company and its shareholders. A requirement to become a BDC, the Company needs to maintains a Net Asset Value and debt obligation below equity. At this time, the Company meets these current financial conditions and will move forward with a 1934 Act Registration Statement.
Definition of 'Business Development Company - BDC'
A company that is created to help grow small companies in the initial stages of their development. BDCs are very similar to venture capital funds. Many BDCs are set up much like closed-end investment funds and are actually public companies that are listed on the NYSE, AMEX and Nasdaq.
Investopedia explains 'Business Development Company - BDC'
To qualify as a BDC, companies must be registered in compliance with Section 54 of the Investment Company Act of 1940. A major difference between a BDC and a venture capital fund is that BDCs allow smaller, non-accredited investors to invest in startup companies. Some of the reasons why BDCs have become popular is that they provide permanent capital to their management, allow investments by the general public and use mezzanine financing opportunities.
Read more: http://www.investopedia.com/terms/b/bdc.asp#ixzz2H1LH7xcw
Citadel EFT, Inc.'s (OTCQB: CDFT) CEO Gary DeRoos announces the addition of Mr. Joseph E. Riad as the newest member of the Company's Board of Directors. As Chairman of Riad Trust & Holdings, Mr. Joseph E. Riad, has over 20 years extensive experience in owning and managing businesses. Mr. Raid co-owns Texas Energy & Minerals, Houston, Texas which maintain mineral smelting rights. His has past professional experiences as the President of IMA World Trade, the Vice President of Tri-Union International, and the Deputy Director of Yellow Rose Energy.
Gary DeRoos, CEO, Citadel EFT, states, "The addition of Mr. Riad to our Board is a significant step forward in attracting talent into the Company. Individuals with the business pedigree like Mr. Riad can assist in the Company's operations and evaluate and implement 'best practices' which will enhance Citadel EFT, Inc.'s present & future value. His experience in the financial industry, including his ability to attract profitable, debt-free business enterprises, is a major advancement for our Company. His business acumen coupled with the vision he has for growth, were key factors in adding him to our Board of Directors and Audit Committee."
Joseph E. Riad states, "I am extremely pleased to join a profitable, emerging growth public company. It is rare these days to find an issuer with virtually no debt and has a growing core business and has assets that were evaluated and audited. I see an opportunity to add value by courting private and public companies that have value, to become subsidiaries of CDFT. We also intend to move some of the assets from our holding company, once they are evaluated by an independent third party."
CDFT's management welcomes Mr. Joseph Riad to the Company's Board and looks forward to working with him as the Company continues to grow.
FORWARD-LOOKING STATEMENT
CDFT cautions that statements made in press release constitute forward-looking statements, and not guarantees of future performance, and 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
http://www.credit-card-processing.com
Joseph E. Riad states, "I am extremely pleased to join a profitable, emerging growth public company. It is rare these days to find an issuer with virtually no debt and has a growing core business and has assets that were evaluated and audited. I see an opportunity to add value by courting private and public companies that have value, to become subsidiaries of CDFT. We also intend to move some of the assets from our holding company, once they are evaluated by an independent third party."
THE HARD, COLD, SOBERING REALITY HURTS...CDFT ALREADY WON!!!
MR. DEROOS & CDFT DEBT-FREE SINCE 1989!!!
MR. DEROOS & CDFT NO SHARE PAID PROMOTIONS!!!
CDFT GROWING THE LEGAL TEAM: ROSEN, GOODE & RECTOR!!!
THE HARD, COLD, SOBERING REALITY HURTS...CDFT ALREADY WON!!!
Looks like it might be $10-$12 pps when we finally uplist!
Nope we're all right here!