We all know that the TA works for CDFT PIT not the other way around and any preferred share holder has access to the TA. The TA will talk to anyone of us. Give it up....lame

Good post DJ. That is a fact, I mean since when has ANY governement agencey done anything in a timely manner with exception of the IRS. They are Johnny on the spot with collecting our hard earned money right? But, when it comes to getting something done that we need done well,,,,,,,,, still waiting!

ROFLMFAO!!! If that were true you would have been on board with us a LONG time ago! LMFAO again!

Their financial statements are audited annually as of 9/30. Their quarterly statements are reviewed (not audited) quarterly. Under SEC rules their quarterly statements are required to be marked un-audited.

As for the numbers you are looking at, those are paper loss's not actual loss's and those numbers have dropped from $1,300,000 to now a mere $980! All of those paper loss's were based upon stock based compensations which has been completely eliminated now! By next Q the company will be totally in the green and approaching if not completely EBITDA!

I still strongly suggest that you take the Fins to your accountant for an appraisal! They will tell you what they think. Because you are still way off the mark Bro!

CDFT on its way to up-list!!!

Have a good day!

Yep, I'm waiting for Mr. or Mrs. Postman to show up!

Yep, and one step at a time. Onward!

ARNH!

Since when has ANY government entity been on time with anything?
I live in California and can't remember the last time they passed a budget on time. The process of the RS is a mere formality. There are no qualifications for it. Just paper work. The 8-K will come out and the RS will take place when CDFT gets the effective date from FINRA.

Waiting zzzzzzzzzzzzzzzzzzzz!

LOL! No Dave, I just suck at spelling. My thing is math and science. Sorry if I caused any anxiety! Have a pleasant day!

Excellent! The beginning of great things IMO!

Great post and absolutely true!

Looking forward to seeing an audited 10-Q here. I like the Dotty Scott report. Looking good! I think the company still has some growing pains to go thru but it looks very positive at this point.

RDSH!

Congrats Goodword! Looking forward to seeing mine hopefully by Saturday. So, it begins! Looking to a bright future here at ARNH!

Have a peasant evening and remember to put that Cert somewhere safe!!!

Go ARNH!

JC

Wow! Look at RDSH GO!

IMO you missed some valuable info in the Dotty Scott report. Here ya go. http://www.scribd.com/doc/125703811/Citadel-Assets-Valuation-Report

That is where you will find the rest of the equity that I am almost certain that you are missing.

PS. Nice Bike! I used to have one similar. But I became a family man and traded up to an RV! Oh well, it is almost as much fun.

It appears we have a new expert on the forum. You looked at the Fins for a whole 30 seconds and came up with the conclusion that CDFT does not meet the requirements to uplist? Wow you are good man! To bad you did not spend another 30 seconds on your DD because then you might have been able to discover the reality of the following;

Requirements:

Share holder equity = $4Mill CDFT has a minimum share holder equity of $5,600,452

Market Cap = $50Mill Not a problem after the RS and registration

Count of share holders = Minimum 400 share holders holding 500K shares CDFT has 860 share holders of record with well over the 500K shares.

Market Price = Minimum $2 IMO the SPO will be at or above $3 after the RS

Check, Check, Check and Check!

CDFT will UP-LIST! You might want to take a little more time reading those Fins or take them to your accountant to read them for you because you are clearly shooting in the dark just like others on the forum.

Have a nice day!

Its all about opening that envelope looking at it, smiling a BIG grin, showing it off to a couple of people after making some photo copies and then putting it in the vault or safe deposit box until its time to cash in!

Hokie, did you stop to think just for a moment that Mr.DeRoos was NOT actually referring to the PPS of the common shares in those statements? What if the company was actually 100% able to RS the stock all the way back on that very day 2/19 or anytime after that date. What if the reality of it was that Mr. DeRoos delayed the RS as long as he could to give us all the opportunity to try to profit from our commons?

Time to think outside the IBOX for a moment. What if what Mr. DeRoos was actually referring to the PPS of the Preferred. Re-read those passages with that in mind. Now, what if the PPS of the SPO actually turns out to be much higher than what has been in the PR's and the chatter here on the forum? What if both the PPS of the SPO and the market cap both turn out to be say double what everyone is thinking?

IMO everyone is about to have their socks knocked off. But that is just me being a silly little dreamer again right? Let's face it, he sure did not have day traders in mind when Mr.DeRoos referred to his loyal shareholder base.

Yep, I know! That is a lot of "What ifs" but I honestly think that I am doing a little better than you at taking shots in the dark.

8-K any day now. Almost time to cash in!

GN Hokie talk to you tomorrow.

You need to ask your broker if they will take REGISTERED shares. Registered thru an S-1 filing.

Your cert will not go to your broker. It will first go to the TA. The TA then sends the common shares to your broker to be deposited into your account and your remaining preferred are returned to you. Then you can trade the commons issued to you at will.

Until instructed to convert, keep your certificate in a very safe place.

NEWS FLASH! They were already qualified months ago! All that remains now is the RS and to be UNDERWRITEN and a form S-1! You can not beat underwriten registered preferred shares!

Citadel EFT, Inc's. (OTCQB: CDFT) CEO Gary DeRoos reports that the meeting with the Equity Sales Managing Directors of the NYSE Alternext, formerly the AMEX, was an unqualified success. Citadel EFT is going to make the transition to the NYSE Alternext because it affords the company and its shareholders so many advantages.

http://ih.advfn.com/p.php?pid=nmona&article=56361299

Nice Chart! Thanks for posting! An even better day tomorrow? Don't forget to take profit when opportunity arises! GL!

A round of applause to Kathy!
Have a good evening Zozo!

ARNH! All preferred share certs went out in the mail today! Be watching your box's! Tomorrow or by Saturday IMO!

To the best of my knowledge CDFT did not plan to put out the RS PR until the 14th or later. Gary's corporate email was hacked and the PR put out on the Sunday night before on a known hacker news group. Then since it was already out, CDFT put it out officially knowing that CDFT investors would be protected by the preferred anyway. The RS is the catalyst for preferred holders to cash out and profit so, for the most part it is no skin off of our backs other than perhaps we might have salvaged a few more dollars from our worthless air shares.

FWIW

Going to be some serious action here I think. Keeping my eye on it. Maybe even both of them!

GL Kyza!

It is coming! Hold your horses,,,or what ever! LOL!

I agree completely Dicy! Those air shares are the class that are worthless! Glad to be getting my preferred soon!

Healthy volume here today IMO

You will have to arm wrestle with Master Sergeant Miler on that one! If he and his men want us to remove it then it will be done. Until that happens Pro-Life and Digimaster remain in control of the IBOX. Thanks for your understanding.

PS. So sorry about your loss!

Sincerely

JC

Soon my friend!

Yes, I agree to most of your post. The "Cs" and "Ds" will be registered together at the same time. We will all exit in an orderly manner. Then maybe we can have that jam session together!

GM Harbecu! To the best of my knowledge, right after the RS we will be directed to send in our certs to the TA.

You will convert one preferred share for 100,000 common that you will sell at the new price. Could be $250,000, could be more or could be less but you will profit on your $860 and you will collect dividends on your remaining 343 preferred shares.

I hope this helps Crossball! Rock on Bro!

Yep. CDFT "Getting Better All the Time"!

Alias Born 05/19/2013 09:36:32 PM 6 Days after the 13th!
Please explain!

IMO you are a driving inspiration for CDFT! Keep up the good work Bro!

IMO, you need a little help reading those Fins. CDFT did $295K in Revs in the last 6 months in the core business alone! That is more than they did in almost all of 2012! Then they turned around and paid $138K in Dividends to investors and insiders. CDFT is approaching the point of EBITDA!!! Going to be totally in the GREEN next quarter with zero debt and still increasing REVS from the business consulting portion of the business and more! Much Much more!

Not to mention more assets being added soon! Real soon!!!

CDFT Rocks baby!

All in your honest opinion right?

To the best of my knowledge Yes! But, I can not say for sure what the ratio of the RS will be. It would be based upon the closing price on Thursday or Friday and also the amount of market cap and pps that CDFT has decided upon. I honestly do not see any reason for the RS to be denied. CDFT is in good standing and the stock has not been reversed before.

No, CDFT is simply waiting on the effective date to be given.
No cloak and dagger stuff going on. Just waiting zzzzzzzzzz
We are just coming out of a holiday. Perhaps someone at FINRA took an extra long weekend?