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Been here for months researching and speaking to this company just recently have seen you
Then what are you doing here good service to the public.
We are going to get a new PR with further instructions early June I believe. Just a waiting game.
What are you still doing here
When do we send in our preferred shares to the TA and what other info should I know
Looks great!
And by June 5 it'll all be done 11 days
They are going to restructure the stock by the 24th
Even if we get to convert 1 share into 100,000 and everything the bashers saying is true and the price even goes from 2.50 down to 1.00 or even .50 that is 50,000-100,000 profit. So buzz off yeah?
Got my preferreds and didn't sell my common yet what do we think the RS could be, could still make a buck that way 200 to 1 split with all the commons already sold off.. Or 1 to 1000
How are you claiming this company only has 91,000 In total assets when they have 400,000 a year in revenue and a 4 mill net worth
I screwed up and did not sell my commons yet. I have my preferreds what should I do
Looks like a run is coming
Are you expecting a run back up to .01 before the 24th with the shorts trying to cover?
What are you looking to get next week for them before the 24th
So it is safe for those who have preferred shares at any point now to sell off their commons they currently have in their account before the RS and still hold their preferreds?
What's next now that it is the 15th so everyone is on the same page
He is right if you called the company yourself you could find this out in the process. This is over months of being involved in this company and speaking to them through emails phone calls and CCs
That would still get you a good $100,000 off your investment
***Everyone the email is Citadeleftinc@gmail.com. You will receive an email back within 24 hours and they sent my preferreds in the mail the next day. I received them within 2 business days. They were sent from California.
The reason the company did what they did with the preferred shares was to ensure to its investors they would maintain value in the company if you were down any money now that CDFt did this you will have total value
The company will instruct everyone when they should fax their shares back and 1 share be converted 100,000 commons. The restructuring will be done by may 24th so we will know a lot by the end of the month
I called them and spoke with them with the number I have been posting on here for weeks
Dividends will start to be paid October 13, 2013
Even if that do a RS which was never off the table since they did say by the end of the month they would be restructuring and everyone with preferred shares would be safe with their original investment in the company... I am not worried and neither are the other preferred share holders.
I know plenty of companies that are not even traded in the market that are making money like this. This guy is going on a larger scale and has a long history.
No clue where anywhere that was said.
It's pretty obvious because it is not a huge company but has been doing well all these years and now is expanding. Do you think these huge stock companies like Home Depot Walmart ADP sprung up in a year? That would be a scam
The info your giving us completely false
So did mine. And everyone keeps saying that it is so bad that this has not been signed by the TA... This is really not a crazy process and I spoke with Jay King myself at 1 (604) 570-0758...
When they restructure this month all the share holders will be informed by a PR along with emails instructing where to send our forms to the TA and it will be complete as soon as they are received. The company will then issue 100,000 shares for 1 common when the time comes. If you have over $20,000 in the company you will receive an additional common share. That is it. It is a very simple process for everyone looking
1 (604) 570-0758 that's the number I've spoken to them 2 times np
1 (604) 570-0758 call that number right now. I have Recieved an answer on the second ring or a call back every time I've called.
How can we sell our commons we currently have in our accounts if we just converted to preferred shares. I don't understand. Can I sell the 145,000 common shares I currently have in my account after 5/13..
The company is making 440k a year off of the credit card processing alone they have over 4 mill value 115 preferred share holders and 500 investors. They have 0 debt
So I can sell the 145,000 common I have after the 13th if I already recieced my preferreds in the mail?
Can someone just explain how I can sell my current commons now that I have my preferred shares in my possession after the 13th isn't that my stake in the company
1 (604) 570-0758 have you called that number or received your own preferreds yet Or just speculating?
The only thing I do not understand is how after the 13th once you have preferred shares and they restructure.. How I can just take the 150,000 common shares I have now and sell them when that's the only stake I still have in the company: $3000 worth of preferred shares
If you simply research why companies give out preferred class D shares online it would explain that they do it to protect those interested in sticking with the company in the event of a restructure or merger. The process is extremely simple. The company has been around 25 years. NO DEBT... Accruing almost a half million dollars a year. They have 500 investors and 115 preferred share holders they want to give out dividends by October 13. They are doing this because they are expanding. They are acquiring long yield debt stock and quick yield debt to produce almost 700,000 additional in the next year and money from the property they purchased. Along with that they are joining up with another company. Period
CDFT has no debt and is bringing in. 440k a year and has a 4 million share holder value.. They are acquiring other businesses and restructuring with even more money behind it now. Stop just saying random speculation. This is not a bad company. They are obviously changing up. If you call the number 1 (604) 570-0758 you can hear their projected yearly income in the next few months.
The company is expanding. Gary has been living comfortably running a successful company for over 25
Years and now is taking it to the next level and expanding.
It's simple