That was a good week. We found our support and are holding steady, this is now ready for the next move up in a week or two. Exciting times ahead for CDFT.

More buyers will come with good news, that's how it works here on the OTC market.

Someone's loading up on these cheapies down here. I can almost hear the fuse burning; next week should be exciting.

We're at a substantially higher PPS than we were only 2 months ago. Sure, I'd like to see some higher volume but this is trading at around the same volume that we were seeing right before the last 2 runs. Low volume and holding above .01 means that the MM's aren't having any luck trying to shake shares from the longs anymore, we are holding strong. Look at a 3 month chart, you'll notice that right before the last 2 runs the PPS leveled out for a week or two and volume dropped to .5M-1.5M shares traded per day. This stock is finding some stable ground and getting ready for the next push upwards IMO.

Exactly. I'd love to see a steady growth of their card services client base from here on out. Expand the core business which is already proven to generate income and add other assets when it's feasible to do so.

Go look at a 3 month chart. Just do it. The week or two before each of the last 2 runs had extremely low volume and then all of a sudden, when the run began, there was an explosion in volume. Just look at the charts and you'll see a pattern developing here.

I'm looking forward not only to the purchase of more income producing properties, but also possibly running a larger/more comprehensive marketing campaign for their core business to bring in a significant number of new clients.

Yeah, it's nice to see someone with some good marketing experience on the board.

I agree. I think the flurry of press releases we had during the last run was a test designed to let the execs see just how much news they could put out there in a short period of time before it stops affecting the share price or momentum. With that done they'll likely let the stock 'recover', so to speak, from the 'overdose' of PR's. From here on out I expect we'll see a more reasonable rate of PR publication at the most opportune moments. Of course, all of this is just idle speculation on my part but it is how I'd do it if I was in charge.

If it's being held here so that the 'big boys' can acumulate then that is a very good sign -- it means that we're due for a nice run in the near future.

A narrow channel? We opened at .012, the day's range so far is .01-.0145. An approximately 40% price fluctuation (from LOD to HOD) is narrow now? That seems pretty volatile to me. Lots of the 'big boy stocks' don't see that kind of price fluctuation over an entire year.

Okay then, Virgin Islands it is. Loving the support between .002-.003, these are great PPS levels for a run into the pennies.

I only have one question concerning this next run... Puerto Rico or the Virgin Islands?

How long have you been trading penny stocks Pit? Everyone knows that stocks in OTC land jump with good news and then retrace a bit before their next move. This is a function of low share price coupled with daytraders looking for a quick buck who have no interest in holding any stock for the long term; the inherent value/worth of a company at these PPS levels isn't really relevant in the short term because the share price is so easy to manipulate with just a few thousand $'s but it will get there eventually because the market always corrects itself to represent the 'real value' of a company when given the time to do so. The fact that we're holding steady at around .01 is pretty amazing considering the PPS was 1/5 of that only a couple months ago. This is a good sign and shows that support for this stock is still WAY up when compared to where it was just before the last run. CDFT longs will be rewarded if they have patience IMO.

This isn't some 'get rich quick' scheme. The company's CEO has laid out a long-term plan and is following it. We have lots of communication between the company execs and common shareholders as well as news of an impending common share retirement and promises of more acquisitions in the future. The CEO is doing all of this in an attempt to increase shareholder value and make his company more attractive to investors. This is a very exciting time to be a CDFT shareholder.

I've been holding this stock for a few months here, averaged down where I could, and am happy with my current holdings. I've seen a lot of talk about this Level 5 beverage company which is nice and all, but that side of MINE still has quite a ways to go before any products are released and it starts actually producing revenue. On the other hand, I've heard very little about the other side of MINE, which is the energy production company that has exclusive rights to 2 hydro projects which is what I'm much more interested in. Does anyone have any more info on these projects? Have they started surveying these areas and begun to acquire the property that'll be necessary to initiate this project or are these projects 'on hold' for now? I know that large hydro projects can take MANY years to actually get to the construction stage but some more information on where we currently stand would be appreciated. Is this a company that regularly communicates directly with their shareholders? Could I email/call them and expect a response?

Well this is a little disappointing, but we're still quite a ways up from the low point we hit in January. It's just too easy to manipulate a stock when we're in this pricerange and the MM's are doing just that. I don't know what this stock will do in the short term but I think the longs will be rewarded in the months to come. More acquisitions and the retirement of 70% of DeRoos's common stock will push the PPS much higher than these levels. I just wish I had sold when we were in the .02's so that I could double my position at these levels but I really don't want to be chasing this thing down the runway when it finally takes off. This stock is trading WELL below 'book value' so I'm not worried about this pullback; we'll start moving up again at some point.

Honestly I'd rather DeRoos retire his shares when this thing is moving upwards already to add to the momentum. Let as many shorts as possible get out now so they don't try to stall the next breakout like they did on the 19th with that bogus PR.

Still holding long and strong here, these price fluctuations are just MM's playing games trying to take your shares. Look at how far this has come since the 1st half of January; a little pullback is to be expected. Once this stock gets its feet back under it we will see another big run. When DeRoos retires ~70% of his common shares the shorts will be in the burn unit and the sky's the limit for anyone who's long here. If you have money left in your account then it's a great time to pick up some more shares, otherwise just ride this turbulence out.

It was part of the shareholder vote, it passed along with all the other proposals. Read the press release that came out on Feb 7th, it's mentioned in there.


This is from the 1st sticky post, listing what all was voted on in the shareholder vote. All of these proposals passed:

1. AN AMENDMENT TO THE COMPANY'S CERTIFICATE OF INCORPORATION CHANGING THE COMPANY'S NAME FROM MICRON ENVIRO SYSTEMS, INC. TO BRITANNIA MINING, INC.
2. A REVERSE STOCK SPLIT OF THE COMMON STOCK OF THE COMPANY IN A RATIO OF ONE (1) NEW SHARE FOR EACH SIXTY (60) SHARES OWNED, SUBJECT TO ROUNDING UP IN CERTAIN CIRCUMSTANCES.
3. AN AMENDMENT TO THE COMPANY'S CERTIFICATE OF INCORPORATION DECREASING THE COMPANY'S AUTHORIZED CAPITAL STOCK TO 601,000,000 SHARES FROM ITS PRESENT 1,801,000,000 SHARES.
4. THE ISSUANCE OF AN AGGREGATE OF 160,000,000 (POST-SPLIT) SHARES OF COMMON STOCK OF THE COMPANY TO THE SHAREHOLDERS OF BRITANNIA MINING, LTD. PURSUANT TO THE PLAN OF MERGER.

Huge day yesterday with CDFT share price rallying after a (fallacious) bad press release came out. Pulled back less than %15 today on lower volume and closed at $.02 which is still up over 400% from less than a month ago. No debt, profitable business that's been around for decades, an extremely low float, huge portion of O/S will be retired soon, and a CEO that's laid out a solid plan for AMEX uplisting and is FOLLOWING THROUGH ON EVERYTHING HE HAS PROMISED SHAREHOLDERS SO FAR. It doesn't get any better than this here in OTC land; I'll drink to that.

Good thing I'm running Linux

The idiosyncracies and loopholes of the stock market never cease to amaze me. When someone buys a share from a naked short sell (which doesn't actually even exist) how does that work? Does the buyer not have any idea that they bought something that's not real?

It's been months since the last PR... How much longer are they going to make us wait?

I worked for a small PR company for a little while, it only costs about $100/mo to have an account with these internet press release companies where you can write and publish your own PR's with whatever you want in them. Anyone can do it so it's not like Sharp even had to fork out that much money for this release.. if he already had an account then it cost him nothing.

Picked up 50k more shares at .018, gonna sell them at .025... I need some grocery money this week. Still holding long on the bulk of my shares.

It looks like old news to me. Do you think someone just posted another press release about it in an attempt to knock the PPS down a bit and short/accumulate?

Uh oh, this just in..

Private Investor Files Lawsuit Against Citadel EFT, Inc.


SAN DIEGO, Feb. 19, 2013 (GLOBE NEWSWIRE) -- A private investor and former shareholder of Citadel EFT, Inc. ("Citadel") (OTCQB:CDFT), has filed a civil action for Fraud, Negligent Misrepresentation, violation of California Corporations Code Section 25400, and violations of the California Business and Professions Codes 17200 (Unfair Business Practices) and 17500 (False Advertising) against the Company, its CEO, Gary DeRoos, Attorney Diane Dalmy, BuzzBahn, LLC and Nancy Figueiredo, a principal of BuzzBahn, LLC. The Complaint was filed by George Sharp in the San Diego County Division of California Superior Court (Case No. . 37-2013-00034768-CU-FR-CTL) on February 13, 2013.

In his complaint, Mr. Sharp states that the Defendants were deliberately deceptive when issuing false and misleading press releases for the singular purpose of selling insider-owned stock into the marketplace. Mr. Sharp also details an elaborate scheme to illegally issue Form S-8 stock to BuzzBahn, Inc., through its agent, Nancy Figueiredo, as payment for stock promotion services. Mr. Sharp alleges that BuzzBahn was retained in order to assist in the creation of a false marketplace for Citadel stock. Indeed, an email promotion campaign of Citadel began on the very day that the issuance of the Form S-8 stock was filed with the SEC.

According to the United States Securities and Exchange Commission, Form S-8 stock, which is immediately free-trading. may be issued to consultants, provided that,

"the services are not in connection with the offer or sale of securities in a capital-raising transaction, and do not directly or indirectly promote or maintain a market for the registrant's securities."

Attorney Diane Dalmy, who acted as Citadel's corporate counsel at the time, issued an opinion letter which was filed concurrently with the Form S-8. In that letter, she stated that, in her opinion, the Form S-8 was properly filed and that, "the issuance of the Shares will not be a violation of any prohibitions of the rules and regulations pertaining to S-8." Ms. Dalmy is well known for working on reverse mergers and writing opinion letters on behalf of dozens of public companies traded on the OTC Markets, which have been the subject of Pump & Dump schemes. Since September 25, 2009, Dalmy has been prohibited from providing Attorney letters or legal opinions to the OTC Markets.

Mr. Sharp also expressed concerns for future purchasers of Citadel shares, as participants in ruthless Pump & Dump schemes account for hundreds of millions of dollars in investor losses each year.

Mr. Sharp notes that while Citadel was initially provided notice of this litigation on February 13, 2013, and responded to him by email, the company made no effort to notify its shareholders.

Mr. Sharp holds no interest in Citadel shares. Follow this lawsuit at www.sharp-v-cdft.info. Get instant updates by following Mr. Sharp at www.twitter.com/goniffs.

Read more: http://www.benzinga.com/pressreleases/13/02/g3345623/private-investor-files-lawsuit-against-citadel-eft-inc#ixzz2LMwT7qEc

Does anyone know what time the DeRoos interview is going to be up on thestockradio.com tomorrow? I can't wait to hear more good news coming straight from the CEO's mouth.

Alright, etrade must not be up to speed on that. I agree, that is still VERY low down here in sub-pennyland.

What's the float on this stock? 91M volume is crazy for a stock with only 126M OS. Hopefully this means we're getting ready to take off.

Whoops.. What I meant to say was Go $CDFT!!!

To reach a $2.00 PPS for AMEX uplist I think we're going to have to have a reverse split here at some point. This doesn't worry me because we'll also need a $50M market cap which is 25X the current market cap. This means that even with a R/S we're still going to make gains of 20X or more on any investment at this level if things stay on track for the AMEX uplist. Glad I bought in at .0019 a while back, I just wish I had bought more back then. Go $MSVS!!!!

Wow, those .0075's didn't last long AT ALL. This thing is really moving.

These .0016's I picked up a few weeks ago are looking pretty good today. Hopefully we'll see pennyland by the end of the day.

Seems like this will hold steady on relatively low volume until the investors' packets come out with more information about the merger & voting instructions. Whether pps will go up or down after that is pure speculation at this point. There's a lot of uncertainty about what will happen with this merger -- what % MSVS shareholders will get of the new company, will there be a freeze placed on common stocks and if so for how long after the merger, what will further surveying say about Brittania and MSVS's mineral holdings, how quickly Brittania expects to start producing ore from these holdings, etc. One thing is certain though; this stock will MOVE one way or the other very soon and the time to place your bets is now.

Made 25% in under a month and got out clean on this, first profit of the new year for me. Good luck to everyone still holding.

I wonder what the share structure will be like after the merger? The only thing MSVS really has are rights to some gold claims that they will lose next year if they don't start working on them soon. From what I've read, MSVS has no income, no cash on hand, next to no employees, and several hundred thousand dollars of debt. Brittania might be hoping to find a significant amount of gold on MSVS's claims but there really hasn't been anything done in the way of thorough surveys on these claims -to my knowledge- so any interest Brittania has in MSVS appears to be purely speculative. Because of this, I don't think MSVS shareholders will get a very big slice of the pie when/if a merger goes through. I loaded up on 500k shares in the .004's just in case but I'm not as optimistic as some of the others on this board who think we'll see share prices soar to .20+ after a merger. Either way, we won't know anything for a few more weeks so we'll just have to wait and see how things turn out. Just some food for thought; if I've made any erroneous assumptions/conclusions then feel free to correct me.