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It only took me the span of 15 min and 2 days until I Recieved mail with the preferred shares
That is not true because I had to send them a copy of my transactions. Lets say I started with 10,000 in the company and sold $2000 out of the company. They only sent me $8000 worth of shares at $2.50 per share in this case 8000/2.5 is 3200 shares. 1 can be converted back to 100,000 common and then you will receive dividends on the rest
1 (604) 570-0758 called that number and spoke to jay king this morning.. Answered on the second ring
If you would call the company yourself then you'd understand there aren't 500 preferred share holders. There are 110.. And 500 regular share holders.
If you would call the company yourself then you'd understand there aren't 500 preferred share holders. There are 110.. And 500 regular share holders.
Once the preferred shares are Recieved nothing is done until told then we FedEx to the TA they sign it and covert it
This happens every time on this thing before a run. Watch a PR and well go to .001
I just don't understand why you are here then. Do you have some glimmer of hope for this company or are you waiting for it to get lower then .005 so you can catch another run or did you get preferred shares just incase
Good well then I just bought myself a very expensive piece of paper. I'm just some ignorant moron who would do this for no reason
By the end of this month they will be done
Everyone is acting so narrow minded with this company. They are not sitting here caring about the PPs with the stock right now because they are restructuring and acquiring other companies.. after the share structure changes by the end of this month you'll be looking at a completely different situation. They are converting preferred share holders so they have a 10-30 mill float with the restructure. There would be no reason for people to be throwing negative remarks about this stock for months and even current if there wasn't something to gain
Also someone on this board already spoke with the TA and they told them it would be no problem and I spoke with jay king on Thursday and this entire process will be done by the 23rd of the month. I do not know when 13 months comes into play
Just read up on this and you are able to issue preferred shares so if there is a restructuring it will protect those share holders. This usually occurs when there is going to be an acquisition (which there will be). So this is a good opportunity any way you look at it.
Yes you send your share purchase confirmations to citadeledtinc@gmail.com along with your address.. They will then send you a physical copy of your preferred D shares. For every $2.50 worth of shares you have, you will receive 1 preferred shares. Eventually you will be able to take 1 of your preferred shares and convert it back to 100,000 common shares. This will all be done by the end of the month (the retirement and restructuring). You can call the company and they will explain everything. They have about 110 preferred share holders and 550 investors in the company right now. They are looking to give the preferred share holders about a 30 mill share float..
I called them on Thursday. Was instructed to send in an email, I did and Friday received and email saying they were placing my preferred shares in the mail... Then just received them in the mail today so it only took me 2 business days
The company on the 13th is retiring shares and by the 23rd will be restructuring. They are acquiring assets and companies in debt and going to be expanding. They have over 550 investors and over 100 preferred share holders. Watch things change in the next 2 weeks
Attention guys, just sent my info in last Thursday, like I told you: Friday received an email from them saying they put my certificate for the preferred D stock. Today I just received my shares in the mail. Wow I'm excited. What a fast transaction. What's my next step
Has anyone received their preferred shares yet in the mail and remember how long it took approximately to get them
I'm converting my shares to preferred. After the 13th I can sell the shares I currently have then when I can convert 1 preferred to 100,000 that's more money to be made or just to sit on and let grow. Plus this company is going through major changes and has no debt. Their share holder value right now is at 4 million and their revenue every year is over 500k you can call 1 (604) 570-0758 and get all your questions answered
Excellent that is great news. I don't understand how people can have their doubts about this nothing to lose
Once you have your preferred shares.. Does the shares you have in your trading account covert or what do I do with this shares I have now. I heard that after the 13th we can just sell them through our account?
Just received an email back from CDFT this morning when I sent my shares in yesterday asking for the location in which I want my preferred shares sent... I'm filing early for my preferred
What is not to believe? Call the number yourself. I did it 1200 preferred shares up to (potentially) 3 shares can be converted to 100,000 depending on what happens
I converted my shares today. I simply went to my trading portfolio. Viewed all transactions of CDFT showing my order receipts. Saved them. Then attached in an email to citadeleftinc@gmail.com. They will send me a copy of a receipt of all the preferred shares I have converted. Then you will relieve a copy in the mail as well.
1 (604) 570-0758 call that number if you have any questions. I spoke with jay king on the phone for 10 minutes today and he explained everything.
Did the same thing today. Called 1 (604) 570-0758. I spoke instantly with Jay King. He told me everything they were planning on doing. Already many preferred shares have been sent out. They are rewarding those who have supported them. They did not say only 1 preferred share could potentially be converted to 100,000 common but he said they may potentially offer up to 3 convertible shares. This is going to happen very quickly. All questions were answered. I'm all in now. Currently share price is nothing
Just sent my trade confirmations in waiting for my preferred shares in the mail now. I'm telling you call this number: spoke directly to jay king 1 (604) 570-0758
1 (604) 570-0758 call this number. You will get all the information you need. I will be sending my email of preferred shares to citadeleftinc@gmail.com very shortly. Spoke on the phone for about 10 minutes everything was explained fully. Company is headed in great direction
I am trying to call now and do my switch to preferred shares. I just called that 1 (604) 570-0758 number and could not get in touch with anyone. Does anyone have the contact info
Can't wait for next week gonna be a major run we already got some major preferred bag holders trying to get some of mine done but not sure how
Yes I this was talked about I also had called NJ chains as well they told me they would look into getting the product.
Cannot post more then 1 per day.
Yes there is a reason to hold because the PPS will hold a higher value, people will see this company is doing what it said and the next step after that is pretty much the starting point ----> their goals for the rest of the year and possible business acquisitions. Plus at this time there will be such a large number of people holding preferred shares it will keep structure in this company
It is not that far off to get back to .01.. It's been holding at these levels for months, just need the excitement of the share retirement ---->> I know what the response will be.. "There have been 3 PRs and we've seen PPS shrink. Well there are many skeptics thinking this may not happen so they have time to play other stocks... However you will see the volume increase over the next two weeks and when the shares are actually retired this is geared for an easy run. Over the course of a couple of days the last run we had we went from .003-.01... Then in the span of hours had a run from .01-.027 then there was negative BS PR that was released then sent people away and kept this back in the .01-.015 range. Now we are shaking the tree of those who don't want to wait for a month in april so now we are around .008-.01. I still would call that growth
Going up over .01 today
.0005's coming back up
Agreed its logical
I completely agree. Makes sense. This is common sense and logical I don't understand how other people could argue about that like they are ignorant to what is about to happen
The reason why we saw a decline in PPS after the PRs about the share retirement is because people who were flipping the stock or got in on the run and wanted to get out sold off their shares. The people who are holding long have held this stock at around a cent. When this stock first started running and I was watching it it was a .003 stock. It made a huge move of over 150% and its held that: with no PRs and until more people who were driven away by the stock with negative PR etc the share price is going to be moving sideways pretty much like it has been doing until may 13... When the shares are actually retired and people see this is legitimate. It will run.
I am not in any way phased or questioning that this is going to move. I've been waiting for it and the time is coming. Once this company retires shares everyone will know they are serious and the Pps will go up. Then there will be a string of PRs. .10 is completely reasonable then you could have people selling out and maybe the PPS will decline a little and level off but at that point we will have many secured in investors. The share structure will be smaller and people will know this company is following through. It is a major moment for CDFT. It's completely reasonable. It has been trading sideways because there hasn't been news and the company wanted to cause anticipation which has been talked about in Conference calls and PRs.
That's what will happen it'll be the icing on the cake some people may be waiting for this moment for a long time and some may be taking it as an added bonus to their long term preferred shares but that is ok. A good ebb and flow of investors into this company is a healthy thing.
The share retirement is going to stir up some things and then the companies PRs at the same time showing that they are following through with everything they have said and it is a big step. When the shares are retired this stock should be around .10 it is undervalued now. This is something that has been talked about