Coin Citadel (CCTL)

[JohnnyRothrock]

CCTL:Bitcoin Paradigm Shift...it's like MJ after Colorado -



Bitcoin stocks have never really run, en masse, in pennyland. There have been spurts here and there and some individual stars, but nothing like the rush on MJ stocks and what happened after Colorado going legal, January 2014 - which in time sent what a hundred, two hundred lol MJ stocks on 200% + runs to 10,000%+ runs?

...well guess what? Here is a chance that again has fallen in our lap - us penny players -- for something like a penny market epic hot Sector run -- to happen again, because Bitcoins are right now like MJ before Colorado and January 1st, 2014 -- as you will soon read about. Bitcoins are becoming either 'legal' or being recognized and legitimized by countries and financial institutions around the world in the past several months, and in the U.S. - in less then two weeks the biggest stamp of approval of all possibly, will be by the SEC and the opening of the first Bitcoin ETF on Wall Street, which would trade under the ticker, 'COIN'.

Now whats exciting then for us in Pennyland, we once again like pre-Colorado and MJ stocks, find ourselves holding most of the cards of an incoming bull market for anything Bitcoin-stock related, as most of the Bitcoin stocks are penny stocks. Before Colorado there were MJ stocks and most all of them were in pennyland cause MJ hadnt had its 'legitimacy/legal' moment yet, so big money shied away from these tickers for years. Then January 2014 in Colorado happened and we have had, with ups and downs, a nomless then epic MJ bull market ever since still some 3 years later....

Even better though for those of us finding and investing in Bitcoin penny stocks now, is that there are so FEW Bitcoin stocks! There are now hundreds of MJ related stocks....but with Bitcoins, i find only about 10 at the most(!); there are even less Bitcoin stocks now then two years ago because the last Bitcoin downturn eliminated some startups already...leaving the few that we have. Meaning, that IF this Bitcoin Bull Stock Market does happen ...much of the money looking to invest in Bitcoin stocks will go into these few and moslty Bitcoin penny stocks! And some are still Trip Z or less then .002-! (...the gains to be had then could be massive in 2017...).

Isnt this all too, just spotting a national and worldwide trend early, and capitalizing on it before the masses who dont even know what the Penny Market is? I think so, just like those of us who bought MJ stocks in December, 2013. And The Market just started waking up to this last week....look at the pps runs so far of cnxs and btsc, then look at the very beggining of the pps run and huge volume spikes with bysd, mely and CCTL: guys, i think 'it' has begun....

----------------------

With CCTL, here we have a real Bitcoin company, that we know for a fact owns hundreds of Bitcoins, and may now even own thousands. Please see Page: 11 of their last Annual Report showing 576 Bitcoins owned giving CCTL $731,520 in basically cash liquid Assets now, and possibly $2,858,770 in cash liquid Assets if their below Bitcoin deal went through :

http://www.otcmarkets.com/ajax/showFinancialReportById.pdf?id=151105


Also in this Annual Reoprt, CCTL says right under the above listing of their Bitcoin Asset, that they intend to "aquire and develop a suitable business" ......then last Summer they PR about "acquisitions" to do with Bitcoins coming(!)...and now that Bitcoins becoming what they are worldwide and in U.S., isnt this the best time now for this?:

[b]LOS ANGELES, CA / ACCESSWIRE / May 16, 2016 / Coin "Citadel (CCTL), a holding company, is closing in on acquiring over $750,000 in Bitcoins. We are diligently working on finalizing a transaction for 1,675 Bitcoins which will bring our Bitcoin assets up to 2,251 Bitcoins and closer to a value of one million dollars USD. This will be a Non-dilutive preferred stock transaction. We are extremely excited to be in the Bitcoin Industry. We feel we are in the right place at the right time. We plan to announce more details of this transaction, as well as two additional asset acquisitions..."

https://finance.yahoo.com/news/coin-citadel-acquire-over-700-140000662.html


..and most excitedly of all, the CEO just opened a new company twitter page February 28th, making CCTL the Bitcoin penny stock that has had the most recent CEO communication to its shareholders...thus the excitement here; Bill is not going to waste this 'Colorado Moment'. He even gives out his number, and says that CCTL is basically NOT going to miss out on this new Bitcoin kraze going on-!:

This is $CCTL new Company twitter account if shareholders have any questions they may call 562-453-7643
1:09 PM · Feb 28, 2017

With Bitcoin prices at a all time high expect a company up date shortly $CCTL
12:40 PM · Feb 28, 2017


https://mobile.twitter.com/BillSchaefer70



Now quickly, here is the SS of CCTL - not too shabby..:

Market Value1
$1,107,488
a/o Mar 03, 2017

Authorized Shares
2,000,000,000
a/o Apr 28, 2016

Outstanding Shares
738,325,308
a/o Apr 28, 2016

Float
679,289,387
a/o Apr 28, 2016

Par Value
0.001

http://www.otcmarkets.com/stock/CCTL/profile


But wait....there is something else that stands out in CCTL's last Annual filing. Yes they have about $330,000 in long term debt, as in lol long term and wont all be asked for a once...or probably even in a whole year cause thats how long term debt is financed......(which the long term debt total btw in other penny stocks is often in the millions.....)....

CCTL has NO convertibles(!!!) So NO short term debt! And hasnt issued any toxic financing guys in 7 years - woooooo! See Page 4 of their Annual Filing:

Issuance History

"The company has not executed any securities offering, either public or private, since December, 2010."

http://www.otcmarkets.com/ajax/showFinancialReportById.pdf?id=151105



SO: look for a huge possible pps movement with CCTL in the coming days and weeks, based on many bullish and real asset factors: We got the responsive CEO just opening a company twitter account who knows the time is NOW; he's not going to let this Bitcoin 'Colorado Moment' slip by without capitalizing on it. We got an OS under a billion. We got no gaps to fill in the chart. We got 576 Bitcoins owned right now giving CCTL $730,000, and if they did buy the other Bitcoins last Summer: almost $3 million dollars worth (either way, that covers ALL the debt in the company....the $330,000 long term debt...but its long term so why do that when CEO can use it to grow into the HOT Bitcoin space?)...and what other penny stocks are essentially, taking all debt, still cash positive if they were too cash in some of their Bitcoins. And we got NO CONVERTIBLES, or TOXIC DEBT last reported - Yes!

So thats it for now....all this and there are only around 10 or so Bitcoin penny stocks(!): so if this is already one of the best based on the above, a lot of money might find its way into CCTL: why wouldnt it? Please verify this for yourself...try to find more then even 5 subpenny Bitcoin stocks actually in business that you would chance to throw money in.....i went over every post on the iHub 'Bitcoin Pennystocks' webpage, all the way to 2014 and post#1 and really only count maybe 5 that are currently in play that i could see being viable (if you find anymore lets us know), with to me, the most viable: mely, bysd and CCTL.

http://investorshub.advfn.com/BITCOIN-PENNYSTOCKS-27772/?NextStart=54

Also see all the tickers mentioned, and you will see that about half of them are already gone or no longer in Bitcoins....and then some are over a dollar pps. SO: ALL the money looking for Bitcoin penny stocks, incredibly may flow through 3 to i will even to be safe say 10 tickers!!?? (...insane in a worlwide Bitcoin Bull Market!)





...ok now the rest is for further reading and catching up on why exactly Bitcoin is going krazy this year, and why its great for stocks exactly like CCTL:


When things become legal or legitimized like MJ in 2014 even in one State...pandoras box opens...stocks in that Sector go nuts......and has for MJ penny stocks since.

For us here in the United States, the 'Colorado Moment' for Bitcoins will be March 11th, as when thats the SEC deadline is after 4 years to allow the first ETF on Wall Street mega fund to start trading (operated by billionaires the Winklevoss twins) under the ETF symbol 'COIN'. Then, there are also two other big bitcoin ETF's coming after that , backed by major Wall Street financiers and players.

--ETF's are that SPY ticker we see on CNBC screen all the time, and that QQQ one ....they are bigtime...and IF SEC lets this happen......Bitcoins pass a threshold of becoming legitimized by the US Federal Government, even more bullish then MJ by States. From Bloomberg:


"An approved ETF would make bitcoin investing simple for small traders and institutions....with a publicly traded ETF, small investors could just call their brokers or buy shares online.....while potentially boosting the digital currency just as it’s hitting new highs almost daily. Some $300 million could pour into a bitcoin ETF in its first week, Spencer Bogart, head of research at venture-capital investor Blockchain Capital, said in an interview.

“I’d be very surprised if it did anything but double from whatever levels it is at beforehand,” Bogart said."

https://www.bloomberg.com/news/articles/2017-03-02/winklevoss-twins-await-imminent-sec-decision-on-bitcoin-etf


And here is a series of recent SeekingAlpha.com Bitcoin articles, for you to quickly see whats going on - just in the United States(!):


Summary
U.S.-based Bitcoin ETFs are at the gate.

The Winklevoss COIN ETF came first, but the SolidX ETF is insured.

When gold ETFs were approved, gold's spot price tripled in 5 years.

ETFs are investment products that allows investors to more easily and cost effectively gain exposure to investable assets. There are two U.S.-based bitcoin ETFs currently under review by the SEC: the Winklevoss Bitcoin Trust ETF (COIN) from the Winklevoss brothers Tyler and Cameron, and the XBTC ETF from SolidX, a blockchain investment fund.
As Needham reported this week, the SEC has until March 11th to make a final decision on the COIN ETF. And if it is approved, Needham estimates $300M in assets will flow into the ETF in its first week.

Two additional data points indicate ETF approval will be very good for bitcoin's price and the legitimacy of cryptocurrencies as an asset class:

Number one: The Bitcoin Investment Trust, still the only U.S.-based exchange-listed product that tracks the underlying price of bitcoin, is trading at a 30% price premium over bitcoin today. This premium was as high as 60% in 2015. This means some investors in the world would rather pay 30-60% more to gain exposure to bitcoin through a regulated and institutionally managed investment vehicle. Oh, and GBTC has $200M in AUM.

Number two: When gold ETFs were first introduced in the mid-2000s, led by sponsors Benchmark Asset Management and Gold Bullion Securities, the gold spot price tripled within 5 years. Many more soon followed around the world. Having read through both the COIN and XBTC S-1 filings with the SEC, I thought a good way to help us understand them would be a comparison chart of important features. For the time-starved, here are the main differences:

http://seekingalpha.com/article/4037708-tale-2-bitcoin-etfs-coin-solidx


Another entry into Bitcoin ETF race
Jan. 20, 2017 1:22 PM ET|About: Bitcoin Investment Trust (GBTC)|By: Stephen Alpher, SA News Editor

Grayscale Investments has filed for the launch of the Bitcoin Investment Trust (OTCQX:GBTC) on the NYSE.
Already pending are offerings from Winklevoss Capital (Pending:COIN) and SoildX (XBTC).

http://seekingalpha.com/news/3236466-another-entry-bitcoin-etf-race


...then...here's a crazy concept but could come true: bitcoin replaces gold as international safe haven for money:

http://seekingalpha.com/article/4034287-will-bitcoin-replace-gold-bezeks-daily-briefing

http://economictimes.indiatimes.com/articleshow/57446968.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst


--- see all the latest SeekingAlpha.com Bitcoin articles on the rise of Bitcoin and this coming possible first bitcoin ETF in the last month on SeekingAlpha here:

http://seekingalpha.com/symbol/COIN/latest




Whats happening in the United States and Bitcoins, is just what is happening or already has, around the world: more and more people using Bitcoin:

"A large number of countries, not just in the West...have either adopted or are close to adopting virtual currency regulation in some form. These include China, Russia, Singapore and the Philippines, which issued guidelines for virtual currency exchanges as recently as January."

http://economictimes.indiatimes.com/small-biz/money/bitcoin-can-rbi-ignore-the-elephant-in-the-room/articleshow/57446968.cms



-- recently China tacitly 'approved' Bitcoins by NOT banning them...in this article China had no problem banning Google, FaceBook and Twitter (but not Bitcoins: huge):

http://seekingalpha.com/article/4047752-china-way-confirms-bitcoin


..maybe because Japan just legalized bitcoins! Japan goes 'live' with Bitcoins April 1st:

https://sputniknews.com/science/201702091050489451-bitcoin-legal-japan-strict-regulation/

https://news.bitcoin.com/countdown-bitcoin-legal-payment-japan-two-months/


Or, why not throw in the worlds second most populous country too, India? Just last Fall India demonetized its banking system, leading to another boost to bitcoins that will only get bigger(!):

"As per an analyst, "the cryptocurrency could be referred to as digital gold, as it shares many of the characteristics that makes the precious metal a great store of value." As a result, in 2016, when Chinese shares witnessed a tumultuous run, bitcoin prices scaled higher. India's demonetization in November 2016 also gave a boost to bitcoin trading volumes. The currency is also being fast accepted by big corporate houses."

http://seekingalpha.com/article/4050600-will-bitcoin-etf-see-light-day-march

http://www.cnbc.com/2016/11/15/india-rupee-restriction-boost-bitcoin-digital-currency.html


..the list goes on...and on. And will the growth stop? Doesnt seem likely as most people still dont even know what Bitcoin is, so the growth could continue for years as they slowly realize its potential as perhaps the safest currency, not effected by one countries internal problems or rise and fall. Also, anytime there is instability inside a country, which unfortunately is and probably will be often going forward - people of that country now know where to turn to when looking for a more stable currency then their own crumbling governments fiat currency: Bitcoins. The Greek debt crisis two years ago showed this, China yuan instability of late as well, and Venezuela about to collapse right now, well they all show this turn towards Bitcoins:

"Bloomberg echoed a similar sentiment, stating “Greece’s cash crisis is bitcoin’s boost."

"During the week of Feb. 18th (2017), trading (in China) on LocalBitcoins.com, a platform for peer-to-peer localized cryptocurrency trading, has grown exponentially. This increase is from about 6.6 mln yuan the week before to over 36 mln, an almost sixfold increase. This is a particularly noteworthy increase when compared with December’s average of under three mln and rarely over one mln a year ago.

Venezuela, meanwhile, has experienced a growth of LocalBitcoins trading of nearly tenfold over the last year as its citizens attempt to find economic relief in the middle of a crisis."

https://www.cryptocoinsnews.com/greece-debt-relief-bitcoin-breaks-770/

https://cointelegraph.com/news/bitcoin-price-climbs-up-as-p2p-bitcoin-trading-soars-in-china-venezuela