Friday, January 19, 2018 3:41:00 PM
Coin Citadel Announces Joint Venture in Bitcoin Industry
LOS ANGELES, CA -- December 12, 2017 -- InvestorsHub NewsWire -- Coin Citadel (USOTC:CCTL), announces that the company has signed a binding agreement with an existing cloud mining operation. Coin Citadel will offer a hosting service for crypto currency miners via its new division called "Coin Citadel Mining”. We have leased new office space for this joint venture as we expect significant growth to require expansion of the mining operation. Our intention is to take pictures of this new location and its mining operations so we can show our investors that this is not just a concept or an idea, but a real Bitcoin mining operation. With that said, we plan on releasing more details about this joint venture soon. We feel that this is a great opportunity and that the time is now to capitalize on the Digital Currency boom. With this strategic move we expect to increase our Bitcoin portfolio and see substantial revenue growth which should, in turn, add to shareholder value. We also want to be more transparent and, therefore, intend to complete all regulatory and financial filings necessary to bring CCTL into current status with OTC Markets. All of these actions will culminate with new management being put in place to replace current CEO, Bill Schaefer. The vision for Coin Citadel's future is as a holding company for additional, diverse revenue producing vehicles but with a main focus on the Digital Currency Industry.
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