Coin Citadel (CCTL)

[Starlost]

CORRECTION OF AN ERROR
Not included in the 2020 Q1 financials are the previously referenced Bitcoin buys of 513 BTC (circa 2014) and the conflicting 576 BTC (circa 2016) as seen and carried over from previous managements reports. As of Q1 2020 current management has yet to receive any company (CCTL) books, statements, bank info, property, assets or proof of any Bitcon holdings from old management. All previous financial reports 2018 and 2019 were mostly reconstructed from previous reports filed by Coin Citadel and old CEO Bill Schaefer. Without substantive proof of current Bitcoin holdings still held by old management, or that a loss was incurred from an unusual event and or negligent action by prior management due to lost access to private keys and or wallets, or Bitcoin was sold and previous sale was never disclosed to new management, Coin Citadel cannot continue to reference the aforementioned Bitcoin Treasury in its financials moving forward

Accountants Note
Cash from old CEO Bill Schaefer's and or interim CEO James Pulver's 2017 stock sales of 1.8 Billion common shares in the estimated amount of $724k were never accounted for in transition to new CEO in 2019. A prior period adjustment is required to correct the error in the current period. Therefore, this adjustment does not affect current period net income.

Ahh, good ol' Tom! That's a knee slapper!! Ah geez, sorry shareholders, sorry OTC, sorry SEC, the financials I have been reporting to you over the past 2.5 years regarding the bitcoin holding and the cash on hand, well..that was an ERROR. Not my fault. I was just a parrot of Bill Schaefer. He told me what to put in the financials. I don't have a brain or a mind of my own. I never thought to first check the numbers to see if they were correct. I never bothered to ask for any form of certification as to bitcoin holding and even the $742,000 cash in the company! Aww shucks!!! It was all Bill's fault! He did it!

What a sham. Tom is such a douchebag!