Why hasn't Pillsworth done as he stated and posted on the website about the CE and why it was placed on CCTL. Pillsworth has been the CEO of CCTL for over 5 years.
"Coin Citadel (CCTL)
@CoinCitadelCCTL
Mar 31
Attorney letter will be uploaded this first coming week of April. Updates on all company operations and deals will also be given. Form 211 review is in process, and contents will also be added to company web page for transparency. To include CE and why it was put in place."
It has been 45 days and still nothing.
"Coin Citadel (CCTL)
@CoinCitadelCCTL
Feb 1
Investor Update
- Form 211 has been forwarded to MM, review pending"
That has been 3-1/2 months since Pillsworth said the 211 had been sent to the MM and I guess the review is still pending.
"If CCTL declares itself a shell, then being in pink status and fully filing compliant, then there is no reason to keep the CE designation, which would then, likely be removed, as it wouldn't be a public concern anymore."
The CE has been in place for over 2 years - there is obviously more to the CE than Pillsworth stating CCTL is a shell company.
After Pillsworth filed the Annual Report the OTCM listed CCTL as a "Shell Risk" - which means the OTCM doesn't believe anything that Pillsworth files.
"Shell Risk
The Shell Risk designation indicates that a company displays characteristics common to Shell Companies. This designation is made at OTC Markets’ sole and absolute discretion based on an analysis of the company’s annual financial data and may differ from issuers’ self-reported shell classifications in their own public filings. Our analysis evaluates asset composition, operational expenditures, and income related metrics. No action is required by a company to perform the evaluation other than publishing current annual financial information."
Pillsworth is allergic to providing truthful information.
IG
"The Hour Between Dog and Wolf"
