Citadel EFT Inc (fka CDFT)

[Hokie]

you had to go bring up 8K's?...ok, I'll present it again....
10/31/12 8k filed for Art To Go purchase of " ATG sold all of its right, title and interest in and to that certain asset consisitng, of the formula and liquid product which is utilized in the acquisition, recovery, processing and refinement of heavy oil within the energy management and oil industry, including the production, sale, use and managemnent of such product (the "Asset"); and (ii) the Company shall issue to ATG 2,800,000 shares of its Preferred Series C stock ATG. "
http://www.sec.gov/Archives/edgar/data/1473971/000109181812000444/cdft103120128k.htm
with signed contract....PURCHASE AGREEMENT

http://www.sec.gov/Archives/edgar/data/1473971/000109181812000444/ex101.htm

there is nothing mentioned in the 8K, nor the signed PURCHASE AGREEMENT of any "Sports Memorabilia"...NOTHING!!....why not?...and don't tell me it's in the 10Q....the "Sports Memorabilia" is what the Doty Scott appraisal was based on, and entered on the balance sheet as assets, not the "oil formula", so I see this as a big mistake that needs to be corrected, or a big coverup....the 8K doesn't match the following 10Q....get my drift man....... where is the value of the "oil formula" reflected on the balance sheet?....they did make 2 purchases from Art To Go..remember... one for 2,800,000 shares of its Preferred Series C stock ...and another for ...On September 27, 2012, the Company entered into an asset purchase agreement with Art to Go, Inc., a New York corporation ("ATG"). ATG is a collector of Art, Entertainment and Sports Memorabilia. On October 24, 2012 the Company entered into a second asset purchase agreement with Art to Go, Inc. As a result of both asset purchase agreements, which have been consummated as of today, ATG sold to the Company over $10 Million of Sports and Entertainment memorabilia, in exchange for Series C preferred restricted stock. The Agreements are available to view at www.sec.gov .
http://www.sec.gov/Archives/edgar/data/1473971/000109181812000444/ex991.htm