It's Time to Step Aside From CCTL and PLFM, Mr. Schaefer
Initially Posted: July 20, 2018 6:10 a.m. PDT Last Updated: August 6, 2018 7:20 a.m. PDT
August 6, 2018 Update: On August 2, 2018, OTC Markets Group informed Bill Schaefer that his access to the OTCIQ filing portal has been terminated and that applications for access by him or companies associated with him no longer be accepted.
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In my capacity as a whistleblower in the OTC Markets, I have come across many players posing as management across many tickers. Invariably, these tickers suffer similar fates, i.e. run ups, usually the result of pump and dump campaigns and then dormancy, once the campaign exhausts itself, having relieved shareholders of their value.
One such repeat player is Bill Schaefer. Mr. Schaefer has been attached to countless tickers including PAPT, GRDO, SNXG, CCTL, PLFM, ABVG and several others. Currently, it appears that SNTX, another ticker with Schaefer connections, is getting ready for yet another fleecing of pending shareholders.
I say enough is enough, Mr. Schaefer.
On June 26th, I sent two letters to Mr. Schaefer and his counsel of choice, Vic Devlaeminck, informing them of my intent to file litigation seeking to have the Board of Directors of Coin Citadel (CCTL) and Platforms Wireless (PLFM) with my slates. Understand that I have no desire to run these companies, but will be available to advise them should the new Boards be interested in my services.
Below is a copy of the letter regarding CCTL. The PLFM letter is almost an exact duplicate.
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