Well like they said they could have already done an R/S and uplisted, which is true, but they are working on the balance sheet and retiring shares to not let an R/S happen to commons, so they are looking out for common shareholders which is the opposite of 99% of OTC stocks out there, I applaud them for that!
thanks Rich...I'll take that as a compliment...I guess.!..I don't know you well enough to know when you quit being tenacious, but you can always change back. I agree that he should quit getting advice from common shareholders...way too much bias on any advice from a common holder...imo........ btw...I believe they are trying to get to the AMEX, not the MYSE...but, at this point, does it really matter....
In my view and to the best of my knowledge, the next 2 PR's should be substantive to the point that there is no refutation that the workings inside of CDFT are no longer small-time musings/ramblings of hopes/dreams but massive CDFT action yielding concrete results advancing toward the goal of an AMEX listed BDC. That there is no doubt about calculable, qualitative, value added results.
At the time that Mr. DeRoos came to together with the Syndicate Trust, there was a plan or outline already in place. Taking care of the shareholders has and remains a company goal as has been stated repeatedly through past PR's. They have made themselves available to the investing public. That is their desire. To the best of my knowledge, this uncommon bond is not going to be dissolved.
CDFT appreciates any or all inquiries from its shareholders, and any further clarification of previous press releases or company objectives, management will always make themselves available.
The core business is being worked as never before in the history of the company as proven by the most recent additions to the BOD as noted in SEC 8K's this past week. If 1 man built the business we see today, that speaks volumes to his highly competent vision and legacy. Now, 2 additional visionaries have come to support a much bigger goal in a competitive field bringing their contacts and expertise. That is what we now see in the public view about the core business.
The Syndicate Trust, to the best of my knowledge, is the group of folks dedicated to expanding the scope of the public company's role, by buying reoccurring value.
"We have organically grown our business model and have successfully built revenue to the point that I am collecting a dividend from my Series 'A' Preferred, but in order for Citadel EFT to grow exponentially we want to raise money, with the sole purpose of accomplishing three (3) things:
- Create dividends for the stockholders; - Retained earnings for the public company; and - Management fees for the insiders
"To get it done, we have to be committed to buying companies in our space that already earn revenue, or real estate and/or securities that also earn an income. In this way, all of our stockholders benefit. The onus, now, is for the management team to deliver on its initiatives as we commence the Private Placements into Treasury from all interested parties, including our current stockholders and consultants. A US SEC FORM S-1 registration will follow the raise as we move forward to meet our objectives." Management believes that it's essential to expand the scope of the public company's role, by buying reoccurring value, and this is in-line with CDFT's objective to become a Business Development Corporation.
These 2 sides of the business, working in concert, both sides committed to building value to an already debt-free company, may surprise the entire market by overcoming all obstacles no matter how great or small. No matter what happens in the next 2 weeks, nothing like a circus will be connected with CDFT... to the best of my knowledge!!!