Citadel EFT Announces Deadline for Preferred Conversions to Common Stock.
02 Julio 2013 - 1:08PM
Marketwired
Citadel EFT, Inc. (OTCQB: CDFTD) announces that all Convertible
Preferred 'C' & 'D' stockholders must send in their payments
and associated information, by the end of business, Thursday, July
11, 2013, so that the preferred securities can be converted into
restricted common stock by the Transfer Agent. Citadel EFT will be
providing the transfer agent (TA) with an issuance resolution, on
behalf of each preferred stockholder, so that the common securities
are printed, countersigned and mailed. We expect to meet our
deadline to register these securities once the deadline passes, and
the TA issues the common stock.
Gary DeRoss, CEO, Citadel EFT, Inc., states, "We appreciate the
shareholders timely response to this Corporate request on this
submittal, so that we can get these new common stock issued as
quickly as possible. We are going to follow through with the
registration of these securities, so it is imperative that we set
deadlines to meet our objectives."
Management requests that the all information required by Island
Stock Transfer be sent to citadeleftinc@gmail.com so the Company
can expedite the issuance resolutions and impending
registration.
For further information about this conversion process, address
all questions and emails to Citadel EFT; citadeleftinc@gmail.com
and/or 714-423-0701
FORWARD-LOOKING STATEMENT: CDFT cautions that statements made in
this press release constitute forward-looking statements, and not
guarantees of future performance, and actual results or
developments may differ materially from projections in the
forward-looking statements. Forward-looking statements are based on
estimates and opinions of management at the time the statements are
made.
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Contact: Gary DeRoos 714-423-0701 Email Contact
http://www.credit-card-processing.com
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