Business NewsMarketWire • Citadel EFT, Inc. (CDFT) Announces Registration With the SEC by July 31, 2013 for All of the Common Shareholders Who Have Been Issued the Anti Dilutive 'C' & 'D' Preferred Securities

Citadel EFT, Inc. (CDFT) Announces Registration With the SEC by July 31, 2013 for All of the Common Shareholders Who Have Been Issued the Anti Dilutive 'C' & 'D' Preferred Securities

Citadel EFT, Inc. (CDFT) Announces Registration With the SEC by July 31, 2013 for All of the Common Shareholders Who Have Been Issued the Anti Dilutive 'C' & 'D' Preferred Securities

OCEANSIDE, CA--(Marketwired - Apr 22, 2013) -  Citadel EFT, Inc. (OTCQB: CDFT) CEO Gary DeRoos announces that Citadel EFT will be finally pursuing a registration statement for its shareholders who own the 'C' & 'D' Anti Dilutive Convertible Preferred Securities by July 31, 2013. The registration will be broad based and will include all of the common shareholders who provide CDFT with proof(s) of their cash investments in the open market. The Convertible Preferred 'C' & 'D' Securities are priced at $2.50 per share and the common securities will be priced accordingly, before then, to account for the registration statement. Citadel EFT will also be entertaining licensed underwriters to structure this process, which would coincide with the Company's up-list objectives.

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