SOURCE: Citadel EFT

Citadel EFT

February 20, 2013 10:00 ET

Citadel EFT, Inc. (CDFT) Announces CEO Gary DeRoos' Interview With Mr. Marek, of "The Stock Radio," Can Be Heard on www.thestockradio.com

OCEANSIDE, CA--(Marketwire - Feb 20, 2013) -  Citadel EFT, Inc.'s (OTCQB: CDFT) CEO Gary DeRoos can be heard on www.thestockradio.com explaining Citadel EFT's objectives. Citadel EFT invites all current or prospective shareholders to listen to the interview, as Gary DeRoos has rarely spoken publicly since the ongoing changes in the Company as of September 2012.

Gary DeRoos, CEO, Citadel EFT, states, "We have kept a relatively low profile in terms of management's communications efforts. This was by design, as our priority was eliminating the deficits in our capital structure and our balance sheet. The release of the last FORM 10-Q, the increase in net shareholders equity, and the meeting with the Directors of the NYSE Alternext have been all part of the master plan to move off the OTCQB. It is imperative that our actions speak on the balance sheet. No matter what attempts are made to undermine Citadel EFT's efforts in the open marketplace, we will be resolute and vigilant to protect the interests of the company and its shareholders. To that end, our Advisory Board will expand to allow room for existing common shareholders, who are not affiliates to the Company. These additions ensure more transparency with our growing shareholder base, and should give a voice to the common shareholder in CDFT."

About Citadel EFT, Inc:

Based in Oceanside, CA, Citadel EFT, Inc. provides credit card merchant account services to retailers, mail order companies and online service providers. The Company provides a free terminal to the business owner and charges no yearly fees, monthly minimums, statement, or address verification fees. Citadel markets its services directly and also through resellers, http://www.credit-card-processing.com

FORWARD-LOOKING STATEMENT

CDFT cautions that the 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 the projections in the forward-looking statements. Forward-looking statements are based on the estimates and opinions of management at the time the statements are made.

Contact Information

  • Contact:
    Gary DeRoos
    714-423-0701