SOURCE: Citadel EFT, Inc.

Citadel EFT, Inc.

November 02, 2011 09:00 ET

Citadel EFT, Inc. (CDFT) Announces Its Intent to Issue Shareholders Semi-Annual Cash Dividends

TUSTIN, CA--(Marketwire - Nov 2, 2011) - Citadel EFT, Inc. (OTCQB: CDFT) (PINKSHEETS: CDFT), a fully reporting US SEC Registered Company, which offers U.S. merchants credit card terminals and online, mail order and retail credit card processing services, announces today that the board of directors has agreed on the intent to issue semi-annual cash dividends to its shareholders.

Gary De Roos, CEO, Citadel EFT, said, "It is all about our shareholders. We can't be as successful as we would like to be without shareholder satisfaction. They believe in our company so we want to reward all of our faithful shareholders."

Citadel EFT's attorney's are working on the legal details in terms of the timing, as well as the placement and particulars of the dividend plan.

De Roos further states, "We had a very successful meeting at fsxone.com held in Coconut Grove, Florida on October 27, 2011. We met many investors, businesses, brokers and dealers and had a very successful presentation. We had very positive feedback on where we are going with our business model."

About Citadel EFT, Inc.

Based in Oceanside, CA, Citadel EFT, Inc., a fully reporting US SEC Registered Company, 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. Citadel EFT, Inc gives a $200 referral fee for each approved account. To learn more about Citadel EFT, Inc. please visit its website: http://www.citadelbankcard.com and/or http://www.citadelinvestorrelations.com.

Citadel EFT, Inc.'s recent corporate video:

http://www.youtube.com/watch?v=l6TAUsbhVEQ&feature=player_embedded

Citadel EFT, Inc. cautions that the statements made in this press release constitute forward-looking statements, and makes no 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
    (CEO)
    Phone: 714-730-8143
    Email Email Contact