Coin Citadel Announces New Chief Executive Officer And Final Plan Of Acquisitions
May 10 2016 - 9:43AM
InvestorsHub NewsWire
Coin
Citadel Announces New Chief Executive Officer And Final Plan Of
Acquisitions
LOS
ANGELES, CA -- May 10, 2016 -- InvestorsHub NewsWire -- Coin
Citadel (OTC:CCTL) a
Holdings Company is very proud to announce the appointment of a
New Chief Executive Officer (CEO) and Bill Schaefer has agreed
to step down.
JAMES
D PULVER, CEO, President, OPS, Chairman
Mr.
Pulver is an entrepreneur, investor and business advisor to public
companies who has also assisted and created over thirty public
companies. He has assisted numerous companies acquire and / or
merge with other companies that have high yield profiles, as well
as assist “joint ventures” and other projects to raise capital and
be successful. He has funded many other companies and has the
sources and experience to accomplish any need in the markets today.
He served as the marketing director in consumer and professional
divisions for 14 years with the Eastman Kodak Company, where he
oversaw Quality Control in Manufacturing, Procurement and
Purchasing for scientists and engineers. He has been educated with
eight years of higher education in New York State and Florida at
M.C.C, R.I.T., U.C.F., and 0 H.C.C. under the specialized areas of
Law, Marketing and Sales.
My
first responsibility as Newly Appointed CEO is to add value to the
company and its shareholders, and at this time I would like to
announce Acquisitions of two assets in a Non-Dilutive Preferred
share transaction. These Asset purchases are right in line
with Coin Citadels current business model, and Ownership of 576
Bitcoins which are valued at $265,818,24 based off the
closing price of ($461.49) on May 9, 2016
www.coindesk.com
We
will be working hard to continue to add value to the company
through strategic Mergers and Acquisitions in the Bitcoin Industry,
as well as other opportunities as they arise, that’s why we have
changed our Business Description on OTCmarkets.com to Coin Citadel
is a Holdings Company currently focusing in the Bitcoin industry
through Mergers and Acquisitions."
As a
Holdings Company, we won’t limit ourselves to one industry, or
business, but want to be open to an array of opportunities as they
present themselves.
We
are committed to working on the company filings to bring Coin
Citadel to a current status with OTCmarketes.com, and set the tone
for company transparency for its current and potential
shareholders, we believe the more the company is an open book to
its shareholders, the more confidence investors
have.
This
is just the start there are exciting times ahead, We plan on
keeping shareholders regularly informed with business updates,
please look forward For further updates, news, and filings that
will be coming soon.
Forward-Looking Statement Any statements made in this
press release which are not historical facts contain certain
forward-looking statements; as such term is defined in the Private
Security Litigation Reform Act of 1995, concerning potential
developments affecting the business, prospects, financial condition
and other aspects of the company to which this release pertains.
The actual results of the specific items described in this release,
and the company's operations generally, may differ materially from
what is projected in such forward-looking statements. The company
disclaims any obligation to update information contained in any
forward-looking statement. This press release shall not be deemed a
general solicitation.
Contact:
James
Pulver, CEO
Coin Citadel (PK) (USOTC:CCTL)
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