Coin Citadel to Acquire over $700, 000 in Bitcoins
May 16 2016 - 10:00AM
InvestorsHub NewsWire
Coin
Citadel to Acquire over $700, 000 in
Bitcoins
LOS
ANGELES, CA -- May 16, 2016 -- InvestorsHub NewsWire -- Coin
Citadel (OTC:CCTL), a
holding company, is closing in on acquiring over $750,000 in
Bitcoins. We are diligently working on finalizing a
transaction for 1,675 Bitcoins which will bring our Bitcoin
assets up to 2,251 Bitcoins and closer to a value of one million
dollars USD. This will be a Non-dilutive preferred stock
transaction. We are extremely excited to be in the Bitcoin
Industry. We feel we are in the right place at the right
time. We plan to announce more details of this transaction,
as well as two additional asset acquisitions, later this
week,
New
CEO James Pulver stated, "As I said in our last press release, my
job is to add value to the company, and to take advantage of
opportunities like this. The more prudent acquisitions we make, and
assets we have, the more valuable our company will be. With
this Bitcoin asset, we will have over $1 million dollars in
Bitcoins to complement our new upcoming acquisitions. With
everything falling into place we feel we are moving forward in the
right direction.”
We
would also like to update shareholders, as well as working on
getting the company back to a current status on OTCmarkets.com. We
want to open other lines of communication with shareholders,
through social media such as Twitter, and
Facebook.
Please be on the lookout for news, filings, and other
updates coming shortly.
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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