WhereDaily News: Citadel EFT, Inc. (CDFT) Rescinds All Agreements Related to SBLC and LTN's

OCEANSIDE, CA--(Marketwired - Mar 26, 2014) - Citadel EFT, Inc. (OTCQB: CDFT) ("Company"), a Wyoming Company, was informed on March 21, 2014, that the U.S. Securities and Exchange Commission (the "Commission") ordered a suspension on trading of its securities for a ten (10) day period ending on April 3, 2014. The suspension order was issued over the Commission's concerns regarding certain public announcements made over the period from January 2014 to the time of the suspension, including the filing of disclosure statements on Form 8 K, specifically relating to transactions regarding Stand By Letters of Credit ("SBLC") and certain Brazilian Letras Tesouro Nacional ("LTN") public bonds. Accordingly, the Company has rescinded all agreements related to the SBLC and LTN public bonds.

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