February 13, 2013 at 10:07 AM EST
Trader Newsletters Reports On Following Stocks

Tradersnewsletters.com, a leading online financial newsletter source, Reports on the following Companies: (OTCPINK:GMXS), (OTCPINK:ATYG), Citadel EFT, Inc's. (OTCQB:CDFT)

 

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Gemini Explorations Inc. (OTCPINK:GMXS), today provided an update regarding the Company's efforts to expand the land holdings of its La Tapada gold project. Beginning in May 2012, Gemini began negotiations with adjacent concession owners of its La Tapada gold project in an effort to expand its land holdings. The Company has been conducting due diligence on these concessions, which includes some preliminary sampling of the properties. Management is pleased to report that its efforts have been successful thus far and believes that Gemini will be in a position to issue letters of intent to acquire specific land holdings adjacent to La Tapada during the second quarter of this year.

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Racing Limos America, Inc., a subsidiary of Atlas Technology Group, Inc. (ATYG) (OTCPINK:ATYG), reviews 2012 and previews 2013. "2012 proved to be a very difficult and challenging year for the Company," stated Atlas CEO and Racing Limos America(TM) President James Albion. During the year, Racing Limos America(TM) had signed three franchisee "letters of intent" just to have two of them fall through and a third put on hold. In addition, the company suffered many financial struggles during the entire year. ATYG's struggles deepened as three funding contracts with three different groups ultimately faltered. In the middle of its struggles, ATYG President Tyler Libby decided to resign for personal reasons.

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Citadel EFT, Inc's. (OTCQB:CDFT) CEO Gary DeRoos announces that Doty Scott Enterprises has completed its evaluation of the assets that Citadel EFT acquired from "Art to Go, Inc.," on October 24, 2012. The entire evaluation will be available when the US SEC FORM 10-Q is released February14, 2013. In the meanwhile, the Company has provided, in this release, a summary of the valuation report from Mr. Scott, Doty Scott Enterprises. Mr. Scott found that the Company's "Fair Value," on a minority basis, to be $1,266,000 prior to the acquisition of the "Art to Go, Inc." inventory. His report estimated the fair market value of the Inventory assets acquired from 'Art to Go,' as of October 24, 2012, were $4,344,419. These assumptions and limiting conditions were based upon the quality, authenticity, and volatility of market conditions of what was believed to be slow moving inventory. Nonetheless, Citadel EFT's "Fair Value" would increase by the assets acquired, to a total of $5.61M. This, however, does not take into consideration the conversion of the Preferred 'C' Shares, which will be discounted in Citadel EFT 's next quarter due out February 14, 2013. The final discounted value will show up in CDFT's FORM 10-Q when Malone & Bailey completes the audit, and the entire report from Doty Scott will be available on US SEC EDGAR system, as well. Please be advised that the $5.61M figure will be discounted in this upcoming FORM 10-Q as a function of the fair market value of the Convertible Preferred C Shares.

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