Citadel EFT, Inc. (PINK:CDFT) stock got yesterday its heaviest trading volume ever for some yet unknown reason. In the evening, it became clear, however, that a promoter has been engaged to raise further the awareness for the stock today. 
CDFT closed the last trading session at $0.08, reporting thus a 14.29% increase in the share price from the previous session. As mentioned, the trading activity was unseen in the entire trading history of that illiquid stock – 274,350 shares changed hands during the session. The driving force behind this unexpected move is yet to come out, but we can point out one potential reason for another rise in the share price and the trading volume in the upcoming session.
Yesterday evening, we received a promotional e-mail which presents CDFT as an “Explosive Stock” alert and focuses mainly on the low price of the stock as a good reason for huge gains on an even slight increase in the volume. The compensation disclaimer says that the promoter has been compensated with $12,500 for the distribution of that information, while as paying party has been given “a third party Citadel EFT, Inc.”, suggesting the company paid itself to have its own stock promoted.
Latest important news from Citadel EFT came out at the beginning of October. Then, the company announced in a press release that its Board of Directors had approved a stock buyback program of up to $400,000 for every fiscal year. There is no 8-K to confirm that decision, while CDFT latest financial reports shows the company has by far no cash at hand to implement it.
