UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

~~November~~February 1211, ~~2013~~2014 Date of Report (Date of earliest event reported)

CITADEL EFT, INC.

(Exact name of registrant as specified in its charter)

	Nevada	333-164882	80-0473573
	Wyoming	333-164882	80-0473573
(State or other jurisdiction of incorporation)		(Commission File Number)	(IRS Employer Identification No.)



825 College Blvd., Suite 102. Oceanside, California		92057
(Address of principal executive offices)		(Zip Code)

(714) 423-0701

Registrant’s telephone number, including area code

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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SECTION ~~5. CORPORATE~~8 ~~GOVERNANCE~~– ~~AND~~OTHER ~~MANAGEMENT~~EVENTS

ITEM 58.0201 ~~Departure~~Other ~~of Directors or Certain Officers: Election of Directors; Appointment of Certain Officers; and Compensatory Arrangement of Certain Officers~~Events.

On ~~November~~February 2011, ~~2013~~2014, ~~the Registrant,~~ Citadel EFT, Inc., ~~a Nevada corporation~~ (the “"Company”") ~~accepted~~received ~~the~~proof ~~resignation~~ of ~~one~~funds ~~its~~from ~~Board~~escrow ofagent ~~Director’s,~~The ~~Joseph~~Law ~~Edward~~Offices ~~Riad. Effective~~of onDavid ~~November~~F. ~~20,~~Michail ~~2013,~~showing ~~the~~a ~~Board~~deposit ofinto ~~Directors~~escrow of ~~Citadel EFT Inc.~~$1, ~~a Nevada corporation (the "Company")~~000,000. ~~accepted~~These ~~the~~funds ~~resignation~~were ~~from~~posted ~~Joseph~~to ~~Riad~~provide as a ~~member~~"Standby ofLetter ~~the Board~~ of ~~Directors~~Credit" of(SBLC) ~~the~~provider ~~Company. Mr. Riad's resignation did not result from any disagreement~~ with ~~the~~proof ~~Company~~of oravailable ~~its policies~~funds..

OnA ~~November 12~~$200, ~~2013~~000,000.00 ~~the~~(Two ~~Registrant~~Hundred ~~and~~Million ~~the~~USD) ~~Joseph~~SBLC ~~Riad~~will be issued, ~~nullified~~upon the ~~Asset~~satisfaction ~~Purchase~~of ~~Agreement~~the ~~dated~~necessary ~~July 22~~documentation, ~~2013,~~by asa itbank, ~~relates~~transferred toand ~~five~~monetized ~~(5) bonds being acquired~~ by ~~the~~an ~~Registrant. Both~~active ~~parties~~3rd party ~~have~~credit ~~agreed~~facility tolocated ~~place~~here ~~themselves back~~ in the ~~same~~United ~~position~~States aswith toa ~~prior~~US toBank ~~the~~The ~~Asset~~Company’s ~~Purchase~~earlier ~~Agreement~~announcement ~~dated~~relating ~~July 22, 2013. All of the securities that were~~ to besuch ~~forwarded~~SBLC toincluded ~~Joseph~~conditions ~~Riad, shall be forwarded back to the Registrant and all of the bonds~~ that ~~were~~had tonot ~~be acquired by the Registrant, have~~ been ~~retained~~met byin Mrfull. ~~Riad.~~

~~The~~Written ~~Registrant~~proof ~~was informed by their accounting firm, that the value~~ of the ~~asset~~deposited isfunds ~~zero and 100% impaired. The accounting firm stated that until there~~ is ~~evidence~~attached ~~that~~hereto ~~the~~as ~~United~~Exhibit ~~States Treasury Department will redeem the bonds, at any value, the value of the asset is zero~~10. ~~The accounting firm stated that this procedure adheres to generally accepted accounting principles~~1. The bonds will be recorded 100% impaired on the Registrant’s Form 10k report since the transaction took place in the last quarter of the Registrant’s fiscal year. In the first quarter audit of the Registrant’s new fiscal year, the transaction will be deleted on the balance sheet completely.

SECTION 9 – FINANCIAL STATEMENTS AND EXHIBITS

Item 9.01- Financial Statements and Exhibits

(a) Financial Statements of Business Acquired.

Not applicable.

(b) Pro forma Financial Information.

Not applicable.

(c) Shell Company Transaction.

Not applicable.

(d) Exhibits.

None


Exhibit No.	Description
10.1	Written Proof of Funds from The Law Offices of David F. Michail
99.1	Press Release published on February 11, 2014

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

CITADEL EFT, INC. DATE: ~~November~~February 2512, ~~2013~~2014 /s/ Gary DeRoss Name: Gary DeRoos Title: President/Chief Executive Officer

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