Tag: Shimon Citron

EZTrader SEC filing
September 08, 2017 BY LeapRate Staff

Exclusive: Binary options broker EZTrader parent EZTD de-registers with the SEC, shares to be delisted

LeapRate Exclusive... LeapRate has learned that binary options brokerage group EZTD Inc (OTCMKTS:EZTD) has filed paperwork with the US Securities and Exchange Commission (SEC) indicating that it is terminating its registration with the SEC, effective immediately. Once formally not an SEC registrant, EZTD will no longer be eligible to have its shares listed on the over-the-counter…

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Shimon Citron
May 21, 2017 BY LeapRate Staff

Binary options broker EZTrader CEO Shimon Citron ousted in dispute with Chairman Gustavo Perrotta

LeapRate Exclusive... LeapRate has learned via regulatory filings that EZTrader founder and long-time CEO Shimon Citron has resigned from the company's publicly traded parent EZTD Inc (OTCMKTS:EZTD), following a several months long dispute with some of the company's board members and investors. Pursuant to the company’s bylaws, due to Mr. Citron’s resignation the entire Board…

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February 08, 2017 BY LeapRate Staff

Binary options broker EZTrader gets second tranche of $3M Yorkville Advisors investment

LeapRate Exclusive… LeapRate has learned from regulatory filings that binary options brokerage group EZTD Inc (OTCMKTS:EZTD) has received the second tranche of a $3 million equity investment made in the company by alternative investment firm Yorkville Advisors Global, LLC. The second tranche consisted of $2.2 million. We had reported on the first $800,000 tranche invested in EZTrader…

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January 09, 2017 BY LeapRate Staff

Binary options broker EZTrader raises first $3M of $11M Yorkville Advisors commitment – LeapRate Exclusive

LeapRate Exclusive... LeapRate has learned from regulatory filings that binary options brokerage group EZTD Inc (OTCMKTS:EZTD) has drawn down the first $3 million equity tranche from an $11 million investment commitment made to the company from alternative investment firm Yorkville Advisors Global, LLC. LeapRate had exclusively reported on the commitment made to EZTD by Yorkville in November. EZTD…

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November 18, 2016 BY LeapRate Staff

EZTrader.com has another tough quarter: $3.2 million Q3 loss, Going Concern doubt

LeapRate Exclusive... Another rough quarter at Binary Options brokerage group EZTD Inc (OTCMKTS:EZTD), which seems to somehow keeps raising more money to stay in business. LeapRate has learned from regulatory filings made in the U.S. that EZTD - which operates the EZTrader (at website eztrader.com), Global Option (globaloption.com) and EZinvest (ezinvest.com) binary options brands - sustained a…

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May 20, 2016 BY LeapRate Staff

Tough Q1 at EZTrader.com - $3.3 million loss, SEC Wells Notice, and $600,000 arbitration order

Binary options brokerage EZTD Inc (OTCMKTS:EZTD), parent company of CySEC regulated WGM Services Ltd which operates binary options brands EZtrader.com and EZinvest.com, reported its Q1 results showing a growing net loss and decreasing revenues, despite a large ramp-up in marketing spend. EZTD lost $3.3 million in Q1, a fairly large number given its Revenues in the quarter were…

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December 24, 2014 BY LeapRate Staff

EZTrader gets its CIF license back - official company statement

LeapRate Exclusive.... LeapRate has obtained the official company statement from EZTrader on the withdrawal of its CIF license suspension by CySEC. EZTrader's CIF license was suspended temporarily by Cyprus financial regulator CySEC in late November. CySEC removed EZTrader's suspension yesterday, stating that it has been satisfied that the company complied with the provisions of the Law. The…

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November 20, 2014 BY LeapRate Staff

CySEC suspends CIF license of binary options broker EZTrader.com

Cyprus financial regulator CySEC has taken measures to suspend the CIF license granted to WGM Services Ltd., parent of binary options broker EZTrader.com. EZTrader also owns and operates the GlobalOption.com and EZInvest.com brands, and the 888binary.com which targets the Chinese market. EZTrader reported revenues of $7.95 million for the first six months of 2014, but was…

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