InvestorsHub Logo
Followers 13
Posts 1037
Boards Moderated 0
Alias Born 07/09/2014

Re: None

Sunday, 08/31/2014 10:47:52 PM

Sunday, August 31, 2014 10:47:52 PM

Post# of 194796
Bahige Bill Chaaban, current CEO of FITX, filed form 144 on 08/14/2014, to sell 14,122,950 shares. On 08/16/2014, the following article was posted on official FITX Facebook page http://m.theglobeandmail.com/report-on-business/high-hopes-investors-take-aim-at-canadas-marijuana-industry/article20085181/?service=mobile in which Chaaban states he expects license by the end of this month. End of this month is right here and Chaaban has done it again, posting misleading information onto Facebook page without a single word of verifying info in the article. As anyone who followed this stock from mid August can see, daily trading volume stayed low and it was becoming obvious what is true now that license is not coming by the end of this month. Then, imo, in order to divert attention from the hyping which was misleading and enable easier dumping of his/ their shares, Chaaban released the latest PR on 08/25/2014 regarding pre-license inspection completion of site #1 which brought volume over 60 million shares. glta