Tuesday, March 31, 2015 7:34:18 AM
I am kind of curious what they do next. I really don't think they can go nutritional as they tried that and couldn’t get it off the ground.
What I do find interesting is the fact that not only did they file financials but they filed them before the due date. Very unusual for this group.
Once the volume drops, which it will once the MM’s get tired of trading it back and forth with one another, what happens? Let it go dormant? Shut it down? Try for a bankruptcy claiming they are a nutritional company?
I really don’t believe there are many retail purchases of FITX. I think most of it is traders and shorts. Always the sign of the end. Based on number of posts I think the only reason people this site is strictly for entertainment but that is dying as well.
I really wish Billy Bob would do something to liven it up a bit but I am afraid with the investigation he is gone, gone, gone. Maybe a couple of diehards posting under his name but I think he has hit the exit.
He handed this over to the new CEO in the end of December so his commitment is over and the BOD are nowhere to be found.
I think more than the pole barn is empty. The only thing left is cousin Jimmy and about $20M in debt. Even if you are serious about a nutritional company why take over one that has no products and all that debt when you could start a new one with no debt and be $20M ahead?
Just saying….
GLTA
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