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GUYS, serious opinions please. I'm a shareholder here. I've contemplating buying more. Here is my concern. In April, the company wants to increase AS from 1 billion to 4 billion shares. My question is this. Do you think Russ has plans for a RS, and do you think that is partly why they want to raise AS? This article below is what got me thinking about this. Companies trading on OTC QB/QX are having more strict guidelines put in place, including having to trade over a penny. I think we can certainly get there without any kind of RS, but I'm just trying to put the new OTC guidelines with the company's desire to increase AS. Has anyone asked Russ about any potential for RS??? Here's the article:
http://mobile.reuters.com/article/idUSL1N0MN13N20140326?irpc=932
Thx...
PMBS
Correct zoning was in place from day 1. That's partly why they chose this location. It is a ZERO issue. Listen to the AB interview. These details are explained very clearly and slowly for you.
FITX
Looks like the big door of building #1 is wide open and there appear to be several electrician and other trade vans in the drive way. Wonder what they could possibly be doing inside that building:)...
FITX
Thanks bud, member marked you for all the great real DD. That's "Real" DD, as opposed to the 85% of nonsense posted here. The same nonsense that flooded the PHO* board before it took off as well. We all see how that worked out for them lol...
FITX
I'm guessing they're betting on a drop due to the coming vote in April for increasing AS from 1 to 4 billion shares. I'm a shareholder here, but that concern is the only thing that's preventing me from buying more. If it drops down significantly I'll consider buying more, but I'm just not sure what to expect if AS does increase to 4 billion. I realize that it doesn't always mean dilution, and can be used for other things such as acquisitions, but I'm just not sure what to think yet. Thoughts?
PMBS
Exactly. Opinions based purely on integrity, honesty, and objectively weighing risk vs. reward from data analysis go a long way, and I feel my money was well spent for AB's service. You won't find those factors in 85% of posts here...
FITX
Good luck with that strategy. Momo will be slowly and steadily swinging to the upside as we head into and through April. By the way, the injunction is a temporary issue which will have zero impact on FITX in my opinion. Reasons have been pointed out why it will actually benefit FITX, if anything, but won't be a negative impact. People need to focus on the big picture, not the small irrelevant details along the way...
FITX
1st, you should make sure you have the right year, such as 2013 for example. 2nd, you should understand most P+Ds are orchestrated by larger trader groups for their own profit. 3rd, you should realize this whole "P+D" issue has been talked and way too much and dismissed as well. 4th, you should research this website you linked to and do more DD on it...then you'll realize it's purpose a bit better.
FITX
It appears someone has suddenly had an epiphany that the FITX share price is dirt cheap, and literally being given away. I suspect we'll be seeing many more of those as we head through April, and especially when Bill announces license approval when all the fence-sitters finally get it too. Grabbed another nice chunk today myself...
FITX
Yeah, that would make total sense seeing that RXNB was the plaintiff bringing the suit. Umm, keep trying.
FITX
dadx4, it was great being a mod with you (until they kicked me off lol). Thanks for your help here. Prayers to you and your family my brotha. I wish you the best, but I certainly hope we continue to see you popping in here from time to time. We're just getting started here, finally:). Been a long strange trip since the LBGE days for sure!
FITX
Great news. Lawsuit issue was a minor disagreement, as predicted, and now resolved. Lots of wasted time here over the weekend over it. FULL STEAM AHEAD...
FITX
Don, I agree with you. However, the variable is going to depend on more details regarding the private financing deal, as well as the litigation issues. Those clarifications apparently are going to be released this week, and my sense is that all is good in both regards. If they release the info Monday morning then chances of a significant dip will be much less. If nothing is released until Tuesday or Wednesday, I suspect we'll have a good chance of getting cheaper shares because of so much baseless fear mongering surrounding the stock (which I see is a good sign of coming breakout, by the way; PHO* was just as bad before they took off). I agree that most shareholders seem to be very skittish here and sell out of their shares very easily, which is unfortunate for them, but I will admit is fortunate for me and others with common sense enough to see that this project is quickly headed toward completion and success despite all the those who want it to fail. I was very much hoping for one more significant drop, and if it's going to happen, I think this is the last week we'll see that opportunity. After this week as we head into April, the price will steadily (and hopefully slowly) increase until we hit mid April which I suspect will then start really moving up, but good chance that'll happen sooner. I have no doubt that they will obtain their grow license from health Canada. Even the conservative MMJ stock analyst Alan Brockstein says he is confident they will receive the license. To think otherwise and trade according to those erroneous thoughts is simply asking to lose out on a big gain opportunity..all in my opinion, if course. Good luck my friend...
FITX
I don't know the specifics of patent ownership in all of these deals. I would think that Sam would be the owner of them rather than anyone else, but I'm only speculating. What I do know is we'll be growing MASS amounts of medical marijuana which is all that matters, regardless of who owns the patents.
FITX
Most likely something minor such as the patents. Notice FITX is named nowhere in the lawsuit, only the trusts, as well as RXNB run by Sam. My suspicion is the PHOT and FITX deal is still in place and this is some disagreement about patents, who is allowed to utilize or know details about the patents, revenue from patents, etc. Maybe Sam wants to protect his patents from being used by other companies which PHOT has ventured with as well. The PHOT deal wasn't even supposed to kick into gear until after licensure, so the private funding announced Fri was likely to continue the build out to obtain licensure. Just throwing out ideas since it appears that the PHOT and FITX deal itself has not changed from what the posts have said on FB. Bottom line, most likely disagreements over some intricate details regarding patents or related issues, but no effect on the long term goals or success here.
FITX
I completely agree with you. Read my post again, and particularly the post I was responding to. It was meant as pure sarcasm.
FITX
Yep, very good sign. It's a buy signal for me, which is exactly what I did Friday.
FITX
You're right, there has been no progress whatsoever in the last 2 years with Cenergy products, nor in the last 1 year since announcing entrance into MMJ sector lol. #wow #really?
FITX
Agree, AB said the same thing.
FITX
Works perfectly fine for me as of 1 second ago. I hope he keeps the riff- raff out, we have enough of that here that we have to sift through and ignore.
FITX
Fully agree. It will only be a temporary measure anyway until the system is up and running efficiently. There are still major concerns of not enough MMJ being produced yet as well. Further, the majority of medical cannabis users are going to want to obtain strains with known CBD % for different ailments rather than having to bother with growing themselves for a multitude of reasons. The only ones that have an extension to grow their own must already have a license to do so. Overall, a nonissue for FITX, and like you said, more of a benefit to give them time to catch up to the others. AB mentioned the same thing...
FITX
Facebook posts are copied and pasted in my last post a few down. You can see them there.
My suspicion is both companies will be perfectly fine and continue on their successful paths. FITX and PHOT shareholders will be more than fine regardless of what happens here. My suspicion is people are blowing the whole thing out of proportion to what it probably is. Sounds like the deal with Growlife is still on and the private financing was a very good deal for the company according to Bill's FB posts as below. From what I understood, the PHOT deal doesn't even kick in until after licensure, so I believe this private funding was basically to cover the build out to obtain licensure, and then the PHOT deal would kick in. We'll have to see how it plays out, but regardless, FITX will continue on it's path of dominance, as will PHOT, and there is still no evidence the deal is off. This is likely something minor such as a patent disagreement or something along those lines...
Bill Cenergy
We have secured adequate funding which is a very good deal for the company. Details will be released next week. The execution of our build out, our business model and our goal for licensure is on schedule.
Edited · Like · 13 · 2 hours ago
Bill Cenergy
David absolutely there is still a deal in place with Growlife.
Edited · Like · 5 · 49 minutes ago
Bill Cenergy
We will be seeking licensure with building no. 1. We are NOT waiting for building no. 2. Everything is on schedule for the end of April. This project is funded.
Like · 25 · 10 hours ago
Creative Edge Nutrition, Inc.
We have secured adequate funding for our project.. We continue on schedule and the lawsuit will not slow down our progress or our schedule for licensure.
Like · 2 · 2 hours ago
You have it backwards man. Read the defendant and plaintiff lines again.
FITX
Agree. He actually seemed very relieved by the possibility of the deal being off if they would now own 100% of CEN-Bio with private financing. We just don't have enough details yet. Looking forward to hearing more of the nitty gritty details...
FITX
Nice find. If it turns out FITX will now own 100% of CEN-Biotech instead of 75% with our private financing, that will be HUGE for FITX. AB also mentioned that sentiment today...
FITX
Let us know if you remember where you saw it. I would love to see a link confirming that.
PMBS
The market really likes this news. I just bought more too...
FITX
It's a mystery I have yet to figure out as well. They will be growing a fraction of what FITX is, not exporting like FITX is, and will be trading on TSX (so much less investor/trader availability) at a much higher pps with much less revenue potential (whenever the ipo actually becomes available, which will likely be delayed). If that makes sense to them, they can can have at it lol:)...
FITX
Thanks for that great clarification! Makes perfect sense...
PMBS
WOW! Solid legit company with products already on shelves of big chain stores + MMJ/CBD entrance = boomage. Wish I would have loaded those .002s!!!
PMBS
Wow, some are really getting hard up for new material and facts now. Gets more desperate every day lol. Good luck.
FITX
Looks like a lil gappa this mornin. Still holding out hope for 1 last dip into the 08s, but unfortunately I think that is becoming less of a possibility each day as we move towards April...
FITX
"The products that no one can buy"...as in the ones that were outselling half of all products on the mecca and largest supplement store bodybuilding.com in Feb?
So are these imaginary below even though I ordered them without any problems, and have been buying and using the products for the last couple years? Tell me more on how this is all fabricated and the company has made zero progress over the last 2 years, lol. What a joke. Talk about holes in a story...
FITX
With such a dramatic drop in the float, this is gonna move soooooooo fast! Like butta!
PMBS
Wow! Very telling. This is gonna pop soon for sure if that's true!
PMBS
Could you direct me to where I can find his email address? Thanks!
PMBS
No I never said that. What I said was I have no concerns and that if you want to have these concerns and conspiracy theories on the sidelines as we move upwards, go for it. CEO is planning on uplisting after May and becoming current. Zero concerns here.
FITX