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LOL who is the bone head that bought 100's of thousands of shares at .0049. Someone did that Fri too LMFAO and then it tanked back to normal pps.
Someone already tired that. Bought in a 003 and then right after that it tanked back to 0022.
All hail the Tripps!
Quote:That makes sense. So if I understand this correctly a company gets suspended because of suspected fraud but since no fraud is found they continue to trade in the greys 'till an MM picks them up and applies to have them trade back in the pinks.
That is not correct. The SEC has no power to do anything regarding the trading not matter the result. Even if the management is charged with fraud, and convicted, the stock will continue to trade since FITX is not an SEC registrant and the registration cannot be revoked.
Do not make the mistake in believing that since the stock is trading (even in the gray market) that the SEC is not investigating and/or have already found fraud. The trading of the stock on the gray market is completely independent of the fraud situation and investigation. Especially since SEC formal investigations can take up to 5 years to complete, and average 2 1/2 years until charges are filed from the date of the trading suspension.
Recently FITX announced the release of two energy drinks in the first quarter of 2016 so expect to see them in the next couple of weeks.
Unfortunately due to late filing (that has now been submitted) FITX was suspended from trading but opened back up on Friday. It is also now trading in the Grey market but with a good product launch of Giddy Up we should see us back in the Pinks.
Well after the CEN/FITX shareholders paid for the upgrades its actually now a real studio http://www.naftcstudios.com/ and ready to be rented out.
Now we know why Bill would never shows the inside, it was empty and they were retrofitting it with studio equipment.
Again what does CEN have? They never will get a license. They owe 10's of millions in debt. The property upgrades they paid for site one are now a movie studio and site 2 has a lien on it by Bill Chaaban.
Please explain to me what info would compel someone besides the long to buy CEN shares?
What does CEN have? What is CEN business model? They have to have one..
LOL please share with use CEN's future business plan. Besides millions in debt what does CEN have? Seriously what does CEN have? Except for a few websites with simple templates.
RE:
All I know is I'm still confused why anybody would sell with giddyup ready to launch
Yah James doesn't seem to have the balls to come clean with what has happened. He does have time to post AMEN memes on Facebook and remove posts asking what is up from the FITX FB page.
With what money?
RE:they follow through and are truthful
I and everyone but the longs must have missed that 2015 product launch party and 200,000 can order being received.
Keep adding millions you'll catch up to the FITX penny stock millionaires soon.
RE:we are launching 2 drinks this month
LOL where did they state that. It clearly says Planning to... which is typical FITX speak for follow the carrot. They were planning to a year ago. How those expired 200,000 cans doing?
If to you fine is loosing money and bag holding for years then your are a winner today.
Yes we all know that and its off to the greys and down the toilet.
But but the FB closed groups where Bill Chaaban posts and pumper boards say its just a simple misunderstanding and quick fix and the drink will launch by March 31st lol
It's amazing how people were given links to SEC's own info yet they ignore it and then stated the opposite is true. How deep do you have to be in this to be so wilfully blind?
Did you ignore all the info people posted here from the SEC. THE OTC filings/lawyer don't matter to SEC since FITX is no SEC registered.
I'm not gonna dig out the SEC page again but there is no auto restore when suspended.
LOL @ agendas. The only agenda here was Bill Chaaban walking away with millions of shareholders funds. Its amazing the you till hang on to a guy who took away your investment money. Seriously that is insane and the reason we are here. Reality tv has nothing on this ticker.
Notice Lynn Jetter he used her to pump Giddy Up with an Aug Launch. Then those tweets magically disappeared when she as connected to James.
License yet?
oh my bad sorry forgot, Drink Yet?
Yah lawyer letter issued by a lawyer who is convicted of being crooked, high quality management decision here.
FITX has a number of lawyers. Perhaps for this chore it would have chosen Morgan Petitti, who's listed as company counsel on its OTCMarkets profile page, and who provided the most recent attorney opinion letter to OTCMarkets. It's unclear how Petitti ended up working for FITX, given her background. She and her father, Roger Kimmel, were sued by the SEC in 2011 in connection with a fraudulent oil and gas exploration private placement that had been offered in 2008. The SEC charged Kimmel and others with drafting, reviewing, and distributing a materially misleading memorandum, and dinged Petitti for typing the copies that were given to investors. Petitti also acted as escrow agent for the offering proceeds. In the end, she was enjoined against violating anti-fraud laws, and fined $25,000, but not barred from practicing before the Commission.
Awesome FITX lawyer FITX has a number of lawyers. Perhaps for this chore it would have chosen Morgan Petitti, who's listed as company counsel on its OTCMarkets profile page, and who provided the most recent attorney opinion letter to OTCMarkets. It's unclear how Petitti ended up working for FITX, given her background. She and her father, Roger Kimmel, were sued by the SEC in 2011 in connection with a fraudulent oil and gas exploration private placement that had been offered in 2008. The SEC charged Kimmel and others with drafting, reviewing, and distributing a materially misleading memorandum, and dinged Petitti for typing the copies that were given to investors. Petitti also acted as escrow agent for the offering proceeds. In the end, she was enjoined against violating anti-fraud laws, and fined $25,000, but not barred from practicing before the Commission.
http://www.theotc.today/2014/05/another-marijuana-stock-that-could-give.html
Shouldn't they get a valid business license first?
Where does it say so? Is says "Planning to" not will be launching. Where are the drinks reflected in the financials?
LOL public company with $900 in the bank. Wonder if Snaple will take shares to can those drinks.
what does that have to do with Giddy Up
CEN Biotech CEO updates Shareholders yesterday on FITX Creative Edge Nutrition facebook page
The PR never said it will launch before March 31.
Well when all info on the company is negative what do you expect?
Well the 600,000KG of weed per year is what I was interested in. That's the biggest BS in history. I could do it out for you but CEN would require 40Acres + and 400,000 AMPS of power to grow that much weed.
Can you please enlighten me on where they would get 40+ acre sized building and a hydro electric damn to power the facility?
Not sure if you notice but FITX is dead.
so you got 699 shares less for every suspended 700 fitx shares
If you didn't get your shares you can leave your complaints here with out getting deleted https://www.facebook.com/pages/Creative-Edge-Nutrition-Inc-Corporate-Office/200129113499382?fref=ts
James is too busy removing posts from concerned share holders from the FITX FB page to write an explanation. Strangely he leaves the pump posts alone. How odd of him.