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You mean panic buying because the CEO is flying to NY to meet at the Wall Street Journal office for an interview tomorrow morning, probably the first penny stock CEO to do that? Yeah, I'd agree with that panic buying coming down the road. It's unfortunate to see when people pick the wrong stock to short, gets ugly fast. Good luck to you and your group...
FITX
Fully agree, especially after the Wall Street Journal interview tomorrow morning. Bigger whales eyes will then be upon us and awareness is spreading fast. Just grabbed another 10g worth under a dime. These prices are ridiculously low for what's coming. Too good of a price for me to pass up. This is the first penny stock I've continued to average up on and on and on...
FITX
It was in reference to your other favorite stock:). You gotta admit, that interview was impressive!
FYI, Fidelity is a flat $7.95 with no additional charges, fees, or commissions. I think they're the best for penny stocks. Buy or sell as many shares at a time as you want for that flat fee. Buy as low subpenny as you want, doesn't matter. You just have to tell them you want your account "coded for penny stocks". I've had zero complaints, customer service is awesome, and their ActiveTraderPro platform is really good...
FITX
ULTIMATE DD FOR BOTH FITX BUSINESS SUBSIDIARIES!!!:
I. COMPANY SUMMARY OF FITX: (Most up to date DD section follows summary below.)
Creative Edge Nutrition (FITX) is the umbrella holding company. They are based in Madison Heights, Michigan. The company vision has been to build by organic growth and strategic acquisitions in a "vertical integration" strategy, for the purpose of quickly increasing revenue streams for company growth, while cutting out middle man costs. Revenue brought in from all subsidiary revenue streams listed below comes into the umbrella company, FITX. Bill Chaaban (CEO), has repeatedly stated, "There are NO current plans for a reverse split or an increase in authorized or outstanding shares. We are exploring the share buy back options." This was again publicly stated 2/2/14.
Under the FITX umbrella, there are 2 primary business subsidiaries:
1) CEN-BIOTECH:
This subsidiary is involved in production and distribution of medical marijuana, and is based in Lakeshore, Ontario, just outside Windsor in Canada. FITX is one of the very few true "MMJ" stocks which will actually produce the marijuana, as opposed to most other that are involved with other derivative aspects of the marijuana such as CBD extracts, CBD research, edibles, smoking or growing devices, etc. Basically, these other "MMJ" revolve and exist around the actual product (marijuana) that we will be producing in MASS quantity. Their 85,000 square foot buildings with multiple floors and 10.3 acre production facility is expected to have the capacity to produce up to 1.3 million pounds of dried medical marijuana annually for Canadian distribution, as well as planned export to multiple legal countries. FITX expects to generate revenue of $20 million in the 1st 12 months of operations, and $100 million/year by the 5th year of operations. FITX plans to grow 50 strains of marijuana, from seeds sourced in Canada, Mexico and Colombia. The website is CENBIOTECHINC.COM.
2) CENERGY NUTRITION:
This subsidiary is our personalized sports supplement nutritional line. Cenergy products are sold on the biggest online supplement stores including Amazon, Bodybuilding.com, GNC, Europa Sports, Prosource, NutritionExpress, multiple others, and getting great reviews with rapid movement up the bodybuilding.com product popularity charts. Our products out sell more than HALF of the 418 products sold on the biggest online supplement store, bodybuilding.com (#189 as of 2/4/14). The website is CENERGYNUTRITION.COM.
-->Notably, Leonard Armenta serves as Vice President of Brand Management & Marketing. Prior to joining Cenergy in 2013, he served as the Chief Operating Officer and later, Executive Vice President of MusclePharm (MSLP). He was instrumental in MusclePharm becoming one of the leading U.S. nutritional brands with massive growth and revenues, and he was responsible for placing MusclePharm into the largest US distributors and in over 35 International countries.
-->We sponsor several MMA fighters (who continue to win with Cenergy plastered on their shorts), an NFL player, and several fitness models. The supplement side of this company is a tremendous asset to us, and will continue to be.
-->As part of Cenergy Nutrition, there is also a "Cenergy Natural" line. One is a premium grade Hemp Protein supplement line at HEMPNORTHAMERICA.COM, and the other is a premium Chia Seed based supplement line at CHIANORTHAMERICA.COM.
II. As part of the strategic acquisitions and vertical integration strategy discussed above, FITX made multiple company acquisitions:
1) 4 active revenue-generating online nutritional supplement stores: SUPPLEMENTSTOGO.COM, A-Z-NUTRITION.COM, WORLDCLASSNUTRITION.COM, CHESAPEAKENUTRACEUTICALS.COM. If you go to these sites, at the top you'll see they are owned by Creative Edge Nutrition (FITX). These additional websites not only give us revenue from our own Cenergy line, but also revenue from selling all the major supplement and bodybuilding brands out there.
2) 3 active revenue-generating brands/companies: SCIENCE DEFINED NUTRITION (makes the popular Rogue sports nutrition supplement line), SCI-FIT, NATURE'S SCIENCE.
3) 3 active revenue-generating "Canadian Nutrition Superstores", which consist of brick and mortar nutritional supplement stores in Canada, selling all the major supplement and bodybuilding brands.
4) Seeds R Us Inc., which imports and distributes nutritious seeds such as chia seeds. Many of these seeds such as chia are incorporated into our products.
5) SCD Enterprises, LLC
6) Innovative Fulfillment Corp, which was an already profitable company producing sales.
7) The CEO hinted at continuing this vertical integration strategy recently on the official company Facebook page 1/22/14: "New exciting targets for acquisition. GO FITX !!! Time to implement the vertical integration model for the medical cannabis sector."
https://www.facebook.com/creativeedgenutrition
III. SUMMARY OF FITX HISTORICAL PROGRESS AND OUR CEO:
The building of FITX up to this point has been carried out strategically in a very small amount of time in a business sense. Let me outline why in 4 generalized points:
1) Bill Chaaban didn't become CEO until April 2012. Prior to this, we had no products or business. Everything before this, including the reverse merger into the LBGE shell in 2011, is now irrelevant history and the shell has been cleaned up. History begins when he became CEO. When he came on board, we had an idea for a single product, Metabolic Xtreme, but nothing tangible. He has put an impressive team together with 4 attorneys (Bill himself is a licensed attorney and dual citizen in both US and Canada), doctors, and scientists.
2) From day one, Bill described his long term plan of vertical integration and strategic acquisitions to not only build organically, bring in instant revenue streams to fund future company projects (obviously CEN-Biotech has been the major one), as well as build long term shareholder value. I have outlined these strategic acquisitions and vertical integration strategies above.
3) Only 1 year and 9 months later, the Cenergy line now has multiple products selling on multiple websites. Cenergy products are sold on the biggest online supplement stores including Amazon, Bodybuilding.com, GNC, Europa Sports, Prosource, NutritionExpress, multiple others, and getting great reviews with rapid movement up the bodybuilding.com product popularity charts. Our products out sell more than HALF of the 418 products sold on the biggest online supplement store, bodybuilding.com (#189 as of 2/4/14). THIS IS MAJOR PROGRESS.
4) On 3/25/13 FITX announced it's entrance into the medical marijuana industry. Here we are now, only 9 months later and we have made tremendous progress thus far in a VERY SHORT time period, which has catapulted us into a leading position in this new multi-billion dollar industry of medical marijuana:
-FITX has caught the eye of the soon to be booming medical marijuana industry, and were invited to present at the ArcView meeting 1/23/14. Arcview is the largest angel investor/private investor network in this space. This group has been featured on the front page of Fortune Magazine, and interviewed on major financial stations. They don't allow just any company to present at their meetings. They are hand picked.
-We have The Town Of Lakeshore Mayor, Former Canadian Provincial Minister Of Trade, President and CEO of the WindsorEssex Economic Development Corporation, and Royal Canadian Mounted Police backing us. No other publicly traded MMJ companies have this perfect set up. We also have the land, existing buildings, and building permits/plans for expansion as weather will allow to progress. Our CEO is installing live video feed of the ongoing building. We received the "Ready to Build" letter from Health Canada in November 2013. On 1/9/14, we received Health Canada's approval of tracking compliance by utilizing a new state-of-the-art M3Hub Seed to Sale Tracking platform with our partner, EDXC, which meets and exceeds Health Canada's tracking compliance thresholds. We are only awaiting the final license from Health Canada, pending inspection of the finished build-out, projected to be done in April. Then the grow operation will begin.
-FITX is actively involved with advancing the medical marijuana bills in Michigan, involved with the local government, and has hired lobbyists to assist in this. FITX has announced that they are poised to be a leader in the Michigan medical cannabis industry as legalization becomes reality.
-FITX has formed a strategic partnership with PHOT (officially approved by 88% shareholder vote 2/7/14) and EDXC. FITX + PHOT + EDXC = the foundation of a legacy company. PHOT extended partnership with FSPM on 2/4/14 for a new line of professional components co-branded under FusionPharm's PharmPod™ brand name and GrowLife's Stealth Grow™ line of equipment raising speculation of FITX utilizing the new technology in their grow operation. This is setting up to be a historical building block in this new medical cannabis industry, and sets up this group team to be leaders in it. Pictures of Bill Chaaban (FITX CEO) and Sterling Scott (PHOT CEO) can be seen here, as well as Bill wearing a PHOT hat recently:
https://www.facebook.com/photo.php?fbid=327797630685253&set=a.308064585991891.1073741826.115224738609211&type=1&theater
https://www.facebook.com/photo.php?fbid=328494360615580&set=pcb.328494460615570&type=1&theater
-We are represented by the 2013 PR Agency of the year, 5W. They work for a huge list of household name celebrities and companies (such as McDonald's, GQ, 1800 Tequila, Barne's & Noble, Microsoft MSN, Welch's, Cold-EEZE, IHOP, Wyndham, Snoop Dogg, Pam Anderson to name a few). This company doesn't take on just some typical "penny stock" company. Proof of this can be seen on the 5W website, where Creative Edge Nutrition is listed under the "Healthcare" category as seen below:
http://www.5wpr.com/clients/index.cfm
-JIM CRAMER of MAD MONEY tweeted out articles discussing FITX + PHOT on 2/10/14 (this article talks specifically and only about FITX), 1/31/14, 2/3/14! (I believe this is the first time he ever tweeted or discussed a penny stock)!
https://twitter.com/jimcramer/status/432948368202272768
https://twitter.com/jimcramer/status/429248453907329024
https://twitter.com/jimcramer/status/430463643978063872
-Bill Chaaban (CEO) made a recent business trip to Humboldt County and the Emerald Triangle in CA, and he stated that there was "Business for Creative". This suggests MASSIVE things to come. For those that aren't familar with the marijuana subculture, Humboldt county and the Emerald Triangle have always been the Mecca of marijuana grow ops and the best grown marijuana. If CEN-Biotech is working with ANYONE in this area, this will be a HUGE development! These were the tweets:
2/7/14: Day 1 in the Emerald Triangle has been amazing! It's my personal goal for the "next" deal to top the previous one!
https://www.facebook.com/creativeedgenutrition/posts/333294203468929
2/6/14: Another trip... Humboldt County here we come .....
https://www.facebook.com/creativeedgenutrition/posts/333071073491242
IV. UPDATED RECENT DD:
1) MEDICINAL MARIJUANA SUBSIDIARY (CEN-BIOTECH):
Bill Chaaban is scheduled for an interview in NY in the Wall Street Journal office this Wed, 2/12/14. Article (and major exposure) forthcoming!
2/10/14: "420 Investor" founder Alan Brochstein's 2 hour interview with Bill Chaaban, CEO of Creative Edge Nutrition (FITX) to discuss the CEN Biotech project in Windsor. He also discusses partners GrowLife (PHOT) and Endexx (EDXC).
http://marketfy.com/product/420investor/lessons/816/view/40147/
2/10/14: Super Grow Cannabis Facility Launched by Makers of Aminoplex. (JIM CRAMER of MAD MONEY TWEETED THIS ARTICLE OUT as linked to above)
http://www.mainstreet.com/article/small-business/super-grow-cannabis-facility-launched-makers-aminoplex
2/10/14: Creative Edge Races From Sports Nutrition to Pot Producer. The Street (Jim Cramer's site) interviews CEO Bill Chaaban.
http://www.thestreet.com/_yahoo/video/12327056/creative-edge-races-from-sports-nutrition-to-pot-producer.html?cm_ven=YAHOOV&cm_cat=FREE&cm_ite=NA&s=1
2/10/14: CEN Biotech Inc. (FITX) Accelerates build-out of the World’s Largest and Most Advanced Legal Cannabis Production Facility.
http://finance.yahoo.com/news/cen-biotech-inc-fitx-accelerates-120000617.html
2/7/14: $12M medical marijuana investment made near Windsor, Ontario. CEN Biotech hopes to be up and running in 7 months.
http://www.cbc.ca/news/canada/windsor/12m-medical-marijuana-investment-made-near-windsor-ont-1.2487036
2/7/14: The Cannabis Financial Network Highlights CEN BioTech, Inc. in Video interview.
http://www.marketwatch.com/story/the-cannabis-financial-network-highlights-cen-biotech-inc-in-video-interview-2014-02-07?reflink=MW_news_stmp
2/6/14: 3 Marijuana Stocks with Potentially Strong Niches: Medbox, Inc. (MDBX), Creative Edge Nutrition Inc. (FITX), Medical Marijuana Inc. (MJNA).
http://www.marketwatch.com/story/3-marijuana-stocks-with-potentially-strong-niches-medbox-inc-otc-pink-mdbx-creative-edge-nutrition-incs-otc-pink-fitx-medical-marijuana-inc-otc-pink-mjna-2014-02-06
2/6/14: 4 Stocks Winning Canada’s Medical Marijuana Market.
http://wallstcheatsheet.com/stocks/4-stocks-winning-canadas-medical-marijuana-market.html/?a=viewall
2/6/14: Madison Heights firm eyes Canadian cannabis commerce.
http://www.freep.com/article/20140206/BUSINESS06/302060025
2/5/14: Cannabis Financial Network Executive Interview with Bill Chaaban, CEO of Creative Edge Nutrition (FITX), from TDM Financial:
In this episode we will be talking to Mr. Bill Chaaban, President and CEO of Creative Edge Nutrition, a publicly traded company in the legal cannabis sector which trades under ticker symbol FITX. Mr. Chaaban discusses the company's partially owned subsidiary, CEN Biotech. CEN Biotech, Inc. was established in 2013 as a partially owned subsidiary of Creative Edge Nutrition (FITX) for the sole purpose of supplying the Canadian public with pharmaceutical-grade medical cannabis under the newly established Marihuana for Medical Purposes Regulations (MMPR) CEN Biotech Inc. has submitted a comprehensive application to become a licensed producer (LP) of dried marihuana for medicinal purposes and has received a ready-to-build approval from Health Canada.
http://vimeo.com/85940052
2/5/14: 4 Marijuana Penny-Stocks Inch toward Becoming Players: Creative Edge Nutrition Inc.'s (OTC Pink: FITX), Growlife Inc. (OTCBB: PHOT), Cannabis Science Inc. (NASDAQ OTC: CBIS), Hemp Inc. (OTCPINK: HEMP):
http://www.otcmarkets.com/news/otc-market-headline?id=15810256
2/3/14: CEN Biotech Inc. (FITX) Clarification on Ownership of the World's Largest and Most Advanced Legal Cannabis Production Facility. (This was for clarification to shareholders that FITX owns 75% of Cen Biotech, Inc., stamping out rumors of only 10% ownership)
http://www.marketwatch.com/story/cen-biotech-inc-fitx-clarification-on-ownership-of-the-worlds-largest-and-most-advanced-legal-cannabis-production-facility-2014-02-03?reflink=MW_news_stmp
2/3/14: Are Marijuana Stocks Shady? (JIM CRAMER of MAD MONEY TWEETED THIS ARTICLE OUT as linked to above)
http://www.mainstreet.com/article/money/investing/are-marijuana-stocks-shady
1/31/14: Marijuana Equipment Gives GrowLife a Buzz. (JIM CRAMER of MAD MONEY TWEETED THIS ARTICLE OUT as linked to above)
http://www.mainstreet.com/article/small-business/marijuana-equipment-gives-growlife-buzz?page=1
1/31/14: CEN Biotech Inc. (FITX) Enters into Licensing and Operating Agreement with RXNB Inc. for Technology Use and Transfer for World's Largest and Most Advanced Legal Cannabis Production Facility.
http://www.marketwatch.com/story/cen-biotech-inc-fitx-enters-into-licensing-and-operating-agreement-with-rxnb-inc-for-technology-use-and-transfer-for-worlds-largest-and-most-advanced-legal-cannabis-production-facility-2014-01-31?reflink=MW_news_stmp
1/31/14: GrowLife Enters into Strategic Partnership with RXNB Inc., an Emerging Innovative Pharmaceutical and Nutraceutical Company with Extensive Technology Assets Applicable to the Medical Marijuana Industry.
http://www.marketwatch.com/story/growlife-enters-into-strategic-partnership-with-rxnb-inc-an-emerging-innovative-pharmaceutical-and-nutraceutical-company-with-extensive-technology-assets-applicable-to-the-medical-marijuana-industry-2014-01-31?reflink=MW_news_stmp
1/30/14: 7 Companies Capitalizing On Canadian Cannabis.
http://www.nasdaq.com/article/7-companies-capitalizing-on-canadian-cannabis-cm322295
1/30/14: OTC Markets FITX Attorney Letter with Respect to Current Information/Filing.
http://www.otcmarkets.com/financialReportViewer?symbol=FITX&id=115878
1/29/14: GrowLife and CEN Biotech Announce Collaboration on the World's Largest and Most Advanced Legal Cannabis Production Facility.
http://online.wsj.com/article/PR-CO-20140129-908203.html
1/29/14: CEN Biotech Inc. (FITX) And GrowLife Announce Collaboration On The World’s Largest And Most Advanced Legal Cannabis Production Facility.
http://www.accesswire.com/411361/CEN-Biotech-Inc-FITX-and-GrowLife-Announce-Collaboration-on-the-Worlds-Largest-and-Most-Advanced-Legal-Cannabis-Production-Facility
1/28/14: Creative Edge Nutrition (FITX) Seeks Investment.
http://weedentrepreneur.com/weed-stock-spotlight/creative-edge-nutrition-fitx-seeks-investment/#.Uug-VaX0BaF
1/27/14: Creative Edge Predicts Faster-Growing Canadian Demand for Medical Marijuana.
http://www.marketwatch.com/story/creative-edge-predicts-faster-growing-canadian-demand-for-medical-marijuana-creative-edge-nutrition-inc-otcpink-fitx-easton-pharmaceuticals-inc-otcpink-eaph-tranzbyte-corp-otcpink-erbb-2014-01-27?reflink=MW_news_stmp
1/24/14: CEN-Biotech presentation (part) at ArcView Investor Group. The primary significance of this video is the fact that FITX and PHOT officially announced a partnership together on stage. FITX is already a partner with EDXC as well, so now FITX + PHOT + EDXC have joined forces. There are a couple very wealthy investors that were interested in CEN-Biotech following their appearance at the ArcView meeting, but additional official financing offers are not currently known.
http://www.youtube.com/watch?v=R9i1o48ziHM&feature=youtu.be
1/13/14: Cen Biotech Inc. (FITX) Medical Marijuana Business Featured in Crain’s Detroit Business Magazine.
http://finance.yahoo.com/news/cen-biotech-inc-fitx-medical-134800395.html
1/12/14: Firm looks to light up pot sales with Canadian unit.
http://www.crainsdetroit.com/article/20140112/NEWS/301129975/firm-looks-to-light-up-pot-sales-with-canadian-unit
1/11/14: CEN Biotech: the next BIG Marijuana Growers? (VIDEO):
https://www.youtube.com/watch?v=mcnqznTIGRQ#t=12
1/10/14: A SUMMARY OF SENATE BILL 660 FOR PHARMACEUTICAL-GRADE CANNABIS IN MICHIGAN, AS REPORTED FROM HOUSE COMMITTEE 12/10/13: (At the bottom under "Positions", CEN-Biotech is the first listed supporter of the bill. CEN-Biotech has also announced that they have hired lobbyists to assist in helping obtain approval of the bill).
http://www.legislature.mi.gov/documents/2013-2014/billanalysis/House/pdf/2013-HLA-0660-8628D210.pdf
1/9/14: Creative Edge Nutrition (FITX) Launches Cenbiotechinc.com For Canadian Medical Marijuana Business.
http://finance.yahoo.com/news/creative-edge-nutrition-fitx-launches-171300954.html
1/9/14: Endexx to Track a Million Pounds of Medical Marijuana in Canada.
http://finance.yahoo.com/news/endexx-track-million-pounds-medical-173046337.html
1/8/14: CEN Biotech Welcomed To The Town Of Lakeshore By The Mayor And Former Provincial Minister Of Trade.
http://finance.yahoo.com/news/cen-biotech-welcomed-town-lakeshore-165800349.html
1/8/14: CEN BioTech Inc - Ready to Build Press Conference (Video). This is a press event held by the Essex Windsor Growth & Development Council for the announcement of a 12M Investment by CEN BioTech Inc. to build a state of the art production facility in the Lakeshore Ontario region. THIS IS A MUST WATCH VIDEO!!!!
http://vimeo.com/83685127
1/8/14: CEN Biotech invests $12M for medical marijuana facility in Lakeshore.
http://www.vcpost.com/articles/20575/20140108/canada-firm-invests-12m-build-medical-marijuana-facility-lakeshore.htm
1/7/14: Investor On Lakeshore's Medical Marijuana Plant: TheWindsorStar (VIDEO). Joseph Bryne, investor with CEN Biotech, talks about the announcement of a $12-million investment by CEN Biotech to build a medical marijuana plant in Lakeshore near the OPP branch on Manning Road.
https://www.youtube.com/watch?v=O16a95nUO8Y
1/7/14: Company invests $12M to grow medical marijuana in Lakeshore (with video).
http://blogs.windsorstar.com/2014/01/07/company-invests-12-million-to-grow-medical-marijuana-in-lakeshore/
1/7/14: $12M medical marijuana investment made near Windsor, Ontario. CEN Biotech hopes to be up and running in 7 months.
http://www.cbc.ca/news/canada/windsor/12m-medical-marijuana-investment-made-near-windsor-ont-1.2487036
1/7/14: Windsor-Essex Parlays Expertise In Agriculture Into A Whole New Industry.
http://www.choosewindsoressex.com/?q=node%2F540
1/7/14: Medical marijuana industry grows with $12 million investment in Lakeshore.
http://windsor.ctvnews.ca/mobile/medical-marijuana-industry-grows-with-12-million-investment-in-lakeshore-1.1627119
1/7/14: Medical Marijuana Facility Coming.
http://blackburnnews.com/windsor/windsor-news/2014/01/07/medical-marijuana-facility-coming/
1/7/14: Medical marijuana growing.
http://www.am800cklw.com/News/Headlines/Medical-marijuana-growing
1/3/14: Is Cannabis The Next Big Thing? As State and Local governments begin decriminalizing marijuana, big money is scrambling to find a way to invest. (FITX featured in YouTube video at minute 1:45).
https://www.youtube.com/watch?v=8NRw2LLI5sQ
1/3/14: U.S. Firm Approved to Tap Canadian MMJ Market.
http://mmjbusinessdaily.com/u-s-firm-approved-to-tap-canadian-mmj-market/
12/30/13: Cen Biotech Receives Ready To Grow Letter From Health Canada And Featured In Forbes Magazine.
http://finance.yahoo.com/news/cen-biotech-recieves-ready-grow-212300745.html
12/30/13: Big Marijuana: Is It The Future?
http://www.forbes.com/sites/karstenstrauss/2013/12/30/big-marijuana-is-it-the-future/
12/10/13: CEN BIOTECH, Inc. Releases Site Photos of Proposed Medical Marijuana Facility.
http://finance.yahoo.com/news/cen-biotech-inc-releases-photos-130000782.html
12/5/13: Cen Biotech Presence at Michigan House of Representatives Hearings on Potential Medical Marijuana Law Changes.
http://finance.yahoo.com/news/cen-biotech-presence-michigan-house-154000570.html
11/21/13: CEN Biotech Breaks Ground to Add 58,000 sq. ft. to Its Future Medicinal Marijuana Operation.
http://online.wsj.com/article/PR-CO-20131121-906358.html?dsk=y
11/21/13: Another firm applies to grow marijuana.
http://blogs.windsorstar.com/2013/11/12/another-firm-applies-to-grow-marijuana/
11/19/13: CEN Biotech, Inc. Leases Property for Medical Marijuana Product and Sales.
http://www.marketwatch.com/story/cen-biotech-inc-leases-property-for-medical-marijuana-product-and-sales-2013-11-19
11/13/13: Creative Edge Nutrition, Inc. Hires 5W Public Relations as Agency of Record.
http://finance.yahoo.com/news/creative-edge-nutrition-inc-hires-133000593.html
11/13/13: Endexx and CEN Biotech Launch Operations in Canada.
http://online.wsj.com/article/PR-CO-20131113-909799.html
10/29/13: A New Audio Interview With Bill Chaaban, CEO of Creative Edge Nutrition, Inc.
http://finance.yahoo.com/news/audio-interview-bill-chaaban-ceo-113000038.html
9/6/13: Endexx Provides Contract Clarification (regarding CEN-Biotech) and Compliance Requirements.
http://online.wsj.com/article/PR-CO-20130909-906514.html
9/6/13: Creative Edge Nutrition's Subsidiary CEN Biotech, Inc. Announces a New Contract With Endexx Corporation to Provide Software to Track the Production and Sale of Medicinal Marijuana.
http://finance.yahoo.com/news/creative-edge-nutritions-subsidiary-cen-123000415.html
9/6/13: Endexx Corporation and CEN Biotech, Inc. Enter Into Business Contract.
http://finance.yahoo.com/news/endexx-corporation-cen-biotech-inc-123000372.html
9/5/13: Creative Edge Nutrition Announces the Formation of Cen Biotech Inc. for Its Medicinal Marijuana Business Sector.
http://online.wsj.com/article/PR-CO-20130905-906271.html
6/5/13: Creative Edge Nutrition Announces Ground Breaking Products For The Medical Marijuana Field- Hemp Tea And Coffee Additive.
http://finance.yahoo.com/news/creative-edge-nutrition-announces-ground-123000801.html
4/18/13: Creative Edge Nutrition, Inc. Announces the Second product into the Medical Marijuana Sector.
http://finance.yahoo.com/news/creative-edge-nutrition-inc-announces-120000832.html
3/25/13: Creative Edge Nutrition, Inc. Announces the Entrance into the Medical Marijuana Sector.
http://finance.yahoo.com/news/creative-edge-nutrition-inc-announces-120200129.html
2) SPORTS NUTRITION SUBSIDIARY (CENERGY):
1/21/14: GNC order placed to Creative Edge Nutrition to begin selling (picture):
https://www.facebook.com/photo.php?fbid=328023640662652&set=a.308064585991891.1073741826.115224738609211&type=1&theater
11/25/13: Creative Edge Nutrition, Inc. Signs Multiple Country Distribution Contracts For Full Scale Product Distribution.
http://finance.yahoo.com/news/creative-edge-nutrition-inc-signs-133000962.html
10/17/13: Creative Edge Nutrition, Inc. Adds Additional Product to Bodybuilding.com.
http://online.wsj.com/article/PR-CO-20131017-906608.html
10/10/13: Creative Edge Nutrition Signs Exclusive Distribution Deal With Europa Sports.
http://online.wsj.com/article/PR-CO-20131010-906199.html
10/8/13: Creative Edge Nutrition Ships First Order to Bodybuilding.com.
http://online.wsj.com/article/PR-CO-20131008-905427.html
**Product popularity is rapidly rising on the biggest and most popular on-line sports nutrition supplement store, bodybuilding.com. As of 2/4/14, Cenergy Nutrition was ranked #189 most popular among 418 brands sold on the site, outselling more than HALF of all products sold there. Follow popularity movement up at http://www.bodybuilding.com/store/popular-brands.html
8/27/13: Creative Edge Nutrition Received Vendor Sales Approval for Nutritionexpress.com.
http://finance.yahoo.com/news/creative-edge-nutrition-received-vendor-123000222.html
7/16/13: Creative Edge Nutrition Signs Retail Contract With Bodybuilding.com.
http://finance.yahoo.com/news/creative-edge-nutrition-signs-retail-115000454.html
7/15/13: Creative Edge Nutrition, Inc. Letter to Shareholders.
http://finance.yahoo.com/news/creative-edge-nutrition-inc-letter-133733840.html
6/28/13: Dr. Sam Alawieh Will Head Up Creative Edge Nutrition Advisory Team.
http://finance.yahoo.com/news/dr-sam-alawieh-head-creative-120000421.html
6/27/13: Creative Edge Nutrition Announces They Are an Approved Vendor of Amazon.com.
http://finance.yahoo.com/news/creative-edge-nutrition-announces-approved-120000562.html
6/25/13: Creative Edge Nutrition, Announces the Addition of Dr. Sam Alawieh, to Their Advisory Team.
http://finance.yahoo.com/news/dr-sam-alawieh-head-creative-120000421.html
6/2/13: ESPN's MMA Meltdown Interview of Cenergy's Jeff Thomas:
http://www.cenergynutrition.com/audio/mma_meltdown.mp3
5/31/13: Creative Edge Nutrition, Inc. Announces The Addition of Online Retailer www.ProSource.net.
http://www.prnewswire.com/news-releases/creative-edge-nutrition-inc-announces-the-addition-of-online-retailer-wwwprosourcenet-209641151.html
5/8/13: Creative Edge Nutrition, Inc. Announces The Acquisition of 3 Nutrition Super Stores.
http://finance.yahoo.com/news/creative-edge-nutrition-inc-announces-123800879.html
5/1/13: Creative Edge Nutrition, Inc. Expands Industry Management Team.
http://finance.yahoo.com/news/creative-edge-nutrition-inc-expands-120000610.html
2/6/13: Creative Edge Nutrition, Inc. Announces GNC Vendor number.
http://finance.yahoo.com/news/creative-edge-nutrition-inc-announces-133200489.html
10/15/12: Creative Edge Nutrition, Inc. Acquires Chesapeake Nutraceuticals.
http://www.prnewswire.com/news-releases/creative-edge-nutrition-inc-acquires-chesapeake-nutraceuticals-174178291.html
9/27/12: Creative Edge Nutrition Inc Completes Acquisition Of Sci-Fit And Nature's Science Brands.
http://www.prnewswire.com/news-releases/creative-edge-nutrition-inc-acquires-sci-fit-and-natures-science-brands-171510931.html
9/26/12: Creative Edge Nutrition Inc Acquires A-Z-Nutrition.com.
http://www.prnewswire.com/news-releases/creative-edge-nutrition-inc-acquires-a-z-nutritioncom-171325711.html
8/20/12: Creative Edge Nutrition Inc Acquires SCD Enterprises, LLC.
http://www.prnewswire.com/news-releases/creative-edge-nutrition-inc-acquires-scd-enterprises-llc-166749356.html
7/31/12: Creative Edge Nutrition Inc Acquires Innovative Fulfillment Corp.
http://finance.yahoo.com/news/creative-edge-nutrition-inc-acquires-125200946.html
5/15/12: Creative Edge Nutrition Inc Completes Acquisition of Science Defined Nutrition.
http://www.prnewswire.com/news-releases/creative-edge-nutrition-inc-completes-acquisition-of-science-defined-nutrition-151596435.html
FITX
Yeah, it was phenomenal from the parts I was able to listen to (was at work). Bill was very professional, highly knowledgeable, very down to earth, and emphasized many times that his utmost concern is his shareholders above all else. I have a feeling AB is gonna be very pro-FITX after that interview. It will be posted up for public non members later this evening. Gonna sit back and listen to the whole thing when I get home over some cold ones...
FITX
Yeah buddy, still holding all my MSLP shares long. Hopefully we'll get some positive updates soon. I alerted here for the other one in very low subpenny, but was scoffed at. Just trying to help the team out, glad to hear you grabbed some. FYI, CEO has an interview at the Wall Street Journal office in NY Wed;).
MSLP
Well, Bill also mentioned he felt the market value of FITX would be soon worth more than all the other current MMJ stocks combined...
FITX
WALL STREET JOURNAL INTERVIEW!! Bill just ended the AB interview by saying he's flying to NY for an interview in the offices of The Wall Street Journal scheduled for Wed morning:)...
FITX
"Company will be cash rich very shortly". Still sees a buyback in the future. Bill says he has "every intention to uplist". Shareholders that remained "long and strong" from the beginning and stuck with them through the hard times will be greatly rewarded.
FITX
This interview is money man! I thought I heard him say about 50 hedge funds wanted in. He said no to them and said they should just buy on open market like everyone else. That's why the deals were structured the way they were, to avoid hostile takeover from big groups such as hedge funds. However, he confirmed several times FITX owns 75% of CEN-Biotech and it would be clarified in an amendment to 8k...
FITX
Yep, and still holding...you know me and my long ways:). Way more potential to come. Holding well beyond licensing...
GNC shipments begin next week per conference call.
FITX
Ummm, yeah that's been known from day 1. Where have you been?
FITX
Our CEO keeps us well informed. If you paid closer attention, you would have seen that he posted the reasoning for the filing publicly:
Creative Edge Nutrition, Inc.
Feb 5 at 9:46am
Dear shareholders:
Per my legal obligation I have filed my forms in case I ever intend to sell some shares. Failure to file and sell is prison. I've been filing these forms for the last two years.
Bill
I am entitled to sell 1% by law every 90 days. I file forms every 90 days with the intention and I haven't sold any in two years.
https://www.facebook.com/creativeedgenutrition/posts/332763950188621
Nice try.
FITX
CRAMER'S NEW FITX ARTICLE ON HIS MAIN STREET WEBSITE!!
Super Grow Cannabis Facility Launched by Makers of Aminoplex
http://www.mainstreet.com/article/small-business/super-grow-cannabis-facility-launched-makers-aminoplex
FITX
Great, thanks. Then what are they collecting revenue from? Is it from Dixie Botanicals?
Who is collecting revenue from Dixie Elixirs if MJNA can't, Dixie alone?
Same sentiment here. The hardest hurdles have already been overcome and approved. The rest is simply protocol. Approval is imminent and not even a question in my mind...
FITX
Creative Edge Nutrition, Inc. We want licensure in 8 weeks or less.
Yesterday at 9:59am
https://www.facebook.com/creativeedgenutrition
I've been thinking the same thing. So far, Bill has continued to hit all his initial goals laid out, and has surpassed my expectations. I'm sure he'll keep up that pattern, and I really have no doubts he'll be able to pull this off…
FITX
Great, thanks for the info. Appreciate it.
QUESTION: I was in MJNA for awhile and jumped out during the recent run. I jumped out because there seems to be so much controversy, people yelling scam, uncertainty of the executives, and unclarity of what exactly MJNA owns in terms of the product lines and companies. I am particularly interested in what ownership MJNA has in Dixie Elixirs and if you see it changing, because I know there were some issues between them. I really like their product line and am thinking of getting back in based partly on that. However, can someone please tell me what is MJNA's association with Dixie Elixirs at this point? If they lose Dixie Elixirs, I don't know if it would be worth while to get back in. I go long with these stocks, but like to make sure there is some stability first. TIA…
Yeah, I don't see that happening at all. Guaranteed to be good news, as well as a good interview.
FITX
Couldn't agree more. I love the nutritional side of this company as much as the MMJ side. Their nutritional side has opened and locked in many doors of distribution sites ahead of time for their hemp based products which will be gaining big popularity and exposure. Even Dr. Oz did a program on hemp products not too long ago. It will also perfectly compliment a line of edibles, because I'm sure that will be in the works too, pretty much guaranteed IMO...
FITX
Not gonna happen. Never. Mark it and watch that statement proved true from the sidelines.
FITX
Yeah, I equate it with buying a lottery ticket, but you already know what the winning number is ahead of time:). Before we know it, people will be referring to anything in these penny/dime ranges as the new "remember the subpenny days" levels. BTW, never got any of the other yet (EDX*). Was waiting for more of a pullback. Should've just got in when you mentioned it awhile back…
FITX
Creative Edge Nutrition, Inc. Andrew we are accelerating our build out to 8 weeks. We are pushing our trades for performance.
Yesterday at 9:58am · Like · 16
Creative Edge Nutrition, Inc. We want licensure in 8 weeks or less.
Yesterday at 9:59am · Like · 17
Dug Smith Like 8 weeks from now??? dang bill
Yesterday at 10:26am · Like · 3
Creative Edge Nutrition, Inc. Yes sir !
Yesterday at 10:36am · Like · 18
Richard Lis When will building the facility commence?
22 hours ago · Like
Creative Edge Nutrition, Inc. It has already begun
22 hours ago · Like · 16
https://www.facebook.com/creativeedgenutrition (sections cut and pasted from the commentary in the Todd Davis EDXC post)
FITX
Sup bud! Yeah, figured I'd jump in here too. Definitely not as much share quantity for my money compared to FITX, but I think it's a no brainer that PHOT is heading to the top as well, along with pps. It only made sense to own shares in both. PHOT and FITX are no doubt gonna emerge as the leaders and big winners in the MMJ arena…
PHOT
Agreed. Jumped in here last Fri (been watching for a long time) after the shareholders approved the proxy. I wouldn't have jumped in had they not passed that. That was my signal that PHOT was at a ripe entry point with the go ahead for huge growth and opportunity. Glad to see the shareholders here understood the importance of approving it for PHOT's future. Been a long in FITX for a few years, so it was only logical to join this party too. By the way, I sent that message but he said to ask you for the code because you'd have one as a member. If you have one, let me know. If not, no worries…
FITX
What's up SIO! I finally jumped into PHOT Friday after the "yes" vote. I know we've both been FITX longs for quite awhile. It only made sense be become a PHOT long too. Glad to see the majority of PHOT shareholders could see the long term picture and the need for this approval to go through for the long term success of the company in terms of much bigger things. Big boards in due time. I wouldn't have bought in had they not approved the proxy, but as soon as they did, I jumped in. FITX + PHOT + EDXC gonna make history, legacy in the making...
PHOT + FITX
Like I said, it's in the 8k, black and white for those who know how to read it. Unfortunately, people that don't understand how to do the math get easily confused. Watch and learn. By the way, we're all on the same team man...
Nothing to do with trust. All to do with being educated enough to understand the data, numbers, and language in a filing. That's all that is necessary, combined with a bit of common sense.
What are you talking about? Several FITX and PHOT posters came up with the 75% ownership of CEN-Biotech by FITX well before the CEO even PR'd the clarification. Nothing needs to be addended in the 8k because there are no mistakes. The problem is that most people don't know how to read and interpret the data.
LEGENDARY moves in the making for sure with them hanging out in that region because as they said, there was, "Business for Creative:)" there.
I think this post is another subtle clue for what their future plans are:
Creative Edge Nutrition, Inc.
Jan 31
"Shareholders:
If a company desires to uplist to a higher exchange it's easier and faster if acquisitions are cleaned up before hand."
https://www.facebook.com/creativeedgenutrition/posts/331039980361018
FITX
Hey guys, haven't been here for awhile, but still holding my shares. What's going on over here? Saw ECDC blowing up on the boards and trying to figure out why? Looks like more StudentConnect contracts have been landed and the technology is now actively in use, which is great. Is that why all the chatter, or something else? Catch a brotha up to speed. TIA.
ECDC
Anyone have a discount code for 420investor membership? You mentioned somewhere else to use your name, but it didnt' work. Thx.
Cramer already tweeted 2 articles focusing on PHOT, and their relationship with CEN-Biotech/Creative Edge is discussed in those articles. The links are in my DD sticky post above.
FITX
I predict it would have zero impact. At this point, revenue from the supplement side is simply a bonus, or icing on the cake, given the massive revenue projections which will be coming from CEN-Biotech. I've been in here since early 2011 and negative earnings have never had an impact. FITX has been in development and growth phase which always equals terrible financials and poor earnings, so it is generally expected in stocks trading on these exchanges. However, with that said, they are actually bringing in good revenue from the supplement side, compared to many other stocks trading on these exchanges which only trade on ideas, rumors, or a simplified products without any real revenue. The next financials should partly reflect the earnings from now selling on bodybuilding.com (biggest online store), Amazon, etc., as those distributors were not in place, nor reflected, in the previous financials. GNC has placed products orders for Cenergy, but as far as I know they are not yet available to buy. I'm guessing they will soon though, but it won't be reflected in earnings either. Basically, I expect revenues to increase in the next fins, but I still expect them to look terrible, which should be expected, given the costs/debt involved to have gotten them to this point. However, those fins will immediately and drastically improve as soon as CEN-Biotech begins harvesting. That's when fins will then become relevant, after growth and the development phase has slowed/ended, and profitability begins...
FITX
ULTIMATE DD FOR BOTH FITX BUSINESS SUBSIDIARIES!!!:
I. COMPANY SUMMARY OF FITX: (Most up to date DD section follows summary below.)
Creative Edge Nutrition (FITX) is the umbrella holding company. They are based in Madison Heights, Michigan. The company vision has been to build by organic growth and strategic acquisitions in a "vertical integration" strategy, for the purpose of quickly increasing revenue streams for company growth, while cutting out middle man costs. Revenue brought in from all subsidiary revenue streams listed below comes into the umbrella company, FITX. Bill Chaaban (CEO), has repeatedly stated, "There are NO current plans for a reverse split or an increase in authorized or outstanding shares. We are exploring the share buy back options." This was again publicly stated 2/2/14.
Under the FITX umbrella, there are 2 primary business subsidiaries:
1) CEN-BIOTECH:
This subsidiary is involved in production and distribution of medical marijuana, and is based in Lakeshore, Ontario, just outside Windsor in Canada. FITX is one of the very few true "MMJ" stocks which will actually produce the marijuana, as opposed to most other that are involved with other derivative aspects of the marijuana such as CBD extracts, CBD research, edibles, smoking or growing devices, etc. Basically, these other "MMJ" revolve and exist around the actual product (marijuana) that we will be producing in MASS quantity. Their 85,000 square foot buildings with multiple floors and 10.3 acre production facility is expected to have the capacity to produce up to 1.3 million pounds of dried medical marijuana annually for Canadian distribution, as well as planned export to multiple legal countries. FITX expects to generate revenue of $20 million in the 1st 12 months of operations, and $100 million/year by the 5th year of operations. FITX plans to grow 50 strains of marijuana, from seeds sourced in Canada, Mexico and Colombia. The website is CENBIOTECHINC.COM.
2) CENERGY NUTRITION:
This subsidiary is our personalized sports supplement nutritional line. Cenergy products are sold on the biggest online supplement stores including Amazon, Bodybuilding.com, GNC, Europa Sports, Prosource, NutritionExpress, multiple others, and getting great reviews with rapid movement up the bodybuilding.com product popularity charts. Our products out sell more than HALF of the 418 products sold on the biggest online supplement store, bodybuilding.com (#189 as of 2/4/14). The website is CENERGYNUTRITION.COM.
-->Notably, Leonard Armenta serves as Vice President of Brand Management & Marketing. Prior to joining Cenergy in 2013, he served as the Chief Operating Officer and later, Executive Vice President of MusclePharm (MSLP). He was instrumental in MusclePharm becoming one of the leading U.S. nutritional brands with massive growth and revenues, and he was responsible for placing MusclePharm into the largest US distributors and in over 35 International countries.
-->We sponsor several MMA fighters (who continue to win with Cenergy plastered on their shorts), an NFL player, and several fitness models. The supplement side of this company is a tremendous asset to us, and will continue to be.
-->As part of Cenergy Nutrition, there is also a "Cenergy Natural" line. One is a premium grade Hemp Protein supplement line at HEMPNORTHAMERICA.COM, and the other is a premium Chia Seed based supplement line at CHIANORTHAMERICA.COM.
II. As part of the strategic acquisitions and vertical integration strategy discussed above, FITX made multiple company acquisitions:
1) 4 active revenue-generating online nutritional supplement stores: SUPPLEMENTSTOGO.COM, A-Z-NUTRITION.COM, WORLDCLASSNUTRITION.COM, CHESAPEAKENUTRACEUTICALS.COM. If you go to these sites, at the top you'll see they are owned by Creative Edge Nutrition (FITX). These additional websites not only give us revenue from our own Cenergy line, but also revenue from selling all the major supplement and bodybuilding brands out there.
2) 3 active revenue-generating brands/companies: SCIENCE DEFINED NUTRITION (makes the popular Rogue sports nutrition supplement line), SCI-FIT, NATURE'S SCIENCE.
3) 3 active revenue-generating "Canadian Nutrition Superstores", which consist of brick and mortar nutritional supplement stores in Canada, selling all the major supplement and bodybuilding brands.
4) Seeds R Us Inc., which imports and distributes nutritious seeds such as chia seeds. Many of these seeds such as chia are incorporated into our products.
5) SCD Enterprises, LLC
6) Innovative Fulfillment Corp, which was an already profitable company producing sales.
7) The CEO hinted at continuing this vertical integration strategy recently on the official company Facebook page 1/22/14: "New exciting targets for acquisition. GO FITX !!! Time to implement the vertical integration model for the medical cannabis sector."
https://www.facebook.com/creativeedgenutrition
III. SUMMARY OF FITX HISTORICAL PROGRESS AND OUR CEO:
The building of FITX up to this point has been carried out strategically in a very small amount of time in a business sense. Let me outline why in 4 generalized points:
1) Bill Chaaban didn't become CEO until April 2012. Prior to this, we had no products or business. Everything before this, including the reverse merger into the LBGE shell in 2011, is now irrelevant history and the shell has been cleaned up. History begins when he became CEO. When he came on board, we had an idea for a single product, Metabolic Xtreme, but nothing tangible. He has put an impressive team together with 4 attorneys (Bill himself is a licensed attorney in both US and Canada), doctors, and scientists.
2) From day one, Bill described his long term plan of vertical integration and strategic acquisitions to not only build organically, bring in instant revenue streams to fund future company projects (obviously CEN-Biotech has been the major one), as well as build long term shareholder value. I have outlined these strategic acquisitions and vertical integration strategies above.
3) Only 1 year and 9 months later, the Cenergy line now has multiple products selling on multiple websites. Cenergy products are sold on the biggest online supplement stores including Amazon, Bodybuilding.com, GNC, Europa Sports, Prosource, NutritionExpress, multiple others, and getting great reviews with rapid movement up the bodybuilding.com product popularity charts. Our products out sell more than HALF of the 418 products sold on the biggest online supplement store, bodybuilding.com (#189 as of 2/4/14). THIS IS MAJOR PROGRESS.
4) On 3/25/13 FITX announced it's entrance into the medical marijuana industry. Here we are now, only 9 months later and we have made tremendous progress thus far in a VERY SHORT time period, which has catapulted us into a leading position in this new multi-billion dollar industry of medical marijuana:
-FITX has caught the eye of the soon to be booming medical marijuana industry, and were invited to present at the ArcView meeting 1/23/14. Arcview is the largest angel investor/private investor network in this space. This group has been featured on the front page of Fortune Magazine, and interviewed on major financial stations. They don't allow just any company to present at their meetings. They are hand picked.
-We have The Town Of Lakeshore Mayor, Former Canadian Provincial Minister Of Trade, President and CEO of the WindsorEssex Economic Development Corporation, and Royal Canadian Mounted Police backing us. No other publicly traded MMJ companies have this perfect set up. We also have the land, existing buildings, and building permits/plans for expansion as weather will allow to progress. Our CEO is installing live video feed of the ongoing building. We received the "Ready to Build" letter from Health Canada in November 2013. On 1/9/14, we received Health Canada's approval of tracking compliance by utilizing a new state-of-the-art M3Hub Seed to Sale Tracking platform with our partner, EDXC, which meets and exceeds Health Canada's tracking compliance thresholds. We are only awaiting the final license from Health Canada, pending inspection of the finished build-out, projected to be done in April. Then the grow operation will begin.
-FITX is actively involved with advancing the medical marijuana bills in Michigan, involved with the local government, and has hired lobbyists to assist in this. FITX has announced that they are poised to be a leader in the Michigan medical cannabis industry as legalization becomes reality.
-FITX has formed a strategic partnership with PHOT (officially approved by 88% shareholder vote 2/7/14) and EDXC. FITX + PHOT + EDXC = the foundation of a legacy company. PHOT extended partnership with FSPM on 2/4/14 for a new line of professional components co-branded under FusionPharm's PharmPod™ brand name and GrowLife's Stealth Grow™ line of equipment raising speculation of FITX utilizing the new technology in their grow operation. This is setting up to be a historical building block in this new medical cannabis industry, and sets up this group team to be leaders in it. Pictures of Bill Chaaban (FITX CEO) and Sterling Scott (PHOT CEO) can be seen here, as well as Bill wearing a PHOT hat recently:
https://www.facebook.com/photo.php?fbid=327797630685253&set=a.308064585991891.1073741826.115224738609211&type=1&theater
https://www.facebook.com/photo.php?fbid=328494360615580&set=pcb.328494460615570&type=1&theater
-We are represented by the 2013 PR Agency of the year, 5W. They work for a huge list of household name celebrities and companies (such as McDonald's, GQ, 1800 Tequila, Barne's & Noble, Microsoft MSN, Welch's, Cold-EEZE, IHOP, Wyndham, Snoop Dogg, Pam Anderson to name a few). This company doesn't take on just some typical "penny stock" company. Proof of this can be seen on the 5W website, where Creative Edge Nutrition is listed under the "Healthcare" category as seen below:
http://www.5wpr.com/clients/index.cfm
-JIM CRAMER of MAD MONEY tweeted out articles discussing PHOT/FITX on 1/31/14, 2/3/14! (I believe this is the first time he ever tweeted or discussed a penny stock)!
https://twitter.com/jimcramer/status/429248453907329024
https://twitter.com/jimcramer/status/430463643978063872
-Bill Chaaban (CEO) made a recent business trip to Humboldt County and the Emerald Triangle in CA, and he stated that there was "Business for Creative". This suggests MASSIVE things to come. For those that aren't familar with the marijuana subculture, Humboldt county and the Emerald Triangle have always been the Mecca of marijuana grow ops and the best grown marijuana. If CEN-Biotech is working with ANYONE in this area, this will be a HUGE development! These were the tweets:
2/7/14: Day 1 in the Emerald Triangle has been amazing! It's my personal goal for the "next" deal to top the previous one!
https://www.facebook.com/creativeedgenutrition/posts/333294203468929
2/6/14: Another trip... Humboldt County here we come .....
https://www.facebook.com/creativeedgenutrition/posts/333071073491242
IV. UPDATED RECENT DD:
1) MEDICINAL MARIJUANA SUBSIDIARY (CEN-BIOTECH):
2/7/14: $12M medical marijuana investment made near Windsor, Ontario. CEN Biotech hopes to be up and running in 7 months.
http://www.cbc.ca/news/canada/windsor/12m-medical-marijuana-investment-made-near-windsor-ont-1.2487036
2/7/14: The Cannabis Financial Network Highlights CEN BioTech, Inc. in Video interview.
http://www.marketwatch.com/story/the-cannabis-financial-network-highlights-cen-biotech-inc-in-video-interview-2014-02-07?reflink=MW_news_stmp
2/6/14: 3 Marijuana Stocks with Potentially Strong Niches: Medbox, Inc. (MDBX), Creative Edge Nutrition Inc. (FITX), Medical Marijuana Inc. (MJNA).
http://www.marketwatch.com/story/3-marijuana-stocks-with-potentially-strong-niches-medbox-inc-otc-pink-mdbx-creative-edge-nutrition-incs-otc-pink-fitx-medical-marijuana-inc-otc-pink-mjna-2014-02-06
2/6/14: 4 Stocks Winning Canada’s Medical Marijuana Market.
http://wallstcheatsheet.com/stocks/4-stocks-winning-canadas-medical-marijuana-market.html/?a=viewall
2/6/14: Madison Heights firm eyes Canadian cannabis commerce.
http://www.freep.com/article/20140206/BUSINESS06/302060025
2/5/14: Cannabis Financial Network Executive Interview with Bill Chaaban, CEO of Creative Edge Nutrition (FITX), from TDM Financial:
In this episode we will be talking to Mr. Bill Chaaban, President and CEO of Creative Edge Nutrition, a publicly traded company in the legal cannabis sector which trades under ticker symbol FITX. Mr. Chaaban discusses the company's partially owned subsidiary, CEN Biotech. CEN Biotech, Inc. was established in 2013 as a partially owned subsidiary of Creative Edge Nutrition (FITX) for the sole purpose of supplying the Canadian public with pharmaceutical-grade medical cannabis under the newly established Marihuana for Medical Purposes Regulations (MMPR) CEN Biotech Inc. has submitted a comprehensive application to become a licensed producer (LP) of dried marihuana for medicinal purposes and has received a ready-to-build approval from Health Canada.
http://vimeo.com/85940052
2/5/14: 4 Marijuana Penny-Stocks Inch toward Becoming Players: Creative Edge Nutrition Inc.'s (OTC Pink: FITX), Growlife Inc. (OTCBB: PHOT), Cannabis Science Inc. (NASDAQ OTC: CBIS), Hemp Inc. (OTCPINK: HEMP):
http://www.otcmarkets.com/news/otc-market-headline?id=15810256
2/3/14: CEN Biotech Inc. (FITX) Clarification on Ownership of the World's Largest and Most Advanced Legal Cannabis Production Facility. (This was for clarification to shareholders that FITX owns 75% of Cen Biotech, Inc., stamping out rumors of only 10% ownership)
http://www.marketwatch.com/story/cen-biotech-inc-fitx-clarification-on-ownership-of-the-worlds-largest-and-most-advanced-legal-cannabis-production-facility-2014-02-03?reflink=MW_news_stmp
2/3/14: Are Marijuana Stocks Shady? (JIM CRAMER of MAD MONEY TWEETED THIS ARTICLE OUT as linked to above)
http://www.mainstreet.com/article/money/investing/are-marijuana-stocks-shady
1/31/14: Marijuana Equipment Gives GrowLife a Buzz. (JIM CRAMER of MAD MONEY TWEETED THIS ARTICLE OUT as linked to above)
http://www.mainstreet.com/article/small-business/marijuana-equipment-gives-growlife-buzz?page=1
1/31/14: CEN Biotech Inc. (FITX) Enters into Licensing and Operating Agreement with RXNB Inc. for Technology Use and Transfer for World's Largest and Most Advanced Legal Cannabis Production Facility.
http://www.marketwatch.com/story/cen-biotech-inc-fitx-enters-into-licensing-and-operating-agreement-with-rxnb-inc-for-technology-use-and-transfer-for-worlds-largest-and-most-advanced-legal-cannabis-production-facility-2014-01-31?reflink=MW_news_stmp
1/31/14: GrowLife Enters into Strategic Partnership with RXNB Inc., an Emerging Innovative Pharmaceutical and Nutraceutical Company with Extensive Technology Assets Applicable to the Medical Marijuana Industry.
http://www.marketwatch.com/story/growlife-enters-into-strategic-partnership-with-rxnb-inc-an-emerging-innovative-pharmaceutical-and-nutraceutical-company-with-extensive-technology-assets-applicable-to-the-medical-marijuana-industry-2014-01-31?reflink=MW_news_stmp
1/30/14: 7 Companies Capitalizing On Canadian Cannabis.
http://www.nasdaq.com/article/7-companies-capitalizing-on-canadian-cannabis-cm322295
1/30/14: OTC Markets FITX Attorney Letter with Respect to Current Information/Filing.
http://www.otcmarkets.com/financialReportViewer?symbol=FITX&id=115878
1/29/14: GrowLife and CEN Biotech Announce Collaboration on the World's Largest and Most Advanced Legal Cannabis Production Facility.
http://online.wsj.com/article/PR-CO-20140129-908203.html
1/29/14: CEN Biotech Inc. (FITX) And GrowLife Announce Collaboration On The World’s Largest And Most Advanced Legal Cannabis Production Facility.
http://www.accesswire.com/411361/CEN-Biotech-Inc-FITX-and-GrowLife-Announce-Collaboration-on-the-Worlds-Largest-and-Most-Advanced-Legal-Cannabis-Production-Facility
1/28/14: Creative Edge Nutrition (FITX) Seeks Investment.
http://weedentrepreneur.com/weed-stock-spotlight/creative-edge-nutrition-fitx-seeks-investment/#.Uug-VaX0BaF
1/27/14: Creative Edge Predicts Faster-Growing Canadian Demand for Medical Marijuana.
http://www.marketwatch.com/story/creative-edge-predicts-faster-growing-canadian-demand-for-medical-marijuana-creative-edge-nutrition-inc-otcpink-fitx-easton-pharmaceuticals-inc-otcpink-eaph-tranzbyte-corp-otcpink-erbb-2014-01-27?reflink=MW_news_stmp
1/24/14: CEN-Biotech presentation (part) at ArcView Investor Group. The primary significance of this video is the fact that FITX and PHOT officially announced a partnership together on stage. FITX is already a partner with EDXC as well, so now FITX + PHOT + EDXC have joined forces. There are a couple very wealthy investors that were interested in CEN-Biotech following their appearance at the ArcView meeting, but additional official financing offers are not currently known.
http://www.youtube.com/watch?v=R9i1o48ziHM&feature=youtu.be
1/13/14: Cen Biotech Inc. (FITX) Medical Marijuana Business Featured in Crain’s Detroit Business Magazine.
http://finance.yahoo.com/news/cen-biotech-inc-fitx-medical-134800395.html
1/12/14: Firm looks to light up pot sales with Canadian unit.
http://www.crainsdetroit.com/article/20140112/NEWS/301129975/firm-looks-to-light-up-pot-sales-with-canadian-unit
1/11/14: CEN Biotech: the next BIG Marijuana Growers? (VIDEO):
https://www.youtube.com/watch?v=mcnqznTIGRQ#t=12
1/10/14: A SUMMARY OF SENATE BILL 660 FOR PHARMACEUTICAL-GRADE CANNABIS IN MICHIGAN, AS REPORTED FROM HOUSE COMMITTEE 12/10/13: (At the bottom under "Positions", CEN-Biotech is the first listed supporter of the bill. CEN-Biotech has also announced that they have hired lobbyists to assist in helping obtain approval of the bill).
http://www.legislature.mi.gov/documents/2013-2014/billanalysis/House/pdf/2013-HLA-0660-8628D210.pdf
1/9/14: Creative Edge Nutrition (FITX) Launches Cenbiotechinc.com For Canadian Medical Marijuana Business.
http://finance.yahoo.com/news/creative-edge-nutrition-fitx-launches-171300954.html
1/9/14: Endexx to Track a Million Pounds of Medical Marijuana in Canada.
http://finance.yahoo.com/news/endexx-track-million-pounds-medical-173046337.html
1/8/14: CEN Biotech Welcomed To The Town Of Lakeshore By The Mayor And Former Provincial Minister Of Trade.
http://finance.yahoo.com/news/cen-biotech-welcomed-town-lakeshore-165800349.html
1/8/14: CEN BioTech Inc - Ready to Build Press Conference (Video). This is a press event held by the Essex Windsor Growth & Development Council for the announcement of a 12M Investment by CEN BioTech Inc. to build a state of the art production facility in the Lakeshore Ontario region. THIS IS A MUST WATCH VIDEO!!!!
http://vimeo.com/83685127
1/8/14: CEN Biotech invests $12M for medical marijuana facility in Lakeshore.
http://www.vcpost.com/articles/20575/20140108/canada-firm-invests-12m-build-medical-marijuana-facility-lakeshore.htm
1/7/14: Investor On Lakeshore's Medical Marijuana Plant: TheWindsorStar (VIDEO). Joseph Bryne, investor with CEN Biotech, talks about the announcement of a $12-million investment by CEN Biotech to build a medical marijuana plant in Lakeshore near the OPP branch on Manning Road.
https://www.youtube.com/watch?v=O16a95nUO8Y
1/7/14: Company invests $12M to grow medical marijuana in Lakeshore (with video).
http://blogs.windsorstar.com/2014/01/07/company-invests-12-million-to-grow-medical-marijuana-in-lakeshore/
1/7/14: $12M medical marijuana investment made near Windsor, Ontario. CEN Biotech hopes to be up and running in 7 months.
http://www.cbc.ca/news/canada/windsor/12m-medical-marijuana-investment-made-near-windsor-ont-1.2487036
1/7/14: Windsor-Essex Parlays Expertise In Agriculture Into A Whole New Industry.
http://www.choosewindsoressex.com/?q=node%2F540
1/7/14: Medical marijuana industry grows with $12 million investment in Lakeshore.
http://windsor.ctvnews.ca/mobile/medical-marijuana-industry-grows-with-12-million-investment-in-lakeshore-1.1627119
1/7/14: Medical Marijuana Facility Coming.
http://blackburnnews.com/windsor/windsor-news/2014/01/07/medical-marijuana-facility-coming/
1/7/14: Medical marijuana growing.
http://www.am800cklw.com/News/Headlines/Medical-marijuana-growing
1/3/14: Is Cannabis The Next Big Thing? As State and Local governments begin decriminalizing marijuana, big money is scrambling to find a way to invest. (FITX featured in YouTube video at minute 1:45).
https://www.youtube.com/watch?v=8NRw2LLI5sQ
1/3/14: U.S. Firm Approved to Tap Canadian MMJ Market.
http://mmjbusinessdaily.com/u-s-firm-approved-to-tap-canadian-mmj-market/
12/30/13: Cen Biotech Receives Ready To Grow Letter From Health Canada And Featured In Forbes Magazine.
http://finance.yahoo.com/news/cen-biotech-recieves-ready-grow-212300745.html
12/30/13: Big Marijuana: Is It The Future?
http://www.forbes.com/sites/karstenstrauss/2013/12/30/big-marijuana-is-it-the-future/
12/10/13: CEN BIOTECH, Inc. Releases Site Photos of Proposed Medical Marijuana Facility.
http://finance.yahoo.com/news/cen-biotech-inc-releases-photos-130000782.html
12/5/13: Cen Biotech Presence at Michigan House of Representatives Hearings on Potential Medical Marijuana Law Changes.
http://finance.yahoo.com/news/cen-biotech-presence-michigan-house-154000570.html
11/21/13: CEN Biotech Breaks Ground to Add 58,000 sq. ft. to Its Future Medicinal Marijuana Operation.
http://online.wsj.com/article/PR-CO-20131121-906358.html?dsk=y
11/21/13: Another firm applies to grow marijuana.
http://blogs.windsorstar.com/2013/11/12/another-firm-applies-to-grow-marijuana/
11/19/13: CEN Biotech, Inc. Leases Property for Medical Marijuana Product and Sales.
http://www.marketwatch.com/story/cen-biotech-inc-leases-property-for-medical-marijuana-product-and-sales-2013-11-19
11/13/13: Creative Edge Nutrition, Inc. Hires 5W Public Relations as Agency of Record.
http://finance.yahoo.com/news/creative-edge-nutrition-inc-hires-133000593.html
11/13/13: Endexx and CEN Biotech Launch Operations in Canada.
http://online.wsj.com/article/PR-CO-20131113-909799.html
10/29/13: A New Audio Interview With Bill Chaaban, CEO of Creative Edge Nutrition, Inc.
http://finance.yahoo.com/news/audio-interview-bill-chaaban-ceo-113000038.html
9/6/13: Endexx Provides Contract Clarification (regarding CEN-Biotech) and Compliance Requirements.
http://online.wsj.com/article/PR-CO-20130909-906514.html
9/6/13: Creative Edge Nutrition's Subsidiary CEN Biotech, Inc. Announces a New Contract With Endexx Corporation to Provide Software to Track the Production and Sale of Medicinal Marijuana.
http://finance.yahoo.com/news/creative-edge-nutritions-subsidiary-cen-123000415.html
9/6/13: Endexx Corporation and CEN Biotech, Inc. Enter Into Business Contract.
http://finance.yahoo.com/news/endexx-corporation-cen-biotech-inc-123000372.html
9/5/13: Creative Edge Nutrition Announces the Formation of Cen Biotech Inc. for Its Medicinal Marijuana Business Sector.
http://online.wsj.com/article/PR-CO-20130905-906271.html
6/5/13: Creative Edge Nutrition Announces Ground Breaking Products For The Medical Marijuana Field- Hemp Tea And Coffee Additive.
http://finance.yahoo.com/news/creative-edge-nutrition-announces-ground-123000801.html
4/18/13: Creative Edge Nutrition, Inc. Announces the Second product into the Medical Marijuana Sector.
http://finance.yahoo.com/news/creative-edge-nutrition-inc-announces-120000832.html
3/25/13: Creative Edge Nutrition, Inc. Announces the Entrance into the Medical Marijuana Sector.
http://finance.yahoo.com/news/creative-edge-nutrition-inc-announces-120200129.html
2) SPORTS NUTRITION SUBSIDIARY (CENERGY):
1/21/14: GNC order placed to Creative Edge Nutrition to begin selling (picture):
https://www.facebook.com/photo.php?fbid=328023640662652&set=a.308064585991891.1073741826.115224738609211&type=1&theater
11/25/13: Creative Edge Nutrition, Inc. Signs Multiple Country Distribution Contracts For Full Scale Product Distribution.
http://finance.yahoo.com/news/creative-edge-nutrition-inc-signs-133000962.html
10/17/13: Creative Edge Nutrition, Inc. Adds Additional Product to Bodybuilding.com.
http://online.wsj.com/article/PR-CO-20131017-906608.html
10/10/13: Creative Edge Nutrition Signs Exclusive Distribution Deal With Europa Sports.
http://online.wsj.com/article/PR-CO-20131010-906199.html
10/8/13: Creative Edge Nutrition Ships First Order to Bodybuilding.com.
http://online.wsj.com/article/PR-CO-20131008-905427.html
**Product popularity is rapidly rising on the biggest and most popular on-line sports nutrition supplement store, bodybuilding.com. As of 2/4/14, Cenergy Nutrition was ranked #189 most popular among 418 brands sold on the site, outselling more than HALF of all products sold there. Follow popularity movement up at http://www.bodybuilding.com/store/popular-brands.html
8/27/13: Creative Edge Nutrition Received Vendor Sales Approval for Nutritionexpress.com.
http://finance.yahoo.com/news/creative-edge-nutrition-received-vendor-123000222.html
7/16/13: Creative Edge Nutrition Signs Retail Contract With Bodybuilding.com.
http://finance.yahoo.com/news/creative-edge-nutrition-signs-retail-115000454.html
7/15/13: Creative Edge Nutrition, Inc. Letter to Shareholders.
http://finance.yahoo.com/news/creative-edge-nutrition-inc-letter-133733840.html
6/28/13: Dr. Sam Alawieh Will Head Up Creative Edge Nutrition Advisory Team.
http://finance.yahoo.com/news/dr-sam-alawieh-head-creative-120000421.html
6/27/13: Creative Edge Nutrition Announces They Are an Approved Vendor of Amazon.com.
http://finance.yahoo.com/news/creative-edge-nutrition-announces-approved-120000562.html
6/25/13: Creative Edge Nutrition, Announces the Addition of Dr. Sam Alawieh, to Their Advisory Team.
http://finance.yahoo.com/news/dr-sam-alawieh-head-creative-120000421.html
6/2/13: ESPN's MMA Meltdown Interview of Cenergy's Jeff Thomas:
http://www.cenergynutrition.com/audio/mma_meltdown.mp3
5/31/13: Creative Edge Nutrition, Inc. Announces The Addition of Online Retailer www.ProSource.net.
http://www.prnewswire.com/news-releases/creative-edge-nutrition-inc-announces-the-addition-of-online-retailer-wwwprosourcenet-209641151.html
5/8/13: Creative Edge Nutrition, Inc. Announces The Acquisition of 3 Nutrition Super Stores.
http://finance.yahoo.com/news/creative-edge-nutrition-inc-announces-123800879.html
5/1/13: Creative Edge Nutrition, Inc. Expands Industry Management Team.
http://finance.yahoo.com/news/creative-edge-nutrition-inc-expands-120000610.html
2/6/13: Creative Edge Nutrition, Inc. Announces GNC Vendor number.
http://finance.yahoo.com/news/creative-edge-nutrition-inc-announces-133200489.html
10/15/12: Creative Edge Nutrition, Inc. Acquires Chesapeake Nutraceuticals.
http://www.prnewswire.com/news-releases/creative-edge-nutrition-inc-acquires-chesapeake-nutraceuticals-174178291.html
9/27/12: Creative Edge Nutrition Inc Completes Acquisition Of Sci-Fit And Nature's Science Brands.
http://www.prnewswire.com/news-releases/creative-edge-nutrition-inc-acquires-sci-fit-and-natures-science-brands-171510931.html
9/26/12: Creative Edge Nutrition Inc Acquires A-Z-Nutrition.com.
http://www.prnewswire.com/news-releases/creative-edge-nutrition-inc-acquires-a-z-nutritioncom-171325711.html
8/20/12: Creative Edge Nutrition Inc Acquires SCD Enterprises, LLC.
http://www.prnewswire.com/news-releases/creative-edge-nutrition-inc-acquires-scd-enterprises-llc-166749356.html
7/31/12: Creative Edge Nutrition Inc Acquires Innovative Fulfillment Corp.
http://finance.yahoo.com/news/creative-edge-nutrition-inc-acquires-125200946.html
5/15/12: Creative Edge Nutrition Inc Completes Acquisition of Science Defined Nutrition.
http://www.prnewswire.com/news-releases/creative-edge-nutrition-inc-completes-acquisition-of-science-defined-nutrition-151596435.html
FITX
Alan Brochstein, CFA tweeted this out this morning:
"8 minutes with $FITX CEO Chaaban is great, but #420investor has him two hours on Monday
420investor.com"
http://www.cannabisfn.com/mdc/creative-edge-nutrition-inc/ (link tweeted by Alan)
http://t.co/F5shtrI5a4
— Alan Brochstein, CFA (@Invest420) February 8, 2014
8 minutes with $FITX CEO Chaaban is great, but #420investor has him two hours on Monday http://t.co/fTVeZi73cg
Yeah, this is the only penny stock I've continued to average up on beginning from .001 up. Bought again this week myself. Moving way higher from here.
FITX