Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
CENERGY Nutrition moved up to #266 most popular (out of 418 companies) sold on the biggest and most popular online supplement store, bodybuilding.com. It moved up 10 places from last night when I looked and they were at #276. Looks like there are many more people buying their products besides us:)…
http://www.bodybuilding.com/store/popular-brands.html
FITX
Exactly right. That's why share structure is something that I rarely pay attention to in stocks trading here, and at this stage of the game in development and growth. I've also seen stocks with much higher share structures trading for much higher pps, all with no actual or real products or revenue, but just hype. Let those focused on share structure (which can also quickly and dramatically improve with buybacks, cancellations, etc. on revenue surges), and anything in the past for that matter, miss out on upcoming historical movements upwards...
FITX
Just reordered a bunch of Cenergy AminoPlex from bodybuilding.com last night. They have a limited time sale of buy 2 get 1 free...same strategy which MSLP used to use to build a huge user base (which Leonard Armenta did for MSLP as their marketing director, now working for Cenergy). Unfortunately, cherry limeade is on back order (although good sigh that people are buying their products up). When I was looking to buy more Cenergy products last night, I was amazed at how many different sites now carry their products, many of which which they've never even mentioned before...
FITX
Typical Friday here. The wise ones know how to take advantage of it, based on what is clearly to come:).
FITX
What pump? The whole 5 posts on the board overnight or the few today? I'd say that would be a pretty poor pump. Please, we know better.
FITX
UPDATED DD FOR BOTH FITX BUSINESS SUBSIDIARIES!!!:
MEDICINAL MARIJUANA SUBSIDIARY (CEN-BIOTECH):
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
ADDITIONAL FITX DD (Provided by OhManIDied):
--As of October 1st, 2013 there were 156 applicants to Canada Health. In mid-November, there are currently only 5-6 companies that are known to be authorized. FITX is 5th, and is the 4th newest government-sponsored grower.
--Every authorized grower is expected to set their own prices. Growers can expand their license to grow (with more plants permitted) by obtaining more registered patients.
--Authorized growers will be permitted to export marijuana to other countries.
--For every 1,000 patients, revenue is expected to grow by $700,000.
--As of December, 2012, Ontario had the second-highest number of people authorized to possess (ATP). This is where FITX is operating.
Here are the top 3 ATP-dense regions: (Dec. 2012 data)
1) British Columbia 13,362
2) Ontario 8,617
3) Nova Scotia 1,864
--Health Canada Marijuana Statistics:
http://www.hc-sc.gc.ca/dhp-mps/marihuana/stat/index-eng.php#a12
--List of Authorized Canadian Growers (check back for updates):
http://www.hc-sc.gc.ca/dhp-mps/marihuana/info/list-eng.php
--BONUS VIDEO:
http://windsor.ctvnews.ca/interest-in-medical-marijuana-facilities-continues-to-grow-1.1541817
SPORTS NUTRITION SUBSIDIARY (CENERGY):
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
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
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
SIO, I must say that your posts are some of my favorite to read. Always a good laugh and such dry humor, while speaking the truth at the same time...
FITX
I think it's great, and very professional. I am thankful that we have such a transparent CEO who provides updates through social media (as do many companies nowadays which is more the norm for younger generations), and who will aggressively defend the company and its (and his) name. I believe part of the reason for the post was also to inform shareholders that not only will he or the company not stand for libel and falsifications, but they will also have any possible illegal stock manipulation investigated...such as the illegal boxing in of the stock that we have seen endlessly here for the last couple years by a couple all too familiar MMs. I hope they go after them hard. The problem with this trade exchange is that there is much less regulatory oversight, so manipulation of many of these companies' stocks by various MMs and traders is rampant. The post confirms they will be targeting a much larger animal then simply stock message board posters. I'm glad to see they will forcefully no longer allow it to passively happen. It's about time they stood up to these issues publically...and our in-house legal team of attorneys will make doing so very inexpensive.
FITX
Thanks for the great insight deaf, and it's great to see you come over to this board as well. By the way, they also make awesome sports nutrition supplements as well, selling on major distribution sites such as bodybuilding.com, with great reviews that I, and many others here, use frequently. They also sponsor Matt Hamill (whom I know you're a fan of), among other athletes...
FITX
You do realize it is January 2014 and not June 2013 now with very different dynamics, correct?
FITX
Another thing to keep in mind is that a lot of brokerages and investors are not allowed, nor desire, to trade subpenny, so when this breaks a penny and above, that will open the door for many more people to jump on board, adding to the upwards momentum.
FITX
Probably works for them based on the provided "DD":).
FITX
Please stick to proper and truthful DD on the board. Much of the information in this post is incorrect, false, some is very old information, some is standard and should be expected in every single penny stock, and it is overall purposely meant to mislead investors and weak hands who have not done real DD on FITX.
FITX
UPDATED DD FOR BOTH FITX BUSINESS SUBSIDIARIES!!!:
MEDICINAL MARIJUANA SUBSIDIARY (CEN-BIOTECH):
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
11/25/13: 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
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
ADDITIONAL FITX DD (Provided by OhManIDied):
--As of October 1st, 2013 there were 156 applicants to Canada Health. In mid-November, there are currently only 5-6 companies that are known to be authorized. FITX is 5th, and is the 4th newest government-sponsored grower.
--Every authorized grower is expected to set their own prices. Growers can expand their license to grow (with more plants permitted) by obtaining more registered patients.
--Authorized growers will be permitted to export marijuana to other countries.
--For every 1,000 patients, revenue is expected to grow by $700,000.
--As of December, 2012, Ontario had the second-highest number of people authorized to possess (ATP). This is where FITX is operating.
Here are the top 3 ATP-dense regions: (Dec. 2012 data)
1) British Columbia 13,362
2) Ontario 8,617
3) Nova Scotia 1,864
--Health Canada Marijuana Statistics:
http://www.hc-sc.gc.ca/dhp-mps/marihuana/stat/index-eng.php#a12
--List of Authorized Canadian Growers (check back for updates):
http://www.hc-sc.gc.ca/dhp-mps/marihuana/info/list-eng.php
--BONUS VIDEO:
http://windsor.ctvnews.ca/interest-in-medical-marijuana-facilities-continues-to-grow-1.1541817
SPORTS NUTRITION SUBSIDIARY (CENERGY):
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
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
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
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
You'll see I'm right in 2014. I've seen stocks with much higher SS trading for much higher from companies trading only on rumors and no tangible products or progress. You'll see I've been clearly right the whole time this year. By the way, don't count on trips. Surely not going to happen.
FITX
Correct, doesn't make a difference, nor does the share structure that a few are so focused on. Both are irrelevant at this stage of the game. There are so many positive potential variables which could (and will IMO) quickly launch this into the stratosphere and eliminate any concerns some have regarding share structure in 2014...
FITX
FROM BILL'S FACEBOOOK PAGE:
Bill Cenergy
36 minutes ago
Happy new year to our shareholders! Thank you for your continued support. We are trying to make monumental moves for you ! History is in the making. There are so many great things in the works and many new exciting friendships and relationships that will hopefully prove fruitful for our company. Cheers to hopefully an amazing 2014 !!! Bill Chaaban
https://m.facebook.com/bill.cenergy/posts/277966502350596
FITX
Yep, and holds true the same as it did before.
MSLP
It touched .0009 once briefly for only a few small shares, never closed or opened there, and in the setting of months of quiet when they were working behind the scenes. So no, you didn't because that doesn't qualify if it doesn't stay there for more than a trade, nor open or close there:).
FITX
I fully agree with your prediction. No doubt in my mind pennies will be the new bottom before we know it. I feel bad (not really) for those who don't seem to get it and are hung up on the need for previous dilution (capital raising as I call it). You don't build what has been built here for free, and the need for doing so will be coming to an end, probably sooner than later...
FITX
You know trips will never happen at this point. It touched trips once to .0009 very briefly, only for a few shares, never closed or opened in trips, and that happened after months of quiet with nothing going on and impatient hands moving money elsewhere (while huge moves were clearly being made behind the scenes). So I don't even consider that as true "trips". Those factors are clearly different then the current set up and scenario of the massive growth and progress has has occurred recently. I know you know this is true, and I don't think you really think trips will happen. You should put aside your past prejudices against Bill based on your misreads of what has been going on to build this company to where they are now...that is ready to be the front runners in this huge new industry unfolding before our eyes. This company will make history and the faithful longs like myself are going to ride it all the way to the top whether you eventually see what is truly being strategically built here or not...
FITX
http://www.forbes.com/sites/karstenstrauss/2013/12/30/big-marijuana-is-it-the-future/
I know you guys have seen it, but what an amazing article highlighting FITX. Lots of subtle details of what's happening behind the scenes, confirming that FITX will be the front runner. I feel bad for all those who can't see that this company and stock are gonna blow up in a way that is rarely seen, but always sought for. Glad I have my ticket for the ride up...
FITX
Best of luck to you holding your breath for that to happen...
FITX
Thanks for confirming the non-issue of this whole topic, as has been shown once again, second attempt around...
MSLP
Please provide evidence that he sold his shares. Not that it would make any difference whatsoever one way or another to me if he sold one, none, or all, but let's see the evidence...or is it more of the usual baseless speculation (aka: hot air)?
MSLP
How about a detailed point by point summary my friend:)? Did they say anything positive or suggestive of the Cen Biotech Canadian presence, or of the strong probability that we'll be runnin that mutha at the helm?
FITX
Pics of Arnold sporting some nice green and black MP gear today on FB post. Looks like Arnie is ignoring all the hot air around here too. 2014 will be the year we've been waiting for my friend...
Per post:
Muscle Pharm Co-Founder Cory Gregory with the legendary Arnold Schwarzenegger after a hugely successful day of new video content for #mpnation!!
Lots of amazing things coming in 2014!!
https://www.facebook.com/#!/photo.php?fbid=10152062051328476&set=pcb.10152062057353476&type=1&theater
https://www.facebook.com/#!/MusclePharm
MSLP
How is the fact that Cenergy Nutrition is selling our products on the largest online supplement distributor through bodybuilding.com equating to "botched". That's the motherload site, and the big win. Not to mention Amazon and all the other huge list of distributors selling our products. I'm sure GNC will come eventually, but to be honest, I could care less about GNC, as could most people that buy a lot of supplements and know better. GNC is widely known for overcharging and taking a much larger cut of revenue for themselves, so I'd much rather us sell more product through these other distributors, where we're getting more return. I don't expect GNC news to have any significant effect on pps for this reason...
FITX
Yeah, ok. Sold into thin air, Copperfield style.
MSLP
Agree, and holding for the same. Too many people following the pps movement on a day to day (or minute to minute) basis, both of which are a huge waste of time in the large scope of where the company, and subsequently the pps, is heading...up. I don't expect anything spectacular to happen until after the new year. If anything, even more drift downwards...which means more weak hands being taken over by strong hands (and unfortunately more flippers too though)...
FITX
Along those lines, who is buying all those shares from the sellers?
MSLP
Exactly! This is the key difference which puts FITX in a league of their own that can't be compared to any other marijuana company out there. They are the clear front runners when the light turns green for growth and distribution of marijuana. If anything, many existing companies would likely be buying from them as many of the current "marijuana" companies actually use the CBD extracts for their products, many of which are oral formulations (or grow materials, smoking technologies, etc.). That's not even to mention their awesome sports nutritional line, which is the other half of this great story...
FITX
From the looks of that roof, I'm guessing they'll be utilizing Global Solaris Group (the renewable energy division of EDXC) for cost cutting on electric bills.
http://www.otcmarkets.com/stock/EDXC/news?id=72914
FITX
Yeah, I'd say you're missing a lot. And regarding the Canadian stores, a poster here drove to the stores a few months ago and posted multiple pictures of the stores, which were also fully operational. I also remember how you got pretty quiet after that. The conspiracy theorists here crack me up.
FITX
The issue is that we just don't have these finer details. However, the land would be significantly more costly than building these buildings. These types of warehouse buildings are extremely cheap to build. So, if we end up making huge revenues and eventually buying land somewhere, worst case scenario we lose the building as well if we move, but that's what will be a drop in the bucket compared to revenue potential of this business. We also don't know who's all throwing in on the building. Plus, why spend all that money before we actually have the Canadian license in hand yet, as it is still pending. That would be a huge loss of money if something happened and the green light was not given, despite buying all that land, etc. Leasing prior to the official license significantly decreases risk to shareholders of footing that potential unnecessary bill.
FITX
Why would that make more sense? I think there would be juuuuust a little cost difference to buy that huge of property. Maybe as revenue comes in that would make more sense, but for now would make no sense. Kind of like renting a place as you save up money to buy. It's a great strategy IMO...
FITX
Great find. Great job CEN Biotech at showing up at those hearings last week. Just a matter of time until the usual "arm flailers" here are proven wrong once and for all, and go home empty handed...tick toc.
FITX
Not a bad idea. I hope they spend whatever it takes to continue the growth for the long-term success of the company. The only casualties are those that sell too early. Having their own vertical integrated lithium production could be used to power the grow lights:).
FITX
Let me clarify because you seem to have some confusion. It is not like other "pinkie" stocks in the sense that there are real products of great quality being sold in the biggest distribution networks, real business plan being actively carried out in front of our eyes, real revenue generating acquisitions, real deals being made to place FITX as a front runner in the medical marijuana industry, and real tangible progress being made. Those things don't happen for free. That's where the necessary evil of raising capital (which you call dilution) factors in. I hope that clears it up for you. I'd be happy to clarify further if you still don't understand.
FITX
It's called business in penny stock land. Par for the course, as we've over-discussed, and money more than well spent given the tremendous progress and growth of the company in such a short time period.
FITX