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So in my opinion we would be better off with a reverse merger with a decent company? In short that along with the license and merger ie r/s would decrease shares increase price and if the company we merge with is in good financial order we could up list. Does that sound logical.?
Peix did a reverse split they are now as high as 21 dollars a share. Dbrown sorry for my ignorance but how would the merger be a back door reverse split?
Key would be day trader response and those who shoot up the price. I feel many will anticipate a change in share structure. Either way within reason particularly if they add in merger.
Thanks for message I appreciate your concern. I think we will hear about license within next 2 weeks. Then we will have a nice rise. Along with merger information.
I think we will see that when license news comes out. Will be higher when production gets ramped up. Thanks for your response.
Thanks I feel that is the range we could play when license is announced. Thanks for your response.
You do see possibility of .15 to .25??
Agreed.
Bill did say license this month it should be announced then Thursday or Friday. I would like to see it announced after the holiday. Your right money is on its way.
Remember once the license we become the only licensee who will be able to produce that much MJ in the world. This price could be high. Meaning more the .25. A dollar would be the extreme high unless up lists and a change in the share structure. However, Merger could also cause a parabolic rise. A lot of good things on the horizon.
I also agree there is a lot of money but we need the license without that no go. Once license stop should take off provided those on the sidelines have not made other choices. If it does take off how high do you think it could go. Assuming it really takes off.
Do you think this could go to .20 or .25 on license issuance news?
Your right and it will be within two weeks at least. Could be much shorter. How did you feel about today? Relieved inspection occurred.
Of course because they are growing. However, how are they set up for research and merger with another firm? Do they have any leads into the US.
Johnny did you yourself see HC van? I love this company but I count of doubt if they were there.
Thanks for your honest appraisal Fitx clearly has potential. The possibility of two licenses. A connection to the US via their clinic agreement. Hemp, and also so great scientists for research. You are right there is only potential. But that has a value. Thanks for your appraisal.
Good answer JJ.
When license comes out anywhere form .15 to .25. IMO
Not true with Peix it was up around 19 dollars today. Someone made a killing.
Incorrect Peix did a reverse split and the stock later went from 2.33 to over 19 dollars. Not true, the only time a reverse split is bad is when the company is just wants to stay say on the Nasdaq but has nothing going for it.
Well I will take my chances. They could always reverse split. They could merge which would make the stock go up. There are many avenues.
Not that much the stock could not go up substantially. Once again Tweed does not have hemp, nor research like we have. Plus to my knowledge they have no contacts in the US.
There is a substantial difference between .055 and 2.30 cents. Secondly we are also into hemp and research.
Will see.
Tweed is not a penny stock like we are. Plus we will be getting 2 there is no comparison. Good news they are still issuing them. Remember this stock is over 2 dollars.
Your right they have nothing to say of importance imo/
Look down to the right side parody re fitx and weed street.
The perpetrators of any pump and dumb including shorts who misrepresent should be arrested. Very good posts.
I agree, but I will say I have sold stocks more times then not and watch it go up ten times, or six times, ZBB and PEIX. Thanks for your response. Both views have merit. As a friend of mine says a profit is a profit.
I don't know. Is Bill Cenergy still up? I have not looked for a while.
Very appreciated. You are right this stock has a good value and when the license is obtained along with other news, up list, and merger will really pop. Thanks for the pep talk.
No way to assure business plan will work. However, I will be holding onto to license and then sell. I am not a long term investors. But this does have more potential then most who are selling. Why? Agreement in Michigan with clinic, hemp interest in New Zealand and research. There are companies that make nothing that have higher share pps then Fitx. I will play the uptrend after license. Then the wave afterwards.
Thanks for the incite but all these stocks are somewhat pumped. Hold up I believe is HC making sure there is no more bad batches. Hence the need for GMP. Plus we have been open for inspection for a long while. No one hiding the need for inspection. All these stocks are a risks.
Once we get the license in my opinion we will see a merger. I do believe the price will go up when we get license and we will also up lists. I have no way of saying this company is worth 180 million. But we have a number of ways to bring in income, hemp mj, research. Thanks for the posts.
If that's the case think what will happen when the license comes. The stock is being watched but license is the key no doubt.
No doubt bigger then mj sales.
Johnny boy no one wants the license more then me, but what proof do you have it will be this week?
I do believe the people on the site lend to more then on the street rumors. However, I also believe something is up. In short timing not occurrence is the deal. You are right people are loading up. Key is Monday will it go up or down will their be news like audit is done. Will drive stock up. However we need license period Stock.
That may be true for some but there are people who do take seeking alpha serious and when they do I believe the price goes down.
We need news, license or otherwise. However, this company has potential and did not drop below .04 with the seeking alpha negative article. Monday will be a big day. The potential is there dock so lets not be discouraged because of lack of license news. Remember we are trying to get not one but two. Thanks for your response.