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this does not prove that bill increased the authorized share count.
By law, you need to pass a shareholder vote to increase the authorized share count. The majority of shareholders need to be in favor of the increase in authorized shares.
So this "evidence" doesnt prove anything. show me the evidence of this vote passing in which Bill was the CEO at the time. then I will believe you.
The float was smaller before because there was more restricted shares.. and the float is still increasing as restricted shares are unlocked... Bill is not doing this... its just how its set up..
thats why i asked for a source of your claim.. but i guess you cannot provide it. but that's ok. im confident in my own research done.
do you have a source of this 43 million float when bill took over? I would like to take your word for it.. but there's been a lot of bogus stuff thrown around this board these days.
From my research. the autherized shares have remained the same since Bill took over.
MissL you should know that Bill wasn't the CEO when the share structure was set up. he took over a bad situation. He is doing everything he can to get out of the Pinks.
Do you not like Bill for some reason?
This post sums it up, good call.
A month ago everyone was saying how Bill was going to sell all his shares as fast as he could.. for the last month he could sell 55 million of his shares.. and he has not filed a 144 to do so... so we left this topic to go back to zoning issues.. .which we have visited countless times... for months... with no evidence of zoning issues... just give it up already.
can we talk about something new? im bored haha.
can we go back to the "vault will never come" topic? or maybe back to the "there will never be a second building" topic?
"Zoning issue" speculation debunked months ago. Proof that the Mayor and the Town of Lakeshore knew all FITX plans before building and are 100% on board with 50 people working there: https://vimeo.com/83685127
There's been speculation of zoning issues for months... if there was really an issue... I do not think Lakeshore would take this long to make a formal announcement about it.. or they would of halted the construction process by now.
There's not much going on in Lakeshore.. it ant very big.. if this was a real issue.. it would be ALL OVER THEIR NEWS... and would be a big deal.
I cannot believe people are even trying to use the "zoning issue" to downgrade this stock still.. its been beaten to death already.. old speculation that doesn't hold any water.
Give me once source of an actual document that directly links FITX with Zoning issues... you cannot find it.. because it only lives in speculation land.
I trust the mayor HIMSELF: https://vimeo.com/83685127
this is the same share structure that was in place before Bill became CEO... and your blaming bill? a little DD would help ya there.
There are talks of buy backs once CEN BIOTECH is up and running.. it would be stupid to do anything now to fix the share structure... they would have to just go out and get more loans in which would hurt the shareholders in the long run by giving away more steak of the company.
thanks for the discount. cant believe people are selling due to that article.. if they followed this stock they would know that that same journalist posted the same story a month ago... its just regurgitated speculation with no facts to back anything up.
Its by law in Canada that all construction would come to a halt if there where any question of zoning issues... and they are still building and have been building... i believe my eyes, not speculation.
this is old bogus speculation that has already been debunked many times. but go ahead.. sell your shares if you want.. us smart longs will just keep adding on the discounts.
thanks
Huge news just came out from our main competitor. im getting jealous... we gotta get into hemp also
CONGRATS to all FITX LONGS!
Last time FITX announced something like this it went from a sub penny stock to a .10 stock in a few days...
hold on to your butts
FITX UPDATED DD - MUST READ!!!
This DD was put together by Neuronal
INFORMATIONAL FITX WEBSITES:
http://fitxlong.com (3rd party website not associated with FITX, but continuously updated with progress pictures and info)
http://www.cenbiotechinc.com/PlatformApps/CEN/index.html
http://cenergynutrition.com
http://www.hemp-technologies.com
https://www.facebook.com/creativeedgenutrition
https://www.facebook.com/bill.cenergy?fref=ts
https://twitter.com/FITXupdates
I. COMPANY SUMMARY OF FITX:
**(Most up to date headlines/articles follow summaries 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 has been repeatedly publicly stated as recent as March. Further historical development of FITX can be read further down.
Under the FITX umbrella, there are 3 primary business subsidiaries:
1) CEN-BIOTECH:
This subsidiary will be 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 approximately 30 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 wants to eventually expand the facility to more than 1 million square feet on multiple floors, which would translate to $5 billion/year in revenue, with an anticipated profit margin of 80%. FITX plans to grow 50 strains of marijuana, from seeds sourced in Canada, Mexico and Colombia. The website is http://www.cenbiotechinc.com/PlatformApps/CEN/index.html
REGARDING LICENSURE:
-On 3/2/14 Bill stated on Facebook, "We are aiming for an accelerated build out of our existing 27,000 sq ft building. We anticipate completion within 8 to 10 weeks when we will call for inspection." (In the 420 Investor interview with Alan Brochstein, he mentioned that Health Canada requested that they expedite the build out, so they decided to retrofit the existing building prior to finishing the build out of the larger new building, which they continue to do at the same time).
-On 3/3/14 Bill stated on Facebook, "We only have to have the fence, the security protocol and cameras, vault and software in place."
-In an article 3/4/14, Bill stated, “We anticipate our license being issued in 8-12 weeks.”
http://www.dailytribune.com/general-news/2014...edical-pot
2) HEMP TECHNOLOGIES:
This well-established company was acquired with a majority ownership by FITX in 3/2014. Bill Chaaban, CEO & President of Creative Edge Nutrition stated, “we are very excited to have acquired Hemp Technologies Ltd. This will allow us to become growers and resellers of hemp and hemp products worldwide. It compliments our corporate mission of becoming a licensed grower and reseller of medical marijuana. We intend to utilize hemp for the extraction of CBD’s where allowed by law; in addition to all other activities being currently undertaken by Hemp Technologies Ltd.” Bill hired Anndrea Hermann as President of Hemp Technologies Ltd and Chief Scientific Officer for Creative Edge Nutrition Inc. in 3/2014. She has an extremely impressive and well-educated background. Notably, her resume shows: "Health Canada Authorized THC, Seed, Derivative, and Crop Sampling with Transporting, 2005-Present", as well as President of the Hemp Industries Association. Further details of her impressive resume can be seen here:
http://renewablematerials.oregonstate.edu/anndrea-hermann
On 3/27/14, Bill stated on Facebook:
"Great day today with Anndrea Hermann presenting to the local farmers in Lakeshore, Ontario. We will be doing hemp trials in essex county."
The website is http://www.hemp-technologies.com
3) 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, Europa Sports, Prosource, NutritionExpress, multiple others, and getting great reviews and placement on the bodybuilding.com product popularity charts. Our products were outselling more than HALF of the 418 products sold on the biggest online supplement store, bodybuilding.com (#189 on 2/4/14). The website is http://www.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 (HEMPNORTHAMERICA.COM), and the other is a premium Chia Seed based supplement line (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) Hemp Technologies Ltd (3/7/14): Bill Chaaban, CEO & President of Creative Edge Nutrition stated, “we are very excited to have acquired Hemp Technologies Ltd. This will allow us to become growers and resellers of hemp and hemp products worldwide. It compliments our corporate mission of becoming a licensed grower and reseller of medical marijuana. We intend to utilize hemp for the extraction of CBD’s where allowed by law; in addition to all other activities being currently undertaken by Hemp Technologies Ltd.”
III. SUMMARY OF FITX HISTORICAL PROGRESS:
The building of FITX up to this point has been carried out strategically in a very small amount of time in a business sense, as detailed below:
1) Bill Chaaban didn't become CEO until April 2012. This is when the real history of FITX began. Everything before this, including the reverse merger into the LBGE shell in 2011, is now irrelevant history. When he came on board, Creative Edge Nutrition had an idea for a single product, Metabolic Xtreme, but no actual products or revenue. Bill 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 and began to progress the company significantly and quickly. However, let's review the important background of how FITX has developed:
The business of LBGE was a completely different and unrelated type of business, and went defunct so Creative Edge reverse merged into the LBGE shell in 2011 in order to be able to expedite the process of becoming public. The initial CEO of Creative Edge named after the reverse merge was Paul Thomas. He was/is still the CEO of EST Nutrition (so he was wearing two hats). At that point, Creative Edge had 1 product in R+D (Metabolic Xtreme), which he basically dropped the ball on, as well as getting Creative Edge going (I'm speculating there may have also been some concern with competing products with his personal nutrition company). Bill Chaaban was then brought in to replace him in April 2012. Shortly after becoming CEO, Bill started really getting the business going. Not only did he bring Metabolic Xtreme to market, but he quickly brought several other products through R+D and to market, including AminoPlex and HyperInfusion. Bill also quickly wanted to get a ticker change to reflect the current business which had nothing to do with the old business, so he had it changed from LBGE to FITX. Not only did he get the nutritional side of the company up and running strongly (which is still ongoing), he announced and began development of a MMJ subsidiary 3/2013, CEN-Biotech, and we have witnessed a tremendous growth in this subsidiary in a very short amount of time.
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) After only a short time since becoming CEO, 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, Europa Sports, Prosource, NutritionExpress, multiple others, and getting great reviews with rapid movement up the bodybuilding.com product popularity charts. Our products were outselling more than HALF of the 418 products sold on the biggest online supplement store, bodybuilding.com (#189 on 2/4/14). THIS IS MAJOR PROGRESS.
4) On 3/25/13 FITX announced its entrance into the medical marijuana industry. We have made tremendous progress thus far in a VERY SHORT time period, which has catapulted us into a leading position in this new projected multi-billion dollar industry of medical marijuana, and our grow operation will be significantly larger than any other growers currently approved by Health Canada:
-FITX had 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 investor 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.
-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. We also have the land, existing buildings, and building permits/plans for expansion as weather has allowed (a brutal winter led to some slight delays). Bill has assured us that there are no zoning road blocks and they are working hand in hand with the town of Lakeshore, who is also very excited to be a part of this project.
-FITX received the "Ready to Build" letter from Health Canada in November 2013. On 1/9/14, FITX 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. FITX is now only awaiting the final license from Health Canada, pending inspection as per the timelines outlined above.
-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.
-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 on 3/4/14, 2/26/14, 2/10/14, 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/440919376687296512
https://twitter.com/jimcramer/status/438765199248859137
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!
IV. UPDATED RECENT DD:
1) MEDICINAL MARIJUANA SUBSIDIARY (CEN-BIOTECH):
4/22/14: Bill Chaaban, CEO of Creative Edge Nutrition/CEN Biotech at the NYC 420 Investor Conference hosted by NYC420Investor and DWEvents.com on 4/17/14.
https://www.youtube.com/watch?v=ikU6yQCWZKg&feature=youtu.be
4/22/14: Super Stock Profits Top Five Small Cap Focus List: Creative Edge Nutrition, Inc. Minerco Resources, Inc. Terra Tech Corporation, MedBox, Inc. Nuvilex, Inc.
http://www.marketwatch.com/story/super-stock-profits-top-five-small-cap-focus-list-creative-edge-nutrition-inc-minerco-resources-inc-terra-tech-corporation-medbox-inc-nuvilex-inc-2014-04-22
4/17/14: CEN Biotech Appoints John A. Germinario as Chairman of the Board: Respected Industry Veteran to Join Executive Leadership Team; Bringing Over 33 years of Experience in Global Capital Markets.
http://finance.yahoo.com/news/cen-biotech-appoints-john-germinario-130000257.html
4/17/14: FITX NYC 420 INVESTOR DINNER HOSTED BY DW EVENTS AND ENTERTAINMENT (portion of Bill’s talk recorded by a shareholder):
https://www.youtube.com/watch?a=&v=nUkReEfg8l4&feature=youtu.be&app=desktop
4/16/14: CEN Biotech Engages Push Point Management Group (PPMG) to Provide Strategic Corporate Advisory Services.
http://www.marketwatch.com/story/cen-biotech-engages-push-point-management-group-ppmg-to-provide-strategic-corporate-advisory-services-2014-04-16
4/15/14: Michigan businessman to open medical marijuana facility in Windsor: Marijuana pioneers.
http://metrotimes.com/covers/mich-businessman-to-open-medical-marijuana-facility-in-windsor-1.1668570
3/30/14: Commercial medical marijuana growers banking on massive sales.
http://www.cbc.ca/news/canada/british-columbi...-1.2591992
3/24/14: CEN Biotech, GrowLife and RXNB Mutually Extend the Date for Closing of their Strategic Partnership.
http://finance.yahoo.com/news/cen-biotech-gro...00909.html
3/21/14: Creative Edge Nutrition (FITX) Announces PRIVATE Funding for the Build Out of the World's Largest and Most Advanced Legal Cannabis Production Facility.
http://www.marketwatch.com/story/creative-edg...2014-03-21
3/20/14: Hemp harvest could pay healthy dividend.
http://www.stuff.co.nz/taranaki-daily-news/op...y-dividend
3/19/14: How Would a Hypothetical Marijuana ETF Do This Year? (FITX is highlighted in this article)
http://www.foxbusiness.com/markets/2014/02/20...this-year/
3/17/14: House made of hemp.
http://www.stuff.co.nz/taranaki-daily-news/bu...de-of-hemp
3/17/14: (FITX) Creative Edge Nutrition (FITX): Medical Marijuana, Industrial Hemp & Dietary Supplements - Shareholder Recap.
http://online.wsj.com/article/PR-CO-20140317-903078.html
3/17/14: Creative Edge Nutrition (FITX): Medical Marijuana, Industrial Hemp & Dietary Supplements - Shareholder Recap.
http://finance.yahoo.com/news/creative-edge-n...00472.html
3/14/14: How Much Could Michigan Gain In Marijuana Tax Revenue? (Article does not directly discuss FITX, but is relevant since they are based in MI and plan to enter MMJ industry there.)
http://m.benzinga.com/article/4392282
3/11/14: CEN Biotech, Inc. (FITX) Announces the Progress of the Build Out for World’s Largest and Most Advanced Legal Cannabis Production Facility.
http://finance.yahoo.com/news/cen-biotech-inc...00062.html
3/10/14: Creative Edge Nutrition Inc. (FITX) Announces the Appointment of Ms. Anndrea Hermann as President of Hemp Technologies Ltd and Chief Scientific Officer for Creative Edge Nutrition Inc.
http://www.marketwatch.com/story/creative-edg...2014-03-10
3/9/14: This 420 Investor interview with CEO Bill Chaaban of Creative Edge Nutrition (FITX) addresses the Hemp Technologies acquisition (announced 3/7), including financial and organizational details not covered in the initial press release, restricted shares and limited insider selling, the path to uplisting and the time-lines for completion of the CEN Biotech project, licensing and first sales from the facility.
http://www.marketfy.com/product/420investor/l...iew/42181/
3/7/14: Creative Edge Nutrition Inc. (FITX) Signs Agreement to Acquire Hemp Technologies Ltd.
http://finance.yahoo.com/news/creative-edge-n...00696.html
3/6/14: Is This The First $5 Billion Marijuana Company?
http://www.fastcoexist.com/3026605/is-this-th...na-company
3/4/14: Madison Heights businessman sees billions in medical pot.
http://www.dailytribune.com/general-news/2014...edical-pot
3/4/14: Medical Marijuana in Canada Set to Boom. (JIM CRAMER of MAD MONEY TWEETED THIS ARTICLE OUT as linked to above)
http://www.mainstreet.com/article/money/inves...a-set-boom
2/26/14: Is Marijuana the Next Bubble? (JIM CRAMER of MAD MONEY TWEETED THIS ARTICLE OUT as linked to above)
http://www.mainstreet.com/article/money/inves...ble?page=4
2/26/14: CEN Biotech, Inc. (Michigan) (FITX) Announces Partnership Agreement for Dispensing Pharmacy in Michigan.
http://finance.yahoo.com/news/cen-biotech-inc...00530.html
2/26/14: Medical marijuana plant as secure as Pentagon, official says.
http://www.theguardian.pe.ca/News/Local/2014-...ial-says/1
2/26/14: Detroit area pot 'pioneers' find room for growth near Windsor. From The Detroit News: http://www.detroitnews.com/article/20140226/B...z2uUFZ5DdT
2/26/14: Marijuana Business In Focus: GrowLife, Inc.
http://www.jointindustries.com/marijuana-busi...wlife-inc/
2/24/14: CEN Biotech, Inc. (FITX) Holds Open House for World’s Largest and Most Advanced Legal Cannabis Production Facility.
http://finance.yahoo.com/news/cen-biotech-inc...00090.html
2/18/14: CEN Biotech Inc. (FITX) Announces Shareholder Open House.
http://www.marketwatch.com/story/cen-biotech-...2014-02-18
2/17/14: This Public Company Has A Plan To Make $5 Billion A Year From Selling Pot.
http://www.businessinsider.com/company-plans-...pot-2014-2
2/17/14: FITX CEN Biotech means business! (Eye witness video showing ground breaking by excavator).
http://weedbusiness.tumblr.com/post/764257570...re-digging
2/16/14: CEN-Biotech is officially listed in the Marijuana Index and receives a Pioneers of Growth Award (marijuanaindex.org).
https://www.facebook.com/photo.php?fbid=33708...mp;theater
http://marijuanaindex.org
2/12/14: Will Creative Edge Nutrition Become The Jolly Green Giant Of Medical Marijuana?
http://m.benzinga.com/article/4303361?utm_sou...cebook.com
2/12/14: Marijuana manufacturing 2.0 - Fortune Tech. (CNN Money/Fortune article):
http://tech.fortune.cnn.com/2014/02/12/mariju...?iid=HP_LN
2/11/14: CEN Biotech Inc. (FITX) makes Headlines on National News Outlets.
http://finance.yahoo.com/news/cen-biotech-inc...00032.html
2/11/14: The Long, Strange Challenge Facing Marijuana Entrepreneurs.
http://www.inc.com/abigail-tracy/the-obstacle...neurs.html
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). THIS IS A MUST LISTEN!!!
http://marketfy.com/product/420investor/lesso...iew/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-busin...-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/1232705...NA&s=1
http://www.usatoday.com/videos/money/business...1/5373505/
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...00617.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-med...-1.2487036
2/7/14: The Cannabis Financial Network Highlights CEN BioTech, Inc. in Video interview.
http://www.marketwatch.com/story/the-cannabis..._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-...2014-02-06
2/6/14: 4 Stocks Winning Canada’s Medical Marijuana Market.
http://wallstcheatsheet.com/stocks/4-stocks-w...?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-hea...d=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-..._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/inves...ocks-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-busin...uzz?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-..._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-ent..._news_stmp
1/30/14: 7 Companies Capitalizing On Canadian Cannabis.
http://www.nasdaq.com/article/7-companies-cap...s-cm322295
1/30/14: OTC Markets FITX Attorney Letter with Respect to Current Information/Filing.
http://www.otcmarkets.com/financialReportView...;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-...n-Facility
1/28/14: Creative Edge Nutrition (FITX) Seeks Investment.
http://weedentrepreneur.com/weed-stock-spotli...ug-VaX0BaF
1/27/14: Creative Edge Predicts Faster-Growing Canadian Demand for Medical Marijuana.
http://www.marketwatch.com/story/creative-edg..._news_stmp
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...00395.html
1/12/14: Firm looks to light up pot sales with Canadian unit.
http://www.crainsdetroit.com/article/20140112...adian-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-...28D210.pdf
1/9/14: Creative Edge Nutrition (FITX) Launches Cenbiotechinc.com For Canadian Medical Marijuana Business.
http://finance.yahoo.com/news/creative-edge-n...00954.html
1/9/14: Endexx to Track a Million Pounds of Medical Marijuana in Canada.
http://finance.yahoo.com/news/endexx-track-mi...46337.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-wel...00349.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...eshore.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/compa...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-med...-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-mari...-1.1627119
1/7/14: Medical Marijuana Facility Coming.
http://blackburnnews.com/windsor/windsor-news...ty-coming/
1/7/14: Medical marijuana growing.
http://www.am800cklw.com/News/Headlines/Medic...na-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...mj-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-rec...00745.html
12/30/13: Big Marijuana: Is It The Future?
http://www.forbes.com/sites/karstenstrauss/20...he-future/
12/10/13: CEN BIOTECH, Inc. Releases Site Photos of Proposed Medical Marijuana Facility.
http://finance.yahoo.com/news/cen-biotech-inc...00782.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-pre...00570.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-...html?dsk=y
11/21/13: Another firm applies to grow marijuana.
http://blogs.windsorstar.com/2013/11/12/anoth...marijuana/
11/19/13: CEN Biotech, Inc. Leases Property for Medical Marijuana Product and Sales.
http://www.marketwatch.com/story/cen-biotech-...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-n...00593.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...00038.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-n...00415.html
9/6/13: Endexx Corporation and CEN Biotech, Inc. Enter Into Business Contract.
http://finance.yahoo.com/news/endexx-corporat...00372.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-n...00801.html
4/18/13: Creative Edge Nutrition, Inc. Announces the Second product into the Medical Marijuana Sector.
http://finance.yahoo.com/news/creative-edge-n...00832.html
3/25/13: Creative Edge Nutrition, Inc. Announces the Entrance into the Medical Marijuana Sector.
http://finance.yahoo.com/news/creative-edge-n...00129.html
2) SPORTS NUTRITION SUBSIDIARY (CENERGY):
3/31/14: Healthy and Fast Snacks and Meals! Another TV News Segment Discussing Benefits of AminoPlex.
http://www.kens5.com/great-day-sa/Healthy-and...41291.html
3/26/14: TV News Segment Discussing Benefits of AminoPlex.
http://mms.tveyes.com/PlaybackPortal.aspx?Sav...fa3b33b15a
11/25/13: Creative Edge Nutrition, Inc. Signs Multiple Country Distribution Contracts For Full Scale Product Distribution.
http://finance.yahoo.com/news/creative-edge-n...00962.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. On 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-n...00222.html
7/16/13: Creative Edge Nutrition Signs Retail Contract With Bodybuilding.com.
http://finance.yahoo.com/news/creative-edge-n...00454.html
7/15/13: Creative Edge Nutrition, Inc. Letter to Shareholders.
http://finance.yahoo.com/news/creative-edge-n...33840.html
6/28/13: Dr. Sam Alawieh Will Head Up Creative Edge Nutrition Advisory Team.
http://finance.yahoo.com/news/dr-sam-alawieh-...00421.html
6/27/13: Creative Edge Nutrition Announces They Are an Approved Vendor of Amazon.com.
http://finance.yahoo.com/news/creative-edge-n...00562.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-...00421.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/creat...41151.html
5/8/13: Creative Edge Nutrition, Inc. Announces The Acquisition of 3 Nutrition Super Stores.
http://finance.yahoo.com/news/creative-edge-n...00879.html
5/1/13: Creative Edge Nutrition, Inc. Expands Industry Management Team.
http://finance.yahoo.com/news/creative-edge-n...00610.html
10/15/12: Creative Edge Nutrition, Inc. Acquires Chesapeake Nutraceuticals.
http://www.prnewswire.com/news-releases/creat...78291.html
9/27/12: Creative Edge Nutrition Inc Completes Acquisition Of Sci-Fit And Nature's Science Brands.
http://www.prnewswire.com/news-releases/creat...10931.html
9/26/12: Creative Edge Nutrition Inc Acquires A-Z-Nutrition.com.
http://www.prnewswire.com/news-releases/creat...25711.html
8/20/12: Creative Edge Nutrition Inc Acquires SCD Enterprises, LLC.
http://www.prnewswire.com/news-releases/creat...49356.html
7/31/12: Creative Edge Nutrition Inc Acquires Innovative Fulfillment Corp.
http://finance.yahoo.com/news/creative-edge-n...00946.html
5/15/12: Creative Edge Nutrition Inc Completes Acquisition of Science Defined Nutrition.
http://www.prnewswire.com/news-releases/creat...96435.html
FITX
This DD was put together by Neuronal
what where the sizes of the lots sold?
any mil ones?
I just put 100k into AEGY this morning. this is like stealing.. good luck to all LONGS!
calm down everyone.. getting the license from health Canada is all part of the scam.. just like the vault/fence/cameras/SEC board members/etc. its all part of the scam. dont get fooled by facts.. duhh..
IMO I think it would be a good idea to sell all your shares so the price drops and I can get cheaper shares right before the license is granted.
I think this is a solid idea. will you guys go with my plan? please?
I thought I played this bad by getting out at .16 and .22 in the first day.
Well its better then holding which a lot of you did.. good luck.. but may take a few months before this really turns around.. grey markets suck IMO.
If they still had their deal with FITX I probably would of held though... because the was a sure thing... but without that.. no telling where this company is going to get 300 million in revenue..
How many pounds of marijuana is this company looking to get licensed for from Health Canada?
Tweed = 30,000 pounds
CEN Biotech = 1,300,000 pounds
Medican Enterprises = ?????????
Looking to put this company in perspective of other companies in the space.
I know right? FITX is defiantly a better company than APPLE.. there is no comparison.
Duh!
this is again wrong because that would mean that Jeff Thomas has more total shares than Bill..
Unless your saying that Bill has not filed a 144 for his full amount of shares that he could sell.. which would just prove my point again.
anywhere we can see how many total shares these insiders have? that would be helpful.
than how did Jeff Thomas file two 144 within 90 days?
ether someone is not selling or your facts are off.. one of the 2
and for this haha:
BOTTOM line - INSIDERS ARE SELLING EVEN BEFORE THEY GOT A MJ LICENSE.
PURE SPECULATION THAT JEFF THOMAS EVEN SOLD 1 SHARE...
The only thing we know for sure is that Bill sold a very small amount of shares once..
And it is a FACT that Bill did not fill out a 144 this month.. EVEN THO HE COULD!! look at Jeff Thomas.. filed two 144's within 90 days.
dude... how many times do I have to state it.. bill did not put in a 144 this month... so hes not selling his shares this month even tho he could..
Bill is choosing not to fill it out to show that he is not going to sell.
Show me the 144 that Bill filed in April than I would believe you.
but nice try ;)
if only that where true then you would have a point.. if only...
FALSE!
Sorry pal but BILL filed to sell the MAXIMUM he was allowed to sell - 1% of the outstanding shares in a 90 day period.
He did not fill out a 144 2 weeks ago so he has not filed to sell the maximum.
get your facts straight.
Jeff Thomas has.. not Bill
Note: 18,000,000 Proposed Sale (Form 144) N/A
02/03/14 CHAABAN, BAHJE (BILL),
That was in February! where is the one in April?? where???
(ps: Jeff Thomas has stated months ago that he will continue to do this every few months.. this is not new news)
FITX UPDATED DD - MUST READ!!!
INFORMATIONAL FITX WEBSITES:
http://fitxlong.com (3rd party website not associated with FITX, but continuously updated with progress pictures and info)
http://www.cenbiotechinc.com/PlatformApps/CEN/index.html
http://cenergynutrition.com
http://www.hemp-technologies.com
https://www.facebook.com/creativeedgenutrition
https://www.facebook.com/bill.cenergy?fref=ts
https://twitter.com/FITXupdates
I. COMPANY SUMMARY OF FITX:
**(Most up to date headlines/articles follow summaries 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 has been repeatedly publicly stated as recent as March. Further historical development of FITX can be read further down.
Under the FITX umbrella, there are 3 primary business subsidiaries:
1) CEN-BIOTECH:
This subsidiary will be 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 approximately 30 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 wants to eventually expand the facility to more than 1 million square feet on multiple floors, which would translate to $5 billion/year in revenue, with an anticipated profit margin of 80%. FITX plans to grow 50 strains of marijuana, from seeds sourced in Canada, Mexico and Colombia. The website is http://www.cenbiotechinc.com/PlatformApps/CEN/index.html
REGARDING LICENSURE:
-On 3/2/14 Bill stated on Facebook, "We are aiming for an accelerated build out of our existing 27,000 sq ft building. We anticipate completion within 8 to 10 weeks when we will call for inspection." (In the 420 Investor interview with Alan Brochstein, he mentioned that Health Canada requested that they expedite the build out, so they decided to retrofit the existing building prior to finishing the build out of the larger new building, which they continue to do at the same time).
-On 3/3/14 Bill stated on Facebook, "We only have to have the fence, the security protocol and cameras, vault and software in place."
-In an article 3/4/14, Bill stated, “We anticipate our license being issued in 8-12 weeks.”
http://www.dailytribune.com/general-news/2014...edical-pot
2) HEMP TECHNOLOGIES:
This well-established company was acquired with a majority ownership by FITX in 3/2014. Bill Chaaban, CEO & President of Creative Edge Nutrition stated, “we are very excited to have acquired Hemp Technologies Ltd. This will allow us to become growers and resellers of hemp and hemp products worldwide. It compliments our corporate mission of becoming a licensed grower and reseller of medical marijuana. We intend to utilize hemp for the extraction of CBD’s where allowed by law; in addition to all other activities being currently undertaken by Hemp Technologies Ltd.” Bill hired Anndrea Hermann as President of Hemp Technologies Ltd and Chief Scientific Officer for Creative Edge Nutrition Inc. in 3/2014. She has an extremely impressive and well-educated background. Notably, her resume shows: "Health Canada Authorized THC, Seed, Derivative, and Crop Sampling with Transporting, 2005-Present", as well as President of the Hemp Industries Association. Further details of her impressive resume can be seen here:
http://renewablematerials.oregonstate.edu/anndrea-hermann
On 3/27/14, Bill stated on Facebook:
"Great day today with Anndrea Hermann presenting to the local farmers in Lakeshore, Ontario. We will be doing hemp trials in essex county."
The website is http://www.hemp-technologies.com
3) 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, Europa Sports, Prosource, NutritionExpress, multiple others, and getting great reviews and placement on the bodybuilding.com product popularity charts. Our products were outselling more than HALF of the 418 products sold on the biggest online supplement store, bodybuilding.com (#189 on 2/4/14). The website is http://www.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 (HEMPNORTHAMERICA.COM), and the other is a premium Chia Seed based supplement line (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) Hemp Technologies Ltd (3/7/14): Bill Chaaban, CEO & President of Creative Edge Nutrition stated, “we are very excited to have acquired Hemp Technologies Ltd. This will allow us to become growers and resellers of hemp and hemp products worldwide. It compliments our corporate mission of becoming a licensed grower and reseller of medical marijuana. We intend to utilize hemp for the extraction of CBD’s where allowed by law; in addition to all other activities being currently undertaken by Hemp Technologies Ltd.”
III. SUMMARY OF FITX HISTORICAL PROGRESS:
The building of FITX up to this point has been carried out strategically in a very small amount of time in a business sense, as detailed below:
1) Bill Chaaban didn't become CEO until April 2012. This is when the real history of FITX began. Everything before this, including the reverse merger into the LBGE shell in 2011, is now irrelevant history. When he came on board, Creative Edge Nutrition had an idea for a single product, Metabolic Xtreme, but no actual products or revenue. Bill 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 and began to progress the company significantly and quickly. However, let's review the important background of how FITX has developed:
The business of LBGE was a completely different and unrelated type of business, and went defunct so Creative Edge reverse merged into the LBGE shell in 2011 in order to be able to expedite the process of becoming public. The initial CEO of Creative Edge named after the reverse merge was Paul Thomas. He was/is still the CEO of EST Nutrition (so he was wearing two hats). At that point, Creative Edge had 1 product in R+D (Metabolic Xtreme), which he basically dropped the ball on, as well as getting Creative Edge going (I'm speculating there may have also been some concern with competing products with his personal nutrition company). Bill Chaaban was then brought in to replace him in April 2012. Shortly after becoming CEO, Bill started really getting the business going. Not only did he bring Metabolic Xtreme to market, but he quickly brought several other products through R+D and to market, including AminoPlex and HyperInfusion. Bill also quickly wanted to get a ticker change to reflect the current business which had nothing to do with the old business, so he had it changed from LBGE to FITX. Not only did he get the nutritional side of the company up and running strongly (which is still ongoing), he announced and began development of a MMJ subsidiary 3/2013, CEN-Biotech, and we have witnessed a tremendous growth in this subsidiary in a very short amount of time.
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) After only a short time since becoming CEO, 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, Europa Sports, Prosource, NutritionExpress, multiple others, and getting great reviews with rapid movement up the bodybuilding.com product popularity charts. Our products were outselling more than HALF of the 418 products sold on the biggest online supplement store, bodybuilding.com (#189 on 2/4/14). THIS IS MAJOR PROGRESS.
4) On 3/25/13 FITX announced its entrance into the medical marijuana industry. We have made tremendous progress thus far in a VERY SHORT time period, which has catapulted us into a leading position in this new projected multi-billion dollar industry of medical marijuana, and our grow operation will be significantly larger than any other growers currently approved by Health Canada:
-FITX had 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 investor 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.
-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. We also have the land, existing buildings, and building permits/plans for expansion as weather has allowed (a brutal winter led to some slight delays). Bill has assured us that there are no zoning road blocks and they are working hand in hand with the town of Lakeshore, who is also very excited to be a part of this project.
-FITX received the "Ready to Build" letter from Health Canada in November 2013. On 1/9/14, FITX 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. FITX is now only awaiting the final license from Health Canada, pending inspection as per the timelines outlined above.
-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.
-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 on 3/4/14, 2/26/14, 2/10/14, 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/440919376687296512
https://twitter.com/jimcramer/status/438765199248859137
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!
IV. UPDATED RECENT DD:
1) MEDICINAL MARIJUANA SUBSIDIARY (CEN-BIOTECH):
4/22/14: Bill Chaaban, CEO of Creative Edge Nutrition/CEN Biotech at the NYC 420 Investor Conference hosted by NYC420Investor and DWEvents.com on 4/17/14.
https://www.youtube.com/watch?v=ikU6yQCWZKg&feature=youtu.be
4/22/14: Super Stock Profits Top Five Small Cap Focus List: Creative Edge Nutrition, Inc. Minerco Resources, Inc. Terra Tech Corporation, MedBox, Inc. Nuvilex, Inc.
http://www.marketwatch.com/story/super-stock-profits-top-five-small-cap-focus-list-creative-edge-nutrition-inc-minerco-resources-inc-terra-tech-corporation-medbox-inc-nuvilex-inc-2014-04-22
4/17/14: CEN Biotech Appoints John A. Germinario as Chairman of the Board: Respected Industry Veteran to Join Executive Leadership Team; Bringing Over 33 years of Experience in Global Capital Markets.
http://finance.yahoo.com/news/cen-biotech-appoints-john-germinario-130000257.html
4/17/14: FITX NYC 420 INVESTOR DINNER HOSTED BY DW EVENTS AND ENTERTAINMENT (portion of Bill’s talk recorded by a shareholder):
https://www.youtube.com/watch?a=&v=nUkReEfg8l4&feature=youtu.be&app=desktop
4/16/14: CEN Biotech Engages Push Point Management Group (PPMG) to Provide Strategic Corporate Advisory Services.
http://www.marketwatch.com/story/cen-biotech-engages-push-point-management-group-ppmg-to-provide-strategic-corporate-advisory-services-2014-04-16
4/15/14: Michigan businessman to open medical marijuana facility in Windsor: Marijuana pioneers.
http://metrotimes.com/covers/mich-businessman-to-open-medical-marijuana-facility-in-windsor-1.1668570
3/30/14: Commercial medical marijuana growers banking on massive sales.
http://www.cbc.ca/news/canada/british-columbi...-1.2591992
3/24/14: CEN Biotech, GrowLife and RXNB Mutually Extend the Date for Closing of their Strategic Partnership.
http://finance.yahoo.com/news/cen-biotech-gro...00909.html
3/21/14: Creative Edge Nutrition (FITX) Announces PRIVATE Funding for the Build Out of the World's Largest and Most Advanced Legal Cannabis Production Facility.
http://www.marketwatch.com/story/creative-edg...2014-03-21
3/20/14: Hemp harvest could pay healthy dividend.
http://www.stuff.co.nz/taranaki-daily-news/op...y-dividend
3/19/14: How Would a Hypothetical Marijuana ETF Do This Year? (FITX is highlighted in this article)
http://www.foxbusiness.com/markets/2014/02/20...this-year/
3/17/14: House made of hemp.
http://www.stuff.co.nz/taranaki-daily-news/bu...de-of-hemp
3/17/14: (FITX) Creative Edge Nutrition (FITX): Medical Marijuana, Industrial Hemp & Dietary Supplements - Shareholder Recap.
http://online.wsj.com/article/PR-CO-20140317-903078.html
3/17/14: Creative Edge Nutrition (FITX): Medical Marijuana, Industrial Hemp & Dietary Supplements - Shareholder Recap.
http://finance.yahoo.com/news/creative-edge-n...00472.html
3/14/14: How Much Could Michigan Gain In Marijuana Tax Revenue? (Article does not directly discuss FITX, but is relevant since they are based in MI and plan to enter MMJ industry there.)
http://m.benzinga.com/article/4392282
3/11/14: CEN Biotech, Inc. (FITX) Announces the Progress of the Build Out for World’s Largest and Most Advanced Legal Cannabis Production Facility.
http://finance.yahoo.com/news/cen-biotech-inc...00062.html
3/10/14: Creative Edge Nutrition Inc. (FITX) Announces the Appointment of Ms. Anndrea Hermann as President of Hemp Technologies Ltd and Chief Scientific Officer for Creative Edge Nutrition Inc.
http://www.marketwatch.com/story/creative-edg...2014-03-10
3/9/14: This 420 Investor interview with CEO Bill Chaaban of Creative Edge Nutrition (FITX) addresses the Hemp Technologies acquisition (announced 3/7), including financial and organizational details not covered in the initial press release, restricted shares and limited insider selling, the path to uplisting and the time-lines for completion of the CEN Biotech project, licensing and first sales from the facility.
http://www.marketfy.com/product/420investor/l...iew/42181/
3/7/14: Creative Edge Nutrition Inc. (FITX) Signs Agreement to Acquire Hemp Technologies Ltd.
http://finance.yahoo.com/news/creative-edge-n...00696.html
3/6/14: Is This The First $5 Billion Marijuana Company?
http://www.fastcoexist.com/3026605/is-this-th...na-company
3/4/14: Madison Heights businessman sees billions in medical pot.
http://www.dailytribune.com/general-news/2014...edical-pot
3/4/14: Medical Marijuana in Canada Set to Boom. (JIM CRAMER of MAD MONEY TWEETED THIS ARTICLE OUT as linked to above)
http://www.mainstreet.com/article/money/inves...a-set-boom
2/26/14: Is Marijuana the Next Bubble? (JIM CRAMER of MAD MONEY TWEETED THIS ARTICLE OUT as linked to above)
http://www.mainstreet.com/article/money/inves...ble?page=4
2/26/14: CEN Biotech, Inc. (Michigan) (FITX) Announces Partnership Agreement for Dispensing Pharmacy in Michigan.
http://finance.yahoo.com/news/cen-biotech-inc...00530.html
2/26/14: Medical marijuana plant as secure as Pentagon, official says.
http://www.theguardian.pe.ca/News/Local/2014-...ial-says/1
2/26/14: Detroit area pot 'pioneers' find room for growth near Windsor. From The Detroit News: http://www.detroitnews.com/article/20140226/B...z2uUFZ5DdT
2/26/14: Marijuana Business In Focus: GrowLife, Inc.
http://www.jointindustries.com/marijuana-busi...wlife-inc/
2/24/14: CEN Biotech, Inc. (FITX) Holds Open House for World’s Largest and Most Advanced Legal Cannabis Production Facility.
http://finance.yahoo.com/news/cen-biotech-inc...00090.html
2/18/14: CEN Biotech Inc. (FITX) Announces Shareholder Open House.
http://www.marketwatch.com/story/cen-biotech-...2014-02-18
2/17/14: This Public Company Has A Plan To Make $5 Billion A Year From Selling Pot.
http://www.businessinsider.com/company-plans-...pot-2014-2
2/17/14: FITX CEN Biotech means business! (Eye witness video showing ground breaking by excavator).
http://weedbusiness.tumblr.com/post/764257570...re-digging
2/16/14: CEN-Biotech is officially listed in the Marijuana Index and receives a Pioneers of Growth Award (marijuanaindex.org).
https://www.facebook.com/photo.php?fbid=33708...mp;theater
http://marijuanaindex.org
2/12/14: Will Creative Edge Nutrition Become The Jolly Green Giant Of Medical Marijuana?
http://m.benzinga.com/article/4303361?utm_sou...cebook.com
2/12/14: Marijuana manufacturing 2.0 - Fortune Tech. (CNN Money/Fortune article):
http://tech.fortune.cnn.com/2014/02/12/mariju...?iid=HP_LN
2/11/14: CEN Biotech Inc. (FITX) makes Headlines on National News Outlets.
http://finance.yahoo.com/news/cen-biotech-inc...00032.html
2/11/14: The Long, Strange Challenge Facing Marijuana Entrepreneurs.
http://www.inc.com/abigail-tracy/the-obstacle...neurs.html
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). THIS IS A MUST LISTEN!!!
http://marketfy.com/product/420investor/lesso...iew/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-busin...-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/1232705...NA&s=1
http://www.usatoday.com/videos/money/business...1/5373505/
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...00617.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-med...-1.2487036
2/7/14: The Cannabis Financial Network Highlights CEN BioTech, Inc. in Video interview.
http://www.marketwatch.com/story/the-cannabis..._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-...2014-02-06
2/6/14: 4 Stocks Winning Canada’s Medical Marijuana Market.
http://wallstcheatsheet.com/stocks/4-stocks-w...?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-hea...d=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-..._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/inves...ocks-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-busin...uzz?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-..._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-ent..._news_stmp
1/30/14: 7 Companies Capitalizing On Canadian Cannabis.
http://www.nasdaq.com/article/7-companies-cap...s-cm322295
1/30/14: OTC Markets FITX Attorney Letter with Respect to Current Information/Filing.
http://www.otcmarkets.com/financialReportView...;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-...n-Facility
1/28/14: Creative Edge Nutrition (FITX) Seeks Investment.
http://weedentrepreneur.com/weed-stock-spotli...ug-VaX0BaF
1/27/14: Creative Edge Predicts Faster-Growing Canadian Demand for Medical Marijuana.
http://www.marketwatch.com/story/creative-edg..._news_stmp
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...00395.html
1/12/14: Firm looks to light up pot sales with Canadian unit.
http://www.crainsdetroit.com/article/20140112...adian-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-...28D210.pdf
1/9/14: Creative Edge Nutrition (FITX) Launches Cenbiotechinc.com For Canadian Medical Marijuana Business.
http://finance.yahoo.com/news/creative-edge-n...00954.html
1/9/14: Endexx to Track a Million Pounds of Medical Marijuana in Canada.
http://finance.yahoo.com/news/endexx-track-mi...46337.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-wel...00349.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...eshore.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/compa...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-med...-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-mari...-1.1627119
1/7/14: Medical Marijuana Facility Coming.
http://blackburnnews.com/windsor/windsor-news...ty-coming/
1/7/14: Medical marijuana growing.
http://www.am800cklw.com/News/Headlines/Medic...na-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...mj-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-rec...00745.html
12/30/13: Big Marijuana: Is It The Future?
http://www.forbes.com/sites/karstenstrauss/20...he-future/
12/10/13: CEN BIOTECH, Inc. Releases Site Photos of Proposed Medical Marijuana Facility.
http://finance.yahoo.com/news/cen-biotech-inc...00782.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-pre...00570.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-...html?dsk=y
11/21/13: Another firm applies to grow marijuana.
http://blogs.windsorstar.com/2013/11/12/anoth...marijuana/
11/19/13: CEN Biotech, Inc. Leases Property for Medical Marijuana Product and Sales.
http://www.marketwatch.com/story/cen-biotech-...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-n...00593.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...00038.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-n...00415.html
9/6/13: Endexx Corporation and CEN Biotech, Inc. Enter Into Business Contract.
http://finance.yahoo.com/news/endexx-corporat...00372.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-n...00801.html
4/18/13: Creative Edge Nutrition, Inc. Announces the Second product into the Medical Marijuana Sector.
http://finance.yahoo.com/news/creative-edge-n...00832.html
3/25/13: Creative Edge Nutrition, Inc. Announces the Entrance into the Medical Marijuana Sector.
http://finance.yahoo.com/news/creative-edge-n...00129.html
2) SPORTS NUTRITION SUBSIDIARY (CENERGY):
3/31/14: Healthy and Fast Snacks and Meals! Another TV News Segment Discussing Benefits of AminoPlex.
http://www.kens5.com/great-day-sa/Healthy-and...41291.html
3/26/14: TV News Segment Discussing Benefits of AminoPlex.
http://mms.tveyes.com/PlaybackPortal.aspx?Sav...fa3b33b15a
11/25/13: Creative Edge Nutrition, Inc. Signs Multiple Country Distribution Contracts For Full Scale Product Distribution.
http://finance.yahoo.com/news/creative-edge-n...00962.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. On 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-n...00222.html
7/16/13: Creative Edge Nutrition Signs Retail Contract With Bodybuilding.com.
http://finance.yahoo.com/news/creative-edge-n...00454.html
7/15/13: Creative Edge Nutrition, Inc. Letter to Shareholders.
http://finance.yahoo.com/news/creative-edge-n...33840.html
6/28/13: Dr. Sam Alawieh Will Head Up Creative Edge Nutrition Advisory Team.
http://finance.yahoo.com/news/dr-sam-alawieh-...00421.html
6/27/13: Creative Edge Nutrition Announces They Are an Approved Vendor of Amazon.com.
http://finance.yahoo.com/news/creative-edge-n...00562.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-...00421.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/creat...41151.html
5/8/13: Creative Edge Nutrition, Inc. Announces The Acquisition of 3 Nutrition Super Stores.
http://finance.yahoo.com/news/creative-edge-n...00879.html
5/1/13: Creative Edge Nutrition, Inc. Expands Industry Management Team.
http://finance.yahoo.com/news/creative-edge-n...00610.html
10/15/12: Creative Edge Nutrition, Inc. Acquires Chesapeake Nutraceuticals.
http://www.prnewswire.com/news-releases/creat...78291.html
9/27/12: Creative Edge Nutrition Inc Completes Acquisition Of Sci-Fit And Nature's Science Brands.
http://www.prnewswire.com/news-releases/creat...10931.html
9/26/12: Creative Edge Nutrition Inc Acquires A-Z-Nutrition.com.
http://www.prnewswire.com/news-releases/creat...25711.html
8/20/12: Creative Edge Nutrition Inc Acquires SCD Enterprises, LLC.
http://www.prnewswire.com/news-releases/creat...49356.html
7/31/12: Creative Edge Nutrition Inc Acquires Innovative Fulfillment Corp.
http://finance.yahoo.com/news/creative-edge-n...00946.html
5/15/12: Creative Edge Nutrition Inc Completes Acquisition of Science Defined Nutrition.
http://www.prnewswire.com/news-releases/creat...96435.html
FITX
(note he already pulled out over a million of his "own" money)
that million less than 1% of his total shares.. that's laughable..
And it was used to pay back a loan.. (but that's irrelevant)
If this really is on the brink of disaster.. Bill would be selling a lot more than 1%.
Bill just had 55 million shares become unrestricted 2 weeks ago.. and he did not sell one share.. (even though everyone on this board was saying he was going to sell them all as fast as he can) whats he waiting for?? lol
Bill is all in.. and im all in.
GO FITX!
I need the price to go below .089 so I am able to buy 100k more shares even. come on!! bring down the price just a little more!!
I dont want to buy 99k shares.. looks weird
I have no questions or doubts. They are on schedule because I can see it with my own eyes. If you cannot see it.. I suggest taking look at the progress of the images posted last week.
Unless maybe you think those photos are fakes? haha
LONG FITX!
You show me the documentation of Sam selling 3 million shares and I will show you documentation of his history in medical marijuana.
You can spit it... but can you take it? haha
Bill has already gave his reasons why he sold his shares.. stickily business decision. pay back a loan.. not for personal gain. (and the shares he sold is less than 1% of his total amount of shares... its nothing)
Sam Alaweih has an extensive background in THC.. he has patents for growing medical marijuana. Look into his history and you will see that he really knows his stuff.
Bill is the CEO.. hes the business man and decision maker.. doesn't need to be hands on with the marijuana.. he just needs to surround himself with intelligent people in the field.
Bill has experience in selling Hemp products on the Creative side of the business.
I said I wouldnt answer any more questions.. but at least this one hasn't been answered in awhile.. but I thought it was common knowledge with this stock.
but now I am done answering questions.. i think im out of posts anyways.
Ugh.. i guess ill answer this one also..
Please do your DD
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=101132659
but the reason they are outputting energy is because of those HUGE solar panels on the roof. by LAW, they need to sell that energy to the local electricity company. By law.. they have to buy all their energy from the local energy company.
But this still gives them a huge discount on energy
I can answer all of these questions.. as most of the people on this board can also.. but I will let you do some DD and do it yourself. I am done with these negative armature questions.
I have answered all your questions so far.. and you just keep coming with more.. (never ending) and all of these questions have been answered 100's of times..
I am not going to sit here and answer 100's of questions.
PLEASE... just please do some DD.. i just posted it 5 minutes ago.. all your answers are in there. I made it easy for you
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=101132659
FITX UPDATED DD - MUST READ!
INFORMATIONAL FITX WEBSITES:
http://fitxlong.com (3rd party website not associated with FITX, but continuously updated with progress pictures and info)
http://www.cenbiotechinc.com/PlatformApps/CEN/index.html
http://cenergynutrition.com
http://www.hemp-technologies.com
https://www.facebook.com/creativeedgenutrition
https://www.facebook.com/bill.cenergy?fref=ts
https://twitter.com/FITXupdates
I. COMPANY SUMMARY OF FITX:
**(Most up to date headlines/articles follow summaries 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 has been repeatedly publicly stated as recent as March. Further historical development of FITX can be read further down.
Under the FITX umbrella, there are 3 primary business subsidiaries:
1) CEN-BIOTECH:
This subsidiary will be 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 approximately 30 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 wants to eventually expand the facility to more than 1 million square feet on multiple floors, which would translate to $5 billion/year in revenue, with an anticipated profit margin of 80%. FITX plans to grow 50 strains of marijuana, from seeds sourced in Canada, Mexico and Colombia. The website is http://www.cenbiotechinc.com/PlatformApps/CEN/index.html
REGARDING LICENSURE:
-On 3/2/14 Bill stated on Facebook, "We are aiming for an accelerated build out of our existing 27,000 sq ft building. We anticipate completion within 8 to 10 weeks when we will call for inspection." (In the 420 Investor interview with Alan Brochstein, he mentioned that Health Canada requested that they expedite the build out, so they decided to retrofit the existing building prior to finishing the build out of the larger new building, which they continue to do at the same time).
-On 3/3/14 Bill stated on Facebook, "We only have to have the fence, the security protocol and cameras, vault and software in place."
-In an article 3/4/14, Bill stated, “We anticipate our license being issued in 8-12 weeks.”
http://www.dailytribune.com/general-news/2014...edical-pot
2) HEMP TECHNOLOGIES:
This well-established company was acquired with a majority ownership by FITX in 3/2014. Bill Chaaban, CEO & President of Creative Edge Nutrition stated, “we are very excited to have acquired Hemp Technologies Ltd. This will allow us to become growers and resellers of hemp and hemp products worldwide. It compliments our corporate mission of becoming a licensed grower and reseller of medical marijuana. We intend to utilize hemp for the extraction of CBD’s where allowed by law; in addition to all other activities being currently undertaken by Hemp Technologies Ltd.” Bill hired Anndrea Hermann as President of Hemp Technologies Ltd and Chief Scientific Officer for Creative Edge Nutrition Inc. in 3/2014. She has an extremely impressive and well-educated background. Notably, her resume shows: "Health Canada Authorized THC, Seed, Derivative, and Crop Sampling with Transporting, 2005-Present", as well as President of the Hemp Industries Association. Further details of her impressive resume can be seen here:
http://renewablematerials.oregonstate.edu/anndrea-hermann
On 3/27/14, Bill stated on Facebook:
"Great day today with Anndrea Hermann presenting to the local farmers in Lakeshore, Ontario. We will be doing hemp trials in essex county."
The website is http://www.hemp-technologies.com
3) 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, Europa Sports, Prosource, NutritionExpress, multiple others, and getting great reviews and placement on the bodybuilding.com product popularity charts. Our products were outselling more than HALF of the 418 products sold on the biggest online supplement store, bodybuilding.com (#189 on 2/4/14). The website is http://www.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 (HEMPNORTHAMERICA.COM), and the other is a premium Chia Seed based supplement line (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) Hemp Technologies Ltd (3/7/14): Bill Chaaban, CEO & President of Creative Edge Nutrition stated, “we are very excited to have acquired Hemp Technologies Ltd. This will allow us to become growers and resellers of hemp and hemp products worldwide. It compliments our corporate mission of becoming a licensed grower and reseller of medical marijuana. We intend to utilize hemp for the extraction of CBD’s where allowed by law; in addition to all other activities being currently undertaken by Hemp Technologies Ltd.”
III. SUMMARY OF FITX HISTORICAL PROGRESS:
The building of FITX up to this point has been carried out strategically in a very small amount of time in a business sense, as detailed below:
1) Bill Chaaban didn't become CEO until April 2012. This is when the real history of FITX began. Everything before this, including the reverse merger into the LBGE shell in 2011, is now irrelevant history. When he came on board, Creative Edge Nutrition had an idea for a single product, Metabolic Xtreme, but no actual products or revenue. Bill 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 and began to progress the company significantly and quickly. However, let's review the important background of how FITX has developed:
The business of LBGE was a completely different and unrelated type of business, and went defunct so Creative Edge reverse merged into the LBGE shell in 2011 in order to be able to expedite the process of becoming public. The initial CEO of Creative Edge named after the reverse merge was Paul Thomas. He was/is still the CEO of EST Nutrition (so he was wearing two hats). At that point, Creative Edge had 1 product in R+D (Metabolic Xtreme), which he basically dropped the ball on, as well as getting Creative Edge going (I'm speculating there may have also been some concern with competing products with his personal nutrition company). Bill Chaaban was then brought in to replace him in April 2012. Shortly after becoming CEO, Bill started really getting the business going. Not only did he bring Metabolic Xtreme to market, but he quickly brought several other products through R+D and to market, including AminoPlex and HyperInfusion. Bill also quickly wanted to get a ticker change to reflect the current business which had nothing to do with the old business, so he had it changed from LBGE to FITX. Not only did he get the nutritional side of the company up and running strongly (which is still ongoing), he announced and began development of a MMJ subsidiary 3/2013, CEN-Biotech, and we have witnessed a tremendous growth in this subsidiary in a very short amount of time.
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) After only a short time since becoming CEO, 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, Europa Sports, Prosource, NutritionExpress, multiple others, and getting great reviews with rapid movement up the bodybuilding.com product popularity charts. Our products were outselling more than HALF of the 418 products sold on the biggest online supplement store, bodybuilding.com (#189 on 2/4/14). THIS IS MAJOR PROGRESS.
4) On 3/25/13 FITX announced its entrance into the medical marijuana industry. We have made tremendous progress thus far in a VERY SHORT time period, which has catapulted us into a leading position in this new projected multi-billion dollar industry of medical marijuana, and our grow operation will be significantly larger than any other growers currently approved by Health Canada:
-FITX had 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 investor 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.
-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. We also have the land, existing buildings, and building permits/plans for expansion as weather has allowed (a brutal winter led to some slight delays). Bill has assured us that there are no zoning road blocks and they are working hand in hand with the town of Lakeshore, who is also very excited to be a part of this project.
-FITX received the "Ready to Build" letter from Health Canada in November 2013. On 1/9/14, FITX 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. FITX is now only awaiting the final license from Health Canada, pending inspection as per the timelines outlined above.
-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.
-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 on 3/4/14, 2/26/14, 2/10/14, 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/440919376687296512
https://twitter.com/jimcramer/status/438765199248859137
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!
IV. UPDATED RECENT DD:
1) MEDICINAL MARIJUANA SUBSIDIARY (CEN-BIOTECH):
4/22/14: Bill Chaaban, CEO of Creative Edge Nutrition/CEN Biotech at the NYC 420 Investor Conference hosted by NYC420Investor and DWEvents.com on 4/17/14.
https://www.youtube.com/watch?v=ikU6yQCWZKg&feature=youtu.be
4/22/14: Super Stock Profits Top Five Small Cap Focus List: Creative Edge Nutrition, Inc. Minerco Resources, Inc. Terra Tech Corporation, MedBox, Inc. Nuvilex, Inc.
http://www.marketwatch.com/story/super-stock-profits-top-five-small-cap-focus-list-creative-edge-nutrition-inc-minerco-resources-inc-terra-tech-corporation-medbox-inc-nuvilex-inc-2014-04-22
4/17/14: CEN Biotech Appoints John A. Germinario as Chairman of the Board: Respected Industry Veteran to Join Executive Leadership Team; Bringing Over 33 years of Experience in Global Capital Markets.
http://finance.yahoo.com/news/cen-biotech-appoints-john-germinario-130000257.html
4/17/14: FITX NYC 420 INVESTOR DINNER HOSTED BY DW EVENTS AND ENTERTAINMENT (portion of Bill’s talk recorded by a shareholder):
https://www.youtube.com/watch?a=&v=nUkReEfg8l4&feature=youtu.be&app=desktop
4/16/14: CEN Biotech Engages Push Point Management Group (PPMG) to Provide Strategic Corporate Advisory Services.
http://www.marketwatch.com/story/cen-biotech-engages-push-point-management-group-ppmg-to-provide-strategic-corporate-advisory-services-2014-04-16
4/15/14: Michigan businessman to open medical marijuana facility in Windsor: Marijuana pioneers.
http://metrotimes.com/covers/mich-businessman-to-open-medical-marijuana-facility-in-windsor-1.1668570
3/30/14: Commercial medical marijuana growers banking on massive sales.
http://www.cbc.ca/news/canada/british-columbi...-1.2591992
3/24/14: CEN Biotech, GrowLife and RXNB Mutually Extend the Date for Closing of their Strategic Partnership.
http://finance.yahoo.com/news/cen-biotech-gro...00909.html
3/21/14: Creative Edge Nutrition (FITX) Announces PRIVATE Funding for the Build Out of the World's Largest and Most Advanced Legal Cannabis Production Facility.
http://www.marketwatch.com/story/creative-edg...2014-03-21
3/20/14: Hemp harvest could pay healthy dividend.
http://www.stuff.co.nz/taranaki-daily-news/op...y-dividend
3/19/14: How Would a Hypothetical Marijuana ETF Do This Year? (FITX is highlighted in this article)
http://www.foxbusiness.com/markets/2014/02/20...this-year/
3/17/14: House made of hemp.
http://www.stuff.co.nz/taranaki-daily-news/bu...de-of-hemp
3/17/14: (FITX) Creative Edge Nutrition (FITX): Medical Marijuana, Industrial Hemp & Dietary Supplements - Shareholder Recap.
http://online.wsj.com/article/PR-CO-20140317-903078.html
3/17/14: Creative Edge Nutrition (FITX): Medical Marijuana, Industrial Hemp & Dietary Supplements - Shareholder Recap.
http://finance.yahoo.com/news/creative-edge-n...00472.html
3/14/14: How Much Could Michigan Gain In Marijuana Tax Revenue? (Article does not directly discuss FITX, but is relevant since they are based in MI and plan to enter MMJ industry there.)
http://m.benzinga.com/article/4392282
3/11/14: CEN Biotech, Inc. (FITX) Announces the Progress of the Build Out for World’s Largest and Most Advanced Legal Cannabis Production Facility.
http://finance.yahoo.com/news/cen-biotech-inc...00062.html
3/10/14: Creative Edge Nutrition Inc. (FITX) Announces the Appointment of Ms. Anndrea Hermann as President of Hemp Technologies Ltd and Chief Scientific Officer for Creative Edge Nutrition Inc.
http://www.marketwatch.com/story/creative-edg...2014-03-10
3/9/14: This 420 Investor interview with CEO Bill Chaaban of Creative Edge Nutrition (FITX) addresses the Hemp Technologies acquisition (announced 3/7), including financial and organizational details not covered in the initial press release, restricted shares and limited insider selling, the path to uplisting and the time-lines for completion of the CEN Biotech project, licensing and first sales from the facility.
http://www.marketfy.com/product/420investor/l...iew/42181/
3/7/14: Creative Edge Nutrition Inc. (FITX) Signs Agreement to Acquire Hemp Technologies Ltd.
http://finance.yahoo.com/news/creative-edge-n...00696.html
3/6/14: Is This The First $5 Billion Marijuana Company?
http://www.fastcoexist.com/3026605/is-this-th...na-company
3/4/14: Madison Heights businessman sees billions in medical pot.
http://www.dailytribune.com/general-news/2014...edical-pot
3/4/14: Medical Marijuana in Canada Set to Boom. (JIM CRAMER of MAD MONEY TWEETED THIS ARTICLE OUT as linked to above)
http://www.mainstreet.com/article/money/inves...a-set-boom
2/26/14: Is Marijuana the Next Bubble? (JIM CRAMER of MAD MONEY TWEETED THIS ARTICLE OUT as linked to above)
http://www.mainstreet.com/article/money/inves...ble?page=4
2/26/14: CEN Biotech, Inc. (Michigan) (FITX) Announces Partnership Agreement for Dispensing Pharmacy in Michigan.
http://finance.yahoo.com/news/cen-biotech-inc...00530.html
2/26/14: Medical marijuana plant as secure as Pentagon, official says.
http://www.theguardian.pe.ca/News/Local/2014-...ial-says/1
2/26/14: Detroit area pot 'pioneers' find room for growth near Windsor. From The Detroit News: http://www.detroitnews.com/article/20140226/B...z2uUFZ5DdT
2/26/14: Marijuana Business In Focus: GrowLife, Inc.
http://www.jointindustries.com/marijuana-busi...wlife-inc/
2/24/14: CEN Biotech, Inc. (FITX) Holds Open House for World’s Largest and Most Advanced Legal Cannabis Production Facility.
http://finance.yahoo.com/news/cen-biotech-inc...00090.html
2/18/14: CEN Biotech Inc. (FITX) Announces Shareholder Open House.
http://www.marketwatch.com/story/cen-biotech-...2014-02-18
2/17/14: This Public Company Has A Plan To Make $5 Billion A Year From Selling Pot.
http://www.businessinsider.com/company-plans-...pot-2014-2
2/17/14: FITX CEN Biotech means business! (Eye witness video showing ground breaking by excavator).
http://weedbusiness.tumblr.com/post/764257570...re-digging
2/16/14: CEN-Biotech is officially listed in the Marijuana Index and receives a Pioneers of Growth Award (marijuanaindex.org).
https://www.facebook.com/photo.php?fbid=33708...mp;theater
http://marijuanaindex.org
2/12/14: Will Creative Edge Nutrition Become The Jolly Green Giant Of Medical Marijuana?
http://m.benzinga.com/article/4303361?utm_sou...cebook.com
2/12/14: Marijuana manufacturing 2.0 - Fortune Tech. (CNN Money/Fortune article):
http://tech.fortune.cnn.com/2014/02/12/mariju...?iid=HP_LN
2/11/14: CEN Biotech Inc. (FITX) makes Headlines on National News Outlets.
http://finance.yahoo.com/news/cen-biotech-inc...00032.html
2/11/14: The Long, Strange Challenge Facing Marijuana Entrepreneurs.
http://www.inc.com/abigail-tracy/the-obstacle...neurs.html
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). THIS IS A MUST LISTEN!!!
http://marketfy.com/product/420investor/lesso...iew/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-busin...-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/1232705...NA&s=1
http://www.usatoday.com/videos/money/business...1/5373505/
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...00617.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-med...-1.2487036
2/7/14: The Cannabis Financial Network Highlights CEN BioTech, Inc. in Video interview.
http://www.marketwatch.com/story/the-cannabis..._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-...2014-02-06
2/6/14: 4 Stocks Winning Canada’s Medical Marijuana Market.
http://wallstcheatsheet.com/stocks/4-stocks-w...?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-hea...d=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-..._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/inves...ocks-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-busin...uzz?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-..._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-ent..._news_stmp
1/30/14: 7 Companies Capitalizing On Canadian Cannabis.
http://www.nasdaq.com/article/7-companies-cap...s-cm322295
1/30/14: OTC Markets FITX Attorney Letter with Respect to Current Information/Filing.
http://www.otcmarkets.com/financialReportView...;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-...n-Facility
1/28/14: Creative Edge Nutrition (FITX) Seeks Investment.
http://weedentrepreneur.com/weed-stock-spotli...ug-VaX0BaF
1/27/14: Creative Edge Predicts Faster-Growing Canadian Demand for Medical Marijuana.
http://www.marketwatch.com/story/creative-edg..._news_stmp
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...00395.html
1/12/14: Firm looks to light up pot sales with Canadian unit.
http://www.crainsdetroit.com/article/20140112...adian-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-...28D210.pdf
1/9/14: Creative Edge Nutrition (FITX) Launches Cenbiotechinc.com For Canadian Medical Marijuana Business.
http://finance.yahoo.com/news/creative-edge-n...00954.html
1/9/14: Endexx to Track a Million Pounds of Medical Marijuana in Canada.
http://finance.yahoo.com/news/endexx-track-mi...46337.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-wel...00349.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...eshore.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/compa...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-med...-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-mari...-1.1627119
1/7/14: Medical Marijuana Facility Coming.
http://blackburnnews.com/windsor/windsor-news...ty-coming/
1/7/14: Medical marijuana growing.
http://www.am800cklw.com/News/Headlines/Medic...na-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...mj-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-rec...00745.html
12/30/13: Big Marijuana: Is It The Future?
http://www.forbes.com/sites/karstenstrauss/20...he-future/
12/10/13: CEN BIOTECH, Inc. Releases Site Photos of Proposed Medical Marijuana Facility.
http://finance.yahoo.com/news/cen-biotech-inc...00782.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-pre...00570.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-...html?dsk=y
11/21/13: Another firm applies to grow marijuana.
http://blogs.windsorstar.com/2013/11/12/anoth...marijuana/
11/19/13: CEN Biotech, Inc. Leases Property for Medical Marijuana Product and Sales.
http://www.marketwatch.com/story/cen-biotech-...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-n...00593.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...00038.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-n...00415.html
9/6/13: Endexx Corporation and CEN Biotech, Inc. Enter Into Business Contract.
http://finance.yahoo.com/news/endexx-corporat...00372.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-n...00801.html
4/18/13: Creative Edge Nutrition, Inc. Announces the Second product into the Medical Marijuana Sector.
http://finance.yahoo.com/news/creative-edge-n...00832.html
3/25/13: Creative Edge Nutrition, Inc. Announces the Entrance into the Medical Marijuana Sector.
http://finance.yahoo.com/news/creative-edge-n...00129.html
2) SPORTS NUTRITION SUBSIDIARY (CENERGY):
3/31/14: Healthy and Fast Snacks and Meals! Another TV News Segment Discussing Benefits of AminoPlex.
http://www.kens5.com/great-day-sa/Healthy-and...41291.html
3/26/14: TV News Segment Discussing Benefits of AminoPlex.
http://mms.tveyes.com/PlaybackPortal.aspx?Sav...fa3b33b15a
11/25/13: Creative Edge Nutrition, Inc. Signs Multiple Country Distribution Contracts For Full Scale Product Distribution.
http://finance.yahoo.com/news/creative-edge-n...00962.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. On 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-n...00222.html
7/16/13: Creative Edge Nutrition Signs Retail Contract With Bodybuilding.com.
http://finance.yahoo.com/news/creative-edge-n...00454.html
7/15/13: Creative Edge Nutrition, Inc. Letter to Shareholders.
http://finance.yahoo.com/news/creative-edge-n...33840.html
6/28/13: Dr. Sam Alawieh Will Head Up Creative Edge Nutrition Advisory Team.
http://finance.yahoo.com/news/dr-sam-alawieh-...00421.html
6/27/13: Creative Edge Nutrition Announces They Are an Approved Vendor of Amazon.com.
http://finance.yahoo.com/news/creative-edge-n...00562.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-...00421.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/creat...41151.html
5/8/13: Creative Edge Nutrition, Inc. Announces The Acquisition of 3 Nutrition Super Stores.
http://finance.yahoo.com/news/creative-edge-n...00879.html
5/1/13: Creative Edge Nutrition, Inc. Expands Industry Management Team.
http://finance.yahoo.com/news/creative-edge-n...00610.html
10/15/12: Creative Edge Nutrition, Inc. Acquires Chesapeake Nutraceuticals.
http://www.prnewswire.com/news-releases/creat...78291.html
9/27/12: Creative Edge Nutrition Inc Completes Acquisition Of Sci-Fit And Nature's Science Brands.
http://www.prnewswire.com/news-releases/creat...10931.html
9/26/12: Creative Edge Nutrition Inc Acquires A-Z-Nutrition.com.
http://www.prnewswire.com/news-releases/creat...25711.html
8/20/12: Creative Edge Nutrition Inc Acquires SCD Enterprises, LLC.
http://www.prnewswire.com/news-releases/creat...49356.html
7/31/12: Creative Edge Nutrition Inc Acquires Innovative Fulfillment Corp.
http://finance.yahoo.com/news/creative-edge-n...00946.html
5/15/12: Creative Edge Nutrition Inc Completes Acquisition of Science Defined Nutrition.
http://www.prnewswire.com/news-releases/creat...96435.html
FITX
Who said he presented this to the town or contractors? this was provided to the shareholders at a shareholder meeting.. its obviously a simplified version so the average investor understands it.
This is a non-argument.. pointless.
Some DD will help you with your questions
are you serious? your last 5 posts have been about the schedule.. now that I show it to you.. you dismiss it saying
"Of course it's on schedule.
Bill's schedule."
LOL... what other schedule should they be on other than the Company/CEO's schedule? its not like the schedule is changing... I do not see your point.
Then you end your comment with pure speculation BS with nothing to back it up..
BRAVO.. BRAVO...
next
FITX Schedule
This should help clear things up for you. Here is the timeline:
https://twitter.com/FITXupdates/status/437001138505003008/photo/1
This started on Feb 21st (date of shareholder meeting)
So we are on Week 8-9 right now.
They will have the rest complete mid May. If they do not have this complete by end of May.. then you can start asking these questions.
Everything is on schedule.
Here is the rest of the schedule (end of Phase II plus Phase III)
Your playing with fire if you hold this over the weekend.
Wayy too many question marks... very high short-term risk...
Good luck to all of you. I personally got out at .22
I think you must be new to this stock. your asking these questions as if they are supposed to be ready to grow right now. ask these same questions in 1 month.. they are right on schedule.
Shorts wont stay in over weekend.
WAYYY to risky.. this stock should rise slowly into the close as they cover.
IMO there wont be a license announcement this weekend. but there is a small chance there can be.. so the shorts wont risk it.. also if Bill announces the inspection went very well.. stock will soar on that alone.
GL TO ALL FITX LONGS!
expectations are managed and calculated. 300mil market cap is a joke for a company with license to grow 1.3 million pounds a year in Canada.
Its very simple... but yes it will take a few years for this company to make its first billion.. but once approved.. there is no doubting it will get there eventually.. so the stock will soar on expectations.