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I am not touching this.. when the day traders start to take profits and get out.. good luck getting out also... thats the problem with they greys.. when you want to get out.. most of the time you cant.. because everyone is trying to at the same time... im not risking that.
PHOT will peak at somepoint today.. watch out. upward momentum is slowing..
also volume will decrease throughout the day as the people that want out get out.
good luck to all here
how it works?: first come first served? or is it just random what orders get filled first.
Ill buy anyones shares at .25
30 years in the making? quite a scam lol!
sorry but if anyone thinks PHOT is a scam is just funny to me.. entertaining
If anyone wants to sell me your shares at .25 I will gladly take them. 50% discount all day every day.
PM me and we can match up our orders perfectly so it gets filled at .25
yup. and PHOT is a fully reporting company.. way more legit than CA*N.
LONG & STRONG PHOT!!
im not worried about tomorrow at all...
we all know there will be a huge dip and a bounce.
I am confident that bounce will hold and rise.. others think the bounce will be a dead cat bounce and this company will go in the shi**er.
I believe the PHOT has a good management team and will survive this... this... do we even know why they got suspended? haha. This could be nothing.. and panic selling doesnt seem like the smart choice.. but everyone can do what they want with their shares.
We all invested in this company for a reason.. we believed in the vision and this management. to panic sell now... your throwing your research and DD out the window.
IMO.. the smart people will be the buyers tomorrow.. but not many have the balls to do it.
PHOT will be out of Greys in no-time.. this talk of them staying in greys forever is hilarious.
PHOT is a real company people.. the only tickers that stay in greys are fake companys that are completly scams.
CANN was out of the greys within a few days.. PHOT is a more established company than CANN.
3 days MAX in greys.. my guess is 1 day.
People are just trying to scare you out of shares saying PHOT will stay in grays and will eventually go to .001
like come on.. really? do you know anything about PHOT? they make money, they report revenue.
If this goes under 10 cents im buying and laughing my way to the bank
GL to all real longs tomorrow!
If they are cleared we will know tomorrow? what makes you say that? How do you know the SEC will announce that tomorrow if its true?
well im selling PH*T and buying FITX tomorrow.. and im probably not the only one.. should be an interesting day
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
sell limit order better?
would stop orders work tomorrow?
Or sell limit orders?
I want to sell half my shares at .20 if possible. dont know how to go about it.
ill just let the rest of my shares ride
Can E-Trade trade on the grey market?
Anyone here have experience trading on the grey market? if so, can you give us a brief summary of how it works? and what you think will happen tomorrow?
Also, how long will PHOT be on the grey market?
Zoning is a non-issue.
From the CEO on April 10, 2014
______________________________
Shareholder Update:
In response to the following events:
1. Town of Lakeshore: As I have stated numerous times, we are in compliance with all zoning and bylaws. We are being currently inspected by Lakeshore's inspectors. We have hired the best of the best for trades, engineers, and architects. We are NOT in an adversarial stance with the Town of Lakeshore. We are working hand in hand dealing with the future of medical marijuana in Lakeshore. We are proud of our cooperation with the Mayor, City councilors, City workers and residents. We intend to be great corporate citizens. Harassing public officials because of the bashing agenda of a few is ridiculous. We are working within the laws and Lakeshore is enforcing the laws. There is no need or intent for litigation. Friends we are...and friends we shall remain.
2. Project Financing: Our financing is secure. I sought private financing as a contingency to the GrowLife deal and our project continues regardless of the Growlife deal. We are funded. Our contractors are being paid. Our work continues. We are on schedule for completion as previously announced.
3. We continue to work with FINRA and have provided all materials they have requested and will continue to do so as they request. As stated before, they are out to protect the public interest and we thank them for their service. I cannot comment at this time on the halting of trading of Growlife. I must reiterate... WE EXISTED BEFORE THEIR DEAL AND WE WILL EXIST REGARDLESS OF THEIR FATE. We at Creative Edge Nutrition continue to act in the best interest of our shareholders.
4. Future Uplist to a higher exchange. We continue to work towards our goal of uplisting to a higher exchange in the next few months.
God Bless Canada. God Bless America. Thank you for being shareholders.
_________________________
Im not falling for some crap article. they also came out with an article a few weeks ago that was also proven to be untrue a few days later.
This would be a much bigger story in the town of Lakeshore if there was a zoning issue... would be all over their news...
anyone who falls for this stuff is a fool IMO
Mayor of Lakeshore in the video debunks this issue: http://vimeo.com/83685127
I believe this video over some crap article that has no credibility
You got to remember Bill was not the CEO when this company got into the pinks.
Bill has stated numerous times he does not like being in the pinks and wants to uplist asap. and he has taken strides to do so like hiring this SEC whistle blower for example.
He has also cut ties with companies that may jeopardize up-listing.
calling Bill a pinky CEO... makes him sound like a bad CEO.
Most "pinky CEO's" i would not trust because their company are in the PINKS for a reason. but in this case. Bill took over this company, so it was never his decision to be in the pinks.
Looks like .09 is the new floor. chart looks VERY STRONG
buying here
no duh, if you wait for that you wont make any money on this stock. It would be in dollar land. I am not waiting.. i see the vision
investing 101
get in before everyone else does...
Shorts are covering left and right! haha this LVL2 looks amazing.. all the monster walls have been knocked down.. up we gooo
BLUE SKY BREAKOUT!!!! No stopping this HULK now!
The town has said YES a long time ago!
Sources:
http://blogs.windsorstar.com/2014/01/07/company-invests-12-million-to-grow-medical-marijuana-in-lakeshore/
https://vimeo.com/83685127
http://finance.yahoo.com/news/cen-biotech-welcomed-town-lakeshore-165800349.html
This is OLD NEWS.
Lakeshore has been on board since the beginning.
Are you trying to say you know more than the MAYOR of lakeshore??
Breaking through HUGE walls like the Incredible Hulk.. Getting GREEN and ANGRY!
Next wall... .09
I got in at .30 so .20 wouldnt be so bad... im glad i moved most of my shares to FITX before this got halted.
I got to thank PHOT for my FITX investment though... FITX will more than cover any losses with PHOT.
I think PHOT will bounce eventually. but im not willing to wait a year on it.
Why would they apply knowing they would be rejected.. there is no PR out saying they applied.. it would be completly pointless if they are a scam. your completely contradicting yourself now.. but i guess you cannot see it.
You have been saying this company is a scam for months.. now your saying they may have already filed for an application for HC? why would a scam do this? I am confused haha.
lol... this one made me laugh.. thanks
Lets hope the License isn't already priced in!!!
Bingo. At least someone here knows that they are talking about
An insider can only sell 1% of the O/S during a 90 day period, which means in this case, Jeff did not sell the full amount listed on the initial form 144 and is filing an amended form. The form only indicates the intent to sell but it is not mandated to actually sell. If you don't sell, then it is required to file an amended form 144. He is simply extending his 90-day window with a small increase in the number of shares. This is by the book.
hes a known pumper? dont spread false information. Bill has never been part of any pump or dump or scam of any kind. his record is clean. try again
trying to get a bid under 9 cents at open.. prob not going to happen but im going to try
I would be ecstatic to get shares at .075 again haha... but thats a pipe dream now buddy
You also said there would never be a vault. I believe in Bill. He will get us there.. maybe not this year.. but he will
why is it a red flag? i would say it shows transparency.. otherwise no one would believe them.
Tweed showed pics of inside there building when they first got it.. they had an interview inside it.
but yes.. the share structure is f'ed up over there with FITX.. thats why its under 10 cents a share.
TWEED did it the right way.. share structure way better. both companies have similar market caps tho.. but TWEED is already up and running so its the obvious choice
good call.. will probably be enough demand for all these companies.. this is a goldmine
well it looks like we got some tough competition... or main competitor FITX is def not a scam... they just posted pictures of a massive vault. so they will be getting a license soon
Do you think this will affect us at all? I think there is enough patients in Canada so I am not too worried. just wish we where producing 1.3 million pounds a year like them.
I think we both will do well.
LONG TWD!
can you say.. new all-time highs tomorrow?
this might gap up to .10 easy
I see evidence of a "proposed sale" nothing saying Jeff Thomas actually sold anything. please provide that source and I will believe you.
And you do not think Jeff Thomas deserves an income so he shouldnt get one? you get to decide that? you have no idea what he has done for creative edge over the past year. So do not claim like you do.
And Bill never claimed that he didn't sell any shares after he sold shares.
Once he did sell shares.. he came out and made it public, and he didn't have to do that. (was a business decision to pay back a loan, not for personal use)
Jeff Thomas will continue to file these 144's every few months, since he stated he will do so, so he will have the ability to sell if he wants to. hes not doing anything illegal. and nothing is surprising here...
And for this
Cashing out over $3.5 million bucks in the past couple months. REALLY?
this is not anything new. Jeff Thomas has come out and said he will file 144 every few months.. he gets paid in stock.. he has to or he will have no income.
come on samsamsamiam... we went over this last time he filed a 144
FITX has grown to 80% of my portfolio. This is no typical pink.. I have messed around with pinks for many years... do your DD and you will be all in on this stock as I am.
FITX = opportunity of a life time IMO
up she goes again.. love this stock