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Do you have an email confirming this?
Maybe he did, I have no idea, but maybe if you go to http://kepler.sos.ca.gov/ and type in Giddy than search. A few companies pop up maybe he did and its the third one from the top and the entity is called Giddy Up Energy Products, Inc.
However its tough to tell who filled for the entities on the California website because you can just use your lawyer's name for agent service and theres no more info than that. It is active with the California SOS still so maybe he did, or it could be a completely different company.
I have no idea.
Also the address listed for the company for someone that lives there is 12411 OSBORNE STREET.... http://www.spokeo.com/CA/Pacoima/12411-Osborne-St/75
Under that link, it says someone lives there called Y**** Robinson and they have a relative J*** Robinson. May be the entity? Not sure tho, just looking.
$FITX
The D.A.R.E program which is run in almost every school has now also taken cannabis off there list of drugs they talk about and the program has also started to state that it being a gateway drug isn't really true much anymore. The tide is slowly building for MJ to be legalized everywhere. The 2016 elections should see 5 or 6 states legalize recreational use, which would make recreational use legal in 20% of the country by the end of 2016.
Nothing illegal about issuing shares to these people for debt and consulting issues. That's how companies find themselves. Nothing wrong with that that's how the penny stocks fund themselves. Simple as that.
Without question at those levels. It's a gamble and I'll take my chances there for sure. Best of luck Tho buddy on other investments! $FITX
A week from tomorrow you won't be anymore
My point is FINRA approved it. That tells me a lot. But like I said we will see off shares are spun off next week. Highly doubtful, but if they are its a very good sign.
Maybe, but like i said if shares for the spin off are given out next week, than no doubt in my mind we will all be perfectly fine here. We will find out very soon.
$FITX
I agree, i don't believe they will be.
MY POINT AGAIN was if they are that is a GREAT sign for FITX share holders. No other way around it. But again i don't expect it as i've said.
I own shares here and have been posting here a while back but nice try.
This right here could very well be the issue and why the SEC questioned control of the companies:
AIDC Company Disclaimer the night before suspension:
As a "penny stock" Company, within the meaning of federal and state securities law, Creative Edge Nutrition, Inc. may not avail itself of the Safe Harbor provisions as identified in the Private Securities Litigation Reform Act of 1995. However, Creative Edge Nutrition, Inc. provides the following disclaimer and warning to protect our shareholders, prospective investors and the public at large by alerting them to the risks and uncertainties involved with any investment, and the need to perform their own due diligence and assessment.
Easy answer by FITX is they use the same lawyers who prepared the document and it was a simple copy and paste mistake. Than they show the SEC who is in control of all the companies. Could be that simple or could not be none of us know.
And why do you keep asking me where Bill is? Like i have any clue where someone i've never met or talked to is right now or even lives for that matter, nor do i care.
Again, in typical fashion you quote half the sentence and take it way out of context as usual im seeing. My statement was that if they let the CEN shares be distributed next week than I believe the issues are resolvable and not major. That was my point.
Also, if you read PHOTs suspension letter it CLEARLY states the manipulation of common stock. Go read it, its clear as day there.
If you read FITXs it questions the control of the companies, its a big big difference IMO.
My point is as straight forward as it can be. If the SEC accepted the Spin off, they weren't investigating Bill for a while than. No way in Hel would they approve it and put investors in harms way "to try and pull bill back in" thats a BIG BIG stretch. I guess next week we will see if the shares are given out. If they are im fully confident things will be resolved quickly than.
But as i stated i don't believe they will with the stock suspended.
But again the fact they approved Bill's spinoff of FITX a short month ago tells me they HAVE NOT been investigating him for "years now"
Yeah surprising? LOL ... I agree tho, Monday if the shares are given out than that will tell the story for the most part that the issues aren't major by any means. We will see in a few short days if they hit. Does it say what time the shares will be distributed on Monday and did you contact your broker to see if they still expect to receive them?
What do you think the SEC would say to the same letter submitted by Randy for a spin off, they would deny it so quickly it would make his head spin. Private, Public or anything.
If Bill was under serious investigation for years now of offenses by the SEC than they wouldn't have approved this document and spin-off. Theres just no way they would no matter what he stated he was gonna do.
If they were investigating him for a couple years now and saw he applied for another company through the SEC they would have flat out denied him. I don't see how you could think differently on that, objectively.
I can't argue at ALL with that statement allowing yourself to become delinquent with the State and than release a PR or two is a serious NO-NO. No excuse that wasn't taken care of, can't argue there at all with you.
Yes i saw your "theory" which is a big stretch now IMO.
If FINRA AND the SEC approved the spin off and allowed the company to PR it to investors and didn't think that was putting them in danger at all than i believe as stated in the SEC letter control of the companies is the main issue here and the companies will have to clearly state who is in control of all four and has voting rights and there isn't a conflict of interest with one man holding controlling rights in two of the companies. Seems like thats the issue to me and what the SEC pretty much stated.
Must of missed it please copy and paste it back or give me the post number. Also why would the SEC approve AIDC if there was an investigation on going doesnt make sense.
IDK and IDC but why would FINRA and the SEC approve CEN split if they were investigating Bill, doesn't make sense.
Man o man there are a lot of moving parts with all of this, my head is spinning, now i could see why the SEC would question the control of these companies. It actually makes a lot of sense now.
Bill controlled FITX but now will control CEN i believe. It appears to me with all these moving parts the SEC is making sure there is zero conflict of interest with any of these companies before the CEN shares are distributed.
Bill can't have control of CEN and than have control of either FITX, IGRW or AIDC. That would be illegal and a conflict of interest. Especially the relationship between FITX and the spin off.
NVM they just changed the registration form but the shares are or were still supposed to be distributed on Feb. 29.
Could that be the part of the letter asking who has control of the companies? The SEC wants to make sure Bill doesn't have control of FITX if he will have control of CEN which would be a conflict of interest. Owning the spinoff company and owning the company that was used for the spin off?
Seems like they want to make sure James has full control of FITX and Bill does not if he is controlling CEN. Also if there was an investigation going on than about Bill no way FINRA and the SEC would have approved that.
Maybe they also want to make sure Bill and Randy have no control in IGRW or AIDC either as that would be a conflict of interest.
So no shares are being distributed Monday as CEN has cancelled the company or have they just filled a new form? Confused.
SO CEN Biotech withdrew their request for a spinoff last month? But than they filled more documents a day later?
Well if they do than obviously the issues aren't serious at all. But i would put the chances of the shares being issued when a stock is suspended at 0%.
Nothing comes up for Nevada for that name.
Yeah been checking it daily to see if company was working on things to see if they would make it active, week goes by and they haven't not a good sign
Yes all three companies are in default with Nevada. To resolve that takes 10 mins and a simple payment, thats the worst sign for SH of anything that the company hasn't dealt with that by now. The other documents take time, this however, could have easily been taken care of Monday Morning. SMH
Well i agree obviously, but a company in this situation is going to HAVE a lot MORE FEES than just general accounting. When a company is suspended they have to hire a lawyer and the fees add up to get everything resolved. A lot of money and at that point many CEOs companies without a lot of money probably say whats the point, No?
O okay, i see the difference.
Ughhh Geez. I'm assuming the costs that are required to get things settled or begin the process ends up being close to 6 figures when everything is submitted and all the attorney work ect. is done. And most penny companies don't have even a tenth of that money to spend so they don't even bother fighting it because the costs vs. reward doesn't add up even if they could somehow do something. Not to mention 99.9% of these companies don't have the money to hire an attorney, get financials updated again, pay for an attorney letter to be issued, have the attorney follow up with the SEC for them and get all the documents needed, get current with the state ect. as im sure there are many more costs as well to start the process. When all is said and done it probably costs around 6 figures, what CEO/Penny Company has that money or can dream of that type of money to even start trying to resolve the issues?
Okay thanks, so there basically the same thing in most cases i guess.
I'm also assuming obviously the spin off shares wont be distributed next monday due to the suspension?
OKay i guess we wait to see if anything is done by the company over the next few weeks and/or anything more comes out from the SEC. Thanks for your thoughts. Also, why would the SEC suspend a stock like FITX instead of halting it? On OTC very few stocks are suspended i see and a lot are just halted right away vs being suspended why is that done and whats the diference?
Yeah was JW. when is the next time we usually hear something from the SEC regarding the investigation as im sure there are more details than have been released. TY
Is that good, bad or not sure yet for SH so far?
FITX
Thanks, i have some shares too and am curious as well. Did you hear or see anything saying we will still receive those shares or are you just basing the off of your opinion?
FITX
You honestly think they will still spin off shares while this is suspended? Seems like a long shot, would be a great sign if they did for us but doesn't seem likely at all.
Do you have a link or any DD showing the spin off will still happen?
If the spin off happened on Monday than that would most likely mean $FITX will be fine for sure, but like i said i can't see that happening on Monday, hope im wrong for sure!
$FITX
Yeah i know, dumb comment, just frustrated like all SH. Nothing we can do at this point but hope and pray the companies are diligently working on the complaints. GM Bro
Next Friday is going to be really ugly for FITX good chance it closes down 80-90% SMH
So if FITX gets current and gets a Broker to support them can they be a quoted ticker if they submit the necessary forms to FINRA?