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My source (who by the way won the "2014 world's most reliable person" award) knows who your source is, and has confided in me that your source is 100% wrong lol... #epicfail #stilltrying?
FITX
I know a few people have contacted Russ in the last few weeks. Could someone please ask him if there are any thoughts of a possible reverse split? This is still a concern in the back of my mind given the coming AS increase from 1 to 4 billion, and the new OTBBB rules for OTCQB companies that require them to be above a penny. If I had more certainly that there was a minimal to no chance of that, I'd be buying all I could at these prices. Thx in advance guys...
PMBS
Concrete being poured in building #1 yesterday, and they also posted that the residents moved out of the nearby house, and the demolition crew is coming to take down the house.
https://twitter.com/fitxupdates/status/450723856396062720
FITX
Haha, yeah so uneasy that I buy more each week. Grabbed another 10g last week by the way. We hit 7s or below, I'm gonna be feasting on FITX shares. How about you, finally seeing the potential? That's my guess of all the "overly concerned non-shareholders" that continue to stick around:)...
FITX
It would "close the doors" here the same way the home brewers have destroyed the commercial beer industry such as Bud Light, lol. Do people seriously think it's really an issue? It's not, I'll gladly buy your shares too.
FITX
Dude, you think way too much. The injunction will have no impact on the large commercial growers in any significant way, either before or after it is cleared up...
FITX
Weird, been here reading posts since 2011 and I have yet to see any of that "thorough information" you refer to, let alone anything of truth. I have however been reading the same nonsense since 2011, including during the ascent from .0009 in which it would "never get above a penny". Nothing like a group of "overly concerned non-shareholders" to save us lol...
FITX
We've both been here a very long time, and we both know that every time Bill has been quiet, it is always followed by fireworks. You know this man. I suspect Bill will be lighting the fuse soon. I realize you're just trying to get some more shares as low as possible:)...
FITX
Awesome close for sure. People are slowly waking up to the reality that this project is going full bore and on its way to huge success...
FITX
Concrete being poured in building #1 and they also posted that the residents moved out of the nearby house, and the demolition crew is coming to take down the house. Similar to the systematic demolition of the baseless commentary here.
https://twitter.com/fitxupdates/status/450723856396062720
FITX
You do realize Bill is planning on a buy back after harvesting revenues begin to come in, correct? He's already discussed this. Therefore, that factor is irrelevant at this stage and that pps could be easily feasible in the blink of an eye...
FITX
Man, was really hoping for one more pull back into .002s to load bigly. Got a good chunk last week at .003, but don't think that's gonna happen now since a PR is expected sometime this week. Get'em while the gettin's good:). I guarantee this will be one of those stocks that everyone will be looking back at soon and kicking themselves for not grabbing ANYTHING subpenny...
PMBS
Yeah and all that "stock selling" has had a drastically negative effect to the stock. To have shares fluctuating between 9000-11000% since Sep 2013 is so maddening lol. Next?
FITX
Permit for a vault lol? #desperation #wow #youlost
FITX
I especially like it :)...
PMBS
Great find. Here is another great summary of all the research and benefits done with cannabinoids, from the CEN-Biotech (FIT*) site:
http://www.cenbiotechinc.com/PlatformApps/CEN/downloads/health_canada_info_for_health_care_professionals.pdf
PMBS
Tweed will be growing a fraction of what FITX will be, not exporting like FITX will be, not receiving huge revenues from an additional hemp company subsidiary in addition to MMJ, and will be trading on TSX (so much less investor/trader availability). All this at a much higher pps with much less upside gain potential. There is no doubt FITX will obtain their license, even AB is convinced of that fact. So if all that sounds better to you for some unknown reason to me, have at it lol:)...
FITX
Yes, of course I was referring to whatever land was left over outside of the building space. However, I don't think those buildings will be taking up that extensive of acreage space. I think the fact of Bill and Anndrea Hermann speaking to the local farming community last week regarding hemp trials per Bill's Facebook page is very telling of what they have up their sleeves...
FITX
This could have amazing underlying implications. When AB met Bill and Sam in Detroit, he mentioned how excited they were for the new hemp subsidiary, especially Sam. This could be quite foreshadowing of the bigger plans than we had even thought, given all this hemp research such as with automobiles is being done in Canada...where they will require large amounts of hemp production. With FITX fencing in their 10.3 acres in a previous region which grew a lot of tobacco, and close ties with farming, here is what I see as the big picture: Mass amounts of MMJ production in the interior buildings. However, that's not all, we're gonna dominate the hemp aspect as well. Those interior grow ops will be surrounded outside by 10.3 acres of hemp fields. Can you say MEGA-Producer and domination!!!?
FITX
Worst case scenario, if they didn't get it pending some sort of revision, obviously they would comply and the license would be granted one way or another eventually. No doubt in my mind they'll get the license, probably first round. Those planning on "cashing out half just in case they don't" are gonna be crying when they see the real profits they gave up, compared to what they cashed it out for lol...
FITX
Nice pic! Does the product work well for you?
PMBS
Both. The migraine products are great and selling in large chain stores such as CVS. There have been rumors of bigger chains coming on board as well, and we've been waiting on some of that news. However, then they dropped the recent news of a CBD headache product that they have been working on and are planning on producing. This is the part that is going to blow the company out of the water and will catch major attention. The PR was distributed poorly and did not hit the main newswires. Apparently another PR is coming again next week according to a couple people who have called the CEO here on the board, and the CEO said he will be using a different route for the PR for more visability. They have a track record of making great products which have been studied objectively in peer-reviewed journals such as Headache and proven effective with other benefits such as no rebound headache, as compared to all other OTCs on the market per the studies, and per my clinical experience. By the time they make this CBD product available, the pps will be long gone from anything subpenny or likely even low penny in my opinion. I've always been blown away at how undervalued this stock and company are despite solid products selling in big chain stores and a proven track record. My only disappointment is not buying more than I did when it was in the mid .001s a few weeks ago, but I wanted to see some movement first. I'm convinced it will be another winner brotha. Here are some useful posts below...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=99537827
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=99516600
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=99179207
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=99498897
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=99267454
Also, per the new OTCBB rules, as of May 1st, there is a new requirement that OTCQB companies (which we are) must have a minimum price of .01. So, I expect a lot of positive news in the next month. I think that may also have something to do with why the CEO just acquired 400 million shares a couple weeks ago...
http://www.reuters.com/article/2014/03/26/otcmarkets-reforms-idUSL1N0MN25Y20140326
PMBS
The "no permit argument" appears to be making yet another worn out round, may be the last round though since time is running out. Do some people honestly think these trades such as electrical, plumbing, concrete, etc., would be doing all this work without the proper permit in place lol? Obviously, they've never worked around construction. These guys would face huge fines doing this kind of work without proper permits in place for the entire project and plans for the buildings. Yeah, the claims and arguments get more desperate by the day, well beyond ridiculousness at this point...
FITX
The good thing is that companies on OTCQB can not do a RS without a shareholder majority vote (as per an earlier poster, although I think Russ likely has majority voting rights now with that recent large acquisition), and Russ is going to want to get the price above .01 by May 1st to avoid the fine. Do you see where I'm going with this:)? I expect we'll see multiple PRs in the coming month to get us there...
PMBS
The OTCBB is comprised of 3 tiers: OTCpink, OTCQB, and OTCQX. PMBS is OTCQB. Here is a link confirming this. Look to the right of the screen.
http://www.otcmarkets.com/stock/PMBS/quote
PMBS
Fully agree, and no worries here. Bought more today and feeling good about it. Drops any more and I'll load even more. This stock is so undervalued it's not even funny. Won't be for long though IMO...
PMBS
It's crazy. I've never seen so much red in my MMJ watch list. Virtually every one is red! Bill wasn't kidding a couple months back when he said the SEC would be cracking down very soon on the whole sector. That was when he said he had a great discussion with FINRA on Facebook with absolutely nothing to hide, so they clearly must have received a "blessing" since we would have surely heard something bad by now if they were investigating all the companies one by one. We're starting to rebound back up now, looking good...
FITX
Well, I'm assuming it will be raised since the vote is in April and Russ now owns majority voting rights. However, I really don't see it as that big of a concern. The company is clearly making progress and on the move. This is clearly NOT a subpenny company, nor should its stock be. I've always wondered how this could be so undervalued. Apparently, he mentioned to someone here that called that it had to do with new regulation guidelines to have a certain amount in reserves...
PMBS
Yeah, that "opposition" was discussed here a long time ago. I don't think those big 8 signatures will have too earth shattering of an effect on the operation here...
FITX
Great pics, thanks for the update. How about throwing on a hardhat and construction outfit and meandering up into building #1 for some photo ops in there lol?... Or, maybe some binoculars to see what's happening in there...
FITX
I think it's a great idea. I don't think there's any doubt the company will continue on it's course to becoming a great success. The AS issue is out there, but if you're in it for the long, I don't see it as a major factor either way because we have a real company making real products on major distribution chains, and CBD medications will really move this up quickly. I'm more than comfortable buying in any of the recent/current price ranges, as I've been doing.
PMBS
Current AS is 1 billion. However, it is being raised to 4 billion in April.
PMBS
CANN just got suspended. Off topic, I know, but wow. The SEC is really cracking down on this sector, which is a good thing.
http://www.sec.gov/litigation/suspensions/2014/34-71814-o.pdf
FITX
I've actually been here a very long time my friend, and am in it for the long term. I am fully confident that Russ is going to make this company a tremendous success and share price will obviously follow, probably sooner than later. However, I think it's healthy to raise reasonable questions regarding these factors and observations. If you ignore these potential negative variables, you're bound to lose.
PMBS
I agree. That observation had me concerned as well...as does the AS increase from 1 to 4 billion in April. I'm still a shareholder, but I'm hesitant about buying more because of these factors. I suspect in the long-term the share price will be dramatically higher from here so I guess it really doesn't matter either way if you're in for the long haul. My guess is that we'll see some drops in the shorter-term though, especially leading up to the authorized share increase in April.
FITX
I agree. However, we all see how quickly deals, plans, and agreements can change. I also think it's doubtful, but not entirely out of the realm of possibility.
FITX
Very interesting given the partnership now with PHOT and FSPM, and of course FITX ties to PHOT. Would be nice to know where those are going.
FITX
Thanks for the info bud. Been in here for quite awhile, and really like the company and products. The AS increase is the only factor that has me a bit skittish though, especially given the previous dilution. Still not sure what to think of the coming AS increase. I'm wondering if people are going to bail right before it goes through, which is part of my concern...
PMBS
I agree. I was just curious on peoples' thoughts since PMBS is a OTCQB stock, which is where the new requirements of needing to be over a penny begin May 1st. Kind of came from nowhere. That's why I wondered if the company saw this coming so decided to raise AS for potential RS in a "worst case scenario" to get pps above a penny...
PMBS