Creative Edge Nutrition Inc (FITX)

[eelfland]

Any CEO, especially in the pinks like FITX where nobody else's votes even count, does have the ability to control PPS to a great extent. For instance, Bill could RS FITX 1-for-100, and the price would jump instantly to around $8 per share. And a $300 million market cap is good enough for listing on NASDAQ, too.

It reminds me of the joke about the pizza, when the pizza maker asked whether the customer wanted his pizza cut into six pieces, or eight. The customer replied, "Better make it six. I'm not hungry enough to eat eight pieces."

For some reason, there are people who just don't understand the concept of "market capitalization," and think a stock is cheap just because its PPS is under a dime a share. It seems even cheaper if it's under a penny. No matter how many shares there are. That's why you find so many first-time, unsophisticated stockbuyers ending up as bagholders in stock-selling schemes like FITX.