Creative Edge Nutrition Inc (FITX)

[Joseph199]

There are no true fundamentals with FITX. The only thing know for certain is a 3.5 billion AS maxed out then a lot of mystery surrounding any true fundamentals. We also know that Bill did a transaction for 25% of FITX/Cenbiotech for 20 mil. So this transaction valued the company at 80 mil which would put the PPS at around .025. The market cap of 300 mil is not sustainable, realistic or based on anything but hype. All this talk about Billions in future earnings from an analyst point of view is complete nothing.

All this discussion about Bill and insiders selling which is true. Just a fact they have sold shares as they hype their Billion $ venture. I think the more important sign is that Bill actually said in an interview for people to buy and hold (which is absurd in and of itself) but no insider has ever stepped up to the plate and bought one single share on the open market. If they did there would be a form 4 filed. They tell others to buy at these inflated prices but they do not. Instead they sell. Why didn't Bill convert his last sale, which he claimed was to pay himself back, to shares at market price to show his confidence in his company? That would be a sharp CEO. Instead he made sure he got his money back.

Even the talk of uplisting... Why? Will that get MJ growing? No. People say for exposure. Exposure for what? Well to prop up the stock and have more exchanges to sell it on. That is not about organically growing a company.

The true intrinsic enterprise value of this company is very little. This is just fact based on fundamentals and trying to give any real value to FITX. Just calling it for what it is.

A sharp CEO does not max out the AS in 7 months then have nothing to show for it. Just ask the question what did maxing out the AS do for FITX as a company? It rapidly diluted it without adding value. This is what seasoned investors look at when evaluating.

To buy in here you are absolutely buying in at grossly inflated PPS based on an outlandish share structure.