Logic, one thing I have learned is investors, or traders to use a more accurate word, are more than willing to jump into an investment early, even if they suspect it is a fraud, simply because they know it likely is and are in early and out early. I can recall a few during the dot com daze; and many of them were angry with authorities for blowing the whistle and shutting them down because they were stuck - they knew it was a fraud. For the average shareholder, more often than not they are late to the party and are left holding the bag. If you invest in OTC stocks, on the Pinks or QB, you should expect many of them to be fraudulent - otherwise they likely would not be trading on an unregulated exchange, or what passes for regulation at a minimum. HYIP's used to be popular a few years ago and investors used to get so angry when the scheme was pounced on feeling it was investor (read sucker) beware - now the latest scheme is medical or mj stocks, most of which will cause investors to lose a great deal of money in the long run and some traders will be light enough on their feet to get in and out quickly and use the message boards to pump the daylights out of it. As much as others claim bashers never pick on bad stock, a good stock does not need promotion. It will prove itself over time with earnings, earnings growth, and expansion. Where does FITX fall. Right now, squarely in the speculative category, even with town approvals and licenses being granted. Let's see what they can do to develop their own 40,000 user market. That will be the real measure of a solid company. Until then, this is a six dressed up as a nine. It may get invited to the party, hope it will, but this is not yet an investment but a play. At least IMO.
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