News Focus
News Focus
Followers 44
Posts 1454
Boards Moderated 0
Alias Born 08/30/2012

Re: swingingRichard post# 123123

Thursday, 05/29/2014 5:04:23 PM

Thursday, May 29, 2014 5:04:23 PM

Post# of 194818

With all the talk about the license, "next week", one has to wonder who is selling and why. And then there was that town meeting which looked good for FUTX, yet, down she goes.



Has it occurred to anyone that even with a license this thing is way over valued?

Looik at TWEE# they have about 35M shares and are valued at about $3 now let’s do a R/S 100 to 1 on FITX and you get about 35M (100 – 1 x 3.5B) which would make FITX pps go to about $6.8 pps. ( I have been known to be wrong on my math but usually people will poiint it out.)

If that is the case FITX is valued at more than twice what TWEE# is currently. Plus FITX has sold 25% of it’s company so assuming they once had 100% they now only have 75% (I question that but that is for another time)

TWEE# has been vetted in order to do a IPO, audited, has 150K sq. ft. facility that will be 470K by end of year, 40 acres on which the plant sits with probably 10 acres of parking space, drive-way, shipping/receiving, has a license, is growing/selling as I type, has a customer base and plenty of cash..

FITX really has nothing at this time yet it is priced at three times what TWEE# is currently priced at as of today.

Even with a license and that could be a long time coming I think they are way over valued. JMHO

Maybe that is why people are selling and moving to a sure thing according to my math. Using TWEE# as a "stake in the ground" FITX should be trading at about 0.02 or less whereas TWEE# should be trading at about $10.

Too many red flags, ifs/buts/shares/Bill and family, and risk compared to other company.

I don't see where the comparison is close.

GLTA.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y