Creative Edge Nutrition Inc (FITX)

[IBurnPurpleKush]

27,685,652-276,856,525 dollars worth of shares has been issued.

THINK ABOUT IT BRO. This company reports nothing but net LOSSES. Am I the only one who thinks it is just straight up insane that the people who got issued all these shares are able or will be able to make A LOT more money than the company has EVER MADE?

I haven't added up all the net losses in the past couple of years, thats what I'm planning on doing next.... Im guessing they have reported somewhere between 1-10 million dollars in net losses in the past couple of years.

Somewhere between 1,000,000-10,000,000 dollars worth of net losses VS 27,685,652-276,856,525 dollars worth of shares issued..

I can't make things much clearer than that... This stock is a big fat turd IMHO. GLTA holding this

2,768,565,250 shares already got issued according to their most recent filing with OTC....

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=104628344

2,768,565,250 X 0.01 = 27,685,652 dollars

2,768,565,250 X 0.10 = 276,856,525 dollars

Investopedia explains 'Net Loss'

A person or company with a net loss has not made a profit for a given year. Newer businesses often run at a net loss for the first few years, while acquiring one-time high cost expenses such as equipment, buildings, technology and rights.

Businesses that have a net loss don't necessarily go bankrupt because they may opt to use their retained earnings or loans in order to stay afloat. This strategy, however, is only short term, as a company without profits cannot continue surviving for a long period of time.