Depends if company does anything or not. Most of the time, 99.9% of the time when companies are suspended they fold up, not sure what FITX will do. If they get financials updated, submit an attorney letter stating the financials have been reviewed and are accurate and a form is submitted to the SEC (forget actual name) with a broker willing to support company, and lastly get current with the State of Nevada.
If and ONLY if ALL of that is taken care of and the company can show the drink is real, the PRs released are actual deals they have in place and the product is set to hit in the next couple months....than YES i do believe it will go back to pink.
One last thing that will have to be proven is that Randy Hadman has NOTHING to do with ANY of these companies anymore and any stock he might have still has been cancelled. This is a key part as well as i HIGHLY doubt his SEC fine and suspension just happened to come one day before all THREE tickers were suspended.
If they can get ALL of the above done than yes i believe this will trade on the pinks shortly after suspension. With that said almost all companies at this point don't spend the $$$ necessary to get all of the said above done and completed as it is very expensive to do so most just call it a day.
Question is will FITX get things updated this week and next with everything or not? That will tell us all we need to know in how they plan to go about this.
Like i said all of the above costs 10s of thousands to complete and get everything current with OTC, Nevada and Lawyer fees thats the reason most go to the greys and stay because its simply to costly for them to take all the necessary steps.
I guess we will see soon enough if FITX is serious about getting this all resolved or not in the next couple weeks. GL
$FITX
All of my posts are strictly my own opinion. Please do your own DD before making any investments and only risk what you can afford to lose
