InvestorsHub Logo
Followers 5
Posts 444
Boards Moderated 0
Alias Born 05/01/2013

Re: Reyman post# 37755

Thursday, 06/13/2013 11:06:04 AM

Thursday, June 13, 2013 11:06:04 AM

Post# of 194801
I like the company and I like the products. I just don't like that the company is being used as a printing press for the insiders--who by the way would make a lot more money in the long run if they concentrated on growing FITX rather than pumping FITX.

If they need to convert some shares for a little cash because most of your pay has been in shares? Then liquidate a reasonable number of insider shares in an ethical way. I understand doing that and it does not have a significant impact on the PPS.

There is a reason that FITX is not a fully reporting company. It gives the management team more leeway under less oversight.

I do not come here to bash FITX but to have intelligent conversations about what the company is doing. Most of the posting I do on I-hub is information gathering or speculation with other posters about whatever stock we are discussing. What I can add here is an understanding of how P&D's work.

The only thing that is going to stop the repeated P&D's by FITX is the diminishing returns that can already be seen if you follow the progression back to September. Once that happens, the question will be if FITX has a strong enough product line to withstand the erosion of shareholder trust. If not we will see another name change or a reverse split so the PPS can drop like a rock from there.