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Saturday, January 18, 2014 6:51:20 PM
All I know is that when I first invested here in early 2011, Bill was not even the CEO. He did not come into the CEO position (or anywhere in the company) until April 2012. I was here for the reverse merger into the LBGE shell in 2011 and subsequent name change to FITX, and this was all before Bill became the CEO.
From day one, Bill outlined his long-term strategy of vertical integration to build up the company and eventual long-term shareholder value. I have outlined and summarized how he has clearly done this in my DD sticky tab above. He has done everything strategically and stepwise since he became CEO. In a business sense, I find it amazing the amount of progress he's made with the company since only being there since 2012, in not only our sports nutrition supplement subsidiary (Cenergy), but now the medical marijuana subsidiary (CEN-Biotech). That's why I continued to hold and buy, because I am confident in him and his work ethic, as well as his team. I've had zero concerns of any part of this company being a "scam" and when people say that, they have clearly not looked at the history of FITX since Bill became CEO. Everything prior to that (3/2012) is irrelevant.
I've watched it from the beginning. I've watched many "longs" leave with impatience, become bashers, and some have returned to cheerlead again. Also from the beginning, he has always mentioned his goal of bringing long-term shareholder value. He clearly continues to do this and I believe we haven't even seen the beginning of it.
I initially got invested in the LBGE days when they announced they were entering the sports supplement nutrition sector. That's what attracted me. They had nothing at the beginning, but following research and development, we are now selling our products (which I and many here use) on the biggest supplement stores out there, receiving great reviews and popularity. He has clearly succeeded with those goals of the supplement side of the industry, although I think we will still see much more to come in that subsidiary. By the way, our two biggest MMA fighters both won last night with huge Cenergy plastered across their shorts. We sponsor an NFL player(s) and several fitness models. All signs of success. I really have no doubts that his goals of making CEN-Biotech hugely successful will also happen based on his phenomenal history as CEO and progress made up to this point in such a small amount of time. All my opinion of course...
FITX
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