Creative Edge Nutrition Inc (FITX)

[tinsel12]

BREAKING BREAKING BREAKING....PRO ANALYST

"""CEN's 85,000 square foot grow facility may or may not get approval and be constructed. Either way, its value is a small fraction of the valuation Growlife is placing on the company via their share issuance.


Now, let's value the company using a sum-of-parts approach, not even including the upcoming share and warrant dilution. It assumes a 20% return on their $40m financing package:



Finally, let's also look at the fund raising the company has done in the past, before the industry hype. There were 10 equity raises at an average cost of $0.03/sh:



Do you see the trend here? Growlife will increase revenues if their joint ventures move forward, but absolutely no equity value will be generated for the Growlife shareholders. Instead, their partners will reap all the profits of selling low cost Growlife shares and warrants, while Growlife shareholders face a near endless cycle of dilution. When the music stops, I expect the majority of Growlife's stock value to vaporize.