Creative Edge Nutrition Inc (FITX)

[newmedman]

Permit to build a barn... Not a manufacturing facility.... That's two different things, even stated by the director of development....

The company is leasing property off North Rear Road near Highway 401 that is zoned agricultural and was going to be used by its original owner, Jim Shaban, for a film studio. There is a large barn and smaller house on the property with an adjoining editing suite. Federal corporate information has CEN Biotech listing the North Rear Road address as its corporate headquarters and Bahige (Bill) Chaaban as the company’s sole director.

Dennis Sylvestre, a contractor but not an investor in the company, applied for a permit to build a 53,000-square foot steel structure on the North Rear Road property. The building is valued at $800,000.

“The company is entitled to build a barn and fencing,” said Steve Salmons, the town’s director of community and development services. “What occurs in that barn is a zoning question.”

http://blogs.windsorstar.com/2014/01/09/company-stock-soars-after-investment-announcement/