Replies to post #121347 on Creative Edge Nutrition Inc (FITX)

[streak1977]

I remember it being a way to make Jim a 1% shareholder of FITX... That field has got to be one of the most expensive pieces of real estate in Ontario for what you paid for it...

[samsamsamiam]

Its being leased from Bill's cousin I believe.
but im sure its a rent to own sort of thing.



I wouldn't be so sure!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=100499463&txt2find=lease

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=100498833&txt2find=lease

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=99350526&txt2find=lease


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from the most recent filing:

7) Describe the Issuer’s Facilities
The goal of this section is to provide a potential investor with a clear understanding of all assets, properties or facilities owned, used
or leased by the issuer.
Lease 7,500 Square Feet to distribute Nutrition Products
Lease 26,400 Square Feet production facility
In responding to this item, please clearly describe the assets, properties or facilities of the issuer, give the location of the principal
plants and other property of the issuer and describe the condition of the properties. If the issuer does not have complete ownership or
control of the property (for example, if others also own the property or if there is a mortgage on the property), describe the limitations
on the ownership.
Lease 7,500 Square Feet to distribute Nutrition Products Atlanta, GA (4 Year Lease) Steel Structure.
Lease 26,400 Square Feet to production facility Ontario, Canada (10 year lease with extensions to 50 year) Pole Building
If the issuer leases any assets, properties or facilities, clearly describe them as above and the terms of their leases.