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acttoday

11/24/14 9:14 AM

#152210 RE: Johnnylightning1 #152207

The one thing I have noticed is this. The more troublesome Lakeshore appears to be, the broader the suggested scope of operations outside of medical mj appears to be. As the delays, zoning issues, continue to hold the share price back, we see an increasing propensity for the company announcing events outside the medical mj field. Going back the excitement about the company changed from nutrition to medical mj and that is the hook investors were hanging their investment dollars on but as the issues surrounding medical mj mounted, the more diversified the company was becoming so investors like you are now talking about the big picture rather then the focus the company had prior. Obviously the market is not agreeing with you as to date none of these new potential spin offs has had a share price sustaining effect but rather a momentary blip up before settling back into the downtrend. This remains a straight medical mj play despite attempts to convince the market and investors the company is diversifying.

the company is not going to meet their stated goals in Canada by having to go to other suppliers. I mean why would they build the worlds most advanced medical mj facility only to have to buy product from other inferior growers?

traderfjp

11/24/14 10:24 AM

#152230 RE: Johnnylightning1 #152207

FITX should have setup shop in an industrial zone. I believe they were led on my Lakeshore. Then the residents got involved and many statements of grandiose plans came to the attention of the town. Things quickly began to unravel for FITX. Besides hiring contractors to put up a barn, a fence and some cameras what have they done to increase stock holder's value. Stock holders don't even own 100% of the business. 25% which is a huge chunk of equity had to be sold to pay for the barn. Now factor in billions of outstanding shares and you can see why so many people are down on this stock. They are scattered all over the map. One minute they are selling health products, the next a MJ license, then hemp, then stem cells, then insurance. Wouldn't you agree that it makes sense to build out the core business and then move further. The people running FITX need to focus their energies into one business and then move into other things. I have little faith in this company executing in any area. Let see if they can get a license and then lets see what happens with the town. I was once an investor now I just watch to see where the ship is headed or if it sinks. Who knows. I think the day traders are having fun right now.