Replies to post #191073 on Creative Edge Nutrition Inc (FITX)

[Crack_Me_Up]

Words from the company's own PR "ILLEGAL": Actions taken by the company can result in liability for the company, as well as for shareholders for selling unregistered securities, among other securities law violations. One violation that is incurable is the fact that, because Creative Edge Nutrition had an extension to file its financials, it filed on March 1, 2016; however, for the purposes of satisfying the registration exemption requirements, those financials were required to have been filed as of February 29, 2016. In addition, the SEC believed that the notice provided to its shareholders was insufficient, because many shareholders did not receive the individual mailing. To its credit, such notice was also provided in a special press release introducing the spin-off, and on the EDGAR filing system, yet did not constitute separate notice to each and every shareholder. In fact, either one of those insufficiencies, if true, would by itself disqualify the CEN shares from the registration exemption; and, again, any subsequent sale of such stock could result in securities law violations."