Replies to post #23542 on Creative Edge Nutrition Inc (FITX)

[Neuronal]

So I'm guessing you sold out and are trying to get back in cheap again, based on your sudden change in tone:)?

FITX

[makincash2]

All pinks are a gamble! Everyone knows that! Are you here to be everyone's saviour? haha

[Venture_Cap]

Maybe. I think the promotion served these purposes.

1. Flush out previous bagholders who were harrassing the company.
2. Flush out the Convertible debt holders.
3. Raise the PPS out of sub-penny levels.
4. Product awareness through investing.

Maybe sell a touch of shares... but I haven't seen too much of that here yet. Maybe later.

[fellowshort1]

The split is subject to Rule 10b-17 of the security exchange act.

What you just described is a violation of the following:

It shall constitute a "manipulative or deceptive device or contrivance" as used in Section 10(b) of the Act for any issuer of a class of securities publicly traded by the use of any means or instrumentality of interstate commerce or of the mails or of any facility of any national securities exchange to fail to give notice in accordance with paragraph (b) hereof of the following actions relating to such class of securities:

A dividend or other distribution in cash or in kind, except an ordinary interest payment on a debt security, but including a dividend or distribution of any security of the same or another issuer;

A stock split or reverse split; or

A rights or other subscription offering.

They would need to give notice in the following:

For a dividend or other distribution including a stock or reverse split or rights or other subscription offering:

In cash, the amount of cash to be paid or distributed per share, except if exact per share cash distributions cannot be given because of existing conversion rights which may be exercised during the notice period and which may affect the per share cash distribution, then a reasonable approximation of the per share distribution may be provided so long as the actual per share distribution is subsequently provided on the record date,

In the same security, the amount of the security outstanding immediately prior to and immediately following the dividend or distribution and the rate of the dividend or distribution,

In any other security of the same issuer, the amount to be paid or distributed and the rate of the dividend or distribution,

In any security of another issuer, the name of the issuer and title of that security, the amount to be paid or distributed, and the rate of the dividend or distribution and if that security is a right or a warrant, the subscription price,

In any other property (including securities not covered under paragraphs (b)(1)(v)(b) through (d) of this section) the identity of the property and its value and basis for assigning that value.

In lamens terms to dilute more than 700 million shares.

So what you just described would be highly illegal and subject to criminal charges. No firm would dilute more than this A/S without FINRA approval.