Replies to post #51456 on Creative Edge Nutrition Inc (FITX)

[DollarsandCents]

Here the link to the article.

http://www.forbes.com/sites/karstenstrauss/2013/12/30/big-marijuana-is-it-the-future/

Creative Edge, which sells health supplements and trades for fractions of a penny on OTC Markets, reported less than $2 million in the first half of 2013 but Chaaban – an attorney licensed to practice in both the U.S. and Canada – says this latest play could catapult the company’s earnings into the stratosphere. “By the end of year five we’ll be doing $100 million in sales, with a margin of 80 percent.”

[En2style]

From Forbes article;

Investors are all in with deep pockets:
Quote;

CEO Bill Chaaban told Forbes, “By the end of year five we’ll be doing $100 million in sales.” The article lists the major players in the Creative Edge investment as “companies that deal in alcohol and tobacco, entertainment industry players and sports figures.”

Huge built in profit:
Quote;

CEN plans to produce cannabis at a fraction of the cost reported by the companies currently distributing to the Canadian market, who currently sell marijuana for between $5 and $6 Canadian per gram. That’s roughly equal to $4.75 – $5.50 US per gram. Chaaban claims he can produce marijuana for $.80 to $1 Canadian per gram, which would be welcome news to that country’s registered medical marijuana patients.

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