Replies to post #73038 on Creative Edge Nutrition Inc (FITX)

[Megamania]

I have a question. Why are you speculating when the CEO has publicly stated he will clarify this on Monday?

[bulls9999]

pkdaddy64... you own a business that is publicly issued stock? If you are a private business, there is no need to fear a 'takeover' as you (and your partners) are the sole owners to make that decision to sell in case of a takeover. With a public company, it's not the same.

[Egnar]

I imagine you and your friends don't own publicly traded corporations, so yea,....

[smoke_em]

Tim, because you are a privately held business, there is no need to fear a takeover as you are the 100% owner and unless you agree to the terms of a sale, no one can force you to sellout.

A publicly traded company where others own shares of your company could make you a take over candidate unless you structure ownership accordingly to prevent that.

First; "Businesses are set up to prevent Hostile Takeovers"
I have a business and it is Incorporated in the State of Maryland. I have many Friends that own their own businesses as well, none of us are Paranoid about a hostile takeover.And not one of us set up our businesses to prevent such!