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Shareholder Update Creative Edge Nutrition, Inc. (FITX)
Happy 150th birthday to all the Canadian shareholders and a Happy 4th of July for all our American brothers and sisters! For those who may not know, Canada’s Confederation was July 1, 1867.
As I look back at this week, I am encouraged by the direction and resolve of the board we have constituted to fix Creative Edge Nutrition. This small group of shareholders are moving forward with our plan to 1) Restore shareholder value and 2) Launch our product lineup. It has become obvious that the previous CEO and his “team” are fighting and putting up roadblocks at every turn. To that end, the debtholders have sent a formal demand letter to James outlining the following requirements: 1) You resign your position(s) as an Officer and as a director of Creative Edge; and, 2) Transfer the Super Voting Rights preferred shares transferred to you as CEO in order to maintain control over the Company; and, 3) Transfer the trademark and any other mark or intellectual property belonging to Creative; and, 4) Pay back the $130,000.00 Investment from the Group, as well as the total amount of money expended by the Group to the State of Nevada and the OTC, as well as other costs expended to cure the company’s filing delinquencies; and 5) Returning to the Company any shares of common stock you obtained or gifted unlawfully; and 6) Obtain the resignation of every other present Officer and Director of Creative Edge. The full demand letter will become public over the next few weeks, along with any potential resolution. We have, in our possession, backup documentation that proves every allegation that shareholders have put forward. Again, thanks to all shareholders for their commitment to Creative Edge Nutrition. We continue to work hard on your behalf. Company Disclaimer As a "penny stock" Company, within the meaning of federal and state securities law, Creative Edge Nutrition, Inc. may not avail itself of the Safe Harbor provisions as identified in the Private Securities Litigation Reform Act of 1995. However, Creative Edge Nutrition, Inc. provides the following disclaimer and warning to protect our shareholders, prospective investors and the public at large by alerting them to the risks and uncertainties involved with any investment, and the need to perform their own due diligence and assessment. This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future development activities, and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the factors that could cause actual results to differ materially from those indicated in the forward-looking statements are risks and uncertainties associated with the Company's business and finances in general, including the ability to continue and manage its growth, competition, global economic conditions and other factors discussed in detail in the Company's periodic filings with the Security and Exchange Commission. Contact:
Creative Edge Nutrition, Inc.
Email: ceo@creativeedgenutritioninc.com ###
Shareholder Update Creative Edge Nutrition, Inc. (FITX)
Happy 150th birthday to all the Canadian shareholders and a Happy 4th of July for all our American brothers and sisters! For those who may not know, Canada’s Confederation was July 1, 1867.
As I look back at this week, I am encouraged by the direction and resolve of the board we have constituted to fix Creative Edge Nutrition. This small group of shareholders are moving forward with our plan to 1) Restore shareholder value and 2) Launch our product lineup. It has become obvious that the previous CEO and his “team” are fighting and putting up roadblocks at every turn. To that end, the debtholders have sent a formal demand letter to James outlining the following requirements: 1) You resign your position(s) as an Officer and as a director of Creative Edge; and, 2) Transfer the Super Voting Rights preferred shares transferred to you as CEO in order to maintain control over the Company; and, 3) Transfer the trademark and any other mark or intellectual property belonging to Creative; and, 4) Pay back the $130,000.00 Investment from the Group, as well as the total amount of money expended by the Group to the State of Nevada and the OTC, as well as other costs expended to cure the company’s filing delinquencies; and 5) Returning to the Company any shares of common stock you obtained or gifted unlawfully; and 6) Obtain the resignation of every other present Officer and Director of Creative Edge. The full demand letter will become public over the next few weeks, along with any potential resolution. We have, in our possession, backup documentation that proves every allegation that shareholders have put forward. Again, thanks to all shareholders for their commitment to Creative Edge Nutrition. We continue to work hard on your behalf. Company Disclaimer As a "penny stock" Company, within the meaning of federal and state securities law, Creative Edge Nutrition, Inc. may not avail itself of the Safe Harbor provisions as identified in the Private Securities Litigation Reform Act of 1995. However, Creative Edge Nutrition, Inc. provides the following disclaimer and warning to protect our shareholders, prospective investors and the public at large by alerting them to the risks and uncertainties involved with any investment, and the need to perform their own due diligence and assessment. This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future development activities, and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the factors that could cause actual results to differ materially from those indicated in the forward-looking statements are risks and uncertainties associated with the Company's business and finances in general, including the ability to continue and manage its growth, competition, global economic conditions and other factors discussed in detail in the Company's periodic filings with the Security and Exchange Commission. Contact:
Creative Edge Nutrition, Inc.
Email: ceo@creativeedgenutritioninc.com ###
