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  4. Creative Edge Nutrition Inc. (FITX) Message Board

Bill has publicly stated several times there will

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Post# of 56324
Posted On: 03/02/2014 10:10:46 AM
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Posted By: Neuronal
Re: seankc31 #907
Bill has publicly stated several times there will be no reverse split, as posted in the stickies above. Regarding the uplisting, my guess is that he is likely referring to first moving to a higher tier of OTC to get off the pinks such as OTCQB or OTCQX. Share structure would not need to change for this, and definitely no reverse split. With that said, I would love to be wrong and miscalculate that Bill is aiming much higher much sooner as far as uplist exchanges, but I don't think so. He has mentioned moving eventually to the big boards, and has mentioned NASDAQ. There are a series of requirements that must be met before that happens though, which the company would not currently be able to meet. However, if we get the license when predicted (or even if some delay, I'm sure we'll get it), that would change a lot of things. Once the revenues begin rolling in from the harvest, that would give the company a sudden massive cash infusion. At that point, they could do a huge share buyback (Bill has suggested this in interviews), which would immediately increase share price to a minimum specific dollar requirement (I forget, I think it's $3 or $4, will have to check) pps for uplisting to a big board. He has also mentioned dividends once revenue starts coming in, but I would suspect a buyback would far precede that. That's my conservative thinking, but we all know Bill wants to "underpromise and overdeliver." All my opinion, of course...

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