(FITX) Heres my take on the license... I posted this earlier on Yahoo.
I've traded FDA decision catalyst biotech stocks for years and I can rest assure (FITX) CEN Biotech will get licensed by Health Canada. Its not about if, its about when... I liquidated my entire portfolio over a month ago and bought as many shares as possible.
This building is being built along side Health Canada's oversight and their specific requirements. Its not like CEN Biotech have this random 50 year old building and want it licensed. Health Canada asked Bill Chaban to retrofit the existing building to expedite the process and told him what he needed to do, and now CEN Biotech is insuring it's completed to all of Health Canada's requirements.
This isn't a drug with numerous phases of testing along with an FDA review board. This is a process where we are working hand-in-hand with the review board, in this case Health Canada.
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