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

There are times that a r/s is beneficial for a com

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Post# of 56324
Posted On: 05/06/2014 3:09:24 PM
Posted By: jobertlik
Re: kbad #20545
There are times that a r/s is beneficial for a company. Most of the time its a red flag for example if they are already listed on the nasdaq and do a r/s to keep being listed on the nasdaq. Or do a reverse split than dilute the stock at a higher price. This wouldn't be the case for FITX unless they announced a new share offering with a r/s IF they were to ever do a r/s. However, I have been in a stock before that did a r/s just to uplist, it didn't do much help because there were still no profits. That has to do more with the company than the r/s and hopefully FITX won't have this problem. The point is I don't think a r/s would be needed here, once revenue comes in and profits come in we will grow naturally. If we can break .10 and uplist to OTCQB and in 1-3 years from now grow substantially, we will be able to uplist to the nasdaq without doing a r/s. I think it is unnecessary at this point in time, we haven't even sold one gram of marijuana yet and we are going to rush to the nasdaq from the pink sheets? for what? I say we see how much revenue we start making, how the margins are, how much marijuana we sell and in 2-3 years if we are still being manipulated than we take a shareholder vote on it. Ill tell you right now though, I will take my 573,000 shares and put a big fat no on the r/s.


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