I believe the general contractor would only construct within set parameters which were determined during the pre-construction phase of development which would include zoning compliance. After construction completion it is then up to the county/city/state, etc., to inspect any and all required conditions of license and if any changes or remediation's are required the contractor would be notified and given an agreed upon amount of time to make the changes. A new inspection would be scheduled. That is how the process works. It is not IMO any issue of obtaining license but of compliance of a set of specific criteria. The license issuer (HC) as a government body is working within it's own set of criterias for issuing licenses and frequently may have input from outside parties or agencies that require investigation, analysis, report prep, committee meetings and so on. This can and does cause delays but ultimately is unlikely to change the issuing of a license but certainly can be cause for delay.
For retail buyers (us) this creates additional opportunity to buy stock at very low prices (IMO). Right now MMs are in a holding pattern and are well aware of the potential impact of licensing, There price action has held on very low volume at around .06 so I think this may be the baseline pricing after the initial buying that should occur after license is issued and MMs start selling blocks of the previously restricted shares coming out next month.
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Creative Edge Nutrition Inc. (FITX) Stock Research Links
Category: BusinessTotal Views: 164 By : EditorUpdated: 06-30-2024
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Category: EconomyTotal Views: 277 By : EditorUpdated: 06-29-2024
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Category: BusinessTotal Views: 144 By : EditorUpdated: 06-29-2024
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Category: StocksTotal Views: 315 By : EditorUpdated: 06-29-2024
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