Yeah the mysterious 24.5% x 2. This pisses me off
Post# of 56323
Posted On: 08/20/2014 1:30:25 AM
Yeah the mysterious 24.5% x 2. This pisses me off that half is omitted, but lets do some inductive logic:
1. (FACT) We learned about the RXNB and FITX merger, in greater detail, from Bill at Weedstock.
2. (FACT) During Weedstock, on 6.30, the sale of 24.5% of site 2 was recognized for the exact cost of the real estate.
3. (FACT/SPEC) We know that Bill has been dumping shares, and its generally understood and accepted that he is reinvesting into this project. Site 1 has been paid for by private investors and doesn't need Bill's money.
4. (SPEC) Bill has been reinvesting into RXNB to ramp them up for the merger as the acquiring company of Creative Edge Nutrition.
5. (FACT) RXNB and FITX financials will soon be merged.
Conclusion: RXNB is the mysterious holder of 24.5% or 49% of CEN Biotech II, aka Site 2. Its a sleight of hand that allows for cash to be funneled through RXNB into FITX. This is important for secrecy leading up to the merger, as FITX financials won't show RXNB's involvement. Hell, who knows, maybe its "payment" for the merger.
Just my 2 cents.
1. (FACT) We learned about the RXNB and FITX merger, in greater detail, from Bill at Weedstock.
2. (FACT) During Weedstock, on 6.30, the sale of 24.5% of site 2 was recognized for the exact cost of the real estate.
3. (FACT/SPEC) We know that Bill has been dumping shares, and its generally understood and accepted that he is reinvesting into this project. Site 1 has been paid for by private investors and doesn't need Bill's money.
4. (SPEC) Bill has been reinvesting into RXNB to ramp them up for the merger as the acquiring company of Creative Edge Nutrition.
5. (FACT) RXNB and FITX financials will soon be merged.
Conclusion: RXNB is the mysterious holder of 24.5% or 49% of CEN Biotech II, aka Site 2. Its a sleight of hand that allows for cash to be funneled through RXNB into FITX. This is important for secrecy leading up to the merger, as FITX financials won't show RXNB's involvement. Hell, who knows, maybe its "payment" for the merger.
Just my 2 cents.
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