Anyone I rarely respond to postings that are so cl
Post# of 56324
Posted On: 08/21/2014 12:23:15 AM
Re: any1butyou #34776
Anyone I rarely respond to postings that are so clearly off the tracks but I think you may misunderstand a basic concept here. First of all; no CEO of a public company determines corporate activities on the basis of being patted on the back by blind followers nor do CEOs base company operations on how shareholders think, feel or act. CEOs have goals and objectives and set out to to accomplish them for the betterment of themselves, the company and its shareholders. Does this mean CEOs are altruistic in all they say or do? No, absolutely not and you should ask questions but maybe you should consider first researching the basis for issues that you seem to feel have not been addressed.
1. Audited financials to be completed are needed to do a merger and/or to uplist. The timing of events to engage an auditing firm may possibly include FITX obtaining a license prior to entering into a merger especially as this is a stated objective. I am not saying this is the plan but it should be considered especially since RXMB has distribution, revenues and numerous valuable assets and when and if combined via a merger with FITX (after license) is clearly a giant step in a fairly obvious direction. There are a lot of moving parts and I hope you will learn what questions to ask should you stay in the stock. Sorry to see you go for a lack of understanding what to look for. Hopefully you will stay FITX "long and strong" but it's your money and you need to be comfortable with your decisions. You can always come back after license/uplisting, etc., but you will pay far more per share at that point.
2. It is really absurd to question why a license is expected or when it is expected. The premises for obtaining a license were and are clearly defined prior to moving forward with the time, energy and money needed to construct a facility, acquire equipment, acquire multiple companies, add a top level BOD and so on...I think you see my point here......also, the BOD would not sign on to a company engaged in a new market unless they were pretty certain of the company's potential. Having been involved in corporate finance ( it seems that all you are seeing here is dilution and not corporate finance) and large scale projects I can and do relate to the direction and actions this company is taking. Just food for thought here and I welcome any questions you may have.
1. Audited financials to be completed are needed to do a merger and/or to uplist. The timing of events to engage an auditing firm may possibly include FITX obtaining a license prior to entering into a merger especially as this is a stated objective. I am not saying this is the plan but it should be considered especially since RXMB has distribution, revenues and numerous valuable assets and when and if combined via a merger with FITX (after license) is clearly a giant step in a fairly obvious direction. There are a lot of moving parts and I hope you will learn what questions to ask should you stay in the stock. Sorry to see you go for a lack of understanding what to look for. Hopefully you will stay FITX "long and strong" but it's your money and you need to be comfortable with your decisions. You can always come back after license/uplisting, etc., but you will pay far more per share at that point.
2. It is really absurd to question why a license is expected or when it is expected. The premises for obtaining a license were and are clearly defined prior to moving forward with the time, energy and money needed to construct a facility, acquire equipment, acquire multiple companies, add a top level BOD and so on...I think you see my point here......also, the BOD would not sign on to a company engaged in a new market unless they were pretty certain of the company's potential. Having been involved in corporate finance ( it seems that all you are seeing here is dilution and not corporate finance) and large scale projects I can and do relate to the direction and actions this company is taking. Just food for thought here and I welcome any questions you may have.
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