Unfortunately Bill Chaaban controls all voting rig
Post# of 56324
Posted On: 08/21/2014 8:10:34 AM
Re: mikedallas14 #34794
Unfortunately Bill Chaaban controls all voting rights to FITX stock.
We shareholders have no say. This topic is the one that interests me most. How will this merger be done.
My guess is that Cen Bio will get the license (eventually) and be spun into RXNB somehow. My feeling is that RXNB will come public at some point. Find a shell and do a Reverse meger probably is the easiest but who knows , maybe they are going thru the audit stuff with Deloitte and all the BOD's brought on board for an IPO , wild guess? maybe, probably . The bigger question that I have is , if and when the merger happens , does all of FITX go to RXNB or whoever they merge with , or does just CEN BIO get spun off. If just CEN , what will be our payday if its only CEN. I just don't see RXNB taking on the supplement side of FITX . By just taking CEN , they could leave the FITX sharestructure behind . Give us longs a few shares per hundred or thousand owned etc. Lots of scenerio's for this.Thats just my guess. I have another notion as well, anyone ever think the license is being held up on purpose? If RXNB can merge CEN without the license it would mean less to shareholders than if CEN has the license in hand which would be more valuable. Of course this is just a thought. Time will tell.
Good Luck
We shareholders have no say. This topic is the one that interests me most. How will this merger be done.
My guess is that Cen Bio will get the license (eventually) and be spun into RXNB somehow. My feeling is that RXNB will come public at some point. Find a shell and do a Reverse meger probably is the easiest but who knows , maybe they are going thru the audit stuff with Deloitte and all the BOD's brought on board for an IPO , wild guess? maybe, probably . The bigger question that I have is , if and when the merger happens , does all of FITX go to RXNB or whoever they merge with , or does just CEN BIO get spun off. If just CEN , what will be our payday if its only CEN. I just don't see RXNB taking on the supplement side of FITX . By just taking CEN , they could leave the FITX sharestructure behind . Give us longs a few shares per hundred or thousand owned etc. Lots of scenerio's for this.Thats just my guess. I have another notion as well, anyone ever think the license is being held up on purpose? If RXNB can merge CEN without the license it would mean less to shareholders than if CEN has the license in hand which would be more valuable. Of course this is just a thought. Time will tell.
Good Luck
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