FITX Alerts 08/27/2014 07:23:58 $FITX
Fitx on the top 3 of the most read board on ihub! So many eyes on these new developments. Definitely going to see a yummy continuation into this libation Bill has just poured out.
FITX to retire 75 million shares. License about to be in hand, inspected fully. Those are facts
Wow looks like FITX just retired 75 million shares! The opposite of dilution. Very good thing. This is truly a great day for us longs. Bill c. Was true to his word!
FITX Stock Message Board http://investorshangout.com/Creative-Edge-Nut...ITX-63675/
FITX RETIRING 75 MILLION SHARES!!!!!
http://www.otcmarkets.com/stock/FITX/filings
FITX update on the stock price valuation model:
FITX is building an infrastructure that will support in the short term up to 1.3 million pounds of MJ. That would be a multi-billion dollar revenue business with over 60% profit margins.
Forget 1.3 million pounds of MJ for a minute. If FITX produces just 100,000 pounds of MJ in it's first full year ... less than 1/10 (one tenth) of the 1.3 million pounds ... at a sales price of just $2,500 per pound ... the total revenue will be $250,000,000 (two hundred and fifty million dollars) ... at a 60% profit margin, that will be a profit of $150,000,000 (one hundred and fifty million dollars).
Original model: FITX total authorized share count of 3,500,000,000 ... the earnings ($150,000,000 divided by 3,500,000,000) per share would be $0.043 (four point three cents) per share. Then, with a modest P/E (price / earnings) ratio of 25 ... the calculated/justified stock price would be $1.07 (25 P/E times $0.043 earnings per share).
Yes, please re-read this again ... at less than 1/10 (one tenth) of the potential annual growing/distribution volume, the FITX Stock price value would be $1.07 at a modest 25 P/E.
UPDATED MODEL: To further crush the shorts, sellers, and bashers ... reduce the first full year output/sales to 5% of total capacity ... or 50,000 pounds of MJ ... @ $2,500 per pound = $125,000,000. With 3,500,000,000 shares that is $0.021 (two point one cents per share) ... @ the 25 P/E driving a $0.536 (fifty three point 6 cents) per share stock price.
Imagine the stock price as MJ output/distribution increases ... globally to include US entry points of Michigan and Las Vegas markets.
Now, we know why the caliber of executives joining the Board of Directors is so strong.
It's unreal that the stock is trading at seven cents (08/26/2015) and there is a very reasonable pathway to $1.00+ in the very near term ... the bottom being a 1,200% potential increase.
My analysis and opinion is that the Shorts and Sellers have run out of gas and shares ... investors for the longer term now control the stock and are just waiting on the next confirmation of license ... further build out ... and, growing start.
Then, as triple digit growing, distribution, sales, revenue, and profit growth occurs week after week, month after month, and quarter after quarter ... the stock price should continually and consistently rise in this new growing multi-billion dollar growing industry.
See stock price valuation model posted ... indicating a minimum $1.07 stock price at less than 1/10 (one tenth) the projected capacity of the facility. The $1.07 is 13 times higher than today's stock price ... what does that mean? Look below:
- $1,000 investment today = $13,000 at a $1.07 PPS.
- $10,000 investment today = $130,000 at $1.07 PPS.
- $100,000 investment today = $1,300,000 at $1.07 PPS, and, that would be at 1/10 (one tenth) of the facility's capacity.
Got a license?
It may take until 2016 however if it gets to a quarter it will have a good chance to go beyond a dollar at that point based upon good news and state of the market. IMO
Experience and observation. I've seen this pumping and dumping hundreds of times before. Still the same old scam.
I been busy buying omnigram and bedrocan. I did by fitx on monday due to license news. But will flip it after the run up. No substance here. Omnigram went up 300% in 2 days. I do not see the same happening to fitx but easy money as a quick flip imo.
Very nice you will make Bank!
Have you looked at their website? I think I understand the fear now of FITX coming to town.
Isn't tweed on their third grower already?
nice call guys-- finally got something right.. LMAO!
I'm already loaded with 430k shares
News and Charts Looking Great! Time to buy !
Long and Strong
I forecast we spike I the first 30 minutes then settle in e mid 7s with volume slowing down after 10am pst
Sounds like a winner can't wait
FITX is a fraud, in my opinion. It gets tough for the fraudsters when people make it difficult to commit said fraud. There's still money in it, though, for the fraudsters who manage to get away with it.
Lmfao your time is over bro. Hope you were smart enough to load while you were bashing in the 4's and 5's wasn't that the plan anyways.
$FITX baby!!
Cannabis-infused fizzy drinks on sale in US
The 'ridiculously relaxing' drinks come with 10mg of marijuana in cherry, lemon or pomegranate flavour
By Raf Sanchez, Washington
3:56PM BST 26 Aug 2014
A cannabis-infused fizzy drink is now on sale in the state of Washington as part of the ever-expanding US market for legal pot products.
Less than two months after recreational cannabis became legal in the west coast state, Washingtonians can now get their highs out of a soda bottle.
The drinks, called Legal, come in cherry, lemon and pomegranate flavours but are all infused with 10mg of liquid cannabis. The drinks cost around $10 (£6).
They are being marketed as a gentler alternative to smoking that could be attractive to those still wary about cannabis.
"It's much more approachable, as opposed to 'Hey, mom and dad, do you want a joint?'" said Adam Stites, the founder of Mirth Provisions.
But the Washington-based company has not forgotten its more traditional stoner market. The Lemon Ginger flavoured drink is presented with the tagline: "Couch, meet butt".
It promises the drink is "so ridiculously relaxing that you may find yourself becoming one with your furniture".
The company is hoping to begin selling iced coffee shortly, promoting their Cold Brew as a drink with a mild high that could be drunk with breakfast.
"You’ll swim off into a day of work or play filled to the brim with pure joy," they promise.
For now the fizzy drinks will only be sold in Washington's certified cannabis dispensaries but could one day be available on supermarket shelves.
Recreational cannabis became legal in Washington state in July, making it the second state to legalise cannabis after Colorado began sales in January.
Voters in Alaska and Oregon, Washington's neighbouring state, will have their say on similar measures during referenda in November.
http://www.telegraph.co.uk/news/worldnews/nor...in-US.html
Fitx on the top 3 of the most read board on ihub! So many eyes on these new developments. Definitely going to see a yummy continuation into this libation Bill has just poured out.
FITX to retire 75 million shares. License about to be in hand, inspected fully. Those are facts
Wow looks like FITX just retired 75 million shares! The opposite of dilution. Very good thing. This is truly a great day for us longs. Bill c. Was true to his word!
FITX Stock Message Board http://investorshangout.com/Creative-Edge-Nut...ITX-63675/
FITX RETIRING 75 MILLION SHARES!!!!!
http://www.otcmarkets.com/stock/FITX/filings
FITX update on the stock price valuation model:
FITX is building an infrastructure that will support in the short term up to 1.3 million pounds of MJ. That would be a multi-billion dollar revenue business with over 60% profit margins.
Forget 1.3 million pounds of MJ for a minute. If FITX produces just 100,000 pounds of MJ in it's first full year ... less than 1/10 (one tenth) of the 1.3 million pounds ... at a sales price of just $2,500 per pound ... the total revenue will be $250,000,000 (two hundred and fifty million dollars) ... at a 60% profit margin, that will be a profit of $150,000,000 (one hundred and fifty million dollars).
Original model: FITX total authorized share count of 3,500,000,000 ... the earnings ($150,000,000 divided by 3,500,000,000) per share would be $0.043 (four point three cents) per share. Then, with a modest P/E (price / earnings) ratio of 25 ... the calculated/justified stock price would be $1.07 (25 P/E times $0.043 earnings per share).
Yes, please re-read this again ... at less than 1/10 (one tenth) of the potential annual growing/distribution volume, the FITX Stock price value would be $1.07 at a modest 25 P/E.
UPDATED MODEL: To further crush the shorts, sellers, and bashers ... reduce the first full year output/sales to 5% of total capacity ... or 50,000 pounds of MJ ... @ $2,500 per pound = $125,000,000. With 3,500,000,000 shares that is $0.021 (two point one cents per share) ... @ the 25 P/E driving a $0.536 (fifty three point 6 cents) per share stock price.
Imagine the stock price as MJ output/distribution increases ... globally to include US entry points of Michigan and Las Vegas markets.
Now, we know why the caliber of executives joining the Board of Directors is so strong.
It's unreal that the stock is trading at seven cents (08/26/2015) and there is a very reasonable pathway to $1.00+ in the very near term ... the bottom being a 1,200% potential increase.
My analysis and opinion is that the Shorts and Sellers have run out of gas and shares ... investors for the longer term now control the stock and are just waiting on the next confirmation of license ... further build out ... and, growing start.
Then, as triple digit growing, distribution, sales, revenue, and profit growth occurs week after week, month after month, and quarter after quarter ... the stock price should continually and consistently rise in this new growing multi-billion dollar growing industry.
See stock price valuation model posted ... indicating a minimum $1.07 stock price at less than 1/10 (one tenth) the projected capacity of the facility. The $1.07 is 13 times higher than today's stock price ... what does that mean? Look below:
- $1,000 investment today = $13,000 at a $1.07 PPS.
- $10,000 investment today = $130,000 at $1.07 PPS.
- $100,000 investment today = $1,300,000 at $1.07 PPS, and, that would be at 1/10 (one tenth) of the facility's capacity.
Got a license?
It may take until 2016 however if it gets to a quarter it will have a good chance to go beyond a dollar at that point based upon good news and state of the market. IMO
Experience and observation. I've seen this pumping and dumping hundreds of times before. Still the same old scam.
I been busy buying omnigram and bedrocan. I did by fitx on monday due to license news. But will flip it after the run up. No substance here. Omnigram went up 300% in 2 days. I do not see the same happening to fitx but easy money as a quick flip imo.
Very nice you will make Bank!
Have you looked at their website? I think I understand the fear now of FITX coming to town.
Isn't tweed on their third grower already?
nice call guys-- finally got something right.. LMAO!
I'm already loaded with 430k shares
News and Charts Looking Great! Time to buy !
Long and Strong
I forecast we spike I the first 30 minutes then settle in e mid 7s with volume slowing down after 10am pst
Sounds like a winner can't wait
FITX is a fraud, in my opinion. It gets tough for the fraudsters when people make it difficult to commit said fraud. There's still money in it, though, for the fraudsters who manage to get away with it.
Lmfao your time is over bro. Hope you were smart enough to load while you were bashing in the 4's and 5's wasn't that the plan anyways.
$FITX baby!!
Cannabis-infused fizzy drinks on sale in US
The 'ridiculously relaxing' drinks come with 10mg of marijuana in cherry, lemon or pomegranate flavour
By Raf Sanchez, Washington
3:56PM BST 26 Aug 2014
A cannabis-infused fizzy drink is now on sale in the state of Washington as part of the ever-expanding US market for legal pot products.
Less than two months after recreational cannabis became legal in the west coast state, Washingtonians can now get their highs out of a soda bottle.
The drinks, called Legal, come in cherry, lemon and pomegranate flavours but are all infused with 10mg of liquid cannabis. The drinks cost around $10 (£6).
They are being marketed as a gentler alternative to smoking that could be attractive to those still wary about cannabis.
"It's much more approachable, as opposed to 'Hey, mom and dad, do you want a joint?'" said Adam Stites, the founder of Mirth Provisions.
But the Washington-based company has not forgotten its more traditional stoner market. The Lemon Ginger flavoured drink is presented with the tagline: "Couch, meet butt".
It promises the drink is "so ridiculously relaxing that you may find yourself becoming one with your furniture".
The company is hoping to begin selling iced coffee shortly, promoting their Cold Brew as a drink with a mild high that could be drunk with breakfast.
"You’ll swim off into a day of work or play filled to the brim with pure joy," they promise.
For now the fizzy drinks will only be sold in Washington's certified cannabis dispensaries but could one day be available on supermarket shelves.
Recreational cannabis became legal in Washington state in July, making it the second state to legalise cannabis after Colorado began sales in January.
Voters in Alaska and Oregon, Washington's neighbouring state, will have their say on similar measures during referenda in November.
http://www.telegraph.co.uk/news/worldnews/nor...in-US.html
