FITX Company info 08/27/2014 08:24:04 $FITX
* * $FITX Video Chart 8-26-14 * *
Link to Video - click here to watch the technical chart video
It appears to be the 75 million shares they issued for the Canadian Nutrition Superstores were cancelled and the deal was terminated.
Back to 3.468 billion, yippie!!
FITX Stock Message Board http://investorshangout.com/Creative-Edge-Nut...ITX-63675/
Setting Standards .....FITX !
Nice news Stewart another green day today
NICE FIND ! ! !
mid .08's today IMO
It seems like they "retired" the shares that should of never been issued past the A/S...
Missy
Nearly all publicly traded companies issue 3 of their 4 quarterly reports as unaudited, with only the annual report to complete the fiscal year as being the formally audited report.
Based on your comments, you think that three quarters of the rest of all other market's companies' reports are BS as well? (ie - GE, Aaple, Exxon Mobil, etc?).
-kbulldog.
Come on, Stew. Spit out that Kool-Aid. Those are not facts. They are predictions. Just read what you wrote and think. Are those facts, or are they predictions? I know you can do it. THINK!
Good luck!
When bullshit like that says "unaudited" on it, it's unaudited bullshit, just like when one of Bill's PRs says "pending." Bullshit. One little word makes the rest of it, well, "Billshit."
The ones selling FITX stock are making money. The ones buying it are just feeding the beast.
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 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.
* * $FITX Video Chart 8-26-14 * *
Link to Video - click here to watch the technical chart video
It appears to be the 75 million shares they issued for the Canadian Nutrition Superstores were cancelled and the deal was terminated.
Back to 3.468 billion, yippie!!
FITX Stock Message Board http://investorshangout.com/Creative-Edge-Nut...ITX-63675/
Setting Standards .....FITX !
Nice news Stewart another green day today
NICE FIND ! ! !
mid .08's today IMO
It seems like they "retired" the shares that should of never been issued past the A/S...
Missy
Nearly all publicly traded companies issue 3 of their 4 quarterly reports as unaudited, with only the annual report to complete the fiscal year as being the formally audited report.
Based on your comments, you think that three quarters of the rest of all other market's companies' reports are BS as well? (ie - GE, Aaple, Exxon Mobil, etc?).
-kbulldog.
Come on, Stew. Spit out that Kool-Aid. Those are not facts. They are predictions. Just read what you wrote and think. Are those facts, or are they predictions? I know you can do it. THINK!
Good luck!
When bullshit like that says "unaudited" on it, it's unaudited bullshit, just like when one of Bill's PRs says "pending." Bullshit. One little word makes the rest of it, well, "Billshit."
The ones selling FITX stock are making money. The ones buying it are just feeding the beast.
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 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.
