So is this the reason why the PPS is falling today ?
Thanks, I wasnt aware of that
FITX Stock Message Board http://investorshangout.com/Creative-Edge-Nut...ITX-63675/
I'm not sure I understand your reply to your post.
http://www.pumpsanddumps.com/2014/08/the-fitx...s-are.html
MUST READ DD UPDATE
http://www.pumpsanddumps.com/2014/08/the-fitx...s-are.html
moronic.
FYI, HC only issues "accepted" and "rejected". If you are "rejected" you must re-apply after you fix the deficiencies. It's not like buying a house and letting the owner fix problems during the process. In HC's case, the process resets.
FITX as rejected. The "amazing" part is the re-application. IMO.
Volume is drying up, looks like she is doing down.
This sell off today was pretty predictable. Yesterday was great, but the RSI was approaching 90 which is a huge overbought indicator. Stocks don't like to go up too much too quick. This is a consolidation zone spurred by day traders and profit takers. All of it is very healthy. I would like to see a close at .065 or above in order to show the stock has created new and higher support.
it is unbelievable that any stock still trades with the obvious danger of SEC action so clearly at hand. blows my mind. RUN FOR THE HILLS
Anyone who has any money in this company or is thinking of investing in this company should definitely read that article.
Just the tip of the iceberg!!!
GLTA
Read it again what I said was....
Quote:
My guess is "amazing" expresses his bewilderment in the variance between the specs he submitted and the ones HC want him to follow.
IOW the phrase COULD BE TAKEN as an expression of bewilderment at not passing the first go round, as in "amazing process". Again, what does Bill find so "amazing" about the process, and if not licensing what are these "next steps" in the process he is looking forward too? A re-inspection? Perhaps.
THAT'S how you interpret "amazing" in that context?
I find it a plausible explanation....
for why Bill chose to sit on the inspection news for a month. I think sitting on it bought ample time to repair any deficiencies cited (assuming there is nothing egregiously wrong)...Once rectified the additional delay caused by the deficiencies could be attributable to HC....The answer to the question, "We had an inspection why is it taking so long get our license" can now be obfuscated by citing HC is cause of the delay. Don't mention the deficiencies, don't mention the need to address them, or mention you are now back at the end of the line. Take a month, fix them and wait. When the lemmings ask, blame HC. Also, if you look closely at the pr it reads:
Quote:
CEN Biotech Announces the Completion of Its Pre-License Inspection by Health Canada
Creative Edge Nutrition
August 25, 2014 6:26 PM
MADISON HEIGHTS, MI--(Marketwired - Aug 25, 2014) - Creative Edge Nutrition, Inc. (OTC Pink: FITX) (PINKSHEETS: FITX), CEN Biotech, today announced that Health Canada Inspectors were present at its facility known as Site 1 (20 North Rear Rd) on July 31, 2014.
"Health Canada inspectors were present on July 31, 2014 and conducted their pre-license inspection. The facility was built according to specifications provided to Health Canada. We look forward to the next steps in this amazing journey," stated Bill Chaaban, President & CEO.
The bolded sentence seems critical. As someone else on here pointed out, FITX doesn't provide specs TO HC. HC provides specs TO all LP applicants. I think its important because it means the sentence can be read to mean: We built to the specs we provided, but these aren't necessarily the same as those HC demanded. " IOW we have things to fix"...
Note also in the next sentence Bill does not say, "we look forward to a favorable outcome and receipt of our license" or anything like that....What he says is, "We look forward to the next steps in the amazing process". So what "next step" is he referring to, if not the license? And, precisely what does he find "amazing" about the process. My guess is "amazing" expresses his bewilderment in the variance between the specs he submitted and the ones HC want him to follow.
But its all jmho
This is interesting news,
http://www.marketwatch.com/story/canadian-pot...eid=yhoof2
it is unbelievable that this stock still trades in multi-pennies with the obvious danger of SEC action so clearly at hand. blows my mind.
LOL. I have a script that monitors that page every 10 minutes. I'll be one of the first to know.
But, we know that license ain't comin'
You can check if there has been a license issued here: http://www.hc-sc.gc.ca/dhp-mps/marihuana/info/list-eng.php
As of right now, Health Canada has inspected the property and it is in their hands. So no, there is no license yet. I think you'll find the above site useful as you can visit it every few hours rather than sarcastically post "license yet?" here every few hours.
It was dead on? I doubt they'd have Health Canada inspect it if they didn't have a floor. Explain how that was "dead on".
License yet?
Who IPO'd on an american stock exchange?