FITX Alerts 08/27/2014 15:32:22 $FITX
Really? I just called them and they told me fitx was rejected.
Yep, that was just before my time here. If memory serves me correctly, the company (CNS) was found to be defunct, just like the hemp company.
Bill later claimed in an interview with AB that it was past management's fault and that CNS presented their financials to them on a bar napkin. (Same time he said GNC orders were shipping)
I remember it because Bill was the one who signed off on the deal and the contradictions snowballed from there. "Billspeak" has flooded the air since.
FITX Stock Message Board http://investorshangout.com/Creative-Edge-Nut...ITX-63675/
Health Canada has given me the official steps in the licensee process. Which many, have acted as if ready to build letter and many other steps are worth nothing, but in fact, with this federal government agency outline of the process presents is that CEN is nearly done the process and has been successful as of late. One more step is needed and that is the license, which is granted if the inspection has gone as well as Bill indicated, which I believe it has.
Here it is:
"Hello,
The following outlines the steps in processing an application. Please note that there are no specific process times for each of these steps.
Step 1: Preliminary Screening
Step 2: Enhanced Screening
Step 3: Security Clearance
Step 4: Review
Step 5: Ready to build letter (if required by applicant)
Step 6: Pre-licence inspection
Step 7: Licensing
If you have any additional questions, please do not hesitate to send us your questions by email at MMPR-RMFM@hc-sc.gc.ca or call us at 1-866-337-7705.
Licences and Permits Division
Office of Controlled Substances
Health Canada "
I thought the P&D piece pretty well summed it up. There's no good defense. People can't bestow accolade after accolade on Billy's "team" and then have the "team" screw up that badly.
Best case : Billy's team is nothing to write home about.
Worst case: They are crooks.
All IMHO, of course. The P&D write up pulled no punches. If Randy is going to sue Finston over some imagined libel, why is FITX not hell-bent-for-leather going after Pumps & Dumps? P&D all but called them criminals. LOL!
Cheapies tommorow
Fact they have been rejected until you can show me the
L's, no company would sit on that news. Its pass fail no maybe.
the stock goes up... the stock goes down.
Canadian Nutrition was paraded around in press releases like it was a done deal. and if they were given restricted shares it would be listed somewhere.
was this it?
Riemer 5/5/2013 75,000,000 0.001 acquisition Restricted
(probably carmela riemer from the Olympic Nutrition superstores in Ontario - http://olympic-nutrition-superstore.north-yor...uperstore)
Plus were the shares a down payment or for the whole deal? says different things in different places.
---
http://www.otcmarkets.com/financialReportView...;id=110086
CREATIVE EDGE NUTRITION, INC. AND SUBSIDIARIES
Notes to Consolidated Financial Statements
June 30, 2013 and September 30, 2012
page 20 of 20
NOTE 14 Subsequent Events
The Company has acquired Canadian Nutrition Superstores for 75,000,000 shares
of its common stock. The purchase of Canadian Nutrition Superstores is another
well designed strategic move for Creative Edge Nutrition, Inc. due to the fact that
this will continue Creative Edge's veliical integrated concept. Canadian Nutrition
Superstores is a 3 store chain operated in the Metro Toronto, Ontario Canada
market. The company is a discount retailer of all leading brand nutritional
supplements. The company is producing sales and has been in this market
segment for several years. These locations have the ability to pick/pack/ship
nutraceuticals and other consumer goods. This transaction will be consummated
in the quarter ended September 30, 2013. In the interim, the value of$75,000 for
the shares issued has been show as a deposit in the financials presented.
======
http://www.otcmarkets.com/financialReportView...;id=121354
CREATIVE EDGE NUTRITION, INC. AND SUBSIDIARIES
Notes to Consolidated Financial Statements
March 31, 2014 and September 30, 2013
The Company has acquired Canadian Nutrition Superstores for 75,000,000 shares
of its common stock. The purchase of Canadian Nutrition Superstores is another
well designed strategic move for Creative Edge Nutrition, Inc. due to the fact that
this will continue Creative Edge's vertical integrated concept. Canadian Nutrition
Superstores is a 3 store chain operated in the Metro Toronto, Ontario Canada
market. The company is a discount retailer of all leading brand nutritional
supplements. The company is producing sales and has been in this market
segment for several years. These locations have the ability to pick/pack/ship
nutraceuticals and other consumer goods. In the interim, the value of $75,000 for
the shares issued has been show as a deposit in the financials presented. The
Company will either consummate the transaction in the first quarter of 2014, or
terminate it depending on the ability of the acquiree to supply certain financial
information requested.
=======
http://investing.businessweek.com/research/st...=238533963
Company Overview
Canadian Nutrition Super Stores owns and operates a chain of discount retail stores selling nutritional supplements. The company is based in Ontario, Canada. Canadian Nutrition Super Stores operates as a subsidiary of Creative Edge Nutrition, Inc.
, ON
Canada
canadiannutrition.ca
=====
http://www.otcmarkets.com/stock/FITX/news?id=62502
MADISON HEIGHTS, Mich., May 8, 2013 /PRNewswire/ -- Creative Edge Nutrition, Inc. (OTCQC: FITX), a nutritional supplement company focusing on active lifestyles today announces that they have acquired Canadian Nutrition Superstores. The purchase of Canadian Nutrition Superstores is another well designed strategic move for Creative Edge Nutrition, Inc. due to the fact that this will continue Creative Edge's vertical integrated concept. Canadian Nutrition Superstores is a 3 store chain operated in the Metro Toronto, Ontario Canada market. The company is a discount retailer of all leading brand nutritional supplements. The company is producing sales and has been in this market segment for several years. These locations have the ability to pick/pack/ship nutraceuticals and other consumer goods.
In reference to this latest acquisition Bill Chaaban, Creative Edge Nutrition's CEO and President, stated: "We are glad to be able to announce theses strategic developments. We have been in negotiations with the parent company of Canadian Nutrition Superstores for over a year. This will allow us additional outlets to sell our Cenergy and SDN brands and capitalize on the multiple profit streams which result from vertical integration. The opportunity that this deal has provided to all parties is noteworthy and we look forward to the future and fits well with our plan. We are actively seeking more acquisitions to fill our model."
The website http://canadiannutrition.ca will be revised, rebranded and enhanced by our web developers to fit more in line with corporate structure.
that website hadn't even been around for a year:
Domain name: canadiannutrition.ca
Domain status: registered
Creation date: 2012/11/03
Expiry date: 2014/11/03
Updated date: 2013/10/05
DNSSEC: Unsigned
Registrar:
Name: eNom Canada Corp.
Number: 505567
Name servers:
ns1841.hostgator.com
ns1842.hostgator.com
Umm. why is everyone glossing over the "error" in A/S and the sloppy clean up by Management to try and explain it away? That is a Huge F up and wreaks of shareholder deception. Stuff like can cause some major problems right?
This is an opinion board. IMO, they've been rejected.
You're right. I proper "loan" would not be in perpetuity. This arrangement Billy has entered into, would more correctly be called "revenue sharing". The investor gets a percentage of the "gross" revenue.
I am surprised, since one would need "revenue" (FITX has very little), to secure this type of loan. If it were all above board, there wouldn't be all this secrecy about the "investor(s)" from which the capital has been secured.
Actually, the cancellation of that transaction, and subsequent retirement of shares was made public long ago. So they couldn't retire shares returned to the company already. I don't know if this was accounted for in previous filings or not. If not, they'll claim it was an oversight, revise a couple of Q's and it'll be business as usual IMO
You could be right, but I'm not a CPA.
At least I was smart enough to be one of the first to see the share discrepancy that Billy Boy's "crack staff" of attorneys and accountants signed off on and subsequently tried to cover up.
For 20 million, I would have bid for someone with a license and a track record, not a failed supplement pusher and dirty lab keeping pharmacist who dabbles in horticulture.
It's just the perpetuation of an insider enrichment scheme. Watch the float grow.
Yes when production is ramped up .15-.25 looks possible.
only time will tell where this stock will go. i highly doubt that they will never get their license. Too much money has been invested. no one ever said that this stock will blow up over night. it will take years. and to say that they have been rejected is irresponsible. unless you know something is fact, you should not mislead people. go FITX!
You're right. It's dilution. Permanent, too.
A percentage of revenue sold for a dollar amount is not a loan
This boat has been sinking for some time now.
Billy got smart and started printing shares on Bounty towels and issuing water tight bags to put them in.
They've been able to soak up the incoming water and bail with the bags for now, so you get a lift here and there.
But I'm not sure if the inevitable tide might just be too much for them. The Harbormaster isn't taking shares to pay for docking and repair. He wants real money. Something the SS FITX never had and won't for the foreseeable future.
more like $1.50 - $2.50
Really? I just called them and they told me fitx was rejected.
Yep, that was just before my time here. If memory serves me correctly, the company (CNS) was found to be defunct, just like the hemp company.
Bill later claimed in an interview with AB that it was past management's fault and that CNS presented their financials to them on a bar napkin. (Same time he said GNC orders were shipping)
I remember it because Bill was the one who signed off on the deal and the contradictions snowballed from there. "Billspeak" has flooded the air since.
FITX Stock Message Board http://investorshangout.com/Creative-Edge-Nut...ITX-63675/
Health Canada has given me the official steps in the licensee process. Which many, have acted as if ready to build letter and many other steps are worth nothing, but in fact, with this federal government agency outline of the process presents is that CEN is nearly done the process and has been successful as of late. One more step is needed and that is the license, which is granted if the inspection has gone as well as Bill indicated, which I believe it has.
Here it is:
"Hello,
The following outlines the steps in processing an application. Please note that there are no specific process times for each of these steps.
Step 1: Preliminary Screening
Step 2: Enhanced Screening
Step 3: Security Clearance
Step 4: Review
Step 5: Ready to build letter (if required by applicant)
Step 6: Pre-licence inspection
Step 7: Licensing
If you have any additional questions, please do not hesitate to send us your questions by email at MMPR-RMFM@hc-sc.gc.ca or call us at 1-866-337-7705.
Licences and Permits Division
Office of Controlled Substances
Health Canada "
I thought the P&D piece pretty well summed it up. There's no good defense. People can't bestow accolade after accolade on Billy's "team" and then have the "team" screw up that badly.
Best case : Billy's team is nothing to write home about.
Worst case: They are crooks.
All IMHO, of course. The P&D write up pulled no punches. If Randy is going to sue Finston over some imagined libel, why is FITX not hell-bent-for-leather going after Pumps & Dumps? P&D all but called them criminals. LOL!
Cheapies tommorow
Fact they have been rejected until you can show me the
L's, no company would sit on that news. Its pass fail no maybe.
the stock goes up... the stock goes down.
Canadian Nutrition was paraded around in press releases like it was a done deal. and if they were given restricted shares it would be listed somewhere.
was this it?
Riemer 5/5/2013 75,000,000 0.001 acquisition Restricted
(probably carmela riemer from the Olympic Nutrition superstores in Ontario - http://olympic-nutrition-superstore.north-yor...uperstore)
Plus were the shares a down payment or for the whole deal? says different things in different places.
---
http://www.otcmarkets.com/financialReportView...;id=110086
CREATIVE EDGE NUTRITION, INC. AND SUBSIDIARIES
Notes to Consolidated Financial Statements
June 30, 2013 and September 30, 2012
page 20 of 20
NOTE 14 Subsequent Events
The Company has acquired Canadian Nutrition Superstores for 75,000,000 shares
of its common stock. The purchase of Canadian Nutrition Superstores is another
well designed strategic move for Creative Edge Nutrition, Inc. due to the fact that
this will continue Creative Edge's veliical integrated concept. Canadian Nutrition
Superstores is a 3 store chain operated in the Metro Toronto, Ontario Canada
market. The company is a discount retailer of all leading brand nutritional
supplements. The company is producing sales and has been in this market
segment for several years. These locations have the ability to pick/pack/ship
nutraceuticals and other consumer goods. This transaction will be consummated
in the quarter ended September 30, 2013. In the interim, the value of$75,000 for
the shares issued has been show as a deposit in the financials presented.
======
http://www.otcmarkets.com/financialReportView...;id=121354
CREATIVE EDGE NUTRITION, INC. AND SUBSIDIARIES
Notes to Consolidated Financial Statements
March 31, 2014 and September 30, 2013
The Company has acquired Canadian Nutrition Superstores for 75,000,000 shares
of its common stock. The purchase of Canadian Nutrition Superstores is another
well designed strategic move for Creative Edge Nutrition, Inc. due to the fact that
this will continue Creative Edge's vertical integrated concept. Canadian Nutrition
Superstores is a 3 store chain operated in the Metro Toronto, Ontario Canada
market. The company is a discount retailer of all leading brand nutritional
supplements. The company is producing sales and has been in this market
segment for several years. These locations have the ability to pick/pack/ship
nutraceuticals and other consumer goods. In the interim, the value of $75,000 for
the shares issued has been show as a deposit in the financials presented. The
Company will either consummate the transaction in the first quarter of 2014, or
terminate it depending on the ability of the acquiree to supply certain financial
information requested.
=======
http://investing.businessweek.com/research/st...=238533963
Company Overview
Canadian Nutrition Super Stores owns and operates a chain of discount retail stores selling nutritional supplements. The company is based in Ontario, Canada. Canadian Nutrition Super Stores operates as a subsidiary of Creative Edge Nutrition, Inc.
, ON
Canada
canadiannutrition.ca
=====
http://www.otcmarkets.com/stock/FITX/news?id=62502
MADISON HEIGHTS, Mich., May 8, 2013 /PRNewswire/ -- Creative Edge Nutrition, Inc. (OTCQC: FITX), a nutritional supplement company focusing on active lifestyles today announces that they have acquired Canadian Nutrition Superstores. The purchase of Canadian Nutrition Superstores is another well designed strategic move for Creative Edge Nutrition, Inc. due to the fact that this will continue Creative Edge's vertical integrated concept. Canadian Nutrition Superstores is a 3 store chain operated in the Metro Toronto, Ontario Canada market. The company is a discount retailer of all leading brand nutritional supplements. The company is producing sales and has been in this market segment for several years. These locations have the ability to pick/pack/ship nutraceuticals and other consumer goods.
In reference to this latest acquisition Bill Chaaban, Creative Edge Nutrition's CEO and President, stated: "We are glad to be able to announce theses strategic developments. We have been in negotiations with the parent company of Canadian Nutrition Superstores for over a year. This will allow us additional outlets to sell our Cenergy and SDN brands and capitalize on the multiple profit streams which result from vertical integration. The opportunity that this deal has provided to all parties is noteworthy and we look forward to the future and fits well with our plan. We are actively seeking more acquisitions to fill our model."
The website http://canadiannutrition.ca will be revised, rebranded and enhanced by our web developers to fit more in line with corporate structure.
that website hadn't even been around for a year:
Domain name: canadiannutrition.ca
Domain status: registered
Creation date: 2012/11/03
Expiry date: 2014/11/03
Updated date: 2013/10/05
DNSSEC: Unsigned
Registrar:
Name: eNom Canada Corp.
Number: 505567
Name servers:
ns1841.hostgator.com
ns1842.hostgator.com
Umm. why is everyone glossing over the "error" in A/S and the sloppy clean up by Management to try and explain it away? That is a Huge F up and wreaks of shareholder deception. Stuff like can cause some major problems right?
This is an opinion board. IMO, they've been rejected.
You're right. I proper "loan" would not be in perpetuity. This arrangement Billy has entered into, would more correctly be called "revenue sharing". The investor gets a percentage of the "gross" revenue.
I am surprised, since one would need "revenue" (FITX has very little), to secure this type of loan. If it were all above board, there wouldn't be all this secrecy about the "investor(s)" from which the capital has been secured.
Actually, the cancellation of that transaction, and subsequent retirement of shares was made public long ago. So they couldn't retire shares returned to the company already. I don't know if this was accounted for in previous filings or not. If not, they'll claim it was an oversight, revise a couple of Q's and it'll be business as usual IMO
You could be right, but I'm not a CPA.
At least I was smart enough to be one of the first to see the share discrepancy that Billy Boy's "crack staff" of attorneys and accountants signed off on and subsequently tried to cover up.
For 20 million, I would have bid for someone with a license and a track record, not a failed supplement pusher and dirty lab keeping pharmacist who dabbles in horticulture.
It's just the perpetuation of an insider enrichment scheme. Watch the float grow.
Yes when production is ramped up .15-.25 looks possible.
only time will tell where this stock will go. i highly doubt that they will never get their license. Too much money has been invested. no one ever said that this stock will blow up over night. it will take years. and to say that they have been rejected is irresponsible. unless you know something is fact, you should not mislead people. go FITX!
You're right. It's dilution. Permanent, too.
A percentage of revenue sold for a dollar amount is not a loan
This boat has been sinking for some time now.
Billy got smart and started printing shares on Bounty towels and issuing water tight bags to put them in.
They've been able to soak up the incoming water and bail with the bags for now, so you get a lift here and there.
But I'm not sure if the inevitable tide might just be too much for them. The Harbormaster isn't taking shares to pay for docking and repair. He wants real money. Something the SS FITX never had and won't for the foreseeable future.
more like $1.50 - $2.50
