What will happen to fitx in the next few months.
SEC SUSPENSION or MMPR LICENSE?
I'm thinking SEC SUSPENSION.
I think we will see that when license news comes out. Will be higher when production gets ramped up. Thanks for your response.
FITX Stock Message Board http://investorshangout.com/Creative-Edge-Nut...ITX-63675/
Thanks I feel that is the range we could play when license is announced. Thanks for your response.
No, apparently not. I guess there is another is another Bahige Chaaban that owned Edge Nutrition at some point. The article pointed out that Chaaban was in his sixties when it was obvious Billy is much younger.
When I first posted that article I was scolded for that fact alone, rather than taking all the other consistencies into account.
These CNS stores that Bill just shrugged off, may or may not have been part of the "Edge Nutrition" chain. I do remember when we uncovered that they were defunct stores that might not have even existed when the deal was originally cut. I think I found that out when I was trying to make the tie between the several entities that Bahige Chaaban owned and CNS. I kind of gave up pursuing that angle when all the great tales of mountains of cannabis started flowing out of Billy Boys mouth faster than a physic woodpeckers tail, with the same consistency..
It might be worth revisiting that deal in light of recent events. I'm sure there are still plenty of stones left unturned and the weed thing seems to have hit a little snag.
Proof would be nice as he is parading himself around like a legit INVESTMENT company.
Gosh forbid his FITX recommendations turn out to be more painful than a root canal!
this is no real disclaimer on his website he just set up a few days ago. he needs one.
http://www.desmondfargo.com/
nothing seems to be listed in FINRA BROKER CHECK on him or his company.
yes i think hes both
Well, for a start, the author is FITX long which hardly makes the article unbiased. You can tell that just by reading it.
Plus, are you aware of what marketfy actually is?
http://www.onlinetradingbiz.com/why-trading-a...-marketfy/
MARKETING!!!! Purpose. Getting gullible people to buy shares based on biased articles.
Is FITX promoter "Desmond Fargo" a registered financial advisor/analyst? Is his company Desmond Fargo Inc that he is parading around even incorporated anywhere? registered with FINRA?
http://www.desmondfargo.com/
Desmond Fargo
investments
selective stock analysis
current stock analysis:
FITX
http://www.desmondfargo.com/about.html
desmond fargo investments
this firm will be catered to investors interested in highly selective companies that are meticulously researched and selectively screened by FUNDAMENTAL and technical analysis.
We hone our skills in a few stocks rather than analyze hundreds with very little high quality research analysis.
desmond fargo inc firmly believes that a few companies that are researched and scrutinized have much higher potential of success than a screener of hundreds of stocks with no real connection, specific KNOWLEDGE, or due DILIGENCE.
understanding a company from the foundation is paramount to the selection process and IDENTIFYING a cohort of companies that have a high yield of sucess.
Please feel free to contact us for further information
Contact information
desmondfargo@yahoo.com
currently under construction
created like 10 days ago.
Caution advised.
Yeah it probably wasn't true, since I seen it on a different board.
Exactly. There are currently 13 licensed producers in Canada right now. What makes FITX so special apart from:
- they are late to the game, very late
- they have a relatively small facility (forget about we will be, we are going to, etc. Let's look at today and what they are apparently wanting to get licensed for)
- they have an overvalued company with shares that they themselves cannot even keep track of and report correctly
- a CEO that cannot get his facts straight, posts personal information about other people who question him, deletes any negative or difficult questions from the company facebook page and then bans people for asking those questions
- posts rants on facebook even though the board apparently asked him not to.
- insiders dumping shares onto gullible people
If you look at the map of where the currently licensed producers are located, they pretty much cover the entire country. So what, FITX is going to compete on price? Great. Just like their stores, that is a losing proposition. They are going to export? Yeah, will take years to get that setup. Do you have any idea how difficult it is to export/import any type of drug? The licensing alone can take years. This is not Johnson and Johnson or some other large company that have teams of people who are responsible for things just like this.
So tell me, what exactly sets FITX apart in this space? Look at the facts. If they do get licensed, how are they going to make money? I dare anyone on facebook to ask that on the company page and see how fast your question gets deleted and you get banned.
If you look at their annual reports for the past 3 years, the profit is DROPPING, and fast. In order to make things look rosy, this time they reported the investment as income! Hahahaha. While that is not illegal, it is certainly deceptive to shareholders who do not know how to read profit and loss statements. Now people think the company is making money, when in fact they took that investment and gave something up for it. So, I give you $1000, and in return you give me the title to your car. Is that income? Well, technically yes, but if you look a little closer......
Like I said. Tell me how FITX is going to make money if they are licensed.
If Bill put an apostrophe after "provided", then I would feel a lot better. I am sure that is what he meant, but I hate to overanalyze it. Which is of course, what I have just done!
Just get the darned license already! Lol, GLTA!
FITX NEWS!!!
Also on seeking alpha!!!
http://marketfy.com/content/54637-guest-post-...romise-del
Fitx=$$$$$$$
This is the place you need to go to verify license. Once someone is issued a license, it is updated here. Do not believe anything else you read or think you read about licensing. If it's not on this site, IT'S NOT TRUE!
http://www.hc-sc.gc.ca/dhp-mps/marihuana/info/list-eng.php
TIC TOC! Almost game time. Buckle Up!
Russia is invading the Ukraine...Russians don't like drug dealers Bill better get out while he can!
So sick of the speculation.
Seen a link but it got tooken down so I dunno? Take it for what it is.
Awesome man! Lets make it RAIN TOGETHER!
They did??? Show a link please.