FITX Stock Alert 08/28/2014 17:32:43 $FITX
I simply stated that I agreed with your logic. Hope we are correct.
RXNB - I can't wait to see an audit on their books. They had some crazy a$$ valuation on RXNB when they tried to do that PHOT deal.
http://www.prnewswire.com/news-releases/growl...10411.html
...
RXNB is an investment company with holdings in drug formulation, manufacturing, and distribution. The company represents a recent roll-up of several independent companies in the pharmaceutical and nutraceutical market. RXNB has numerous pending patents in the field of THC research and development. RXNB has a portfolio valuation of $110 million dollars and approximately $27.5 million dollars in annual revenue.
FITX Stock Message Board http://investorshangout.com/Creative-Edge-Nut...ITX-63675/
Don't think so. The company AAA applied in Nov/13 for the MMPR and was a grower under the old system . The build out , with the exception of tweeking the ventilation, has been completed.
I left this part out of my original post.
"This latest correspondence from Health Canada confirms that AAA Heidelberg is making steady progress towards an MMPR licence. In anticipation of the completion of the build out and the subsequent invitation to Heath Canada for a final inspection, management ( of XXX) has arranged to visit the facility,"
You're absolutely right, sir. For now, the insiders have quite a bit of stock left to sell. But once they run out, they are left with some version of those four choices, including the "merger," which I see as the most likely, given the squawking Bill has been doing about RXNB, or whatever he's calling it. He'll merge FITX (his own company, given that he has five billion votes that we know of) with his own company or companies to get more shares to sell. The old shell game.
If people keep buying it, why shouldn't he keep selling it? The profit margins on selling pinky stock are far better than those of selling pot, insurance, stem cell research, or just about anything else.
But they don't. They aren't even a pimple on the azz of the pharma industry.
I'd love to see an audit of RXNB as much as I'd love to see one from FITX. Deloitte probably took the books to the alley, set them on fire and politely told Billy Boy to restate them. If it was even true.
Show me this multi million dollar pharma company. I'll show you an FDA recall and a closed shop.
Some reason could not see your posts please resend.
I don't think they have much of a choice. They are out of shares to sell. Its either reverse split, AS increase or selling off more of the company.
Because the private company you merger with may have more assets and a proven track record of making money. Thanks for the info. I would like to see a merger because I do not believe this company can exists without one. Just my opinion.
Nice...
Very compelling numbers but I think you have the summary all wrong.
Quote:
$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!
Here's the revised figures.....
$1,000 investment today = $1,000,000 for Bill and the Gang
- $10,000 investment today = $10,000,000 for Bill and the Gang
- $100,000 investment today = $100,000,000 for Bill and the Gang.
Putting blue chip numbers on a stinky pink?
Priceless...
Security screening of executives, one of the very first stages of obtaining a license. This had taken place before creative edge even went public with CenBio imo.
Good question.
Only the shadow knows.
Perhaps since you mentioned it, he will now produce one tomorrow?
All I know is they never asked for the letter, it just arrived. If it's standard practice at health Canada to notify enhanced screening , did Chaaban get one. Or will he get one ?
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 more than 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!
Didn't ever hear of the enhanced screening stage. New one by me.
Very logical
What does that mean.
Bill has already laid the groundwork for using that story to gin up more stock to sell, having maxed out the current AS of FITX. FITX will "merge" with another "company" that has LOTS of stock to sell. If he doesn't get put in jail or banned from the business of selling worthless stock first, it will come. That's a sure bet.
Original Shareholders
If you are an original shareholder in a failed company that is planning to go through a reverse merger, you will have a chance to vote on whether to accept the merger. Since your stock is essentially worthless, voting for the reverse merger might seem to present hope of eventually recovering your investment. You will receive a certain number of shares in the new company in exchange for your original shares, but that number will be considerably smaller than the number of shares in your original holding. For example, the new company may trade 25 percent ownership for the public shell. If the new company has 100 million shares authorized, it gives 25 million to the original company's shareholders. If the original company had 250 million shares issued, each shareholder will receive one share of the new company in exchange for 10 original shares. In this example, if you owned 1,000 shares of the original stock, you would receive a certificate for 100 shares of the new stock.
http://finance.zacks.com/reverse-merger-mean-...-1096.html
Why go through all that when you can just do an R/S?
If Lakeshore was inspected , did Chaaban ever received , notification by Health Canada that fitx's application was in the enhanced screening stage ?If he did, why not announce it?
XXX announced today,
London On. Aug 28th 2014,
"XXX Technologies Inc. is giving an update on the activities of AAA Heidelberg, the private Ontario company that XXX purchased a 16.5-per-cent ownership stake in (see news releases dated March 27 and April 2, 2014) and holds the exclusive right to acquire the remaining 83.5 per cent upon the granting to AAA Heidelberg of an MMPR (Marihuana for Medical Purposes Regulations) licence by Health Canada.
AAA Heidelberg has been given notification by Health Canada that its application is in the enhanced screening stage."
I simply stated that I agreed with your logic. Hope we are correct.
RXNB - I can't wait to see an audit on their books. They had some crazy a$$ valuation on RXNB when they tried to do that PHOT deal.
http://www.prnewswire.com/news-releases/growl...10411.html
...
RXNB is an investment company with holdings in drug formulation, manufacturing, and distribution. The company represents a recent roll-up of several independent companies in the pharmaceutical and nutraceutical market. RXNB has numerous pending patents in the field of THC research and development. RXNB has a portfolio valuation of $110 million dollars and approximately $27.5 million dollars in annual revenue.
FITX Stock Message Board http://investorshangout.com/Creative-Edge-Nut...ITX-63675/
Don't think so. The company AAA applied in Nov/13 for the MMPR and was a grower under the old system . The build out , with the exception of tweeking the ventilation, has been completed.
I left this part out of my original post.
"This latest correspondence from Health Canada confirms that AAA Heidelberg is making steady progress towards an MMPR licence. In anticipation of the completion of the build out and the subsequent invitation to Heath Canada for a final inspection, management ( of XXX) has arranged to visit the facility,"
You're absolutely right, sir. For now, the insiders have quite a bit of stock left to sell. But once they run out, they are left with some version of those four choices, including the "merger," which I see as the most likely, given the squawking Bill has been doing about RXNB, or whatever he's calling it. He'll merge FITX (his own company, given that he has five billion votes that we know of) with his own company or companies to get more shares to sell. The old shell game.
If people keep buying it, why shouldn't he keep selling it? The profit margins on selling pinky stock are far better than those of selling pot, insurance, stem cell research, or just about anything else.
But they don't. They aren't even a pimple on the azz of the pharma industry.
I'd love to see an audit of RXNB as much as I'd love to see one from FITX. Deloitte probably took the books to the alley, set them on fire and politely told Billy Boy to restate them. If it was even true.
Show me this multi million dollar pharma company. I'll show you an FDA recall and a closed shop.
Some reason could not see your posts please resend.
I don't think they have much of a choice. They are out of shares to sell. Its either reverse split, AS increase or selling off more of the company.
Because the private company you merger with may have more assets and a proven track record of making money. Thanks for the info. I would like to see a merger because I do not believe this company can exists without one. Just my opinion.
Nice...
Very compelling numbers but I think you have the summary all wrong.
Quote:
$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!
Here's the revised figures.....
$1,000 investment today = $1,000,000 for Bill and the Gang
- $10,000 investment today = $10,000,000 for Bill and the Gang
- $100,000 investment today = $100,000,000 for Bill and the Gang.
Putting blue chip numbers on a stinky pink?
Priceless...
Security screening of executives, one of the very first stages of obtaining a license. This had taken place before creative edge even went public with CenBio imo.
Good question.
Only the shadow knows.
Perhaps since you mentioned it, he will now produce one tomorrow?
All I know is they never asked for the letter, it just arrived. If it's standard practice at health Canada to notify enhanced screening , did Chaaban get one. Or will he get one ?
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 more than 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!
Didn't ever hear of the enhanced screening stage. New one by me.
Very logical
What does that mean.
Bill has already laid the groundwork for using that story to gin up more stock to sell, having maxed out the current AS of FITX. FITX will "merge" with another "company" that has LOTS of stock to sell. If he doesn't get put in jail or banned from the business of selling worthless stock first, it will come. That's a sure bet.
Original Shareholders
If you are an original shareholder in a failed company that is planning to go through a reverse merger, you will have a chance to vote on whether to accept the merger. Since your stock is essentially worthless, voting for the reverse merger might seem to present hope of eventually recovering your investment. You will receive a certain number of shares in the new company in exchange for your original shares, but that number will be considerably smaller than the number of shares in your original holding. For example, the new company may trade 25 percent ownership for the public shell. If the new company has 100 million shares authorized, it gives 25 million to the original company's shareholders. If the original company had 250 million shares issued, each shareholder will receive one share of the new company in exchange for 10 original shares. In this example, if you owned 1,000 shares of the original stock, you would receive a certificate for 100 shares of the new stock.
http://finance.zacks.com/reverse-merger-mean-...-1096.html
Why go through all that when you can just do an R/S?
If Lakeshore was inspected , did Chaaban ever received , notification by Health Canada that fitx's application was in the enhanced screening stage ?If he did, why not announce it?
XXX announced today,
London On. Aug 28th 2014,
"XXX Technologies Inc. is giving an update on the activities of AAA Heidelberg, the private Ontario company that XXX purchased a 16.5-per-cent ownership stake in (see news releases dated March 27 and April 2, 2014) and holds the exclusive right to acquire the remaining 83.5 per cent upon the granting to AAA Heidelberg of an MMPR (Marihuana for Medical Purposes Regulations) licence by Health Canada.
AAA Heidelberg has been given notification by Health Canada that its application is in the enhanced screening stage."
