Because the issue of Transparency has been brought
Post# of 56324
Posted On: 10/17/2014 2:39:36 PM
Because the issue of Transparency has been brought up again, I thought I could enlighten a few of you with a piece I wrote on the C.E.N. Facebook page last Tuesday.
Yesterdays price movement was hard to watch. There were several catalysts that drove it, none of which have any effect on the real long term value of this rapidly growing company.
There was a weak, biased, and poorly written article on a disreputable "news" source. The usual cast of flippers took advantage in a more aggressive way, The price fell in to a range that triggered a few peoples stop-losses, which created the appearance of a sell off, All of this downward trending price movement triggered some corresponding action by the automated trading systems of some of the Market Movers.
All of this together brought out the tension some of the long term investors seem to be experiencing. There are a few that have been belly-aching about the supposed lack of information that has been flowing from the company.
That last point is what I want to address.
As investors, we all came in because we a saw a cooperate vision that appealed to us, a management team that has the ability to make it happen, and last but not least, the evidence of what has already been built.
Most of us enjoyed the transparency of Bill's presence on this board, and on the C.E.N. Inc. page. We embraced our C.E.O.'s willingness to share with us, and make us feel like part of the team.
Unfortunately that period ended because of the interference of paid bashers with a habit of twisting every word into something it wasn't.
Since then our updates have consisted of the addition of more Board Members added to the management team, The introduction of several new companies under our cooperate umbrella, and pictures of meetings with several highly placed individuals in the Ukrainian government.
We have even seen quarterly financials come out that indicate a strong, healthy, and active company that is growing in profitability, and investing those profits in continued expansion.
All of these recent major events individually should have created substantial bursts in the PPS, but together should have propelled us well into a significantly higher trading range.
The fact that they haven't, tells us something.
The broader market isn't ready to give us the attention that we deserve.
The negative stigma of the Pinks Sheets keeps many investors away, and the newness of the MMJ industry gives cause to those that would invest, to only look at the one key point that pertains to that one aspect of our business model, are we selling MMJ?
For that, we are still waiting on the License.
Once we have the License in hand, we will be recognized by a larger group of investors as a valid entry into that industry.
This will create a sudden increase to our valuation.
This in turn will create greater scrutiny about our other cooperate ventures, people will finally start to recognize the greater potential of our company. Then when we have the attention of a larger audience, it will come time to introduce the world to the greater breadth of Bill's vision.
We who have done our own due diligence have seen documents about the future directions of the company and we see indicators of involvement with projects that have some staggering implications.
If we knew more about our company''s plans it might allow other companies to gain an advantage over certain portions of the plan that have not been fully implemented, which in turn could hinder the value of the introduction at the proper time.
So be patient. We have already been privy to an astounding level of transparency. More probably wouldn't have a significant effect on our valuation at this time.
The License is coming. When it arrives, This rocket can take off, and the journey can begin.
Then the entire investing world will want to know all about Cen Biotech, Creative Edge Nutrition, Hemp Technologies, RXNB, WMPG, Creams n' Caps, Jade Pharmaceuticals, And everything else that will thrive under the FITX umbrella!
Yesterdays price movement was hard to watch. There were several catalysts that drove it, none of which have any effect on the real long term value of this rapidly growing company.
There was a weak, biased, and poorly written article on a disreputable "news" source. The usual cast of flippers took advantage in a more aggressive way, The price fell in to a range that triggered a few peoples stop-losses, which created the appearance of a sell off, All of this downward trending price movement triggered some corresponding action by the automated trading systems of some of the Market Movers.
All of this together brought out the tension some of the long term investors seem to be experiencing. There are a few that have been belly-aching about the supposed lack of information that has been flowing from the company.
That last point is what I want to address.
As investors, we all came in because we a saw a cooperate vision that appealed to us, a management team that has the ability to make it happen, and last but not least, the evidence of what has already been built.
Most of us enjoyed the transparency of Bill's presence on this board, and on the C.E.N. Inc. page. We embraced our C.E.O.'s willingness to share with us, and make us feel like part of the team.
Unfortunately that period ended because of the interference of paid bashers with a habit of twisting every word into something it wasn't.
Since then our updates have consisted of the addition of more Board Members added to the management team, The introduction of several new companies under our cooperate umbrella, and pictures of meetings with several highly placed individuals in the Ukrainian government.
We have even seen quarterly financials come out that indicate a strong, healthy, and active company that is growing in profitability, and investing those profits in continued expansion.
All of these recent major events individually should have created substantial bursts in the PPS, but together should have propelled us well into a significantly higher trading range.
The fact that they haven't, tells us something.
The broader market isn't ready to give us the attention that we deserve.
The negative stigma of the Pinks Sheets keeps many investors away, and the newness of the MMJ industry gives cause to those that would invest, to only look at the one key point that pertains to that one aspect of our business model, are we selling MMJ?
For that, we are still waiting on the License.
Once we have the License in hand, we will be recognized by a larger group of investors as a valid entry into that industry.
This will create a sudden increase to our valuation.
This in turn will create greater scrutiny about our other cooperate ventures, people will finally start to recognize the greater potential of our company. Then when we have the attention of a larger audience, it will come time to introduce the world to the greater breadth of Bill's vision.
We who have done our own due diligence have seen documents about the future directions of the company and we see indicators of involvement with projects that have some staggering implications.
If we knew more about our company''s plans it might allow other companies to gain an advantage over certain portions of the plan that have not been fully implemented, which in turn could hinder the value of the introduction at the proper time.
So be patient. We have already been privy to an astounding level of transparency. More probably wouldn't have a significant effect on our valuation at this time.
The License is coming. When it arrives, This rocket can take off, and the journey can begin.
Then the entire investing world will want to know all about Cen Biotech, Creative Edge Nutrition, Hemp Technologies, RXNB, WMPG, Creams n' Caps, Jade Pharmaceuticals, And everything else that will thrive under the FITX umbrella!
(0)
(0)