Does he mean that the deal with the private invest
Post# of 56323
Posted On: 11/24/2014 2:01:31 PM
Re: OnlyRiches #44156
Does he mean that the deal with the private investor is no longer or has that been changed? I may be wrong by I think what is meant is that Creative Edge Nutritions's wholly owned subsidiary CenBiotech will become 100% independent of CEN and be it's own company.
"Wholly owned" just means all the shares belong to another company. In this case, all of Cen-Biotechs shares belong to Creative Edge Nutrition (FITX).
It would be great if they didn't have to give up 25% revs but I really don't think that's the case.
http://dictionary.reference.com/browse/wholly-owned
"Wholly owned" just means all the shares belong to another company. In this case, all of Cen-Biotechs shares belong to Creative Edge Nutrition (FITX).
It would be great if they didn't have to give up 25% revs but I really don't think that's the case.
http://dictionary.reference.com/browse/wholly-owned
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