Post by
dontbelievethehype on Mar 14, 2014 9:54am
Truth taking effect, volume drying, price decreasing...
The writing is on the wall for this company...no license...no product...no sales...no revenue...no contract...no way...just a stock play, that has been played...3.5 billion reasons to dilute the company out, take the money (but it's a line of credit, which needs to be repaid, MANY companies pass on this offer from finance companies as the pay back/conversion terms are ALWAYS in favour of the loaner)...not sure how this company, just 4 short months ago still a protein powder selling failure, now claiming to soon be the BIGGEST facility in the WORLD (not even close, even if they ever complete their building), with the foremost authority in the WORLD now on side (but don;t ask for her resume, or credentials...self annointed, hand appointed)...the quickest ANY company has received a MMJ license here in Canada is 9 months...does anyone know when FITX applied? And under what name? Or are they aquiring the license from a third party? For stock? They really don;'t have any morew stock to issue...unless they up their "authorized for issuance)...they were authorized to do 3.5 billion...they have issued 3.4 billion...with a float of over 2.5 billion (unttil the other 1 billion shares restriction comes off)...I don;t see a buying opportunity here...I see a closing window ...