TRTC doesn't have 3.5 billion shares. That's why it can got past a quarter and FITX can't go past a dime. Noobs...
I don't have an issue with having deficiencies. I have an issue with saying there were none a month ago... How is that hard to understand? It does cause a delay as HC will need to come back and inspect to make sure they have been remedied.
And and and the stock is down big after the PR yesterday and again today, so who is right then? Cult following is the only thing to describe the irrational love of FITX and complete inability to see a lie in their face.
Exactly, because they were never mentioned until yesterday investors have only now had a reason to ask what the deficiencies were. It's not minor when HC is needed to come back and they take forever, it wouldn't have been a big deal if he had just come out and said that a month ago and not told a lie that everything was to specs. That was a lie and you have not and cannot deny it...
If you don't understand saying a month ago (August 25th) that, The facility was built according to specifications provided to Health Canada." and the PR from yesterday said there were deficiencies and we must be patient as we wait for re-inspection are two opposite things? Well, you really need to up or lower the dosage I'm not sure which.
Re-read the post are you kidding me? Those were two articles the first one a month ago said everything was good, the one from yesterday said there were deficiencies that needed addressed...
I didn't think it was cryptic at all. He said very plainly that, and I quote, "The facility was built according to specifications provided to Health Canada." Wow... Today should be the day .04 fails.
He sold over ~3 million shares toward the end of August just before the PR about the pre-license inspection came out. At the time it made no sense, because he also said in that PR he expected the license by the end of August, now that THIS information is out his expectation of a license in August is EXTREMELY SUSPECT, because they obviously need re-inspected before that could happen and the timetable was impossible to achieve by end of August. This is going to end VERY badly and longs are ignoring a mountain of red flags...
MADISON HEIGHTS, MI--(Marketwired - Aug 25, 2014 "Health Canada inspectors were present on July 31, 2014 and conducted their pre-license inspection. The facility was built according to specifications provided to Health Canada. We look forward to the next steps in this amazing journey," stated Bill Chaaban, President & CEO.
Yesterday: on July 31, 2014 did state they were satisfied with our facility and were, in their words, "...the applicant (CEN BioTech Inc.) will be ready and able to meet the requirements of the MMPR provided the deficiencies addressed during the inspection debrief meeting were addressed..."
So weeks ago everything was built to specs and yesterday magically there were deficiencies.. How does he plan to get away with this?
Sentiment: Strong Sell
I'm talking about AFTER inspection. How did you not understand that?
But did Tweed say everything was built according to HC standards then come back a month later and say we had deficiencies? No because that would be illegal, something Chabaan didn't seem to mind. He can lie to your face and do no wrong incredible!
There are no Wall-Street Journal articles about FITX while there are about several real and licensed companies like Tweed and Bedrocan.
NM I found it: Creative Edge Nutrition Fiasco: Lakeshore Tells Health Canada, 'Not In Our Backyard'
He makes a great point that other actually licensed companies are trading at a fraction of the market cap of FITX. There is the odd idea that a FITX license is worth billions in market cap while that is just simply not the case. The Canadian medical cannabis market is smaller than a few counties in California to think they will be selling billions worth of pot is a flat out lie that even the CEO isn't touting anymore.