Creative Edge Nutrition, Inc. (OTCMKTS:FITX) Cleans Its Facebook Page
Creative Edge Nutrition, Inc. (OTCMKTS:FITX)’s chart movements and dollar volume haven’t been anything to write home about in the last few sessions, but that may be about to change.
As Friday’s charts indicate, the ticker was doing very poorly in that particular session, until it deleted “all content which is in violation with MMPR” from its home page. At that point it was launched straight up and managed to cover the gap from its lowest point of $0.0175 to a high of $0.0209 in mere minutes. So what happened?
As can be seen in the comment section of the single post that FITX left on its homepage, investors quickly reasoned that the company deleting its Facebook history in compliance with Health Canda and the FDA’s regulations for licensed companies must mean that it has received a license.
It does not take a genius to see that this logic is flawed. True, if FITX got a license, the company would certainly need to scrub its social profiles clean of weed propaganda and deceitful PR. However, this logic can’t be turned around. In and of itself, the fact that FITX finally decided to do the decent thing and stop touting its own stock through the social media is hardly a sure sign that it has received a license from HC.
FITX enthusiasts are positively bubbling with anticipation right now, but even if FITX does get its license, there are still quite a few significant difficulties it has to tackle before it even begins production. The fact that the facility the company spent a year and more than $1 million building may end up unusable, because of zoning issues is one of the foremost among those.
This is why FITX enthusiasts may want to do some more due diligence and critical thinking instead of jumping on the hype train.