Creative Edge Nutrition Inc (OTCMKTS:FITX) provided update on its GIDDY UP brand energy drinks. James L. Robinson, the President said that the management has made considerable advancement with the release of the unique energy beverage to the market. The formulations have been composed for all six drink flavors in both sugar-free and sugar. The formulations for the twelve products are done. The first production run will have products with fruit flavor.
Creative Edge stated that the first production run will be of nearly 200,000 cans as the initial demand is expected to be strong. Also, it is working on four pack casing design and 24 pack master case. The selection work of supply chain partners is completed. The management expects to witness a strong market demand following the energy drink launch. They will update on the development time to time and inform on product availability dates in near future.
Creative Edge is actively involved in the industry of Nutritional Supplements. Its primary objective is to develop unique, high quality energy beverages and supplements. So far, the company has developed various unique products which include capsules, tablets, and powders. It offers various science based products aimed to tap the market of weight management, health and fitness and nutrition challenges. The product facilities are strictly adhered to GMP guidelines.
Creative Edge formed a subsidiary firm named as CEN Biotech, Inc. in 2013. It was established in order to get a license under MMPR program in Canada. The approved firms are eligible to supply the people with pharmaceutical-grade medical cannabis. The subsidiary firm submitted its candidature to become a producer of dried marihuana for medical purposes.
Creative Edge Nutrition Inc (OTCMKTS:FITX) lost only a modest 2% in the last trading session with a volume of 5.4 million, almost exactly the same as the daily average volume. More interestingly, the range of the day was the same as the previous session, emphasizing the importance of the range of $0.0045-$0.0050 in the extreme short term. The stock is in a huge bear market for a long time now and trades about 94% lower compared to the 52 week high of $0.0795. The relevant channel in the short term is visible on the charts, which must be broken on the upside for a reversal.