Grapefruit USA Inc (GPFT): The company never has been able to pay i...

Reply Private New

Replies (1) Next 10 Prev Next

Send PM Follow Ignore

Followers	116
Posts	11877
Boards Moderated	1
Alias Born	03/08/2004

stockmasterflash

Re: MazelMan post# 52992

Thursday, 09/15/2016 7:09:57 AM

Thursday, September 15, 2016 7:09:57 AM

The company never has been able to pay it's debt.

It is still losing 6 figures every 90 days. Creditors and Medley can submit the device to the FDA after liquidation just the same as this current version of the company.

The assets only consist of the device. There is no building or significant tooling.

The device doesn't need current shareholders to exist

that's the point. Current investors are handing over money but have no claim on the device.

The company is Medley and Dean janes

They need shareholders to pay their debts. Nothng more

there is nothing to negotiate because shareholders have nothing to bargain with. They have no claim on anything at all.

#1). You have money. Other people want it. All of it!
#2). You want easy money. So does everybody else. They'll get it, too....yours! (and all of it!)
#3). You tell yourself you're smart. You won't lose your money. Fact: Other people are smarter,