Grapefruit USA Inc (GPFT)

[Baruch Lebovits]

The pump that is IMGG



This "supposed" CEO response, to a negative post on another board, is a great example of a reply that points to manipulative, promoter prompted, collusive trading action in a Company.

I imagine the SEC may use this company as an example, especially as huge volume and wild trading action is coming from an entity that, by the CEO's words, "nothing to do with news, promotion or otherwise, especially on my part."

He got one part right, there's no operations to speak of and no news. He got one part wrong, and he knows this because he's close to the "unaffiliated 3rd parties" that pay promotion in the company shares, promotion in this name occurs regularly and was ongoing at the time of "his" post and you've got to love the closing inference, "oh, no, no, I'm not directly involved in any of this."

Disclosure - I admit the promoters have done a great job in this name and while I've been wrong in the short term, this stock goes to $0. Short.