Grapefruit USA Inc (GPFT)

[Premium Stocks]

Filings made annual and attorney letter due up now , OTC said everything in , waiting on yield to go down

[mr_sano]

Your right my mistake your money went to financing the Y law practice.

[Blade Slade]

Heaven? Are you sure? I know my money didn’t go there 😂

[mr_sano]

Dude- stop this company has died and gone to heaven.

[Premium Stocks]

UMMMM, SOMEONE IS ALIVE

[Premium Stocks]

Hurricanes !! Come swiftly

[mr_sano]

Your understanding of gpft is woefully poor! You should go to Vegas & put it on a crap table …at least you’ll get a free drink

[Premium Stocks]

Looks like selling pressure has subsided

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$GPFT Grapefruit USA Inc
USOTC
356
0.003 0.0005 (20.00%)

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Good Morning $GPFT

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Looking better today $GPFT

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She is waking up $GPFT

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Here we go $GPFT

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Good Morning $GPFT

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Great time to load imho .. I grabbed a starter and will load all the cheaps I can get .. if they do the right thing we should move up fast

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Grapefruit https://grapefruitblvd.com/ (OTCPK:GPFT) updates it's recent announcment regarding the proposed acquisition of Diagnostic Lab, as well as the proposed recapitalization of the Company.
The Company announced it was “finalizing its due diligence on DLC and is in the final stages of negotiating the terms of its anticipated financing and structuring the transaction documents, all of which it expects to complete in the next several weeks.”
The Company further reported that “due to current general market and economic conditions, the anticipated transaction and financing process is active and continuing with all terms and conditions of financing and structure expected within the next 30 days.”
"Grapefruit is laying the groundwork to implement the Company’s long-term strategic plans to acquire several retail stores in the Eastern part of the United States as the next event in the Company’s evolution to a wellness-driven, medical science-based, canna-focused biotech company,” said Bradley J. Yourist, Grapefruit’s CEO and co-founder.

[mr_sano]

Dude the Company has gone dark…sales are now almost zero and the financials are in the toilet. The attorneys bros are operating in high rent West LA & have no idea how to run a cannabis business.

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Good Morning $GPFT

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Grapefruit USA Inc. (OTCQB: GPFT) is a Delaware corporation which holds permanent annually renewable licenses issued by the State of California to manufacture and distribute cannabis products in California. Grapefruit is one of the first Companies to be issued an annually renewable distribution license. The Company manufactures and distributes a proprietary line of patented and branded cannabis and hemp-based products. The company manufactures this product line and distributes it, along with other cannabis and hemp products, in California and throughout the USA. Grapefruit's flagship product, its patented Hourglass THC-cannabinoid/CBD time release delivery cream, has harnessed cutting edge technology to introduce truly disruptive products to the cannabis and hemp marketplaces. The Company believes the Hourglass line of THC-cannabinoid/CBD products has fundamentally changed the way individuals use THC, other cannabinoids, and non-THC hemp-derived CBD products. A simple application of the Hourglass cream enables the user to experience the holistic benefits of THC, CBD and many other cannabinoids. As the market becomes aware of this proprietary line of products, demand will grow and the Company will capitalize on its proprietary hold on all Hourglass based products. The company is managed by a team of experts who possess the experience, skills and resources required to succeed in the competitive cannabis marketplace.

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Perfect spot to load $GPFT

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Good Afternoon $GPFT

[mr_sano]

You been saying that for weeks so jump in Tarzan! What happened to your big debt cancellation you were hocking last month? Hmmmm….if you knew anything about the mall attorneys running the show (unless your one of them) you’d be heading for the hills! Seriously what about this company who has intentionally gone dark is so appealing? These guys just repackage off the shelf crap product with their not no special branding….then there is the thc lotion which sold a dozen bottles after being hyped for a year as the next big thing!

[Premium Stocks]

I am looking to buy here

[mr_sano]

That’s a strategy for developed companies. Gpft is a pipe dream that went sour…why don’t you post the connection to the lawsuit instead of just cryptic posts?

[Premium Stocks]

Public lawsuit ….. draw the line from dot to dot , doesn’t take a genious

[mr_sano]

Simple math? Outside of the Auctus nonsense ,most of this is note payables or convertibles. I doubt any judge is going to let them skate on 4M. They got the cash and spent it! The attorney bros might be great lawyers but are not great business operators and that was very obvious from the public disclosures way before they went dark. You might be able to ink out a quick trade here but the product sales are just not there…not that you care

[Premium Stocks]

Public article on SEC lawsuit on the debt holders . If debt is illegally given it will be legally cancelled . Very simple math

[mr_sano]

Nonsense…that would require an 8k and you hearing about it before hand and posting it would be insider information. Is a crap penny really worth going to jail?

[mr_sano]

You heard…? Source please

[Premium Stocks]

Debt looks like it will be cancelled because loan company was not registered and being sued by SEC

[OmahaInvestor]

I’ve not been paying attention to my Grapefruit holdings as I assumed this is dead. Please explain further and thank you!

[Premium Stocks]

This one will blow a lid soon

[Premium Stocks]

All debt I heard is being cancelled due to SEC violation by debt holders

[CashBowski]

I would be dumping into every one of these promo’s.
It’s as good as it’ll get.

[mr_sano]

Remember those that said this was going way higher without regard to the companies financials woes…their motivation is always pure greed.

[mr_sano]

How’s that gpft call working out for you?

[mr_sano]

It’s amazing what they can get away with…

[Blade Slade]

Thanks Sano. Think I’d rather watch paint dry. All the best.

[mr_sano]

Annual report is out on the site. As expected dismal results…

[mr_sano]

where did all the promoters go??

[mr_sano]

Well financials are there but it’s all bad so I get why they don’t want to report…

[Blade Slade]

Or private, or delisting, deregistering. Hard to believe that it’s difficult to file when there are no financials. Maybe they’ve stumbled onto a new game changing 3D imaging device.

[mr_sano]

Form 15 12g is company going dark?

[mr_sano]

Yeah well I like material numbers…last reported the company did only 29k in sales for the first half of 2022 as compared to the previous year of over 400k. The 2022 CGS is 8 x sales! How many “manufacturers” throw in fixed cost with a variable expense? It’s like they think nobody will look….mall attorney Fuzzy Math!

“Included in cost of goods sold are plant operation and other direct overhead expenses incurred to maintain our production facilities. These fixed carrying costs affect our gross margin more significantly at lower revenues than at our anticipated full operating activity levels. When inspecting inventory this quarter, we found some inventory was damaged, which necessitated a $68,500 reduction in inventory. Most of the product was salvageable and will be ready for resale in August 2022.”

[mr_sano]

Drop dead date is Tuesday

[BADALI]

GPFT updates are due soon.Hopefully late fillings will fill now
Stay tuned

[BADALI]

Many material updates will company more solid

[mr_sano]

Nobody is making any big moves until after the 10k spells out the real situation on the ground.

The fact that they have been late on every 10K&Q filed over the last 24 months does not show a company that is killing it. Revs have collapsed & the company doesn’t have the cash flow to support its acquisition plans nor it’s much promoted desert property land development & buildout. Rome was built in a shorter period of time!

Company needs to provide clarity on funding and sales development & have a proper shareholders meeting so investors can ask real questions of management.

[ALERTS100%to10000%GAIN]

GPFT.005 , volume is coming in now,that wall 1.6M shares could be fake from MM’S or if is from retail is a great to load up huge because some or later I can bank 300-400 %%from .005 now
GPFT all charts above support.004 ,gonna run fast when is breaking out
Will be Weeeeeeee all over fellas