That’s would actually provide more benefit then any product the company has brought fourth!

Revert back to the small micro unit they supposedly developed and adapt it to move cannabis extract oil. It’s a logical step for a schmarmy penny. Oh wait then there crypto!

I suspect Lane has them and is still collecting some form of rent. After all you pay the rent before everything else unless you want to end up on sidewalk.

Cecil is a scam CEO! Went door to door pitching Qsep stock to doctors and dentists at their place of business or in their home...all with Bigger at his side. It’s a roadshow of misfits and insider enrichment schemes. How anyone could recycle this failure is beyond me!

Logic has been thrown out the window Sox! What ever potion Qsep has concocted that keeps hope alive is what they should be selling!

“
The “disruptive” delivery BS from Grapefruit is one of those drunk moments dreamed up by scammers like the Yourists.”

Yep I don’t believe anything in pennyland until it flys off the shelf and is converted to cash on the books. Gpft Thc full spectrum lotion product is a ghost product as far as dispensaries are concerned nowhere to be found except in a few locations here in Cali. The shift to CBD is just another reaction not a strategy. It will get harder and harder to justify the market cap with pathetic sales and negative margins.

Agreed to some extent but the reverse acquisition of a public company with all kinds of baggage in a different market was not exactly the norm for a cannabis play. It is clear that management used the public status to offload as many convertibles as possible. The involvement with Auctus continues today and is toxic so the only guarantee is that ownership will continue to be diluted. I also question the efficacy of the delivery system licensing deal. Why would the licensor give Gpft an exclusive on anything until they prove they can sell? I’m not seeing it!

“
NOTE 9 – CONVERTIBLE NOTES PAYABLE

In August 2020, 9,100,380 shares were issued to settle $80,754 debt of a note and accrued interest resulting in a loss of $5,225.
“

9 million shares for 80k in debt is less than a penny a share! The more you dig through these disclosures the clearer the story becomes!

Jaymark..the problem is the inventor and scientific head of the company is a pseudo scientist who’s papers theories and prototypes are no where near the standards of developing a new technology for pipeline operation. Over 50M has been predominantly spent on salaries and overhead including the 500k failed test they recently botched.

The problem for me is that Tao or Temple never takes the heat or answers any questions. I haven’t seen a comment or new paper from Tornado Tao for years! The university is no better and simply sits back collecting licensing and grant fees and interest for years! Until the University, more specifically Tao, is held accountable for the ongoing misrepresentations of facts then companies like Qsep will continue to purchase legitimacy through this pay to play system Temple has in place. This is a crime in my book but very hard to prevail. At some point in history somebody will bring a successful lawsuit against this type of grift!

“Sequire” system of investor intelligence and communications tools which will allow the Company to search and monitor key shareholders to track shareholder buying and selling behavior and trends and then use these data-driven insights to engage with shareholders across multiple media channels such as LinkedIn, Facebook, Instagram, Twitter, and traditional display and email channels. The Sequire system will also help the company to identify and secure a wider shareholder base and potential investors.”

Investor intelligence????
Wtf are they going to implant a chip in anyone who bought Gpft? This is pure desperation now...the market said if your going to sell
7.5 cents share to a toxic lender then that’s the value of the common! No passport tracking necessary. Lord you can’t make this stuff up!

Cost of goods sold exceeded revenues. SG&A bloated..Nothing further to be said. No Blunt margins no Bob Marleys!

You mean the outfit that has its ticker halted and can’t trade? Yeah that’s a real gem. Should make the licensor of the underlying “magic” of the patchless patch jump with joy that another broken company is here help them monetize their revolutionary delivery system..yeah right!

Gpft reliance on toxic funding is a major issue. The $450k they just borrowed from Auctus has a very high interest rate and I’m sure will be a cashless repayment with shares that auto adjust for dilution. Another major concern would be anemic sales. For a company rolling out a so-called “disruptive” product...350k for 1st Q doesn’t come close to covering the fixed costs. It’s also less than 2020 sales!

Yeah...then there is that pesky filing whose extension came due 2 days ago. Doesn’t seem to make sense as 10q are not audited and all they need to do is plug in numbers. It’s not these guys have 3 divisions doing $500M...sorry there has to be another explanation,

Sorry ND but this outfit reeks of the same stink that made imgg3 infamous. If this goes on much longer without a filing or response the pps will continue to get pulverized. It’s madness to think this company has a market cap of over $50M and responds to JV talk about an undisclosed Canadian prospect....but can’t file an unaudited 10q on time! Shameful!

Good morning...10q still past due!

“The Registrant intends to file the Quarterly Report on Form 10-Q on or before the fifth calendar day following the prescribed due date.”

Apparently Gpft management doesn’t grasp the concept of “Calendar Days”. 10q was due yesterday. Great job team...nothing says success like blowing three disclosure dates in a row!

They should utilize their “expertise” to get their ticker activated and get in compliance cause nobody has been able to trade it for months. It’s no wonder Gpft haven’t released the name if this is truly the outfit actually interested.

...and? What ever creative deal this Canadian company does is of no real Consequence to GPFt until they announce they are ones interested and if revenue actually hits the books if ever! Right now they need to release their disclosures on time without a bunch of weak excuses that just gets modified as they go. Company looking to pump but has nothing legit to report other than made up news and the reliance on the loyal to spin what ever morsel is dished out. It’s been goin on with this ticker since it’s was a medical device company and hired a bunch of “stock awareness” consultants to further bleed the company dry!

Today they need to report by end of the day. Should have done it yesterday but the schmarmy management decided to wait to the absolute last moment possible. These are the clues that says all is not well.

Oh halted stock prevented from trading for 7 months is not a problem? Ok..see how that works out for Gpft. These are the kind of deals lawyers make so they make sure they don’t work for free. My take..no legitimate company would make deals outside of the country before they fully exploit the US territories. Especially with a company that has the kinds of issues that would cause it stock to be halted. Gpft has enough on it’s plate and has not executed to any real level of confidence other than to be distributor while running a half dozen other projects. Chasing some headline of Potential business or interest is exactly the same tactic imgg3 used for decade. It didn’t age well!
Besides 2 late filing in a row for bogus reasons says to me the numbers smell like 3 day old bait fish on a sunny day. Now backpedaling CEO and extrapolation of who and when might be interested leaves no doubt in my mind what’s coming next.

Due diligence would suggest you don’t get excited over a ticker that has been halted on three exchanges!

When companies promote and fluff the remote possibility of an agreement or taunt some framework for talking about who knows what (MOU) then, absent an 8k with real material events, you can be assured that 9 out of 10 are just trying to pump up the share price with made up news. That’s what going here. Gpft must elevate its pps so it can continue to sell convertibles to finance its 200k a month it burns like firewood! 2 late filing now in a row means they are worried about the numbers and probably will do anything to play down the toxic funding it’s now engaged in and the total lack of market distribution it has achieved in any of its products.
Gpft is lifestyle stock for the Youris family who now owns over 50% of all shares...guaranteed they will make bank while investors bear the brunt once again!

“Execution of the MOU moved the entire process forward as we now more clearly understand each other’s overall goals and priorities as well as the capital requirements and legal, regulatory and logistical challenges of finalizing a Joint Venture and/or an acquisition. We expect to bring the process forward to the point of making a decision in the next 30-60 days. Once again, that being said, we wish to emphasize that the discussions reported here, although substantive and largely positive, remain preliminary in nature and may be terminated at any time. Grapefruit will update the public as necessary on any material joint venture or acquisition developments as events proceed.”

Lawyer speak for “we got nothing”

Yet the ticker has been halted in Canada, Germany and the US for over 7 months! If this is the flag ship company everyone is hanging their hats on to bolster Gpft then sadly they are a match made heaven.

Veritas pharma has been halted trading on the OTC for a year and likewise for Canadian markets so Gpft investors should be praying this isn’t the masked avenger company that’s been floated here because they are a pile of dog shit!

Lol!

“Bradley J. Yourist, Grapefruit CEO, commented, “While Grapefruit was, of course, disappointed by the delays occasioned by our counterpart’s corporate action (which were in progress before our discussions commenced), we believe it was in the best long term interests of Grapefruit and its shareholders to accept a pause while the Canadian partner concluded its corporate actions.”


Ceo got called out on his fluff Pr now back-peddles and use corporate structure as an excuse. What’s the excuse for not releasing 10Q on time? Did the dog eat the documents??Why release this non news prior to releasing required disclosures on time! You can’t make this sh$t up!

More sellers than buyers

Meanwhile smart money selling hand over fist!

They are abandoning a ship that’s been sunk to the sea floor for a decade!

Toxic lender happy to do deals at 30% discount plus 12% interest with no possibility of being paid back given current financials. Begs the question why would anyone buy the common if they truly believed this was the nut flush..im sure management would be happy to write convertibles and warrants to friends and family all day long!

Today’s news is 10Q will be filed late!

Gpft files late notice. Cites delays in compilation of financials! Great job guys you botched the firsts two releases!
“
The Registrant's Quarterly Report on Form 10-Q for the quarter ended March 31, 2021, cannot be filed within the prescribed time period because the Registrant is experiencing delays in the compilation of certain financial and other information required to be included in the Form 10-Q. The Registrant intends to file the Quarterly Report on Form 10-Q on or before the fifth calendar day following the prescribed due date”

Where is the 10q?? Due yesterday ...nothing builds confidence like two late filings in a row! But hey they trade crypto for weed Cream so all is good...ha! Will they file 10q-NT before end of day?

Stick I remember you still holding out for Dominion but it died with the FDA NSE verdict. Now since we all know that 3D real-time imagery at 1/3 the cost isn’t actually achievable how can you possibly make the leap to hemp cream or believe anything this management says? I mean the other division supposedly pursuing DVIS doesn’t even exist! As for CBD IMO it’s a category but lots of players and great many have great branding. Gpft doesn’t have enough dollars to get a Celeb endorsement or even build its existing brands beyond a few million dollars in sales. Ceo and brother and family own a majority of the shares. IMO their interest will be to sell the company and that’s the entire goal here. If they can pull that off then insiders will make bank but the reality is they burn cash at an increasing rate. 10q due let’s see what the numbers say!

The patchless Thc product has been on the market for months....yet no one hears a peep! 2 reviews online. Translation:epic fail! Pivot to CBD so they don’t have to jump through hoops but makes them just another lotion maker with some questionable efficacy burning 200k a month with no cash reserves. I doubt the licensor of the delivery system is jumping up and down and extending any exclusivities anytime soon.

4 to one sellers volume is always a good sign of things to come! Thanks for the Sunday Hilarity!

In case you haven’t been watching sellers significantly outnumber buyers!

Consequences of wokeness!

Ceo authorized company pay out to his brother on his failed venture then took a gigantic markdown!
He will now secure him a paid position in Gpft after of course nailing down his own employment contract! It’s bad enough these two now own hundreds of millions of shares operated 100 miles away while myopic investors don’t give 2 craps! Regurgitating fluff and puffery is the order of day! Meanwhile the SoCal dispensaries have no idea who grapefruit is! Yet the company is at a $50M dollars market cap!!!!water always finds it level!

parroting the company press releases have zero effect on who might buy this garbage ticker!
Gpft is a revived zombie life style stock that will enrich insiders at the expense of its common shareholders! That is the only guarantee!