Grapefruit USA Inc (GPFT)

[noyeyiditi]

Grapefruit Blvd, as part of the RTO, would acquire 80% of the outstanding shares, and I believe that it's already happened. Almost 48m shares were traded from 03/18 to 03/29, with a large portion coming from buy orders on the 21st and the 22nd.

The 21st was a very interesting day, if you can remember. Trading began pre-market, and most of the day's trades were consolidated in the .19 to .21 price range. This was a secret broker coordinated buy-back, locking up 80% of outstanding shares without notice.

It's already done. There's only ~10m shares currently floating.