Friday, September 20, 2019 8:27:17 AM
You conveniently ignore that.
Grapefruit stated in their S-1 that they "commenced operations in mid-2018 and has received more than $450,000.00 in revenue from operations since Grapefruit own and operate a manufacturing plant and distribution center within the Coachillin’ Industrial Cultivation and Ancillary Canna Business Park"
Where was/is this manufacturing plant and distribution center?
Here's the Coachillin youtube video from 6/8/2018:
Coachillin 6/18
Here again is the youtube video from just 5 months ago:
Coachillin 4/19
Guess what? It's not there!
Unless they were selling pot out of a rented U-haul truck to construction workers at the Coachillin construction site.
That my friends is a material misrepresentation in an SEC filing. Also known as fraud.
As far as Kris Contreras, Director of Sugar Stoned Edibles Division....
She's obviously just an Instagram th*t.
Put her in sales or marketing....don't try to pass her off as some legitimate member of any executive team.
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