Grapefruit USA Inc (GPFT)

[mr_sano]

“
If businesses were all classified as scams because of ugly things in their past, the DOW would collapse tomorrow, the lights would go off and we’d be back to being farmers in no time flat.”

Ummm...In the exchanges outside of the OTC you have minimum financial metrics that need to be maintained. Scams usually don’t make it that far in the Nasdaq or other major exchanges as they can never produce the sales and market cap to get up listed. Not so true for the OTC especially the lower tiers. The reality is whether Imaging 3 is called a scam or continuously money loosing venture...it really matters little. The OTC is filled with con artists waiting to separate investors from their money. The failure rate for these companies is high double digits.

DvIS was more like a college experiment pawned off as a ready viable product...which is not necessarily a scam but pretty close.. especially if you examine what the FDA concluded as to imagery. Besides, Medtronic owned that market with the “breakaway” c-arm and could throw millions in R&D at that market. Management used money intended for R&D for personal enrichment and to spend lavishly on trade shows when there were no position to sell anything except paper.