Grapefruit USA Inc (GPFT)

[Inorout]

I was examining GPFT’s Quarterly Report filed yesterday and gosh, while the company had really good revenue growth, GPFT’s Net Losses are off the charts year over year.

Case in point.....

For the first 9 months of 2019 GPFT posted a Net Loss of ($ 3,575,502)

For the first 9 months of 2020 GPFT posted a Net Loss of ($10,070,236)

Year over year, Net Losses have nearly tripled, despite the rev growth.

https://www.otcmarkets.com/filing/html?id=14503099&guid=YHyeUHgk-9yC8th