Grapefruit USA Inc (GPFT)

[mr_sano]

Here my original post:

“Remember gpft reversed into a defunked medical imaging company who throughly fleeced its shareholders and lied and misrepresented facts for years!”

There is no disputing the above post. As far as the current management reset into another product line Imo no legit financially sound company would go public in this manner by reverse acquisition into a ticker with lots of SEC issues and a history of fleecing it’s shareholders. Now it appears it’s a similar story. Lawyer CEO and Brother COO collect salaries while CEO maintains his law practice and brother has other interests as well. The company HQ is in desert yet the CEO day to day is in his Law office in LA. Remote executives usually point to frequent encounters with unforeseen disasters! Launching a new product line that supposedly disruptive is a full time job. No slack to pay off his brother for some web portal he developed but fell flat then give him a management position or pump the investors with press that can be picked apart with very little effort. All early indicators point to the same type of management that existed before. Ceo ran it like it was his own personal business and did deals with the most toxic lenders and then couldn’t deliver a product anyone wanted.