Grapefruit USA Inc (GPFT)

[TASHI]

"Hypothetical question: If IMGG were instead GE or Toshiba, would Dominion be already approved?"

NC, it certainly is an interesting thought and this is all just my opinion...

My thoughts are that if Imaging3 were a big player in medical devices their R&D budget would probably resolve any technical issues with the Dominion towards full FDA approval. However, I just wonder if the FDA would actually have qualified personnel to handle the approval in a timely fashion; which means we (investors) would still be where we are today. I think those working on both sides of this problem are just finding their way through this maze called FDA Clearance.

If I haven't mentioned it before, I believe the FDA is a monopolistic behemoth that controls more areas of human health in this country than it can handle. The problems at the FDA appear to be rooted in incompetence and bureaucracy. It seems almost impossible to uncover any hidden agendas by those in charge, which leads many on-lookers to associate the FDA with corruption.

Any time the congressional heat is turn up on the FDA (or any other government entity), a few resignations are tendered by those in charge, but the FDA problems remain...

http://www.medicaldevicestoday.com/2009/08/cdrh-director-dan-schultz-resigns.html

Not to mention those same individuals that have stepped down under a cloud of suspicion later become lobbyists for Big Pharma and Medical Device companies. And the game continues.

Here's another read on the FDA... This is a long article that will take some time to read. Pay no attention to the date of November 12, 1997 because this article is as relevant today as it was a dozen years ago...

http://www.cato.org/pubs/pas/pa-288.html

(jmo)