Grapefruit USA Inc (GPFT)

[TASHI]

Information on Rule 506 of Regulation D:

http://www.sec.gov/answers/rule506.htm

"Purchasers receive "restricted" securities, meaning that the securities cannot be sold for at least a year without registering them."

This portion of the rule is probably one year from the date of purchase.

It doesn't look likely the investors will be selling so soon...

Dean's quote:

"I'm not sure what our exact shares outstanding are but it is approx 370 million. These new shareholders are individuals who have invested in this company several times over the years. There shares are restricted for six months or a year depending upon who you ask. I prefer individual shareholders to institutions as individuals are more likely to hang on for higher gains as institutions are more profit motivated and see modest gains as an exceptable ROI."