Grapefruit USA Inc (GPFT)

[ElHefe]

Impaidbyu, I thought I remember you saying back when it was hitting .60 that you thought it would hit $1 pre-approval but also retest the .30s...right on both counts...do I have you confused with someone else?

Anyway, I'm continually fascinated by these discussions of $4+ per share. That's the thing I just don't have a handle on, what the value of this company would truly be in 1-2 years. Forget about $10, even $4 seems farfetched to me...a $1.5 billion market cap? For a nascent company just ending its development stage? I just can't see it. But then I didn't think it would hit $1 pre-approval either, so don't think I'm not plagued by self-doubt here. Add to that Dean's comment two CCs ago that he felt that the company was worth "several" dollars per share even if it were fully diluted (this implies a market cap of a couple of billion or more). Truly had to fathom.

I have the same fundamental questions you have...back when it was .05 I told myself that if it hit $1 I'd cash out most of my position and hold about 20% for the long term, and have I done that? No. Why? 'Cause I'm greedy and/or I don't want to make the mistake of bowing out before it really takes off with approval/sales/buyout, etc.

And I agree with your response to Ryoko's comment regarding buyout as speculation. Buyout offers are almost always bandied about on these small company message boards but IMGG is different. Based on what I've learned about the company over the past two years I see buyout as the likely end to this story.