Grapefruit USA Inc (GPFT)

[TASHI]

It seems to me is that the company is making an attempt to clear their books on the old CEO three years of debt that spans six year period... there were payments to others in the recent 10-Q, but those payments appeared to be vague.

It's also seems to me that they have got around $1.6M on hand, more or less, depending on how much the company spent on the RSNA and/or any IMGG shares that may have been sold; of which we are not aware...

And this is just my opinion... if (and only if) the company needs additional cash for production of the Dominions, then the CEO may need to put some cash back into I3.

What I understand from the limited information available to us, the company needed to clear up that old debt in order to move forward into the new phase of production and licensing... buyout probably comes a bit later.

Whats your take on this?