Grapefruit USA Inc (GPFT)

[alexdhcfx]

Check out his IMGG Info great stuff

Check out their website if you haven't already

http://www.imaging3.com/

The only one of its kind, a total game changer, there are others that are similar but only refresh at 5 minute interval (Toshibas machine for one). IMGG is 3-D and real time refreshes every 1/10 of a second. Also it produces 50% less radiation, so this should play well for the radiation scare play.

Patent held to 2024

http://www.patentstorm.us/patents/7317819/description.html


It doesn't need phase 3 power supplies so no expensive electrical modifications needed, it runs on 110 and is also portable. So it can be used in clinics and no special room or power needed and be moved to patients who can or shouldn’t be moved. That works with new medicine plans of more small clinics and the move away from large hospitals. And it cost half the price, should be a really great seller for the new medical era.

It is a displacement technology; it will take the place of decades old ct and x ray machine that are in need of repairs or replacement in which hospitals are now in fear of being sued over in class action lawsuits and it’s at half the cost!! of those outdated and dangerous machines.

Dean already has buy orders holding for approval, 50% deposits already in hand for when FDA approval comes. So capital is there to get started as soon as news is released. He did say they have too many orders to fill, but I guess that is a good thing to have people standing in line. Then when they are fully ramped up they will already have orders to fill and it also generates demand.

RSNA attendance was down, but IMGG attendance was up 60%, and they were positioned between Toshiba (which I believe dean worked for prior to his invention) and GE (who is getting sued for CT scanners). Form that IMGG know has 2 non-disclosures documents from both and given Deans prior relationship with Toshiba that could very well mean a buy out by either one of them in efforts to move away from dangerous CT scanner to the DVIS IMGG scanner. It is not if but when this get bought out.

The best is that this has already been tested for the last 2 years, and universality of Michigan has ordered them for testing for animals since FDA needs to approve it first for humans

It uses off the shelf technology, in which those parts are already FDA approved. So FDA approval is not in question, it is just a matter of when.

FDA came back about 30 days ago, and just wanted labeling information. This is the last step in approval. By FDA guidelines they need to reply in 30 days, and if that is to hold true for business days that is tomorrow or Monday.

Just do you DD on this, I have and have been waiting for the charts to show a buy. It is at a technical break out point, so it good for trades or longs. I'm long, but do as you like. I think this is a good as it gets as risk to reward or investment play. It’s a total game changer.

Patent held to 2024

http://www.patentstorm.us/patents/7317819/description.html