Grapefruit USA Inc (GPFT)

[acm]

I am also long (probably too long), and am very disturbed and skeptical because of these latest developments. I personally would like several questions answered.

1) Why bother raising $5,000,000 when you could potentially be worth $200,000,000 in a couple months?

2) Additionally, why bother paying back $100,000 loan with stock at such a discount? Who was the loan to? Why couldn't the payback be extended until the stock is at a much higher valuation?

3) When and how did Alliance Acquisitions acquire a stake in Imaging3? Were they a part of the 107,000,000 share offering last year?

4) If you truly believe Imaging3 will succeed soon, why not wait to leverage that success in your fund raising effort for the new (not really new) venture?

5) Why is the prospectus so focused on what they achieved with the stock price of their companies rather than what they achieved in terms of actual profitability?

I am hopeful there are good answers to these questions so that such valid concerns (and specifically my posting them although they have been posted by others) do not affect the stock price.

Can someone please get Mike Nessen or Dean to answer these questions soon? There is a lot about this that defies logic as well sound management/PR of a publicly traded company. The perception alone even if there is no wrongdoing is very bothersome.