Grapefruit USA Inc (GPFT)

[IMGGorBust]

I am fully aware of what they have filed. I am fully aware that they had included in a filing a proxy vote for the authorization (NOT ISSUANCE) of shares up to 750 million. As of now, there isn't even a date set for a vote on that proxy. In that same notice that you linked, Dean explained the reason for the request for new authorized shares, and the reason was to use as a poison pill in the event of an attempted hostile takeover... i.e., he expressly stated that they do NOT intend to issue the shares. Rather, they just want to have them authorized in case they need to prevent a hostile takeover. That motivation is fully supported by the fact that he is already sitting on 125 million authorized shares that he has not issued in the past year. So if he wanted to issue more shares, he could, even without that proxy vote that isn't even currently scheduled. So for you and AT to talk about how they want to issue new shares, without confirmation from the Company, is a leap in logic that is totally not supported by the Company's filings, the CEO's public statements and the current state of affairs.