Grapefruit USA Inc (GPFT)

[docmts2]

In this case I hate being right. I told you of 1) the October decision date and 2) the FDA being involved in deliberately slowing the process of bringing this device to market.

The business of America is business, both ethical and unethical business. In our world bootleggers can receive presidential appointments and lifesaving technology can be delayed at the whim of corporate power. You gotta love it.

The great thing about this country, though, is that justice delayed is not just denied. And in that same sense, approval delayed is not approval denied. This device will get approved and it will come to market. The blow of its arrival upon the medical imaging industry must be softened so as not to critically injure the existing industry powerhouses, its as simple as that.

Looks like that large block of shares I sold in the low $0.40's not long ago is going to buy a lot more shares than I anticipated.

New approval date: Q3 to Q4 2011.