Grapefruit USA Inc (GPFT)

[BuyMyAsk]

Denunzio - no matter how you put it, it is unprofessional and nearly illegal for Dean to talk about IMGG on his Facebook page.

Yes, I am friends with him on Facebook - however, he is giving information to a select group of people that is not made public.

Why in the world should he be allowed to post on his Facebook page that he had a conversation with the FDA reviewer? Only a select amount of people have access to this information and this is against the SEC act of 19XX.

I agree FB is a means of social interacting - HOWEVER, the SEC of 19XX states that information must be presented on a PUBLIC PLATFORM available to all individuals/investors at the same time. Facebook is not a PUBLIC PLATFORM nor will it EVER be.

It is absurd for Dean, the CEO of a publicly traded company, to give FB updates on his page when he clearly knows investors are BEGGING for any piece of information they can get their hands on at this point. There is no argument to be made here.