Grapefruit USA Inc (GPFT): Did you ask Dean why he personally pa...

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stockmasterflash

Re: Homer Simpson post# 49386

Monday, 11/28/2011 1:22:08 PM

Monday, November 28, 2011 1:22:08 PM

Did you ask Dean why he

personally paid himself 1/4 of the last financing? I thought he was going to finance IMGG out of his own pocket, not siphon off funds from the sale of IMGG shares?

6/30 Dean was owed $559,946

http://www.sec.gov/Archives/edgar/data/1205181/000118518511001120/imaging3-10q063011.htm

9/30 Dean was owed $398,258

http://www.sec.gov/Archives/edgar/data/1205181/000118518511002058/imaging3-10q093011.htm

Looks like the financing deal was a WIN WIN for DEAN and the lenders

He draws a salary, consulting fee, and expenses and has a significant amount of money owed to him by IMGG. But yet the amount owed to him went down.

#1). You have money. Other people want it. All of it!

#2). You want easy money. So does everybody else. They'll get it, too....yours! (and all of it!)

#3). You tell yourself you're smart. You won't lose your money. Fact: Other people are smarter,