Grapefruit USA Inc (GPFT)

[Majobuki]

Look at the transaction code and associated note j(1)

( 1 )Mr. Sohn conveyed 3,300,000 shares to a lender in repayment of personal debt of $631,950.

No actual cash changed hands here. He simply convinced the lender that the shares would at some point be worth at least the .1915 they agreed on if not much more. The lender took the chance on this not being a scam. Unless this lender was fooled, I see it as a good thing.