Replies to post #52741 on Grapefruit USA Inc (GPFT)

[Profit investor]

Judgement and consent SEC files are at imaging3 website under their news tab. Other information you may have to contact. I am an investor not part of their company. Press releases are due to come out this week regarding current activities. To answer your questions I will attach those as they come out. Thank you.

[stockmasterflash]

IMGG bankruptcy plan

Largest shareholders are 2 toxic lenders. CEO Dane medley gets a boatload of shares. Former CEO DEan Janes, who, along with IMGG was charged by the SEC, gets shares from IMGG for Salary and accrued expenses, he also gets IMGG shares from the lenders according to the plan.

Why are the lenders paying him in IMGG shares?

http://www.sec.gov/Archives/edgar/data/1205181/000106594913000099/0001065949-13-000099-index.htm