Replies to post #52972 on Grapefruit USA Inc (GPFT)

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Twice in the past year

creditors have filed to liquidate IGNG

For IGNG to "make it" it needs

1) to pay the $2 million in arrears to the bankruptcy estate

2) to pay the 2015-2016 noteholders that it is already in default to

5( then raise a few million dollars to conduct clinical trials and submit a PMA to the FDA

did you see the current 10Q released on friday? It seems they have given up on the C-arm repar business and the 3 d printer sale business. $5,000 quarterly revenue doesn't pay a secretarial salary, let alone all of the above