Replies to post #12072 on Grapefruit USA Inc (GPFT)

[BigOwl47]

The IMGG Price Per Share has already been to $1.95 on nothing but expectations earlier.

I see no reason to think that it would not easily surpass $2.00 and go significantly past that price once it receives approval by the FDA. If you consider the potential for sales and earnings for several years after approval comes, I would think that the $2.00 figure is very low indeed. My expectations are somewhat higher than the $2.00 level. Remember that some folks actually bought in to the stock at $1.95 already.

When I asked Dean about manufacturing versus sales in the last CC he gave me an answer that lead me to believe he does intend to manufacture the Dominion. But he is willing to look at any option that is best for IMGG shareholders. I do not believe that the decision has been made yet concerning long term manufacturing versus eventual sale of the company. I think Dean is smart enough to know that he needs to ramp up manufacturing and sales immediately upon FDA approval to reward those who have already expressed the desire to purchase the Dominion. He would be foolish to do otherwise at the start.

He would do that to bring in revenue to IMGG and to force those wanting to purchase or joint venture with IMGG to realize that the price to play is not going to be so low.

[nybuild1]

A little above or below $2 is perfectly reasonable before approval but $20 after? That sounds great but lets be realistic.

[shosforkids]

Ok, $20.00 may be abit top side, but think of the huge cost savings and efficency of this product. HUGE! Good luck guys. I beleive we are almost there.