Replies to post #13385 on Grapefruit USA Inc (GPFT)

[prussian4profit]

IMGGorBust,

I completely agree. This is a buy or hold at this time. This is not a day trade option. This is just my opinion, but I believe the FDA is trying to clear its plate of all current 510k's to focus on enforcing the PMA process. This was alluded to in the report that was posted here some time ago. Unless they revamp the 510k process, PMA will be the norm of Medical Device companies seeking approval.

-p4p