Replies to post #15234 on Grapefruit USA Inc (GPFT)

[IMGGorBust]

There were 107 million of those PPM shares. We have not seen enough volume since those became available for all of that to be cashed in yet. I still think that's what it is. Longs are still holding, and new folks are buying in, but the PPM is not yet exhausted. But it must be close.

[mx10001]

I do not think that all of the 2 1/2 cent shareholders (107,000,000) have sold all they want to. As I wrote last week, even 25% of those shares would mean 27 million shares sold. Who wouldn't take 1500% to 2000% profit on 25% of their holdings? Keeping 75% of your stock and forgoing selling even more in anticipation of a larger payout seems to me like a tremendous level of support.

[gdsgds]

I do not agree, it is not a confidence issue, this stock will skyrocket at any time within 48 hours leaving evryone behind. If traders want to sell now and wait for the news they will miss the boat.I have to admit that Dean 's stategy to make the offering on an amount of 1/3 of the outstanding shares (107 mil) of IMGG at .03 few months ago before the FDA approval was a bad business descision, they are the ones chocking the price of this stock.Confidence has nothing to do with it. Remenber the sock market is where patient traders make money from anxious traders, you all need to patient you will get rewared sooner or later.