Replies to post #25160 on Grapefruit USA Inc (GPFT)

[pendragon8062]

And when Google came out, people were going "Oh, a search engine...how quaint. It's good and all, but it's not Yahoo or AltaVista or Metacrawler."

History is full of examples where incumbent players didn't demonstrate interest in up and comer's with disruptive innovation until something pivotal happened and then they either bought out the company, licensed the technology, or let it go and the up and comer matured like Google.

[IMGGorBust]

Sano, you act like it's up to these other companies to decide whether they will buy Imaging3 before or after FDA approval. It's not up to them, it's up to the Directors of Imaging3 if they are "for sale." If the Board doesn't approve a sale they won't even bring it up for a shareholder vote. There is no chance in the world that Dean is going to agree to sell Imaging3 undervalue before FDA approval, so it doesn't matter what GE and others want to do.

Just because you know my house will be cheaper before I finish renovating my kitchen, doesn't mean you can swoop in and buy my house before. I still get to decide when I'm going to sell my house. And I know that if I renovate my kitchen, I can attract even more buyers and start a bidding war on my house... so I won't even consider selling it until that time.

Same philosophy here. It's not up to GE when Dean sells Imaging3. It's up to Dean. And then after Dean agrees it's time to sell, then he will take the deal to the shareholders. And that will not be until AFTER FDA approval. But of course, that's only a few days away, so luck for GE they won't have to wait much longer.