Replies to post #33513 on Grapefruit USA Inc (GPFT)

[hubris heyday]

You are correct. Never show your hand.

[ounceoflogic]

This may be the "smart" move but it seems to me that when a public company files a patent, builds a product and submits that product for FDA approval, that's kindof like saying "my product works".
So why all the mystery?

[BuyMyAsk]

Dean's objective is to issue PPM's and loan the company money from his personal source of funds. The family members and friends get huge discounts and he gets to attend red carpet events like a celeb.

The 510(K) better not be a run around like it was the last 4 years - that is all i have to say.

[borntwice]

Even after approval, if that happens, the stock will flounder around until manufacturing happens. Just a fact.

Look at every device, including BSDM recently and yuo will see that the true value is tied up in sales of the devices.

Dean is not set up to do manufacturing at the moment, and the numbers he could manufactur immediately would do nothing for teh stock price.

If it worked and all the big boys knew it, they would have already bought it. People will say "Yes, but what about the money it takes to get FDA approval." The big boys have departments for this. In the long run, it costs them pennies to nothing to get it through the FDA. They have in house lawyers and use consutling lawyers. GE is a monster. What it would take to get it through menas nothing to them.