Replies to post #36667 on Grapefruit USA Inc (GPFT)

[BuyOnDips]

To start with the document you present has information almost a year old. The outstanding shares are incorrect also? Honestly, I see many inaccuracies because the document is so out of date. Can you provide something more recent?



Share Structure
Market Value1 $59,361,233 a/o Jan 27, 2011
Shares Outstanding 380,520,723 a/o Oct 25, 2010
Float N/A
Authorized Shares N/A
Par Value N/A

Shareholders
Shareholders of Record 790 a/o Apr 06, 2010 Beneficial Shareholders N/A

Corporate Actions
Ex. Date Record Date Pay Date

[BigOwl47]

stockmasterflash, There is a significant difference in a STOCKHOLDER and a STOCKHOLDER OF RECORD.

The STOCKHOLDER is the individual investor such as you or I who decided to buy into a given stock. So Dean was saying that out of the approximately 14,000 STOCKHOLDERS approximately 50 to 100 showed up for the shareholder meeting.

http://en.wikipedia.org/wiki/Shareholder

http://www.investorwords.com/4735/stockholder.html

http://legal-dictionary.thefreedictionary.com/Stock+holder


A STOCKHOLDER OF RECORD is mostly Brokerage houses such as TD Ameritrade, Scott Trade, E-Trade and many others who hold shares of a given stock for us shareholders. So the 790 figure you are referencing is the cumulative number of brokerage firms and banks and other Stock Traders who hold the shares for a large number of different stockholders.

http://www.investorwords.com/4736/stockholder_of_record.html

http://www.investorglossary.com/stockholder-of-record.htm

http://en.wikipedia.org/wiki/Stockholder_of_Record