Replies to post #43852 on Grapefruit USA Inc (GPFT)

[madtig6]

I think if you think about it, you will realize " this time is different"

Nobody in their right mind would continue believing " It's not a matter of if, but when "

was really a reasonable gamble to take. I don't think there will ever be a "when"

A lot of disclosure has been opened up and the investing public is very wary and weary of the

obfuscation that has taken place.

It looks to me that DJ's escape hatch will be bankruptcy...... Just MO

[stockmasterflash]

Bailed out by Dean?

You mean like last October when IMGG sold $1 mm worth of shares and spent it all in 3 months-- but still have the warrants outstanding that not only reprice with the next financing but can be exercised on a CASHLESS bases due to the default triggered by Dean's failure to register the shares. IMGG gets no more dollars from that lender, but that lender is OWED a boatload of shares

Can you tell me how $9,000 has lasted several months when $1 million was spent in 3 months???

Has the company ever had $5 million in CURRENT Liabilities on the books? Or is THIS the first time the company has been that deep in the red?

If Dean is "rescuing" the company, that is a material event that is required to be disclosed.

[kimble1]

sure they have diltuted and diluted....made crappy deals etc etc

but what has changed is there is nothing left for Dean to sell anyone....FDA threw them out....device does not work....who would lend them money??

IF

they find someone to lend them money terms will be horrendous