Replies to post #44139 on Grapefruit USA Inc (GPFT)

[kimble1]

homer

back when i held a substantial amount of shares there where approx 100-200 shareholders...avg share holder held million shares PLUS

Dean/BA went on a money TV barrage and attracted lots of small shareholders...large shareholders gladly sold to small shareholders

i believe the new count was approx 14K share holders....divide that by 400 million outstanding shares and you get avg person holds only 28,571 shares or $2285 worth of stock

these figures dont take into acct the number of shares Management holds (DEAN AND SOHN)....but i think you get the idea....

the burden has been spread to so many people that sure most are holding due to the fact that they DONT have alot of money invested in company (relatively speaking)

[Lambster]

Well I didnt take Madtig's advice and cash out at a big loss, but potentially better than losing it all. Sure I am hoping for something to happen, and a break even at this point would be a huge victory as far as I'm concerned. I decided awhile back, similar to SANO, to ride it to the end, and hope Dean can pull a miracle out of his bag of tricks. It's not going to happen IMO, but I'm still in the game.