Replies to post #46432 on Grapefruit USA Inc (GPFT)

[mr_sano]

Dean has mixed his personal funds with IMGG since day 1. His non arms length lease of the building for a fortune when the company should be in a 3000 sq foot office with 2 people and a fax machine.
But this is a lifestyle choice instead of hunkering down preserving capitol...Dean has chosen to appear larger than life so as to attract more fresh investors. BY doing so he employs 12 or 13 people and burns a new Ferrari every 2 months. Separate the due to officer bull crap and segment out the SG&A expenses and you see what I'm talking about.