Replies to post #47057 on Grapefruit USA Inc (GPFT)

[adrian taylor]

Janes has done this all before.

Go back to 2009 when Janes offered the last .025 PPM. "Hello everybody......I feel really good about this package.....umh......umh....I know it has taken a long time but.......umh......umh......I wanted to make sure to dot all the I's and cross all the T's.......umh.....umh..... FDA approval is imminent this time.....umh......just a minor labelling issue to address.....umh......umh..........no technical issues.....umh........umh.....umh....umh......I think .025 is a good buy........... umh....unh......umh.......umh........umh.......umh......UMH.

[stockmasterflash]

Dean's going to dip into his personal funds?

Why? If he can sell stock at .025 - .05 why would he "dip into personal funds"?

Remember he increased Authorized shares last year for a reason.

If he was so concerned about shareholders, why is he still accruing his $12,000 monthly salary, paying rent and consulting fees to himself, and driving around in a $100,000 company vehicle?

Remember, this spring he was selling stock at 5 cents while the stock price was nearly double that price.

Those shares become freely tradeable in November.


Financing costs money. It doesn't cost management--it cost shareholders. Management's tool to finance the company is to sell portions of YOUR stake in the company to raise funds for THEIR paychecks.