Replies to Post #51066 onGrapefruit USA Inc (GPFT)

Replies to #51066 on Grapefruit USA Inc (GPFT)

snapple

05/02/12 1:24 PM

#51067 RE: lobcrab #51066

lobcrab whats your take on that dean only has 25 million shares left?

Maddog720

05/02/12 1:43 PM

#51069 RE: lobcrab #51066

lobcrab -

That was my understanding as well and I haven't heard of any additional delays.

And I believe that we knew about the one group hitting the road and another group taking their places a long time ago. There has to be another reason as to why the PPS is dropping like a rock.

Like I said earlier - this might be a great re-entry point for me. Something just doesn't seem right. Perhaps Mr. Janes needed cash. Leaving 21 million or 25 million in the kitty is still a pretty nice nest egg if the FDA approval is granted. Think of what the PPS will run to and do the math. Obviously not as good as 68 million but nothing to sneeze at.

Not a Pumper

05/02/12 3:57 PM

#51082 RE: lobcrab #51066

Lob, 3-4 months is a very long time. Dean is trying to complete a production model, not just a concept, and I'm not convinced he can do it. Images aren't the problem. He already has them running and they look SE to the o-arm.

I'd suggest selling and waiting until August (at the earliest). NOTHING will get this stock moving upwards until then. Only downward from here.

snapple

05/02/12 5:51 PM

#51088 RE: lobcrab #51066

hi lobcrab what makes you think that re submission will be in august?have you had any contact with anyone at imgg?

snapple

05/07/12 4:29 PM

#51174 RE: lobcrab #51066

Is dean ever goin to re subbmit 510K,or hes just goin to keep delaying it...stock at .0136 and there goin to be no news for months.what a joke .. bottom line is he needs to tell us who the consultants hes working with are..if there even is any...He claims there are 6 consultants wtf are they doin hand the package in already ..dean needs to say who they are as soon as possible.thats our only hope.