IGNG - Imaging3, Inc.

Other OTC - Other OTC Delayed Price. Currency in USD
0.1079
+0.0078 (+7.85%)
As of 9:30AM EST. Market open.
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Previous Close0.1000
Open0.1079
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.1079 - 0.1079
52 Week Range0.0061 - 0.3590
Volume1,001
Avg. Volume319,422
Market Cap50.06M
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)-0.0630
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • GlobeNewswire

    Grapefruit Announces Memorandum of Understanding with Owner of Patented “Patchless Patch” for Timed Release Delivery of Grapefruit’s Cannabis Products

    Los Angeles/Desert Hot Springs, CA, Sept. 16, 2019 (GLOBE NEWSWIRE) -- Grapefruit Boulevard Investments, Inc. a Los Angeles based cannabis and CBD company and wholly owned subsidiary of Imaging3, Inc. (IGNG) (collectively “Grapefruit” or the “Company”) which has been licensed by the State of California to both manufacture and distribute cannabis products in California since January 2018 is announcing today that on August 22, 2019 it executed a formal Memorandum of Understanding (“MOU”) with a privately held manufacturer (the “Patent Holder”) of a novel patented and trademarked delivery system comprised of highly engineered microscopic particles that topically deliver a therapeutic payload to the user over an extended period of time. This system is the “patchless patch”.

  • GlobeNewswire

    Grapefruit Announces Appointment of Justin Costello as its Initial Corporate Advisor

    Los Angeles/Desert Hot Springs, CA, Sept. 11, 2019 (GLOBE NEWSWIRE) -- Grapefruit Boulevard Investments, Inc. a Los Angeles based cannabis and CBD company and wholly owned subsidiary of Imaging3, Inc. (IGNG). Pursuant to the terms of the Corporate Advisory Services Agreement between Grapefruit and Mr. Costello, his initial term will be for one year and shall automatically renew for successive six month periods subject to the mutual agreement of the parties.

  • GlobeNewswire

    Grapefruit Engages Singer Lewak as its Auditor

    Los Angeles/Desert Hot Springs, CA, Sept. 04, 2019 (GLOBE NEWSWIRE) -- Grapefruit Boulevard Investments (“Grapefruit”), a Los Angeles based cannabis company which has been licensed by the State of California to both manufacture and distribute cannabis products in California since January 2018 has engaged Singer Lewak, LLP of Los Angeles, CA to audit its financial statements as of and for the fiscal years ended April 30, 2018 and 2019 (the “Grapefruit 2018/2019 Audits”). Grapefruit is now a wholly-owned subsidiary of Imaging3, Inc. (IGNG), (“IGNG” or the “Company”) as a result of the completion of Grapefruit’s reverse acquisition of IGNG which was finally closed in mid-July 2019.

  • GlobeNewswire

    Imaging3, Inc./Grapefruit (OTCQB:IGNG) Announces Receipt of SEC Comment Letter on its Registration Statement on Form S-1 filed by Grapefruit on July 25, 2019.

    Los Angeles/Desert Hot Springs, CA, Aug. 22, 2019 (GLOBE NEWSWIRE) -- Imaging3, Inc./Grapefruit (IGNG), (“Grapefruit” or the “Company”) today announces that on Wednesday August 21, 2019 it received the initial comment letter from the SEC Division of Corporation Finance. The letter consisted of 15 comments, chief of which requires the Company to file audited predecessor financial statements for Grapefruit Boulevard Investments, Inc. as well as audited pro forma financial information giving effect to the reverse acquisition. The Company intends to respond to the SEC’s comments by the third week in September.

  • GlobeNewswire

    Imaging3, Inc./Grapefruit Announces Closing of the Second Auctus Tranche of $1,400,000 of New Working Capital for Grapefruit.

    Los Angeles/Desert Hot Springs, CA, Aug. 19, 2019 (GLOBE NEWSWIRE) -- Imaging3, Inc./Grapefruit (IGNG), (“Grapefruit” or the “Company”) today announces that on Friday August 16 it received $1,400,000 of working capital from the closing of the second tranche of its previously announced Stock Purchase Agreement (“SPA”) with Auctus Fund, LLC. The payment of the second tranche was triggered by the Company’s timely filing of its registration statement on Form S-1 with the SEC on July 25, 2019. The next tranche of $1,000,000.00 will be payable upon the effectiveness of that registration statement expected by Grapefruit to be received in October of 2019. Bradley J. Yourist, IGNG/Grapefruit CEO stated, “Once again Grapefruit executed its plan in a timely fashion, filing the registration statement and receiving the new capital infusion just subsequent to finalizing the IGNG/Grapefruit reorganization as envisioned.

  • GlobeNewswire

    Grapefruit Discusses Milestones and Branding in Exclusive NetworkNewsWire Audio Interview

    NEW YORK, Aug. 15, 2019 (GLOBE NEWSWIRE) -- via NetworkNewsAudio - Grapefruit Boulevard Investments Inc., a wholly owned subsidiary of Imaging3 (IGNG), today announces the availability of its exclusive audio interview with NetworkNewsAudio (NNA), a NetworkNewsWire (NNW) solution that delivers clients unparalleled visibility, recognition and brand awareness in the investment community. Grapefruit CEO Bradley Yourist joins NNW’s Stuart Smith in an interview that highlights the Company’s 2019 milestones and key differentiators that mark its unique position in the cannabis marketplace. “Grapefruit is a fully licensed and compliant manufacturer and distributor of all things cannabis,” Yourist says.

  • GlobeNewswire

    Imaging3, Inc/Grapefruit Comments on June 30, 2019 Results Released on August 14; OTCQB Application Refresh

    Los Angeles/Desert Hot Springs, CA, Aug. 15, 2019 (GLOBE NEWSWIRE) -- Imaging3, Inc./Grapefruit (IGNG), (“Grapefruit” or the “Company”) filed its quarterly report on Form 10-Q with the SEC yesterday. Due to delays in the final closing of the reverse acquisition of IGNG by Grapefruit which, as a result of such delays, did not occur until after the end of the second quarter, IGNG’s report did not reflect any of the financial results of Grapefruit’s operations. Grapefruit’s results of operation will begin to be reflected in the Pro Forma Consolidated Financial Statements which will be included in both its “Super 8-K” filing and the first Amendment to its registration statement on Form S-1 which was filed on July 24, 2019, both of which are expected to be filed with the SEC around September 15, 2019.

  • GlobeNewswire

    Imaging3, Inc./Grapefruit Launches A New Line of Flavored CBD & THC Oil Infused Vaporization CCell Cartridges Branded under the trade name “Rainbow Dreams”.

    Los Angeles/Desert Hot Springs, CA, Aug. 05, 2019 -- Imaging3, Inc./Grapefruit (OTCQB:IGNG), (“Grapefruit” or the “Company”) announces that the week of August 5, 2019,.

  • GlobeNewswire

    Imaging3, Inc./Grapefruit Announces Filing of Registration Statement

    Los Angeles/Desert Hot Springs, CA, July 29, 2019 (GLOBE NEWSWIRE) -- Imaging3, Inc./Grapefruit (IGNG), (“Grapefruit” or the “Company”) announces that on Friday July 26, 2019 the Company filed a registration statement on Form S-1 with the SEC to register shares of the Company’s common stock underlying the $600,000.00 convertible note recently issued by the Company to an institutional investor (the “Investor”), as well as other securities to be issued to the Investor. Pursuant to the terms of the recently announced Securities Purchase Agreement between the Investor and the Company, the Investor is obligated to fund the second tranche of $1,400,000.00 (the “Second Tranche”) now that the registration statement has been filed with the SEC.

  • GlobeNewswire

    Coverage Initiated for Grapefruit Boulevard Investments via NetworkNewsWire

    NEW YORK, July 23, 2019 (GLOBE NEWSWIRE) -- via NetworkWire – Grapefruit Boulevard Investments (IGNG), a manufacturer and distributor of branded and generic cannabis products which has been granted both a manufacturing and distribution by the State of California, today announces that it has selected NetworkNewsWire (“NNW”) to act as the Company’s corporate communication firm. Grapefruit is well-focused on sourcing only the “best of the best” raw cannabis materials to create the highest quality, most-trusted and consistent recreational and medical cannabis products for its customers. The Company is committed to ensuring class-leading quality by rigorously testing the purity and potency of its raw materials throughout the manufacturing process and distribution chain.

  • GlobeNewswire

    Grapefruit Announces Entry into Letter of Intent with Dogwood Management, Inc. Group to Target, Acquire and Manage California Licensed Retail Cannabis Dispensaries

    Imaging3, Inc. (IGNG), (“IGNG” or “Imaging3”) today announced that its wholly owned subsidiary, Grapefruit Boulevard Investments, Inc. (“Grapefruit” or the “Company”) has entered into a letter of intent (‘LOI”) with Dogwood Management Group, Inc. (“Dogwood”) (collectively the “Parties”). The non-binding letter of intent dated as of June 12, 2019 outlines the Parties’ plan for Grapefruit to acquire, and for Dogwood to manage, California licensed and fully compliant retail cannabis dispensaries throughout California which meet the Parties regulatory, operational and financial results requirements.

  • GlobeNewswire

    Imaging3, Inc./Grapefruit Boulevard Investments, Inc. Finalize Settlement of Outstanding Invoice from Greenberg Glusker

    Burbank, CA, July 08, 2019 (GLOBE NEWSWIRE) -- (IGNG) Imaging3, Inc./Grapefruit Boulevard Investments, Inc. (“Grapefruit”) a Los Angeles based cannabis company today announces that it has reached and executed a Settlement Agreement (the “Agreement”) with its former bankruptcy counsel and largest trade creditor Greenberg Glusker Fields Claman & Machtinger LLP (“GG”). The Agreement calls for IGNG/Grapefruit to liquidate the outstanding GG balance of $1,245,380.00 (the “Balance”) by the payment of $204,000 to GG in three payments of $68,000.00 to be made by no later than November 30, 2019 and the immediate issuance of 6,351,126 IGNG common shares (the “Settlement Shares”) at an agreed value of $.164 per share to GG. The Settlement Shares will be the subject of a Section 3(a)(10) of the Securities Act of 1933 action (the “3(a)(10) Action”) to be expeditiously filed by GG, by which the Court hearing the 3(a)(10) action will be asked to approve the Agreement and after such approval the Settlement Shares shall be immediate eligible for resale in the public markets.

  • GlobeNewswire

    Imaging3, Inc./Grapefruit Boulevard Investments, Inc. Announces Hiring of Outside Securities Counsel

    Imaging3, Inc. (IGNG), (“IGNG” or “Imaging3”) announces that it has recently retained outside counsel to help prepare a registration statement to register shares of IGNG’s common stock underlying the convertible note recently issued by IGNG to an institutional investor (the “Investor”). The Investor is obligated to fund the second tranche of $1,400,000.00 on the day the registration statement is filed with the SEC. Bradley J. Yourist further commented, “We intend to file our registration statement as soon as practicable in order to expedite our receipt of additional funding from our investor and accelerate our growth to the best of our ability.

  • GlobeNewswire

    Grapefruit Announces Launch of Its Sugar Stoned® Cannabis Infused Gummies Line into California –Progress with S-1 Counsel

    Imaging3, Inc. (IGNG), (“IGNG” or “Imaging3”) today announced that on June 21, 2019, Grapefruit Boulevard Investments, Inc. (“Grapefruit” or the “Company”) will commence retail sales of its first brand of cannabis infused edible gummies in California under the trade name, Sugar Stoned®. Imaging3’s new CEO, Bradley J. Yourist, stated: “We are proud to announce that Grapefruit is initiating retail sales of its cannabis infused gummy edibles throughout California under the Sugar Stoned trade name on or about June 21, 2019.

  • ACCESSWIRE

    MoneyTV with Donald Baillargeon, 6/7

    HOLLYWOOD, CA / ACCESSWIRE / June 7, 2019 / Solar power, spirits industry, cannabis' opportunities, plug and play water solutions, hazardous waste recycling; this week on MoneyTV with Donald Baillargeon. ...

  • GlobeNewswire

     Grapefruit Boulevard Investments, Inc. Shareholders Close Their Reverse Acquistion of Imaging 3, Inc (“IGNG”) and $10,000,000 Debt and Equity Financing by Auctus Fund, LLC.  

    Burbank, CA, June 03, 2019 (GLOBE NEWSWIRE) --   (IGNG) Grapefruit Boulevard Investments, Inc. (‘GBI” or “Grapefruit”) a formerly privately held Los Angeles based cannabis company today announces that by virtue of the approval of the IGNG board of directors on Friday May 31, 2019, it has successfully completed its reverse acquisition (the “Acquisition”) of Imaging3, Inc. (“IGNG”) and simultaneously closed on its $10,000,000.00 debt and equity investment from Boston, MA based Auctus Fund, LLC (“Auctus”) (the “Investment”). Plans for the Acquisition were first announced in a press release made with the joint approval of IGNG and Grapefruit on March 13, 2019.

  • GlobeNewswire

    Grapefruit Boulevard Investments Enters into Strategic Distribution Relationship

    Imaging3, Inc. (IGNG), (“IGNG”) or (the “Company”), a development stage company focused on the introduction of disruptive technologies in the medical imaging industry, is further updating its prior announcements regarding its reverse acquisition (the “Acquisition”) by Grapefruit Boulevard Investments, Inc. (‘GBI” or “Grapefruit”) a privately held Los Angeles based cannabis company and simultaneous vending of its imaging business into a privately held corporation which will be partially owned by post - Acquisition IGNG.

  • GlobeNewswire

    Grapefruit Boulevard Investments Receives Its Provisional Distribution License from the State of California Department of Public Health

    Imaging3, Inc. (IGNG), (“IGNG” or the “Company”), a development stage company focused on the introduction of disruptive technologies in the medical imaging industry, is further updating its prior announcements regarding its reverse acquisition (the “Acquisition”) by Grapefruit Boulevard Investments, Inc. (“Grapefruit” or “GBI”) a privately held Los Angeles based cannabis company and simultaneous vending of its imaging business into a privately held corporation which will be partially owned by post - Acquisition IGNG . On May 14, 2019, the California Bureau of Cannabis Control approved Grapefruit for its provisional Adult-Use and Medicinal Cannabis Distribution Licensure after meeting the compliance requirements as mandated by the State of California.

  • GlobeNewswire

    Imaging3 Secures Financing for Reverse Acquisition by Grapefruit Boulevard Investments

    Imaging3, Inc. (IGNG), (“IGNG”) or (the “Company”), a development stage company focused on the introduction of disruptive technologies in the medical imaging industry, is further updating its prior announcements regarding its reverse acquisition (the “Acquisition”) by Grapefruit Boulevard Investments, Inc. (‘GBI”) a privately held Los Angeles based cannabis company and simultaneous vending of its imaging business into a privately held corporation which will be partially owned by post - Acquisition IGNG . After carefully considering various proposals, on Sunday May 12, 2019, Imaging3 signed a term sheet issued to it by a private asset management firm (the “Investor”). The term sheet, which is subject to execution of a definitive Securities Purchase Agreement and associated agreements (the “SPA”) which IGNG expects to be finalized this week, calls for the Investor to purchase $4,000,000.00 of convertible notes (the “Notes”) in four Tranches commencing upon execution of the SPA and simultaneous closing of the Acquisition (the “Closing”).

  • GlobeNewswire

    Grapefruit Boulevard Investments Receives an Annual License from the State of California Department of Public Health

    Imaging3, Inc. (IGNG), (“IGNG”) or (the “Company”), a development stage company focused on the introduction of disruptive technologies in the medical imaging industry, is further updating its prior announcements regarding its reverse acquisition (the “Acquisition”) by Grapefruit Boulevard Investments, Inc. (‘GBI”) a privately held Los Angeles based cannabis company and simultaneous vending of its imaging business into a privately held corporation which will be partially owned by post - Acquisition IGNG . On April 30, 2019, the California Department of Public Health, Manufactured Cannabis Safety Branch approved Grapefruit Boulevard Investments, Inc. for its annual Cannabis Manufacturing Licensure after meeting all of the compliance requirements mandated by the State of California.

  • GlobeNewswire

    Imaging3, Inc. and Grapefruit Boulevard Investments, Inc. Enter into Definitive Agreement for Reverse Acquisition of Imaging3, Inc. by Grapefruit Boulevard Investments, Inc.

    Imaging3, Inc. (IGNG), (“IGNG”) or the “Company”), a development stage company focused on the introduction of disruptive technologies in the medical imaging industry, is further updating its prior announcement regarding the execution of a non-binding letter of intent (“LOI”) to be acquired in a reverse acquisition (the “Acquisition”) by Grapefruit Boulevard Investments, Inc. (‘GBI”) a privately held Los Angeles based cannabis company and simultaneously vend its imaging business into a privately held corporation which will be partially owned by post - Acquisition IGNG . On Sunday, April 28, Imaging3 and GBI executed a definitive Share Exchange Agreement and Plan of Reorganization (the “Agreement”), at the closing of which GBI will become a wholly-owned subsidiary of IGNG and GBI’s shareholders and other persons will own approximately 81% of the post-Acquisition common shares of IGNG.

  • GlobeNewswire

    Imaging3, Inc. Update - Imaging3 Reaches a Settlement with Alpha Capital Anstalt and Brio Capital Master Fund

    Imaging3, Inc. (IGNG), (“Imaging3” or the “Company”), a development stage company focused on the introduction of disruptive technologies in the medical imaging industry, is updating its prior announcement regarding the execution of a non-binding letter of intent (“LOI”) to be acquired in a reverse acquisition (the “Acquisition”) by Grapefruit Boulevard Investments, Inc. (“GBI”), a privately held Los Angeles based cannabis company. The Court awarded Alpha $804,770.08 and Brio $669,805.43, respectively.

  • GlobeNewswire

    Imaging3 Update on IGNG’s 10-K Filing and Progress on the Reverse Acquisition by Grapefruit Boulevard Investments, Inc.

    Burbank, CA, April 15, 2019 -- Imaging3, Inc. (OTCQB:IGNG), (“Imaging3” or the “Company”), a development stage company focused on the  introduction of disruptive technologies.

  • GlobeNewswire

    Imaging3, Inc. Update - Grapefruit Boulevard Investments, Inc. Confirms its Intention to Complete its Previously Announced Reverse acquisition of Imaging3, Inc.

    Imaging3, Inc. (IGNG), (“Imaging3” or the “Company”), a development stage company focused on the introduction of disruptive technologies in the medical imaging industry, is updating its prior announcement regarding the execution of a non-binding letter of intent (“LOI”) to be acquired in a reverse acquisition (the “Acquisition”) by a privately held Los Angeles based cannabis company. As originally announced by the Company on March 13, 2019 in both a current report on Form 8-K and a press release the Company entered into a non-binding letter of intent to be acquired by a California based, California licensed cannabis company subsequently identified as Grapefruit Boulevard Investments, Inc. (“GBI”) in a reverse acquisition (the “Acquisition”) which would result in post transaction IGNG being owned approximately 80% by the current shareholders of GBI and 20% by the currently existing IGNG shareholders as of the date of the Acquisition.

  • GlobeNewswire

    Imaging3 Update on Grapefruit Boulevard Investments, Inc. Proposed reverse acquisition of Imaging3, Inc.

    Burbank, CA, April 04, 2019 (GLOBE NEWSWIRE) --  Imaging3, Inc. (IGNG), (“Imaging3” or the “Company”), a development stage company focused on the introduction of disruptive technologies in the medical imaging industry, is updating its prior announcement regarding the execution of a non-binding letter of intent (“LOI”) to be acquired in a reverse acquisition (the “Acquisition”) by a privately held Los Angeles based cannabis company. On Thursday, March 28, 2019, GBI commenced operation of its ethanol-based extraction laboratory at GBI’s facilities and commenced processing and manufacturing of cannabis distillate or ‘honey oil.’ This cannabis distillate or ‘honey oil’ is used in a wide variety of cannabis and hemp products, including, but not limited to, e-cigarettes or ‘vapor’ cartridges, cannabis pre-rolls and cannabis infused edibles.