Grifco Inc (GFCI)

[Dr Bill]

sam

the factors that are potentially involved here are many, obviously. There may be some differences of opinions between the two companies and their managements.

Also, if the stock spinout is with shares that are priced with 20 cent price range with (supposedly) huge potential the people holding them might be willing to wait 2 yrs, just like management teams that sit on options for years before exercising them. Just because Jerry Griffith is willing to sit on a few million shares for 24 more months doesn't mean that people in GFCI stock are willing to do the same.

Restricted shares might be fine if you're employed with the company and planning on staying for some time. Different story for investors IMO.

Also the shares of grifco might take a huge dive when the stock goes ex-div and you've got your restricted dividend and don't want GFCI any more.