Grifco Inc (GFCI)

[Dr Bill]

how many shares does ctbg have OS now.

I'm wondering what dilution factor CTBG gets from the declaration of the additional shares, because I don't think that's priced in. So if they have 10 MM now, and they're going to 85 MM you divide the market cap by that many more shares and price drops accordingly, right?

I've never held a stock that dilutes by 8 times.

CTBG now .22, divide by 8 get roughly .04 per share. Twice that for Grifco 1.89 plus ongoing business of GFCI makes it appear fully valued here, unless the market was way underpricing CTBG. I doubt the dilution was already priced into the pps.

Thoughts?