Grifco Inc (GFCI)

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Dr Bill, CTBG will have ~85 million shares outstanding

and, depending on the information in the CTBG filing, the company will be valued accordingly.

What's so hard about this? Grifco announced last year that they held 75 million CTBG in an account that is earmarked for distribution to shareholders. Now the approximate share numbers for both can be calculated.

"Grifco shareholders will receive 1.89 shares of CTT for every one share held in Grifco as of the record date, up to 75 million shares. Upon completion of the spin-off dividend, CTT will have approximately 85 million shares issued and outstanding."

75 million CTBG shares to be distributed ÷ 1.89 CTBG/GFCI = ~40 million shares GFCI outstanding.

Either the CTBG share price moves down, the GFCI share price moves up, or both together before the spinoff.

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