Grifco Inc (GFCI)

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Stocksbonds,

The way to run a scam in this situation would be to control the price of CTBG while dumping millions of GFCI shares onto the market. The share dividend lures a stream of new speculators who buy GFCI. Only take about $ half million in the boodle to insure the 10 million or so CTBG float stays above 15¢/share and you could sell your excess CTBG on PR pops.

Meanwhile you would dump GFCI into every rise and confound speculators with many million+ share days. The confusion over the distribution date would keep some longs from selling.

Of course that's not happening here - Grifco stands by the 1.89 share dividend ratio.

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