Grifco Inc (GFCI)

[Rolandx21]

Dr. Bill,

>>>>>The stock did NOT go ex-dividend on May2 because the open price was exactly equal to the price on the close the day before. No one can possibly make any argument to the contrary.

I will not debate the EX-Dividend date with you because I for one am not sure. However because we do not have a financial for either company I believe I can address the drop in share price.

I really believe that both companies will stand on their own. CTBG will apparently be providing the financials first and it's pps will be predicated on those. IMO, GFCI will not have an impact there. They (CTBG's) should have no impact on GFCI's pps as their (GFCI) financials will dictate the PPS and that won't be known (as far as we know) until after CTBG's.

Why do you believe there will be a drop, significant or not, because of the dividend? It isn't like a true spinout that has years of history behind both companies to determine what GFCI is giving up revenue and profit wise.

IMO, the pps will be determined for both companies by financials and growth potential and shouldn't see a drop on any signigant proportion on GFCI.

Roland