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Thursday, June 22, 2006 9:16:42 AM
I agree 100%
If they can sell this company to one person/company, for $55MM, then maybe they can stop pumping the crap out of it to sell it $400-600K at a time to unsuspecting pink sheet gamblers.
However, if they do, and they have shown the financials and or transfer agent statement to the buyer, without showing it to the previous owners (shareholders), then it probably fraud.
Then again if they don't, then there's no way any right minded person would pay 55 M$ for it in the first place.
How come no one answers the real question that should be asked...
why in the hell is grifco (supposedly) trying to distribute the shares without the aid of the transfer agent???
my opinion is that the TA, while NOT being able to talk about share counts without ol dialers permission, probably is legally bound to discuss with relevant parties the ongoing process and likelihood of the "spinout" and or dividend shares. And if they have to tell anyone who asks, about the dividend, "what dividend?" then the dialer just says, "we'll get it done by ourselves, the transfer agent is not involved." "oh yeah btw, it's just going to be a few more weeks while we're waiting for a piece of paper, the SEC attorneys, the last acquisition to go through, the trip to venezeula, jim to get back from libya, just a little while longer, did we tell you about the purchase order for 1.8 million we anticipate getting next month?"
this is so easy to see through, I cannot believe some people are still hanging on. ALl IMO and all probably wrong. Those dividend shares will be in your account first thing MOnday July 3rd. Or is it July 1st Saturday. Hmmmm well surely we'll see, because there's no way Jim Dial is lying about this whole financial process. It's just happenstance that it looks like a house of cards.....they're legit I tell ya!
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