Grifco Inc (GFCI)

[best2listen]

Hi Andy,

Sure the $2.25 offer mentioned by Lyamec is great news. It's even higher than the $59 million mentioned in Grifco's June 8th PR (assuming a ~40 million share count).

The Lyamec PR is about Lyamec's demands in the event of a merger/acqusition. Looks like (IMO) Lyamec and Grifco have made a deal on Lyamec's share of the spoils and Lyamec's continued control of Libya for the potential buyer to mull over.

Now Grifco can "move on the USD $2.25 per share offer" but the potential buyer must agree to Lyamec's demands if they want Libya.

best2