Grifco Inc (GFCI)

[starfire]

How has the risk of the investment changed to being Higher/Worse??? In my opinion there are still no full disclosures and hence the Risk/Reward is still the same, albeit the credibility factor seems to be deteriorating! But by how much is the question?? There are some certainities that appear to be facts:

1. Lyamec wants a change in management at Grifco.

2. CTBG is being spun off to be stand alone company

3. Grifco international will be a standalone company too with a 55% stake in Global OilTools Libya.

4. The latest deal structure details have not been disclosed.

So, from the beginning the Risk/Reward has not been quantifiable and still isn't. All one can say or speculate is that Return on Risk may be high.