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Re: None

Tuesday, 07/25/2006 3:26:07 PM

Tuesday, July 25, 2006 3:26:07 PM

Post# of 14027
Share Count = 65 million or greater. According to this pr, ""We have already obtained majority shareholder approval to go forward with our strategic plan. We will provide our shareholders with an Annual Report and Interim Reports detailing the roll-up plan," said Mr. Dial."

The release claims tht grifco and Lyamec hold a majority of the o/s shares of grifco. According to BBB, I-hub and RB posters claim to hold about 32,000,000 shares. Therefore if nobody else owns a single share, and since gfci+lyamec hold a majority, there must be a minimum of 65,000,000 shares outstanding.

Anything wrong with that logic?