Grifco Inc (GFCI)

[cyofish]

Why would it take moving to OTCBB to provide transparency when Grifco could have made disclosures voluntairly. What prevented Grifco from releasing the financials, stating official share count, and making material disclosure? Does their pk status prevent them from it? This is the weakest part of this whole argument. This whole OTCBB scenario sounds like another stall tactic to me.

All we had in the past year are bunch of cryptic disconnected PRs with no follow through. We were promised a CTBG dividend since last year with a company imposed deadline by 7/1/06, yet no follow thorugh and no explaination. Then magically Grifco shifts towards a different PR direction to shift the focus. Now we are told about a buyout offer yet no follow through there and no further comment. When others point out these discrepencies you guys label them a short and a basher.

My take on the OTC.BB merger is that we're up for another disappointment. If it ever happens it won't be as rosy as the way its spun by BBB and other apologists. We will either merge into another empty shell, or merge with an existing company on a 1:10 stock swap. Again, if it happens at all. JMHO.