Grifco Inc (GFCI)

[Dr Bill]

Pursuant to the Master Plan, the new merger subsidiary will engage in a share exchange with Universal Energy Resources, Inc. ("UERI"), a Nevada corporation, formed effective August 9, 2006. UERI has authorized share capital 350,000,000 shares of common Stock par value $.001 and 50,000,000 shares of preferred stock par value $.001. As of the of the merger, UERI issued and outstanding 10,000,000
shares of common stock par value $.001 and 1,000,000 shares of Super Voting preferred stock par value $.001 with 20:1 voting rights.

All of the common shares of stock and Super Voting preferred stock are beneficially held by Jim Dial, individually and as agent and attorney-in-fact
for Majority Shareholders of Grifco International, Inc., a Nevada corporation. The common and Super Voting shares were issued to the Majority Shareholders in consideration of the August 9, 2006 securities pledge of 56,500,000 shares of
common stock par value $.001 of Grifco International, Inc.





Jim Dial just gave himself grifco. He gave himself all the assets, and all the voting power. You people waited too long (I THINK) and now he's gone and taken it all away from you and BBB was either in on it, or not smart enough to realize what was going on. Meanwhile the "asshole" Dr Bill knew all along but you people had to play popularity contest..... way to go!

LOL