Grifco Inc (GFCI)

[cyofish]

Interesting post below from 2005 on the Yahoo VPHM board. Notice who the author at the bottom of the message (a very familiar ID). It almost reads like an informercial doesn't it? After reading something like this, do you really thinkg Dr. Bill was out of line with his accusations?


Re: who wrote GFCI.pk report? (Not rated) 1-Jul-05 01:50 am

I do apologize for using this VPHM forum as a means to answer a non-VPHM question, but I just couldn't resist being compelled to do so at this time. (BTW, I'm long on VPHM, IAC.)

Anyhow, ever since I first heard about GFCI (I forget who it was that mentioned it here), I've been reading every bit of related news I could find, all while taking time to talk to a close relative in the industry. I happen to have a cousin who works at Cudd Pressure Controls, a Grifco-listed client - he is an optimization engineer in their Coiled Tubing unit (that is, he works very diligently, trying to maximize the life span of the steel tubes used in the coiled tubing industry).

At any rate, my cousin has been doing some in-depth legwork for both of us, trying to feel out some of his industry contacts about the company. However, not many industry people in South Texas know all that much about it, except for this one bit of interesting information: Rumor has it that this company will soon open a field yard in the Corpus Christi area that will competitively serve the South Texas region. But however below the radar this company may be, for the moment, there are good reasons for its seemingly low profile.

First, it's rather new to the coiled tubing industry (having only just emerged on the scene this past April at the Woodlands trade show north of Houston with what the industry expects is the one thing that will shoot this company's value to the moon (the Jet Motor), once everyone hears about them). Second, things at this company are only just getting started, having just acquired the Global Oil Tools and Coiled Tubing Technology companies, combining best-in-class industrial tools and equipment, and taking full advantage of the emerging synergies between the two companies.

My cousin and I are fully convinced that we have discovered a jewel of a company that has been through some pretty rough times in the very recent past (having gone through a 1:20 reverse split only 7 months ago, in Nov'04), but times for this little jewel are about to change for the better.

Now, why is that? First, the muscle behind this "new" company physique has only just now come on board. Second, the entire industry is only beginning to discover the April debut of the one-of-a-kind "Jet Motor" (the golden egg, similar to VPHM's Vancocin). And having already manufactured 50 of these profitable little babies for shipment, which will rent for a whopping $2 million per month at 75% utilization (that's $2.7 million per month at 100% utilization!), the money bags will start to roll in by the droves.

And as if all of this positive news was not enough, Grifco is entering into new ventures in Coiled Tubing with Canada and the Northern U.S. regions, which is the indisputed hotbed of the Coiled Tubing industry (if there were ever any part of this market that views tools and equipment with a critical eye, it is this one). And to top that off even more, Grifco has also entered into recent talks with China and Venezuela (and next, the world). I will not be surprised when this stock shoots on up to the stratospheric heights.

BTW, this was my first post ever to any board.

aka Been_Burned_Before

http://messages.finance.yahoo.com/Business_%26_Finance/Investments/Sectors/Healthcare/Biotechnology_....