Grifco Inc (GFCI)

[cyofish]

mypointz to answer your other queston;

1. Didn't you read into the PR that the whole merger is hinged on the fact that Grifco acquire Oil and Gas leases. IMO this is a necessary part of the deal. Have you wondered why this is so important? If the merger was a slam-dunk the two companies could merge as is and worry about expanding into a new venture later...don't you agree?

2. As Lyamec stated in their last PR, Grifco had an agreement with the Joint Venture partners that Grifco is to eventually move to a higher exchange such as AMEX or NASDAQ. So Lyamec will agree to allow whatever Grifco needs to do to get there. It sounds like if Grifco can't get it done their status in the Libiya deal will be in jepoardy.

3. Anyone can say they're going on AMEX. In fact a lot of pinksheet stocks do (look at SLJB). That doesn't mean they will does it? Grifco's been saying they're going for an AMEX listing back when they first got lilsted on the pinksheets.