Grifco Inc (GFCI)

[cyofish]

I just came to a realization that CTT doesn't need to transfer assets prior to TTII.ob merger (assuming it occurs). They are already trading under CTBG.pk. Grifco doesn't own CTT assets, they own number of CTBG shares. About 75% of the shares is owned by Grifco making them the parent company holding a significant interest in CTT stock. CTT's asset and liability may show up on Grifco's Consolidated Financial Statement but in actuality that is for reporting purposes and does not indicate their ownership of those assets/liabilities.

The net assets are owned by CTBG. So if there is a merger and all Grifco assets are subsequently transferred to TTII.ob, they will owly own the shares in CTBG but not the assets.