Grifco Inc (GFCI)

[Dr Bill]

today's PR


hmmm, sounds eerily familiar, let's see now, do they just change the names on these things?

HOUSTON, TX--(MARKET WIRE)--May 5, 2006 -- Coil Tubing Technology, Inc. ("CTT") (Other OTC:CTBG.PK - News) today addressed the status of gaining reporting compliance with the Securities and Exchange Commission via a Form 10-SB as proposed in its press release on March 30, 2006. A wholly-owned subsidiary of Grifco International, Inc. (Other OTC:GFCI.PK - News), CTT's separate existence as a publicly-traded company began on December 22, 2005 when it consummated a share exchange with IPMC Holdings Corp., formerly an SEC reporting company ("IPMC").

....

Over the next several weeks, CTT anticipates filing reports for the predecessor entity IPMC to regain reporting compliance with the SEC. IPMC had not filed a periodic report with the SEC since May 12, 2003 when it reported its quarterly financial results on Form 10-QSB. Shareholders are encouraged to visit the SEC's EDGAR site at http://www.sec.gov/cgi-bin/browse-edgar?company=IPMC&CIK=&filenum=&State=&SIC=&o... to view these reports as they are filed.

CTT anticipates that all deficient reports will be filed with the SEC by month's end. The Company will update shareholders should this deadline be extended due to constraints in completing the historical filings for IPMC.



that's been a damn long month!

round and round she goes!