Grifco Inc (GFCI)

[cyofish]

I would say that the odds of the merger going through is better that it not going through. Simply from the fact that TTII can not afford to go through the expense of another pre-merger process. Unless Grifco's financials are extremely bad I think this will go through.

However, Grifco has a history of exaggerations, untruthfulness, and disappointments. It also wouldn't surprise me if TTII walked away from the deal after discovering that Grifco is more trouble than it's worth. If this is the case, Grifco and CTBG will go to sub-penny land for sure.

Those of us holding on is truly gambling (not investing) at this point. Even with the merger going through there be (more) diliution of shares, and possibly a revers split. Regardless of the outcome, good or bad, it would be a great learning experience.

All my opinion.