Grifco Inc (GFCI)

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O.S. Sharecount is in your face

and implied by the word "majority".

"Majority Shareholders of Grifco International, Inc.", a Nevada corporation controlled by Jim Dial has pledged 56.5 million shares of Grifco for the merger. If 41 million shares would have been a "majority" (a number greater than the float) on May 1 why did Mr. Dial pledge 56.5 million instead?

Logical answer: the O.S. are probably slightly less than 56.5 million in order for that new issue to be a "majority". There might be some padding in that new issue to allow for other new issues before the merger is final.

This logic challenges Bill's hundreds of millions of shares outstanding theory - now I'm in for it :)

JMHO
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