Grifco Inc (GFCI)

[best2listen]

No, BBB it's Grifco that's mistaken

or misleading in the 7 wells PR.

First, there are "208 gas leases located in the Permian Basin geologic formation in Crockett County, Texas." but later in the PR

"The net proceeds from the 7 drill sites will be used by the Company to expand drilling operations to the remaining 208 drill sites "

208 leases - 7 drill sites leaves 208 drill sites remaining. OK, I thought this meant 215 wells on 208 leases.

Now you insist that leases should be drill sites in the PRs! If so the math is wrong 208 - 7 is not 208 though 208 wells on 10 leases sounds much better.

HOW MANY TOTAL LEASES ARE THERE, 10 or 208? Big difference! This is a substancial error.

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