Grifco Inc (GFCI)

[Dr Bill]

Trinity:

Don't you see how close you're coming to outright bashing this stock? What you're saying is that Jim Dial is trying his hardest to shake out all the long shareholders, by withholding information, being vague, "appearing" to be incompetant, etc. When you state this you come one notch away from "dead on" that what he is doing, if the conspiracy theory ( I guess it's No.2 because No. 1 is the my shorts are naked theory ) is correct, is a breach of every fiduciary responsibility known to a publicly held copororate officer. This, if true, means that Jim Dial is attempting to steal assets that are not his. Furthermore, if true(I think this theory is as patently wacky as the naked short theory), and the longs are holding on, in a grudge match, he'll get the assets in the end becaus he's found a legal loophole (print shares, give to himself, buy stuff for himself using those shares as collateral while saying he's going to return them) to loot the bank account.

Personally, I think that he's just printing shares, selling them, stuffing the money in his bank account in the form of one asset of the other, all the while crying about naked shorts and then the comeback- but help's just around the corner, did I tell you I had a meeting with my SEC accountants yesterday? The audit will be done next week. All we're waiting for is a piece of paper from las vegas....

but your theory s just as good if not better reason to avoid gfci stock. He'll break every covenant of the very fabric that keeps our capital markets functioning, and intact, by tossing his fiduciary responsibility to his shareholders on the dungheap....yet you're holding on to make him give you the assets...tainted???? With a name like trinity I would think that you're above that kind of ill gotten gain, but maybe I'm misunderstanding your moniker.

Peace