Grifco Inc (GFCI)

[cyofish]

Trinytz,

in the context of what's being discussed the correct definition of "carried interest" is very relevant in this discussion, assuming of course Victory and FTXN are partners. As you know there are some people here (myself not included) that feel GFCI shareholders have an indirect interest in FTXN/VYEY venture.

Since VYEY PR indicated they have carried interest in the Gas Wells, it's relevant to know EXACTLY what "carried interest" means. Victroy threw out numbers that were basically meaningless due to a lack of information.

While I have provided the definition of carried interest, the other party merely listed the benefits. Providing a link that very clearly defines the terminology by the academia and the congresss IMO, is relevant in bringing more clarity to the terminology rather than just ignoring what it is. You know in legal terms one word cam make a world of difference.

You asked the question privately but I can't reply privately since I am not an IHUB subscriber.