Grifco Inc (GFCI)

[cyofish]

No, but I read the feedback from the meeting. I already knew by then this was all a scam. I sored on Jim Dial and Grifco in April 2006. I wasn't emotionally caught on Grifco HOPING (as many did) that this was the real deal. There were too many signs back then to even think this was going to be a legitimate play.

By the time Shareholder's meeting took place Global Oil Tools was no longer part of Grifco as later Lyamec PR indicated. It's a shame they never bothered to tell people at the shareholder meeting. I know they tried to blame the shorts on the companies demise. The truth was Jim Dial was printing shares and selling in on every PR. Again, this is well documented after the fact.

When Jim Dial raised the authorized shares from 200,000,000 to 400,000,000 that should have started a shareholder reolvt. Instead most shareholders blew it off as "oh well....I'm sure he has a good reason". YEAH he had a good reason!!! He was nearing the limit of what he can print.

I presume you are still hoping for something positive from Grifco but sorry to say there isn't any. For now the only thing positive you can hope for is that Jarvis, Dial, Dokhart, M. King, and Newman wind up in prison. At least some of the people like the USELTONS, GGI were indicted.