Grifco Inc (GFCI)

[cyofish]

Because of intimidation. When an individual shareholder questioned Dial or Lyamec about the situation Dial or RG Raymond would threaten lawsuit (IMO, they're bluffing). Justified or not most individual shareholders don't have the time, money, or resources to engage a legal battle. They know this. Only way this issue can be pursued is if the investors pool their money together to go after Dial. How many people are willing or able to commit a few thousand dollars? If the legal action by a class of shareholders is successful what can you get out of Grifco now? Legal representation/class action should have been done 3 years ago while all this stuff was happening. Unfortunately, there were too many wide-eyed longs who believed in Dial & Grifco 100%. The pumpers (innocent or not) who constatly posted rosy scenarios here didn't help. Now it just too late IMO.