Grifco Inc (GFCI)

[best2listen]

B2B, JD's karma follows him

in the business world IMO. Anyone want to sign a contract with him or a company he works for? I'm hoping that JD is found guilty of fraud, but even if Cyo is right and JD escapes direct fallout from GFCI/CTBG/FTXN/UERI/TTI I don't think he will do very well outside of scam circles.

Compensation for a scam or failed business is very unlikely; ask Madoff investors about scams or Lehman Brothers creditors about failed businesses. JD counts on the fact that shareholders will write off their losses and won't pursue him in court. IMO the only hope for criminal proceedings is that his actions were egregious enough to warrant prosecution. I suspect he would claim that Grifco's assets (Global & Leases) were sold to satisfy the RR/FFC3 judgment. Odd, and possibly illegal, that JD sold the leases to himself. There's also a possible complaint about issuing unregistered shares as free trading. He did issue and sell a lot of shares into the market - and issued many to the Usletons as payment for their scam:)

Just my opinion
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