Grifco Inc (GFCI)

[cyofish]

Oh Geez. The moment the Investor Relations or the principal (a.k.a. JD) tells you the stock is worth substantially more than market value you should have sold all of it and ran for the hills. It is illegal for those people to make that type of representation. Grifco's Investor Relation guy, Ryan Kirch, operated out of his apartment up in Chicago. He moved on a became a CEO of his own pinksheet scam, I guess after learning from JD.

That's why I always objected to BBB's valuation based on "industry multiples" because it was total b.s. and it lead many here to believe he knew what he was talking about.

I'm sure there are others that lost as much as well but geezz, don't ever put that much money in a non-reporting/unaudited company.