Grifco Inc (GFCI)

[Bobwins]

As you state, the stock is undervalued because there is no record of performance to back up the claims. They don't have a track record.They have completed one of the mergers and the Jet Motor came out of collaboration between the owner of Coiled Tubing and Grifco. They have announced several products that sound promising but haven't shipped them yet.

I have done some DD that suggests to me that the products are real and with oil services hot now, I think they could achieve some of their lofty goals.

We should find out fairly soon if they can complete the announced mergers and ship the products. After that, we still have to wait until October for the audited stmts and SEC filing. Not pounding the table. I like the sector, products and opportunity. Not sure about mgmt.

Bobwins