Grifco Inc (GFCI)

[Dr Bill]

Ryan, thank you

and back2basics as well. Thank you both.

It is my opinion, and you might not like to see this, is that it is difficult enough to get invested in a company who's stock is going to rise, even when there is an independant board, and an audit committee, and you can go online and view, at

http://pro.edgar-online.com/proSearch.asp?v_err=True

the filings to search for the "fine print" so to speak. So for those of you who are thinking that the Goverment will back you up on this one, that these people surely cannot be scamming you or trying to take your money, as far as the government is concerned, they do not exist. There is no protection available for those shareholders who are invested in, or bought stock, in a company who has no SEC filings, and no public charter.

So to summarize, you are simply going on blind faith, that anything remotely true is being told by those people you are asking.

Even if they were a going concern, which I doubt because of all of the cloak and dagger stuff going on, unanswered phone calls, a website that hasn't been updated in 5 months, etc etc etc you have no recourse for your money should this turn out to be a money making scheme for a few guys down in Texas.

I understand from reading this board that there are a few people who have visited the company and seen the products. Bigger, better people than you, people who run multi multi million dollar hedge funds have been taken for 10,20, 50 million dollar rides. A pink sheet stock like this, done by a shrewd operator (there are none of those in the Texas oilfield business, are there) can fleece you a few hundred thousand dollars and not even burp.

Government comes calling and the guy says, "no sir I never told them anything like that at all. we had doubts about our ability to rent that jet motor from the beginning and warned them at the end of each press release that these were forward looking statements and not safe to trust. We even admitted that we only had three of them rented, in the press release dated ______"

Look, I'm sure that you are convinced that you have found the "Holy Grail" of investing, a stock that you bought for a quarter, that turned out to have intrinsic value of a hundred times that, or more. Lots of people have felt that way over the years.

All I'm saying is to make sure that you are very careful. Even great products that we use every day lose money for investors again and again and again. Look at the Airline industry. KMart. Worldcom. Everyone uses the telephone. And they had filings with the SEC!

This company goes under, or turns out to have 300 million shares outstanding and you have no recourse to Jim Dial, Mike King, or anyone else.

Think long and hard about any money you have here. I pissed away $5000 at Vegas three weeks ago, so my investment here is more for fun and a might and a maybe. Like a lottery ticket. Would be really nice but cannot count on it.

I have seen many many many people get hurt over the years.

If anyone has any proof that the money will not be down a black hole, it's not going to be with ???, or "the ceo told me" it will be with SEC filings and verification of business. Not "we have three of the tools rented". Remember that's the only public thing we have seen about it, in writing.

Anyone taping the telephone calls to HQ?