The most common theme, and the one that I'm most iclined to believe is that they are going to spin off one of their divisions. Why a pink sheet would do this is byond me. Having said that, my thinking is that you will have 10,000 shares grifco, turning into 10,000 gfci and 10,000 JTMI (jet motor international) for example. Each company would get half the assets, and each stock would be worth exactly half (or whatever portion of "fair" market value (net present value of all future positive cash flow) can be assigned. So a $3000 gfci investment (ha ha- try gamble) would be turned into two $1500 investments.
If they have a "clean" shell to make into a jet motor company, then they might be able to have filings immediately, which would possibly get some movement going into the range where the one would offset the other. Many people here are into the GFCI stock because of the amazing revenue potential (alleged) and gross margins (alleged) of the jet motor, and could care less about renting "jarring tools" in Libya or venezuela (who hates the good ol usa) and would likely sell off the remaining GFCI, which still doesn't look to be able to file any time soon. So hoping that the Jet motor company gains might offset the losses in GFCI so we'll have reoughly the same amount of money. One doubles the other goes down to pinkie non reporting hell with no one interested in waiting out some accountant to figure it out.
My only hope this isn't some cockamayme scheme to "burn those dratted short sellers", when all it would take is some regular communication with well written PR's from Houston, not Lasvegas, to keep us informed. If it walks like a duck and quacks like a duck shorts will pile on like it's a duck and all they need to do is go "moo" once in a while and we won't be such a target of the shorts (if we are right now anyways which is doubtful)
My original point is, why not just do an IPO and do it like anyone else.
I have never seen this before and the market might not understnd what's going on. I might not either but I'll be sure to let you all know my opinion of the downside...
:)
