Grifco Inc (GFCI)

[cleverrox]

We should get approximately two shares of IPHG for each share of GFCI, if my outstanding share count of 37M is correct for GFCI. I interpret this news in a positive light that Jim Dial is about building shareholder value. It looks like the bid on IPHG is $.30. I was hoping to load up on cheap $.06 shares and then discovered it wasn't trading for $.06.

Hopefully the special dividend will occur quickly and we can see some kind of revenue and income projections and results for IPHG soon to be CTT. This is very exciting because the possibility that the combined value of the CTT shares and GFCI will exceed the current GFCI $.33 value is very good.