Grifco Inc (GFCI)

[jtomm]

Everyone Controls Their View Of The Board

Just a reminder for those who may not know, you can simply click on a person's name and then click on "Ignore This Poster."

Therefore, if someone only wants to hear positive things about Grifco, they could simply put Dr. Bill (or anyone else) on ignore. There is no need for Dr. Bill to stop posting. He has as much right to post as anyone.

But pointing out the negatives of a company should not be viewed as a "bad" thing. In nearly all of his posts, Dr. Bill has been asking where are the verifiable facts? Right now, there are almost none. All we have are press releases. Those cost about $150 to put out. Share count, margins, profitability, etc., are all unverifiable. Look at HYRF to see an example of a company that recanted nearly every single fraudulent press release they made.

If the company is truly making all the money they claim, it won't matter what somebody posts on a bulletin board because the company could simply buyback shares with all the cash the business is throwing off. (I personally have written to Jim Dial and Mike King numerous times and asked for the name, website, and phone number of the supposed auditor they are working with. I have never received an answer.)

However, if the company is not what it claims, then negative comments on a bulletin board become much more important, because the bulletin boards and newsletters may be the only thing the company has going for it. That's why scam stocks often have many posters telling anyone making negative comments to "go away."

If Grifco is a scam, we can expect many more positive press releases, and yet always another excuse for why they can't get audited financials to the SEC.