Grifco Inc (GFCI)

[Dr Bill]

Hey BBB

Have you considered that Jim Dial knows that there is a minimum trading volume and minimum dollar volume for the amex, and therefore he wants to keep open the option of a reverse split to get CTTI above the minimum for amex eligibility? IMO that's why he's using 85MM shares or whatever, to keep that bridge intact......

Have you also consdered that it's possible that not only isn't Lyamec losing money on this slide that they are immune to it because they didn't buy common stock they have warrants? In fact that they might be benefitting from this slide because their warrants are for a number of shares and not a specific value? Heck, as in most PIPES, Lyamec could have shorted GFCI stock!

And you still think this is about oil and oil tools and revenue and profits. This is about the market taking extreme advantage of someone who has no clue how the market actually works. Jim Dial is a sitting duck with all of the revers mergers into a shell, share buybacks, spinouts of a 10MM company into another shell....

Here's a question for you

You think this one will get below $.10?
Because I am starting to think that way. I sure hope not... and I really truly mean it.
What about you?