Grifco Inc (GFCI)

[zagdad]

Han, let me correct your thinking in one area as best I know. The auditors are just showing up to pull things together for the filing this coming week at best. Then they have work to do, filings, potential Q&As with SEC, etc. Once that is complete the company will be able to announce what the T&Cs for the spin off are...no way that could be inside of a month...I'd guess closer to two months baring any real issues. This is management's view at this time with respect to activities... not necessarily time required. Other investors have posted similar timelines. Also have a quiet period in place per management so I would say news in this area isn't likely soon.

zagdad