Grifco Inc (GFCI)

[starfire]

I agree it is alol speculation till the financials and Share counts are released, which I believe will be the primary force to drive demand. But here are some points to consider

1. Jim Dial has stated that Grifco's BV is far above current
PPS.

2. Jim Dial has instituted a Share Buy Back programs of up to 20M shares. I doubt he will buy back all 20M before the dividend distribution (seems irrational to me!). On the other hand he will stop buy after a 1M or so, That should leave the distribution at 1:2 (GFCI:CTBG). Shouldl GFCI price decline after the distribution, JD will continue on the buy bcak program for GFCI as BV is far higher than PPS. But I think GFCI will do well as Global Oil tools is a lso a cash cow!!

3. We know that CTBG's JMs are a Cash Cow and as such will drive CTMG's upward, even after the 75M share dilution.

Given the fact that shorts will have to buy CTBGs shares as well and all of us are expecting stellar financials, I think the comings days will be exciting! Lets face most of the recent PRs have been after the CFO has joined. In addition a 20M share buy back programs needs an awful lot of cash, both, current as well as expected.