Replies to post #2409 on Grifco Inc (GFCI)

[Dr Bill]

10bag

I thought it was a dollar a share! oh well, 60 million private sale of one division of a 8 million company would definitely be a better business decision for them at this point. That would make TOTAL sense. Maybe that's why they haven't filed or alerted anyone in the broker/TA business about the spinout/dividend shares, they've cancelled the whole thing. I would be much happier about that, myself. Sell it, give out a one time dividend of $2 per share and keep 20Million in the coffers. That also keeps grifco's share price about the dollar level assuming they do have other business. 80 cents a share roughly in cash and ongoing business of what? 800,000 per year is what it looks like from the stock price!


Great thinking!

[rsadey]

10 Bagger- I think Clever found out something( most likely good) and is keeping quiet. That is my read on his absence. If things were bad then after his selling he would have told us. The good news is kept quiet for fear they may have revealed something they shouldn't have.

PS- EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE Maybe will start a language called grifonics.