10 bagger - You seem to indicate that you believe it's been a scam all along? You may find this interesting. B_Burned_B wrote this on ragingbull.com yesterday.
"By the way, all those pump and dump schemes were paid by a third-party, NOT Grifco. For example, the Pink Picks pump and dump that went out early 2005 was actually paid for by some guy named Dallas Jones, according to their disclosure statement. Now, who is this Mr. Jones? Mr. Jones is none other than Trim-A-Lawn's former President and CEO! A real surprise? Yes? Imagine that!" http://ragingbull.lycos.com/mboard/boards.cgi?board=GFCI&read=18217
Yes, imagine that. Dallas Jones was the CEO of Trim-A-Lawn. But there's a little more. He also stayed on as a director of Litfiber joining Jarvis and gang.
Litfiber Now Public - (LTBI) Tomball, TX (PRWEB) February 29, 2004--Litfiber Inc. (Pink Sheets: LTBI) Board of Directors is pleased to announce that the company has formulated a new board of directors that consists of John D. Jarvis Jr. Chairman / CEO and new Secretary David Tabb as well Dallas Jones staying on as a Director in a advisory capacity to the board. A complete board position listing as well as bios will be made public on the companies web site http://www.LITFIBER.com as soon as possible. http://www.emediawire.com/releases/2004/2/emw107945.php
So you have a director of Litfiber compensating with shares a tout site pumping Grifco. Hmmmmm. Why would he do that??? I wonder if that was legal? What would the SEC say???
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