Replies to post #13878 on Grifco Inc (GFCI)

[back2basics]

"What happened to the money? "

Thanks again, Gus.

IMO it was successfully hidden.. I've run some theoretical numbers.

From my memory there were 55 million shares. Some declared some not. When new shares went on the market ran PPS ran from .18 cents to over .75. Say a rough avg of .40

That would have been about $25 to $30 million. Our restitution came from the $400K or so that came from Nick Jarvis's assets.

There is a huge gap there.

I welcome any other guesses at how much was raised by the Crooks.

B2B