InvestorsHub Logo
icon url

best2listen

10/04/06 2:42 PM

#7537 RE: cyofish #7536

The "great and honorable" Jim Dial

has managed to keep the share price (more or less) above a dime with no financials, SEC reports, or official share count. IMO big share dilution would have left us considerably below a dime.

The convoluted Grifco tale has ensnared speculators and kept this penny "in play". All this action even though there has been no follow through on the CTBG dividend, developments in the Libyan venture, the GOTL offering, or the other PR plays.

This could be considered a good performance (or not) depending on Grifco's real financial circumstances. Now the merger's been set up to string us along 'till next year when the merged company releases it's first SEC report.

As usual we're left "looking through a glass onion" - an opaque one at that.

JMHO
best2