Replies to post #8259 on Grifco Inc (GFCI)

[best2listen]

No, BBB it's Grifco that's mistaken

or misleading in the 7 wells PR.

First, there are "208 gas leases located in the Permian Basin geologic formation in Crockett County, Texas." but later in the PR

"The net proceeds from the 7 drill sites will be used by the Company to expand drilling operations to the remaining 208 drill sites "

208 leases - 7 drill sites leaves 208 drill sites remaining. OK, I thought this meant 215 wells on 208 leases.

Now you insist that leases should be drill sites in the PRs! If so the math is wrong 208 - 7 is not 208 though 208 wells on 10 leases sounds much better.

HOW MANY TOTAL LEASES ARE THERE, 10 or 208? Big difference! This is a substancial error.

best2

[Dr Bill]

This is really funny........

Obviously, when the tranche PR says "leases", it means to say "drill sites" and when it says "drill sites", it means to say "well sites."


Well DUH!

OBVIOUSLY!

Ok if this person cannot calculate the estimated revenue of negotiated leases, without making errors of a factor of 1000, and then cannot make the proper use of leases vs drill sites vs well sites, then how the hello do you expect him to negotiate the landscape of publicly traded companies?

You people should have taken my advice a long time ago and voted dialer out of this job. You could have used hius words about the share counts against him and taken control of the board.

At this point I would recommend a class action lawsuit for breach of fiduciary responsibility against dial and vote him out as a symbolic measure. BBB controls 30 million shares right?

If it's 63 to one, even if the one has 300 million votes you're likely to get someone's attention....

at the very least it appears as if dialer is using his own shares of your company which he voted to himself, to attain assets in his name which you may or may not be able to buy for more money later on...

of course it's highly unlikely that any of this will come true, just like evrything else he's said hsan't come true for the past 26 months, so that ought to be at least a little comforting, the pubilcly announced fleecing dialre's giving you guys is probably another fabriciation ooops I meant forward looking statement!