I think death spiraling is a strategy to raise money. If the stock stayed at $0.30 - there would be no one new to buy shares. However at $0.15, $0.10, $0.05 and $0.03 there is a new batch of suckers thinking they are getting the stock cheap allowing management to extract more money from selling shares.
I think Grifco has real assets, but we have been scammed by Mr. Jim Dial who could care less about the company and the shareholders and who is sucking all the money out of this company. Sadly it is 100% legal for him to do so as he can grant himself any compensation package he wants as he IS the board of directors and the CEO all in one.
Scum + no corporate governance = scam.
The pinkie equation to watch out for.
News 
Market Data 
Discover 
AI
