Replies to post #9162 on Grifco Inc (GFCI)

[printmail01]

Forward Looking or straight forward LIE?

TTII and Jim Dial released PR and filed a 14A with SEC outlining in no uncertain terms that GFCI assets would roll into UERI, along with PDEI, and UERI would merge with TTII. Now we here the plan is for UERI and PDEI to become independant pink sheet stocks, by "going public" on their own. It appears JIM DIAL has changed plans or bold face LIED to investors > THAT IS THE PROBLEM > JIM DIAL continues to mislead and intentionally hide the truth, He could very easy clear all of this up but he choses NOT to. Look at the CTT dividend, talk about a bold face BS ride, Jet motors, PR claims of no debt, 2.25 offer ofering, Libya IPO, TTII LOI with CTT, now a warrant deal that is illegal, etc...etc...etc...Again the problem with GFCI is the lies, CEO leads investors to believe one thing, then does another w/o even so much as an update. CEO is the #1 reason this stock is like the plague, IMPO

IMO

[cyofish]

Foward looking statemnts don't excuse a CEO of material ommisions. I think everyone here knows the risk in investing, especially in the pinks. Being a CEO of pinks still doesn't give JD the liscense to ignore his fiduciary responsibility and wanton disregard of the truth.

BTW, it doesn't matter if a company is trading on the pinks, otcbb, or Amex, it's the people running it that's ultimately responsible for its reputation.

[elcheepo]

Knowitall, I hope your timing is right... I am buying now as the price appears to be attractive and may have an opportunity for some good gains... especially if the gas takes off.

I understand the sentiment of the board. I have been reading posts for a while, and see that there has been a lot of money lost to Dial, and the most contencious issue is the lack of information.
I don't know what the future holds for GFCI, but I will watch the saga unfold until the end.