Replies to post #9336 on Grifco Inc (GFCI)

[Trinityz1]

There's no such word as "irregardless".

Here's a hypothesis:
The results of the two audits weren't released because
there was a desire on the part of the major players
inside GFCI for the long retail investors to bail out.

One haunting conclusion I left the shareholder mtg with was
that most of the suits in the room wanted the rest of the
room to just go away. Some have bailed. Most of the larger
long shareholders have held on and even continued to average
down. There's somehow the feeling of a game of chicken and
who will blink first, the suits or the longs.

It's just a hypothesis mind you.

[rusty car]

Audits submitted by public companies are required to use audit firms that meet the SEC's requirements. It is the audit firms duty to prove the capitalization of a public company. Maybe this was not a possible task.