Cat, I've been saying for 18 months that Grifco is a shady operation for the very reason I oultined. It's "them" that vehemently defended Grifco and "us" that took a lot of abuse for reconizing the facts.
I held on longer than I shoud have, however, I didn't invest a small fortune. Despite the worthless of Grifco, I still came out oveall $81K in the green in 2007.