Replies to post #10404 on Grifco Inc (GFCI)

[zagdad]

Spark, agree, what ever is good for the shareholders is great.

Dial's loss has got to be good news with what all have experienced over the past couple of years. But when the new guy, Eric, did about the same thing to TRSI as Dial has done to GFCI it is good to put a warning sign up for those you want to further investigate and possibly invest IMHO. Both were VERY expensive lessons for me.

zagdad

[cyofish]

The reality is this. He can't start a company at a share price of $0.002. He will probably do a big reverse split to get the pps up to a more managable number. $0.50 for istance. This means that your 100,000 shares of GFCI will now be 400 shares at $0.50. This will also signficantly reduce the O/S which will give this jerk CEO the room to dump millions of shares in the market. I'm sure he will change the name of the company just like they did with LitFiber, so people won't be able to figure out the game.

With Leonett'e storied reputation this company will not last long. It looks like ol Jimmy is getting away with his crime as the new scumbag takes his place. What a disgusting bunch of people they are.