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back2basics

06/12/09 3:08 PM

#10961 RE: rex_rick #10957

rex, thanks for the link. It doesn't appear to hae changed from the online version. You can register with TM and comment on the story. I did.

justerx. I've heard that some with their shares in certificate form did not get the CTBG distribution. I've heard of none that had their shares with a brokerage that didn't get the distribution. Were yours in a certificate?

You seem to be rationalizing that Dial was sort of an innocent bystander in the fiasco. Have you bought into his story that shorts are the problem with inflated O/S? Was Transfere Online aware of any extra shares that Dial put out? I don't know. But he could hae put out sharees without telling them.

There may hae been 40 MM shares O/S when the distribution was first annoounced, but it's clear to me that Dial neer stopped printing shrares. The Feds found that he issued over 15 MM to GGI. The Texas Monthly said that the Fed case against Grifco siad that millions of shares had been given to insiders. Do you think Dial reported all those shares?

As for message dissapearing or beig changed on "the other board." I seen MANY posts deleted. I was never aware of them being changed. This board was far worse about deleting posts. It has a very active cadre of Delete Police. I guess if one had an in with Good ol Matt, one could have messages changed.

I advise anyone still wringing their hand about Grifco to get over it. However, I'm holding on to a hope that Dial goes to prison.