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cyofish

07/21/09 10:09 PM

#11069 RE: printmail01 #11068

Robinson Reed, Lymaec, GGI, and the Useltons. It's obvious Grifco was nothing more than a scam raising money through illegal stock sales and Pump & Dump schemes. Legit businesses fund their business through operating income. Looks like in 2005 - 2006 Dial raised over $10 million. Last but not least, why credible CEO would solicit a personal loan to by a strip club while trying to get an international start-up business off the ground (hypothetically speaking). It's really a shame JD is still out there trying to perpetrate another scam. SEC ought to cut off his balls and send him to Guantanamo.

justerx

07/22/09 5:39 PM

#11072 RE: printmail01 #11068

Do you remember when Bloomberg had GFCI shares outstanding at 22 million shares? That was in a post to a link on the other message board. If you add in the 11 million shares in the SEC doc that adds up to the 33 million shares that Kennerflip said Jim Dial had written down when he went to visit him before that buyout PR. Helived in Houston and wrote such a nice post about our investment in Grifco.

justerx

07/23/09 7:12 AM

#11073 RE: printmail01 #11068

I believe at the time Jim Dial had just called the transfer agent to get the share count according to that post. Kennerflip was very careful to post only the facts because he did not want to report wrongly and Jim Dial wanted shareholders to know what was the status of the company at that time.