Replies to post #11746 on Grifco Inc (GFCI)

[best2listen]

Libyan, $3.7 million

has peaked my interest. I think the story line from the scammers when you worked for "RG" was that Lyamec had invested $3 million in Grifco stock. Looks like "RG" got a refund or did a little money laundering. Who was in charge - follow the money. Hard to say which in the crew is the worst.

"...a wire transfer from GRIFCO to Lyamec in the amount of 3.7 Million."

I imagine you were impressed by the amount at the time. "RG" got some cash and control of a small American business, Global Oil Tools - at least for a while. "RG" always called himself the "interim CEO". Not sure what that meant but I guess he never delivered enough business to become the CEO. BTW, all Lyamec's PRs were badly written and strange.

Do you know anything about Lyamec's supposed deal in the free trade zone, Musrata?

best2

[mrdmrd]

I notice that you have now spelled RG surname differently. I seem to remember the later spelling - as the one I searched on and found his involvement with service organizations in Houston TX where he lived. jmo Bull

[cyofish]

Libya was only one chapter in the book of Grifco scams. Lyamec wasn't involved in the final chapter of the Grifco scam which was Adams Ranch play.