Replies to post #1061 on Grifco Inc (GFCI)

[Dr Bill]

dude,

we counted once, when I was still on the good side of the longs, and still holding tons of shares

we came close to the whole float.

Or according to Dial it was.

I was told that the restricted shares were two year jobs, and that there was no dilution of free floaters. That was back in July. I was also told that they weren't going to dilute any more with free floaters.

Now, here on this one message board RB, you've got almost 100% of the float accounted for. Or at least what it is according to Dial.

So, using simple logic, there is either everyone holding stock willing to admit it on a message board, or some are lying and exaggerating, or Jim Dial is not truthful about exactly how many shares are floating, or there are people who can sell this thing into oblivion.

They aren't mutualy exclusive, but none of the above is very pretty for someone with lots of money tied up here.

I am quite proud of you BBB. You're getting closer to actually asking a question that matters to what matters, IOW will you ever be able to sell this thing for a profit..........

Keep asking better and better questions and sooner or later, well, let's just talk when you get to the big questions....

Have a nice day, and I really don't hope anyone lose money here. I wish you all success, I really do. It just aint happenin IMO, but I promise I'll be here to congratulate you if I'm wrong.....

[10 bagger]

BBB..
First let me wish you a merry Xmas and a Happy New Years... Though it looks like the volume has dried up and the stock that was purchased during the last few days have put a finger in the dyke (nice markups on the close each day),, the actual share count of GFCI will never be Known.. As they have stated One director from the previous organization granted himself 1 mil shares that they are trying to CXL.. If this director or others had this opportunity to create wealth what makes you think that they were alone.. Was it one million,, ten million or one hundred million shares that were created... And why spend GFCI money to buy Dirty paper when a new shell has been found.. As to the value of GFCI one must look at it as a going business that is private and let courts figure out who owns it.. As for now all that seems to of happened is another 1,000,000 shares have been purchased and no one has a clue who sold them or how thick thier pad of stock certificates could be... To get a share count on most companies a call to the stock transfer is sufficent... There is a rumor that I do not know is true but GFCI is looking for a new Stock Transfer agent... AS I said before I will not comment on the business of GFCI because I lost interest on GFCI when the Jet whatever was released and to never be heard of again,,, but I complement you and think In all true candor you asking for a share count is the first rational post that you have made on GFCI.. "Having seen the light at the end of the tunnel is a revelation that daylight is near in total darkness" ( Augusto Hermanson 1821) ...hank