Replies to post #1255 on Grifco Inc (GFCI)

[10 bagger]

GFCI quiet period..
The SEC or NASD do not have quiet period rules ,, I have done enough underwritings to know that... As an underwriter we always wanted the company to remain quiet during the period of regestration .. If the company released something that used funds for something outside the stated purpose of the filling,, bad things happened.. An ammended prospectous at the least.... and a possible return of funds to the investors theb worst.. So to protect our comm we specified that during the filling period the company rema1n quiet.. At present there are over 50 companies that have never been out of registration for the past 25 years.. GE, XOM , GM are a few and these companies have had stock or bond issues in effect on a perminant basis.. GFCI may say any thing it wants to because they have never made a filing statement that is in public view.. Once in view the only danger that they face is doing something different than in the statement.. Untill you raise money no one cares if the information you release is factual.. After money is raised the lawyer makes the call... hank

[Rolandx21]

>>>>there might be 200 million shares and Dial wouldn't even know that

This is pure BS. We may not be able to get share count, but Dial can get it any time he wants, and that is fact.

Take that to the Bank.

Roland

[Han2004fl]

Dr. Bill, you must be kidding or just doesn't know how to do MATH

From NOV 8 when the annoucement of the dividend.

GFCI will get 75 million shares of CTBG when the dividend is paid. That accounts for 88% of CTBG.

88% of X = 75 million shares, X = 85.23 million shares.

So you were saying 200 millions now on CTBG? You are dead wrong. If they had 200 millions, they didn't dump into the market. Do you know what is the total volume on CTBG since NOV 8 to Jan 20? I will tell you: 1,596,557 shares traded.

As for GFCI volume from NOV 8 to Jan 20, it is much more because it's a trade and active stock. The total is 19,681,532 traded in 50 days while price moving up and down from .18 to .33 Average volume perday is 393,631 shares traded.

For a stock that has O/S of 37.5 shares on Nov 8, 393,631 shares accounts for 1.04% traded a day. I don't think there is dumping going on from the company. I believe that readers can all agreed here. Don't forget that each share changed hands counts as 2 on the volume (buy and sell).

So your theory of dilution here is a flop.