Replies to post #1269 on Grifco Inc (GFCI)

[stocksbonds3]

Dr. Bill; IMO You are way off. You are speculating with too many unknowns to make sense. First, you don't mention anything about GFCI/CTBG's technology, which is the key issue. If the technology has merit, the stock prices will rise with earnings generated by the use of the tech.

Secondly, you must point out that THE OIL & GAS SECTOR IS THE HOTTEST SECTOR IN THE MARKET!!!!!

Third, you must ask yourself, "What was the main objective for the company to go public?" Answer: To realize value for stockholders. How did they attempt this? By moving their O&G service company into a publically traded shell. Noted: They did screw up with the shell company by not reviewing LITFIBER's financials.

However, this screwup has allowed us a golden buying opportunity as the share price has been severely punished, not because the fundamentals of GFCI are bad, but because GFCI's move into a dubious shell was ill advised.

Now, what can be done? Try it again, but do it right. Move patented, revolutionary tech into another shell company and facilitate its move onto NASDAQ by:

1. Hiring Lebed to distribute stock to over 400 owners, as required for NASDAQ listing.
2. Moving share price over $4 share (for over 90 days as required by NASDAQ) by releasing financials, press releases regarding contracts, creating new website, etc, etc.
3. AND, most importantly, by not releasing GFCI's ownership shares of CTBG until the stock is trading on NASDAQ. It will be much easier to pump up the share price of 12 million shares over $4 than 88 million, especially when the latter was received in a free spinoff and would be sold directly into market, thereby decreasing price and the chance to get on NASDAQ.

After being listed CTBG's share price will depend upon earnings and whether the new, revolutionary tech is really all that the owners have promoted it to be.

IMO, in the short run, speculators will do better to buy CTBG than GFCI because all attention will be focused upon getting CTBG's price over $4 for 90 days. GFCI shareholders, myself included, will feel cheated and confused and will ask over and over, "Why is CTBG trading higher than GFCI when every share of GFCI includes 2 shares of CTBG?"