GREY:GYPHQ - Post by User
Post by
davetrouton Aug 09, 2014 1:14am
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Post# 22824737
Value of gyphq
Value of gyphqIn the trustee filing of July 21 the value put on gryphon was $40,000,000 with the known resource. Who knows what it really is because there has been no disclosure on drilling in 18 months or more. I think the courts will eventually help us put a true value on the property and in doing so will hang W. out to dry on their NOT arms length negotiations resulting in the the JV, that caused the loss in % ownership to shareholders, determining colusion on the part of the board and management to the detrment of shareholders. What other reason explains why this is still in process instead of settled. It's clear that W brought their own boy, JO, in the be CEO without disclosing the previous relationship. Ya,, he talked positively until all the SH..... hit the fan, and the boiler broke, and the equipment leases he and the board entered into couldn't be paid, and on and on. They created the perfect storm to swindle the shareholders. How long will this post last?