GREY:GLBCF - Post by User
Comment by
Winwarrioron Apr 08, 2016 2:47pm
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Post# 24746252
RE:RE:RE:RE:RE:RE:RE:Pafra Enterprises Company
RE:RE:RE:RE:RE:RE:RE:Pafra Enterprises CompanyThat iis what I was getting at. GCO is effectively IMHL. I suspect with IMHL owning 60% of the shares that is why they have been in no rush to address why the company is not trading on the market. They must have know that once news got out of a liquidation the stock would really drop and that would just make GCO look bad. They also must have known when negotiating the deal with Erin and crew when forgiving the $4million that old GCO owed that perhaps they were getting into new GCO and that in a couple off months it would lose access to its only property. This does not make any sense so they must feel a deal with IP was, is possible. $8 million bucks for a property that if it is confirmed it will go to mine is worth a billion plus. I just cannot see them allowing this to get away. Odd, all this is very odd.
Keep in mind that after IMHL Erin and crew must own 10 million shares+ and so there has to be lots of interest on her part and others to see this trading. ALl very odd