$3400 to $1,000,000 diffrent approach

[agatto2]

Nice post higner, i was on this last week, and i know shes a gonna go   

[Loffigus]

Did GRYF Fall off the face of the earth?

[Pirus]

What happened? I don't have anything left either.
Stock opened down 100%     WTF?

[Pirus]

found this news, might be an answer

KAMLOOPS, British Columbia--(BUSINESS WIRE)--July 25, 2005--Greyfield Capital, Inc. (Pink Sheets:GRYF - News) has sold franchising rights in Canada to Slateco International Group. The terms of the transaction are as follows:
    1   Greyfield receives 200,000,000 shares of stock in Slateco with
        anti dilution rights

    2   Greyfield receives $33,000 for each franchise automobile
        dealership in population centers with 50,000-99,999 people,
        $66,000 for each with 100,000-199,999 people and $99,000 for
        each franchise in population centers with 200,000+ people

    3   Greyfield receives 3.57% of gross sales for each franchise
        dealership

    4   Greyfield has right of first refusal for all automobile and
        consumer financing for each franchise dealership

    5   Greyfield maintains database of all customer names, addresses
        and telephone numbers

    6   Greyfield will provide accounting/billing software, sales
        support and technical assistance

    7   If Slateco does not franchise a minimum of 5 dealerships per
        year, Greyfield shall have the right to dissolve the
        partnership and resell franchising rights to another company
        and shall keep the 200,000,000 shares of stock.

Greyfield shall continue to open its own dealerships throughout Canada and eventually the United States. Slateco International shall be responsible for managing the franchising part of the business in Canada only.

Information on Slateco International Group can be found at http://finance.yahoo.com/q?s=sltj.pk

New management of Greyfield is committed to having an open relationship with all of its shareholders.

The company is located in Western Canada not Central Canada. Website will not be active during redesign.

Greyfield Capital is quoted on NQB Pink sheets as "GRYF."

About Greyfield Capital

Canadian Autorama is a profitable, fast growing automobile dealership in Canada. Canadian Autorama has been in operation for the last 3 years and has experienced strong growth.

CAUTIONARY STATEMENT: This news release may include forward-looking statements within the meaning of Section 21E of the United States Securities Exchange Act as amended, and/or the U.S. Private Securities Litigation Reform Act of 1995. All statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements that involve various risks and uncertainties. All forward-looking statements in this release are expressly qualified by this notice.



--------------------------------------------------------------------------------
Contact:
     Greyfield Capital, Inc.
     O' Bell, 415-738-6950

[twodachsie]

Ameritrade is showing trading as "suspended."

[Pirus]

My Ameritrade shows I still have shares but value is $0.00

[twodachsie]

My Amtrade market value still reflects yesterday's closing price.

[Pirus]

HMMMM my account shows I am 100% down. still own shares. but worthless

oh well only had 100,000 $300.00 bucks

Just hate losing.

[daldrich]

  Trading suspended until Aug 9 to clear questions about officers and organization status.
  Don't think shares are worthless yet pending results of inquiry. But can't be traded so might as well be worthless.
There is more info on the other GRYF post in pennies

[higherstocks]

Im trying to get info from the investors hotline.  I will post when I get through.

415-738-6950

[higherstocks]

?

[Pirus]

Thanks for your effort "Higher"
we all appreciate it. 

[shawFund]

Hi, if I am not wrong, you may have lost all the money for GRYF investment.

I had one bad experience of buying pink sheet stock.

If the normal trading volume for a PK or OB stock is small, once you bought it, it will be VERY VERY difficult to sell. No one pick up your stock.

For me, after I bought that PK stock and found problems of selling it, I wrote a letter to SEC complaining the dealer to provide me with misleading information and for possible fraud, the dealer eventually returned the money to me (I did not lose money, but ltook me a lot of time, car driving, etc).

Unless you know the company well, never buy low volume PK, OB stocks.

[higherstocks]

Just an update, if I see gryf gap down in the morning I will sell and move on.  My watch list is MOBL (being oversold today and bouncing off ove 30 RSI), MSSI, ICMH, and QBID.  Will update tommorrow.  Its been a long suspension. : )  Hopefully we can see something good with the stock tommorrow, but if I dont see anything good I will sell.

[Pirus]

Looked for news ---found none. GRYF still not trading, as of noon.
Did anybody else see any news?

Thanks