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Article: Coil Tubing Technology, Inc. Files Suit Against Grifco, Grifco's former President and DTC.
- Article from:
- Business Wire
- Article date:
- August 1, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SPRING, Texas -- Coil Tubing Technology, Inc. ("CTBG") (OTC:CTBG), its majority owned subsidiary, Coil Tubing Technology Holdings, Inc. ("CTTH") and its President & Chief Executive Officer, Jerry Swinford, have filed suit against Grifco International, Inc. (GFCI.PK) ("Grifco"), Depository Trust & Clearing Corporation ("DTC") and the former president of Grifco, James Dial (the "Defendants").
As previously disclosed in CTBG press releases, DTC contacted CTBG in late April 2008 regarding issues associated with Grifco's distribution of its 75,000,000 shares of CTBG in August 2007. The distribution was effected through a stock dividend of CTBG shares to Grifco ...
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Article: Spotlight on: GRIFCO INTL INC (GFCI).
M2 Presswire;
September 8, 2006 ;
700+ words
... ... equityallianceir.com Grifco International, Inc ... Planned Spin-Off of Coil Tubing Technology, Inc. Wednesday ... plans with Tree Top, Grifco and Coil Tubing continue to make appropriate ... spin-off CTT from Grifco as a distinct publicly ...
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