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Lyamec Group Buys 3 Million USD of Grifco Common Stock
"We are buying into Grifco at this stage because of our unflagging commitment to Grifco," said Lyamec CEO R.G. Raymond in a prepared statement. "We are onboard with Jim Dial for the long term. Undeniably we share the same plans and vision as he does. With the strong demand for Grifco's new products and the overwhelming representation requests from Libya and Qatar, we see great revenue potential in our target market area. Jim Dial and I will be joining our friends, partners, and dignitaries in Libya, Qatar, on a 12 day visit, with additional stops in the United Kingdom, and Italy to lay down points of access for regional distribution management." Additionally, Grifco's Jim Dial will replace W.J. Barnhill on the "Business & Beyond" segment airing on CNBC Europe, as well as in over 90 countries including South America. "Business & Beyond" has become the first choice for todays most sophisticated CEOs and business managers. The Lyamec Corporation, a franchise, merchandising and distribution services company, is a subsidiary of The Lyamec Group. The Lyamec Group was established in 1999 to provide vital assistance by laying down unique and fully integrated platforms with cross-border assets and skills to further streamline efficient and effective commercial opportunities and solutions worldwide. For more information please visit www.lyamec.com
NEWS SOURCE: The Lyamec Corporation
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The Lyamec Corporation : » Lyamec Group Buys 3 Million USD of Grifco Common Stock » Grifco International Acquires Global Oil Tools and Global Libya Manufacturing Facility Project » 'Business & Beyond' to Feature The Lyamec Corporation - Commercial Activities with Libya » The Lyamec Corporation and Grifco International Make Amends on Global Oil Tools Acquisition » Global Oil Tools Moves on Libya without Grifco International
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REFERENCES: Lyamec Group Buys 3 Million USD of Grifco Common Stock, The Lyamec Corporation, Grifco, OTC: GFCI, pink sheets, GFCI.pk, OTCBB, Jim Dial, W.J. Barnhill, Business & Beyond, CNBC Europe, The Lyamec Group, franchise, merchandising and distribution services company, Global Oil Tools, R.G. Raymond, press release, Aug 15, 2005. |
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