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To: Zakattack who wrote (5864)6/26/1998 2:09:00 PM
From: PitBull  Respond to of 8798
 
EXTREMELY small float..GPIP will have major news out Wednesday and here is some DD

symbol GPIP

C/GRIP INC
7983 E 59th Place S.
Bldg. 24, Ste. 102
Tulsa, OK 74145
Phone: 918 663 3262

phone number
1-888-346-3911 (toll free)

web site address:www.cgrip.com
email address: find911@aol.com

Summary of call:
Child grip has been in business for about 3 years
web site has been up for about 2 years
at present they have test marketed in oklahoma with target audience of young mothers, housewives, and secretaries through radio stations
and very aggressive newspaper ads
they believe oklahoma is representative of middle america (bible belt, rural, etc)
they have test marketed based on demographics

President of Company is August Lentricchia
CEO is Richard Cohen
I spoke to Richard Cohen over the past few weeks as I gathered Due Diligence.
Major news out Wednesday which will determine the whole direction of the company

GPIP started trading about 2 years ago when it became public, started at $2 then moved up to $2.75, due to aggressive marketing with their main public relations guy who literally died, and he was responsible for most of the volume

here is the number of shares and he said he can be quoted:

1.8 million issued
1.2 of that is restricted
583 thousand in the float

look at the april news release
Ray Korotie is still involved with GPIP
he is expert in his field with multilevel marketing


**One of the market makers shorted this stock a long time ago at 12 cents(when it was trading at $2.75)
**one of the market makers currently on GPIP now has inventory bought at $2

Transfer Agent is Nevada Transfer & Trust
702-322-0626

On Wednesday there will be MAJOR news
I called to confirm this three times
Richard Cohen said he is "entirely confident" the news will be out Wednesday.

GPIP has been dormant for some time, but I saw it waking up, so that is why I began the due dilligence.

Child Grip markets a product for helping to finding and identifying missing children. The test marketing is over, and I am told big things are about to happen. It was also "implied" in the conversation that GPIP will be asset heavy soon. No further details. You need to do your own due diligence. be sure to visit their web site and request a DD packet from the company.
This is NOT a recommendation to buy. I am simply sharing the DD.