Griffin Securities UK was established in April 2004 and is still largely, but not wholly, in the early stages of its development. The objective is to establish an indigenous UK private client broking/investment banking firm in the UK. It will broadly offer in the UK the kinds of services now offered from New York by Griffin Securities inc. to a comparable UK client base of private investors and small cap. corporate customers. These will focus largely on the AIM market and its regulatory framework which will make operations to that extent, distinct from those in the US. The difference in small cap market culture is expected will give Griffin Group something of a creative edge to its operations.

To date, Griffin Securities UK has actively pursued a policy of acquiring AIM shell companies into which selected private businesses have been reversed. It is a style of small cap corporate business that appears to make the best economic use of the AIM market. Griffin Securities UK takes significant investment in AIM listed shells and builds capital and shareholder funds by taking profits when the opportunity arises. Stephen Dean and Griffin Finance Director Vincent Nicholls FCA are the authors of these operations in the UK.

Have you read the accounts? Griffin Group is run be Stephen "el-Lardo" Dean, a person with links to illegal foreign boiler rooms, who has been criticised by the Takeover Panel and who basically runs a business of screwing over shareholders.

See: http://www.thisismoney.co.uk/news/columnists/article.html?in_article_id=396298

And: http://www.thisismoney.co.uk/news/columnists/article.html?in_article_id=397988

el-Lardo is in the business of making money and his business is making money for himself, last year he paid himself the grotesque fat cattery sum of 2,739,470! Yes, you're not reading that incorrectly, he paid himself 2.7m, even though the total net assets of GFF are only 1.9m.

For more on Stephen Dean take a read of

The Dean factor, why you should avoid GFF
http://boards.fool.co.uk/Message.asp?mid=9722324&sort=whole

You would have to be mad to buy any company that Stephen Dean is involved in.