If that is true, then YOU ABSOLUTELY SOULD NOT USE GF99 to determine when to come shallower. Switching to pure O2 does not instantly reduce your risk of bubble formation/DCS. It does instantly increase your rate of off gassing.
I was under the impression that GF99 was the equivalent of instantaneous GF at current depth which depends only on current total ambient pressure, not inert ambient pressure. If it based on ambient inert partial pressure then it is only useful to determine off gas rate, not safe depth.