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Any news has been lies for the last 2 years. And nobody holding this long has ever made money.
All this shock and awe BS this morning and not even 5K worth of buying in the first hour. Talk about flogging a dead horse!!!
So much for the amazing day GRLT was going to have according to the BS this morning ha-ha. I Will be getting filled at .0001 before much longer wink wink.
Looks like the pumpers want to get it for 3's, 4's and 5's but nobody wants to be the person paying the 7's, 8's and 9's. Until people put their game faces on this is going nowhere.
Lol - you remembered
All this morning hype has created $700 of trades as of 10:05. So much for the splurge that was going to happen today lol.
I'm in at 1's and that is an over evaluation of this POS.
As previously mentioned when it gets to .0001 I'll buy half a millions shares for $50.
Posted on many scams/boards in the past, some scams I bought into and some I didn't. I don't, and never have owned GRLT. The whole penny/sub-penny scene is corrupt at the moment and after 35 years of investing I'm predominantly on the big boards at the moment.
To take advantage of the Pinks you really need to devote the time now more than ever and I don't have that time presently, however I do have a basket of Pinks that I keep an eye on but GRLT is the only one I'm currently blogging on.
Not again!!! GRLT has had more false starts than in a full NFL season with the Tampa Bay Buccaneers
Pick a number, the last time they increased the float from 96 million to 306 million and it was 4 days before anyone knew what had happened. All of a sudden GRLT started trading 30 million shares per day with the price dropping. It could only have been insiders whacking all the bids with their new bits of shitty paper.
As for the new restaurant opening next month, don't get to excited. Over 2 years ago GRLT came out with their 5 yr plan, this entailed having a total of 78 outlets by the end of the 5 years, of which approx. 33% would be wholly owned by GRLT and approx. 66% would be franchised owned with GRLT claiming a $25K start-up fee and a 4% yearly return on revenue for each franchise. In the 2 years since then they have opened one restaurant and closed another so they still have the same number of restaurants as they had back then.
This POS is certainly not for the faint hearted.
"brewing" to the tune of $58 in total trades today.
"Brewing" 4 million shares at .0005, I would stay it's stagnating?
A "blast" of what?
You've scammed yourself by investing in this cr-p
Well after Fridays collapse to another all time low of .0003 I think it's about time to get my bid in, as promised, at .0001.
.0001 is looking good, sooner rather than later.
Well the ask is back to .0005 so you must be filling your boots??
Yes we have been watching what has been going on here and its been pretty stomach churning for a while now. GRLT has more bag holders than Macy's on black Friday.
Bounce like a water balloon.
How can you be sure, please read:
Dilutors
If you have been trading penny stocks for some time, you’ve probably heard the term “dilution” thrown around quite a bit. Dilution hinders a stock from running and can push the price down as well. Dilution is most noticeable when a market maker shows a certain amount of shares at a specific price, but sells much more than the amount shown (soaking up size). For example, VFIN may be showing 10,000 shares for sale but actually selling hundreds of thousands. When I see a market maker who is infamous for dilution on a level 2 screen, it is a red flag. Frequent dilutors include but are not limited to VFIN, VNDM, PERT, and VERT. I view dilution on a level 2 screen the same way I view a resistance level on a chart; price levels that will be hard to break.
just an article I read occasionally, it says it's difficult to know exactly how many shares these diluters are holding.
Can't help you on that one, I'm old fashioned and still do all my buying and selling through my broker. She's not happy when I'm playing down among the pennies, or in GRLT's case, in the sub-pennies.
Planning retirement in less than 4 years and an interactive trading account is on the bucket list.
Not yet, half a million shares at .0001 was my promise. That would mean for $50 I'd own .163% of the outstanding shares in GRLT.
.005 Still values GRLT at around $150K which is $149K more than it should be.
I'm sure you will lol.
.00049!! record lows again. I might have to eat my words since I said I would buy 500,000 shares for a laugh when it got to .0001? That's $50 of hard earned cash I might have to waste!!!!
The medium to fast food market is saturated and all the best locations have been taken by one franchise or another. If you have faith in your product then you have to go up against the big boys and that means building in those competitive markets.
GRLT has come up with excuse after excuse for not building during the last 2 years along with a bunch of far fetched predictions that have bore no fruit. The 2 actual outlets that do operate are no more than a front for a shady operation that is hoodwinking investors.
I have made the comment before it's no different to the Russian Mafia running a legitimate looking laundry business.
If you pull out of somewhere due to competition then you will build nowhere except in the middle of the desert. There are no good markets that competitors haven't built in and if you are not prepared to compete then you have no faith in your product or your planning. This is just confirming the demise of this POS.
$40 in trades today ha-ha
Just spent the last week in Las Vegas and thought I'd drop in and see if GRLT was making me eat humble pie by taking off in my absence. Not to be, it's taking even more money out of investors pockets. All time low .0006 what a POS!!
It's a different shape to Square rock?
Ok some examples please?
Wow what a statement. Rules of investing 101, If every Company diluted peoples investments then what would be the point of investing.
When a legitimate Company wants to raise cash they can invite investors, banks or other financial institutions to participate in a private placement. This means that most of the value of the existing shareholders PPS remains since that is new money coming into the Company that is paying for those newly printed shares.
When a legitimate Company wants to increase the number of shares trading, it is usually because the shares have become expensive and are not attracting the smaller investors. Those people already holding could receive 3, 4 or 5 shares for each one they hold and typically the PPS drops accordingly but the original holders have more shares so don't lose any money by it.
When a Con Job like GRLT just arbitrarily get the printing presses fired up and start producing millions upon millions of worthless bits of paper to sell to the market before people realize they have been printed then that is fraud. And if you look back a few months ago when all of a sudden 40 million shares were trading each day when indications were there that only 90 million shares were in circulation that was when the fraud happened. It took a few astute people writing on this site to notify everyone of the unfolding hoodwink that GRLT, and the criminals running it, had carried out. The amount of shares had gone up overnight from 90 million to 306 million and it was days before this was found out, certainly it wasn't in GRLT's interest to tell people.
Any "news" will be lies as usual. "Diluting" yes 8 million to 306 million in 20 months and a PPS from $5 down to .0008 in the same period.
The vast majority of stool pigeons who "just" got "here" got wiped out but there maybe some small ups and downs at these levels to make some loose change. However after "just getting here" don't fall in love, make it a couple of one night stands and move on.
Well we've got a head start on the golf course. Was hoping you'd beat the Canadiens.
8's back up Abandon ship!!!!!
Or the Toronto Maple Leafs
I heard they didn't get to the World Franchise Forum & Exhibition in Dubai due to unexpected problems. They couldn't thumb a lift beyond the Turnpike at Daytona Beach.
Not a good omen, over 10% of outstanding shares traded in 90 minutes trading and PPS down 30%. It appears yesterdays reversal was just a mirage?
Surely you wouldn't be talking about me Matticus would you? lol!! I've told you I'm buying 250,000 shares for $50 when it gets to .0002 but only for the nostalgia trip. The only thing I short are circuits at work?
Yawn, I think I'll go catch some flies with chopsticks.