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lots of expectations tomorrow. Any coments?
GRILLiT Executes Franchise Agreement for First Store Location in Texas
PR Newswire - Tue Apr 21, 8:00AM CDT
MIAMI , April 21, 2015 /PRNewswire/ -- GRILLiT, Inc. (the "Company" or "GRILLiT") (OTC Pink Markets: GRLT) today announced that it's master franchisor in Texas has executed a franchise agreement with Grillit Round Rock, LLC for the store location in the Greenlawn Crossing Shopping Center in Round Rock, Texas (previously announced on January 28, 2015 ).
"Our master franchisor in Texas , led by Bill Roberts , has done an excellent job of identifying and securing our first franchisee in the state of Texas ," said GRILLiT CEO, Ghazi Hajj. "We received the full $25,000 franchise fee, we expect the definitive lease to be executed very soon, and the entire funding is in place to begin construction."
The restaurant location in Round Rock, Texas is approximately 20 miles north of downtown Austin, Texas in a high-traffic shopping center anchored by an HEB grocery with several national chains such as GNC and Orangetheory Fitness. The corporate headquarters for Dell Computer Corporation lies directly across the highway less than one third of a mile away. The space was the only vacant space available in the shopping center and was formerly occupied by Starbucks, which moved to a stand-alone location within the same shopping center.
About GRILLiT
GRILLiT (GRLT) is a growing Latin-Caribbean fusion restaurant concept that marries fast casual to nutritious and healthy food. The company opened its first location in Miami in 2011 and specializes in chef-inspired custom crafted rice bowls, pasta and wraps as well as salads. GRILLiT utilizes domestic growers and delivers healthy cuisine using only fresh proteins, such as never-frozen chicken and grass-fed organic steak. Restaurants offer an inviting and comfortable atmosphere with an open kitchen and contemporary, industrial design. For more information, visit www.grillitinc.com or www.handtbrands.com .
Forward Looking Statements:
Statements in this press release that are not purely historical facts, including statements regarding GRILLiT's beliefs, expectations, intentions or strategies for the future, may be "forward-looking statements" under the Private Securities Litigation Reform Act of 1996. Such statements consist of any statement other than a recitation of historical fact and can be identified by the use of forward-looking terminology such as "plan", "may", "expect", "anticipate", "intend", "estimate" or "continue" or the negative thereof or other variations thereof or comparable terminology. The reader is cautioned that all forward-looking statements are speculative, and there are certain risks and uncertainties that could cause actual events or results to differ from those referred to in such forward-looking statements. This disclosure highlights some of the important risks regarding our business. Specifically, the reader should not place undue reliance on statements regarding our retained consultants to increase franchise sales in their targeted franchise markets. Additionally, there are number of other risk factors relating to our business more fully explained identified by us in our filings with the OTC Markets, which are available through http://www.otcmarkets.com .
LVVV is the latest pick at Pennystocks weekly (i just read it on the yahoo message board) if anyone can verify it. It would be nice.
Source: SEC
If the timing of the Apple announcement was not material, executives should have held their shares. The sale is a small amount, but holding the shares would signal that management was confident the value of the company would rise.
2) Update on Merlin initiative
On its Q2 conference call on August 5, the CEO indicated that the response from partners and potential customers for Merlin was strong. During the quarter, the company successfully completed the performance, safety, and quality testing phase. GTAT shipped samples to several customers and was in active discussions with them. There is a high likelihood that the company will announce signed deals with them on September 29th.
Merlin offers great potential for revenue that current shareholders are ignoring due to the iPhone-sapphire disappointment. If 20 percent of the PV market adopted Merlin, it would mean $1 billion in revenue for GTAT.
3) No major update on Hyperion initiative
Hyperion is a tool that is involved in producing ultra-thin sapphire, silicon laminates, silicon carbide, or templates. GTAT thinks it could get its first order for BNCT Hyperion accelerator in 2014. However, a commercial deal probably will not happen until later in the year.
4) No change in earnings guidance
To the surprise of many bears, GTAT may not lower its non-GAAP forecast of $1.50 per share for 2016. Revenue from all initiatives will be more meaningful in 2015. It is possible that the company will lower 2014 revenue estimates, but unlikely. Still, this would happen if a delay from producing sapphire at high enough yields was one of the reasons Apple delayed the release of its Apple Watch.
Investors should expect product delivery in Q3 and Q4 to materialize. This means that while Q3 may meet forecasts, Q4 will be even stronger.
5) Re-affirming healthy balance sheet
To re-assure investors, GTAT may reiterate that it has a healthy balance sheet. The company forecasted $400 million in cash by the end of this fiscal year.
Bottom line: sapphire a 2016 story
Investors are understandably disappointed GTAT is not supplying sapphire for iPhone screens. Manufacturing and ramping up production of the material takes time, but Hyperion and Merlin are even more meaningful for the company. Sapphire was unusually a higher percentage of total revenue (at 80 percent). This will not be GT Advanced's revenue mix once development for its other products complete and are ready for shipment.
Ironically, the stock might rally on no new news for sapphire. Speculators who bid the stock will take a loss. Investors with a one to three-year time horizon will eventually reap the reward.
Calm before the storm (good or bad) who knows... I hope and i have the feeling this stock is going up. I don't think this prices are going to stay this low for too long. I really hope so, i'm loosing 60% of my investment, being here scince last october.. Good luck to everyone... Where is Yeardman?? I like his reviews and comments on the stock.
GTAT is a great stock to invest in. Specially at this levels. They have other revenue streams, serious company & management. It will go up if not tomorrow in a couple of days.
Good luck!! See you at the 20's sooner than you think
Which do you think it would be the bottom price?
Go LVVV!! Soon we will be watching TV ads on important TV channels. don't forget about that...
It means lower production costs for extraction and production of CBD, partnership with an ongoing successful business, getting in one if not the most important market in the world, it means we have way more exposure to international markets, it means a very important step fir the future of the company. And "yes" i beleive in Bill, a lot of you where trashing and saying they don't care about the business and I think this shows they have being working hard (intl. partnership, website, production for the commercials (tv ads) which will be airing soon i bet) and these are just the things we know. It's that everything needs time to execute and do things right.
imo
Why such a low volume ?? with this EXCELLENT NEWSSSS. I think people haven't realize what this means for the company
What's going on????? Come on LVVV
Stay long!!!
Thanks, I'll wait.. i'm long here. I'm sure there are going to be good news anyways!!
Why such a low volume? This stock is undervalued it should be moving up with larger volume
Go LVVV!!
Im staying Long. here scince the 0.030's. Solid company and excellent management
Don't worry is going to be green tomorrow
Go LVVV!!
GO LVVV!!!
Real company with real and innovative products, nice share structure. Company driven by a serius business man and a team that is working hard to achieve their business plan. Go LVVV!! By the way nice article on seeking alpha Doc.
Go LVVV!! It's a buy. Great company, excellent product we should see 0.050's and up very soon. If I had more $$ would buy more.
Thanks Yardman, Doc, and everyone that is doing such a nice job promoting the product and even distributing to different stores.
Go LVVV!!! Waiting to see what this new year brings us. I think we have a really awsome stock, and The mangnt team is going in the right direction, just waiting to hear from them very soon... Pretty sure more good news are comimg.
Just added some more yesterday and today. No more cash lets wait and see. Great Company Go LVVV!!!!
Go LVVV!!
Go LVVV!!!
Why is LVVV with such a good 10Q and such a good PR + the awsome job that most of you are doing on research and spreading the word is trading in such a low volume. A couple of weeks ago was trading on the millons of shares and we did not have all this good news. What are investors waiting for?? Can anyone explain the reason for this. Or We just need patience here and wait still??
It should go green after the report. Well lets wait and see
Why isn't the stock moving?
Good morning to everyone that follows this message board - LVVV we are hoping for a nice green day today. Lots of great news, it's obvious the product is selling and peolple like it. Go LVVV!!!
Yes I'm out of cash too, will like to add some more. I really believe in this product and I think they are doing a great job. Let's hope is on the 0.060's in a couple of days. and when they report earnings we should get to the .10s and even higher
From what i researched and could see from the product and its quality- defenetly is growing - agreed
No! really looking for .050's or .070's but i really think the stock is worth way more than that. I think is just a matter of time
It will go up to the .030's pretty fast. You'll see, its a good product that really exists and sales. Growing with sales just need to have a little patience... But eventually will go up
Selling on amazon you can check it out by youtself.
I'ts a good product with a good market for it.
WTER ready to bounce
$WTER should bounce today
WTER - what to expect from this point?