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The financial statements are not slightly fraudulent:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163108872
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163105182
There is not the slightest credible evidence that Greg Mitchell has acted fraudulently.
None.
Good companies work with what they have and strive to succeed, with integrity.
We have forty-five days to the first of several restaurants in a well-ordered state, post-covid.
The funding is unambiguously good news.
Not a "statement of fact," as if the phrase was from God and had a single meaning.
"Toxic" is a perspective that might apply or might not. We don't know the details of the overall detal, and in any case the phrase doesn't apply at this time.
The man of integrity needed funds.
Minimizing the integrity of Greg Mitchell does not make acceptable a silence about the questions raised here:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163108872
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163105182
ROFL
That's unresponsive to the questions and issues addressed here:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163108872
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163105182
ROFL
The financial statements were for 2018 and forward.
They were not slightly fraudulent for reasons given here:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163108872
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163105182
For new onlookers:
The funding recently announced is unambiguously good and is "toxic" (if at all) only in the case of default. The CEO (Greg) is striving to make lemonade out of lemons, and most everyone here is betting that he'll succeed.
Also false is the accusation of "fraud" as related to Greg's not having called out, in recent financial statements, whatever fraud occurred before he took over in 2018.
Here's why the accusation is false:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163108872
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163105182
Greg has kept his word perfectly.
Is not toxic if he can succeed, as many businessmen succeed: straddling between control and chaos. In this case, the bet is that additional funds will be present by September.
Is heroic.
https://www.trcp.org/2011/01/18/it-is-not-the-critic-who-counts/
Yesterday's news was unambiguously good.
I just finished reading "What are the Odds," which is a surprisingly good book by and about Mike Lindell.
The story of GrillIt could become a kind of parallel to the story of MyPillow.
Yes, we understand what happens IF that occurs.
"No, no, there is no 'if' here; and did I ever tell you that not shrieking 'fraud' in the 2018 financial statements is itself...."
Only time will tell. Meanwhile, GRLT is an interesting play.
The news is in keeping with what Greg had promised. PRECISELY so.
Is it realistic to think that the interest for these loans can be repaid from a small, growing business?
As Mick Jagger sang, "It's hard to tell."
Greg seems to have been careful and methodical so far and continues to give me a sense that he's a man of integrity.
As he strives to resurrect an enterprise, he says he has "no plan" to issue shares beyond the current ceiling or to execute a reverse split.
Miracles happen, so let's agree on the boldness of what Greg is trying to do. In any case, our mutual success is possible only by the grace of God.
I encourage everyone to be respectful of Greg's time.
He has a business to build.
When I read your post, the little voice said, "It's true."
"Enforcement action can happen even years later."
What is the statute of limitations? Whatever you reference is more than three years old and seemingly more than five.
In response to your expected response that "Greg was committing fraud by not mentioning fraud in the 2018 filings," I'll say as follows:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163108872
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163105182
Yes, cautious, and I thought to add a word to your sentence and to say that you wrote clearly enough to be understood in the first place.
The word I added was "new": new shareholders needn't explore what happened before Greg took over. The current status is the current status, and no insight can come from a review of the firm's history.
This isn't World War II.
"Everything prior to January 2, 2018 is meaningless to the NEW shareholders of GRLT," might have said cautiousoptimism.
It was obvious that those who lost money with the previous management felt the loss.
Greg's own writing seems to come from a place of intelligence and integrity and suggests that he's a man of substance, in touch with the divine spark.
The GrillIt turnaround could become a famous story.
On the unimportance of the alleged "fraud":
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163108872
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163105182
Do they always report on a Monday?
I saw this and thought, "Good news is coming"; and now I hear that the better response is to be upset that it comes on the last day.
Maybe they want to wait so they can tell as many magnificent details as can be told.
This is the second time in recent weeks that I reacted to negativity on this board with happy chatter. I might not be seeing the same movie as you are.
On the lack of importance of the alleged "fraud":
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163108872
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163105182
The accusation of fraud is likely without merit:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163108872
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163105182
As Mr. Mitchell likely never will fulfill your wish (for reasons explained below, it's in no one's interest, and he has no obligation to become a securities investigator or to report about an increasingly ancient history), my question is, "At what point in a continued demonstration of integrity will the moderators change the topmost content?"
Will we need to look at that stuff in 2030, in light of a chain of well-run food joints and contented shareholders?
Is there no redemption in the eyes of moderators, for a man who himself has done nothing wrong?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163108872
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163105182
At what point of demonstrated integrity will the topmost content of this investorshub board be changed to state the situation accurately?
We have a five-year lease on the first site, showing a long-term intent; a protection of the old debtors' claims; and a fraud-free company.
So what?
It is what it is; and what it is, is striving; an honest striving.
The answer to the unjust accusation of fraud is in the posts below.
Taking a firm public is expensive, as is one reason that reverse mergers are in use.
Perhaps someone with more experience would have taken a different path. Mr. Mitchell seems to have been motivated to avoid a loss of his own; and he might be working out a God-centric ideal that will be fulfilled in the years to come.
Whether Mr. Mitchell is wise to be resurrecting a company, many here perceive that he's doing exactly that.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163108872
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163105182
Whose cons? What is the evidence of connery, Sean?
USA Today mentions Virtra:
"'Taser training primarily focuses on how to operate the weapon, which is not good enough,' said Lon Bartel, a Taser master trainer and director of training and curriculum for VirTra, an Arizona-based company that uses virtual reality to replicate real-life scenarios for law enforcement officers.
“'You don’t just draw your Taser and fire,' he said. 'Sometimes it’s the right tool, and sometimes it’s not.’”
https://amp.usatoday.com/amp/7221153002
The interview was fine.
Bob didn't seem "smug" to me and was "evasive" only to avoid giving competitively sensitive details.
He might have been looking up to review notes or because a monitor is easier to look at than is the camera light on a laptop. Is better to look straight ahead, but that's a small criticism.
The uptick in recent days is likely from people who watched and said, "A good company led by a well-spoken entrepreneur."
Well done.
Thank you, TD.
"It looks to be a real long shot to be profitable."
That is a measured appraisal of a business deal and not a calumny on a good man.
People here are investing on the OTC because of the possibility that, by grace, Greg Mitchell fulfills a series of long shots.
They've already reduced the share count.
AWGI has less than 2.4B shares, and the only preferred shares ("series Z") provide extra voting rights and no conversion to common. Is a pretty good structure, yes?
However, I don't really understand the history of Paul Moody deals not doing a reverse split. Isn't the future treatment of the common shares up to the people who take over the company by a reverse merger?
Why do people believe that current shareholders won't be screwed?
A restaurant often treads water during the first year, with subsequent years showing the benefit of a stable presence.
A common problem is that the renter seeks to raise the rent each year.
Not in this case.
A 5 year 3 month lease is quite a long one; a forward-thinking event.
An authentic step forward, as promised.
CoderTrader, yours was a good post on a good day.
I'm not signing in to see a video, but isn't this the hero cop who protected one girl from being stabbed by another? Sounds as if the cop couldn't have done any better, unless he was close enough to use a taser.
As someone else pointed out recently on this board, a big selling point for Virtra is to train muscle memory in a high-pressure environment. So, yes, you would think that police departments would be searching for Virtra now more than ever.
Investors are also thinking about the company-changing military contract, which will be here any day now, or maybe any decade.
My impression remains that Greg is honest and is trying to fulfill a larger vision from which he and fellow shareholders will benefit.
During the next weeks (say, by May 31), we'll likely have news on Florida openings. If not... it was a stillborn deal.
Am not sure what you're saying but believe that it would be better as a haiku.
On March 29, cops shot a Chicago kid who gave up the gun. Now the video is public.
“The juvenile offender had the gun in his right hand... looked at the officer which could be interpreted as attempting to acquire a target and began to turn to face the officer attempting to swing the gun in his direction. At this point the officer was faced with a life threatening and deadly force situation. All prior attempts to deescalate and gain compliance with all of the officer’s lawful orders had failed.”
Maybe the shooter also was triggered by the words on the kid's shirt: "Just Do It."
You support the police in part by giving them intensive and repeated training.
https://apnews.com/article/adam-toledo-chicago-police-shooting-video-0777ebc110898733ee78b91311d71a71
Question 1. What is the response to "de minimis non curat lex"; to the notion that not mentioning fraud in the 2018 filings is a trivial matter?
Question 2. Isn't it possible that to have alleged fraud in the 2018 financial statement would have opened the resurrected company to a new set of legal challenges?
Question 3. Fraud requires a victim. Who was victimized by Greg's not mentioning fraud in the 2018 filings?
Question 4. Could it be that Greg started the effort mostly to clean up the fraud that had been done to him and that he now sees the effort as a heroic burden; in Christian terms, as his cross to bear?
Question 5. In short, could there be far more love in this story than depravity?