Grillit Inc (GRLT)

[kentonmag1]

I've been ultra critical of GRLT ever since shares peeked at over $5, with 37 million shares in circulation giving a market value of close to $200 million. That was only around 18 months ago. Today there are around 96 million shares trading at .003 cents giving it a valuation of less than $300K, how times have changed.
For the rest of the year I still believe there is downward pressure, I know if I had owned this since the start of the year I would be looking to sell before year end and get my capital loss to offset against any capital gains for this year.
Beyond this year I'm on the fence down in these prices since it does have a legitimate business, which is more than most Pinkie P&D's have. So for a minimal price/stake there could be a decent chance of a ROI, even if it got back to 2 cents from todays price thats almost a 700% return. If you like playing the tables in Las Vegas, Grillit could be for you.