Grillit Inc (GRLT)

[kentonmag1]

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.