Grillit, Inc. (GRLT)

[traderfjp]

Update from Ceo was interesting. He said, "I am happy to announce that effective Monday November 9th, significant progress has been made to GRILLiT, Inc. to resume providing quarterly updates of our financial statements with the intent of being current on financial reporting requirements by December 31, 2020."

We will know at the end of December if plans are real and we go forward with creating stockholder's value.

Also,"GRILLiT, Inc. continues to work developing restaurant concepts and building partnerships that will enable us to grow as a development stage restaurant incubator in the Tampa and Boston Markets. We continue to solicit partners that will come alongside us to develop the original vision of GRILLiT as well as other opportunities with the intent of bringing additional shareholder value to GRLT."

The CEO is actively looking for a partner who wants to be part of a public traded company and resurrect the original concept. This stock could easily run to .10 if this happens and we start opening restaurants. Even one.

Next- "have the confidence that we can continue as a viable company. There will continue to be challenges ahead as we work to become financially stable as well as overcome the damage Covid-19 has created in the services/restaurant industry. I also believe in the original concept of GRILLiT and look forward that we will be able to create value out of GRILLiT and will continue to develop additional opportunities for new businesses to emerge going forward. I look forward to steadily growing GRILLiT Inc. for years to come." - Greg Mitchell."

These are powerful statements. I don't think this guy would bother spending thousands on accountants and keep this ship afloat if he didn't have big plans. I will keep my shares and hope to hit .10 although .01 would be a nice start. Covid 19 doesn't help at all but it gives him time to figure this all out and once the vacancies are delivered and administered I think we will be doing really well with GRLT.