Grillit Inc (GRLT)

[cautiousoptimism]

I wonder how many $GRLT Investors are familiar with Honeycomb Crowdfunding,
and understand how the program works?

I was not, and did not, but I have done some research.

Did you know?
Every small business must go through a detailed application and due diligence process prior to posting a campaign on Honeycomb.

All of these documents are reviewed carefully by the Honeycomb team and are made available to potential investors through the campaign page and the accompanying Form C.

A Form C is an investment prospectus that is filed with the Securities and Exchange Commission.

When you contribute to a campaign you are making a loan to the company:
Most of the investment opportunities listed on Honeycomb consist of fully amortizing Promissory Notes with a three to five-year term. These are simple debt instruments that, assuming the business pays as agreed, offer predictable, recurring income streams over the life of the loan. Win/Win

Businesses make monthly payments into a secure, third-party account which are then distributed to investors each quarter. Win/Win

Every nickel of principal and interest is paid back to you, the investor. Win/Win

https://www.honeycombcredit.com/post/understanding-honeycomb-investments

Bottom Line (in my opinion):
Contributing to the GRLT campaign is a GRAND SLAM HOME RUN
Loaning money directly to the Company for building future growth.
Receiving Quarterly returns.
Eliminates the need for additional tranches from Mammoth Corp.
Consider it, Supplemental insurance against a reverse split and dilution.

Lastly, in the upcoming days we will announce details about our Crowdfunding Campaign projected to raise significant cash to continue our growth strategy. If successful, this could raise enoughh cash to fund 4-5 additional locations for 2022. This aligns with the strategic plan that was announced earlier this year to grow through the issuance of fixed rate bonds. We have been unyielding in our approach that we WILL NOT be doing a reverse split and WILL NOT be authorizing additional shares to grow the company.

Its going to be an exciting and long-awaited 4th Quarter for GRILLiT where we start generating revenue from our operations we have been building. This will position us for an even more exciting 2022.

So, from my point of view:
For those of us who already hold multiple millions of shares it makes more sense to contribute directly in to our future growth than to keep throwing money in to the brokerage account when we know it will be the success of this company that finally drives the stock value higher.