Grillit Inc (GRLT)

[kentonmag1]

Grillit statements from Friday 6th September

All shareholders of GRILLiT, Inc. owning common shares on the record date of August 7, 2013 shall receive four (4) shares of GRILLiT, Inc. restricted common stock for every share held by such shareholder. For example, if a shareholder owns 10,000 shares of GRILLiT, Inc. common stock at the close of business on August 7, 2013, that shareholder shall receive 40,000 additional shares of GRILLiT, Inc. restricted common stock, giving that shareholder a total of 50,000 shares.




The dividended common shares will be "restricted" as defined in the Securities Act of 1933. Rule 144 allows for the public resale of restricted securities only if certain holding period and other conditions are satisfied. The start date for the holding period for the dividended shares shall be the record date of August 7, 2013, and the holding period is one year.