Grillit Inc (GRLT)

[kentonmag1]

All the shareholders as of August 2013 in Grillit received 4 new shares for every share they held, however under the terms of the share bonus (which is really a share split) those shares can't be traded until August 7th 2014.
I can almost guarantee that on that date the share price will dive by 80% so if you buy a Grillit share today for $1 and the price is still $1 on August 6th 2014 that once the "new" shares are allowed to be trade the following day the price will drop to 20 cents. That is ok for everyone that receive the new shares but for people buying today they don't get the new shares and your holding will devalue bigtime.