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Re: sunspotter post# 6615

Wednesday, 01/15/2014 7:49:40 AM

Wednesday, January 15, 2014 7:49:40 AM

Post# of 30014
Not sure how long you have been following Grillit but for your information all holders of shares, on or around, August 6th 2013 received 4 extra shares for every share they held (on Paper). However those shares are not able to start trading until August 7th 2014. So those people holding now are getting rid of what they own as from the 7th August this year there is basically a 4 - 1 split taking place because there will be 400% more shares in circulation for trading. Savvy investers now this however the Newbies will get slaughterd. Anybody buying shares after last August WILL NOT get the extra 4 shares on August 7th 2014, but they will suffer the dilution, in the shares value, when the new shares trade.