Grillit Inc (GRLT)

[kentonmag1]

For your sake I hope you are correct in your assumption. My take is if the current market valuation is approx $14 million, why would the valuation go up to $70 million just because they have added 400% more shares. To me that is a 4 - 1 split, bonus shares or not. so all those extra shares are then devided into the same $14 million valuation of the Company. By my calculations that would value today's shares at around 6 cents at todays price.