Replies to post #7967 on Grillit Inc (GRLT)

[236T568]

Not surprised

and why is it not surprising?

because this is what scam companies do!

From August 15th 2013 please read when the share price was $3.66, pay particular attention to the 2nd paragraph where it states it has 2 corporate stores and has signed 3 new franchisees in the last 3 weeks alone. Now tell me how you can believe anything the people in this Company say. It was all BS then and nothing has changed.

[traderfjp]

At $3.61 the company was overvalued. No doubt about that. There were two corporate stores at the time. One closed due to poor location and not getting all the kinks worked out in the Franchise model. This is often the case with new companies that want to go nationwide. First you open a corporate store, work out the kinks and then go nationwide. They stumbled a little and the share price plummeted from around 6.00 to less then a penny. Now they are back on track and signing up more franchise locations everyday. The stock is way oversold, imho. I've seen many stocks with triple zeros in front of them to later run to a dollar or more. THAT IS HOW YOU GET RICH OR LOOSE A LOT OF MONEY. I have no idea what will happen with GRLT. I know you will never make 40% in a day or loose that much in a day. I like the story, concept and management. I feel that it will finally reach or test the bottom and then the stock will eventually make a huge run higher. Remember the officers of this company hold millions of shares that are not worth much so they are working hard to get the PPS up.