Replies to post #19701 on Grillit, Inc. (GRLT)

[cautiousoptimism]

In rebuttal to this distorted and deceptive claim posted in the Intro Box:

New "CEO" has NOT disclosed the many years of fraud grillit was used to commit.

https://www.otcmarkets.com/stock/GRLT/news/Financials-Released-and-Current---GRILLiT-Inc?id=283940

Excerpt:
Previous 3-year summary

The year ended December 31, 2018 was spent collecting financial documents, reaching out to previous management, contacting companies like TCA for supporting documentation, researching numerous subsidiary companies in multiple states, reviewing bank statements from banks in Florida and Oklahoma, implementing a new accounting system, validating debts with individuals and companies, and researching numerous other transactions that happened under the previous management. We develop a plan to get our accounting systems reconciled and plan to outsource the accounting to a nation firm so that financial statements can be audited in the future.

The year ended December 31, 2019 we knew there was a pathway to profitability and determined our priority was to go keep the GRILLiT franchise as the foundation of our future after the multiple previous failed attempts in Oklahoma trying to revive failing restaurants loaded with debt and cash flow reliant on additional debt. The plan was to get cash flow positive in as short a time as possible, and the capital structure of The Pretzel Haus is at the foundation of that model due to the minimal upfront capital needed to open a location. In December 2019, I moved from Tampa to Boston and I pitched our new business plan to more than 5 different PE firms with the hopes of landing a long-term partner in early 2020.

2020 was not kind the launching a new business strategy, especially a restaurant business, and delayed our announcement until today. In November 2020 I pitched our business model to a Corporate Bond Broker based in San Francisco who could possibly attract capital that would be non-dilutive to our shareholders utilizing a new crowd funding model specific to small company corporate bonds. . We have a follow-up meeting scheduled for January as they liked our business model and especially liked the Pretzel Haus vision.

I believe my actions speak for the past 3 years speak for themselves. There has been plenty I wanted to share, but ultimately, I help nobody by living in the past and spending all my time and energy chasing poor decisions made by previous management and people who had their own interests at heart. Any legal proceedings would cost hundreds of thousands in legal fees and consume 100% of my time that I dont have, and any resolution would be years away. I do and have cooperated by answering any and all questions posed to me by State Attorney Generals, the SEC, the IRS, and any other regulatory authority who asks. The SEC has gone after and successfully convicted multiple people trying to eliminate the toxic environment that surrounded Penny Stocks. My family was one of the families permanently hurt by this industry. Our current strategy is to leave the legal proceedings to taxpayer funded entities and be transparent with all shareholders and the common public which is easier now that we are current on our financials. I will be seeking additional people to create and fill out a diversified Board of Directors of GRILLiT who agree with and can support our strategic vision. These plans will take time, but we have a new start. My personal financial support every month since January 2018 is reflected as an investment into the business on our cash flow statement that successfully helped us get GRILLiT Inc. current with Pacific Stock Transfer, The State of Nevada, The State of Massachusetts, and we now have a viable entity for all our shareholders. Have a great holiday season and I look forward to a prosperous 2021 for all." Greg Mitchell



CONTACT:

Greg Mitchell - President

E-mail: [e-mail]

Greg Mitchell has kept his word, and continues to deliver for his shareholders!

[tdbowieknife]

No matter how it's spun, Greg STILL said this...

I then dug in and uncovered a ton of misrepresentations of the company. The level of fraud is amazing.

and..

will not cut one check to these thieves who have taken approximately 4 million dollars from people

Then Greg made NO mention of the fraud and theft in the disclosure statements. Greg is no different than the previous cons and has now committed fraud as well.

.


Buyer Beware

Frontload Scam




''

[crazy horse 0]

cautiousoptimism Post CH0 I wish to post a rebuttal to the misrepresentation of my correspondence with Gregory Mitchell back in January of 2016.
(Yes, that would be OVER 5 YEARS AGO!!!)

I feel it is very important to explain how deceptive that lead in to the 'Intro Box' actually is. There is context around that correspondence that has been intentionally excluded for the purpose of deception! It would be great if the Intro box could be updated to include.

So let me point out a few things to begin with:


To close this out, I cannot say it enough!
Greg Mitchell has kept his word, and continues to deliver for his shareholders!
He is doing is exactly what he set out to do!


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=164231068

[crazy horse 0]

Done in the I-Box cautiousoptimism Post CH0 I wish to post a rebuttal to the misrepresentation of my correspondence with Gregory Mitchell back in January of 2016.
(Yes, that would be OVER 5 YEARS AGO!!!)

I feel it is very important to explain how deceptive that lead in to the 'Intro Box' actually is. There is context around that correspondence that has been intentionally excluded for the purpose of deception! It would be great if the Intro box could be updated to include.

So let me point out a few things to begin with:


To close this out, I cannot say it enough!
Greg Mitchell has kept his word, and continues to deliver for his shareholders!
He is doing is exactly what he set out to do!


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=164231068