Replies to post #27452 on Grillit, Inc. (GRLT)

[Snizzle]

“("GAB"). The purchase price for the acquisition is $36 million, paid in Company's common stock. “


If the shares were restricted then it would say restricted. Where is it that you see the wording “restricted shares” or is it just pie in the sky false narrative bs?

[tdbowieknife]

It doesn't say that. It just says that it will be paid with common stock. Some of it will likely have a one-year restriction. I very much doubt that all of it will. There will be billions of shares for them to dump.

This is what GAB says... And what the heck is with ALL the misspelling???

CEO of Global A Brands Manny Lopez stated "We are excited by both the progress of our portfolio over the last twelve months and being able to idenitly a liquidity point for our shareholders by mergeing with Grillit. We believe there are number of complimentary synergies between the both companies and the repective management teams. Consolidaing with a listed Company also gives the group the ability to acquire further revenuse generating businesses and easier access to capital market to drive our investment and growth within our portfolio".

https://www.otcmarkets.com/stock/GRLT/news/GRILLIT-ANNOUNCES-LEGALLY-BINDING-TERM-SHEET-TO-ACQUIRE-GLOBAL-A-BRANDS-INC?id=362506

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Buyer Beware






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[Snizzle]

So now Mitchell is doing great jobbies? Just a week ago you stated-


“Mitchell just get out of the way,and let your G/M run this....IMO You suck and blow”


How confusing huh?