Giggles N'''''''' Hugs Inc. (fka GIGL)

[DeltaWarrior]

gigl = ...has been saying the same type stuff for 9 years,, and now they only have 2 Restaurants instead of 3,, and a Lawsuit against them!

One restaurant was closed for a $800 mil dollar + renovation project in the century city mall. We will be back once renovations are complete READ BELOW

Scoping Out the Westfield Century City Expansion
Aerial images showcase progress on the $800-million project.

Aerial images captured by architectural photographer Hunter Kerhart showcase progress on the $800-million expansion of the Westfield Century City shopping mall.

The project, slated to open in phases starting in 2017, will add 422,000 square feet of shops and restaurants to the flagship retail center. Prominent new tenants will include a three-level Nordstroms, a remodeled Bloomingdale's, a new Macy's and the first West Coast location of the Italian market chain Eataly.

The Westfield expansion is among the most prominent of several major developments surrounding Century City, including a $300-million luxury apartment tower, a new Waldorf Astoria hotel and the proposed One Beverly Hills. Immediately south of the mall, the $2.5-billion redevelopment of the Century Plaza hotel is on the cusp of beginning construction. To read more click on the link below

http://urbanize.la/post/scoping-out-westfield-century-city-expansion

The arbitration with St George is nothing, READ BELOW

The company is in default with St George because we are at a disagreement, just see the statement from the 10-k below. In fact, our company revs/sales/exposure continues to grow year over year so I'd say we are just fine

Also, let's keep things n perspective here as we only owed them:

During the fiscal year ended January 1, 2017, the Holder converted $81,300 of debt into 9,261,973 shares of Common Stock. In addition, the Company paid $20,841 of the principal balance. The balance outstanding as of January 1, 2017 was $183,359 plus $3,981 of accrued interest, and is past its maturity date of September 15, 2016. <--- Not as if that little amount of cash will have a drastic effect on the $GIGL pps. St George is practically irrelevant, this is a SHORT attack on $GIGLs pps, PERIOD

ITEM 3. LEGAL PROCEEDINGS

St. George Investments, LLC v Giggles N’ Hugs


On March 23, 2017, St. George Investments, LLC ("St. George") served an arbitration demand and summons claiming that the Company had breached its obligations under a convertible note by preventing St. George from converting the remaining balance of the note to common stock. The parties disagree as to the conversion price set in the note agreement due to execution by the parties of different versions of the document. St. George has claimed for additional damages. We believe these claims lack merit and have retained counsel to vigorously defend this action and present cross claims for mistake, rescission, breach of the covenant of good faith and fair dealing and unjust enrichment (See Note 6).

https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11997236