Thursday, June 22, 2017 12:15:11 PM
GIGL Buy alert Fantastic Chart ready to break out again and Incredible DD below
Giggles N' Hugs is the first and only restaura[/img]nt that brings together high-end, organic food with active, cutting-edge play and entertainment for children. Every Giggles N' Hugs location offers an upscale, family-friendly atmosphere with a dedicated play area that children 10 and younger absolutely love. We allow Parents to be able to eat and relax while the kids have the time of their life. We feature high-quality menus made from fresh and local foods, nightly entertainment such as magic shows, concerts, puppet shows and face painting, and hugely popular party packages for families that want to do something special
Giggles N’ Hugs (GIGL) was rated among the best family and kid-friendly restaurants by CitySearch, GoCityKids, and Nickelodeon, Giggles N' Hugs (GIGL) has been voted the No. 1 family restaurant, No. 1 birthday party place, and the No. 1 indoor play space in all of Los Angeles.
With a float of 89mill and solid revenues and massive growth and instituiton funding on the way .50 - $1 is a very realistic projection for this ticker. GIGL is by far the best in their industry hands down
Recent News and SS:
Giggles N’ Hugs to Implement Fitness Fridays and Healthy Menu Items from Global Brand Ambassador Jillian Michaels
Giggles N’ Hugs, Inc. (GIGL), owner and operator of family-friendly restaurants that bring together high-end, organic food with active, cutting-edge play and entertainment for children, today announced that their Global Brand Ambassador Jillian Michaels – world-renowned wellness expert, business entrepreneur and mom – will launch Fitness Friday programs and introduce healthy new menu items for the Company’s locations. On June 28, NBCs Extra!, a daily national TV entertainment news show, will air coverage from the recent launch event featuring Michaels’ leading a functional fitness clinic and cooking demonstration for kids (check local listings for time).
“Families love Jillian’s approach to health and wellness so it makes perfect sense for us to incorporate her workouts for kids into our activities and some of her favorite recipes on our menu,” commented Joey Parsi, founder and CEO of Giggles N’ Hugs. “This is the first public event of what should become a series of major engagements with Jillian and the Giggles N’ Hugs brand. The exposure and media coverage that we have already garnered for this event is a testament to our brand ambassador’s popularity and her reach to millions of fans around the country.”
The kickoff event, which took place at the Company’s Topanga location on June 7, was designed to help kids and parents be more active and provided advice on healthy eating by demonstrating how to make Jillian’s healthy chicken salad wrap recipe which will be on the menu at all Giggles N’ Hugs locations. This event has already garnered major national press attention given that we are featured in the current issue of Us Weekly, In Touch , Life & Style and People magazine online.
Parsi added, “As we move forward with our expansion plans outside of the Southern California market, and the launching of our various product lines, the added exposure we anticipate in the coming quarters by working with Jillian should provide a big boost to our brand, setting the stage for solid demand as we enter new markets in the US as well as globally.”
https://finance.yahoo.com/news/giggles-n-hugs-implement-fitness-120000224.html
!!!HUGE NEWS OUT Phillip Gay nails down deal!!!
Giggles N’ Hugs Signs LOI to Open Its First International Franchise Locations in Bahrain
Giggles N’ Hugs, Inc. (GIGL), owner and operator of family-friendly restaurants that bring together high-end, organic food with active, cutting-edge play and entertainment for children, signed a non binding Letter of Intent (LOI) with City Scape trading (franchisee), a Bahrain-based hospitality company, to open up to two (2) Giggles N’ Hugs franchise locations in Bahrain with additional locations to come if successful.
Under the terms of the master license agreement, which we expect to finalize in the next few weeks upon standard closing procedure’s, Giggles N’ Hugs will receive up-front development fees for each location, as well as an ongoing royalty based on a percentage of monthly gross sales.
https://finance.yahoo.com/news/giggles-n-hugs-signs-loi-120000477.html
With the recent signing of celebrity brand ambassadors Jillian Michaels and Tia Mowry-Hardict, the company is ideally positioned to build momentum for its expansion. In partnership with DomainLA, a leading marketing and brand development agency led by Michelle Steinberg, Giggles N’ Hugs expects its brand ambassadors and CEO to be interviewed on national and local news, talk shows, business programs, and entertainment shows, creating significant visibility for the brand in the coming months.
Philip Gay, Chief Business Development Officer of Giggles N’ Hugs, and John Kaufman, President of Giggles N Hugs, will play key roles in the development of the company’s franchise operations and expansion plans. Previously, Gay and Kaufman held senior leadership positions with several highly successful franchising enterprises, including California Pizza Kitchen where both Mr kaufman and Mr. Gay worked together side by side as COO and CFO respectively, and at Wolfgang Puck Foods where Mr. Gay served as CFO, ultimately becoming its CEO.
“Given that we are one of the most unique restaurant concepts in the market with many revenue drivers, including licensing and merchandising opportunities, as well as an experienced management team in place, with multiple inquiries for franchises from around the world, celebrity partners and customers, and our relationships with some of the largest mall owners in America agreeing to provide us significant up-front cash in the form of tenant allowances, and now with this first LOI for a international master license, we expect to take the company to the next level of growth and expand throughout the country and the world”, concluded Parsi.
https://finance.yahoo.com/news/giggles-n-hugs-signs-loi-120000477.html
--------------------------------
Under the terms of the master license agreement, which we expect to finalize in the next few weeks upon standard closing procedure’s, Giggles N’ Hugs will receive up-front development fees for each location, as well as an ongoing royalty based on a percentage of monthly gross sales.
“This is among the biggest and most exciting news we have had to date and we expect this to be just the beginning of our expansion efforts,” commented Joey Parsi, CEO of Giggles N’ Hugs. “While working diligently on our funding needs, we are also aggressively seeking to expand our company owned and franchising initiatives, not just here in the USA, but as evident from this deal, internationally as well.”
Over the years, Giggles N’ Hugs has received multiple inquiries from interested parties globally for multiunit master licenses and franchises. The company is now set to begin discussions with these parties for future locations.
https://finance.yahoo.com/news/giggles-n-hugs-signs-loi-120000477.html
$GIGL Management in Bahrain to negotiate franchising !!
With the level of interest we’ve received over the years from potential franchisees from all around the world, now that the foundation of the company has been put in place, Mr. Gay will be meeting with parties, who in recent weeks, have expressed interest in acquiring a master license for multiple locations in Bahrain. Although no assurances can be given in finalizing any deals, we believe Mr. Gay's attendance could lead to significant new opportunities in the Middle East and around the world.”
http://www.otcmarkets.com/stock/GIGL/news/Bahrain-Restaurant-franchising--amp--Hospitality-Forum-2017-Taps-Giggles-N-rsquo--Hugs-rsquo--Philip-Gay-as-expert-guest-Speaker?id=158734&b=y
Company is in negotiations with QIC and Westfields to open 10-15 locations this year HUGE!!!!!!!!!!!!!
These are the companies GIGL is in negotiations with ask yourself what those companies see in GIGL
Westfields
https://www.westfieldcorp.com/portfolio/properties
QIC
http://www.qic.com.au/
GIGGLES N’ HUGS PARTNERS WITH WORLD-RENOWNED WELLNESS EXPERT JILLIAN MICHAELS FOR COMPREHENSIVE BRAND EXPANSION
Giggles N’ Hugs (GIGL) today announced a multi-faceted partnership with Jillian Michaels, the foremost fitness expert and renowned life coach. Through the partnership, Michaels will become one of the largest shareholders in the company and the global brand ambassador, bringing her wealth of experience in building world-wide businesses to the California-based family restaurant and children’s play space.
“As a businesswoman, I’m committed to aligning with brands that further health and wellness for people of all ages,” said Michaels. “Giggles N’ Hugs is the most fun space for families of all ages and I hope to help them expand globally so that countless other families can enjoy the same experience that mine does when visiting their restaurants and play spaces.”
https://finance.yahoo.com/news/giggles-n-hugs-partners-world-130000478.html
NO MORE CONVERTIBLES NOTES ALL FULLY CONVERTED
HUGE NEWS GIGL debt conversions over!!!!!!!!!!!!!!!!!!!!! - Giggles N’ Hugs Announces full Debt Conversion with Iconic
http://www.otcmarkets.com/stock/GIGL/news/Giggles-N-rsquo--Hugs-Announces-full-Debt-Conversion-with-Iconic?id=151366&b=y
Giggles N’ Hugs signs LOI with $1.4 Million of tenant allowances which covers the cost for the first Northern California Location
https://finance.yahoo.com/news/giggles-n-hugs-signs-loi-140000867.html
The company has received an LOI from a major mall owner and operator for a new location in the San Francisco maket where the landlord has agreed to pay up to $1.400,000 for the entire cost of the roll-out for the new space.
https://finance.yahoo.com/news/giggles-n-hugs-ceo-joey-143000545.html
Giggles N Hugs CEO, Joey Parsi Talks New Markets, Celebrity Endorsements, and Branded Merchandising
Their proven and unique restaurants attracts close to 10,000 individuals a month and as a result, the top three biggest mall landlords are working hand-in-hand with the company to assist in the expansions of their restaurants.
The company has received an LOI from a major mall owner and operator for a new location in the San Francisco maket where the landlord has agreed to pay up to $1.400,000 for the entire cost of the roll-out for the new space.
"During rainy days, our business revenues increases dramatically compared to regular days," said Mr. Parsi. "For us, we're looking at expansions into markets where we see extreme weather with more rain and colder areas."
In addition to expanding into new markets, Mr. Parsi said the company is also working towards celebrity brand ambassadorships thanks to their recent partnership with Michelle Steinberg of dOMAIN Integrated and Kidos Inc. Discussions are currently underway with some of the biggest celebrities in Hollywood.
"We're working hard to secure funding for additional company and franchised locations throughout the country, to launch our branded merchandising, and to bring in some very high profile celebrities to get our message and our story out to the world," said Mr. Parsi. "I'm very hopeful for 2017 and beyond."
To listen to the full twenty minute interview, please click here or the following link: https://upticknewswire.com/joey-parsi-ceo-of-giggles-n-hugs-looking-at-a-breakout-in-2017/
https://finance.yahoo.com/news/giggles-n-hugs-ceo-joey-143000545.html
Giggles N’ Hugs, Inc. (GIGL) engages Kiddos, Inc. and Michelle Steinberg of dOMAIN Integrated to Launch New Marketing and PR Initiatives
http://www.otcmarkets.com/stock/GIGL/news/Giggles-N-rsquo--Hugs--Inc---GIGL--engages-Kiddos--Inc--and-Michelle-Steinberg-of-dOMAIN-Integrated-to-Launch-New-Marketing-and-PR-Initiatives?id=134546&b=y
Investor Starter Kit:
http://gigl.qualitystocks.net/ir/
http://gigl.qualitystocks.net/presentation/
http://gigl.qualitystocks.net/executivesummary/
Yelp reviews:
https://www.yelp.com/biz/giggles-n-hugs-los-angeles-4 ;
https://www.yelp.com/biz/giggles-n-hugs-glendale
$GIGL$ hard to find a better ticker under 30 cents $680k Q revenue and $3.5mill annually and a very experienced management team.
Share Structure
Market Value1 $10,971,713 a/o Jun 07, 2017
Authorized Shares 1,125,000,000 a/o Feb 24, 2017
Outstanding Shares 134,622,251 a/o May 31, 2017
-Restricted 37,024,944 a/o May 31, 2017
-Unrestricted 97,597,307 a/o May 31, 2017
Held at DTC 88,406,938 a/o Feb 24, 2017
Float 10,138,903 a/o May 06, 2015
Par Value 0.001
http://www.otcmarkets.com/stock/GIGL/profile
5 questions every GIGL investor should ask themselves:
1) will GiGL be doing more revenues in the next couple years or less?Yes
2) anything unique within the business segment? Giggles N' Hugs is the first and only restaurant that brings together high-end, organic food with active, cutting-edge play and entertainment for children.
3) proven management? Yes loaded team see bios below
4) does the business have existing sales? Year over year growth
5) future catalyst? 2 new locations opening at no expense to GIGL plus they have received over 300 franchise offers both in the U.S.A and International markets
The answer to all 5 are yes with detailed info included in this package and supporting links
Top Reasons to Buy GIGL Now
Giggles N' Hugs (GIGL), a multiple award winning unique restaurant franchise, that has received over 300 franchising offers so far in the US and globally. With revenues of almost $1 million per quarter, growing quarter over quarter, year over year, a tiny float, featured in major news publications like The Wall Street Journal and an amazing star studded Hollywood customer base.
Over 300 franchising offers from as far away as Australia, Germany, England, Dubai, Russia, Singapore and many others. Giggles N’ Hugs (GIGL) are about to launch their massive franchising program. As company founder Joey Parsi recently stated "We're in a very enviable position in the restaurant world."
The U.S.’s top three mall operators (Westfield Group, Simon Properties, and General Growth Properties) so badly want Giggles N’ Hugs (GIGL) as tenants in their malls across the country they are offering to pay the majority of Giggles N’ Hugs (GIGL) per restaurant construction cost; this incentive ensures a higher ROI and quicker payback period. They know based upon the success of the current operations that Giggles N’ Hugs (GIGL) will bring huge foot traffic to their malls benefiting everyone.
Giggles N’ Hugs (GIGL) is completely undervalued, respected analyst company Redchip applied a 10.5x EV/EBITDA multiple to the 4Q16E run rate EBITDA projection of $764,735 ($3.06 million over a full-year). Dividing this by the 4Q16E shares outstanding projection of 46.5 million gives a target price of $0.70. This is based upon current numbers, with the coming continued expansion across the nation and globally this share price is going to rocket into the dollars now is the time to buy!
Brand recognition: Giggles N’ Hugs (GIGL) has been featured in numerous popular media outlets, attesting to the company's growing brand recognition. This press coverage includes New York Post, People, Forbes Magazine, Wall Street Journal, LA Times, UK Daily Mail, London Times, Australia Heral Sun Bloomberg Business Week, examiner.com, Entrepreneur, The Herald Sun, OK!, US Weekly and more.
The vision for Giggles N’ Hugs (GIGL) far surpasses just a restaurant rollout. Management has also set its sights on branded merchandising. The Giggles N’ Hugs (GIGL) brand will include merchandise such as food products, high-quality children’s apparel, drink ware, coloring books, and children’s vitamin water. Management plans to sell the merchandise in-store as well as at top-tier retail outlets such as Nordstrom, Bloomingdales, and Whole Foods.
An example of this could be Giggles N’ Hugs (GIGL) kids clothing line, which is slated to include branded kids shirts, hats, pants, bibs, and other apparel.
Many of the Company’s celebrity clientele are frequently photographed, and any pictures of their children wearing Giggles N’ Hugs (GIGL) apparel could provide powerful and free marketing for Giggles N’ Hugs. Typically, top celebrities get paid at least tens of thousands of dollars to wear a particular brand’s clothing.
https://www.linkedin.com/pulse/top-reasons-buy-gigl-now-everett-jolly
!!Another Reason to Buy GIGL NOW SEE BIO of TOP MANAGEMENT!!
-Giggles N’ Hugs (GIGL) is structured to benefit from multiple revenue drivers/b]
-Admission fee for play area access
-Food and beverages
-Birthday parties and private rentals
-Child drop-off service
-Beer and wine
Branded in-store and retail outlet merchandising via licensing and merchandising model U.S. and international franchising
- star-studded list of customers and their children including Sandra Bullock, Heidi Klum, Jessica Alba, Halle Berry, Jennifer Garner and Ben Affleck, Denis Quaid, Mark Whalberg, Adam Sandler and Dustin Hoffman.
- Giggles N’ Hugs (GIGL) was rated among the best family and kid-friendly restaurants by CitySearch, GoCityKids, and Nickelodeon, Giggles N' Hugs (GIGL) has been voted the No. 1 family restaurant, No. 1 birthday party place, and the No. 1 indoor play space in all of Los Angeles.
- Giggles N’ Hugs (GIGL) has an O/S count of 119 million and a tiny float of 92 million or less shares verified with TA on 02/24/17 www.otcmarkets.com/stock/gigl/profile (This means the share price could rise very quickly with such a small amount of shares available )
- Giggles N’ Hugs (GIGL) has a very powerful management team, just look at these amazing people and what they bring to Giggles N’ Hugs (GIGL):
Joey Parsi, Founder & Director:
Joey Parsi had a long and successful career as an investment manager and entrepreneur. He had a 20+ year career working on Wall Street for Lehman Brothers, Sutro and Company, and Prudential Securities. Parsi previously served as an investment advisor for Lehman Brothers; senior vice president at Sutro and Company, where he managed and oversaw millions of dollars for individual and institutional investors specializing in IPOs and technology equities; and worked at Prudential Securities where he oversaw client assets in a number of investments.
In 1998, Parsi opened Barron Chase and was able to expand the company to more than 30 employees. In total, Parsi and his team raised more than $30 million in funding for nine separate companies, many of which are now publicly traded on the NASDAQ markets. After liquidating the business in 2001 he joined TD Waterhouse, where he personally managed more than $350 million in assets for clients, and oversaw more than $1 billion in assets in his region. Parsi then went on to found Giggles N’ Hugs (GIGL).
Giggles N' Hugs President John Kaufman was the COO at California Pizza Kitchen when the founders had just two locations. Joined by Giggles N' Hugs' CFO Phillip Gay, who at the time was CFO of California Kitchen, Kaufman grew the company from two to more than 100 locations – at which time it was bought by Pepsi Co.
Kaufman was recruited as president of Koo Koo Roo Chicken, one of the fastest growing fast-casual concepts on the west coast, while Gay joined Wolfgang Puck Restaurants group as CFO, eventually becoming the CEO.
Michelle Steinberg has an impressive history of successfully assisting numerous A-list celebrities and major corporate brands with product launches and various other ventures. Her experience includes launching several renowned restaurant brands, including TAO restaurants, the Palazzo Hotel, House of Blues and Planet Hollywood and All Star Cafe.
MIchelle Steinberg has also handled product launches for many celebrity brands, including, Elton John, Nicole Richie, Jennifer Hudson as well as many others and currently works with corporate clients across the hospitality, lifestyle, fashion and beauty spaces, including iconic brands such as Volkswagen, TAO Group, The Los Angeles Lakers, Forevermark, a De Beers Company, Crocs, Kohl's, Bruno Magli and Ben Sherman among others. Leveraging her astute capabilities and significant industry relationships, Steinberg will likewise introduce the Giggles N’ Hugs brand to a targeted audience of investors, media professionals, manufacturers, retailers, advertisers, designers, distributors and consumers.
In addition to strengthening Giggles N’ Hugs’ overall brand strategy, Steinberg will assist with the market launch of new restaurant locations, services and products at a grassroots level in several major markets nationwide, including New York, Miami, Chicago and Los Angeles.
https://www.linkedin.com/pulse/top-reasons-buy-gigl-now-everett-jolly
Lots of Celebrity customers visit GIGL:
Jessica Alba & Honor Share Giggles in L.A.
http://people.com/celebrity/jessica-alba-honor-share-giggles-in-l-a/
https://www.youtube.com/watch?v=8xkPy-LiHic
https://www.youtube.com/watch?v=7JwVDThUfW0
https://www.youtube.com/watch?v=Rw8rVxW3Pic
Beyoncé, Jay Z, Kelly Rowland and Ellen Pompeo Take Kids to Friend's Birthday Party: Blue Ivy Was "Having a Blast"
Beyoncé, 34, and husband Jay Z, 46, brought daughter Blue Ivy Carter, 4, to a friend's birthday party at the restaurant Giggles N' Hugs in Century City, Calif. on Saturday afternoon. They were joined by Kelly Rowland, 35, and son Titan, 1, as well as Ellen Pompeo, 46.
http://www.eonline.com/news/744026/beyonce-jay-z-kelly-rowland-and-ellen-pompeo-take-kids-to-friend-s-birthday-party-blue-ivy-was-having-a-blast
Adam Sandler Films Daughter's Karaoke Performance at GIGL
Adam Sandler stopped into the Giggles N’ Hugs Century City, Calif., location with his daughter, Sadie, and wife, Jackie, on Sunday.
“Adam came in about 45 minutes before closing with his daughter,” an onlooker tells PEOPLE.Wearing a green T-shirt and baseball cap, Sandler was a proud papa as Sadie performed for the That’s My Boy actor.
“Sadie sang a song for kids karaoke and Adam filmed it on his cell phone,” the source adds. – Melody Chiu
http://people.com/celebrity/adam-sandler-films-daughters-karaoke-performance/
https://www.youtube.com/watch?v=7JwVDThUfW0&authuser=0
https://www.youtube.com/watch?v=8xkPy-LiHic&authuser=0
https://www.youtube.com/watch?v=Rw8rVxW3Pic&authuser=0
More celebrity customers here: http://www.gigglesnhugs.com/media/
Giggles N' Hugs is the first and only restaura[/img]nt that brings together high-end, organic food with active, cutting-edge play and entertainment for children. Every Giggles N' Hugs location offers an upscale, family-friendly atmosphere with a dedicated play area that children 10 and younger absolutely love. We allow Parents to be able to eat and relax while the kids have the time of their life. We feature high-quality menus made from fresh and local foods, nightly entertainment such as magic shows, concerts, puppet shows and face painting, and hugely popular party packages for families that want to do something special
Giggles N’ Hugs (GIGL) was rated among the best family and kid-friendly restaurants by CitySearch, GoCityKids, and Nickelodeon, Giggles N' Hugs (GIGL) has been voted the No. 1 family restaurant, No. 1 birthday party place, and the No. 1 indoor play space in all of Los Angeles.
With a float of 89mill and solid revenues and massive growth and instituiton funding on the way .50 - $1 is a very realistic projection for this ticker. GIGL is by far the best in their industry hands down
Recent News and SS:
Giggles N’ Hugs to Implement Fitness Fridays and Healthy Menu Items from Global Brand Ambassador Jillian Michaels
Giggles N’ Hugs, Inc. (GIGL), owner and operator of family-friendly restaurants that bring together high-end, organic food with active, cutting-edge play and entertainment for children, today announced that their Global Brand Ambassador Jillian Michaels – world-renowned wellness expert, business entrepreneur and mom – will launch Fitness Friday programs and introduce healthy new menu items for the Company’s locations. On June 28, NBCs Extra!, a daily national TV entertainment news show, will air coverage from the recent launch event featuring Michaels’ leading a functional fitness clinic and cooking demonstration for kids (check local listings for time).
“Families love Jillian’s approach to health and wellness so it makes perfect sense for us to incorporate her workouts for kids into our activities and some of her favorite recipes on our menu,” commented Joey Parsi, founder and CEO of Giggles N’ Hugs. “This is the first public event of what should become a series of major engagements with Jillian and the Giggles N’ Hugs brand. The exposure and media coverage that we have already garnered for this event is a testament to our brand ambassador’s popularity and her reach to millions of fans around the country.”
The kickoff event, which took place at the Company’s Topanga location on June 7, was designed to help kids and parents be more active and provided advice on healthy eating by demonstrating how to make Jillian’s healthy chicken salad wrap recipe which will be on the menu at all Giggles N’ Hugs locations. This event has already garnered major national press attention given that we are featured in the current issue of Us Weekly, In Touch , Life & Style and People magazine online.
Parsi added, “As we move forward with our expansion plans outside of the Southern California market, and the launching of our various product lines, the added exposure we anticipate in the coming quarters by working with Jillian should provide a big boost to our brand, setting the stage for solid demand as we enter new markets in the US as well as globally.”
https://finance.yahoo.com/news/giggles-n-hugs-implement-fitness-120000224.html
!!!HUGE NEWS OUT Phillip Gay nails down deal!!!
Giggles N’ Hugs Signs LOI to Open Its First International Franchise Locations in Bahrain
Giggles N’ Hugs, Inc. (GIGL), owner and operator of family-friendly restaurants that bring together high-end, organic food with active, cutting-edge play and entertainment for children, signed a non binding Letter of Intent (LOI) with City Scape trading (franchisee), a Bahrain-based hospitality company, to open up to two (2) Giggles N’ Hugs franchise locations in Bahrain with additional locations to come if successful.
Under the terms of the master license agreement, which we expect to finalize in the next few weeks upon standard closing procedure’s, Giggles N’ Hugs will receive up-front development fees for each location, as well as an ongoing royalty based on a percentage of monthly gross sales.
https://finance.yahoo.com/news/giggles-n-hugs-signs-loi-120000477.html
With the recent signing of celebrity brand ambassadors Jillian Michaels and Tia Mowry-Hardict, the company is ideally positioned to build momentum for its expansion. In partnership with DomainLA, a leading marketing and brand development agency led by Michelle Steinberg, Giggles N’ Hugs expects its brand ambassadors and CEO to be interviewed on national and local news, talk shows, business programs, and entertainment shows, creating significant visibility for the brand in the coming months.
Philip Gay, Chief Business Development Officer of Giggles N’ Hugs, and John Kaufman, President of Giggles N Hugs, will play key roles in the development of the company’s franchise operations and expansion plans. Previously, Gay and Kaufman held senior leadership positions with several highly successful franchising enterprises, including California Pizza Kitchen where both Mr kaufman and Mr. Gay worked together side by side as COO and CFO respectively, and at Wolfgang Puck Foods where Mr. Gay served as CFO, ultimately becoming its CEO.
“Given that we are one of the most unique restaurant concepts in the market with many revenue drivers, including licensing and merchandising opportunities, as well as an experienced management team in place, with multiple inquiries for franchises from around the world, celebrity partners and customers, and our relationships with some of the largest mall owners in America agreeing to provide us significant up-front cash in the form of tenant allowances, and now with this first LOI for a international master license, we expect to take the company to the next level of growth and expand throughout the country and the world”, concluded Parsi.
https://finance.yahoo.com/news/giggles-n-hugs-signs-loi-120000477.html
--------------------------------
Under the terms of the master license agreement, which we expect to finalize in the next few weeks upon standard closing procedure’s, Giggles N’ Hugs will receive up-front development fees for each location, as well as an ongoing royalty based on a percentage of monthly gross sales.
“This is among the biggest and most exciting news we have had to date and we expect this to be just the beginning of our expansion efforts,” commented Joey Parsi, CEO of Giggles N’ Hugs. “While working diligently on our funding needs, we are also aggressively seeking to expand our company owned and franchising initiatives, not just here in the USA, but as evident from this deal, internationally as well.”
Over the years, Giggles N’ Hugs has received multiple inquiries from interested parties globally for multiunit master licenses and franchises. The company is now set to begin discussions with these parties for future locations.
https://finance.yahoo.com/news/giggles-n-hugs-signs-loi-120000477.html
$GIGL Management in Bahrain to negotiate franchising !!
With the level of interest we’ve received over the years from potential franchisees from all around the world, now that the foundation of the company has been put in place, Mr. Gay will be meeting with parties, who in recent weeks, have expressed interest in acquiring a master license for multiple locations in Bahrain. Although no assurances can be given in finalizing any deals, we believe Mr. Gay's attendance could lead to significant new opportunities in the Middle East and around the world.”
http://www.otcmarkets.com/stock/GIGL/news/Bahrain-Restaurant-franchising--amp--Hospitality-Forum-2017-Taps-Giggles-N-rsquo--Hugs-rsquo--Philip-Gay-as-expert-guest-Speaker?id=158734&b=y
Company is in negotiations with QIC and Westfields to open 10-15 locations this year HUGE!!!!!!!!!!!!!
These are the companies GIGL is in negotiations with ask yourself what those companies see in GIGL
Westfields
https://www.westfieldcorp.com/portfolio/properties
QIC
http://www.qic.com.au/
GIGGLES N’ HUGS PARTNERS WITH WORLD-RENOWNED WELLNESS EXPERT JILLIAN MICHAELS FOR COMPREHENSIVE BRAND EXPANSION
Giggles N’ Hugs (GIGL) today announced a multi-faceted partnership with Jillian Michaels, the foremost fitness expert and renowned life coach. Through the partnership, Michaels will become one of the largest shareholders in the company and the global brand ambassador, bringing her wealth of experience in building world-wide businesses to the California-based family restaurant and children’s play space.
“As a businesswoman, I’m committed to aligning with brands that further health and wellness for people of all ages,” said Michaels. “Giggles N’ Hugs is the most fun space for families of all ages and I hope to help them expand globally so that countless other families can enjoy the same experience that mine does when visiting their restaurants and play spaces.”
https://finance.yahoo.com/news/giggles-n-hugs-partners-world-130000478.html
NO MORE CONVERTIBLES NOTES ALL FULLY CONVERTED
HUGE NEWS GIGL debt conversions over!!!!!!!!!!!!!!!!!!!!! - Giggles N’ Hugs Announces full Debt Conversion with Iconic
http://www.otcmarkets.com/stock/GIGL/news/Giggles-N-rsquo--Hugs-Announces-full-Debt-Conversion-with-Iconic?id=151366&b=y
Giggles N’ Hugs signs LOI with $1.4 Million of tenant allowances which covers the cost for the first Northern California Location
https://finance.yahoo.com/news/giggles-n-hugs-signs-loi-140000867.html
The company has received an LOI from a major mall owner and operator for a new location in the San Francisco maket where the landlord has agreed to pay up to $1.400,000 for the entire cost of the roll-out for the new space.
https://finance.yahoo.com/news/giggles-n-hugs-ceo-joey-143000545.html
Giggles N Hugs CEO, Joey Parsi Talks New Markets, Celebrity Endorsements, and Branded Merchandising
Their proven and unique restaurants attracts close to 10,000 individuals a month and as a result, the top three biggest mall landlords are working hand-in-hand with the company to assist in the expansions of their restaurants.
The company has received an LOI from a major mall owner and operator for a new location in the San Francisco maket where the landlord has agreed to pay up to $1.400,000 for the entire cost of the roll-out for the new space.
"During rainy days, our business revenues increases dramatically compared to regular days," said Mr. Parsi. "For us, we're looking at expansions into markets where we see extreme weather with more rain and colder areas."
In addition to expanding into new markets, Mr. Parsi said the company is also working towards celebrity brand ambassadorships thanks to their recent partnership with Michelle Steinberg of dOMAIN Integrated and Kidos Inc. Discussions are currently underway with some of the biggest celebrities in Hollywood.
"We're working hard to secure funding for additional company and franchised locations throughout the country, to launch our branded merchandising, and to bring in some very high profile celebrities to get our message and our story out to the world," said Mr. Parsi. "I'm very hopeful for 2017 and beyond."
To listen to the full twenty minute interview, please click here or the following link: https://upticknewswire.com/joey-parsi-ceo-of-giggles-n-hugs-looking-at-a-breakout-in-2017/
https://finance.yahoo.com/news/giggles-n-hugs-ceo-joey-143000545.html
Giggles N’ Hugs, Inc. (GIGL) engages Kiddos, Inc. and Michelle Steinberg of dOMAIN Integrated to Launch New Marketing and PR Initiatives
http://www.otcmarkets.com/stock/GIGL/news/Giggles-N-rsquo--Hugs--Inc---GIGL--engages-Kiddos--Inc--and-Michelle-Steinberg-of-dOMAIN-Integrated-to-Launch-New-Marketing-and-PR-Initiatives?id=134546&b=y
Investor Starter Kit:
http://gigl.qualitystocks.net/ir/
http://gigl.qualitystocks.net/presentation/
http://gigl.qualitystocks.net/executivesummary/
Yelp reviews:
https://www.yelp.com/biz/giggles-n-hugs-los-angeles-4 ;
https://www.yelp.com/biz/giggles-n-hugs-glendale
$GIGL$ hard to find a better ticker under 30 cents $680k Q revenue and $3.5mill annually and a very experienced management team.
Share Structure
Market Value1 $10,971,713 a/o Jun 07, 2017
Authorized Shares 1,125,000,000 a/o Feb 24, 2017
Outstanding Shares 134,622,251 a/o May 31, 2017
-Restricted 37,024,944 a/o May 31, 2017
-Unrestricted 97,597,307 a/o May 31, 2017
Held at DTC 88,406,938 a/o Feb 24, 2017
Float 10,138,903 a/o May 06, 2015
Par Value 0.001
http://www.otcmarkets.com/stock/GIGL/profile
5 questions every GIGL investor should ask themselves:
1) will GiGL be doing more revenues in the next couple years or less?Yes
2) anything unique within the business segment? Giggles N' Hugs is the first and only restaurant that brings together high-end, organic food with active, cutting-edge play and entertainment for children.
3) proven management? Yes loaded team see bios below
4) does the business have existing sales? Year over year growth
5) future catalyst? 2 new locations opening at no expense to GIGL plus they have received over 300 franchise offers both in the U.S.A and International markets
The answer to all 5 are yes with detailed info included in this package and supporting links
Top Reasons to Buy GIGL Now
Giggles N' Hugs (GIGL), a multiple award winning unique restaurant franchise, that has received over 300 franchising offers so far in the US and globally. With revenues of almost $1 million per quarter, growing quarter over quarter, year over year, a tiny float, featured in major news publications like The Wall Street Journal and an amazing star studded Hollywood customer base.
Over 300 franchising offers from as far away as Australia, Germany, England, Dubai, Russia, Singapore and many others. Giggles N’ Hugs (GIGL) are about to launch their massive franchising program. As company founder Joey Parsi recently stated "We're in a very enviable position in the restaurant world."
The U.S.’s top three mall operators (Westfield Group, Simon Properties, and General Growth Properties) so badly want Giggles N’ Hugs (GIGL) as tenants in their malls across the country they are offering to pay the majority of Giggles N’ Hugs (GIGL) per restaurant construction cost; this incentive ensures a higher ROI and quicker payback period. They know based upon the success of the current operations that Giggles N’ Hugs (GIGL) will bring huge foot traffic to their malls benefiting everyone.
Giggles N’ Hugs (GIGL) is completely undervalued, respected analyst company Redchip applied a 10.5x EV/EBITDA multiple to the 4Q16E run rate EBITDA projection of $764,735 ($3.06 million over a full-year). Dividing this by the 4Q16E shares outstanding projection of 46.5 million gives a target price of $0.70. This is based upon current numbers, with the coming continued expansion across the nation and globally this share price is going to rocket into the dollars now is the time to buy!
Brand recognition: Giggles N’ Hugs (GIGL) has been featured in numerous popular media outlets, attesting to the company's growing brand recognition. This press coverage includes New York Post, People, Forbes Magazine, Wall Street Journal, LA Times, UK Daily Mail, London Times, Australia Heral Sun Bloomberg Business Week, examiner.com, Entrepreneur, The Herald Sun, OK!, US Weekly and more.
The vision for Giggles N’ Hugs (GIGL) far surpasses just a restaurant rollout. Management has also set its sights on branded merchandising. The Giggles N’ Hugs (GIGL) brand will include merchandise such as food products, high-quality children’s apparel, drink ware, coloring books, and children’s vitamin water. Management plans to sell the merchandise in-store as well as at top-tier retail outlets such as Nordstrom, Bloomingdales, and Whole Foods.
An example of this could be Giggles N’ Hugs (GIGL) kids clothing line, which is slated to include branded kids shirts, hats, pants, bibs, and other apparel.
Many of the Company’s celebrity clientele are frequently photographed, and any pictures of their children wearing Giggles N’ Hugs (GIGL) apparel could provide powerful and free marketing for Giggles N’ Hugs. Typically, top celebrities get paid at least tens of thousands of dollars to wear a particular brand’s clothing.
https://www.linkedin.com/pulse/top-reasons-buy-gigl-now-everett-jolly
!!Another Reason to Buy GIGL NOW SEE BIO of TOP MANAGEMENT!!
-Giggles N’ Hugs (GIGL) is structured to benefit from multiple revenue drivers/b]
-Admission fee for play area access
-Food and beverages
-Birthday parties and private rentals
-Child drop-off service
-Beer and wine
Branded in-store and retail outlet merchandising via licensing and merchandising model U.S. and international franchising
- star-studded list of customers and their children including Sandra Bullock, Heidi Klum, Jessica Alba, Halle Berry, Jennifer Garner and Ben Affleck, Denis Quaid, Mark Whalberg, Adam Sandler and Dustin Hoffman.
- Giggles N’ Hugs (GIGL) was rated among the best family and kid-friendly restaurants by CitySearch, GoCityKids, and Nickelodeon, Giggles N' Hugs (GIGL) has been voted the No. 1 family restaurant, No. 1 birthday party place, and the No. 1 indoor play space in all of Los Angeles.
- Giggles N’ Hugs (GIGL) has an O/S count of 119 million and a tiny float of 92 million or less shares verified with TA on 02/24/17 www.otcmarkets.com/stock/gigl/profile (This means the share price could rise very quickly with such a small amount of shares available )
- Giggles N’ Hugs (GIGL) has a very powerful management team, just look at these amazing people and what they bring to Giggles N’ Hugs (GIGL):
Joey Parsi, Founder & Director:
Joey Parsi had a long and successful career as an investment manager and entrepreneur. He had a 20+ year career working on Wall Street for Lehman Brothers, Sutro and Company, and Prudential Securities. Parsi previously served as an investment advisor for Lehman Brothers; senior vice president at Sutro and Company, where he managed and oversaw millions of dollars for individual and institutional investors specializing in IPOs and technology equities; and worked at Prudential Securities where he oversaw client assets in a number of investments.
In 1998, Parsi opened Barron Chase and was able to expand the company to more than 30 employees. In total, Parsi and his team raised more than $30 million in funding for nine separate companies, many of which are now publicly traded on the NASDAQ markets. After liquidating the business in 2001 he joined TD Waterhouse, where he personally managed more than $350 million in assets for clients, and oversaw more than $1 billion in assets in his region. Parsi then went on to found Giggles N’ Hugs (GIGL).
Giggles N' Hugs President John Kaufman was the COO at California Pizza Kitchen when the founders had just two locations. Joined by Giggles N' Hugs' CFO Phillip Gay, who at the time was CFO of California Kitchen, Kaufman grew the company from two to more than 100 locations – at which time it was bought by Pepsi Co.
Kaufman was recruited as president of Koo Koo Roo Chicken, one of the fastest growing fast-casual concepts on the west coast, while Gay joined Wolfgang Puck Restaurants group as CFO, eventually becoming the CEO.
Michelle Steinberg has an impressive history of successfully assisting numerous A-list celebrities and major corporate brands with product launches and various other ventures. Her experience includes launching several renowned restaurant brands, including TAO restaurants, the Palazzo Hotel, House of Blues and Planet Hollywood and All Star Cafe.
MIchelle Steinberg has also handled product launches for many celebrity brands, including, Elton John, Nicole Richie, Jennifer Hudson as well as many others and currently works with corporate clients across the hospitality, lifestyle, fashion and beauty spaces, including iconic brands such as Volkswagen, TAO Group, The Los Angeles Lakers, Forevermark, a De Beers Company, Crocs, Kohl's, Bruno Magli and Ben Sherman among others. Leveraging her astute capabilities and significant industry relationships, Steinberg will likewise introduce the Giggles N’ Hugs brand to a targeted audience of investors, media professionals, manufacturers, retailers, advertisers, designers, distributors and consumers.
In addition to strengthening Giggles N’ Hugs’ overall brand strategy, Steinberg will assist with the market launch of new restaurant locations, services and products at a grassroots level in several major markets nationwide, including New York, Miami, Chicago and Los Angeles.
https://www.linkedin.com/pulse/top-reasons-buy-gigl-now-everett-jolly
Lots of Celebrity customers visit GIGL:
Jessica Alba & Honor Share Giggles in L.A.
http://people.com/celebrity/jessica-alba-honor-share-giggles-in-l-a/
https://www.youtube.com/watch?v=8xkPy-LiHic
https://www.youtube.com/watch?v=7JwVDThUfW0
https://www.youtube.com/watch?v=Rw8rVxW3Pic
Beyoncé, Jay Z, Kelly Rowland and Ellen Pompeo Take Kids to Friend's Birthday Party: Blue Ivy Was "Having a Blast"
Beyoncé, 34, and husband Jay Z, 46, brought daughter Blue Ivy Carter, 4, to a friend's birthday party at the restaurant Giggles N' Hugs in Century City, Calif. on Saturday afternoon. They were joined by Kelly Rowland, 35, and son Titan, 1, as well as Ellen Pompeo, 46.
http://www.eonline.com/news/744026/beyonce-jay-z-kelly-rowland-and-ellen-pompeo-take-kids-to-friend-s-birthday-party-blue-ivy-was-having-a-blast
Adam Sandler Films Daughter's Karaoke Performance at GIGL
Adam Sandler stopped into the Giggles N’ Hugs Century City, Calif., location with his daughter, Sadie, and wife, Jackie, on Sunday.
“Adam came in about 45 minutes before closing with his daughter,” an onlooker tells PEOPLE.Wearing a green T-shirt and baseball cap, Sandler was a proud papa as Sadie performed for the That’s My Boy actor.
“Sadie sang a song for kids karaoke and Adam filmed it on his cell phone,” the source adds. – Melody Chiu
http://people.com/celebrity/adam-sandler-films-daughters-karaoke-performance/
https://www.youtube.com/watch?v=7JwVDThUfW0&authuser=0
https://www.youtube.com/watch?v=8xkPy-LiHic&authuser=0
https://www.youtube.com/watch?v=Rw8rVxW3Pic&authuser=0
More celebrity customers here: http://www.gigglesnhugs.com/media/
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