Problem is that in the interview a few weeks later, Parsi said that there were delays beyond his control and that while optimisitc, "we'll see what happens."
That last part didn't really inspire much confidence in my belief that Bahrain is going to materialize, especially since Ramadan might create minor delays but it's not as he said where the entire Middle East shuts down. People still go to work during the holiday. Deals still get made.
But, as I've said before, Giggles n Hugs' future doesn't hinge on whether Bahrain happens. It's not like this is a defense company where the only client is the government and it just passed on a bid proposal. Lots of territories out there. So long as demand for Giggles exists, and Yelp indicates that it does, the potential for future growth also exists, too.