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"...and St. George agreed to purchase an additional 1,100,000 shares of the companies restricted common stock for a purchase price of $110,000 at $0.10 per share."
This will be reflected as cash on hand in the next Q.
Expecting a monster run from this. The time to get in is now.
Minimum 200% gain coming.
Currently have 2. The 2 Bahrain locations would make it 4 with the one in Tanofran being 5 and at least an LOI for where the 6th location will be as per Jillians video interview
Quote:
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I have to believe that Kaufman and Gay didn't come on board to publicize two locations.
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Same goes for Jillian...
Parsi asked Jillian if she wanted to get in on the action before the dead cat bounce and she said "SURE!"
C'mon man, 6 locations by Dec 31st. 10 by 2019 this is gonna grow not die.
Incredible info!
What a stalwart guy!
$Gigln'
It was a good morning. Let's see if it's a good afternoon!
Nice share Joe.
"GGP, another real estate investment trust, plans $1.5 billion in mall investment, including a greenfield mall in Norwalk, Connecticut and a major expansion to the Staten Island Mall in New York City that it bills as a "shopping center of the future.""
No doubt $GIGL will be gettin' a piece of that $1.5 billy
Well Kaufman and Gay will know what to do w/o question.
Let's get to 10 stores open and get to a 100mil market cap and I will sell 50k shares per year for the next 10 years as the company grows / expands the initial block of 50k shares I will sell at $0.50 the 2nd block at $1.00 and the remaining blocks all at $1.++
Price drop before the share buy back.
This is what can be done when traditional financing is announced.
I plan to sell 50,000 shares every year starting in 2018 for the next 10 years as $GIGL expands to the northwest, northeast and across the globe.
$99,000.00? Or $5,850?
Plain and simple. Parsi could've sold above $0.20 where millions of shares were traded. He obviously has big plans for the future. Not to mention his avg share price I believe is somewhere around $0.18.
I bet he has a plan eventually to buy back the shares that were added to the OS by Iconic holdings even if that plan is a few years away.
If Parsi was doing as you say he would've sold a hell of a lot more than 2% of his position.
He is still holding 26 mil.
Get real.
How's that workin' out for you? Are you able to flip fast enough? Gap filled. There isn't a better looking chart in the OTC right now.
How many shares you holding?
Trading novices will sell now.
Their convictions and exuberance are based on price action without fundamental analysis.
$GIGL stock entering a demand zone I see $0.05-$0.06 as a definite buy zone and at least a guaranteed tag of $0.065 as it looks like there is a gap there on the daily chart but not worth trading between now and then.
Updates are imminent.
Many sellers will regret and say I should've waited.
Sit on your hands.
I don't completely disagree with you but $GIGL is going to be an expanding chain of restaurants with franchising no? What would the share price be with increasing revs royalties and also a price to sale ratio inline with the industry standard? $1 $2?
I honestly think they are tired of posting on this board and trying to overcome all the BS. I don't post as much as I used to and I haven't sold a single share. I'm actually not proud of that in hindsight I wish that I would've at least sold half around $0.20 with the main purpose of being able to buy more at $0.10 etc
Just my $0.02 man
Those longs may have sold some off but probably still own more than you or me so is it in their best interests if this stock goes up? Or down? Not to mention if they found the stock they deserve great profits just my opinion man.
Mornin' !
Is this the week / month we really start Gigl'n again?
Could be folks. Could be.
Expecting updates on developments for any of the new locations proposed any day.
C'mon man. New conversation. This is ridiculous. Liquidity on this ticker goes up and down. You could sell 50k on the ask depending on the day. Monday's probably easier than a Friday but I wouldn't sell at $0.16 we are ground floor right now.
He was actually shorting before the tia mowry announcement. I do believe he has covered already. I don't think anyone is shorting but I do believe there is a large holder scaling out of their position albeit not entirely so they are still a "long". Of course I may be berated for saying so but I don't care. $16k up $20k on the ask is a lot for an OTC stock with low liquidity so whoever is doing it is strangling this stock whether intentionally or not.
I do believe Joey had a taste of glory with the share price appreciation as of late and will do what it takes to bring about another run or even eventually an up list. I believe he will continue to act in the best interests of shareholders. I am long for at least another 6 months here.
Interesting...and does make sense. thanks for your response.
No disrespect to you Thoth and I appreciate the incredible amout of quality research you bring to the table here. But whenever I check L2 there is about 50k-150k on the ask either from CDEL or ETRF (both retail) there is no disputing this. Sometimes there is a equally sized bid such as yesterday when John bought 250k.
Since my last post CDEL has moved from approx $0.087 to $0.091 and still has over 100k on the ask. I hope this is "fundraising" as some elude to and basically going to assist GIGL to expand and stay afloat. But, it has the looks more so of a large pocketed retail trader scaling out of their position.
Perpetual ask from a single retail trader or group never ends. Someone who loaded millions of shares early is still unloading here. Unless this is more selling from management. I am holding all shares still and cannot understand why the ask is always so huge if it is not for the reasons I suggest. Can you explain to me how a fake ask or a loading wall works?
This was the gap open from the Bahrain announcement
Oh by the way...
Gap officially closed today.
Completely agree. Haven't shaved one share here. Although it's hard see the fluctuations from day to day it is to be expected to a degree with the absence of major news. Thing is news can drop any minute so letting go of shares now is too risky IMO. The tax break many will benefit from is also huge and even it's true one could've netted many more shares by some well timed flips here but then you are really giving a lot of profit away to taxes which really doesn't feel too good. Personally not going to sell a single share and will add if we see $0.05s
I'm cautiously optimistic and hoping for...FOUR...NEW locations...this year.
Jillian spoke of SIX in the interview last month. Maybe your numbers get hit in 2018 which for me is even better because I'm holding long til then anyway
Good post! I will sit on my hands for another 6 months minimum. Waiting to see this story unfold. I believe expansion is happening now and the valuation will increase exponentially once the new locations start coming online.
All aboard!
Remind me again what price the insiders get shares at?
And if we are expecting expansion in H2 2017?
The chart can almost be thrown out at this point.
Paper thin ask today. I wonder what Thor's hammer could do CDEL/ETRF twins.
Tori Spelling commented, "OMG that looks amazing!"
Tia Mowry @ Giggles N Hugs enjoying the party.
https://instagram.com/p/BV5nk4whnfn/
Jillian is not only doing this for the money people. Like she needs a lot more money. Her kids will be part owners of a huge franchise one day. She is looking to their future.
Nice post. Very true. Feel the same.
Two can play that game.
A lot of interest in this stock in the coming years. GIGL management know what to do