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And GIGL is a way better stock then that one. that was a P&D. GIGl is not.
it was .26. If we get a signed LOI for the two locations this will be over the 52 week high and closer or over the .50 cents and move to 1.00 dollar mark in my opinion. .
https://www.otcmarkets.com/stock/GIGL/news/Giggles-N-rsquo--Hugs-Signs-LOI-to-Open-Its-First-International-Franchise-Locations-in-Bahrain?id=160573&b=y
Giggles N’ Hugs Signs LOI to Open Its First International Franchise Locations in Bahrain
May 31, 2017
OTC Disclosure & News Service
-
Los Angeles, May 31, 2017 (GLOBE NEWSWIRE) -- Giggles N’ Hugs, Inc. (OTCQB: 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.
“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.
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.
Looks like we got rid of the big 169k block that was at .095 and moved down to the .088 they got impatient. Glad to get rid of the weak here. We only want the strong shareholders. looking forward to the news and the future of GIGGLE N HUGS FOR SURE>
44k share buy and only 10k shares showing on the ASK at .094. MM playing games.
No reason to pump GIGL. Great company and we knew that all along when someone made the mistake and was bashing it. We will go above the the new 52 week high and hopefully it isn't shorted again because they will be owing money to which ever brokerage they use.
What a joke he is. Giggle N Hugs is just starting not done .
You just trying to get GIGL shares cheaper . There is a difference between pumping and excitement bro. Giggle N Hugs is the real deal if you don't want to be part of it then move on.
GIGL$. Back to .26 . Don't get caught watching . You may want to do your DD. This isn't a trade it is a long term investment
Lol. Not giving you my GIGL shares for that cheap bro. You may want to do some DD. Highly undervalued here
Us longs knows where Giggle N Hugs is heading. We have done the DD. Management is strong and they will move to 52 week high. I never sold a share when people was negative about the company. I added to my position. Should have news this week or next per last PR. The people waiting on the sidelines are going to have to raise there bid big time to get big block shares. I still remember all those negative post. What is your news source.
GIGL: https://www.otcmarkets.com/stock/GIGL/news/Giggles-N-rsquo--Hugs-Signs-LOI-to-Open-Its-First-International-Franchise-Locations-in-Bahrain?id=160573&b=y
LONG TERM INVESTMENT HERE FOLKS
I still don't think the excitement has set in on this deal. It is huge folks. I'm thinking we really start to break out to the upside here and break the 52 week high and move to .50 cents.
https://www.otcmarkets.com/stock/GIGL/news
Huge news guys. I really believe the shorts are in trouble and need to cover and the volume will pick up. Shares are locked up and alot of investors know what we own. This will be Multi dollars its just a matter of time
Giggles N’ Hugs Signs LOI to Open Its First International Franchise Locations in Bahrain
May 31, 2017
Los Angeles, May 31, 2017 (GLOBE NEWSWIRE) -- Giggles N’ Hugs, Inc. (OTCQB: 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.
“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.
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.
MUST READ: https://www.otcmarkets.com/stock/GIGL/news/Giggles-N-rsquo--Hugs-Signs-LOI-to-Open-Its-First-International-Franchise-Locations-in-Bahrain?id=160573&b=y]
I still don't think the excitement has set in on this deal. It is huge folks. I'm thinking we really start to break out to the upside here and break the 52 week high and move to .50 cents.
https://www.otcmarkets.com/stock/GIGL/news
Huge news guys. I really believe the shorts are in trouble and need to cover and the volume will pick up. Shares are locked up and alot of investors know what we own. This will be Multi dollars its just a matter of time
Giggles N’ Hugs Signs LOI to Open Its First International Franchise Locations in Bahrain
May 31, 2017
Los Angeles, May 31, 2017 (GLOBE NEWSWIRE) -- Giggles N’ Hugs, Inc. (OTCQB: 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.
“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.
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.
I saw that . That is amazing. It is going to be hard to get large blocks. . People are going to raise there ask and have a great week. We will move up quickly this week
Agreed
GIGL is ready for a major run.
Lol. Ready for this week and beyond. The price now will be a bargain bye the time Friday hits. I'm guessing we finish the week between .12 and .14 cent. If we get more news on the franchising news we could be in the .20 cents or higher range . Get ready. Hope you are on board
Great article. Last time he visited a mall was because of a restaurant. Get ready folks. I can see a Giggle N Hugs in every mall to help with getting people into them.
$GIGL$. Big new the last couple of weeks . Signed LOI for a master franchise deal.
Float locked up guys. Strong shareholders . Long term investment great DD. Giggle and hugs could see 1.00 coming up
Totally agree. A lot of folks don't see that. It takes time and some people dot have patiences. Just on that online we should be valued at a dollar. It will come faster than what people think. Go GIGL
I will hold some until $5 dollars bro. And yes it will go to dollars honestly you or I don't know where it will go all we can do is are DD and obviously you haven't. Just watch and see man. Gigl is the cream of the crop. Just in there store products alone the could make millions of dollars. That doesn't count any other revenue streams
Agreed. Giggle and hugs is a great investment. I have been adding on all dips. The float is locked and ready to roll. I too believe we see dollar land. It may be in a month or one year. But I believe in the great management here. It only takes one or two big time investors and this goes above the 1 dollar mark in my opinion
Long gigl
Don't want flippers we want investors. But I hope the flippers get left behind and having to chase big time. :).
Go GIGL
Trade all you want but im holding for one dollar and beyond for long term. what happens when someone sells and we gap up to .30 cents on crazy news then move to over 1.00. then you miss the ride.
Please don't Sticky this post. Only sticky true news that was sent out by GIGGLE and HUGS. US longs already new we had a GEM and we are going to Multi dollars but glad he finally came around.
I have been here that long as well. Been adding on all dips . This is a long term investment for me
$GIGL$ WHY all of the sudden are you positive on this company. Just curious. I have been positive about Giggle's and HUgs for sometime and have been adding on all dips. Where did you get your info from?
Totally agree man. I would love to see the deal for the two stores finalized this week or next with a 8 k. That would be a huge starting point on are way back to 52 week highs . Then the QIC deal getting done will take us to .50 cent to a 1.00 and then we consolidate for an it before the next move up. With the nice consolidation lately we could move up faster then I think. What's your thought if both those events can happen within the next few months?
Why would Management waste there time and money on that man. Wow. Don't waste my time please. $GIGL$. Doesn't need to PR that junk. Only things that matter. We aren't a pump and dump pony ride. This is a strong long term investment and one of the best tickers in the otc. I have a feeling the pps is going to move up quickly.
IF we get a PR this next or next it will be great. would love to get a 8K and GIGL getting 250k to 1 million for franchising fees. if that is the case i think we can surpass are 52 week high. What is everyones thought?
Nice buy. I have bought three lots. Wanting to pick up 5k shares here. The research looks good here. In the long term I bet we could see $30
It's not significant just the MM are playing games with people's shares. Just don't give into them is all.
Great company here and this is the ground floor.
There was over 400k shares @ .085 on the bid. Mm try to hide them. :)
We have investors and I really don't think they will let that happy. Off course I'm not going to spoon feed people the DD . It is already here and I will just load more shares so they are in strong hands. We will see who is right but I believe I will be right.
Massive upgrade. GIGL. Just buy your shares already bro. 6 new stores coming plus a lot of other opportunities.
So sad. Some folks just don't see that GIGL is a great investment. They will be kicking them selves pretty soon. When this runs to new highs. Great base has formed. Strong shareholders are here.
Lol. That why you don't trade GIGL. It is an investment. Traders make penny's . Investors make bank. This is a gem of a company my friend. Hope you jump on board.
6 locations is great to start with for sure. Looking forward to today and the weeks ahead
Ok I guess. :). I can't wait to get one here . It's suppose to be mid 90"s the next week or so. This will be way bigger then chucky cheese.
$GIGL$ Must see news .
Great news out the other day. We all know what we own. Strong buy. Going over .10 cents on Friday and moving back to the 52 week high.
https://www.otcmarkets.com/stock/GIGL/news/Giggles-N-rsquo--Hugs-Signs-LOI-to-Open-Its-First-International-Franchise-Locations-in-Bahrain?id=160573&b=y
No Dilution
Outstanding Shares 134,372,251 a/o April 14, 2017 O/S Updated on 10k GIGL News: Annual Report (10-k)
-Restricted 37,120,983 a/o April 5, 2017
-Unrestricted 96,601,268 a/o April 5, 2017
GIGL Security Details
Share Structure
Market Value1 $10,971,713 a/o Jun 07, 2017
Authorized Shares 1,125,000,000 a/o May 31, 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 96,192,378 a/o May 31, 2017
Float 10,138,903 a/o May 06, 2015
Par Value 0.001
Transfer Agent(s)
West Coast Stock Transfer Inc.
Shareholders
Shareholders of Record 88 a/o Apr 14, 2017
I agree. It is good news that they are wanting to expand for sure. It is everything management said they want to do. We are truly undervalued here for sure. The shorts brought us down. Now they are going to have to pay up big time. . I see us running past the 52 week in in the next month or so. Of course that is my opinion. We we get an official announcement that we are getting 6 more locations then we break the 52 week high easy