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They probably couldn't get the numbers because there are soooooo many shrimp in the tank & it's real crowded in there? In the past, they could've hired a bunch of illegals but due to crack-downs, labor is scarce.
Because of the difficulty of keeping track of which ones were already counted (they swim around and mostly look alike), they could be implementing a "tag system". Each shrimp is individually measured, weighed, and tagged with a unique identifier and returned to the tank. As you can see, this is very time consuming so please remain patient.
Regarding the BS about doing the RS for a NASDAQ uplist, in addition to the issue of a 300k OS, maybe you can ask which "investment bank firm" and "law firm" they hired to assist with the process?
I've never seen an announcement of an RS for the purposes of uplisting that wasn't preceded with numerous 8k's talking about a "secondary offering", "PIPE" transaction, etc, and who is legally guiding them thru this? Wouldn't these be the people suggesting an RS ratio? Who specifically came up with "300 - 500" as the ratio? Ready, fire, aim...
Yes, I think they are totally FULL OF POOP!
Pedro, listen to your heart, that's what I do.
...I was listening to people like Cam, Fel and few others...
It didn't rain enough in So Cal.
Re: Accredited investors only.
Another stock I own attempted a "crowdfunding fund raise". Had to create a basic account & be an "accredited investor" to see the real details.
When asked, I checked "yes" & got all the details. No verification, specifics, financial details were asked. Did I "not understand" what that meant? wink, wink...
You're just jealous 'cause you don't own .06 cent warrants, so there!
Merry Christmas
Not to mention it's still "So Cal", not a "bad weather" area like they want. And, $2 million? Might as well be $2 billion...
Considering the Form C is a mile long, I'm sure I did miss a few things. I mostly was commenting about the "refund" procedure so not sure what your point is?
The "target", or minimum amount is $300,000. If they can't raise that much, investors receive a refund.
The maximum allowed is $1,070,000 (lol)
Use of funds if $300k: $30k to wefunder, $270k for "leasehold/build out". No idea if that is regulated?
Oh, the $20k "Investor" is Giggles 'N Hugs corporate.
If they were looking to fund "exclusively" from Californians for only CA locations, I would say "maybe a wee bit". The plan (strike that), the "dream" at one point was international. (lol)
I live in South Carolina & can't see the smoke from here...
PS, the next "built-in" delay is Christmas/Holidays.
I was doing some general crowdfunding DD related to GIGL & found this:
https://www.crowditz.com/2018/09/kill-giggles-cfbb-pictures-on-startengine/
Kill Giggles | CFBB Pictures on StartEngine
Help Produce a Feature Horror Film
Want to Become a Part of Horror Movie Magic?
Invest in Kill Giggles... And let's send in the clowns to die!
**
Irony? Any suggestions who could play a "clown" that gets killed? Wow...
Keep in mind you need to insert the word "wefunder" before "investors" when analyzing that statement.
“Our plan is that (wefunder) investors will get 80% of the cash flow until their investment has been fully repaid, with interest. At that point, we intend to flip the cashflow split to 20/80.”
If you click "profile" on the wefunder GIGL page, all the details appear without registering. Try the link below:
https://wefunder.com/giggles.n.hugs.inc
For the record, it does not "confirm" they started the process but I believe they have.
Yes, good news.
Quote:
That was my thought now Holidays are done and the phase 1 should be completed.
Luckily, there are only about 300 Jewish holidays per year so we should be fine for at least a day or 2. Each one is "very holy & special" so we shouldn't expect any work to be done on them. Even more exciting is they come on their own calendar that's constantly moving so most of us can't be sure when they are!
Thanks for previous reply.
Quote:
StartEngine is an equity crowdfunding platform that connects startups with investors online.
Would potential investors consider GIGL a "startup"?
My CF ignorance thinks if CF investors receive anything other than common GIGL shares, then existing common GIGL shareholders can't benefit from their investment?
If I'm wrong, I'd love to be educated...
I thought we just had a "crowdfunding event"? They called it an "offering". Anyone who wanted to (regardless of their net worth) could invest as much money as they wanted. In addition to receiving shares, investors were "gifted" warrants!
How would "existing shareholders" benefit from crowd funding? I'm really hoping I'm missing something...
Has anybody organized a "get well gift basket" for Joey? If 6 people could mail me $1,000 in cash, I'll handle it. That amount would pretty much cover "my cost", I mean cover the gift cost...
A total of 22 BILLION shares was recently granted, "given", to the top 3 company criminals as part of their salary compensation. Santi got 8 billion shares. They're restricted shares if that makes you feel any better?
You lost me? All I tried to say is the appointment of Gay as CEO was bs by Joey from the start. The given reason from JOEY why he had to demote him to co-ceo & re-appoint himself as same, is because Gay is too busy with TRIPLE ENT. work!
By saying Gay gave up some positions (where?), & saying he has time since GIGL only has 2 locations, is making MY POINT that Joey is f.o.s. And, also doesn't make sense since Gay is supposed to be helping GIGL "expand".
From the PR:
“In April we announced Philip Gay, former CFO of California Pizza Kitchen and former CFO and CEO of Wolfgang Puck Food Company, took a leadership role at Giggles N’ Hugs as CEO, I’m pleased to announce today that I will continue to stay actively involved in the day-to-day management, joining Philip as co-CEO”, stated Parsi
“Over the past month or so, given Philip’s continued leadership role at Triple Enterprises, the consulting firm he founded, we recognized with all the time commitments and traveling that Philip has been doing for Triple, he did not have the ability to attend to all the meetings and discussions that he was needed for as the CEO, as a result we decided that it would be beneficial for both of us being co-CEOs.”
***
I really don't want to continue peeing on my investment tonight so I'll just say this:
OK, got it. Sounds like everything is gonna be ok & expansion news is coming! Have a good night.
He was "promoted" 4/24 & "demoted" on 5/25. Did he fold Triple Enterprises? Are you saying he can be the full-time GIGL CEO now?
Joey didn't let Phil finish a sentence during the last cc, why would anyone think he would "allow" him to actually pretend to be CEO on his own?
I don't even think they ever discussed Phil being "the" CEO before the "co-bs" stuff. Joey just threw it out there. I can see Phil reading the PR & saying, "hey Joey, you made me what"?
How could they possibly not know "Phil wouldn't have the time to be full-time CEO"?
15 days is for the "10K - Annual". You get 5 calendar days for the "10Q - Qtr".
Day 1 starts after the report was DUE, not when the "NT was filed". Technically, the report was DUE by 5:00PM EST TODAY.
FWIW, it's really not a big deal if they file tomorrow either. Things can get a bit dicey if they don't file by say Friday.
For people making a big deal out of NT filings, I look at it like my mortgage payment. It's DUE on the 1st but as long as I pay it by the 9th nobody cares! No ding to credit, nothing. Any YES, it is calendar days, NOT business, "just like the 45 calendar days for the filing itself". There is no law that says you can't work 24/7/365 to get your work done! You only get extra time if the "filing office" (Edgar) isn't open on the due date.
Cheers
Is there really anything anyone is looking for anyway in the Q, that we don't already know?
GIGL uses dopey fiscal dates. Q2 2017 "ended" on July 2nd. Didn't bother to look up Q2 2018 date but I'm fairly certain it wasn't 6/30 so I'm guessing NT by Friday 17th...
I know. You said:
Some one just bought over 76000 dollars worth of NEIK. from the look of it I believe it was a privet offering to raise capitol for the contract signing. This is the second one.
I said nobody bought squat & explained the filings. I don't know what you're saying now?
PS. The "as of date" for both 13g's clearly states 12/31/2017.
Nobody "just bought" shares anywhere near $76k. The recent 13g filings are simply required disclosure statements of persons holding 5% or more shares, needed to maintain the OTCQB listing. There have been NO Form 4 filings indicating insider transactions.
By the way, they are technically in default of maintaining the QB listing since the bid has been below .01 for the past 30 days.
Sorry...
You are posting the rules to "upgrade" to QB, not "maintain" it.
Minimum Bid Price Test
As of May 1, 2014, all current and prospective OTCQB-quoted companies must meet a minimum bid price as follows: (i) the company must have a minimum bid price of $0.01 per share as of the close business for each of the previous thirty consecutive calendar days and (ii) once quoted on the OTCQB, the company must maintain a minimum bid price of $0.01 per share as of the close of the business for at least one of every thirty calendar days. OTCQB listed companies which do not meet this minimum bid test will be demoted from OTCQB and downgraded to OTC Pink.
See, everything is just swell...
I copied some stuff from the "Investors" page for a good laugh:
Investment Highlights
One-of-a-Kind in Niche Demographic
Multiple Revenue Drivers
Increasing Financial Performance
Mall Operator Cooperation & Incentives
GIGGLES N HUGS
Joey Parsi, Founder/CEO
Joey@gigglesnhugs.com
Q: Does this mean Joey was promoted & no longer "co-ceo"?
I actually had a sell order in the day BEFORE the "wonderful JF news" broke for about half my shares at 1/2 cent above the high! Was like .345, which was around my "break even" point.
You might consider dumping 1/2 your shares now and halve your loss? If it runs, oh well, you're still in. If it continues to sink, buy back more at .09 - .11?
I've been considering it again myself, but instead I'm watching my money disappear...
I hate that picture! Simply because I have 4 granddaughters, (all who have GIGL shares in UGMA accounts), & 3 of them would like a party like that, more than I would like a party for me in a Vegas strip club.
And here we sit...
Joey & Phil went up the hill... Good one, right? How about this:
There once was a man from Glendale
Who had plan that couldn't fail
He had plenty of hope, but don't drop the soap, 'cause he's a dope, he might end up "in" jail!
Quote: 2 people (1 named Jack the other named Jill) Lifelong Friends:
Joey and Phil and shareholders went up the hill to catch a pail of money.
Joey came down with $225,000 dollars...
I recently posted the earnings announcement/CC. See bold below:
https://mailchi.mp/f921b01a5fde/hive-blockchain-to-release-fourth-quarter-and-fiscal-year-2018-financial-results-on-july-18-2018?e=6e3551a4fb
June 29, 2018
HIVE Blockchain to Release Fourth Quarter and Fiscal Year 2018 Financial Results on July 18 2018
Zug, Switzerland and Vancouver, Canada – HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (OTC:HVBTF) (the “Company” or “HIVE”) will be announcing its financial results for the three and twelve months ended March 31, 2018 on Wednesday, July 18 2018 after market close.
Management will host a webcast on Thursday, July 19 2018 at 8:30am EST to discuss the Fiscal 2018 Q4 and Full Year results. Harry Pokrandt, CEO, President and Director; and Jessica Van Den Akker, Chief Financial Officer, will participate in the webcast.
Financial analysts and interested investors may register for the webcast or visit www.HiveBlockchain.com for more information.
Operational Update
Highlights include:
• In January 2018, HIVE Blockchain successfully operationalized 6.8 Megawatt (“MW”) of capacity with the launch of Sweden Phase 1.
• In March 2018, the Company announced the acquisition of Kolos Norway AS in Norway, which provides significant expansion opportunities to the Company.
• Since the commencement of mining in September 2017 until March 31, 2018, HIVE Blockchain mined over 17,000 Ethereum coins, and 54,000 Ethereum Classic coins.
• Subsequent to quarter end, the Company doubled production by bringing Sweden Phases 2 and 3 online which results in total mining capacity in Sweden of 20.4 MW and brings overall mining capacity to 24.2 MW.
HIVE Blockchain continues to execute on its strategy of expanding mining capacity within stable jurisdictions with access to green, low cost power and high-speed internet.” said Harry Pokrandt, CEO and Director of HIVE.
Funny timing I had about the year end:
https://mailchi.mp/f921b01a5fde/hive-blockchain-to-release-fourth-quarter-and-fiscal-year-2018-financial-results-on-july-18-2018?e=6e3551a4fb
June 29, 2018
HIVE Blockchain to Release Fourth Quarter and Fiscal Year 2018 Financial Results on July 18 2018
Zug, Switzerland and Vancouver, Canada – HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (OTC:HVBTF) (the “Company” or “HIVE”) will be announcing its financial results for the three and twelve months ended March 31, 2018 on Wednesday, July 18 2018 after market close.
Management will host a webcast on Thursday, July 19 2018 at 8:30am EST to discuss the Fiscal 2018 Q4 and Full Year results. Harry Pokrandt, CEO, President and Director; and Jessica Van Den Akker, Chief Financial Officer, will participate in the webcast.
Financial analysts and interested investors may register for the webcast or visit www.HiveBlockchain.com for more information.
Operational Update
Highlights include:
• In January 2018, HIVE Blockchain successfully operationalized 6.8 Megawatt (“MW”) of capacity with the launch of Sweden Phase 1.
• In March 2018, the Company announced the acquisition of Kolos Norway AS in Norway, which provides significant expansion opportunities to the Company.
• Since the commencement of mining in September 2017 until March 31, 2018, HIVE Blockchain mined over 17,000 Ethereum coins, and 54,000 Ethereum Classic coins.
• Subsequent to quarter end, the Company doubled production by bringing Sweden Phases 2 and 3 online which results in total mining capacity in Sweden of 20.4 MW and brings overall mining capacity to 24.2 MW.
HIVE Blockchain continues to execute on its strategy of expanding mining capacity within stable jurisdictions with access to green, low cost power and high-speed internet.” said Harry Pokrandt, CEO and Director of HIVE.
Their FY End was 03/31/18 so the 10k for "TSX Venture" is July 30th. I really hope and expect we will get the "mining details" we need!
I fear it could be a very long 32 days though waiting for that report...
IDK?, but I wish he kept his cool, seemed like he had "all the right questions" ...
...unless you own a ton of shares at a much higher PPS. I prefer if the price were being "manipulated up".
They're as good as cash sir.
Ferrari, might wanna keep that one.
I really don't want to dwell on this too much since I'm also invested here, but maybe the word "concept" is too broad? Or at least maybe I'm saying the concept "could" work, with a lot of tweaking?
The concept of a flying car is awesome & works too, as long as you can make it safe and affordable. (I can come up with many more!)
According to both CEO's, the concept doesn't work if the weather is nice.
I also think about (as the concept is currently), who are our potential customers? Wealthy, or at least "well to do" people with a kid(s) aged 2ish to 10ish. Who is going to GIGL on a Tuesday in October at 1 PM? Now we're talking about 2 to 4 year olds who have a stay-at-home parent. Most young parents work "at least" a full time job. I assume the stores are fairly dead before noon & after 8PM too.
Now I want to kick myself in the nuts since my Schnauzer refused to do it...