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I thought we just had an unsuccessful "Crowdfunding" event? People bought a "right", & their "prize" was a warrant.
How the hell is crowd funding even legal for a publicly traded company? I never get that?
Sorry for the delayed response. I thought someone else posted that crowd funding link was actually older and "not" only from a couple weeks ago?
Anyway, I signed up for it on Friday, 5/4. I initially used "somewhat accurate" figures regarding my net worth and had to say I was looking to invest at least $10k. The GIGL offer was there, but remained "hidden".
I then changed my figures to say I was an "accredited investor" since I mistakenly thought I won the lottery. I also think I then said I had $25k to invest.
The GIGL offer then became "visable" and said "this company is no longer seeking investors"...
See, I knew it! You do care a bit!
On another front, I've been real quiet here since I've been trying to adhere to the 'ole "if you have nothing good to say, then..." (you know the rest) BUT
Where "did the BUCK STOP" with every possible decision regarding funding, change of authority, expansion, personnel, etc the past 3 years, and where "does it STOP NOW"?
If you could care "less", that means you care at least somewhat, right?
So on a scale of 1 to 5, with "1" meaning you care "very little", & "5" meaning you care quite a bit, with "3" meaning you care "about average", what level would you rate your "care" at?
The Shuttle program ceased operations in 2011. Are you sure that's the best analogy for OWCP?
Maybe a lot of people participated in BitCoin and it's taking extra time for Joey to figure out how to open accounts & do the conversion stuff?
JC "last one to preach"? Lol
Maybe he needs more time to count the money because they got so much?
The only thing that matters is the "EDGAR" calendar & schedule and April 16 is NOT an "EDGAR holiday". Technically, the report is due by 5:00PM EST 4/16 to NOT be considered late.
With that said, I doubt there would be any "issues" at all if they do file by Tuesday...
Cheers
No Christmas(Santa) at your house? Boo hoo...
Thx, must be a TDA thing.
Got it. Sorry if I implicated you. I remain curious if/how anyone here "participates" or adds to the "offering".
I'm curious regarding folks saying they "just added" or "will add" to their participation: I hold GIGL in 1 regular account, 1 IRA, & 4 Trust accounts (Tiny amount for each granddaughter) All are TDA Accounts.
I partially participated in the main & IRA account, nothing in trusts. In all 6 accounts, the "corporate actions" links NO LONGER APPEAR. Meaning there is NO WAY for me to add or participate online in any of my accounts. I "might" have thrown $100 bucks in each Trust account, but won't bother calling to do so.
Just wondering...
Many years ago, I remember reading about this "advanced technology" called "DVR" (Digital video recording)! Are you saying these guys actually cracked the code & will allow us to RECORD programs? What's next, a device I can hold in my hand & point at the TV to change channels & stuff? Game changer!
He was thinking "Dick" Friedland...
If you're serious about possibly adding more rights, you should call you're broker to see "if you can".
Not that I plan to, but TDA has me "locked out" from doing anything in the accounts where I already participated, & "no", I did not fully participate based on the shares I own. The links either no longer appear or they aren't enabled.
Just saying...
Re: Will the real CEO please stand up?
This is a stretch on my part and only a guess, but based on the wording, maybe Gay doesn't take over until the subscription closes?
On February 28, 2018, Phillip C. Gay accepted the position of Chief Executive Officer of Giggles N’ Hugs, Inc., a Nevada corporation (“Giggles” or the “Company”) effective April 1, 2018, upon the completion of Giggles’ rights offering.
Quote:
If I was Gay, I would be Straight with the Shareholders
Confused or bi?
I figured out the most obvious, perfect answer as to who the accumulator is! I’m sure everyone will agree I really nailed it here and folks will be lining up to give me one of those "plus one" thingys for this post:
Since most “malls” are dead or dying, this is the perfect plan and fit for GIGL. Joey must have contacted “Service Corp International-SCI” and pitched a brilliant, futuristic idea. (Service Corporation International is an American provider of funeral goods and services as well as cemetery property and services.)
Dead malls in densely populated areas can make the perfect transition into mausoleums and columbarium’s! What a great way to stop wasting land for cemeteries and make use of existing land and structures. No kid wants to visit grandma or grandpa at a cemetery anyway so why not make it fun and kill two birds with one stone? (bad analogy?)
Mom & Dad’s anxiety can be relieved with a couple glasses of wine while the kids get their healthy meal and play-time. Plus, junior can still have ice-cream for dessert “with grandma” except she’ll be bought to the table in a jar (ahem, urn). As an added plus, the kids won’t need to field stupid questions like “how’s school?” or “don’t you ever put that electronic thingy down?”
Finally, I would suggest a “slight tweak” in name to better align with the new “theme”. Update the name from “Giggles ‘n Hugs” to “Giggles and Prayers”, or “GAP”. Gives it kind of a familiar catchy 1980’s mall-type name! Hey kids, wanna go to “The GAP”?
Perfect, right?
TDA says the deadline to submit instructions was 3/28, period. Doesn't matter if you have cash or not...
I forgot to add "LOL"...
...Mr. Parsi went on to say Mr. Ferris's compensation will be determined once the rights offering concludes and we see how much money we collected to distribute to insiders, consultants, chefs, brand ambassadors, advisors, etc.
I wonder what they would file? Technically the shares are exercised/issued/paid for "after" the subscription closes. I guess we'll see?
So we got our break "above .03". I sold 50k at .031 and then exercised 50k. I also picked up another whopping 10k in another account without selling any.
Just for Hugs and Giggles, I went back in and attempted "instruct" (just in case I want to do more), and it says:
"Sorry, you have already submitted your instructions using this control number. Please contact your financial institution for details on your instructions."
So I guess I'm locked in?
Nope, not us.
Hey, I hope I'm wrong about that show, but for the reasons I stated, I don't think so. (I'm only talking about that 1 show, not the other connection possibilities!)
NOBODY watched the Fox Business thing except a handful of us existing GIGL investors. My cable company didn't even update the guide from "paid promotion" to "Red Chip" until around noon (which meant my recording failed). Now consider it was Sunday afternoon on against NBA, NASCAR, PGA Golf, & THE OLYMPICS.
Find a different connection...
So - ya know what I am asking myself at this very moment ? How many angel investor and VC-types watched that GIGL segment on Fox Business Channel ? HMMMMMM
Who would believe an "LOI" at this point? We know they need funds before they can do ANYTHING. As much as I want some excitement here, I don't see how they could release one? Could do more harm than good.
As far as your earlier comment "we know an LOI will come weeks before..." (something to that effect) Here's a crazy thought:
Maybe there won't be an "LOI" and there will be an "actual contract"! You know, the way "real companies do things"...
IMO the price only goes up with "expansion" and they can't expand without additional funding so the answer to the first part of your question is "definite maybe". (BTW, when you say "everyone", that means fully subscribed to me so difficult to see how expansion news would not follow?)
As far as "dumping", it depends how much the PPS goes up? The .06 warrant provides protection there, right? .10 cents would be a "quad" from here but would you sell your shares to destroy your warrants?
Wait, one more, I have a better idea! The "COIN" thing is a hint they are entering the Crypto sector!
The agricultural model will be equipped with a Proprietary Organic Feeding System (known as POFS) so that the aircraft can fly over & feed newly invented Bitcoin crops where high-value Bitcoins are grown.
Exciting times...
Cool, they're pretending to do another new thing with the nonexistent "mysterious airplane" by entering the "Counter Insurgency (COIN)" sector!
This would explain why the plane is invisible! ...the Surveillance aircraft would be able to fly very low, away from radar detection.
The next "update" will tell us "due to secrecy, we will no longer be able to issue updates or speak in any way about the top secret plane, or anything we may, or may not be doing regarding this project".
Hope she gets fat too. Really great comments posted with that pic for our "CEO" also...
Don't jinx us! I'm just starting to breathe a bit easier...
Another fun thought: They can extend the offer for up to 30 days. Imagine an "extra" 30 days of silence & speculation!
They won't know. Investors need to "request" extra units & when the offer closes, they go thru the orders & determine "who gets what".
I saw something similar for the units themselves but not sure how that could happen? In other words, someone requests units, but they are "sold out". They included a provision for handling that.
I think it was only issued due to the extension until April 2. TDA sent more emails to me too...
I will sell some & participate IF the PPS gets above .03!
You're coming close to infringing on my previously posted idea for a "Giggles N' Tugs" private massage room for the dad's while the family blaa, blaa, blaa.
Don't make me take legal action...
I agree, that's why I looked into them. I'm in the US so not an option for me. Volume is way down today & price seems stable (right now). I'll take it as a "positive" if they maintain their current price.
OWCP has always used the extension for filing of 10K & 10Q. We can expect the annual report mid-April & the Q mid-May. It will feel like (and be IMO) an eternity if we don't hear anything with meat before then.