Boston?

Well den lad.....don't be keepin' de stories ter yerself...spit it oyt *channeling his Irish self* :D
Look forward to hearing your MA theory :)

LOL...good sleuthing fellas *puts on his Sherlock hat* :)

Thanks

This link points to nothing relating to GIGL. I think the link might have changed. What did it point to originally?

I apologize if my words offended you Shortsfail. That was not my intent. I just want to get some positive momentum going on this board and was trying to highlight the futility of all the negativity being thrown around. Lets be helpful in our suggestions towards management instead of hurtful which is counter productive. Whether or not people take up on it is up to them as this is after all a free board and everyone has a right to their opinion….including me.

Thanks

I am all for accountability. I would myself register a complaint if I felt this was the right time to do it but I have not made up my mind yet. If you have it is your right to register a complaint though I think little will come of it as it is not yet proven that this is a failed concept and that he has been lying about it all along. I do agree he has been bloating up some facts. Here are things I would like for Joey to clarify:

1) What really happened with the Bahrain LOI? It wasn't just the month of ramadan that led to its demise. Also would like to see a copy of that LOI that we can peruse.
2) Provide proof that he has been getting offers from malls about discounts they are supposedly ready to give
3) Provide proof that he has been getting offers from all over the world for franchising
4) Provide details about Phils role as CEO and how many hours he is truly working with GIGL
5) Provide details about his partaking in the rights offering, how many shares did he actually buy?
6) What happened with his failed deal with St. Georges? Why did that fall through and why did they shed the 9 million shares thus tanking the stock from .25 to .03 something he suggested was what was happening.

I would definitely feel much better if these questions were addressed.

Enjoy that Bourbon ;)

Hmmm I did not say that you were bullying me or whether you were the bully. I was simply saying let’s be gentlemanly about this and give management the benefit of the doubt. Trying to complain all the time thinking somehow the management will magically satisfy your demands is childish.
Imagine a scenario where the stock goes to $1 in an year. Will people still be complaining or content counting their earnings? This is selfishness at its best. People just want their needs met and will throw a tantrum if they can’t have what they want. Are we in second grade here?

I am not saying management should not be held accountable but its too early to pass that judgement IMO. They have made bad decisions but let’s also give them credit for the good ones
e.g.
- Making Phil CEO something everyone wanted. Shows Joey at least respects people’s wishes and understands his failings (hopefully)
- Two happening locations with great reviews that bring joy to many children and parents
- Good events held at the locations e.g. Mindful Mondays https://www.instagram.com/p/Bh7eoP6hDm6/
- A great vision and concept which has much potential. Single reason why everyone is here invested in this concept. A concept that Joey & his wife envisioned so lets give him credit for that as well.
- Top notch people in management (except Joey perhaps) who though still in the background are supporting the concept. This may change so lets hope that they become more active especially Phil.
- Great market demand fulfilling a need that has yet to be tapped. Malls also benefit from it by getting more foot traffic.

GIGL might go big or broke and I am betting on big. Either way I will make peace with it. Will you?

True that this may very well be just a marketing gimmick to appease the investors. I believe in giving people the benefit of the doubt. It's still too early to tell what role he is going to play moving forward. Time will tell and I for one am willing to wait a while longer and not jumping to conclusions only a couple of weeks since the announcement and expecting him to work miracles overnight.

I have to agree with Vet. Being negative does not help anyone or anything. Positive criticism is better than negative and some of the posts here are simply cyber bullying.

I agree that Joey should be held accountable for his actions especially if they have been misleading. I think he tends to make big bold statements and is more a marketing person then a good leader but he had the sense to realize that and hand over the reins to Phil. I think we all agree Phil is a much better choice. Let’s give him time to prove himself. I would give him a couple of months and just be patient.
Let’s just stop the negative stuff that is depressing to read and serves no purpose. After all giggle n hugs is all about bringing joy so why not spread a little joy on this board as well.

Hi HC, it's a shame that you have turned against GIGL at a point where things may actually be looking up. It would be a shame to loose you on this board and all your insights.
I am in the same boat as you being heavily invested in GIGL but I am in it for the long haul. I am willing to take a risk on GIGL only because I believe it is a worthy concept and I am willing to stand by it till the very end.

I agree with vet-trader. Give the new CEO a chance. This is indeed a great concept. Let's generate some positivity and look to a better future instead of trying to rehash the past. Trying to bring it down is not going to attract new investors or benefit existing ones. I have always believed in this concept of bringing good food and a good fun place for children to enjoy themselves. They have succeeded in that at least if not in making it mainstream yet. Let's give the new management some time to prove themselves.

Love this. They are spreading good will and making a positive impact. Good always breeds good IMO. Go GIGL!

I emailed Joey. Haven't heard anything back yet.

I participated too. 150,000 shares. GLTA.

Toys R Us + GIGL

Toys R Us is going bankrupt thanks to online retailers and not enough foot traffic to their stores. I see an opportunity for GIGL to tie up with them to open a location at each of their stores to bring in the foot traffic they need. GIGL model is desperately needed by these big retailers and malls right now to combat the threat of online giants like Amazon taking away their revenue. So much potential!

YAY GIGL! Go Phillip!

Totally agree with you HC. I believe in the concept which has merit and a lot of potential. Eventually this will take off and it will be worth the wait. This is definitely not a typical penny stock.

For all those believers who stuck through the worst of times....cheers to you all! Good time to be a GIGL'er :)

See Joey's reply

Yes that's the correct address. It took him a couple of days to get back to me, 3 days to be exact. I hope he does reply to your queries. Let us know if he does.

Thanks for the Barron Chase news. I was not aware of that. I would like to give him the benefit of the doubt but it does make you ponder.

Good analysis. I feel they will figure out the funding soon (based on Joey's email) and the stock will reach your predicted figures.

Couple of thoughts to ponder in favor of GIGL
- A concept worth investing in: Giggle n Hugs as a company is trying to bring joy and happiness to kids around the world while feeding them good food. The good reviews on Yelp suggest that they are succeeding in that endeavor. An effort worth supporting.
- A capable team: They have an all star team with great experience backing them up. Joey’s capacity as a CEO is yet to be proven but I appreciate his honesty and integrity. In all his PR’s he has always been upfront and honest about where his company stands. I also appreciated the fact that he took the time to email me back recently (see Joey Email). The recent struggles (with St. George selling off shares, Bahrain offer falling through etc.) may have put him on a backfoot but I believe he is learning from his mistakes and will eventually deliver.
- Long term gains: The stock price is undervalued at this point. Given the solid 10Q filing recently this stock should be much higher. I do feel it may have hit its rock bottom and the only way to go from here is up. I think in the next 5 years this stock may easily cross a dollar if they can deliver on the expansion.

Feel free to add your thoughts on this.

Sure. Here was his reply
-------------------
Thank you for being a shareholder. We appreciate your kind words. Rest assured that we are working hard to insure that we execute on all our growth objectives. We are very excited for 2018 with our funding hopefully closing soon, we expect significant growth in new company and franchise locations throughout the country and the world. As stated in the most recent press release, we think our share price is trading at a significant discount and believe those who are buying shares will be handsomely rewarded. We have some incredible things that we are working on but unfortunately, we can not disclose until we finalize. I hope you remain a shareholder and or buy more shares as we are very bullish on our future prospects with the funding finally coming together.

Best

Joey Parsi
Founder / CEO
Giggles N Hugs Inc.
Joey@gigglesnhugs.com
------------------------------

Hi Mr. Parsi,
I have put a lot of faith and trust in your company and have been heavily invested in it for quite a while. I stand to loose much if your company does not deliver. I am concerned that time is being lost and no new locations have been opened at all this year. The rights offering is also not looking too good given the stock price. Your concept has much merit so I am a bit surprised that you have not been able to get the financing you need and deliver on the expansion. I have faith in your team's capacity to deliver but at this point in time I just need some re-assurance. Any words you can offer would be much appreciated.

Future of Giggle n Hugs

I wrote to Joey and honestly didn't expect a reply back but was pleasantly surprised to hear back from him. I have faith in him and his team and I think he will eventually deliver on his promises. Here is his reply to my email.

Have 300k shares invested at 8 cents and I am staying for the long haul. I believe this company has a good foundation and concept. Give this company 5 years and this will hit record highs. Bahrain news should be out soon based on Parsi's recent interview.