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Then they'll file an extension and then something else will come up and then they'll delay again and then they will just let it stop trading. Joey doesn't give af about anyone buy Joey. If he did, there would have been a PR addressing the colossal questions surrounding this company in order to reassure his investors.
Whoever is really behind this is waiting for me to declare bankruptcy and force me into liquidating my position. They've blackballed me from the industry and any work at all. I literally can't get hired at Burger King. They've destroyed my entire life.
On the bright side, they are powerful enough to do it, so that should give all those who can afford to hold some hope.
This has been a carefully crafted con for a very long time now.
File a complaint with the SEC. The CEO is selling real estate for crying out loud. There is no way this place made it through the pandemic without a material event that they refuse to disclose. Demand answers. They won't listen to me.
Just remember, the SEC is completely aware of the situation and is allowing it.
Are those freshly baked cookies I smell? Lol!
Notice no reference to GIGL in the profile, despite other mentions of Board seats.
https://www.theagencyre.com/agent/joey-parsi/
Lol, I love starting the day with a good laugh. Thank you.
Dare we hope they are under new management?
Who knows? This whole company is a giant lie.
Chuck E Cheese and Kids Empire are open for business in California (and Los Angeles), but not GIGL.
I wonder how GIGL creditors think they are going to get paid?
https://www.facebook.com/ChuckECheese/locations/?ref=page_internal
https://www.kidsempire.com/locations/
There isn't a snowball's chance in Hell that this company made it through the pandemic with their balance sheet without a benefactor. Anyone who's taken accounting 101 knows it.
And the SEC has turned a blind eye to it.
I will be shocked if he is still CEO when they re-open.
Don't feel bad, Gmoney909. These are Olympic-level assholes running this con.
Los Angeles County officials sound like they are really on top of things. "Advance notice" doesn't seem to be in their playbook.
https://laist.com/news/food/its-official-las-restaurants-and-bars-can-ditch-masks-capacity-limits-and-other-pandemic-protocols
I wonder what Glendale Mall management is thinking by letting GIGL not declare what their intentions are 13 days before full reopening in California. I don't see any open job postings and nothing on Facebook about party bookings.
I'd wager it's to inflict as much emotional damage as possible. This whole thing is so fake.
Good for you, Shawny. I'm sure glad you are sticking around a message board you have no interest in.
Yes, patient investor, we are well aware that you cashed out two weeks before California reopens. Makes complete sense.
I wonder what Glendale Mall management is thinking by letting GIGL not declare what their intentions are 13 days before full reopening in California. I don't see any open job postings and nothing on Facebook about party bookings.
I'd wager it's to inflict as much emotional damage as possible. This whole thing is so fucking fake.
Get me the hell out of here, please.
I think the most depressing part of this whole thing is that TooFrank has over 100 followers. For his sake, I sure hope it's an act.
So what's the end game here? You string this out as long as you can before declaring bankruptcy and draining my last bit of hope and I commit suicide? Then you can run to your propaganda machine and hold me up as a martyr who lost to the big, mean Iranian who wanted to expand into Turkey, Guatemala, and the middle East?
You CIA fucks are real pieces of work.
Here's another fun fact for the long time viewers: Nacogdoches, TX is also home to..........
https://en.wikipedia.org/wiki/Charlie_Wilson_(Texas_politician)
Fuck you from the bottom of my heart.
Let the record show that Los Angeles is now at 50% restaurant occupancy and there is still no word from GIGL (notice I don't say Joey - who knows who owns the place anymore) on what the Hell is going on. Last time anyone heard from GIGL was a July 22, 2020 Facebook post. It's now been almost 1.5 years since the last time GIGL filed financial statements and the SEC has allowed it to continue trading despite being fully aware of the situation.
Well, we should be gettin real close to that oh-so-elusive moment of clarity when we finally find out who is more full of shit: Joey or the SEC?
King Bee, out.
I don't care if you put a bullet in this fucking thing -I knew that risk-, just let me have my career back.
Please.
#catchandrelease
No worries, gmoney! Rainbow Bright is on it!
I would prefer we don't give Joey the ability to issue shares at an elevated price. His rope is long enough.
I have the how, why, and where. But when? That's the real question.
Long live deep value and long live Roaring Kitty.
Meow.
I don't know. That's why I asked the SEC.
What I do know is there are extremely shady people involved in this that have have threatened my life and ruined my career. And I hope every one of them is exposed and put in jail. I am putting this all out there because I sincerely believe an "accident" is in my future.
I would like to know why this security is being allowed to trade in light of the following circumstances:
1. The company has not filed financial statements in over a year. For this reason, many broker-dealers will not allow buy transactions. However, this has not stopped highly unusual trading activity over the course of the last few months. On numerous days, there has been trading volume that is dramatically larger than the daily average – all without any news – that seems to keep the price stabilized over its minimum trading-price-for-listing of .01. It seems to me that this situation proposes a serious opportunity for illegal activity.
2. The last time anyone heard from the owner/CEO/only Board member was Nov. 20th, 2019. Since then, he has closed all operations and executed a reverse stock-split without any approval from shareholders. The store closures were completed after years of repeatedly making false expansion declarations, including bringing on a celebrity brand ambassador (Jilian Michaels) that went on TV and declared they were opening six new stores by the end of 2018 (they’ve opened none and closed two, leaving one remaining location that has been closed since March of 2020. They also used that celebrity brand ambassador’s likeness in their last crowd-funding campaign while knowing she was no longer associated with the company). In addition, they shut down their company website over nine months ago. What exactly are the rules around company announcements and communication with shareholders? Because again, management has ceased communicating with shareholders and when they do, it appears to be information that is not true.
3. How are they allowed not to file financial statements? Their last quarterly filing (9/29/2019) said they had $3.5M in liabilities and less than $5k in cash, with a going concern label that said they were supposed to be out of money over a year ago. They’ve since ceased all operations and have no revenue, but have not declared bankruptcy and have given no explanation as to how they are handling their creditors. How are they allowed to not disclose any of this, especially with no halt in trading? This is material information that must be disclosed. I suspect, in light of the reverse stock-split, that there is some sort of agreement in place that would have a materially beneficial affect on the stock price that I am not allowed to take advantage of because of the company’s failure to file financial statements. If they can afford to avoid bankruptcy, they can afford to file their financial statements and update their shareholders.
I have filed multiple complaints against this company over the years with the SEC and every time the SEC has ignored me. At some point the SEC is going to have to explain what they were doing while all this was going on because it is definitely not normal and you (the SEC) have definitely been made aware of it.
Lol, amateurs. I'm not sure who's more dishonest in this scenario, CAKE or the SEC.
Joey must have spoken with management at CAKE and said "hold my beer".....
https://www.yahoo.com/finance/news/sec-charges-cheesecake-factory-for-misleading-investors-on-how-hard-it-was-hit-by-the-pandemic-145408005.html
To even hint that I'm the asshole here is a testament to your lack of integrity.
SEC complaint time! Let's see what they think about deadbeat "management" that fails to update shareholders for more than a year. I figure if you throw enough shit at the wall, sooner or later something is gonna stick.
It sure would be helpful if I wasn't the only one.
https://www.sec.gov/oiea/Complaint.html
Yeah, must be some diabolical insider dropping $33 on a trade. Probably Bobby Axelrod.
This video is great, and sadly more informative than anything GIGL management has produced lately. However, I am a bit disappointed they didn't bring me on as a high-level executive with an extensive history of consuming drugs and wanting to fight.
And unless I'm experiencing a glitch, GIGL no longer has a working website.
Bravo SEC, bravo!
Clowns.
I wrote this over a year ago. They've since closed another store and the "co-ceo" has quit pretending he works there. My brokerage won't let me buy because they haven't filed financial statements in so long.
On the brightside, I get to file another complaint in 14 days because it will have been over a year since Joey addressed his shareholders. I can't emphasize enough how shady this company is.
Written 10/22/2019:
As of 3/31/19 they anticipated having enough cash to last until 7/31. As of 6/30 cash WENT UP DESPITE A NEGATIVE CASH FLOW STATEMENT and was anticipated to last until 9/30. It is now almost the end of October and not one God damn word to shareholders about what is going on.
The Co-CEO, former "Business Development Officer", and only other BoD member is investing his money in other non-GIGL restaurants while claiming the new hire of a hospitality group with no proven track record is another piece of the puzzle that was supposedly completed years ago. And oh yeah, he's accrued almost 4.5M shares to date for doing what exactly?
Meanwhile, the COO has taken another full-time job at another hospitality group while still being employed and collecting full salary at GIGL.
Lastly, almost $7.5M of market cap has vanished since inception, they've closed a store, publicly misled their shareholders and potential investors on multiple occasions - including Jillian Michaels declaring on TV that six new restaurants were coming by the end of '18 - and yet there isn't a single lawsuit in sight.
Nothing to see here folks. This is all completely normal and should in no way be investigated thoroughly by authorities.
I would suggest anyone that is not allowed to buy this piece-of-shit security by their broker-dealer because the piece-of-shit "management" can't file their financial statements send a complaint to the SEC demanding a halt to trading because they are failing to disclose material information.
I have already attempted (I say "attempted" because who knows if it actually gets read) to do so. But the SEC doesn't seem to care that a company that is a going concern and is too broke to file financial statements can somehow manage to stay in business when restaurants run by non-con-men are going out of business left and right.
And when Joey crawls out from under his rock and makes an announcement, I suggest suing the shit out of him and the SEC for failure to disclose material information and dereliction of duty.
He can't hide forever.
It ain't over til it's over. C'mon Vera (Hospitality), show us what you've got!
You get it! (insert seizure face)
Too bad Jilian Michaels is busy promoting her new 7-minute workout plan instead of GIGL frozen foods, franchising opportunities, or the revolutionary "expansion via store closing" business strategy (I have no doubt it will soon be part of Harvard's online MBA curriculum).
Little does she know, I am hard at work creating a 6-minute workout plan that is going to put her out of business.
Charlatans everywhere.
It would be a murder/suicide, I'm sure.
For all new message board eyeballs, welcome to Giggles'n Hugs!
Thank you. I'm sure it is with how much he's paid himself throughout the years.
I would. Will be nice to have if I ever fully snap.