Giggles N'''''''' Hugs Inc. (fka GIGL)

[ShortsFail]

PR: Gay to lead $GIGL expansion:


"Giggles N' Hugs' business model aligns well with the top trends shaping the restaurant industry," stated Gay. "As an active member of the Company's executive management team, I can put my wealth of industry experience to work as we execute on our plans to expand to 25 locations over the next three years."

"Gay's responsibilities will include designing and implementing processes to support business growth..."

https://globenewswire.com/news-release/2015/02/05/703532/10118520/en/Former-California-Pizza-Kitchen-CFO-Joins-Giggles-N-Hugs-Executive-Team.html

He had one job to do! EXPAND!

Yes, this was from a PR in Feb. 2015. What has Gay done to expand $GIGL since he took this position in 2015?

Nothing. Do you really think anything is different now? In fact, their financial situation is worse now than in 2015. Gay couldn't get it done, with all his CONNECTIONS, in 2015, 2016, 2017, and into 2018.

The fact that he expanded a company before, as everyone is dancing around about, makes it WORSE, not better here because even with a stacked deck of experience and connections he couldn't pull off even one new store in three years.

If Gay was a total rookie, it would make more sense that he couldn't expand. So what you guys think is a beneficial background, I think $GIGL is worse off with. Plus, he didn't have money to expand before and he doesn't now.

NOTHING has changed. One little PR and people are on happy street? Come on, get real.

This has turned into a penny stock shuffle. Shuffling funds, shuffling job titles, shuffling shares, shuffling money, shuffling PRs. Always shuffling!

I am NOT saying this was Parsi's intent from the beginning. It's what happens when an incompetent, selfish person makes a series of very bad mistakes, eliminates good options as a result, and now is in self-preservation mode. Now, he's trying to save himself.

The only play they had was for Parsi to resign completely with zero position within the company and Gay to step back from his private company to work at $GIGL full-time.

But Parsi and Gay blew it. All they did was shift job titles and nothing else. It is crystal clear.

They see a few investors get excited and pat themselves on the back and go back to business as usual. Neither of these guys should get a penny until $GIGL is profitable and let company PROFITS fund their compensation, not the shareholders.

P.S.
Thank you to satomi for your post. I also see my other stickied post was removed. Damn, should I stop posting the truth?