Replies to post #19648 on Giggles N'''''''''''''''' Hugs Inc. (fka GIGL)

[DeltaWarrior]

$GIGL Ancillary Revenue Opportunities:

In addition to our core restaurant revenues, we have a number of ancillary revenue streams, some of which are being monetized today, which promise to generate higher margins than ordinary restaurant operations. Unlike traditional restaurants, the Company either has or will generate revenues from:

(1) admission fee for play area access;

(2) birthday parties and private rentals;

(3) drop-off service;

(4) branded in-store and retail outlet merchandising;

(5) franchising;

(6) licensing.

The licensing revenue opportunity has significant potential. The Company recently entered into an agreement with The Licensing Shop, a Toronto-based licensing organization that works with brand-oriented companies to leverage existing intellectual property into “on-brand” products. The Licensing Shop currently represents such well-known brands as CBS Consumer Products, Sesame Street, Sketchers, Dino Dan, and Monster Jam. This partnership could help the Company leverage and extend its brand into licensed products, creating new revenue streams and reaching new customers. Under the Licensing Shop’s guidance, the Company is planning a staged rollout of apparel, lunch boxes, school supplies, and other branded merchandise.


Cindy Davis, of Davis Branding, is partnering with The Licensing Shop team to develop and support the brand merchandising strategy for Los Angeles based children's themed restaurant, Giggles N' Hugs. Prior to that, Cindy headed up the U.S. office for global licensing agency, Copyrights Promotions Licensing Group (CPLG) where she was responsible for representation acquisitions as well as the creation of sales strategies for represented properties. Cindy's branding and licensing career spans 20+ years working on a range of properties & brands from Mickey Mouse, the Power Rangers and Strawberry Shortcake to Coke and McDonalds at companies such as The Coca-Cola Company, Enesco, Saban, and DIC Entertainment. Cindy has a BFA in Journalism from the University of Memphis.

http://www.thelicensingshop.com/home.html (go to the about us page)

[John Kent]

Reaching much?

[DeltaWarrior]

The mans resume speaks volumes. Not many OTC companies with the management and leadership of $GIGL.

Joey Parsi, Founder, President, & Director

Joey Parsi had a long and successful career as an investment manager and entrepreneur. He had a 20+ year career working on Wall Street for Lehman Brothers, Sutro and Company, and Prudential Securities. Parsi previously served as an investment advisor for Lehman Brothers; senior vice president at Sutro and Company, where he managed and oversaw millions of dollars for individual and institutional investors specializing in IPOs and technology equities; and worked at Prudential Securities where he oversaw client assets in a number of investments.

In 1998, Parsi opened Barron Chase and was able to expand the company to more than 30 employees. In total, Parsi and his team raised more than $30 million in funding for nine separate companies, many of which are now publicly traded on the NASDAQ markets. After liquidating the business in 2001 he joined TD Waterhouse, where he personally managed more than $350 million in assets for clients, and oversaw more than $1 billion in assets in his region. Parsi then went on to found Giggles in 2008.