Replies to post #22470 on Giggles N'''''''''''''''' Hugs Inc. (fka GIGL)

[foxtrader]

Nice news! Go Giggles!

[VSAStory]

This is great news as expected management continues to deliver. The best part about this is validation of international interest in the proven Giggles N Hugs concept. No doubt expansion in the USA is also right around the corner. Rome was not built in a day I think it took two years ;-)
$GIGL long and strong til 2018 minimum.

[DeltaWarrior]

REPOST:

Did you know Phillip Gay works with us via his company Triple Enterprises? I found that out by downloading the program to the BRH forum.

Culinary and Beyond hosted the BRH forum. Read more about that HERE. You can also download the BRH forum program at the link below.

http://www.culinaireandbeyond.com/downloads/

Triple Enterprises is stacked with experience in the restaurant industry. This just got even bigger than I though it was LOL. $GIGL is amazing.

Here is a short back ground on Triple Enterprises.

Our background includes mutli-faceted experience, with emphasis on restaurant companies:

- Sold 70% of Grill Concepts to private individual
- Sold 50% of California Pizza Kitchen, Inc. to PepsiCo.
- Assisting companies on both the buy and sell side
- Consummated $150M in transactions for Diversified Food Group, with deals ranging in size from $5 to $75M
- Eliminated $250 million of operating costs with senior executive team in the $12B merger of El Paso Energy and Coastal Corporation


http://tripleenterprises.com/financial-services/

[stockchaser64]

GIGL OLD NEWS YOU can go back and check all the fluff news this company has put out and see if any of these things has happen and you find nothing this ceo has put out so much false hope that real big investors are staying away .SO SAD STRONG SELL

[Eagle1]

GIGL CEO said in last PR "we expect to take the company to the next level of growth and expand throughout the country and the world”,

Amazing$

[Eagle1]

Repost! !!!HUGE NEWS OUT Phillip Gay nails down deal!!!

Giggles N’ Hugs Signs LOI to Open Its First International Franchise Locations in Bahrain

Giggles N’ Hugs, Inc. (GIGL), owner and operator of family-friendly restaurants that bring together high-end, organic food with active, cutting-edge play and entertainment for children, signed a non binding Letter of Intent (LOI) with City Scape trading (franchisee), a Bahrain-based hospitality company, to open up to two (2) Giggles N’ Hugs franchise locations in Bahrain with additional locations to come if successful.

Under the terms of the master license agreement, which we expect to finalize in the next few weeks upon standard closing procedure’s, Giggles N’ Hugs will receive up-front development fees for each location, as well as an ongoing royalty based on a percentage of monthly gross sales.

“This is among the biggest and most exciting news we have had to date and we expect this to be just the beginning of our expansion efforts,” commented Joey Parsi, CEO of Giggles N’ Hugs. “While working diligently on our funding needs, we are also aggressively seeking to expand our company owned and franchising initiatives, not just here in the USA, but as evident from this deal, internationally as well.”

Over the years, Giggles N’ Hugs has received multiple inquiries from interested parties globally for multiunit master licenses and franchises. The company is now set to begin discussions with these parties for future locations.

With the recent signing of celebrity brand ambassadors Jillian Michaels and Tia Mowry-Hardict, the company is ideally positioned to build momentum for its expansion. In partnership with DomainLA, a leading marketing and brand development agency led by Michelle Steinberg, Giggles N’ Hugs expects its brand ambassadors and CEO to be interviewed on national and local news, talk shows, business programs, and entertainment shows, creating significant visibility for the brand in the coming months.

Philip Gay, Chief Business Development Officer of Giggles N’ Hugs, and John Kaufman, President of Giggles N Hugs, will play key roles in the development of the company’s franchise operations and expansion plans. Previously, Gay and Kaufman held senior leadership positions with several highly successful franchising enterprises, including California Pizza Kitchen where both Mr kaufman and Mr. Gay worked together side by side as COO and CFO respectively, and at Wolfgang Puck Foods where Mr. Gay served as CFO, ultimately becoming its CEO.

“Given that we are one of the most unique restaurant concepts in the market with many revenue drivers, including licensing and merchandising opportunities, as well as an experienced management team in place, with multiple inquiries for franchises from around the world, celebrity partners and customers, and our relationships with some of the largest mall owners in America agreeing to provide us significant up-front cash in the form of tenant allowances, and now with this first LOI for a international master license, we expect to take the company to the next level of growth and expand throughout the country and the world”,


https://finance.yahoo.com/news/giggles-n-hugs-signs-loi-120000477.html
Replies:
Nice news! Go Giggles!
foxtrader on 5/31/2017 9:35:34 AM
This is great news as expected management continues
VSAStory on 5/31/2017 9:46:28 AM
REPOST: Did you know Phillip Gay works with us
Thoth on 5/31/2017 9:57:33 AM
GIGL OLD NEWS YOU can go back and
stockchaser64 on 5/31/2017 12:55:36 PM
GIGL CEO said in last PR "we expect
Eagle1 on 6/1/2017 12:57:08 PM



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