Replies to post #29573 on Giggles N'''''''''''''''' Hugs Inc. (fka GIGL)

[Gator328]

He is the largest shareholder. Pretty tough to get rid of the largest shareholder, especially in OTC when there aren't shareholders meetings, etc.

I dont understand why Bahrain is such a big deal though. We are already used to Parsi overpromising with worthless LOI's. Eventually one should materialize. His problem is that he puts the cart before the horse, and acts as if an LOI is the same as the deal happening. Anyone can sign an LOI. I can sign an LOI with Parsi tomorrow to put a Giggles n Hugs on the moon -- doesn't mean it will happen, and I am off the hook if it doesn't. He needs to start requiring a bond or a breakup fee -- if a party isn't willing to agree to that, it's an easy test to see how interested they are in the first place.

Inexperience hurts everyone. But Bahrain itself is a small territory. It doesn't matter.