Replies to post #29680 on Giggles N'''''''''''''''' Hugs Inc. (fka GIGL)

[gemmerling]

Thanks Hopefully the stock will rebound after St George is finished dumping their shares. If the rights offering is .02 or better that would at least be the bottom.

[LongCA]

Thanks for posting the email, SH. GIGL

[hopeok]

Interesting post thanks.

[JPL1868]

Nice post! I hope Joey can turn this around and I like to believe we're at the bottom. The only downside I see with his response is it's the same story as before.
In 2009 he raised $2M for expansion. Then it was 12M in 2011 with the hopes of having 150 stores by 2020. He's failed to execute thus far so hopefully he's learned enough to be able to do something with the $5M he hopes to raise this time around.
3-5 more locations in 2018 and there's no looking back IMO. But, again, that's been the story for years.

http://m.marketwired.com/press-release/giggles-n-hugs-inc-first-its-kind-childrens-restaurant-raise-2-million-private-placement-1231737.htm

https://www.google.com/amp/www.sfgate.com/business/amp/Giggles-N-Hugs-raising-12-million-to-expand-2310559.php

https://www.google.com/amp/www.sfgate.com/business/amp/Giggles-N-Hugs-offers-adults-night-out-kids-OK-2309905.php