Replies to post #31489 on Giggles N'''''''''''''''' Hugs Inc. (fka GIGL)

[Honeycomb777]

It is of my opinion that it never hurts to remind him of how STUCK he is.

Only a fool does a raise with a discounted price of 2 cents or less. Dilution would be massive even if only a milly was raised. He would be lucky to get that IMO.

SELL NOW AND LEAVE JP - expansion by end of 2017 = NOPE...Bahrain by end of Sept. = NOPE...having expansion as a main goal and not getting money out at 15-20 cents = FAILURE AS A CEO. Hope he doesn't trip on the red carpet either.

Oust him and make him head of LA Catering segment, Baio could do a better job as future CEO

[Gator328]

Eh, talk is cheap and excuses are even cheaper. I had a bad suspicion he was full of BS early on, and it was confirmed when he blamed Ramadan as the reason why the Bahrain deal fell apart,

The reality is that Parsi doesn't have the ability to close deals. He doesn't know that a non-binding LOI is utterly worthless, and he doesn't have the business acumen to run a publicly traded company well. He's a community college dropout in a fancy suit, trying to speak an unfamiliar language and desperately wanting to sound intelligent.

In time I think he will get lucky. That's what I am banking on. That, and that nobody else comes along and starts a competing concept.