Replies to post #35546 on Giggles N'''''''''''''''' Hugs Inc. (fka GIGL)

[Vet-trader]

Here is the the link,

https://finance.yahoo.com/news/former-cfo-california-pizza-kitchen-153734125.html

This is Gay apeaking

“With this in mind, discussions are underway with mall owners and we will update the market as necessary. Also, one area we can focus on immediately is right-sizing the corporate infrastructure of the company. As a result, to better reflect his new role in the Company, Mr. Parsi has agreed to lower his base salary, which will reduce the current cash burn rate and further what we can achieve with the proceeds from the offering” Mr. Gay Continued."

[ShortsFail]

Sorry, that's not showing Gay being responsible for Parsi's salary cut, that's just Gay DISCUSSING Parsi's pay cut. I read that statement before and that's why I thought you had something different. There is nothing showing Gay had anything to do with Parsi's salary cut.

That's also why I posted the false causation theory, so we could avoid that problem.

But I'm not disappointed, Gay has accomplished nothing in three years (well, except hire his own company at an inflated rate), why start now. A job title in a little company like this means nothing. This isn't Microsoft, where job titles are defined roles.

I'm discussing Parsi's salary cut here, does that mean I'm also responsible for the reduction?

Plus we don't know if the monthly pay "cut" was a real pay cut or redistribution of his compensation.

More word play by Parsi, which he is known for.

Oh, LTGiggler...I saw that Reed's document, which was not completed. If there was a deal done with them, $GIGL passed up their mandated time frame to 8-K it. I don't think Parsi would sit on perceived good news or want to cause an SEC violation.

Having the same lawyer, you ask? Well, it means they both have legal representation. That's what we learn from that.

I once had the same manager as Ice Cube...we didn't do any rap albums together because of it though. LOL