Los Angeles, Dec. 01, 2015 (GLOBE NEWSWIRE) --
Giggles N’ Hugs, Inc. (OTCQB: GIGL) , owner and operator of family-friendly restaurants that bring together high-end, organic food with active, cutting-edge play and entertainment for children, has engaged Chardan Capital Markets, LLC (“Chardan”) a boutique investment bank headquartered in New York.
Under the agreement, Chardan will introduce Giggles N’ Hugs to potential investors and business partners, advise and assist management in preparing for presentations to financial sources, as well as perform a wide variety of financial advisory services.
“We are extremely pleased to have reached this agreement with Chardan Capital Markets,” said Joey Parsi, Founder and CEO of Giggles N’ Hugs. “As we continue to grow and expand our reach in markets throughout the country and the world, we look forward to working with Chardan to assist in taking our company to the next level through their capital markets and financial advisory expertise. In addition, markets permitting, we plan to take the necessary steps to position Giggles N’ Hugs for an up-listing to a national exchange in 2016.”
Chardan specializes in providing the entire gamut of investment banking, trading and equity research, with a particular emphasis on micro-cap emerging growth companies. With over $13.0 billion raised through more than 250 transactions, Chardan has developed a successful record of completing a wide variety of deals. In the process, Chardan has become a leader on capital solutions for emerging growth companies.
About Giggles N’ Hugs Giggles N' Hugs is the first and only restaurant that brings together high-end, organic food with active, cutting-edge play and entertainment for children. Every Giggles N' Hugs location offers an upscale, family-friendly atmosphere with a dedicated play area that children 10 and younger absolutely love. We feature high-quality menus made from fresh and local foods, nightly entertainment such as magic shows, concerts, puppet shows and face painting, and hugely popular party packages for families that want to do something special. www.gigglesnhugs.com .
Forward Looking Statements: Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in the Company's filings with the Securities and Exchange Commission (the "SEC"). Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.
CONTACT: INVESTORS RELATIONS CONTACT: Bruce Haase RedChip Companies, Inc. 800.733.2447, ext. 131 bruce@redchip.com Joey Parsi Founder/CEO Giggles N Hugs Joey@gigglesnhugs.com
