Patience is a virtue their management team is top
Post# of 3935
-Giggles N’ Hugs (GIGL) is structured to benefit from multiple revenue drivers;
-Admission fee for play area access
-Food and beverages
-Birthday parties and private rentals
-Child drop-off service
-Beer and wine
Branded in-store and retail outlet merchandising via licensing and merchandising model U.S. and international franchising
- star-studded list of customers and their children including Sandra Bullock, Heidi Klum, Jessica Alba, Halle Berry, Jennifer Garner and Ben Affleck, Denis Quaid, Mark Whalberg, Adam Sandler and Dustin Hoffman .
- Giggles N’ Hugs (GIGL) was rated among the best family and kid-friendly restaurants by CitySearch, GoCityKids, and Nickelodeon, Giggles N' Hugs (GIGL) has been voted the No. 1 family restaurant, No. 1 birthday party place, and the No. 1 indoor play space in all of Los Angeles .
- Giggles N’ Hugs (GIGL) has an O/S count of 119 million and a tiny float of 89 million or less shares verified with TA on 02/16/17 www.otcmarkets.com/stock/gigl/profile (This means the share price could rise very quickly with such a small amount of shares available )
- Giggles N’ Hugs (GIGL) has a very powerful management team, just look at these amazing people and what they bring to Giggles N’ Hugs (GIGL):
Joey Parsi, Founder & Director:
Joey Parsi had a long and successful career as an investment manager and entrepreneur. He had a 20+ year career working on Wall Street for Lehman Brothers, Sutro and Company, and Prudential Securities. Parsi previously served as an investment advisor for Lehman Brothers; senior vice president at Sutro and Company, where he managed and oversaw millions of dollars for individual and institutional investors specializing in IPOs and technology equities; and worked at Prudential Securities where he oversaw client assets in a number of investments.
In 1998, Parsi opened Barron Chase and was able to expand the company to more than 30 employees. In total, Parsi and his team raised more than $30 million in funding for nine separate companies, many of which are now publicly traded on the NASDAQ markets. After liquidating the business in 2001 he joined TD Waterhouse, where he personally managed more than $350 million in assets for clients, and oversaw more than $1 billion in assets in his region. Parsi then went on to found Giggles N’ Hugs (GIGL).
Giggles N' Hugs President John Kaufman w as the COO at California Pizza Kitchen when the founders had just two locations. Joined by Giggles N' Hugs' CFO Phillip Gay, who at the time was CFO of California Kitchen, Kaufman grew the company from two to more than 100 locations – at which time it was bought by Pepsi Co .
Kaufman was recruited as president of Koo Koo Roo Chicken, one of the fastest growing fast-casual concepts on the west coast, while Gay joined Wolfgang Puck Restaurants group as CFO, eventually becoming the CEO.
Michelle Steinberg has an impressive history of successfully assisting numerous A-list celebrities and major corporate brands with product launches and various other ventures. Her experience includes launching several renowned restaurant brands, including TAO restaurants, the Palazzo Hotel, House of Blues and Planet Hollywood and All Star Cafe.
MIchelle Steinberg has also handled product launches for many celebrity brands, including, Elton John, Nicole Richie, Jennifer Hudson as well as many others and currently works with corporate clients across the hospitality, lifestyle, fashion and beauty spaces, including iconic brands such as Volkswagen, TAO Group, The Los Angeles Lakers, Forevermark, a De Beers Company, Crocs, Kohl's, Bruno Magli and Ben Sherman among others. Leveraging her astute capabilities and significant industry relationships, Steinberg will likewise introduce the Giggles N’ Hugs brand to a targeted audience of investors, media professionals, manufacturers, retailers, advertisers, designers, distributers and consumers.
In addition to strengthening Giggles N’ Hugs’ overall brand strategy, Steinberg will assist with the market launch of new restaurant locations, services and products at a grassroots level in several major markets nationwide, including New York, Miami, Chicago and Los Angeles.
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