March 24, 2017 Giggles N Hugs Inc (OTCMKTS: GIGL)
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Posted On: 03/24/2017 4:13:32 PM
March 24, 2017 Giggles N Hugs Inc (OTCMKTS: GIGL) Could Extend Its Recent Rise Due to These Reasons By Michael Luke
http://streetregister.com/2017/03/24/giggles-...e-reasons/
Giggles N Hugs Inc (OTCMKTS: GIGL) has seen a big rise in its share price, recently. GIGL was up over 3,000% in a three month period recently, due to some favorable news of a major celebrity partnership. If you have not heard of Giggles N Hugs Inc is the first and one of the only restaurants that has been bringing high-end, organic food with active, innovative play and entertainment for children. That in mind, each and every Giggles N Hugs location offers an upscale atmosphere for families, and Giggles N Hugs locations have a play area for children 10 and younger.
According to the company, children absolutely love the play area, and families are happy with that. Parents are able to eat and relax, while their children have the time of their lives in the dedicated play area. This should keep families coming back, and as with many restaurants, it’s key to have everyday customers. In addition, Giggles N Hugs offers nightly entertainment, including concerts, puppet shows, magic shows and face painting, which could be great for events like birthday parties for kids.
Moving on, let’s get back to some company news. Giggles N Hugs recently announced it entered into partnership with Jillian Michaels. Now, you’ve probable heard of Jillian Michaels Before, but for those of you who have not, she’s a fitness expert and renowned life coach. The stock has been rising significantly, after Giggles N hugs, and it should drive the company’s revenues and earnings growth. The stock has been riding higher on this news, and recently made new 52-week highs.
ccording to Giggles N Hugs founder and Chief Executive Officer Joey Parsi, “Having Jillian as our first brand ambassador, along with her and Giancarlo’s vast business acumen, will position Giggles N Hugs for great success in the weeks, months and years to come…Their focus on healthy eating and an active lifestyle are a natural fit for our brand as we aggressively work to increase our footprint with new locations in numerous markets and to explore the brand presence through consumer product goods.”
That said, Jillian Michaels will become one of the largest shareholders in the company, as well as the global brand ambassador, through the multi-faceted partnership. The fitness expert would bring in vast knowledge and experience in build world-wide, successful businesses, to this family-friendly restaurant and children’s play space. Moreover, Michaels could help Giggles N Hugs with its brand recognition, and she could market to her followers.
When speaking on the partnership with Giggles N Hugs, Jillian Michaels stated, “As a businesswoman, I’m committed to aligning with brands that further health and wellness for people of all ages…Giggles N’ Hugs is the most fun space for families of all ages and I hope to help them expand globally so that countless other families can enjoy the same experience that mine does when visiting their restaurants and play spaces.”
This was not the only potentially bullish news that Giggles N Hugs had recently. The company recently announced that it repaid its eight percent Convertible Notes issued to Iconic Holdings LLC on December 21, 2015. That said, pursuant to the terms of the convertible note, Iconic Holdings converted $191,000 into common stock over the past six months. After the completion of this conversion, the shorts may be out, and GIGL could continue to rise.
Parsi stated, “We are pleased that Iconic converted the entire balance of their convertible debt holdings into common shares of our Company. With most if not all of the shares converted and sold over the past six months, we anticipate that this will result in a decrease of continued selling pressure on the Company’s securities.”
Parsi concluded, “This is yet another important step forward for us as we move ahead on our plans to expand. The company is speaking with a number of investment banks to engage in order to secure more traditional financing options for the needed expansion capital.”
http://streetregister.com/2017/03/24/giggles-...e-reasons/
Giggles N Hugs Inc (OTCMKTS: GIGL) has seen a big rise in its share price, recently. GIGL was up over 3,000% in a three month period recently, due to some favorable news of a major celebrity partnership. If you have not heard of Giggles N Hugs Inc is the first and one of the only restaurants that has been bringing high-end, organic food with active, innovative play and entertainment for children. That in mind, each and every Giggles N Hugs location offers an upscale atmosphere for families, and Giggles N Hugs locations have a play area for children 10 and younger.
According to the company, children absolutely love the play area, and families are happy with that. Parents are able to eat and relax, while their children have the time of their lives in the dedicated play area. This should keep families coming back, and as with many restaurants, it’s key to have everyday customers. In addition, Giggles N Hugs offers nightly entertainment, including concerts, puppet shows, magic shows and face painting, which could be great for events like birthday parties for kids.
Moving on, let’s get back to some company news. Giggles N Hugs recently announced it entered into partnership with Jillian Michaels. Now, you’ve probable heard of Jillian Michaels Before, but for those of you who have not, she’s a fitness expert and renowned life coach. The stock has been rising significantly, after Giggles N hugs, and it should drive the company’s revenues and earnings growth. The stock has been riding higher on this news, and recently made new 52-week highs.
ccording to Giggles N Hugs founder and Chief Executive Officer Joey Parsi, “Having Jillian as our first brand ambassador, along with her and Giancarlo’s vast business acumen, will position Giggles N Hugs for great success in the weeks, months and years to come…Their focus on healthy eating and an active lifestyle are a natural fit for our brand as we aggressively work to increase our footprint with new locations in numerous markets and to explore the brand presence through consumer product goods.”
That said, Jillian Michaels will become one of the largest shareholders in the company, as well as the global brand ambassador, through the multi-faceted partnership. The fitness expert would bring in vast knowledge and experience in build world-wide, successful businesses, to this family-friendly restaurant and children’s play space. Moreover, Michaels could help Giggles N Hugs with its brand recognition, and she could market to her followers.
When speaking on the partnership with Giggles N Hugs, Jillian Michaels stated, “As a businesswoman, I’m committed to aligning with brands that further health and wellness for people of all ages…Giggles N’ Hugs is the most fun space for families of all ages and I hope to help them expand globally so that countless other families can enjoy the same experience that mine does when visiting their restaurants and play spaces.”
This was not the only potentially bullish news that Giggles N Hugs had recently. The company recently announced that it repaid its eight percent Convertible Notes issued to Iconic Holdings LLC on December 21, 2015. That said, pursuant to the terms of the convertible note, Iconic Holdings converted $191,000 into common stock over the past six months. After the completion of this conversion, the shorts may be out, and GIGL could continue to rise.
Parsi stated, “We are pleased that Iconic converted the entire balance of their convertible debt holdings into common shares of our Company. With most if not all of the shares converted and sold over the past six months, we anticipate that this will result in a decrease of continued selling pressure on the Company’s securities.”
Parsi concluded, “This is yet another important step forward for us as we move ahead on our plans to expand. The company is speaking with a number of investment banks to engage in order to secure more traditional financing options for the needed expansion capital.”
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