As of 3/31/19 they anticipated having enough cash
Post# of 3935
The Co-CEO, former "Business Development Officer", and only other BoD member is investing his money in other non-GIGL restaurants while claiming the new hire of a hospitality group with no proven track record is another piece of the puzzle that was supposedly completed years ago. And oh yeah, he's accrued almost 4.5M shares to date for doing what exactly?
Meanwhile, the COO has taken another full-time job at another hospitality group while still being employed and collecting full salary at GIGL.
Lastly, almost $7.5M of market cap has vanished since inception, they've closed a store, publicly misled their shareholders and potential investors on multiple occasions - including Jillian Michaels declaring on TV that six new restaurants were coming by the end of '18 - and yet there isn't a single lawsuit in sight.
Nothing to see here folks. This is all completely normal and should in no way be investigated thoroughly by authorities.