Los Angeles, Jan. 18, 2017 (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 announces today that Joey Parsi, the company's CEO was recently interviewed on the Uptick Newswire Podcast.
"Its been a while since we put out an update, so we thought it would be better to do so in a audio format" stated Parsi. Parsi continued, "with the increased activity on our stock, it was important for us to communicate our thoughts with our shareholders". Some of the highlights from the intervew are discussed below.
Their proven and unique restaurants attracts close to 10,000 individuals a month and as a result, the top three biggest mall landlords are working hand-in-hand with the company to assist in the expansions of their restaurants.
The company has received an LOI from a major mall owner and operator for a new location in the San Francisco maket where the landlord has agreed to pay up to $1.400,000 for the entire cost of the roll-out for the new space.
"During rainy days, our business revenues increases dramatically compared to regular days," said Mr. Parsi. "For us, we're looking at expansions into markets where we see extreme weather with more rain and colder areas."
In addition to expanding into new markets, Mr. Parsi said the company is also working towards celebrity brand ambassadorships thanks to their recent partnership with Michelle Steinberg of dOMAIN Integrated and Kidos Inc. Discussions are currently underway with some of the biggest celebrities in Hollywood.
"We're working hard to secure funding for additional company and franchised locations throughout the country, to launch our branded merchandising, and to bring in some very high profile celebrities to get our message and our story out to the world," said Mr. Parsi. "I'm very hopeful for 2017 and beyond."
To listen to the full twenty minute interview, please click here or the following link: https://upticknewswire.com/joey-parsi-ceo-of-giggles-n-hugs-looking-at-a-breakout-in-2017/
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.
For more information, visit http://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.
INVESTORS RELATIONS CONTACT:
Michelle Steinberg
domain New York
601 West 26th St. Suite #1750
New York, NY 10001
212-675-0012
domain Los Angeles
7381 Beverly Blvd. Suite #100
Los Angeles, CA 90036
323-549-0012
Joey Parsi - Founder/CEO Giggles N Hugs
Joey@gigglesnhugs.com
http://www.gigglesnhugs.com/
