Daily Stock List
Solitron Devices, Inc. (SODI)
Stock Profile reported previously on Solitron Devices, Inc. (SODI), and we report on the Company today, here at the QualityStocks Daily Newsletter.
Solitron Devices, Inc. designs, develops, manufactures and markets solid-state semiconductor components and related devices. These are primarily for the military and aerospace markets. The majority of the Company’s products are custom made pursuant to contracts with customers whose end products are sold to the U.S. government. Other products, including Joint Army/Navy transistors, diodes and Standard Military Drawings voltage regulators sell as standard or catalog items. Solitron Devices has its corporate headquarters in West Palm Beach, Florida. The Company lists on the OTC Markets’ OTCQB.
Solitron Devices has a reputation for producing custom and standard power solid-state components for the aerospace, defense, industrial, medical, as well as commercial industries. Its advanced semiconductor device and packaging technology has contributed to the success of essentially every U.S. and European aerospace and defense program.
Solitron Devices’ emphasis is on designing and manufacturing high performance, high density, high quality power components and circuitry. It manufactures a large variety of bipolar and metal oxide semiconductor (MOS) power transistors, power and control hybrids, junction and power MOS field effect transistors (Power MOSFETS), field effect transistors, and other related products.
The Company’s hybrids are either standard or custom made to meet customer requirements. Solitron Devices provides support to all analog and mixed signal designs, whether they are power or small signal hybrids. Solitron considers support of digital and high frequency modules on a case-by-case basis. The Company supports small, medium and large volume requirements and supports COTS (Commercial Off-The-Shelf) of all products it manufactures.
Solitron Devices is at the vanguard of semiconductor packaging and device thermal management. Over the years, the Company has designed and manufactured over 400 different package styles. These include the TO-254, TO-257, TO-258, TO-259, TO-267, and miscellaneous Interlock Packages ("Z" Packs), and a very broad selection of power hybrid packages. Many of these packages are machined from solid OFHC copper or Glidcop copper and are built with Rugged Ceramic Feed-Throughs (Eyelets).
Solitron’s capabilities include Space Level Processing; Engineering, Manufacturing; Off-Shore Assembly; and In-House Testing. The Company is a pioneer and leader in Thick-Film Power Hybrid Technology. Solitron provides a wide spectrum of sophisticated power MOSFETs, BIPOLAR power transistors and SCHOTTKY rectifiers/diodes power hybrid circuits that incorporate Small Signal, Monolithic Integrated Circuits and Power Semiconductors into a single "mini" package.
Solitron Devices, Inc. (SODI), closed Thursday's trading session at $3.77, up 2.45%, on 8,568 volume with 14 trades. The average volume for the last 60 days is 1,480 and the stock's 52-week low/high is $3.21/$4.91.
First Choice Healthcare Solutions, Inc. (FCHS)
Marketbeat.com, Greenbackers, TheMicrocapNews, PennyStockSpy, 007 Stock Chat, StocksImpossible, First Penny Picks, and OTCBB Journal reported on First Choice Healthcare Solutions, Inc. (FCHS), and we highlight the Company as well, here at the QualityStocks Daily Newsletter.
First Choice Healthcare Solutions, Inc. (FCHS) engages in owning and operating multi-specialty (non-physician-owned) medical centers of excellence throughout the southeastern United States. Its commitment is to delivering clinically superior, patient-centric care. FCHS’s flagship integrated platform presently administers more than 100,000 patient visits annually and consists of First Choice Medical Group, The B.A.C.K. Center, and Crane Creek Surgery Center. FCHS is based in Melbourne, Florida.
The Company’s medical centers of excellence focus on treating patients in diverse specialties. These include Orthopaedics, Spine Surgery, Neurology, Interventional Pain Management and related diagnostic and ancillary services. Based in Melbourne, Florida, First Choice Medical Group is FCHS’s flagship multi-specialty medical center of excellence. First Choice Medical Group specializes in the delivery of musculoskeletal medicine and rehabilitative care with multiple quality-focused goals centered on enriching its patients’ care experience.
FCHS also had its commercial real estate interests that house its medical centers of excellence. Pertaining to FCHS’ Real Estate Division facilities, it had its Marina Towers, LLC. Marina Towers is a Class A, 78,000 sq. ft., five story office building on the Indian River in Melbourne, Florida. This building is home to an assortment of tenants and is also home to First Choice Medical Group.
This past April, FCHS announced that on March 31, 2016, its wholly-owned subsidiary, Marina Towers, LLC, completed the sale and leaseback of Marina Towers to Global Medical REIT, Inc. for $15.45 million, netting roughly $8 million.
FCHS announced in May of 2015 that it expanded its portfolio of Medical Centers of Excellence in the Florida Space Coast area, welcoming Brevard Orthopaedic Spine & Pain Clinic, Inc., dba The B.A.C.K. Center, to its expanding medical business-building platform. The B.A.C.K. Center is a foremost, advanced orthopaedic spine and pain practice in Brevard County, Florida. It focuses on Spinal Care & Surgery; Non-Operative Spine Procedures; Chiropractic Services; Osteoporosis Care; Acupuncture; and
Interventional Pain Management.
FCHS’s Crane Creek Surgery Center is an AAAHC accredited facility. Its commitment is to delivering premier, ambulatory surgical care in a convenient, comfortable outpatient environment. The 18,000-plus sq. ft. facility is in Melbourne, Florida within the Crane Creek Medical Center building. This building is also home to The B.A.C.K. Center.
Yesterday, FCHS announced the appointment of Mr. Timothy K. Skeldon, CPA as Chief Financial Officer (CFO), effective July 11, 2016. For almost 20 years, Mr. Skeldon was CFO of Parrish Medical Center, an award-winning 210-bed medical center, which has served North Brevard County, Florida for over a half century.
First Choice Healthcare Solutions, Inc. (FCHS), closed Thursday's trading session at $1.11, up 1.83%, on 3,400 volume with 6 trades. The average volume for the last 60 days is 21,078 and the stock's 52-week low/high is $0.73/$1.45.
E-Qure Corp. (EQUR)
Today we are reporting on E-Qure Corp. (EQUR), here at the QualityStocks Daily Newsletter.
Headquartered in New York, New York, E-Qure Corp. centers on the development and commercialization of Bioelectrical Signal Therapy (BST) devices in the U.S. The Company is operated globally. A management team with wide-ranging experience in electrotherapies, medical technologies, wound care, regulatory affairs and finance leads E-Qure. E-Qure’s worldwide operations concentrate on managing the processes of design, production, regulation, and distribution of the Company products and services.
Incorporated in 1988, the Company previously went by the name ADB International Group, Inc. It changed its corporate name to E-Qure Corp. in August of 2014. The Company’s shares trade on the OTC Markets Group’s OTCQB.
E-Qure’s BST device utilizes patented and proprietary electrical stimulation technologies to treat hard-to-cure wounds and ulcers up to complete closure and/or cure. Pertaining to the Company’s BST solution, the BST device is a clinically approved non-invasive, painless and user-friendly electrotherapy. The BST device is easily applied by the caregiver or patient in the hospital or clinic setting and in home care.
The BST device can speed up healing with fast wound closure from 45 to 60 days. Through causing wounds to respond to stimulating signals, the BST device increases the body’s naturally occurring electrical currents to stimulate the wound healing process of Diabetic Wounds; Vascular (Arterial or Venous) Leg Ulcers; Pressure (Decubitus) Wounds; as well as other Ulcers/Wounds that are resistant to standard or more complex treatments.
The BST signal enables the stimulation of sensory nerves and direct stimulation of the ulcer tissues. The nervous system interprets the transmitted pulse from the damaged area. It then starts healing activity to the wound tissues. E-Qure’s BST device represents a cost-effective wound healing method. It reduces treatment and hospitalization time, and also reduces the need for surgery and amputation. Therefore, the BST device lessens patient treatment costs. In essence, the device restarts and speeds up chronic wound healing through imitating the natural electrical current that occurs in injured skin and that is absent around chronic wounds.
E-Qure Corp. (EQUR), closed Thursday's trading session at $0.11, even for the day, on 2,801 volume with 1 trade. The average volume for the last 60 days is 8,980 and the stock's 52-week low/high is $0.05/$0.51.
Empire Global Corp. (EMGL)
SmallCapNetwork, SmallCapVoice, Innovative Marketing, and Real Pennies reported earlier on Empire Global Corp. (EMGL), and today we choose to highlight the Company, here at the QualityStocks Daily Newsletter.
Empire Global Corp. provides regulated online and offline gaming and wagering by way of licensed subsidiaries in Italy. The Company, together with its wholly-owned subsidiaries, Multigioco Srl and Rifa Srl, is a fully integrated licensed online and land-based gaming operator. As of March 31, 2016, Empire Global owned and operated 1,067 Web-based shops, 5 corners, and 2 agencies. OTCQB-listed, the Company has offices in Toronto, Ontario and Rome, Italy.
Empire Global offers gaming products and services. These include sports betting, online casino, poker, bingo, virtual sports, as well as horse racing. The Company provides its products via gaming Websites, such as newgioco.it, originalbet.it, and lovingbet.it; and land-based neighborhood betting shops located throughout Italy.
This week, Empire Global announced it completed the acquisition of two key gaming companies. This includes a gaming software development company and licensed betting platform and also a management company that operates a large portfolio of land-based gaming agencies throughout Italy.
As a result, these businesses bring to Empire Global a complete staff of software engineers, marketing and customer care agents and a key number of highly experienced gaming specialists. Therefore, with the transaction, the Company is now a fully integrated online and land-based gaming enterprise providing a comprehensive group of leisure betting products with a robust in-house, proprietary software technology.
This past May, Empire Global announced it filed its financial results for Q1 ended March 31, 2016. Highlights of Q1 2016 versus 2015 include land-based Non-GAAP Betting Turnover increasing 131.9 percent to $1,472,198 from $634,810. Online Non-GAAP Betting Turnover increased 57.9 percent to $26,463,158 from $16,754,954. Aggregate Net Gaming Revenues grew 42.3 percent to $1,747,186 from $1,227,131.
Consolidated corporate results recorded a net loss of $482,839. This included a provision for income taxes of $32,223 because of profits of gaming operations. The net loss of $0.02 per share was the same as Q1 2015.
Empire Global Corp. (EMGL), closed Thursday's trading session at $0.51, even for the day, on 1,400 volume with 2 trades. The average volume for the last 60 days is 4,555 and the stock's 52-week low/high is $0.30/$1.16.
Lithium X Energy Corp. (LIXXF)
Money and Markets and FutureMoneyTrends.com reported on Lithium X Energy Corp. (LIXXF), and we are highlighting the Company also, here at the QualityStocks Daily Newsletter.
Listed in the OTCQB, Lithium X Energy Corp. looks for opportunities in the natural resource sector. The Company is a lithium exploration and development enterprise with a focus on becoming a low cost supplier for the growing lithium battery industry. The Company was formerly known as Royce Resources Corp. It changed its name to Lithium X Energy Corp. in November 2015. Lithium X Energy is based in Vancouver, British Columbia.
The Company has entered into an agreement to advance the Sal de los Angeles lithium brine project in the prolific "Lithium Triangle" in Salta Province, Argentina. Furthermore, Lithium X is exploring a large land package in Nevada's Clayton Valley, next to the only producing lithium operation in North America, named Silver Peak, owned and operated by Albemarle, the world’s largest lithium producer. Lithium X Energy has the largest land package in Clayton Valley, covering in excess of 15,040 acres between its Clayton Valley North project and Clayton Valley South extension.
The Sal de los Angeles project consists of 8,156 hectares covering the nucleus of Salar de Diablillos with approximately C$19 million having been invested in the property by preceding operators. This includes $16.2 million in work completed at Sal de los Angeles between 2010 to 2015.
The Sal de los Angeles project contains high grade brine with an historic NI 43-101 resource of 2.8 million tonnes LCE and historic positive project economics. Lithium X Energy owns 50 percent, and has the option to acquire up to 80 percent of the Sal de los Angeles lithium brine project.
Recently, Lithium X Energy announced that it entered into a binding Letter of Intent (LOI) with North South Petroleum Corp. Lithium X Energy will option to North South, 50 percent of its wholly-owned CVL South Property positioned in Nevada's Clayton Valley. The CVL South Property comprises 471 federal placer mining claims, totaling around 9,540 acres (3,861 hectares) and is roughly 30 miles southwest of Tonopah, Nevada, within the Clayton Valley.
Furthermore, Lithium X Energy also recently announced that its 50 percent owned subsidiary, Potasio y Litio de Argentina SA (PLASA), which owns 100 percent of the Sal de los Angeles lithium-potash brine project in Argentina, entered into a definitive Union Transitoria agreement (JV Agreement) with Salta Exploraciones SA (SESA) for the development of a pilot lithium production facility at the Project.
The JV Agreement sets out the terms of a JV Company for the construction, operation, production and sales of a pilot facility, designed to produce up to 5,000 tonnes per annum (tpa) of lithium carbonate equivalent (LCE).
Lithium X Energy Corp. (LIXXF), closed Thursday's trading session at $1.3186, up 0.12%, on 70,386 volume with 31 trades. The average volume for the last 60 days is 112,678 and the stock's 52-week low/high is $0.038/$2.1983.
Laguna Blends Inc. (LAGBF)
The QualityStocks Daily Newsletter would like to spotlight Laguna Blends Inc. (LAGBF). Today, Laguna Blends Inc. closed trading at $0.155, even for the day. The stock’s average daily volume over the past 60 days is 13,754, and its 52-week low/high is $0.069/$0.192.
Laguna Blends Inc. was pleased to announce today that it has signed a non-binding letter of intent (the "LOI") with Cannaceuticals of California, USA ("Canna"), whereby Laguna and Canna plan to enter into a definitive Manufacturing and Exclusive Licence Agreement (the "M&L Agreement") for the purpose of pursuing mutually beneficial business opportunities in the Cannabidiol (CBD) skin care industry. The parties have agreed to an exclusivity period until July 29th in order to negotiate and sign the M&L Agreement.
Laguna Blends Inc. (LAGBF) is a network marketing company focused on the generation of sales through independent affiliates. Leveraging innovative tools and technologies, the company's affiliates are able to build international businesses from their own homes while effectively capitalizing on the performance of some of the world's most rapidly expanding, in-demand markets. To date, Laguna's primary focus has been on the hyper growing hemp food and beverage marketplace. As part of these efforts, the company introduced Caffe, a hemp-infused instant coffee product, and is preparing to launch Pro369, a water soluble hemp protein powder.
As a network marketing company, Laguna is strategically positioned to grow very quickly following its entry into the rapidly expanding hemp market space. In early March 2016, the company gave prospective shareholders a preview of this potential when it launched sales of its protein coffee beverage through 135 independent affiliates throughout the United States and Canada. In less than a week, Laguna's affiliate base grew by more than 100 percent to include 278 independent marketers, demonstrating the high levels of demand for functional beverage products across North America, as well as the considerable interest in the viable business opportunity Laguna presents to its affiliates.
Through the commercialization of Caffe and Pro369, Laguna is establishing a foothold in two high-demand global markets. According to reports from the Coffee Association of Canada (CAC), coffee is consumed by a larger proportion of adults than any other beverage, excluding water. In recent years, the emergence of energy drinks has slowed the coffee industry's performance, but the single cup serving market, of which Caffe is a part, has maintained steady growth, rising above 32 percent market share as of January 2014, according to Mintel Research. With a product in this space - as well as the global hemp industry, which was valued at nearly $500 million in 2012 by the Hemp Industries Association - Laguna's initial offerings position it strongly for sustainable growth.
With growth through its marketing network already underway, Laguna has turned its attention toward further expansion of its product line. In March 2016, the company signed a letter of intent with Robert Lamberton Consulting regarding the development of a "Limitless functional beverage brain health and memory coffee" product. Under the terms of this LOI, all hard costs associated with the development of the product will be billed to Robert Lamberton Consulting. The two parties are expected to enter into a formal research and development agreement outlining the details of this arrangement in the second quarter of 2016.
Laguna is the first network marketing Company to use exciting virtual 3D technology to enable affiliates to train, recruit and drive sales by utilizing a simple interactive platform. Laguna believes this technology is a game changer in the Direct Selling / Network Marketing Industry. Disclaimer
Laguna Blends Inc. Company Blog
Laguna Blends Inc. News:
Laguna Signs Letter of Intent to Acquire Distribution Rights of Swiss Made Cannaceuticals CBD Skin Care Line and License of Brand Name in an Exclusive Licence Agreement that Includes Clinical Trials and Existing Inventory
Canadian Securities Exchange shines a Spotlight on Laguna Blends (CSE: LAG) (LB6A.F) (OTC: LAGBF)
Laguna to Reward 3 Top-Performing Affiliates with Tesla S Vehicles
WRIT Media Group, Inc. (WRIT)
The QualityStocks Daily Newsletter would like to spotlight WRIT Media Group, Inc. (WRIT). Today, WRIT Media Group, Inc. closed trading at $0.70, up 6.30%, on 69,825 volume with 61 trades. The stock’s average daily volume over the past 60 days is 35,347, and its 52-week low/high is $0.20/$1.50.
WRIT Media Group, Inc. (WRIT) is a diversified media and software company focused on expanding in the digital media industry. The company specializes in production and distribution; video game distribution via mobile platforms; and digital currency software development, including trading platforms and Blockchain solutions. WRIT's current portfolio includes Front Row Networks, Retro Infinity, Amiga Games and Pandora Venture Capital.
Front Row Networks is a content creation company that produces, acquires and distributes live event programming for initial worldwide digital broadcast into digitally enabled movie theaters and online streaming.
Software company Amiga Games is resurrecting the Amiga brand by publishing popular retro video games of the past for use on today's smartphones, modern game consoles, micro-consoles, PCs, and tablets.
Retro Infinity, Inc. serves as a video game distribution portal which publishes video games from Amiga, Atari, and other retro brands. The company leverages these platform and classic game brands, coupled with proprietary technologies, to create new revenue from dormant game libraries.
Pandora Venture Capital is a software developer with a focus on digital currency technologies, including a cryptocurrency trading platform, a new generation of cryptocurrency, and Blockchain technology solutions. Blockchain technology is emerging as a useful technology solution in payment processing, loyalty rewards, healthcare record management, insurance, and legal contracts management.
Together with its subsidiaries, WRIT Media Group is focused on benefitting from the widespread market growth and increased demand for alternative theatrical, mobile and interactive content, as well as digital currency. Disclaimer
WRIT Media Group, Inc. Company Blog
WRIT Media Group, Inc. News:
WRIT Media Group Announces Beta Availability of CrypStock Crypto Currency Exchange
WRIT Media Group Launches Bitcoin Alternative, Pelecoin
WRIT Media Group Details Pandora Venture Capital Corp. Acquisition
Monaker Group, Inc. (MKGI)
The QualityStocks Daily Newsletter would like to spotlight Monaker Group, Inc. (MKGI). Today, Monaker Group, Inc. closed trading at $2.11, up 5.50%, on 6,354 volume with 22 trades. The stock’s average daily volume over the past 60 days is 5,527, and its 52-week low/high is $1.10/$6.80.
Monaker Group, Inc. (MKGI) is a technology driven travel company focused on leveraging resources to become a significant presence in the fastest growing sector of the $1.3 trillion travel and tourism market. The company's flagship brand, NextTrip.com, is the industry's first and only real-time booking engine that features alternative lodging (vacation home rentals, resort residences and unused timeshare inventory), as well as a full selection of airlines, hotels, cruises, rental cars, tours and concierge services. These features are combined into a single, easy-to-use platform that gives travelers complete real-time control when planning and booking their vacations.
NextTrip.com takes an integrated approach to the needs of travelers by combining multiple booking solutions into a highly intuitive real-time booking platform. Since its launch in February 2016, NextTrip has already grown to more than 250,000 units of vacation rental inventory. Monaker currently has roughly 1 million additional alternative lodging units under contract that will soon be added to the platform. This will place NextTrip among the top three largest vacation rental inventories and rival industry peers, Airbnb and HomeAway, in the rapidly expanding alternative lodging market. Unlike the competition, which book by request which can take hours or days before a lodging owner confirms, NextTrip's platform books in real-time, similar to online hotel bookings.
Most NextTrip listings are in desirable locations in the U.S., the EU and the Caribbean with about 20% exclusive listings. Monaker expects rapid exclusive listing growth because, unlike the competition, Monaker doesn't charge a sign-up fee, just a commission upon booking. The competition charges both. Monaker even has a proprietary solution to unlock Timeshare and Fractional Share properties as rental inventory.
Through strategic partnerships and acquisitions Monaker is now positioned to be a major player in the travel and alternative lodging sector. In addition Monaker is also the parent to Maupintour and Voyage TV.
In business for 65 years, Maupintour still leads the tour industry in the creation of outstanding, unique itineraries and has the highest repeat rate in the tour industry. Maupintour's upscale luxury services create a unique blend with the various product offerings of NextTrip. Voyage TV has thousands of hours of travel footage shot in over 30 countries worldwide. These 15,000 video clips of hotels, resorts, cruise, and destination activities are a treasure trove for vacation travel marketing.
With an established portfolio of travel brands, and a proven record acquiring, consolidating and integrating companies, Monaker is building a diverse and exciting foundation to drive the company's future. According to data from the U.S. Travel Association, direct spending on leisure travel by domestic and international travelers topped $650 billion in 2015. When combined with the fact that roughly 64 percent of travel companies are still considered small businesses, Monaker's all-inclusive approach to vacation booking through NextTrip and Maupintour strategically positions it for sustainable growth moving forward.
Monaker is headquartered in South Florida with offices in California. The company is led by a seasoned management team with decades of applicable industry experience. Monaker's Chairman and Chief Executive Officer Bill Kerby has over 18 years of experience in the media and travel industries, as well as 10 years of experience in the financial industry. Disclaimer
Monaker Group, Inc. Company Blog
Monaker Group, Inc. News:
Monaker Group Files Annual Report on Form 10K for Fiscal 2016
Monaker Group Shareholder Update
MissionIR Exclusive Audio Interview With Monaker Group, Inc. (MKGI) Chief Executive Officer
International Stem Cell Corp. (ISCO)
The QualityStocks Daily Newsletter would like to spotlight International Stem Cell Corp. (ISCO). Today, International Stem Cell Corp. closed trading at $2.0899, up 3.46%, on 637 volume with 8 trades. The stock’s average daily volume over the past 60 days is 5,725, and its 52-week low/high is $1.25/$7.125.
International Stem Cell Corp. (ISCO) specializes in the therapeutic applications of human stem cells and the development and commercialization of cell-based biomedical products. The company was the first to develop and perfect a new class of human stem cells called parthenogenetic stem cells, created from unfertilized human eggs. ISCO has a strong patent portfolio offering clean intellectual property and freedom to operate. The company’s stem cells present superior immune matching capabilities and can be used in millions of people regardless of sex or racial background, with minimal expectation of immune rejection after transplantation.
The company’s human stem cells have been shown to be as pluripotent as embryonic stem cells, however their creation does not involve the destruction of a viable human embryo, which effectively sidesteps the controversy and ethical dilemmas associated with the use of human embryonic stem cells. In contrast to induced pluripotent stem cells, ISCO’s stem cells do not involve manipulation of cells’ genome thereby avoiding potential safety and regulatory obstacles in clinical applications.
The company's scientists are currently focused on using its stem cells to treat severe unmet medical needs of the central nervous system (Parkinson’s disease), the liver and the eye, where cell therapy has been clinically proven but is limited due to the unavailability of safe human cells. Once the technology has been clinically validated there are an essentially unlimited number of potential applications. Because of their immune-matching ability a relatively small number of these stem cell lines could offer the potential of producing the first true stem cell bank as a means of serving populations of different immune types across the globe.
In addition to its therapeutic focus, ISCO also provides a growing revenue stream through two wholly owned subsidiaries. Lifeline Cell Technology specializes in producing primary human cells and growth media for biological research, and Lifeline Skin Care, the company manufactures and markets advanced anti-aging skincare products utilizing the company’s expertise in stem cell biology. Disclaimer
International Stem Cell Corp. Company Blog
International Stem Cell Corp. News:
International Stem Cell Corporation Announces Publication of Preclinical Results Demonstrating Treatment of Parkinson's Disease in Cell Transplantation
Cryoport to Provide Cold Chain Logistics Support for International Stem Cell Corporation's Phase I Clinical Trial for the Treatment of Parkinson's Disease
International Stem Cell Corporation Announces Operating Results for the Three-Months Ended March 31, 2016
Giggles N' Hugs, Inc. (GIGL)
The QualityStocks Daily Newsletter would like to spotlight Giggles N' Hugs, Inc. (GIGL). Today, Giggles N' Hugs, Inc. closed trading at $0.076, up 1.33%, on 5,040 volume with 3 trades. The stock’s average daily volume over the past 60 days is 18,446, and its 52-week low/high is $0.0137/$0.25.
Los Angeles-based Giggles N' Hugs, Inc. (GIGL) is a first-of-its-kind, award-winning family restaurant and play space that combines organic gourmet food with the play elements for children in a 2500-square-foot play space in the middle of the restaurant. The concept is similar to Chuck E. Cheese, but offers a unique healthier, high-end version for health conscious parents and families. Parents eat and relax while the kids have an incredible time playing in the custom-made play area with giant climbers, dragons, castles, pirate ships slides and swings and a multitude of other toys.
In addition to nightly shows and concerts, every 30 minutes Giggles N' Hugs provides an activity such as face painting, disco dance parties, karaoke, games, arts and crafts, and much more. Giggles N' Hugs 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, and has attracted a star-studded list of customers including Sandra Bullock, Heidi Klum, Jessica Alba, Halle Berry, Jennifer Garner and Ben Affleck, Denis Quaid, Mark Whalberg, Adam Sandler, Dustin Hoffman and many more.
Revenue is derived from several sources, including food and beverage sales, beer and wine, birthday parties (40%), admission and membership fees to play, along with retail sales. These revenue-generating locations are also highly sought-after tenants. The company currently has three locations in the top premier malls around Los Angeles; four of the largest mall owners in the country are giving Giggles N' Hugs up to 75% discounts on rent and providing upward of $700,000 of upfront cash for each location to get Giggles N' Hugs into their malls around the country.
Growth and recognition of this caliber are driven by a very powerful management team. Giggles N' Hugs President John Kaufman was 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.
Giggles N' Hugs was founded as a truly "kid friendly" establishment catered specifically to the size, interests, and nutrition needs of children. Since opening its first Giggles N' Hugs in 2009, the company has received a steady stream of interest from more than 300 interested parties looking to expand the concept – via franchise or master licenses – in the U.S. as well globally in countries such as Germany, England, Dubai, Russia, Colombia, Australia , Singapore, Turkey, among the many more. Disclaimer
Giggles N' Hugs, Inc. Company Blog
Giggles N' Hugs, Inc. News:
Giggles Ní Hugs, Inc. (GIGL) engages Kiddos, Inc. and Michelle Steinberg of dOMAIN Integrated to Launch New Marketing and PR Initiatives
Repeat: Giggles N Hugs to present at the 9th annual LD Micro Conference main event
Giggles N' Hugs, Inc. (GIGL) CEO Discusses 2016 Growth Strategies in Second QualityStocks Interview
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