Daily Stock List
Jammin Java Corp. (JAMN)
PennyStocks24, WallstreetsHotteststocks, Wallstreetbuzz, SmallCapVoice, Stock News Now, and Stock Analyzer reported on Jammin Java Corp. (JAMN), and we report on the Company as well, here at the QualityStocks Daily Newsletter.
Jammin Java Corp., d/b/a Marley Coffee, is a provider of premium, artisan roasted coffee. It supplies this to the grocery, retail, online, service, hospitality, office coffee service, and the big box store industry. The Company continues to develop its coffee lines under the Marley Coffee brand, under its exclusive licensing agreement with 56 Hope Road. The Marley Coffee estate farm is 52 acres. The farm sits upon the Jamaican Blue Mountains, in Chepstowe, Portland, Jamaica. Jammin Java is headquartered in Denver, Colorado.
Marley Coffee® was founded by Rohan Marley, the son of musician Bob Marley [Robert Nesta Marley O.M.]. Marley Coffee is a sustainably grown, ethically farmed and artisan-roasted gourmet coffee company. Marley Coffee sources coffee beans from around the world. This includes Ethiopia, Central and South America, and Jamaica.
Jamaica Blue Mountain® coffee has a reputation for its delicate balance of floral aroma, acidity and full body. The rare bean is grown in the hills of the Jamaican Blue Mountains that rise from elevations of 3,000 to 7,500 feet. Each Marley Coffee bean is at least one of the following: Organic, Jamaica Blue Mountain®, Rainforest Alliance Certified™, Swiss Water® Process Decaf or Kosher.
Marley Coffee has signed an agreement with Bevyz to produce Marley Coffee hot, cold and sparkling capsules for the Bevyz system. Bevyz is a proprietary, single-serve drink system. It dispenses hot, cold and sparkling beverages using its innovative capsule technology.
Marley Coffee offers its recyclable EcoCup. This is an easy-to-recycle, single-serve capsule. It is compatible with most Keurig® K-Cup® machines. The recyclable EcoCup is a clear capsule. It allows consumers to see the coffee grounds and the filter through the capsule exterior while also preventing oxidation.
In June, Marley Coffee announced new distribution with the addition of 206 stores in the Arizona region, via the Safeway and Albertsons banners. The Safeway and Albertsons stores will carry four Marley Coffee roasts in both 8 oz. bags and RealCup® single serve capsules. The capsules feature Marley Coffee’s unique EcoCup format.
This month, Jammin Java, d/b/a Marley Coffee, issued a letter to its shareholders to discuss the disclosures made by the Company in its Current Report on Form 8-K filed with the Securities and Exchange Commission (SEC) on August 5, 2016 and provide updates on its litigation against Rohan Marley, Hope Road Merchandising (HRM) and Fifty-Six Hope Road Music Limited (56HR), and also the state of its business. On July 21, 2016, HRM provided Jammin Java a notice of the termination of a short-term license agreement entered into with HRM in June 2016 and demanded that all use of the trademarks regarding the ‘Marley Coffee’ name stop immediately. With this termination notice, both parties agreed to enter into discussions to resolve the termination and enter into a forbearance agreement.
On August 1, 2016, 56 HR and HRM filed a complaint against Jammin Java in the Superior Court of the State of California, County of Los Angeles, Central Division (Case No. BC628981). On August 4, 2016, Jammin Java removed the matter to the United States District Court for the Central District of California. The Company requested a temporary restraining order. It also filed its answer to the complaint and asserted counterclaims against 56 HR and third-party claims against Rohan Marley.
Jammin Java Corp. (JAMN), closed Wednesday's trading session at $0.0065, down 13.33%, on 6,547,972 volume with 36 trades. The average volume for the last 60 days is 1,018,337 and the stock's 52-week low/high is $0.005/$0.21.
Surna, Inc. (SRNA)
Marketbeat.com, CFN Media Group, Cannabis Financial Network News, SmallCapVoice, Greenbackers, OTC Stock Review, DSR News, and PHUB News reported earlier on Surna, Inc. (SRNA), and today we highlight the Company, here at the QualityStocks Daily Newsletter.
Boulder, Colorado-based, Surna, Inc. develops, acquires, produces, and sells equipment for the legal marijuana industry. It develops inventive technologies and products to monitor, control, and address the energy and resource intensive nature of indoor cannabis cultivation. The Company’s mission is to acquire intellectual property (IP) and scalable operating companies in the nascent, legal marijuana industry with an emphasis on disruptive technology, equipment, and related support services. Surna’s business model excludes the production or sale of marijuana. Surna’s objective is to dominate the infrastructure, growing, and support side of the global cannabis industry.
At present, Surna’s revenue stream is based on its primary product offerings - supplying industrial technology and products to commercial indoor cannabis grow facilities. Fundamentally, Surna is a technology business that engineers, manufactures, and distributes state-of-the art equipment and systems for Controlled Environment Agriculture (CEA), currently specializing in commercial indoor cannabis cultivation.
Via its wholly-owned subsidiary, Hydro Innovations, Surna provides a comprehensive line of commercial and small business indoor agriculture equipment. It develops ground-breaking technologies and products that monitor, control, or address the energy and resource intensive nature of indoor cannabis cultivation.
Surna has its signature water-cooled climate control platform. It has filed a provisional patent application covering enhancements to its proprietary Climate Control Systems and Methods used in indoor gardens. The patent covers an industrial process that provides electricity, heating, and cooling while using the resulting carbon-dioxide (CO2) produced as a nutrient for the plants. Surna’s plan is to integrate this and other proprietary technology into a new, commercial-grade power-generating and environmental control system product. The system is undergoing design to provide a near zero waste energy alternative for the cannabis industry.
Recently, Surna won a $1.0 Million contract for the build-out of Rolling Farms. Surna signed a contract valued at $1.0 million with the general contractor for Rolling Farms, LLC. Surna commenced recording revenue in Q2 of 2016. Upon receipt of payment, Surna will provide its complete climate control solution and system integration support. Rolling Farms, LLC is a new 100,000 square foot cultivation facility, which will be completely Surna equipped and grow the SPP-brand. Rolling Farms expects to start operations in a few months.
Surna, Inc. (SRNA), closed Wednesday's trading session at $0.088, up 0.57%, on 713,434 volume with 50 trades. The average volume for the last 60 days is 323,051 and the stock's 52-week low/high is $0.053/$0.175.
Mountain High Acquisitions Corp. (MYHI)
Stockgoodies, Laissez Faire Today, Cannabis Financial Network News, TopPennyStockMovers, SmallCapVoice, Integrity Solution IR, Charms Investments LTD, FivedollarMovers.net, Wallstreet Profiler, and PennyDoctor reported earlier on Mountain High Acquisitions Corp. (MYHI), and we also report on the Company, here at the QualityStocks Daily Newsletter.
Mountain High Acquisitions Corp. concentrates on the commercial hemp and CBD products industries. The Company’s first acquisition in this sector is GreenLife BotaniX, Inc. Mountain High Acquisitions has its corporate headquarters in Scottsdale, Arizona. The Company’s shares trade on the OTC Markets Group’s OTCQB.
The above-mentioned Greenlife Botanix is Mountain High Acquisitions’ wholly-owned subsidiary. Greenlife Botanix is based in Irvine, California. Greenlife Botanix has its CannaXion line of products. This product line includes hydrating body lotion, advanced face cream, as well as anti-aging eye serum.
Greenlife Botanix’s cosmetics contain CHE (Concentrated Hemp Extracts). CHE is an innovative blend of rare and exotic ingredients taken from industrialized hemp. Engineered at Greenlife Botanix’s cGMP & Food and Drug Administration (FDA) certified laboratories, the Company states that CHE has been formulated to rejuvenate, repair, as well as renew one’s skin. Moreover, CHE is entirely organic.
Recently, Mr. Alan Smith, President and Chief Executive Officer of Mountain High Acquisitions announced that a 'Think Tank' has been assembled to assist Mountain High in a complete restructuring via development of new strategic business and bridge financing plans. All six of the named individuals have expressed their support for new technologies with healthcare industry applications now under contemplation for licensing on an exclusive basis by Mountain High Acquisitions, and also further development of marketing initiatives for Greenlife Botanix.
On an interim basis, the current Officers’ and Directors’ intention is to work through the Think Tank on the development of a new business plan centered on the healthcare industry and the successful completion of a bridge financing. Both of these are among the above-mentioned conditions precedent to the considered restructuring and the assumption by the named individuals of their new positions. Consummation of the necessary bridge financing will enable the development of new products employing new licensed technology that is a precondition to the establishment of beneficial manufacturing relationships.
Mountain High Acquisitions Corp. (MYHI), closed Wednesday's trading session at $0.012, even for the day, on 134,666 volume with 4 trades. The average volume for the last 60 days is 75,113 and the stock's 52-week low/high is $0.01/$0.098.
OXIS International, Inc. (OXIS)
TopPennyStockMovers, Marketbeat.com, Cannabis Financial Network News, Gryphon Digest, and PennyStocks24 reported earlier on OXIS International, Inc. (OXIS), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
OXIS International, Inc. is a developer of unique drugs centered on the treatment of cancer and other unmet medical needs. Its drug candidate, OXS-2175, is a small molecule therapeutic candidate targeting the treatment of triple-negative breast cancer (TNBC). In in vitro and in vivo models of TNBC, OXS-2175 demonstrated the ability to inhibit metastasis. OXIS is targeting multiple myeloma, triple-negative breast cancer, non-Hodgkin's lymphoma, and more with highly potent biopharmaceutical drugs designed for targeted therapy. Oxis Biotech, Inc. is a wholly-owned subsidiary of Oxis International.
The Company’s lead drug candidate, OXS-1550 (DT2219ARL), is a novel bispecific scFv recombinant fusion protein-drug conjugate. It consists of the variable regions of the heavy and light chains of anti-CD19 and anti-CD22 antibodies and a modified form of diphtheria toxin as its cytotoxic drug payload.
OXS-1550 simultaneously targets cancer cells expressing the CD19 receptor or CD22 receptor or both receptors. When OXS-1550 binds to cancer cells, the cancer cells internalize OXS-1550 and are killed because of the action of the drug's cytotoxic payload. OXS-1550 has demonstrated success in early human clinical trials in patients with relapsed/refractory B-cell lymphoma or leukemia. Oxis Biotech earlier executed an exclusive global license agreement to further develop and commercialize OXS-1550.
The Company’s OXS-4235 is a small molecule therapeutic candidate. It targets the treatment of multiple myeloma and associated osteolytic lesions. In in vitro and in vivo models of multiple myeloma and osteoporosis, OXS-4235 demonstrated the ability to kill multiple myeloma cells, and lessen osteolytic lesions in bone.
Oxis Biotech is continuing to focus on a cure for the Zika virus. On March 1, 2016, Oxis disclosed that Dr. Sean Xie identified small molecule chemical inhibitors that target nonstructural proteins "with the potential for blocking Zika virus replication." Dr. Xie is a research scientist, professor of pharmacology at the University of Pittsburgh and a member of Oxis' Scientific Advisory Board.
This week, Oxis Biotech announced that its research partners at the University of Minnesota cancer center are collaborating with the National Institutes of Health to speed up commercialization of its promising TriKE cancer-fighting platform. Recently, Oxis announced that it agreed to a major partnership with the University of Minnesota to develop and commercialize cancer therapies utilizing TriKE technology developed by researchers at the university.
Mr. Anthony J. Cataldo, CEO of Oxis, said the NIH recognition is evidence that the Company's partnership with the University of Minnesota has significant potential to lead to breakthroughs in the treatment of cancer. Mr. Cataldo said, "The NIH REACH award for the University of Minnesota TriKE platform technology (OXS-3550) is further indication of the value and uniqueness of the TriKE platform."
OXIS International, Inc. (OXIS), closed Wednesday's trading session at $0.20, up 11.11%, on 110,637 volume with 39 trades. The average volume for the last 60 days is 267,040 and the stock's 52-week low/high is $0.15/$7.425.
GulfSlope Energy, Inc. (GSPE)
We are highlighting GulfSlope Energy, Inc. (GSPE) today, here at the QualityStocks Daily Newsletter.
OTCQB-listed, GulfSlope Energy, Inc. is an independent oil and natural gas company focusing on exploring offshore U.S. Gulf of Mexico. The Gulf of Mexico has some of the lowest breakeven costs in the contemporary E&P industry. GulfSlope Energy uses 2.2 million acres of 3D seismic data to identify high quality exploration prospects. The Company is based in Houston, Texas.
The 3D seismic data incorporates advanced processing technologies. These include beam and Reverse Time Migration (RTM) imaging. GulfSlope Energy integrates its extensive 3D seismic and geological databases. As a result, it can identify leasing opportunities it believes have compelling characteristics pertaining to size, geological attributes, as well as potential for economic returns.
Regarding economics, the Company indicates that large targets in shallow water offer significant return potential. Furthermore, important infrastructure in the immediate area lessens costs and time to market. GulfSlope portfolio has diversity in size, water depth, drilling depth, and risk profile.
Concerning the Company’s Drilling Program, it has manifold exploration wells planned by the end of this year. GulfSlope has a hybrid operating model with a preference to operate. It has a specialized technical team with extensive Gulf of Mexico success.
Pertaining to its Phase 1 Drilling Program, GulfSlope Energy has high-graded several prospects. The Company is looking to capitalize on strategic advantages provided by exploration work to identify undervalued producing assets. GulfSlope’s Phase I program is ready to drill with 750+ million boe of exposure.
Moreover, concerning its oil & natural gas exposure, GulfSlope Energy has 2 billion boe of net conventional recoverable resources. It has 23 lease blocks with 20 drilling prospects ranging from 30-280 MMboe. Concerning the prospects, the average size is 120 MMboe. GulfSlope Energy has an independent third party evaluation of prospect sizes. The prospects are consistent with deepwater Miocene evaluations discovered by major oil companies.
GulfSlope Energy’s r team has a record of accomplishment of discovering and developing multi-billion dollar projects around the world with more than 300 years of combined experience in the oil and gas exploration industry.
GulfSlope Energy, Inc. (GSPE), closed Wednesday's trading session at $0.04, up 2.56%, on 374,000 volume with 10 trades. The average volume for the last 60 days is 300,312 and the stock's 52-week low/high is $0.0169/$0.0969.
Monaker Group, Inc. (MKGI)
The QualityStocks Daily Newsletter would like to spotlight Monaker Group, Inc. (MKGI). Today, Monaker Group, Inc. closed trading at $3.80, off by 3.31%, on 16,160 volume with 23 trades. The stock’s average daily volume over the past 60 days is 7,407, and its 52-week low/high is $1.10/$5.00.
Monaker Group, Inc. announced today that it has expanded its initial agreement with Recruiter.com, announced April 28, 2016, to now make Monaker the exclusive provider of travel services to Recruiter.com. The new agreement includes weekly marketing access for select Monaker's travel products and services to Recruiter's extensive list of over three million customers largely consisting of senior corporate executives.
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 Groups Alternative Lodging Vacation Rentals Gain Exposure to Decision Makers at Over One Million Companies Worldwide
Monaker Group Achieves Key Milestone - Application Program Interface (API) and Booking Engine Complete
Monaker Launches Premium Service for Alternative Lodging Listings
Alternet Systems, Inc. (ALYI)
The QualityStocks Daily Newsletter would like to spotlight Alternet Systems, Inc. (ALYI). Today, Alternet Systems, Inc. closed trading at $0.003, up 36.36%, on 85,000 volume with 5 trades. The stock’s average daily volume over the past 60 days is 66,537, and its 52-week low/high is $0.0021/$0.029.
Alternet Systems, Inc. (ALYI) invests in and partners with companies that are creating the future of money in the high growth, emerging technology fields of digital commerce, multichannel payments, and predictive analytics.
Vision: Be the leading digital commerce, multichannel payments, predictive analytics solutions provider into global markets
Mission: To provide innovative solutions that facilitates and expedites commerce, enriching our partners and their customers' experience, and improving efficiency. Recognizing that the world is becoming increasingly dependent on technological conveniences, Alternet Systems aims to provide its customers with the tools to prepare themselves for a new era of digital commerce and payments, financial services and consumer information, and, most importantly, a new era of how to live.
Since 2010, Alternet has maintained a progressive focus on the high-growth, mobile value-added service industries of mobile financial services and mobile security. In 2014, the company expanded its scope of expertise to include in its investment verticals the exciting digital commerce space, transforming the legacy electronic payments infrastructure and developing advanced predictive data analytics applications for the mass consumer, telecommunications and financial industry.
With strategic investments in these three key, high-growth markets, Alternet is accelerating the future of money and its role in the global demand for these services. The company is guided by a team of executives specializing in entrepreneurial endeavors, innovation, corporate strategy, financial and executive management of multi-national organizations, and a vast network of industry resources.
As Alternet embarks on this new path, the company will be led by a management team and board of directors with over a century's worth of combined experience in the fields of investing, technology, and financing, and the consensus knowledge of where to invest and when in start-up and early-stage companies. Disclaimer
Alternet Systems, Inc. Company Blog
Alternet Systems, Inc. News:
Alternet Systems Data Analytics Solution Gains Momentum with New Clients and Partners
Alternet Systems Announces Caprock Research Report with Near Term Price Target of $0.05 and 'Accumulate' Recommendation
Alternet Systems Launches Data Analytics Division To Build On Existing Revenue Base
Star Mountain Resources, Inc. (SMRS)
The QualityStocks Daily Newsletter would like to spotlight Star Mountain Resources, Inc. (SMRS). Today, Star Mountain Resources, Inc. closed trading at $0.27, up 8.00%, on 2,500 volume with 1 trade. The stock’s average daily volume over the past 60 days is 4,164, and its 52-week low/high is $0.25/$1.14.
Star Mountain Resources, Inc. (SMRS), a minerals exploration company, is focused on acquiring and consolidating mining claims, mineral leases, producing mines, and historic mines with production and future growth potential identified through exploration efforts. The company's operations are currently focused on the initiation, production and expansion of acquired mineral resources in the Star Mountain Mining District, Beaver County, Utah and turning them into producing assets.
Comprised of 2,320 acres, the company's Star Mountain/Chopar Mine project consists of 116 lode-mining claims and four metalliferous mineral lease sections located in the Star Mountain range, Star Mining District, in Beaver County, Utah, approximately five miles west of Milford, Utah. Exploration activities to date include geological analysis, and a limited reverse circulation & core drilling program.
The Star Mountain Mining District, which is dotted with historic mines dating back to the late 1800s, has a long and storied history within the mining industry. The company believes that the application of modern exploration tools will reveal additional resources that were previously unattainable. Leveraging the region's mild climate and accessibility to nearby rail lines and roads, management will look to translate this potential into sustainable returns in the years to come.
Star Mountain Resources has adopted a discovery-based business model to grow its industry presence in the future. The company plans to thoroughly explore and initially develop its leasehold before seeking senior industry partners to assist in the capital-intensive development and operation phases. Building on this strategy, Star Mountain Resources will also continue to seek quality projects that can be evaluated on their own technical and financial merit. Disclaimer
Star Mountain Resources, Inc. Company Blog
Star Mountain Resources, Inc. News:
Star Mountain Resources Reports on Sully Discovery Following Evaluation of Exploration Targets in the Balmat-Edwards Mining District, St. Lawrence County, New York
Star Mountain Resources Subsidiary Secures $500,000 Loan From a New York Public Benefit Trust
Star Mountain Resources Receives Industry Guide 7 Mineral Reserves Report on Balmat Mine
Cherubim Interests, Inc. (CHIT)
The QualityStocks Daily Newsletter would like to spotlight Cherubim Interests, Inc. (CHIT). Today, Cherubim Interests, Inc. closed trading at $0.01896, even for the day. The stock’s average daily volume over the past 60 days is 24,781, and its 52-week low/high is $0.0068/$620.00.
Cherubim Interests, Inc. (CHIT) is a development-stage alternative construction and real estate development company seeking various opportunities relative to the company's management team of experts in property management, construction and finance.
The company's primary focus is within the real estate development and controlled environment agriculture sectors, which Cherubim recently entered into by acquiring an exclusive worldwide license for the deployment of a proprietary plant cultivation technology. Through its wholly owned subsidiary, BudCube Cultivation Systems USA, Cherubim plans to construct, deploy and lease scalable medical and recreational marijuana cultivation facilities for commercial applications.
Coupled with a real estate development and property management business model, BudCube Cultivation Systems ("BCS") can position itself anywhere in the world where the cultivation of cannabis is legal. BCS's unique business model positions the company to greatly benefit as more market participants seek to gain entry into a fast-growing market at an attractive price point.
Armed with the ability to lease a portable and scalable turn-key cultivation solution to growers, Cherubim aims to use its licensed solution to fill the gap for both first-time and experienced cultivators who may not have the capital resources to buy land, construct or tenant-improve existing structures for the optimum environment for developing a high-quality cannabis product. Disclaimer
Cherubim Interests, Inc. Company Blog
Cherubim Interests, Inc. News:
Cherubim Interests, Inc. Signs Distribution Agreement With XWALLS Inc.
Cherubim Interests, Inc. Signs LOI to Construct Single-Family Residential Rental Properties
Cherubim Interests, Inc. Announces Letter to Shareholders
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 $0.015, off by 25.00%, on 241,958 volume with 15 trades. The stock’s average daily volume over the past 60 days is 83,932, and its 52-week low/high is $0.0137/$0.23.
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 N’ 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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- Get profiles for new featured companies at clients.qualitystocks.net
- Agora Holdings, Inc. (AGHI) Audit Is Complete, Company Continuing to Progress Its Plans to Move Up the Board to QB Level
- Alternet Systems (ALYI) Data Analytics Solution Gains Momentum with New Clients and Partners
- Cherubim Interests, Inc. (CHIT) Signs Distribution Agreement With XWALLS Inc.
- Dominovas Energy Corp. (DNRG) Set to Deliver Its Rubicon Showcase
- eXp World Holdings, Inc. (EXPI) Fundamental Research Corp. Updates Its Coverage of eXp World Holdings
- Giggles N' Hugs, Inc. (GIGL) engages Kiddos, Inc. and Michelle Steinberg of dOMAIN Integrated to Launch New Marketing and PR Initiatives
- Laguna Blends Inc. (LAGBF) Naturally Splendid Provides Update on Laguna’s Pro369 Hemp Protein Growth and Pro Athlete Brand Strategy
- Monaker Group, Inc. (MKGI) Alternative Lodging Vacation Rentals Gain Exposure to Decision Makers at Over One Million Companies Worldwide
- Moxian, Inc. (MOXC) Adopts Oracle Database Solutions to Support the Latest Payment and Transaction Platform, Enabling Intelligent Big Data
- OurPet's Company (OPCO) Has a New Natural Solution to Your Cat Litter Woes
- Singlepoint, Inc. (SING) to Capitalize on the Multi-Million Dollar 'Pokemon Go' Phenomenon With Custom Mobile Application
- Star Mountain Resources Inc. (SMRS) Reports on Sully Discovery Following Evaluation of Exploration Targets in the Balmat-Edwards Mining District, St. Lawrence County, New York
- WRIT Media Group, Inc. (WRIT) Announces New Funding Round