the merger agreement contains normal conditions to closing including obtaining the audited financial statements of gnh , as required by regulation s-x of the securities exchange act of 1934. additionally , the merger agreement sets forth conditions that the company shall have obtained a cancellation of 45,000,000 shares of common stock held by its majority shareholder . the merger with gnh , upon closing , will provide the company with the ownership of 100 % of giggles ‘ n ' hugs , llc , which owns one operating giggles ‘ n ' hugs restaurant in brentwood , california and another giggles ‘ n ' hugs restaurant in century city , california . note 10 – reclassification : stock split adjustment certain reclassifications have been made in the current year 's financial statements . on july 30 , 2010 , the company executed a forward stock split , effected as a stock dividend , which was originally recorded as a debit to additional paid-in capital and a corresponding credit to common stock , in the amount of $ 40,200 . during the quarter , the company recorded an adjustment , whereby the company recorded a debit to retained earnings and a credit to additional paid-in capital , in the amount of $ 40,200 . this adjustment did not change total stockholders ' deficit . ( see note 7 for more information regarding the stock split ) . note 11 – related party transactions from our inception to december 31 , 2010 , an officer and director of the company contributed cash in the amount of $ 18,800 . the entire amount was contributed , is not expected to be repaid and has been recorded as additional paid-in capital . f-16 giggles n ' hugs , inc. ( formerly teacher 's pet , inc. ) ( an development stage company ) notes to financial statements note 11 – related party transactions ( continued ) the company does not lease or rent any property . office services are provided without charge by an officer and director of the company . such costs are immaterial to the financial statements and , accordingly , have not been reflected therein . the officers and directors of the story_separator_special_tag except for the historical information , the following discussion contains forward-looking statements that are subject to risks and uncertainties . we caution you not to put undue reliance on any forward-looking statements , which speak only as of the date of this report . our actual results or actions may differ materially from these forward-looking statements for many reasons , including the risks described in “ risk factors ” and elsewhere in this annual report . our discussion and analysis of our financial condition and results of operations should be read in conjunction with the financial statements and related notes and with the understanding that our actual future results may be materially different from what we currently expect . overview and outlook background and recent developments we were originally incorporated under the laws of the state of nevada on september 17 , 2004 , under the name teacher 's pet , inc. ( “ tpet ” ) . our prior stated business objective was to sell products and provide services to assist teachers and parents further the education of children aged between kindergarten through sixth grade . as of the date of this report , we generated minimal revenues from that line of business . due to our lack of sufficient financial resources and inability to establish our educational supply business , we sought business opportunities with established companies and financing from third party sources . in august , 2010 , we identified an opportunity to enter into a relationship with a child-friendly restaurant in the brentwood region of los angeles , california . 14 we are focused exclusively on successfully consummating the merger with gnh . if we are unable to effect the proposed transaction , we have limited capital resources and no saleable inventory with which to operate our educational supply business . additionally , our ability to fund our operating expenses and debt service requirements are in doubt , and we can not guarantee that we will be able to satisfy such . as such , we would require a significant infusion of cash through sales of our debt or equity securities . there are no formal or informal agreements to attain such financing . we can not assure you that any financing can be obtained or , if obtained , that it will be on reasonable terms . without realization of additional capital , it would be unlikely for us to continue as a going concern . our management does not anticipate the need to hire additional full- or part- time employees over the next 12 months , as the services provided by our current officers and directors appear sufficient at this time . our officers and directors work for us on a part-time basis , and are prepared to devote additional time , as necessary . we do not expect to hire any additional employees over the next 12 months . however , in the normal course of our business , we expect to contract non-salaried third-party consultants to provide various professional services to our clients on our behalf . these consultants are considered independent and will be paid on a per-project basis and are not considered employees . results of operations during the year ended december 31 , 2010 , we generated $ 200 in revenue and during the year ended december 31 , 2009 , we did not generate any revenues . operating expenses during the year ended december 31 , 2010 were $ 86,764 , consisting of $ 614 in depreciation expense related to our computer equipment and $ 86,150 in general and administrative expenses such as accounting , professional and miscellaneous office expenditures . in comparison , operating expenses in the year ended december 31 , 2009 were $ story_separator_special_tag the merger agreement contains normal conditions to closing including obtaining the audited financial statements of gnh , as required by regulation s-x of the securities exchange act of 1934. additionally , the merger agreement sets forth conditions that the company shall have obtained a cancellation of 45,000,000 shares of common stock held by its majority shareholder . the merger with gnh , upon closing , will provide the company with the ownership of 100 % of giggles ‘ n ' hugs , llc , which owns one operating giggles ‘ n ' hugs restaurant in brentwood , california and another giggles ‘ n ' hugs restaurant in century city , california . note 10 – reclassification : stock split adjustment certain reclassifications have been made in the current year 's financial statements . on july 30 , 2010 , the company executed a forward stock split , effected as a stock dividend , which was originally recorded as a debit to additional paid-in capital and a corresponding credit to common stock , in the amount of $ 40,200 . during the quarter , the company recorded an adjustment , whereby the company recorded a debit to retained earnings and a credit to additional paid-in capital , in the amount of $ 40,200 . this adjustment did not change total stockholders ' deficit . ( see note 7 for more information regarding the stock split ) . note 11 – related party transactions from our inception to december 31 , 2010 , an officer and director of the company contributed cash in the amount of $ 18,800 . the entire amount was contributed , is not expected to be repaid and has been recorded as additional paid-in capital . f-16 giggles n ' hugs , inc. ( formerly teacher 's pet , inc. ) ( an development stage company ) notes to financial statements note 11 – related party transactions ( continued ) the company does not lease or rent any property . office services are provided without charge by an officer and director of the company . such costs are immaterial to the financial statements and , accordingly , have not been reflected therein . the officers and directors of the story_separator_special_tag except for the historical information , the following discussion contains forward-looking statements that are subject to risks and uncertainties . we caution you not to put undue reliance on any forward-looking statements , which speak only as of the date of this report . our actual results or actions may differ materially from these forward-looking statements for many reasons , including the risks described in “ risk factors ” and elsewhere in this annual report . our discussion and analysis of our financial condition and results of operations should be read in conjunction with the financial statements and related notes and with the understanding that our actual future results may be materially different from what we currently expect . overview and outlook background and recent developments we were originally incorporated under the laws of the state of nevada on september 17 , 2004 , under the name teacher 's pet , inc. ( “ tpet ” ) . our prior stated business objective was to sell products and provide services to assist teachers and parents further the education of children aged between kindergarten through sixth grade . as of the date of this report , we generated minimal revenues from that line of business . due to our lack of sufficient financial resources and inability to establish our educational supply business , we sought business opportunities with established companies and financing from third party sources . in august , 2010 , we identified an opportunity to enter into a relationship with a child-friendly restaurant in the brentwood region of los angeles , california . 14 we are focused exclusively on successfully consummating the merger with gnh . if we are unable to effect the proposed transaction , we have limited capital resources and no saleable inventory with which to operate our educational supply business . additionally , our ability to fund our operating expenses and debt service requirements are in doubt , and we can not guarantee that we will be able to satisfy such . as such , we would require a significant infusion of cash through sales of our debt or equity securities . there are no formal or informal agreements to attain such financing . we can not assure you that any financing can be obtained or , if obtained , that it will be on reasonable terms . without realization of additional capital , it would be unlikely for us to continue as a going concern . our management does not anticipate the need to hire additional full- or part- time employees over the next 12 months , as the services provided by our current officers and directors appear sufficient at this time . our officers and directors work for us on a part-time basis , and are prepared to devote additional time , as necessary . we do not expect to hire any additional employees over the next 12 months . however , in the normal course of our business , we expect to contract non-salaried third-party consultants to provide various professional services to our clients on our behalf . these consultants are considered independent and will be paid on a per-project basis and are not considered employees . results of operations during the year ended december 31 , 2010 , we generated $ 200 in revenue and during the year ended december 31 , 2009 , we did not generate any revenues . operating expenses during the year ended december 31 , 2010 were $ 86,764 , consisting of $ 614 in depreciation expense related to our computer equipment and $ 86,150 in general and administrative expenses such as accounting , professional and miscellaneous office expenditures . in comparison , operating expenses in the year ended december 31 , 2009 were $

liquidity and capital resources as of december 31 , 2010 , we had $ 769 in cash and did not have any other cash equivalents . the following table provides detailed information about our net cash flow for all financial statement periods presented in this annual report . to date , we have financed our operations through the issuance of stock , borrowings , and cash flows from operations . 15 the following table sets forth a summary of our cash flows for the periods indicated : replace_table_token_1_th operating activities net cash used in operating activities was $ 29,290 for the year ended december 31 , 2010 , as compared to $ 10,750 used in operating activities for the same period in 2009. the increase in net cash used in operating activities was primarily due to an increase in professional fees . financing activities net cash provided by financing activities for the year ended december 31 , 2010 was $ 27,865 , as compared to $ 12,250 for the same period of 2009. the increase of net cash provided by financing activities was mainly attributable to proceeds from related party notes . we believe that cash flow from operations will meet only a part of our present and near-term cash needs and thus we will require additional cash resources , including the sale of equity or debt securities , to meet our planned capital expenditures and working capital requirements for thenext 12 months .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```liquidity and capital resources as of december 31 , 2010 , we had $ 769 in cash and did not have any other cash equivalents . the following table provides detailed information about our net cash flow for all financial statement periods presented in this annual report . to date , we have financed our operations through the issuance of stock , borrowings , and cash flows from operations . 15 the following table sets forth a summary of our cash flows for the periods indicated : replace_table_token_1_th operating activities net cash used in operating activities was $ 29,290 for the year ended december 31 , 2010 , as compared to $ 10,750 used in operating activities for the same period in 2009. the increase in net cash used in operating activities was primarily due to an increase in professional fees . financing activities net cash provided by financing activities for the year ended december 31 , 2010 was $ 27,865 , as compared to $ 12,250 for the same period of 2009. the increase of net cash provided by financing activities was mainly attributable to proceeds from related party notes . we believe that cash flow from operations will meet only a part of our present and near-term cash needs and thus we will require additional cash resources , including the sale of equity or debt securities , to meet our planned capital expenditures and working capital requirements for thenext 12 months .
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 Suspicious Activity Report : the merger agreement contains normal conditions to closing including obtaining the audited financial statements of gnh , as required by regulation s-x of the securities exchange act of 1934. additionally , the merger agreement sets forth conditions that the company shall have obtained a cancellation of 45,000,000 shares of common stock held by its majority shareholder . the merger with gnh , upon closing , will provide the company with the ownership of 100 % of giggles ‘ n ' hugs , llc , which owns one operating giggles ‘ n ' hugs restaurant in brentwood , california and another giggles ‘ n ' hugs restaurant in century city , california . note 10 – reclassification : stock split adjustment certain reclassifications have been made in the current year 's financial statements . on july 30 , 2010 , the company executed a forward stock split , effected as a stock dividend , which was originally recorded as a debit to additional paid-in capital and a corresponding credit to common stock , in the amount of $ 40,200 . during the quarter , the company recorded an adjustment , whereby the company recorded a debit to retained earnings and a credit to additional paid-in capital , in the amount of $ 40,200 . this adjustment did not change total stockholders ' deficit . ( see note 7 for more information regarding the stock split ) . note 11 – related party transactions from our inception to december 31 , 2010 , an officer and director of the company contributed cash in the amount of $ 18,800 . the entire amount was contributed , is not expected to be repaid and has been recorded as additional paid-in capital . f-16 giggles n ' hugs , inc. ( formerly teacher 's pet , inc. ) ( an development stage company ) notes to financial statements note 11 – related party transactions ( continued ) the company does not lease or rent any property . office services are provided without charge by an officer and director of the company . such costs are immaterial to the financial statements and , accordingly , have not been reflected therein . the officers and directors of the story_separator_special_tag except for the historical information , the following discussion contains forward-looking statements that are subject to risks and uncertainties . we caution you not to put undue reliance on any forward-looking statements , which speak only as of the date of this report . our actual results or actions may differ materially from these forward-looking statements for many reasons , including the risks described in “ risk factors ” and elsewhere in this annual report . our discussion and analysis of our financial condition and results of operations should be read in conjunction with the financial statements and related notes and with the understanding that our actual future results may be materially different from what we currently expect . overview and outlook background and recent developments we were originally incorporated under the laws of the state of nevada on september 17 , 2004 , under the name teacher 's pet , inc. ( “ tpet ” ) . our prior stated business objective was to sell products and provide services to assist teachers and parents further the education of children aged between kindergarten through sixth grade . as of the date of this report , we generated minimal revenues from that line of business . due to our lack of sufficient financial resources and inability to establish our educational supply business , we sought business opportunities with established companies and financing from third party sources . in august , 2010 , we identified an opportunity to enter into a relationship with a child-friendly restaurant in the brentwood region of los angeles , california . 14 we are focused exclusively on successfully consummating the merger with gnh . if we are unable to effect the proposed transaction , we have limited capital resources and no saleable inventory with which to operate our educational supply business . additionally , our ability to fund our operating expenses and debt service requirements are in doubt , and we can not guarantee that we will be able to satisfy such . as such , we would require a significant infusion of cash through sales of our debt or equity securities . there are no formal or informal agreements to attain such financing . we can not assure you that any financing can be obtained or , if obtained , that it will be on reasonable terms . without realization of additional capital , it would be unlikely for us to continue as a going concern . our management does not anticipate the need to hire additional full- or part- time employees over the next 12 months , as the services provided by our current officers and directors appear sufficient at this time . our officers and directors work for us on a part-time basis , and are prepared to devote additional time , as necessary . we do not expect to hire any additional employees over the next 12 months . however , in the normal course of our business , we expect to contract non-salaried third-party consultants to provide various professional services to our clients on our behalf . these consultants are considered independent and will be paid on a per-project basis and are not considered employees . results of operations during the year ended december 31 , 2010 , we generated $ 200 in revenue and during the year ended december 31 , 2009 , we did not generate any revenues . operating expenses during the year ended december 31 , 2010 were $ 86,764 , consisting of $ 614 in depreciation expense related to our computer equipment and $ 86,150 in general and administrative expenses such as accounting , professional and miscellaneous office expenditures . in comparison , operating expenses in the year ended december 31 , 2009 were $ story_separator_special_tag the merger agreement contains normal conditions to closing including obtaining the audited financial statements of gnh , as required by regulation s-x of the securities exchange act of 1934. additionally , the merger agreement sets forth conditions that the company shall have obtained a cancellation of 45,000,000 shares of common stock held by its majority shareholder . the merger with gnh , upon closing , will provide the company with the ownership of 100 % of giggles ‘ n ' hugs , llc , which owns one operating giggles ‘ n ' hugs restaurant in brentwood , california and another giggles ‘ n ' hugs restaurant in century city , california . note 10 – reclassification : stock split adjustment certain reclassifications have been made in the current year 's financial statements . on july 30 , 2010 , the company executed a forward stock split , effected as a stock dividend , which was originally recorded as a debit to additional paid-in capital and a corresponding credit to common stock , in the amount of $ 40,200 . during the quarter , the company recorded an adjustment , whereby the company recorded a debit to retained earnings and a credit to additional paid-in capital , in the amount of $ 40,200 . this adjustment did not change total stockholders ' deficit . ( see note 7 for more information regarding the stock split ) . note 11 – related party transactions from our inception to december 31 , 2010 , an officer and director of the company contributed cash in the amount of $ 18,800 . the entire amount was contributed , is not expected to be repaid and has been recorded as additional paid-in capital . f-16 giggles n ' hugs , inc. ( formerly teacher 's pet , inc. ) ( an development stage company ) notes to financial statements note 11 – related party transactions ( continued ) the company does not lease or rent any property . office services are provided without charge by an officer and director of the company . such costs are immaterial to the financial statements and , accordingly , have not been reflected therein . the officers and directors of the story_separator_special_tag except for the historical information , the following discussion contains forward-looking statements that are subject to risks and uncertainties . we caution you not to put undue reliance on any forward-looking statements , which speak only as of the date of this report . our actual results or actions may differ materially from these forward-looking statements for many reasons , including the risks described in “ risk factors ” and elsewhere in this annual report . our discussion and analysis of our financial condition and results of operations should be read in conjunction with the financial statements and related notes and with the understanding that our actual future results may be materially different from what we currently expect . overview and outlook background and recent developments we were originally incorporated under the laws of the state of nevada on september 17 , 2004 , under the name teacher 's pet , inc. ( “ tpet ” ) . our prior stated business objective was to sell products and provide services to assist teachers and parents further the education of children aged between kindergarten through sixth grade . as of the date of this report , we generated minimal revenues from that line of business . due to our lack of sufficient financial resources and inability to establish our educational supply business , we sought business opportunities with established companies and financing from third party sources . in august , 2010 , we identified an opportunity to enter into a relationship with a child-friendly restaurant in the brentwood region of los angeles , california . 14 we are focused exclusively on successfully consummating the merger with gnh . if we are unable to effect the proposed transaction , we have limited capital resources and no saleable inventory with which to operate our educational supply business . additionally , our ability to fund our operating expenses and debt service requirements are in doubt , and we can not guarantee that we will be able to satisfy such . as such , we would require a significant infusion of cash through sales of our debt or equity securities . there are no formal or informal agreements to attain such financing . we can not assure you that any financing can be obtained or , if obtained , that it will be on reasonable terms . without realization of additional capital , it would be unlikely for us to continue as a going concern . our management does not anticipate the need to hire additional full- or part- time employees over the next 12 months , as the services provided by our current officers and directors appear sufficient at this time . our officers and directors work for us on a part-time basis , and are prepared to devote additional time , as necessary . we do not expect to hire any additional employees over the next 12 months . however , in the normal course of our business , we expect to contract non-salaried third-party consultants to provide various professional services to our clients on our behalf . these consultants are considered independent and will be paid on a per-project basis and are not considered employees . results of operations during the year ended december 31 , 2010 , we generated $ 200 in revenue and during the year ended december 31 , 2009 , we did not generate any revenues . operating expenses during the year ended december 31 , 2010 were $ 86,764 , consisting of $ 614 in depreciation expense related to our computer equipment and $ 86,150 in general and administrative expenses such as accounting , professional and miscellaneous office expenditures . in comparison , operating expenses in the year ended december 31 , 2009 were $

