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Not the prettiest building but the traffic and accesability are crazy. Nice one BCCI. It is doing very good business.
As this takes off across the country little roadblocks will vaporize. Glad we are dealing with them now.
The dollars are not even close to that happining. Nice try. The issue is old. They stated that the people had been paid for a long time. This is just about the penalties if any. Sounded like it was being dealt with. No need to be dramatic.
Its the old stuff just taking ints course. They have a very good business model.
The Georgetown location is busy as hell. I drove by it and almost ran into it because it is so close to the street. I stoppped and got a coffee from a very very good looking girl. Very very good looking girl. Thre were five cars there when I got there and four when I left.
BCCI is not paying for the N.J. Store. Cuppa Joes is so that does not make sense. Try him at barry@baristas.tv as is the e-mail at the bottom of the press releases. I have had reponses there.
Employees make very good money there. Sure some have a grudge and it is very competitive.
Old news. They are just looking to get penalties.
I have made very good money. I have also bought at higher levels. Thic company changed my reality more than any stock ever has. I never sold in the 80s but I am very pleased overall.
This is huge. Yes I see progress on most fronts. Not only are revenues growing but groups who can build multiple units are also being added.
The more I learn the better this loooks.
Thanks for that. I thought it was a good format and introduced the new COO well.
It was very infomative and I would like to see more communications like this.
BCCI is getting 55,000 impressons a day. That probably equates to at least 250k of uniques per month.
News on Tampa and N.J. is probably on the way.
You were right about the former hot dogs as well. what an unbelievable spot. Not much of a building but that can be fixed. Sure looks better than it did. And we are open and making money.
Very nice video. It shows very clearly what this location looks like and the potential. This is a very busy street yet the traffic is slow enough and easy enough to get in and out.
People definitely stack up to buy the product. The overhead per location is not even close to a Starbucks. One employee and a smaller footprint.
I suspect you will not see the results you think.
Yes its that stand. Been there forever. The release said 4th and Michigan.
I think we are all lucky.
Nice day with more to come.
They sure bought a great location and a ton of visability.
Fantastic location.
New website just launched. Much cleaner. I am sure it will just keep getting better.
You nailed it. I bet more is to come also.
I am bidding but they jumped above me.
Me likey too. If we can get through the .082s and close anywhere up today this will be a big sign.
Has been in business... and will remain open..
People sell for all kinds of reasons. Fifteen years is a long time to do anything. Health issues? Retirement? A belief that you could profit from an organizations expansion instead of getting out of bed at the a crack every day?
The point is that it is now a Baristas and they bought it. You can go on craigslist and see plenty of espresso stands for sale that are profitable. Sure some are not. Why depends on management, staff, location, saturation, and who is down the street among other things. We have it. It is double sided and highly visible.
This is progress to me and shows they are expanding both as company owned and franchises as they have said they would.
http://www.kfvs12.com/story/15248531/seattle-coffee-landmark-becomes-a-baristas-in-seattle
SEATTLE, Aug. 11, 2011 /PRNewswire/ -- Baristas Coffee Company, Inc. (OTCPK: BCCI) announces that it has purchased one of the oldest drive thru coffee locations in greater Seattle.
The location is on the corner of 4th Ave and Michigan Street at a major intersection and has been in business as a drive thru coffee stand for more than fifteen years. The double sided location will remain open during both the initial cosmetic remodel which will begin on Monday, Aug. 15, 2011 as well as once the permits for the final renovations to bring it into compliance with Company owned and franchise standards have been obtained and been completed.
"This new location is on a major thoroughfare for commuters to multiple industries and stadiums such as Boeing, Starbucks worldwide headquarters, Safeco field (home of the Mariners) and CenturyLink Field (formerly Qwest Field and home of the Seahawks). We are very pleased to have acquired this marquis location and have strong expectations for its contribution to revenue and visibility for Baristas." Stated Barry Henthorn CEO.
About Baristas Coffee Company (BCCI): Headquartered in the Seattle, Washington area, Baristas Coffee Company (www.baristas.tv) was formed to create a national brand of drive-thru espresso stands. It is accomplishing this by acquiring established businesses that fit its model, opening new locations, and by franchising. Baristas employs and promotes attractive female baristas trained to interact with the customer to maximize sales as well as prepare the finest beverages available. All baristas wear constantly changing and appealing costumes, allowing for customers to enjoy the anticipation of a fun, creative, new, and intriguing experience every day.
Contact:
Barry Henthorn, CEO
(206) 579-0222
Barry@Baristas.tv
corner of 4th Ave and Michigan
There have been last minute spikes for a month but this is definitely a good sign.
I think asking for a double in a day might be a lot but over a short time from these levels is not unreasonable given the last run. I do not think we will see 4s any time soon. I am still in as a buyer and have confidence in the business. As long as I see progress on that front I will remain bullish.
Looks to me like they are developing a pretty nice business.
And being instrumental in creating it with many of the rest of us investors. Stop being so bitter and look in the mirror for your blame. I bought all the way down here. In retrospect I would have been better buying it all at .04 or .05 but hindsite is 20 20. I am way way ahead in this stock and still believe tha I will do well even on the shares I bought in the 30s. Of course not as well as if I had bought them at lower levels.
Then a very late print a half hour after the close at .0725. Wow.
I show a close of .08 on level 2.
Today looks alot different.
Now the bid is moved to .063 and still no bid hits but some on the offer.
Then so is his credit for the good.
Now two bids above the last sale and no one is hitting them. This is very different than constant bid hitting. The bids are walking up and are above the last sale. bids .0625 and .06 and then still a .058 yet the last sale is .058