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Yes the whole "Girl thing" is for the customers - These guys are focused on what they should be - Growing the company and making money
Good traders buy the lows and sell the highs ;)
The live interview is being presented as a means to provide an up-date on the status of the company relative to its operations and financing plans. "It's been a long year of achieving refinements to our foodservice system and navigating the tough financing conditions of this investment climate, and we haven't had much to report," Mr. Feintech said. "The interview is an opportunity now to let people know where we're going and what we're excited about," Mr. Feintech continued.
:D
They are paying us for awareness not so much promoting, promoting is usually associated with 1-3 day campaigns, we are with FLTT for the long haul.
What did you all think of the interview last night?
Lets get our Push on Boyz n Girlz
That MacD is looking saweeet
Letz grab a cup of Coffee and get this show on the road
weeeeeeeeeeeeee Letz go FLTT
Looking forward to it Teffy
You can listen to the archived version on stockgoodies home page in about 2 hours
"These guys snuck in the backyard of a big dog" - I love it! lol
"Thomas Metzger Legend in the Restaurant business"
Radio Interview Right now! link http://www.blogtalkradio.com/stockgoodies
Some things never change Manix Ol' Pal
The $15 Million Explained
I'm going to use fictitious numbers and a fictitious company to explain this.............
Lets say a company (ABCD) needs $100K and their stock bid is @ 0.002 - They go to a loan company/guy as most penny/sub-penny companies do
- The loan guy/company gives the company (ABCD) $100K in return for shares, but they buy those shares @ 50% below the bid price (This figure varies but is a good average)
So the company ABCD get their $100K and the loan guy/company gets 100,000,000 shares (@0.001)to sell in the open market.
The stock goes to 0.0025 and the loan guy/company sells making 150% profit. - They don't care that the stock price could have gone higher - they just made 150% on their investment.
Here's where the Equity line comes in -
The same company ABCD has an equity line where they sell shares to the financing company for 5% below bid.
They need $100K so they draw from the equity line @ 5% below bid or 0.0019.
So the same 100K only cost them apx 52.63 Million shares Almost 1/2 of what the loan guy/company cost.
Now the Equity line company want to make a profit, so they let the share price go up before they sell, which allows the stock to rise.
There are other factors that could be involved in the equity line that can also help, such as an agreement to only sell a % of the normal daily trading volume. The answer to whether that is the case here I do not know at this time.
Bottom line is - All OTC Companies need money to grow their business, after all if they didn't need money they would be private companies - It's how they get that money that makes the difference.
I hope this helped clarify the significance of today's news a bit better for you all.
Yep C T the right steps are crucial - They have the concept, have tried and tested it in a market with tuff Coffee competition, employed a COO who has the credentials - They need some eyes on it and they need to be responsible when raising funds imo
Opsrey - come on dude - all Penny stocks dilute - If they didn't they would be private companies - fact of the matter is this company has real potential, an excellent business model and now have favorable financing - Go FLTT!
Plus we are talking 5% as opposed to the 50% or whatever they are having to pay now.
The volume you are seeing today is because once the equity line is open the company will have much more control of when and how shares hit the market.
They filed the 8K announcing the Equity line - They have to file an S1 and wait for the SEC to clear it before they can draw from those funds, honestly I wish it could happen sooner.
I've been watching VERT set the ask @ 0.0030 at one stage
Exactly
How could they be - The S1 hasn't even been filed yet?
BCCI taking on Starbucks in their own backyard - That's strong
Starbucks + Hooters = BCCI
Also made the Cloud in BIG Letters :)
BCCI News - Baristas Coffee CEO to Introduce Former Wolfgang Puck Pacific CEO as New COO on Simulcast with Stocktalk101 Radio & StockGoodies Radio - Tonighht @ 8pm EST
We hot Bra
1.1 Million @ that!
One more push up would be nice tho
BCCI NEWS
Baristas Coffee CEO to Introduce Former Wolfgang Puck Pacific CEO as New COO on Simulcast with Stocktalk101 Radio & StockGoodies Radio
Press Release Source: Baristas Coffee Company, Inc. On Tuesday November 30, 2010, 8:30 am EST
SEATTLE--(BUSINESS WIRE)-- BARISTAS COFFEE COMPANY, INC. (OTCPK:BCCI) announced today the broadcast of a featured interview with CEO Barry Henthorn and veteran restaurant executive and new COO Thomas E. Metzger, FMP. The interview, conducted by StockGoodies Radio, will air via a simulcast, on Tuesday, November 30th, 2010 at 08:00 pm EST on Virmmac, LLC and associates; Stocktalk101 Radio (stocktalk101); and StockGoodies Radio http://www.blogtalkradio.com/stockgoodies. A detailed company profile is also available on Virmmac’s (www.virmmac.com) homepage.
Mr. Henthorn and Mr. Metzger will discuss the company’s origins, future, and their unique and flirtatious approach to launching a new coffee brand.
Thomas E. Metzger, FMP, brings a wealth of broad and unique qualifications to Baristas Coffee Company. Mr. Metzger has served as Chief Executive Officer / President / Chief Operating Officer for numerous restaurants, notably Wolfgang Puck, Sizzler Steakhouses, Boston Market, and Kenny Rogers Roasters. His experience also includes the development of many national food service brands such as Cinnabon and Wendy’s International.
About Baristas Coffee Company, Inc.:
Headquartered in the Seattle, Washington area, Baristas Coffee Company (www.baristas.tv) was formed to create a national brand of drive-thru espresso stands. Baristas employs and promotes attractive female baristas that interact with customers 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.
For more detailed info, please visit: www.baristas.tv.
About Virmmac, LLC:
Virmmac.com is a virtual IR, marketing, media, and administration center focused on providing companies ongoing support, and Stocktalk101.com is designed to educate traders and investors alike in OTC and Pink Sheet companies.
About StockGoodies:
StockGoodies is one of the highest stock-related websites on Tim Syke’s blog investimonials.com. StockGoodies.com is a highly respected, leading publisher of news, perspective, and stock market education on all forms of trading, covering: pennies; micro-cap; small-, mid- and large-cap equities; foreign exchange; and options. Our mission is to educate & empower self-directed investors, with the vision of building a powerhouse of talented traders, helping each other, narrowing the gap between individual and institutional traders.
FORWARD-LOOKING STATEMENTS: Certain statements in this release and other written or oral statements made by or on behalf of the Company are “forward-looking statements” within the meaning of the federal securities laws. Statements regarding future events and developments and our future performance, as well as management’s expectations, beliefs, plans, estimates or projections relating to them are forward-looking statements within the meaning of these laws. The forward-looking statements are subject to a number of risks and uncertainties including market acceptance of the company’s services and projects and the company’s continued access to capital and other risks and uncertainties. The actual results the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. These statements are based on our current expectations and speak only as of the date of such statements.
There you are!!! lol
c'mon VERT move your butt
You're missing all the fun
The fact that he is willing to do it live holds great credence imo
If you averaged down yesterday you would be looking @ 0.0029 + making profit