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Don't forget the coffee.. BCCI has more then ice cream..franchises... Etc... BCCI $$$$$$$)
BCCI is growing in strength
Baristas Ice Cream arrives in C-Town and Bravo stores in New York
SEATTLE, April 30, 2013 /PRNewswire/ -- Baristas Coffee Company Inc. (OTCPK: BCCI) or ("the Company"), a fast growing U.S. based beverage and branded products company, has today announced that C-Town and Bravo Supermarkets are now carrying Baristas indulgent collection of coffee ice creams ("Barista Coffee Creations"), featuring classic flavors like "Caramel Cappuccino" and new specialty creations like "Coconut Cafe Latte."
The products are now available in approximately 40 C-Town and Bravo Supermarkets throughout the New York metropolitan region. The first run includes four packs of ice cream bars in both "Caramel Cappuccino" a caramel swirled coffee ice cream enrobed in dark chocolate and "Coconut Cafe Latte" a coconut swirled coffee ice cream enrobed in dark chocolate.
Barry Henthorn CEO commented; "The addition of C-Town and Bravo chain of supermarkets carrying our premium ice cream products continues to expand the footprint, exposure, and accessibility of this newly created product. We are especially encouraged that the "Baristas Coffee Creations" initial product, created from the ground up has had such a strong acceptance from such long standing staples in the supermarket world as C-Town and Bravo."
About Baristas Coffee Company (BCCI): Headquartered in the Seattle, Washington area, Baristas Coffee Company, Inc. was formed to create a national brand of drive-thru espresso stands. BCCI is accomplishing this by acquiring established businesses that fit its model, opening new locations, and by franchising. Baristas has separated itself from the competition with its "theme" of joining attractive female baristas in entertaining costumes preparing the finest beverages available on the market. Baristas can currently be found in six greater Seattle area locations as well as in Texas, Florida, and Montana. Your state, Coming Soon!
About C-Town/Bravo: C-Town Supermarkets is a chain of independently owned and operated supermarkets operating in the northeastern United States. C-Town was founded in 1975 with the goal of employing economies of scale to allow its small member stores to pool their purchasing and advertising power. C-Town operates approximately 200 stores in Connecticut, Massachusetts, New Jersey, New York, and Pennsylvania. C-Town is the fifth-largest food retailer in the New York City metropolitan area. C-Town is supplied by Krasdale Foods; many products sold in C-Town stores are labeled "Krasdale Foods." (Krasdale also is a supplier for the smaller Bravo supermarket chain.)
For more information on this fascinating concept please visit us at www.baristas.tv
Gross Profit increased 20% to $4.2 million from $3.5 million in the year ago period.
SG&A decreased 17% or $1.1 million to $5.6 million in 2012 from $6.7 million in 2011.
Total assets exceeded total liabilities by $0.52 million, a net change of $1.4 million from the prior year of 2011 where the liabilities outpaced company assets.
Net cash balance increased over 116% to $393,832 from the year ago period.
Positive cash flow from operations of $0.19 million, an improvement of 117% compared to the year ago period.
Gross Profit increased 20% to $4.2 million from $3.5 million in the year ago period.
SG&A decreased 17% or $1.1 million to $5.6 million in 2012 from $6.7 million in 2011.
Total assets exceeded total liabilities by $0.52 million, a net change of $1.4 million from the prior year of 2011 where the liabilities outpaced company assets.
Net cash balance increased over 116% to $393,832 from the year ago period.
Positive cash flow from operations of $0.19 million, an improvement of 117% compared to the year ago period.
Cord Blood America Announces 2012 Financial Results
LAS VEGAS, April 1, 2013 /PRNewswire/ -- Cord Blood America, Inc. (www.cordblood-america.com) (OTC Bulletin Board: CBAI) ("CBAI" or the "Company") today announced financial results for the year ended December 31, 2012.
Full Year Ended December 31, 2012 Highlights
Revenue increased 18% to a record $6.0 million from $5.1 million in the year ago period.
Gross Profit increased 20% to $4.2 million from $3.5 million in the year ago period.
SG&A decreased 17% or $1.1 million to $5.6 million in 2012 from $6.7 million in 2011.
Total assets exceeded total liabilities by $0.52 million, a net change of $1.4 million from the prior year of 2011 where the liabilities outpaced company assets.
Net cash balance increased over 116% to $393,832 from the year ago period.
Positive cash flow from operations of $0.19 million, an improvement of 117% compared to the year ago period.
Joseph Vicente, President of Cord Blood America, Inc. commented "After taking over as CEO in May of 2012, our team has made transformational changes to our business model as highlighted in the bullets above. At the same time we recognize we are at an inflection point for the company where incremental revenue growth will drive significantly higher operating profit for the company, highlighting the leverage within our model. Our combined US and South American operating divisions offer the best of both worlds, a high growth engine in Argentina which grew revenue by 35% for the year is providing the annuity streams of tomorrow, combined with our US operations which are growing at a steady rate of 10% while already achieving the scale to generate consistent recurring cash flow that covers the operation's fixed cost, demonstrating further the power of building a sizable customer base."
The Company's cash position continued to improve throughout 2012. The Company increased its cash from operations by $1.71 million from the comparative period of 2011. The impact of this is greatly heightened when one considers the Company's accounts payable balance decreased 37% or $327,000 from 2011 to 2012. "We have been steadfast that the Company needs to operate off its own cash. We continue to do so as evidenced by: our improving cash position; our consistent payment to vendors; and the fact that we did not take any outside investment capital for the last nine months of 2012," commented Mr. Vicente.
Gross profit for the year increased by approximately $0.69 million or 20% to $4.20 million from the prior comparative period. With gross margin as a percentage of revenue up slightly, to 70%, the Company anticipates that through the growth and expansion of its cord blood business in conjunction with continuing efficiencies in its own facilities, direct costs should continue to decrease as a percentage of sales, and gross profits will continue to improve.
Administrative and selling expenses for the year ended December 31, 2012 decreased 17% to $5.63 million as compared to $6.75 million for the comparative period of 2011. The company continues to evaluate each dollar being spent, automating for economies of scale, and understands that incremental revenue growth needs to proportionately drive higher operational profits.
Mr. Vicente concluded, "The last half of 2012 provided measureable improvement across key indicators for revenue, expenses and operating profit. As we progress into 2013, we are focused on expanding our service offerings in the stem cell space, securing additional sales channels to market our services, and ensuring that our sales efforts meet the balance of the fiscal discipline required to continue to build the cash position of the Company, all key contributors to drive the future value for our shareholders."
About Cord Blood America
Cord Blood America, Inc. is the parent company of CorCell, Companies, Inc. which, along with Cord Blood America, Inc., facilitates umbilical cord blood stem cell preservation for expectant parents and their children. Collected through a safe and non-invasive process, cord blood stem cells offer a powerful and potentially life-saving resource for treating a growing number of ailments, including cancer, leukemia, blood, and immune disorders. To find out more about Cord Blood America, Inc. and CorCell Companies, Inc., visit our websites: http://www.cordblood-america.com/ for investor information and http://www.corcell.com/ for customer information.
Chart is setting up nicely
RES Systems Begins a DC-DC Converter pilot test in Claro's facilities in Vieques Puerto Rico
PORT WASHINGTON, N.Y., May 7, 2013 /PRNewswire/ -- Renewable Energy Solution Systems [RES Systems] (OTC Pink Sheets: RESS) (www.renewablesolutions.com) announced today that it is commencing a pilot test of its solar solution on Claro's wireless communication center site in Vieques, Puerto Rico. The installation will feature the Razor Series™ DC-DC Converter as part of the site's off grid solar solution. Upon Claro's validation of the RES Systems' solar solution, the company could potentially identify additional cell sites to rollout the solution in the future.
Claro, a subsidiary of America Movil, the world's fourth largest telecommunications company in the world, is leading the industry in investing in renewable energy innovation as part of its environmentally responsible platform.
"Once completed, this installation and validation will be a significant milestone in the introduction of the Razor Series™ DC-DC Converter and solar solution to the telecommunications market. With its power redundancy and environmentally friendly power generation features, the Razor Series™ DC-DC Converter and solar solution is a natural fit to offset power and reduce costs incurred at the customer's wireless cell sites. We are excited at the prospect of installing and demonstrating our solar solution and the Company's Razor Series™ DC to DC Converter to the Claro's cell site marketplace," said Greg Okpych, RES Systems President.
"Suniva is very proud to partner with an innovative company like RES to deliver a high quality, reliable solution for the wireless telecommunications industry," said Suniva Chief Marketing Officer Bryan Ashley.
About RES Systems Razor Series™ and RES Systems. RES Systems Razor Series™ is a specifically designed and field-tested power solution for wireless telecom carriers. Cell sites primarily run on DC power, and a conventional solar application does not address the inefficiencies associated with solar-generated power. The Razor Series™ solar solution continues to produce power during daylight hours even if the grid goes down. In an off-grid setting, the Razor Series™ solar solution is an environmentally friendly, reliable power-generating solution alternative to the current power configuration of diesel generators and lead acid batteries. The Company is an integrator of solar energy technologies and equipment, specializing in solar power generation for telecommunications cell sites with its flagship Razor Series™ DC to DC Converter. The Company provides reliable & cost-effective solar power solutions to a wide range of sectors. For more information visit www.renewablesolutions.com
About Claro
Claro is Puerto Rico's largest full service telecommunications provider offering wireline and wireless voice and data services, long distance and TV.
RES Systems Razor Series™. and RES Systems. RES Systems Razor Series™ is a specifically designed and field-tested power solution for wireless telecom carriers. Cell sites primarily run on DC power, and a conventional solar application does not address the inefficiencies
Photos/Multimedia Gallery Available: http://www.renewablesolutions.com/about/galleries.php
The Company's Investor Relations information is available on its website; http://www.renewablesolutions.com/about/investors.php.
For customers interested in learning more about RES Systems products:
Global Customer Center: +11 516- 621-1166x 1
Domestic Customer Center: 516-621-1166x1
For an investor relations brochure, go to http://www.renewablesolutions.com/about/investors.php
For more information, contact: Greg Okpych, President 516-621-1166 ir@renewablesolutions.com.
Thank you FROGGER for the chart on CBAI. You've made me a lot of money last year. Thank you.
CBAI is still sustaining great levels.
I agree kped. Nice holding.
CBAI.....is getting ready for the next leg...up
I'm loading up my boat again for more CBAI
CBAI ...Great time for me to buy.
Mr. Vogan explained, "Reclamation work at the site from the drilling program last summer is nearly completed, pending final inspection. Together with the recent completion of our next stage funding, and upon approval of the Plan of Operations, we will then be in a position to bring in Small Mine Development (SMD - www.undergroundmining.com) as early as the 2nd week of May to begin the process of securing the existing mine adit and drift – the precursor step for undertaking underground mining activities. Starting today, our emphasis will be on implementing the Plan of Operations with the BLM to ensure all safety as well as other requirements are in full compliance."
First Liberty Power Further Progress Towards Fencemaker Production
LAS VEGAS, April 30, 2013 /PRNewswire/ -- First Liberty Power Corp. (OTCQB: FLPC), an innovative and diversified mine exploration and development company focused on bringing to market "Mined in America" strategic industrial minerals, is pleased to announce additional progress towards achieving the goal of near term mining on the Fencemaker property.
This week's Pathways of Progress update has First Liberty Power's partner at Fencemaker, James Vogan, Director of Stockpile Reserves LLC (SRL), initiating the transition of the Fencemaker property's Notice of Intent to a Plan of Operations as required by the federal U.S. Bureau of Land Management (BLM). This is a crucial step towards launching the mining operation early this summer.
Mr. Vogan explained, "Reclamation work at the site from the drilling program last summer is nearly completed, pending final inspection. Together with the recent completion of our next stage funding, and upon approval of the Plan of Operations, we will then be in a position to bring in Small Mine Development (SMD - www.undergroundmining.com) as early as the 2nd week of May to begin the process of securing the existing mine adit and drift – the precursor step for undertaking underground mining activities. Starting today, our emphasis will be on implementing the Plan of Operations with the BLM to ensure all safety as well as other requirements are in full compliance."
Bob Reynolds, FLPC VP Operation concluded, "First Liberty and SRL continue to work closely to identify the necessary work requirements as well as finalize the timetables and costs, with all energies are directed this week towards initiating mining activities at Fencemaker. With the closing today of our one half million financing, the Company and its shareholders are one step closer to that first blast of stibnite (Antimony) ore."
First Liberty Power will continue to use its Pathways of Progress program to inform and update on all operational advances on our mining and financial progress.
ABOUT FIRST LIBERTY POWER CORPORATION: First Liberty Power Corporation (OTCQB: FLPC) is an innovative and diversified mine exploration and development company focused on bringing to market "Mined in America" strategic industrial minerals. Our corporate philosophy is driven by a dedication to Pathways of Progress, our program of best corporate practices designed to drive us rapidly towards mine production & milling, to the greatest benefit of FLPC shareholders, investors and mining partners, while ensuring safety, environmental integrity, and good governance. Presently, FLPC has interests in four properties: the Fencemaker Antimony project in Nevada, the Lida Valley and Smoky Valley Lithium Brine projects in Nevada, and the San Juan Vanadium / Uranium project in Utah. www.firstlibertypower.com
Go LONG! CBAI $$$$$$
http://americanbulls.com/SignalPage.aspx?lang=en&Ticker=CBAI
I'm buying all the shares I can of CBAI
CBAI is an excellent growth company. .. I can also see its doing great because more bashers are coming out trying to get the stock to go down, so they can try to get in cheap. Well bashers you will have to start buying on the ask. CBAI is an excellent company.. CBAI $$$$$$$
CBAI is $$$$$$$: Cord Blood America Announces 2012 Financial Results
LAS VEGAS, April 1, 2013 /PRNewswire/ -- Cord Blood America, Inc. (www.cordblood-america.com) (OTC Bulletin Board: CBAI) ("CBAI" or the "Company") today announced financial results for the year ended December 31, 2012.
Full Year Ended December 31, 2012 Highlights
Revenue increased 18% to a record $6.0 million from $5.1 million in the year ago period.
Gross Profit increased 20% to $4.2 million from $3.5 million in the year ago period.
SG&A decreased 17% or $1.1 million to $5.6 million in 2012 from $6.7 million in 2011.
Total assets exceeded total liabilities by $0.52 million, a net change of $1.4 million from the prior year of 2011 where the liabilities outpaced company assets.
Net cash balance increased over 116% to $393,832 from the year ago period.
Positive cash flow from operations of $0.19 million, an improvement of 117% compared to the year ago period.
Joseph Vicente, President of Cord Blood America, Inc. commented "After taking over as CEO in May of 2012, our team has made transformational changes to our business model as highlighted in the bullets above. At the same time we recognize we are at an inflection point for the company where incremental revenue growth will drive significantly higher operating profit for the company, highlighting the leverage within our model. Our combined US and South American operating divisions offer the best of both worlds, a high growth engine in Argentina which grew revenue by 35% for the year is providing the annuity streams of tomorrow, combined with our US operations which are growing at a steady rate of 10% while already achieving the scale to generate consistent recurring cash flow that covers the operation's fixed cost, demonstrating further the power of building a sizable customer base."
The Company's cash position continued to improve throughout 2012. The Company increased its cash from operations by $1.71 million from the comparative period of 2011. The impact of this is greatly heightened when one considers the Company's accounts payable balance decreased 37% or $327,000 from 2011 to 2012. "We have been steadfast that the Company needs to operate off its own cash. We continue to do so as evidenced by: our improving cash position; our consistent payment to vendors; and the fact that we did not take any outside investment capital for the last nine months of 2012," commented Mr. Vicente.
Gross profit for the year increased by approximately $0.69 million or 20% to $4.20 million from the prior comparative period. With gross margin as a percentage of revenue up slightly, to 70%, the Company anticipates that through the growth and expansion of its cord blood business in conjunction with continuing efficiencies in its own facilities, direct costs should continue to decrease as a percentage of sales, and gross profits will continue to improve.
Administrative and selling expenses for the year ended December 31, 2012 decreased 17% to $5.63 million as compared to $6.75 million for the comparative period of 2011. The company continues to evaluate each dollar being spent, automating for economies of scale, and understands that incremental revenue growth needs to proportionately drive higher operational profits.
Mr. Vicente concluded, "The last half of 2012 provided measureable improvement across key indicators for revenue, expenses and operating profit. As we progress into 2013, we are focused on expanding our service offerings in the stem cell space, securing additional sales channels to market our services, and ensuring that our sales efforts meet the balance of the fiscal discipline required to continue to build the cash position of the Company, all key contributors to drive the future value for our shareholders."
About Cord Blood America
Cord Blood America, Inc. is the parent company of CorCell, Companies, Inc. which, along with Cord Blood America, Inc., facilitates umbilical cord blood stem cell preservation for expectant parents and their children. Collected through a safe and non-invasive process, cord blood stem cells offer a powerful and potentially life-saving resource for treating a growing number of ailments, including cancer, leukemia, blood, and immune disorders. To find out more about Cord Blood America, Inc. and CorCell Companies, Inc., visit our websites: http://www.cordblood-america.com/ for investor information and http://www.corcell.com/ for customer information.
Cord Blood America Announces 2012 Financial Results
LAS VEGAS, April 1, 2013 /PRNewswire/ -- Cord Blood America, Inc. (www.cordblood-america.com) (OTC Bulletin Board: CBAI) ("CBAI" or the "Company") today announced financial results for the year ended December 31, 2012.
Full Year Ended December 31, 2012 Highlights
Revenue increased 18% to a record $6.0 million from $5.1 million in the year ago period.
Gross Profit increased 20% to $4.2 million from $3.5 million in the year ago period.
SG&A decreased 17% or $1.1 million to $5.6 million in 2012 from $6.7 million in 2011.
Total assets exceeded total liabilities by $0.52 million, a net change of $1.4 million from the prior year of 2011 where the liabilities outpaced company assets.
Net cash balance increased over 116% to $393,832 from the year ago period.
Positive cash flow from operations of $0.19 million, an improvement of 117% compared to the year ago period.
Joseph Vicente, President of Cord Blood America, Inc. commented "After taking over as CEO in May of 2012, our team has made transformational changes to our business model as highlighted in the bullets above. At the same time we recognize we are at an inflection point for the company where incremental revenue growth will drive significantly higher operating profit for the company, highlighting the leverage within our model. Our combined US and South American operating divisions offer the best of both worlds, a high growth engine in Argentina which grew revenue by 35% for the year is providing the annuity streams of tomorrow, combined with our US operations which are growing at a steady rate of 10% while already achieving the scale to generate consistent recurring cash flow that covers the operation's fixed cost, demonstrating further the power of building a sizable customer base."
The Company's cash position continued to improve throughout 2012. The Company increased its cash from operations by $1.71 million from the comparative period of 2011. The impact of this is greatly heightened when one considers the Company's accounts payable balance decreased 37% or $327,000 from 2011 to 2012. "We have been steadfast that the Company needs to operate off its own cash. We continue to do so as evidenced by: our improving cash position; our consistent payment to vendors; and the fact that we did not take any outside investment capital for the last nine months of 2012," commented Mr. Vicente.
Gross profit for the year increased by approximately $0.69 million or 20% to $4.20 million from the prior comparative period. With gross margin as a percentage of revenue up slightly, to 70%, the Company anticipates that through the growth and expansion of its cord blood business in conjunction with continuing efficiencies in its own facilities, direct costs should continue to decrease as a percentage of sales, and gross profits will continue to improve.
Administrative and selling expenses for the year ended December 31, 2012 decreased 17% to $5.63 million as compared to $6.75 million for the comparative period of 2011. The company continues to evaluate each dollar being spent, automating for economies of scale, and understands that incremental revenue growth needs to proportionately drive higher operational profits.
Mr. Vicente concluded, "The last half of 2012 provided measureable improvement across key indicators for revenue, expenses and operating profit. As we progress into 2013, we are focused on expanding our service offerings in the stem cell space, securing additional sales channels to market our services, and ensuring that our sales efforts meet the balance of the fiscal discipline required to continue to build the cash position of the Company, all key contributors to drive the future value for our shareholders."
About Cord Blood America
Cord Blood America, Inc. is the parent company of CorCell, Companies, Inc. which, along with Cord Blood America, Inc., facilitates umbilical cord blood stem cell preservation for expectant parents and their children. Collected through a safe and non-invasive process, cord blood stem cells offer a powerful and potentially life-saving resource for treating a growing number of ailments, including cancer, leukemia, blood, and immune disorders. To find out more about Cord Blood America, Inc. and CorCell Companies, Inc., visit our websites: http://www.cordblood-america.com/ for investor information and http://www.corcell.com/ for customer information.
Revenue increased 18% to a record $6.0 million from $5.1 million in the year ago period.
Gross Profit increased 20% to $4.2 million from $3.5 million in the year ago period.
SG&A decreased 17% or $1.1 million to $5.6 million in 2012 from $6.7 million in 2011.
Total assets exceeded total liabilities by $0.52 million, a net change of $1.4 million from the prior year of 2011 where the liabilities outpaced company assets.
Net cash balance increased over 116% to $393,832 from the year ago period.
Positive cash flow from operations of $0.19 million, an improvement of 117% compared to the year ago period.
Revenue increased 18% to a record $6.0 million from $5.1 million in the year ago period.
Gross Profit increased 20% to $4.2 million from $3.5 million in the year ago period.
SG&A decreased 17% or $1.1 million to $5.6 million in 2012 from $6.7 million in 2011.
Total assets exceeded total liabilities by $0.52 million, a net change of $1.4 million from the prior year of 2011 where the liabilities outpaced company assets.
Net cash balance increased over 116% to $393,832 from the year ago period.
Positive cash flow from operations of $0.19 million, an improvement of 117% compared to the year ago period.
Still on NASDAQ exchange. Still a higher level
Look at E trade financial MarketTrader. Click on market depth for CBAI. It shows: prime exchange: NASDAQ BB Domestic
Revenue increased 18% to a record $6.0 million from $5.1 million in the year ago period.
Gross Profit increased 20% to $4.2 million from $3.5 million in the year ago period.
SG&A decreased 17% or $1.1 million to $5.6 million in 2012 from $6.7 million in 2011.
Total assets exceeded total liabilities by $0.52 million, a net change of $1.4 million from the prior year of 2011 where the liabilities outpaced company assets.
Net cash balance increased over 116% to $393,832 from the year ago period.
Positive cash flow from operations of $0.19 million, an improvement of 117% compared to the year ago period.
Another important factor for CBAI is, it's NASDAQ listed. It's not a pink stock that has limited or no financials. Major difference. CBAI is a solid growth company.
Baristas Files Franchise Documents in 26 Additional States meeting all requirements in over 50% of the nation
SEATTLE, April 16, 2013 /PRNewswire/ -- Baristas Coffee Company Inc. (OTC PINK: BCCI), a fast growing U.S. based beverage and branded products company, today announced that it has filed its Franchise Disclosure Documents with all of the following states: Alabama, Alaska, Arkansas, Colorado, Delaware, Georgia, Idaho, Iowa, Kansas, Louisiana, Massachusetts, Missouri, Mississippi, Montana, Nevada, New Hampshire, New Jersey, New Mexico, Ohio, Oklahoma, Pennsylvania, Tennessee, Vermont, West Virginia, Washington DC, and Wyoming,
This filing is subsequent to the filing to become registered in Baristas' home state of Washington, as well as additional registration states, New York and California.
Newly appointed Director of Store and Brand Development, Mike Reynolds, stated: "We have now completed the filing process and are now fully compliant to sell franchises in over 50% of the country. We will now roll out our franchising expansion with committed development partners. We will continue to register in other states that we have received strong interest in so that we may also pursue those regions for franchising as well. Baristas offers a very compelling business model and provides the best opportunity in franchising that I have seen in my career and is clearly the best in its sector."
Barry Henthorn CEO commented; "We now can answer the pent up demand for our exciting franchise concept with full confidence that we have met every requirement. This accomplishment has been the result of a committed effort to comply with the differing regulations of multiple states to insure that we comply with all regulations. Franchising is an important aspect of the expansion of the Baristas brand and will also help reduce our cost of goods sold widening our profit margins."
About Baristas Coffee Company (BCCI): Headquartered in the Seattle, Washington area, currently trades under the symbol (OTC PINK: BCCI) has recently made a formal application to the NASDAQ Capital Market under the reserved symbol "BAPI". Baristas Coffee Company, Inc. was formed to create a national brand of drive-thru espresso stands. BCCI is accomplishing this by acquiring established businesses that fit its model, opening new locations, and by franchising. Baristas has separated itself from the competition with its "theme" of joining attractive female baristas in entertaining costumes preparing the finest beverages available on the market. Baristas can currently be found in six greater Seattle area locations as well as in Texas, Florida, Arizona, and Montana. Your state, Coming Soon!
For more information on this fascinating concept please visit us at www.baristas.tv
Going long! CBAI $$$$$$$$$$$$$
CBAI is not tanking. Nice try:Cord Blood America Announces 2012 Financial Results
LAS VEGAS, April 1, 2013 /PRNewswire/ -- Cord Blood America, Inc. (www.cordblood-america.com) (OTC Bulletin Board: CBAI) ("CBAI" or the "Company") today announced financial results for the year ended December 31, 2012.
Full Year Ended December 31, 2012 Highlights
Revenue increased 18% to a record $6.0 million from $5.1 million in the year ago period.
Gross Profit increased 20% to $4.2 million from $3.5 million in the year ago period.
SG&A decreased 17% or $1.1 million to $5.6 million in 2012 from $6.7 million in 2011.
Total assets exceeded total liabilities by $0.52 million, a net change of $1.4 million from the prior year of 2011 where the liabilities outpaced company assets.
Net cash balance increased over 116% to $393,832 from the year ago period.
Positive cash flow from operations of $0.19 million, an improvement of 117% compared to the year ago period.
Joseph Vicente, President of Cord Blood America, Inc. commented "After taking over as CEO in May of 2012, our team has made transformational changes to our business model as highlighted in the bullets above. At the same time we recognize we are at an inflection point for the company where incremental revenue growth will drive significantly higher operating profit for the company, highlighting the leverage within our model. Our combined US and South American operating divisions offer the best of both worlds, a high growth engine in Argentina which grew revenue by 35% for the year is providing the annuity streams of tomorrow, combined with our US operations which are growing at a steady rate of 10% while already achieving the scale to generate consistent recurring cash flow that covers the operation's fixed cost, demonstrating further the power of building a sizable customer base."
The Company's cash position continued to improve throughout 2012. The Company increased its cash from operations by $1.71 million from the comparative period of 2011. The impact of this is greatly heightened when one considers the Company's accounts payable balance decreased 37% or $327,000 from 2011 to 2012. "We have been steadfast that the Company needs to operate off its own cash. We continue to do so as evidenced by: our improving cash position; our consistent payment to vendors; and the fact that we did not take any outside investment capital for the last nine months of 2012," commented Mr. Vicente.
Gross profit for the year increased by approximately $0.69 million or 20% to $4.20 million from the prior comparative period. With gross margin as a percentage of revenue up slightly, to 70%, the Company anticipates that through the growth and expansion of its cord blood business in conjunction with continuing efficiencies in its own facilities, direct costs should continue to decrease as a percentage of sales, and gross profits will continue to improve.
Administrative and selling expenses for the year ended December 31, 2012 decreased 17% to $5.63 million as compared to $6.75 million for the comparative period of 2011. The company continues to evaluate each dollar being spent, automating for economies of scale, and understands that incremental revenue growth needs to proportionately drive higher operational profits.
Mr. Vicente concluded, "The last half of 2012 provided measureable improvement across key indicators for revenue, expenses and operating profit. As we progress into 2013, we are focused on expanding our service offerings in the stem cell space, securing additional sales channels to market our services, and ensuring that our sales efforts meet the balance of the fiscal discipline required to continue to build the cash position of the Company, all key contributors to drive the future value for our shareholders."
About Cord Blood America
Cord Blood America, Inc. is the parent company of CorCell, Companies, Inc. which, along with Cord Blood America, Inc., facilitates umbilical cord blood stem cell preservation for expectant parents and their children. Collected through a safe and non-invasive process, cord blood stem cells offer a powerful and potentially life-saving resource for treating a growing number of ailments, including cancer, leukemia, blood, and immune disorders. To find out more about Cord Blood America, Inc. and CorCell Companies, Inc., visit our websites: http://www.cordblood-america.com/ for investor information and http://www.corcell.com/ for customer information.
Mr Palmer has done:Baristas Files Franchise Documents in 26 Additional States meeting all requirements in over 50% of the nation
SEATTLE, April 16, 2013 /PRNewswire/ -- Baristas Coffee Company Inc. (OTC PINK: BCCI), a fast growing U.S. based beverage and branded products company, today announced that it has filed its Franchise Disclosure Documents with all of the following states: Alabama, Alaska, Arkansas, Colorado, Delaware, Georgia, Idaho, Iowa, Kansas, Louisiana, Massachusetts, Missouri, Mississippi, Montana, Nevada, New Hampshire, New Jersey, New Mexico, Ohio, Oklahoma, Pennsylvania, Tennessee, Vermont, West Virginia, Washington DC, and Wyoming,
This filing is subsequent to the filing to become registered in Baristas' home state of Washington, as well as additional registration states, New York and California.
Newly appointed Director of Store and Brand Development, Mike Reynolds, stated: "We have now completed the filing process and are now fully compliant to sell franchises in over 50% of the country. We will now roll out our franchising expansion with committed development partners. We will continue to register in other states that we have received strong interest in so that we may also pursue those regions for franchising as well. Baristas offers a very compelling business model and provides the best opportunity in franchising that I have seen in my career and is clearly the best in its sector."
Barry Henthorn CEO commented; "We now can answer the pent up demand for our exciting franchise concept with full confidence that we have met every requirement. This accomplishment has been the result of a committed effort to comply with the differing regulations of multiple states to insure that we comply with all regulations. Franchising is an important aspect of the expansion of the Baristas brand and will also help reduce our cost of goods sold widening our profit margins."
About Baristas Coffee Company (BCCI): Headquartered in the Seattle, Washington area, currently trades under the symbol (OTC PINK: BCCI) has recently made a formal application to the NASDAQ Capital Market under the reserved symbol "BAPI". Baristas Coffee Company, Inc. was formed to create a national brand of drive-thru espresso stands. BCCI is accomplishing this by acquiring established businesses that fit its model, opening new locations, and by franchising. Baristas has separated itself from the competition with its "theme" of joining attractive female baristas in entertaining costumes preparing the finest beverages available on the market. Baristas can currently be found in six greater Seattle area locations as well as in Texas, Florida, Arizona, and Montana. Your state, Coming Soon!
For more information on this fascinating concept please visit us at www.baristas.tv
First Liberty Power Further Progress Towards Fencemaker Production
LAS VEGAS, April 30, 2013 /PRNewswire/ -- First Liberty Power Corp. (OTCQB: FLPC), an innovative and diversified mine exploration and development company focused on bringing to market "Mined in America" strategic industrial minerals, is pleased to announce additional progress towards achieving the goal of near term mining on the Fencemaker property.
This week's Pathways of Progress update has First Liberty Power's partner at Fencemaker, James Vogan, Director of Stockpile Reserves LLC (SRL), initiating the transition of the Fencemaker property's Notice of Intent to a Plan of Operations as required by the federal U.S. Bureau of Land Management (BLM). This is a crucial step towards launching the mining operation early this summer.
Mr. Vogan explained, "Reclamation work at the site from the drilling program last summer is nearly completed, pending final inspection. Together with the recent completion of our next stage funding, and upon approval of the Plan of Operations, we will then be in a position to bring in Small Mine Development (SMD - www.undergroundmining.com) as early as the 2nd week of May to begin the process of securing the existing mine adit and drift – the precursor step for undertaking underground mining activities. Starting today, our emphasis will be on implementing the Plan of Operations with the BLM to ensure all safety as well as other requirements are in full compliance."
Bob Reynolds, FLPC VP Operation concluded, "First Liberty and SRL continue to work closely to identify the necessary work requirements as well as finalize the timetables and costs, with all energies are directed this week towards initiating mining activities at Fencemaker. With the closing today of our one half million financing, the Company and its shareholders are one step closer to that first blast of stibnite (Antimony) ore."
First Liberty Power will continue to use its Pathways of Progress program to inform and update on all operational advances on our mining and financial progress.
ABOUT FIRST LIBERTY POWER CORPORATION: First Liberty Power Corporation (OTCQB: FLPC) is an innovative and diversified mine exploration and development company focused on bringing to market "Mined in America" strategic industrial minerals. Our corporate philosophy is driven by a dedication to Pathways of Progress, our program of best corporate practices designed to drive us rapidly towards mine production & milling, to the greatest benefit of FLPC shareholders, investors and mining partners, while ensuring safety, environmental integrity, and good governance. Presently, FLPC has interests in four properties: the Fencemaker Antimony project in Nevada, the Lida Valley and Smoky Valley Lithium Brine projects in Nevada, and the San Juan Vanadium / Uranium project in Utah. www.firstlibertypower.com
Elite Pharmaceuticals Awarded Second U.S. Patent for Abuse Resistant Drug Formulation
Elite Pharmaceuticals, Inc. ("Elite" or the "Company") (OTCBB:ELTP) today announced the issuance of U.S. Patent No. 8,425,933 entitled "Abuse-Resistant Oral Dosage Forms and Method of Use Thereof" by the United States Patent and Trademark Office. This is the second issued U.S. patent covering Elite's abuse resistant technology for opioid products. Elite has additional patents pending in the U.S., Canada and Europe.
"We are pleased to receive this second abuse resistant patent. The recent guidances and actions by the FDA related to extended release opioids and specifically oxycodone demonstrates the FDA support for abuse resistant technologies. Opioid products incorporating abuse resistant technologies have become a public health priority and these recent actions appear to be a major step towards the FDA eventually requiring that all extended release opioids utilize these technologies. This validates our approach and we believe substantially increases the value of our intellectual property and the abuse resistant products in our pipeline," said Jerry Treppel, Elite's Chairman and CEO.
About Elite Pharmaceuticals, Inc.
Elite Pharmaceuticals, Inc. develops oral sustained and controlled release products. Elite's strategy includes assisting partner companies in the life cycle management of products to improve off-patent drug products and developing generic versions of controlled release drug products with high barriers to entry. Elite has three commercial products currently being sold, three additional products approved and soon to be launched, and one additional product pending approval by the FDA. Elite's lead pipeline products include abuse resistant opioids utilizing the Company's patented proprietary technology, and a once-daily opioid. They are sustained release oral formulations of opioids for the treatment of chronic pain, which address two of the limitations of existing oral opioids: the provision of consistent relief of baseline pain levels and deterrence of potential abuse. Elite also provides contract manufacturing for Actavis and Ascend Laboratories (previously a subsidiary of ThePharmaNetwork and now a subsidiary of Alkem Laboratories Ltd.) and has partnered with Mikah Pharma to develop a new product, with Hi-Tech Pharmacal to develop an intermediate for a generic product, and a Hong Kong based company to develop a branded product for the United States market and its territories. Elite operates a GMP and DEA registered facility for research, development, and manufacturing located in Northvale, NJ.
Baristas Files Franchise Documents in 26 Additional States meeting all requirements in over 50% of the nation
SEATTLE, April 16, 2013 /PRNewswire/ -- Baristas Coffee Company Inc. (OTC PINK: BCCI), a fast growing U.S. based beverage and branded products company, today announced that it has filed its Franchise Disclosure Documents with all of the following states: Alabama, Alaska, Arkansas, Colorado, Delaware, Georgia, Idaho, Iowa, Kansas, Louisiana, Massachusetts, Missouri, Mississippi, Montana, Nevada, New Hampshire, New Jersey, New Mexico, Ohio, Oklahoma, Pennsylvania, Tennessee, Vermont, West Virginia, Washington DC, and Wyoming,
This filing is subsequent to the filing to become registered in Baristas' home state of Washington, as well as additional registration states, New York and California.
Newly appointed Director of Store and Brand Development, Mike Reynolds, stated: "We have now completed the filing process and are now fully compliant to sell franchises in over 50% of the country. We will now roll out our franchising expansion with committed development partners. We will continue to register in other states that we have received strong interest in so that we may also pursue those regions for franchising as well. Baristas offers a very compelling business model and provides the best opportunity in franchising that I have seen in my career and is clearly the best in its sector."
Barry Henthorn CEO commented; "We now can answer the pent up demand for our exciting franchise concept with full confidence that we have met every requirement. This accomplishment has been the result of a committed effort to comply with the differing regulations of multiple states to insure that we comply with all regulations. Franchising is an important aspect of the expansion of the Baristas brand and will also help reduce our cost of goods sold widening our profit margins."
About Baristas Coffee Company (BCCI): Headquartered in the Seattle, Washington area, currently trades under the symbol (OTC PINK: BCCI) has recently made a formal application to the NASDAQ Capital Market under the reserved symbol "BAPI". Baristas Coffee Company, Inc. was formed to create a national brand of drive-thru espresso stands. BCCI is accomplishing this by acquiring established businesses that fit its model, opening new locations, and by franchising. Baristas has separated itself from the competition with its "theme" of joining attractive female baristas in entertaining costumes preparing the finest beverages available on the market. Baristas can currently be found in six greater Seattle area locations as well as in Texas, Florida, Arizona, and Montana. Your state, Coming Soon!
For more information on this fascinating concept please visit us at www.baristas.tv
Baristas Ice Cream arrives in C-Town and Bravo stores in New York
SEATTLE, April 30, 2013 /PRNewswire/ -- Baristas Coffee Company Inc. (OTCPK: BCCI) or ("the Company"), a fast growing U.S. based beverage and branded products company, has today announced that C-Town and Bravo Supermarkets are now carrying Baristas indulgent collection of coffee ice creams ("Barista Coffee Creations"), featuring classic flavors like "Caramel Cappuccino" and new specialty creations like "Coconut Cafe Latte."
The products are now available in approximately 40 C-Town and Bravo Supermarkets throughout the New York metropolitan region. The first run includes four packs of ice cream bars in both "Caramel Cappuccino" a caramel swirled coffee ice cream enrobed in dark chocolate and "Coconut Cafe Latte" a coconut swirled coffee ice cream enrobed in dark chocolate.
Barry Henthorn CEO commented; "The addition of C-Town and Bravo chain of supermarkets carrying our premium ice cream products continues to expand the footprint, exposure, and accessibility of this newly created product. We are especially encouraged that the "Baristas Coffee Creations" initial product, created from the ground up has had such a strong acceptance from such long standing staples in the supermarket world as C-Town and Bravo."
About Baristas Coffee Company (BCCI): Headquartered in the Seattle, Washington area, Baristas Coffee Company, Inc. was formed to create a national brand of drive-thru espresso stands. BCCI is accomplishing this by acquiring established businesses that fit its model, opening new locations, and by franchising. Baristas has separated itself from the competition with its "theme" of joining attractive female baristas in entertaining costumes preparing the finest beverages available on the market. Baristas can currently be found in six greater Seattle area locations as well as in Texas, Florida, and Montana. Your state, Coming Soon!
About C-Town/Bravo: C-Town Supermarkets is a chain of independently owned and operated supermarkets operating in the northeastern United States. C-Town was founded in 1975 with the goal of employing economies of scale to allow its small member stores to pool their purchasing and advertising power. C-Town operates approximately 200 stores in Connecticut, Massachusetts, New Jersey, New York, and Pennsylvania. C-Town is the fifth-largest food retailer in the New York City metropolitan area. C-Town is supplied by Krasdale Foods; many products sold in C-Town stores are labeled "Krasdale Foods." (Krasdale also is a supplier for the smaller Bravo supermarket chain.)
For more information on this fascinating concept please visit us at www.baristas.tv
The more they try, the more I buy BCCI ..... 400,000 shares I own. More buying to come.....
CBAI has all the potential to uplist on NASDAQ
Cord Blood America Announces 2012 Financial Results
LAS VEGAS, April 1, 2013 /PRNewswire/ -- Cord Blood America, Inc. (www.cordblood-america.com) (OTC Bulletin Board: CBAI) ("CBAI" or the "Company") today announced financial results for the year ended December 31, 2012.
Full Year Ended December 31, 2012 Highlights
Revenue increased 18% to a record $6.0 million from $5.1 million in the year ago period.
Gross Profit increased 20% to $4.2 million from $3.5 million in the year ago period.
SG&A decreased 17% or $1.1 million to $5.6 million in 2012 from $6.7 million in 2011.
Total assets exceeded total liabilities by $0.52 million, a net change of $1.4 million from the prior year of 2011 where the liabilities outpaced company assets.
Net cash balance increased over 116% to $393,832 from the year ago period.
Positive cash flow from operations of $0.19 million, an improvement of 117% compared to the year ago period.
Joseph Vicente, President of Cord Blood America, Inc. commented "After taking over as CEO in May of 2012, our team has made transformational changes to our business model as highlighted in the bullets above. At the same time we recognize we are at an inflection point for the company where incremental revenue growth will drive significantly higher operating profit for the company, highlighting the leverage within our model. Our combined US and South American operating divisions offer the best of both worlds, a high growth engine in Argentina which grew revenue by 35% for the year is providing the annuity streams of tomorrow, combined with our US operations which are growing at a steady rate of 10% while already achieving the scale to generate consistent recurring cash flow that covers the operation's fixed cost, demonstrating further the power of building a sizable customer base."
The Company's cash position continued to improve throughout 2012. The Company increased its cash from operations by $1.71 million from the comparative period of 2011. The impact of this is greatly heightened when one considers the Company's accounts payable balance decreased 37% or $327,000 from 2011 to 2012. "We have been steadfast that the Company needs to operate off its own cash. We continue to do so as evidenced by: our improving cash position; our consistent payment to vendors; and the fact that we did not take any outside investment capital for the last nine months of 2012," commented Mr. Vicente.
Gross profit for the year increased by approximately $0.69 million or 20% to $4.20 million from the prior comparative period. With gross margin as a percentage of revenue up slightly, to 70%, the Company anticipates that through the growth and expansion of its cord blood business in conjunction with continuing efficiencies in its own facilities, direct costs should continue to decrease as a percentage of sales, and gross profits will continue to improve.
Administrative and selling expenses for the year ended December 31, 2012 decreased 17% to $5.63 million as compared to $6.75 million for the comparative period of 2011. The company continues to evaluate each dollar being spent, automating for economies of scale, and understands that incremental revenue growth needs to proportionately drive higher operational profits.
Mr. Vicente concluded, "The last half of 2012 provided measureable improvement across key indicators for revenue, expenses and operating profit. As we progress into 2013, we are focused on expanding our service offerings in the stem cell space, securing additional sales channels to market our services, and ensuring that our sales efforts meet the balance of the fiscal discipline required to continue to build the cash position of the Company, all key contributors to drive the future value for our shareholders."
About Cord Blood America
Cord Blood America, Inc. is the parent company of CorCell, Companies, Inc. which, along with Cord Blood America, Inc., facilitates umbilical cord blood stem cell preservation for expectant parents and their children. Collected through a safe and non-invasive process, cord blood stem cells offer a powerful and potentially life-saving resource for treating a growing number of ailments, including cancer, leukemia, blood, and immune disorders. To find out more about Cord Blood America, Inc. and CorCell Companies, Inc., visit our websites: http://www.cordblood-america.com/ for investor information and http://www.corcell.com/ for customer information.
First Liberty Power Fencemaker Operations Update
LAS VEGAS, April 24, 2013 /PRNewswire/ -- First Liberty Power Corp. (OTCQB: FLPC), an innovative and diversified mine exploration and development company focused on bringing to market "Mined in America" strategic industrial minerals, is pleased to announce a Pathways of Progress update on the Fencemaker mine preparation works.
This week, James Vogan, Director of Stockpile Reserves LLC (SRL), First Liberty Power's partner at Fencemaker, recommended to First Liberty that it use the Small Development Mine Corp (SDM) as the source for securing the existing mine adit and drift, and undertaking underground mining operations. SDM and SRL have finalized the timetable and costs, identified all necessary work requirements, and will coordinate with Nevada state regulatory bodies on all safety and other requirements to ensure full compliance. This represents another crucial step in the process as the company and its partner's ramp up to production.
Mr. Vogan added, "On Tuesday, the Stockpile Reserves personnel began the required Fencemaker mine site reclamation work, with site security protocols and practices to be implemented thereafter. Additionally, the team will finalize the implementation plan for the well water monitoring equipment and water management processes."
CEO Don Nicholson stated, "Further to the announcement last week in respect to the $500,000 funding, final legal review is underway, with closing and first funding to follow. Upon closing, we will provide additional details on the specific scheduling of remaining pre-operational work, and projected date for first ore extraction."
First Liberty Power will continue to use its Pathways of Progress program to inform and update on all operational advances on the mining and financial operations.
ABOUT FIRST LIBERTY POWER CORPORATION: First Liberty Power Corporation (OTCQB: FLPC) is an innovative and diversified mine exploration and development company focused on bringing to market "Mined in America" strategic industrial minerals. Our corporate philosophy is driven by a dedication to Pathways of Progress, our program of best corporate practices designed to drive us rapidly towards mine production & milling, to the greatest benefit of FLPC shareholders, investors and mining partners, while ensuring safety, environmental integrity, and good governance. Presently, FLPC has interests in four properties: the Fencemaker Antimony project in Nevada, the Lida Valley and Smoky Valley Lithium Brine projects in Nevada, and the San Juan Vanadium / Uranium project in Utah. www.firstlibertypower.com