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Hey good morning ... GL here should be fun !!!
?$GVIT puts out News this morning adding Multiple Sales Geo Vision is aggressively pursuing a number of online sales channels, the three most notable are Amazon.com, Sears.com, and TheFind.com.
$GVIT looks like its going to be a good day here !!!!
Definitely worth watching this >>( $GVIT )
BCCI has shown it has a strong group of investors and its ready to expand to a bigger stag , its revenues have been improving on a quarterly basis for the last year or so, which has also led to increasing net profits...
BCCI has a great team here with a wonderful CORE group of LONG TERM investors. There is not a doubt in my mind that this company WILL SOON see HUGE growth 2013 will see huge profits just from the Ice Cream alone + much more to come ....$BCCI is a low-floater poised to take off soon! Anticipating many great things in the making! ...
All I could say is GL has lost his mind!!!!!!
Starbucks’ bid, when combined with an offer from an undisclosed bidder, totals about $10.56 million, said Hutson, who characterized the combined offers as “stand-alone bids.” The combined bid exceeds the $9.15 million Dempsey bid by about $1.4 million
BCCI's revenues have been improving on a quarterly basis for the last year or so, which has also led to increasing net profits..
So Yes BCCI they have very decent financials which get better and better and will continue to do so !!!!!
And the Fight For Tully's is not over yet ,, BCCI has a Great partner.....(Starbucks) says not so fast. The chain, which has 18,000 cafes worldwide, said in a statement that a final determination on the winning bid won't be made until a court hearing on Jan. 11.
Starbucks’ bid, when combined with an offer from an undisclosed bidder, totals about $10.56 million, said Hutson, who characterized the combined offers as “stand-alone bids.” The combined bid exceeds the $9.15 million Dempsey bid by about $1.4 million.
Possible tussle brewing over Tully's coffee
A scrum over the ownership of Tully’s Coffee could break out next week between an investor group led by TV actor Patrick Dempsey,
Starbucks Coffee Co. and possibly other bidders.
Another player with a seat at the table is Green Mountain Coffee Roasters, the company that in 2009 bought Tully’s wholesale business and brand. The Vermont company could be a strong advocate for Dempsey’s group.
Late Thursday, Tully’s board of directors declared Dempsey’s group the winning bidder for the bankrupt coffee shop chain. Dempsey’s group, Global Baristas, offered about $9.15 million for the Seattle-based company.
But the sale still has to be approved by the U.S. Bankruptcy Court in Seattle, which is expected to rule on the deal Jan. 11. Until then, one or more other bidders could overcome Dempsey’s bid.
Starbucks, one of the failed bidders, could join forces with another bidder and challenge Dempsey’s deal, according to a person familiar with the discussions.
Starbucks spokesman Zack Hutson said the company was "evaluating its options."
Starbucks wants only a portion of the Tully’s retail chain — 25 stores, including 12 in Boeing locations — with another bidder taking the remainder, Hutson said.
Tully’s operation includes 47 company-owned stores and 71 stores owned by franchisees or licensees.
Starbucks’ bid, when combined with an offer from an undisclosed bidder, totals about $10.56 million, said Hutson, who characterized the combined offers as “stand-alone bids.” The combined bid exceeds the $9.15 million Dempsey bid by about $1.4 million.
Both offers would allow Tully’s to fully repay its secured and unsecured creditors.
The Fun is only just beginning!!!!
BCCI Starbucks Corp. is heading into the scrum over Tully’s Coffee, tussling with actor Patrick Dempsey and “breastaurant” style Baristas Coffee Co. to win control of the bankrupt chain.
It’s a true Seattle battle: Starbucks, Tully’s and Baristas are all based in the Washington city. Dempsey’s McDreamy character on the television show “Grey’s Anatomy” is based there.
Starbucks confirmed Thursday that it is participating in an auction for Tully’s but declined to say more, saying it was “respecting the Seattle Bankruptcy Court’s request for confidentiality.”
Tully’s parent company, TC Global Inc., filed for Chapter 11 bankruptcy in October, citing struggles with profitability. The company owns 47 stores in Washington and California and has closed at least 19 since the bankruptcy filing.
Last week, Dempsey announced his interest in Tully’s, presenting his bid as a job-saving tactic for Seattle.
Earlier in December, Baristas – often dubbed the “Hooters of Coffee” for its provocatively dressed female employees – offered $10.4 million for the chain in a court filing. Baristas owns six Seattle-area coffee drive-throughs as well as stops in Arizona, Texas, Florida and Montana.
TC Global entered into a “stalking horse” agreement with Colorado private equity firm Kachi Partners in late November.
ALSO: Sorry I ran out of posts the video is on CNBC web site
BCCI Starbucks Corp. is heading into the scrum over Tully’s Coffee, tussling with actor Patrick Dempsey and “breastaurant” style Baristas Coffee Co. to win control of the bankrupt chain.
It’s a true Seattle battle: Starbucks, Tully’s and Baristas are all based in the Washington city. Dempsey’s McDreamy character on the television show “Grey’s Anatomy” is based there.
Starbucks confirmed Thursday that it is participating in an auction for Tully’s but declined to say more, saying it was “respecting the Seattle Bankruptcy Court’s request for confidentiality.”
Tully’s parent company, TC Global Inc., filed for Chapter 11 bankruptcy in October, citing struggles with profitability. The company owns 47 stores in Washington and California and has closed at least 19 since the bankruptcy filing.
Last week, Dempsey announced his interest in Tully’s, presenting his bid as a job-saving tactic for Seattle.
Earlier in December, Baristas – often dubbed the “Hooters of Coffee” for its provocatively dressed female employees – offered $10.4 million for the chain in a court filing. Baristas owns six Seattle-area coffee drive-throughs as well as stops in Arizona, Texas, Florida and Montana.
TC Global entered into a “stalking horse” agreement with Colorado private equity firm Kachi Partners in late November.
http://touch.latimes.com/#section/-1/article/p2p-73896283/
It was today on CNBC
GO BCCI
I Agree ... :D
GLTA GO BCCI
Whats up Newt ,, Happy New Year !!!!
$BCCI MOMO BUILDING! NICE VOLUME LATELY, SOMETHING BREWING!!
BCCI MOMO BUILDING! NICE VOLUME LATELY, SOMETHING BREWING?
BCCI She's BREAKING !!!
BCCI "IS" seen on CNBC as a major news segment .
BCCI "IS" seen on CNBC as a major news segment .
I agree.... GO BCCI !!!!
The story of Tully's
Whats Important Is $BCCI has a very strong group for the Tully's Bid .. BCCI is very much in the running ;)!!!
$BCCI has a very strong group for the Tully's Bid Under a Different Name BCCI is very much in the running ;)!!!
There to much misinformation out there !!!!
GLTA GP BCCI
No One Is spinning Just letting know $BCCI has a very strong group for the Tully's Bid Under a Different Name BCCI is very much in the running ;)!!!
There to much misinformation out there !!!!
GLTA GP BCCI
The only thing BCCI will not be able to bid is with stock for the shareholders. The cash portions more than quailified. BCCI is very much in the running.. ;)
GLTA
BCCI has a very strong group for the Tully's Bid !!!
BCCI will be at the auction 100%. There is to much misinformation out there.
Like I sad,, This is going to get very Interesting,, dont pay any attention to the negative opinions !!!!
Happy New Year Gangnam Style!!!2013 is going to be amazing!
WE" have A CEO Mr.James Hodge
And we have tha Lunatic GL with his Enablers that are trying to do everything possible for shareholders to lose there money.. !!!
Agreed .. Happy New Year Doc .!!!!!
THAT'S NOT A COMMERCIAL THAT'S JUST A TEASER....