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Re: bcci post# 28178

Thursday, 04/10/2014 10:13:46 PM

Thursday, April 10, 2014 10:13:46 PM

Post# of 45244
Agree with

Providing accurate information is only right thing to do Baristas has more than 10 locations.

But, the BCCI url you presented shows only shows ten -- where are the others, and why do you think they aren't on the BCCI website?

With respect to

And not to forget the major ice cream distribution deal with calip dairies and Nestlé branch.

BCCI gave $500,000 worth of stock to Calip to begin ice cream distribution, how much revenue -- or more importantly, profit -- have they gotten from it?

Actually, it may not matter. They have certainly gotten a lot of publicity, and Mr. Henthorn is excellent at getting publicity, which pushes the stock.

For me, this stock is a great trading vehicle, but I have seen no evidence that it is a viable business. It shows profits only because many professional fees, and other costs such as ice cream distribution, have been paid by stock which has not been correctly recorded on the P&L - instead, over $7M on the balance sheet as 'unidentified...assets.' Additionally, management is not receiving salaries.