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Re: MrRadical post# 32310

Thursday, 07/31/2014 1:53:41 AM

Thursday, July 31, 2014 1:53:41 AM

Post# of 45244
Not sure which link you want, please advise:

Company's PR related to SW FL #3 opening in early Q2 2014 (from the press release tab at the corporate url):

http://baristas.tv/notes/baristas-florida-open-another-location-south-west-florida-joint-venture-partner-0

The PR related to the Knoxville sports bar to have a re-themed opening in July, 2014 can be found here:

https://finance.yahoo.com/news/baristas-open-costume-themed-sports-102200003.html

I am unable to explain why the company has elected not to post the Knoxville Sports Bar PR, and the one week earlier PR announcing an 8 state franchising agreement with BMOC (the JV partner for the sports bar) on the company website. Both announcements would seem to be good news for the company. Although, the financial statements state that BMOC received the franchising agreement in return for 51% of the sports bar -- which might not be a good deal for BCCI if the sports bar loses money, as it may have in the past based on multiple operators over the last three years.

Meanwhile, I can observe that BCCI doesn't keep all PRs on its website. For example, the October 1, 2013 PR announcing the media buy of $1.7M worth of advertising in return for an unstated amount of common and preferred stock cannot be found on its website.

But you can read a bit about it by going back to iHub postings of that time; I had one, 26761. And the following url contains a summary of the actual PR:

http://www.pr.com/press-release/519470