Baristas Coffee Company, Inc. (BCCI)

[BobSinCA]

A few comments about franchising history.

- In March of 2014, Baristas was touted as "Most Exciting New Franchise" in an advertising supplement in Inc. Magazine.

Since then, only a single franchise agreement was announced as signed, in May 2014, with BMOC -- for 8 states!! Unfortunately, per page 4 of the Amended Registration Statement FORM 10-12G/A filed Nov 13, 2014, that agreement was terminated.

However, there is an excuse for those thinking otherwise -- elsewhere in that same document, and the Q3 financials published a week LATER (???), the need to finance the agreement's activities was also discussed.

- Perhaps the new listing will have a more positive outcome.

However, it is worth noting that SW FL is the closest thing the company has to a franchise operation today -- a joint venture with a significant third party investor. Almost a year ago, a third store was announced to open in 'early Q2,' but so far it hasn't happened.