Baristas Coffee Company, Inc. (BCCI)

[BobSinCA]

Old BMOC/BCCI Agreement perhaps a moot point.

But, data is as follows:

1. The Form 10/12G filed in July had an Exhibit 10-1, a single document signed 20 May 2014 between BMOC and BCCI, entitled 'Binding Letter of Agreement/Joint Venture.' There were two subjects in the agreement, the proposed Pavilion 117 sports bar project, and an 8 state franchise agreement.

For completeness, two of the requirements of the franchise agreement were that BMOC would

- As payment for the 8 state territory, initiate a $25K/month national advertising campaign for franchises within two months of signing (e.g., July 2014), and half-page ads in Inc magazine was the baseline offered (other media could be substituted by mutual agreement); and

- Put in place the first franchise by October, 2014 or pay $5K per month.

2. Page 4 of the revised Form 10/12G filed in November, 2014 said

The parties mutually agreed to not pursue this agreement with BMOC, and neither party has any further obligations as of the date of this filing.

This page referenced both the sports bar and the franchise components as not being pursued.

Obviously, a subsequent agreement has been made between BMOC and BCCCI; I am a bit surprised that another revision of the Form 10/12G has not been filed, with the new agreement. Perhaps this will happen as part of the 10-K filing due in April, note that the last revision was published at about the same time as the Q3 10-Q.