Baristas Coffee Company, Inc. (BCCI)

[BobSinCA]

.30/share means $100M valuation.

To me, hugely excessive for a company with revenues of slightly over $1M, with operating losses of $0.60 for every $1 in revenue (per most recent financials, Q3 14).

However, stock could move higher from current levels if the company were to publish its agreement with BMOC re: royalties, as certainly BMOC is investing substantial sums in the new format.

Though, hard to know what to think about BMOC and its business acumen; Mr. Henthorn is one heck of a salesman to have convinced Mr. Lehr that Baristas 'dominates' the western states. Heck, he has less than 10% market share in kiosks in his home market, SEA/TAC!! And, if we are to believe those who say that market is growing, BCCI share is shrinking as they have added no new stores in several years.