Baristas Coffee Company, Inc. (BCCI)

[BobSinCA]

50% dilution is a 'done deal.' Consider:

- 300K common shares authorized and outstanding.

- 120M shares committed to the two principals, per written employment contracts signed March 1, 2015.

- 30M shares committed to conversion of the 30M preferred shares, most of which are O/S.

So: 120 + 30 = 150, 50% of 300M outstanding.

This will have a negative impact on PPS; indeed, one could argue that the stock might have moved up on the BMOC openings, but the April 15 10-K news of 40% dilution for the two principals might be what is keeping the pps down.

And beyond that, the company has a history of selling shares below market for cash, and providing them for services. Perhaps BMOC royalties will reduce that requirement, time will tell.