Baristas Coffee Company, Inc. (BCCI)

[MikeyInTheD]

Not according to the person who said this was going to the “dollars” soon - which I assumes more than 1 dollar since it was plural. So someone on the board was calling for this to exceed $2 last week. When people are calling shots like that you know it’s a pump and people have bought in to the scam.

With a little research you knew this wasn’t going to last more than a couple days. This company has pulled several of these scams over the past 7 years. Yes a few people made a lot of money if they timed the trade right, but a lot are under water now. This happens every time BCCI decides to run a scam. Ask the people who bought at .20 last time around when the company first introduced White Coffee and claimed they couldn’t produce it fast enough and keep it in stock on Amazon. It was at that point I did some work on the supply chain for Amazon and discovered they were “stocking” 5 boxes of White Coffee. That gave the impression White Coffee was so popular they couldn’t keep it in stock. But when you review the financials you don’t see a company that is selling inventory as fast as they can produce it.

This is a consumer packaged goods company. It never takes 2 years to get a product off the ground. Either it’s an instant hit or you need to pull it from the shelves. If you can only move $800 of product in the 7th quarter since introduction then you have a flop on your hands. All off a sudden there will be a groundswell of demand for a product that’s been available for two years? And the reviews are awful. I ordered a box when it was new two years ago, smelled it and threw the box away.