Baristas Coffee Company, Inc. (BCCI)

[tigerpac]

Our Munchie Magic subsidiary began generating revenues in
April 2020. For the 12-month period ended March 31, 2021, Munchie Magic generated approximately $144,000
of revenues and approximately $40,000 of gross margin. We are optimistic about the growth of this business.

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This is Barry speak IMO. Since MM operates like an auction business where they just take a % from the revenue generated, this means the website generated a total of $144,000 for other retailers (small convenience stores) of which $40,000 was MM's cut. From this point, all the expenses still need to be deducted.

So don't get fooled. A year of MM revenue was $40,000 ($3500 monthly). How many press releases were issued? At least a couple dozen.

Even my start up business has more revenue than MM without a single PR.