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Saturday, March 15, 2014 4:26:48 PM
1. Baristas Kicks Off National Franchise Marketing Including Forbes, USA Today, NY Times, CNBC, Bus. News Journal, Entrepreneur,... *Rather legit publications/TV etc
2. The article itself states that they have registered/filed withn over 50% of the country.
3, Had 1.7M a loted as of EOY for marketing efforts as of the end of Dec 2013. That is a major campaign for a tiny fledgling company
4. If you look at when they filed in NY state it was Apl 13 2013 so nearly 1 year ago the filing was made. Junk stocks seldom plan that well in advance it usually is not 9 or 10Months of prior planing. jmho
5.This is the reference to that filing NOTE the date. Here is the article for NY Filing Apl 2 2013
http://finance.yahoo.com/news/baristas-files-york-franchise-documents-133700694.html
So this is either very well orchestrate, with good longer term d prior planning, or it is legit. It has 6 locations now in 4 states I believe WA, AZ, TX, Montana, FLA, it will be interesting to see if that # doubles in 6mos, if so the visibility will be huge and the SP will not be .10 jmho
This traded huge volume and went from my entry of .037 to .20 and then on that day fell back to rest at 10-12 3-4 times what it had been the week before. So flippers took profits and reentered to some degree while some flippers are on the sidelines waiting but watching.
Now Technically a good Fib retrace from .20 to current levels we shall see what tomorrow brings.
BOL to all
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