Replies to post #32971 on Baristas Coffee Company, Inc. (BCCI)

[BobSinCA]

Any insights as to why the operator of the two Cape Coral kiosks did not open the third one in Q2 14, as promised in a BCCI PR in Jan 14?

Long term investors need to see a successful business model; right now, despite BCCI's assertion of drive through expresso stands as a growing market, investors only have evidence of a company closing stores (two opened -- in Cape Coral -- and five closed over the last 18 months, if my arithmetic is right) and experiencing $0.63 in operating losses for every $1.00 in revenue -- with $0.30 in interest expense to add insult to injury.

Add to that a failed expansion foray (sports bar and 8 state master franchise agreement reported, but then canceled), a failed reality show, and failed ice cream -- there is certainly evidence of business development efforts, but not successful ones.