Replies to post #18385 on Baristas Coffee Company, Inc. (BCCI)

[BobSinCA]

Company has spoken to various individual stores being 'cash flow positive,' but that is quite different than being 'profitable.'

To meet that criterion, need to be paying back the depreciation on the equipment, covering any prepaid lease, insurance or other payments -- and funding their portion of corporate overhead.

The company has not spoken to individual store profitability, nor should they IMO.

And, as previously stated, corporate profitability will not be established until officers and vendors are paid in cash -- and, unlike 2011, all costs are recorded in quarterly statements, rather than a surprise end of year charge ($1.2M) for previously unrecorded liabilities which was more than revenues ($1.0M) for the entire year!!!