Baristas Welcomes Long Time Restaurateur Roger Stilson to the Board of Advisors and Oversight Committee
September 12 2013 - 6:22AM
Baristas Coffee Company, Inc. (Pink Sheets:BCCI) via Globenewswire
NASDAQ OMX worldwide news service announced today that Roger
Stilson has joined the Board of Advisors and Oversight Committee to
provide guidance and oversight for the purpose of moving to a
senior exchange. The Board serves as an independent third party
insuring compliance, fiduciary responsibility, and guidance
regarding allocation of resources and capital structure. It also
examines processes and procedures relating to controls and
financial modeling. The independent committee also will select
or recommend nominees for directors, and adopt a code of conduct
applicable to all directors, officers, and employees.
Stilson spent 21 years as a General Manager, Regional Manager,
Vice President-Operations and ultimately Executive Vice-President
Marketing on the senior management team at Restaurants Unlimited a
prestigious restaurant chain. Stilson was involved in concept
development, including the proliferation of Cinnabon®, Palomino and
the Kincaid's brands (including Palisade) prior to the sale of the
company in 2002. After leaving RUI, Stilson became a consumer
research analyst and associate with companies such as Global
Insight, Neilsen, NOP World and Claritas. Stilson provided research
and insight into consumer behaviors.
Ultimately, Stilson returned to his love of the casual
restaurant business by purchasing and re-positioning Mama
Stortini's and developing an emerging brand, Mama Stortini's
Restaurant and Bar – into a modern, go-anytime-order-anything
concept that pivots around Immigrant Southern Italian cuisine. His
company now has two restaurants in King and Pierce County, with
plans for two new units in 2014. He also earned a BA in English
literature from the University of Washington.
Roger Stilson stated: "I am impressed with
the team of individuals who are the driving force to Baristas
success to date and feel that the concept can evolve and grow very
quickly. There are many refinements that will allow Baristas to
streamline their supply chain, reduce cost and time of opening, as
well as increase their product offerings. I am pleased to be a part
of a business that is making such steady progress."
A. Michael Adams Committee Chairman
commented: "Roger brings a tremendous amount of
restaurant and chain expansion experience to Baristas. I believe
that his practical understanding of cost and supply structures
along with his long standing relationships within the industry will
prove invaluable in guiding the Company throughout its growth and
in their application to move to the NASDAQ Capital Market."
Barry Henthorn, Baristas CEO, stated: "The
addition of Roger to the committee is of particular importance due
to his history of developing and marketing successful restaurant
offerings. We now will be able to complete additional steps
required to meet the Corporate Governance Requirements of set forth
by the NASDAQ Capital Markets as our team nears the completion
of our Corporate Governance Certification, a major step in
complying with the NASDAQ listing standards."
About Baristas Coffee Company (BCCI):
Headquartered in the Seattle, Washington area, Baristas Coffee
Company, Inc. was formed to create a national brand of drive-thru
espresso stands. BCCI is accomplishing this by acquiring
established businesses that fit its model, opening new locations,
and by franchising. Baristas has separated itself from the
competition with its "theme" of joining attractive female baristas
in entertaining costumes preparing the finest beverages available
on the market. Baristas Coffee Company, Inc. is currently traded
publically under the symbol "BCCI:OTCPK". Baristas has made formal
application to the NASDAQ Capital Markets, and has been reserved
the symbol "BAPI" for trading once it has completed the
process. Baristas can currently be found throughout greater
Seattle as well as in Arizona, Florida, and Montana. Your state,
Coming Soon!
For more information on this fascinating concept please visit us
at www.baristas.tv
CONTACT: For Investor Relations Contact:
Barry Henthorn
barry@baristas.tv
(206)579-0222
Baristas Coffee (PK) (USOTC:BCCI)
Historical Stock Chart
From Mar 2024 to Apr 2024
Baristas Coffee (PK) (USOTC:BCCI)
Historical Stock Chart
From Apr 2023 to Apr 2024