Baristas Secures 1.7 Million in Media Funding From Media Funding Group
October 01 2013 - 12:59PM
Baristas Coffee Company Inc. (OTCPK:BCCI) ("The Company")
("Baristas"), a fast growing U.S. based beverage and branded
products company, has today announced that it has completed a
transaction with Media Funding Group (MFG) whereas MFG has invested
1.7 million dollars of media inventory specifically to be used for
national and local advertising including TV, Radio, Newspapers,
Magazines, Internet and Outdoor advertising placements.
The investment was in exchange for a combination of stock at a
premium to market.
Media Funding Group provides alternative finance and venture
capital funding for large scale national advertising campaigns
serving qualified retail distributed and direct response product
manufactures with the advertising investment needed to drive sales
and increase profitability.
Marc Hatch MFG CMO stated; "We strongly believe in the Baristas
brand and its management's ability to execute on the marketing of
its products. I have worked with Barry Henthorn on several
occasions over the years and have always been impressed with his
ability to achieve maximum impact with limited resources. We
are thrilled to have been able to provide this infusion and are
confident that it will have measurable results."
Barry Henthorn Baristas CEO stated; "The media will be utilized
to increase revenues by driving sales of our new products including
the Baristas Creations ice cream bars, drive traffic to our stands,
and promote our brand and Reality series. Media Funding Group
has provided us with the ability to support the launching of
products and new locations with a professional mainstream media
approach. Completing this transaction has secured our ability
to place media buys where and when we feel they are best utilized
to further our goals. The first TV commercials will begin running
in support of our Cape Coral Grand Opening this week."
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 can currently be
found in six greater Seattle area locations as well as in Arizona,
Texas, Florida, and Montana. Your state, Coming Soon! For more
information on this fascinating concept please visit us at
www.baristas.tv.
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