Killinit272
2 years ago
Baristas "MiniBar Magic" Begins Hard Alcohol Delivery to Homes Partnering with DoorDash from Virtual Liquor Store
SEATTLE, WA / ACCESSWIRE / February 1, 2022 / Baristas Coffee Company/Munchie Magic dba MiniBar Magic (OTC PINK:BCCI) announced that its Virtual Liquor store MiniBar Magic has begun delivering hard alcohol, beer, wine, and snacks to homes through a partnership with DoorDash.
Baristas also owns and operates “Munchie Magic” a national Virtual Restaurant that delivers Ben & Jerrys Ice Cream, snacks, beer, and wine and has tested delivery of hard alcohol. Whereas Munchie Magic is categorized as a restaurant or convenience store, catering to late-night customers who are craving Ice Cream and snacks, many customers added beer, wine, and even hard alcohol when they realized it was available.
MiniBar Magics’ primary customer is one who is seeking alcohol first and is categorized as such.
Barry Henthorn, CEO, stated: “We have seen very strong success with our Munchie Magic restaurants. Once we added some alcohol options on the menu, we began to see a strong uptick in orders for alcohol from customers who traditionally order ice cream and snacks. Now that MiniBar Magic has launched our initial locations, we are reaching customers who are primarily looking to purchase alcohol yet would prefer to have it delivered rather than to drive or take other transportation. We will continue to rapidly expand our MiniBar Magic Locations throughout the US in states that permit alcohol delivery.”
Baristas recently expanded its technology/software license and development agreement with its primary technology and media partner ReelTime Media (OTC PINK:RLTR) beyond Munchie Magic/MiniBar Magic to feature Thai Dah, a virtual restaurant platform for Thai restaurants. The licensing agreement allows Thai Dah to have rights to utilize the global perpetual technology license and methodologies developed by ReelTime that allow the virtual restaurants to integrate with its partners, onboarding, marketing, and administrative functions.
In exchange for the global perpetual exclusive license from ReelTime for the Munchie Magic/MiniBar Magic, and Thai Dah concepts and derivative Virtual Restaurants, ReelTime receives a per transaction license fee of $.35 in perpetuity in conjunction with the terms of the agreement beginning on August 11th, 2021.
The media buys and other cutting-edge marketing for the Munchie Magic virtual restaurants designed to deliver Ben and Jerry’s ice cream, Baristas Coffee products, and other munchies to homes and businesses throughout America are made possible and are being created via digital media frontrunner ReelTime Media www.reeltime.com whose capabilities are redefining how companies are evaluating and purchasing their TV, radio, print, and other new digital media.
AveragePenny
3 years ago
$BCCI Baristas "Thai Dah" to Open Third Location in November Servicing Communities and Hotels around Sea-Tac Airport
https://www.accesswire.com/673586/baristas-thai-dah-to-open-third-location-in-november-servicing-communities-and-hotels-around-sea-tac-airport
SEATTLE, WA / ACCESSWIRE / November 18, 2021 / Baristas Coffee Company/Munchie Magic dba Thai Dah (OTC PINK:BCCI) announced that it is opening its third location located just outside of Seattle International airport.
Seattle-Tacoma International Airport, also referred to as Sea-Tac, is the primary commercial airport serving the Seattle metropolitan area in the U.S. state of Washington. It is in the city of SeaTac, approximately 14 miles south of Downtown Seattle and 18 miles north-northeast of Downtown Tacoma. It is the primary hub for Alaska Airlines, whose headquarters are near the airport. It is also a hub and international gateway for Delta Air Lines, which has expanded at the airport since 2011. Thirty-four airlines serve 91 non-stop domestic and 28 international destinations.
Barry Henthorn, CEO, stated: "The Thai Dah virtual restaurant will now be able to service Everett, Sea-Tac, and Tacoma along the I-5 corridor. We expect to open additional locations that will fill in the areas in between as well as expanding further. The hotels and residences surrounding the airport should make this a very good location for the new restaurant. Thai-Dah is being very well received by both our restaurant partners and customers alike."
Thai Dah is led by international Thai superstar Front Montgomery. Named "The Most Beautiful Woman of All Time" www.mostbeautifulwomenintheworld.com, Front Montgomery became one of Asia's top all-time supermodels in the 80s emerging into one of the most recognized and beloved actresses and spokeswomen. Front is a Thai American international supermodel, businesswoman, and 'A List' actress with countless roles in television, theater, and movies. She has also been the face and body for worldwide brands such as Coca-Cola, Wimbledon, Ponds, Wacoal, and Benetton, among others. She has appeared in over 100 Television series and specials as an actress or celebrity over the past 20 years. Front has been featured on the cover of countless magazines, profile publications and theatrical release films.
Thai Dah provides Thai cuisine prepared and packaged by our Thai restaurant partners, delivered to our customers by our delivery partners Uber Eats, Grub Hub, and Door Dash. Thai Dah provides all the technology, marketing, advertising, and industry knowledge. Restaurant partners use only one integrated tablet for all our delivery partners as well as for all their existing or future delivery partners at no additional cost. We provide the tablet and training; all restaurant partners need to do is be ready to sell what they already prepare in their restaurant!
Baristas recently expanded its technology/software license and development agreement with its primary technology and media partner ReelTime Media (OTC PINK:RLTR) beyond Munchie Magic/MiniBar Magic to feature Thai Dah, a virtual restaurant platform for Thai restaurants. The licensing agreement allows Thai Dah to have rights to utilize the global perpetual technology license and methodologies developed by ReelTime that allow the virtual restaurants to integrate with its partners, onboarding, marketing, and administrative functions.
Baristas "Munchie Magic" has opened more than 50 locations in the past twelve months in 10 states delivering Ben & Jerry's ice cream, snacks, beer, wine, hard alcohol, and hot foods to customers via delivery partners DoorDash, GrubHub, and Uber Eats. www.baristas.tvwww.munchiemagic.com.
In exchange for the global perpetual exclusive license from ReelTime for the Munchie Magic/MiniBar Magic, and Thai Dah concepts and derivative Virtual Restaurants, ReelTime receives a per transaction license fee of $.35 in perpetuity in conjunction with the terms of the agreement beginning on August 11th, 2021.
ReelTime maintains all rights and derivative works for non-Munchie Magic, MiniBar Magic, and Thai Dah applications.
The media buys, integration, technology development, IP, and other cutting edge marketing for the virtual restaurants are made possible and are being created via digital media/technology frontrunner ReelTime Media (OTC PINK:RLTR) www.reeltime.com. The integration consolidates and analyses data from the delivery partners DoorDash, Uber Eats, and GrubHub along with sales, cost information, and pertinent demographics from Munchie Magic/Thai Dah' Pick up Partners. ReelTime Media's capabilities are redefining how companies are evaluating and purchasing their TV, radio, print, and other new digital media
AveragePenny
3 years ago
$BCCI $RLTR Baristas "Thai Dah" to Open Second Location in November Servicing Military Families Surrounding Joint Base Lewis McChord (JBLM)
https://www.accesswire.com/672348/baristas-thai-dah-to-open-second-location-in-november-servicing-military-families-surrounding-joint-base-lewis-mcchord-jblm
SEATTLE, WA / ACCESSWIRE / November 11, 2021 / Baristas Coffee Company/Munchie Magic dba Thai Dah (OTC PINK:BCCI) announced that it is opening its second location located just outside of Joint Base Lewis- McChord (JBLM) delivering Thai food to those who live and work in and around the base.
Joint Base Lewis-McChord (JBLM) is a U.S. military installation home to I Corps and 62d Airlift Wing located 9.1 miles (14.6 km) south-southwest of Tacoma, Washington under the jurisdiction of the United States Army Joint Base Headquarters, Joint Base Lewis-McChord. The facility is an amalgamation the United States Army's Fort Lewis and the United States Air Force's McChord Air Force Base which merged on 1 February 2010 into a Joint Base.
Joint Base Lewis-McChord is a training and mobilization center for all services and is the only Army power projection base west of the Rocky Mountains in the Continental United States. Its geographic location provides rapid access to the deepwater ports of Tacoma, Olympia, and Seattle for deploying equipment. Units can be deployed from McChord Feild, and individuals and small groups can also use nearby Sea-Tac Airport. The strategic location of the base provides Air Force units with the ability to conduct combat and humanitarian airlift with the C-17 Globemaster III.
Barry Henthorn, CEO, stated: "Opening a second Thai Dah location in November based on our recent success signifies that the Thai Dah Virtual restaurant is ready for and has begun its expansion. It is especially rewarding that we will be serving quality Thai cuisine to those who work in and support the military. We very much appreciate the opportunities and freedoms that they provide us."
Thai Dah is led by international Thai superstar Front Montgomery. Named "The Most Beautiful Woman of All Time" www.mostbeautifulwomenintheworld.com, Front Montgomery became one of Asia's top all-time supermodels in the 80s emerging into one of the most recognized and beloved actresses and spokeswomen. Front is a Thai American international supermodel, businesswoman, and 'A List' actress with countless roles in television, theater, and movies. She has also been the face and body for worldwide brands such as Coca-Cola, Wimbledon, Ponds, Wacoal, and Benetton, among others. She has appeared in over 100 Television series and specials as an actress or celebrity over the past 20 years. Front has been featured on the cover of countless magazines, profile publications and theatrical release films.
Thai Dah provides Thai cuisine prepared and packaged by our Thai restaurant partners, delivered to our customers by our delivery partners Uber Eats, Grub Hub, and Door Dash. Thai Dah provides all the technology, marketing, advertising, and industry knowledge. Restaurant partners use only one integrated tablet for all our delivery partners as well as for all their existing or future delivery partners at no additional cost. We provide the tablet and training; all restaurant partners need to do is be ready to sell what they already prepare in their restaurant!
Baristas recently expanded its technology/software license and development agreement with its primary technology and media partner ReelTime Media (OTC PINK:RLTR) beyond Munchie Magic/MiniBar Magic to feature Thai Dah, a virtual restaurant platform for Thai restaurants. The licensing agreement allows Thai Dah to have rights to utilize the global perpetual technology license and methodologies developed by ReelTime that allow the virtual restaurants to integrate with its partners, onboarding, marketing, and administrative functions.
Baristas "Munchie Magic" has opened more than 50 locations in the past twelve months in 10 states delivering Ben & Jerry's ice cream, snacks, beer, wine, hard alcohol, and hot foods to customers via delivery partners DoorDash, GrubHub, and Uber Eats. www.baristas.tv www.munchiemagic.com.
In exchange for the global perpetual exclusive license from ReelTime for the Munchie Magic/MiniBar Magic, and Thai Dah concepts and derivative Virtual Restaurants, ReelTime receives a per transaction license fee of $.35 in perpetuity in conjunction with the terms of the agreement beginning on August 11th, 2021.
ReelTime maintains all rights and derivative works for non-Munchie Magic, MiniBar Magic, and Thai Dah applications.
The media buys, integration, technology development, IP, and other cutting edge marketing for the virtual restaurants are made possible and are being created via digital media/technology frontrunner ReelTime Media (OTC PINK:RLTR) www.reeltime.com. The integration consolidates and analyses data from the delivery partners DoorDash, Uber Eats, and GrubHub along with sales, cost information, and pertinent demographics from Munchie Magic/Thai Dah' Pick up Partners. ReelTime Media's capabilities are redefining how companies are evaluating and purchasing their TV, radio, print, and other new digital media.
AskMuncher
3 years ago
$BCCI ReelTime Revenues Increase From Technology License with Rapidly Expanding Virtual Restaurant Munchie Magic
Press Release | 10/07/2021
SEATTLE, WA / ACCESSWIRE / October 7, 2021 / ReelTime VR/ReelTime Media (OTC PINK:RLTR) announced that its revenues from its technology license with Munchie Magic has increased as the virtual restaurant continues to expand.
Barry Henthorn - CEO stated, "The growth of virtual restaurants such as Baristas Munchie Magic does not show any signs of slowing down. ReelTime continues to refine its virtual restaurant technology allowing it to accommodate additional concepts and broader analytics."
ReelTime recently expanded its technology/software license and development agreement with virtual restaurant pioneer Baristas (OTC:BCCI) beyond Munchie Magic/MiniBar Magic to feature Thai - Dah, a virtual restaurant platform for Thai restaurants. The licensing agreement allows Thai Dah to have rights to utilize the global perpetual technology license and methodologies developed by ReelTime that allow the virtual restaurants to integrate with partners, onboarding, marketing, and administrative functions.
Baristas "Munchie Magic" has opened more than 50 locations in the past twelve months in 10 states delivering Ben & Jerry's ice cream, snacks, beer, wine, hard alcohol, and hot foods to customers via delivery partners DoorDash, GrubHub, and Uber Eats. www.baristas.tv www.munchiemagic.com .
In exchange for the global perpetual exclusive license from ReelTime for the Munchie Magic/MiniBar Magic, and Thai Dah concepts and derivative Virtual Restaurants, ReelTime receives a per transaction license fee of $.35 in perpetuity in conjunction with the terms of the agreement.
ReelTime maintains all rights and derivative works for non-Munchie Magic, MiniBar Magic, and Thai Dah applications.
In other News:
NCAA Division 1 Football Added to ReelTime Media Sports Network Providing Placement Coverage in Televised Games and at All Stadiums During Games
ReelTime Media ads NFL to its Sports Network Providing Placement Coverage in Every NFL Game and at All NFL Stadiums During Games
ReelTime TV Now Live on Android TV to 80 Million Monthly Active Devices Exceeding 200 Million Potential Viewers on ReelTime TV Network
ReelTime's CEO Pledges Personal Shares and Vows to Reduce Potential Dilution by More than 50% in Debt Reduction Plan Leading to Uplist
LoudMouth News to Join ReelTime TVs Fall Lineup Expanding Beyond Radio While Broadening its Subjects to Over 150 Million Potential Viewers
ReelTime's Dilution Reduced by 20 Million Arising From Negotiated Settlement in Their Favor
ReelTime to Launch Roku Channel ReelTime TV to 51.2 Million Monthly Active Users, Expanding Content Distribution and Advertising Revenues Using Technology
ReelTime Media reached a technology/software license and development agreement with Baristas (OTC:BCCI) 'Munchie Magic.' The licensing agreement secures Munchie Magic global perpetual, exclusive access to use the technology and methodologies developed by ReelTime that allow the virtual restaurants to integrate with its partners, onboarding, marketing, and administrative functions for use with the Munchie Magic Virtual Restaurant or other convenience store delivery concepts.
About ReelTime Rentals, Inc. d/b/a ReelTime Media: www.reeltime.com is a publicly-traded company based in Seattle, WA (OTCPK:RLTR). ReelTime Media provides end-to-end production capabilities and discount media purchasing that is redefining how companies are evaluating and purchasing their TV, radio, print, and other new media. ReelTime is also is in the business of developing, producing and distributing Virtual Reality Content and technologies. We have an end to end production, editing, and distribution capabilities for internal and external projects. ReelTime Currently produces three ongoing series for the Samsung Gear VR platform and distributes them over numerous VR delivery portals, including Gear VR, Oculus, Veer VR, HTC Vive, YouTube 360, Facebook, and others. ReelTime Media also publishes the book 'It Was Always Me! Edward Edwards, the Most Prolific Serial Killer of All Time,' which has been the subject of a cover story on People Magazine, Rolling Stone, In Touch, and a six-part series on Paramount network, www.itwasalwaysme.com.
CONTACT:
Barry Henthorn
ceo@reeltime.com
SOURCE: ReelTime Rentals Inc.
View source version on accesswire.com:
https://www.accesswire.com/667192/ReelTime-Revenues-Increase-From-Technology-License-with-Rapidly-Expanding-Virtual-Restaurant-Munchie-Magic
AveragePenny
3 years ago
$BCCI $RLTR Baristas "Munchie Magic" Revenues Reach Record Highs in August and 6 More Locations Open Furthering Expansion
https://www.accesswire.com/662964/baristas-munchie-magic-revenues-reach-record-highs-in-august-and-6-more-locations-open-furthering-expansion
SEATTLE, WA / ACCESSWIRE / September 7, 2021 / Baristas Coffee Company/Munchie Magic (OTC PINK:BCCI) announced that its revenues in August from its Munchie Magic restaurant delivering Ben & Jerry's ice cream, beer, wine, hard alcohol, and other snacks has reached an all-time high.
August's revenues surpassed the previous record set in March 2021 by nearly 8% and more than doubled from the same period in 2020. The record revenues are due largely to additional sales of alcohol, yet ice cream remains the No. 1 selling product.
During the Month of August Munchie Magic opened 6 additional locations and expects to open 5 more during September.
Barry Henthorn, CEO, stated: "We are seeing an increase in repeat business as well as record new customers from our top locations. There is no doubt that the addition of alcohol has made an impact however our top location continues to grow by increasing its ice cream and late-night snack sales and does not yet offer alcohol. Early numbers indicate that September may be even better."
Baristas recently expanded its technology/software license and development agreement with its primary technology and media partner ReelTime Media (OTC:RLTR) beyond Munchie Magic/MiniBar Magic to feature https://resy.com/i/ZAdtB8AlUFB Dah, a virtual restaurant platform for Thai restaurants. The licensing agreement allows Thai Dah to have rights to utilize the global perpetual technology license and methodologies developed by ReelTime that allow the virtual restaurants to integrate with its partners, onboarding, marketing, and administrative functions.
Baristas "Munchie Magic" has opened more than 50 locations in the past twelve months in 10 states delivering Ben & Jerry's ice cream, snacks, beer, wine, hard alcohol, and hot foods to customers via delivery partners DoorDash, GrubHub, and Uber Eats. www.baristas.tv www.munchiemagic.com.
In exchange for the global perpetual exclusive license from ReelTime for the Munchie Magic/MiniBar Magic, and Thai Dah concepts and derivative Virtual Restaurants, ReelTime receives a per transaction license fee of $.35 in perpetuity in conjunction with the terms of the agreement beginning on August 11th, 2021.
ReelTime maintains all rights and derivative works for non-Munchie Magic, MiniBar Magic, and Thai Dah applications.
The media buys, integration, technology development, IP, and other cutting edge marketing for the virtual restaurants are made possible and are being created via digital media/technology frontrunner ReelTime Media (OTC:RLTR) www.reeltime.com. The integration consolidates and analyses data from the delivery partners DoorDash, Uber Eats, and GrubHub along with sales, cost information, and pertinent demographics from Munchie Magic/Thai Dah' Pick up Partners. ReelTime Media's capabilities are redefining how companies are evaluating and purchasing their TV, radio, print, and other new digital media.
AveragePenny
3 years ago
$BCCI $RLTR Baristas "Thai Dah" Signs Superstar Front Montgomery as Spokesperson for the National Virtual Thai Restaurant
https://www.accesswire.com/660281/baristas-thai-dah-signs-superstar-front-montgomery-as-spokesperson-for-the-national-virtual-thai-restaurant
SEATTLE, WA / ACCESSWIRE / August 18, 2021 / Baristas Coffee Company/Munchie Magic (OTC:BCCI) dba "Thai Dah" its virtual Thai restaurant has signed international supermodel/actress Front Montgomery www.frontmontgomery.com as the spokesperson for the virtual Thai restaurant.
Named "The Most Beautiful Woman of All Time" www.mostbeautifulwomenintheworld.com, Front Montgomery has long defined the quintessential standard for Asian beauty. Her light skin and sharp features defined a new standard from the time she became one of Asia's top all time supermodels in the 80s emerging into one of the most recognized and beloved actresses and spokeswomen. Front is a Thai-American international supermodel, businesswoman, and 'A List' actress with countless roles in television, theater, and movies. A true super star! Beginning her career as a top runway model, she has also been the face and body for worldwide brands such as Coca-Cola, Wimbledon, Ponds, Wacoal, and Benetton, among others. She has appeared in over 100 Television series and specials as an actress or celebrity over the past 20 years. Front has been featured on the cover of countless magazines, profile publications and theatrical release films. Front moved to the United States in 2011 with her daughter Leonie Montgomery (now 20). Front Montgomery continues to be one of the most heralded beauties of all time. She continues setting new expectations of agelessness, garnering continued emulation by upcoming models, and is respected as a strong independent woman.
Barry Henthorn, CEO, stated: 'We could not ask for a better spokesperson for Thai Dah than Front Montgomery. Her adoration in Thai culture and endless connections in the Thai restaurant business and American-Thai communities in general have already opened many opportunities that simply without her would not be possible. Having worked with her previously we are aware of here relentless work ethic an d vibrant approach to all she does. Front has and will continue to catapult Thai Dah "
Front Montgomery exclaimed: "Having worked in Thai restaurants extensively when I first came to the US, I understand the processes and challenges required to run a successful Thai restaurant. Given the challenges faced from the pandemic and the shift to more to-go and app-based delivery, now more than ever restaurants must focus on expanding their delivery business. We have developed Thai Dah specifically to address the evolution of the industry specifically tailored to the tight Thai community."
"THAI-DAH" provides Thai cuisine prepared and packaged by our Thai restaurant partners, delivered to our customers by our delivery partners Uber Eats, Grub Hub, and Door Dash. Thai Dah provides all the technology, marketing, advertising, and industry knowledge. Restaurant partners use only one integrated tablet for all our delivery partners as well as for all their existing or future delivery partners at no addition al cost. We provide the tablet and training; all restaurant partners need to do is be ready to sell what they already prepare in their restaurant!
Thai Dah focuses on the delivery of the most popular Thai menu items: curry, pad Thai, fried rice, and more. With over 5,000 Thai restaurants in the United States and over $6 billion in annual sales, there is tremendous opportunity for growth within this delivery market.
Baristas expanded its technology/software license and development agreement with its primary technology and media partner ReelTime Media (OTC:RLTR) to feature Thai Dah, a virtual restaurant platform for Thai restaurants. The licensing agreement allows Thai Dah to have rights to utilize the global perpetual technology license and methodologies developed by ReelTime that allow the virtual restaurants to integrate with its partners, onboarding, marketing, and administrative functions.
Baristas 'Munchie Magic' has opened more than 50 locations in the past twelve months delivering Ben & Jerry's ice cream, snacks, beer, wine, hard alcohol, and hot foods to customers via delivery partners DoorDash, GrubHub, and Uber Eats. www.baristas.tvwww.munchiemagic.com in now in 10 states.
In exchange for the global perpetual exclusive license from ReelTime for the Thai Dah concept and convenience store derivative Virtual Restaurants, ReelTime will receive a per transaction license fee of $.35 in perpetuity in conjunction with the terms of the agreement beginning on August 11th, 2021.
ReelTime will continue to develop and support Thai Dah on an ongoing basis under their current work for hire agreement. ReelTime maintains all rights and derivative works for non-Thai Dah or convenience store applications.
The media buys, integration, technology development, IP, and other cutting edge marketing for the Thai Dah virtual restaurants are made possible and are being created via digital media/technology frontrunner ReelTime Media (OTC PINK:RLTR) www.reeltime.com. The integration consolidates and analyses data from the delivery partners DoorDash, Uber Eats, and GrubHub along with sales, cost information, and pertinent demographics from Thai Dah' Pick up Partners. ReelTime Media's capabilities are redefining how companies are evaluating and purchasing their TV, radio, print, and other new digital media.
AveragePenny
3 years ago
$RLTR $BCCI ReelTime Expands Global Exclusive Perpetual Technology License to Baristas Thai Dah Securing Ongoing Revenues
https://www.accesswire.com/659480/reeltime-expands-global-exclusive-perpetual-technology-license-to-baristas-thai-dah-securing-ongoing-revenues
SEATTLE, WA / ACCESSWIRE / August 12, 2021 / ReelTime Media (OTC PINK:RLTR) www.reeltime.com has reached a technology/software license and development agreement with Baristas (OTC PINK:BCCI) 'Thai Dah'. The licensing agreement secures Thai Dah global perpetual exclusive access to use the technology and methodologies developed by ReelTime that allow the virtual restaurants to integrate with its partners, onboarding, marketing, and administrative functions for use with the Thai Dah Virtual Restaurant or other convenience store delivery concepts. The agreement also allows for Thai Dah to develop in concert with ReelTime or independently, derivatives and/or stand-alone methodologies.
In exchange for the global perpetual exclusive license from ReelTime for the Thai Dah concept and convenience store derivative Virtual Restaurants, ReelTime will receive a per transaction license fee of $.35 in perpetuity in conjunction with the terms of the agreement beginning on August 11th, 2021.
Baristas 'Munchie Magic' has opened more than 50 locations in the past nine months delivering Ben & Jerry's ice cream, snacks, and hot foods to customers via delivery partners DoorDash, GrubHub, and Uber Eats. www.munchiemagic.com is now in 10 states.
Barry Henthorn, CEO, stated: 'The impressive potential of ReelTime's scalable foundation has now been confirmed with the expansion of Thai Dah. The swift growth seen in Munchie Magic excites us about Thai Dah's future and the option of further expansion as well. ReelTime has a stake in the success in Thai Dah while giving them the confidence that we will remain an active partner. It aligns both companies to support and grow the businesses in tandem.'
ReelTime has formally submitted an application as a Seasoned Company Seeking to Transfer Equity and/or Debt Securities from Another U.S. Exchange to be listed on the NASDAQ Capital Market Exchange. The application has been logged in the NASDAQ Listing Center, all applicable fees have been paid, and a listing analyst has been assigned to ReelTime to assist throughout the process. In addition, the request for a new symbol (NASDAQ:RT) to be reserved for ReelTime to trade under once the Company has met all quantitative and qualitative criteria, including certain corporate governance requirements has been approved.
ReelTime will continue to submit additional information and documentation as it is required based on comments from its assigned Listing Analyst and others at NASDAQ who will be assisting ReelTime, assuring that they satisfy all the required qualifications for NASDAQ Capital Markets securities in Rule 4300 and or any other applicable regulatory requirements. ReelTime will also need to adhere to the corporate governance standards set by NASDAQ. In addition, ReelTime must comply with NASDAQ's requirements relating to audit committees, the director nomination's process, the compensation of officers, board composition, executive sessions, quorum, and code of conduct among others.
ReelTime will continue to trade on the OTC Markets under the symbol (OTC:RLTR) throughout the process and up until the move to the NASDAQ Capital Market becomes effective at which time the ticker symbol will become (NASDAQ:RT).
The NASDAQ Capital Market provides companies the required capital in order to grow their business. The NASDAQ Capital Market also provides a listing venue that promises to accommodate the different stages of corporate lives of the companies. All companies that are listed on NASDAQ Capital Market need to satisfy all the required qualifications for NASDAQ securities in Rule 4300. The companies also need to adhere to the corporate governance standards set by NASDAQ.
tigerpac
3 years ago
Barry finally posts information about Munchie Magic and how he is compensating himself. Shareholders are the last in line....
On March 1, 2020, the Company signed a one-year Executive Consultant Compensation Agreement with the Company’s CEO for
services to the Company. The Company’s CEO will be compensated with 5,000,000 restricted shares of the Company’s common stock
for services performed from March 1, 2020 to February 28, 2021. These shares were earned on March 1, 2021. The 5,000,000 shares
were valued at $63,500 or $0.0127 per share and recorded as stock compensation in the accompanying consolidated statement of
operations over the term of the contract. As of March 31, 2021, the 5,000,000 shares have not been issued to the Company’s CEO.
On March 1, 2020, a Work for Hire Agreement was signed between the Munchie Magic subsidiary and the Company’s CEO. The
Company’s CEO is compensated with $3,500 cash per month. The agreement requires the Company’s CEO to make a monthly
minimum payment of $1,000 towards his $18,000 note payable to Munchie Magic. In addition, the Company’s CEO will receive a
cash $10,000 bonus for securing the first and second round of funding and additional bonuses for meeting certain milestones. The
Company’s CEO has earned $8,500 and $10,500 under the agreement for the three months ended March 31, 2021 and 2020. The
amount due the Company.
On March 4, 2020, Munchie Magic signed a Royalty Payment Agreement with the Company’s CEO. Under the agreement, the
Company’s CEO will earn a royalty equal to 11.11% of the net profits of the Munchie Magic business and receive 240 shares of Munchie
Magic common stock. In consideration, the Company’s CEO executed and delivered a $18,000 note payable to Munchie Magic. The
note bears interest at 3% and will be paid from amounts due under the Company CEO’s Work for Hire Agreement with Munchie Magic
dated March 1, 2020, which includes a required monthly minimum payment of $1,000 towards the $18,000 note payable to Munchie
Magic. During November 2020, the CEO repaid the note payable and accrued interest.
On March 22, 2021, the Company signed a 180-day Work for Hire Agreement with Prime Vector, LLC for general consulting services
to the Company. Prime Vector, LLC is a Company owned by the Company’s CEO. The Company’s CEO will be paid $10,000 per
month for an aggregate of $60,000 over the term of the contract. The Company’s CEO was paid $10,000 under the agreement for the
three months ended March 31, 2021.
On June 7, 2021, a corporation converted $17,658 of principal and interest into 3,210,536 shares of the Company’s common stock at
$.00555 per share to fully satisfy a convertible promissory note dated June 3, 2019.
MM did about $12K of gross revenue per month and realized about $2K of net revenue per month after it split the proceeds with the mini-marts and grocery stores. Overall it lost money after deducting G&A expenses.
AveragePenny
3 years ago
$BCCI $RLTR Baristas Upgraded to Highest Designation by OTC Markets Providing PINK Current Information Meeting Upcoming Amended SEC Rule15c2-11 Guidelines
https://www.accesswire.com/656617/baristas-upgraded-to-highest-designation-by-otc-markets-providing-pink-current-information-meeting-upcoming-amended-sec-rule15c2-11-guidelines
SEATTLE, WA / ACCESSWIRE / July 22, 2021 / Baristas Coffee Company/ (OTC PINK:BCCI) has been upgraded by OTC Markets to 'Current Information' the highest of all PINK designations meeting the much stricter upcoming implementation of amended SEC Rule 15c2-11.
OTC Markets Group segments PINK companies based on the information they provide to investors into Current, Limited, or No Information. The Pink Market is for professional and sophisticated investors with a high risk tolerance for trading companies with limited information available and limited regulatory oversight.
The upcoming implementation of amended SEC Rule 15c2-11 will require that all companies quoted on OTC Markets must disclose current information on a continuous basis, effective September 28, 2021. Pink companies will need to update their disclosure to ensure they comply with the new requirements. Alternative Reporting Companies: OTC Markets has updated the Disclosure Guidelines for Alternative Reporting Companies to include all the information required under amended Rule 15c2-11. Companies must follow the Guidelines to be designated "Current Information" or "Limited Information" and remain publicly quoted.
Baristas has now been upgraded to "Current Information' the highest of all designations on the OTC Markets 'PINK' tier. To qualify for Current Information, a non-reporting Pink company must subscribe to the OTC Disclosure & News Service and publish current information pursuant to OTC Markets' Pink Basic Disclosure Guidelines. All current information is made publicly available on www.otcmarkets.com. More information on each of these steps is available as noted below:
Companies will only be processed for 'Current Information' once all required documentation has been submitted:
Financial Statements: Two most recent Annual reports and any subsequent Quarterly Report
Disclosure Statement: Most recent Annual and any subsequent Quarterly Reports
Attorney Letter covering all relevant information for non-audited companies
The Company Profile has been verified through OTCIQ
Barry Henthorn stated: 'Now that the OTC Markets has upgraded BCCI to its highest segmentation under the PINK tier 'Current Information" and we have met the new SEC guidelines for the upcoming Rule 15c2-11, we will be able to openly communicate the progress that the company has made and its plans to further grow the Company. We are very excited about our progress and our future.'
All recently filed financials incorporate an enhanced level of disclosure that is intended to meet the criteria of the highest levels of the OTC Markets and beyond. Investors are strongly advised by OTC Markets to proceed with caution and thoroughly research companies before making any investment decisions.
tigerpac
3 years ago
Reviewed the financials for Barista's as they included full year operation results for Munchie Magic.
Our Munchie Magic subsidiary began generating revenues in April 2020. For the 12-
month period ended March 31, 2021, Munchie Magic generated approximately $144,000 of revenues and
approximately $40,000 of gross margin. We are optimistic about the growth of this business.
Revenues
We generated revenues of $19,896 in the first three months of our Munchie Magic business. We
generated total revenues from operations of $22,557 and $3,102 for the three-months ended June 30, 2020 and
2019, respectively. The increase of $19,455 is attributable to our new Munchie Magic business for the threemonths ended June 30, 2020.
Gross Margins. Once cost of revenues are considered, we reported gross margins of $10,290 and $2,218 for the
three-months ended June 30, 2020 2019, respectively. The increase is attributable to our Magic Munchie
subsidiary.
Operating Expenses.
Our operating expenses were $63,925 and $69,696 for the three-months ended June 30,
2020 and 2019, respectively. The decrease of $5,771 was attributable to an approximate $41,000 decrease in
stock-based compensation for our CEO and others and an approximate $4,000 decrease in depreciation and
amortization as related assets were completely depreciated or amortized in May 2020, offset by an approximate
$39,000 increase for consulting fees, professional fees and other general and administrative expense from our
new Munchie Magic business.
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Think of Munchie magic as a Grub Hub of sorts. Whatever is ordered from the convenience store is booked as total revenue but of course MM doesn't get to keep all the revenue. They must share it with the stores that actually provided the product. The stores amount is the COGS (cost of colds sold). So really the operating margin is how much revenue MM gets to keep then you would start subtracting expenses.
If MM did $144K of revenue for 12 months, they kept only $40K and the rest went to their convenience store partners. So MM gets about a 28% cut of each sale before expenses.
To put it into further context, $12K/month total sales and $3300/month is kept by MM. Average store count maybe around 30 (they have 50+ now) so that translates to $400/sales per store per day with $110 per day sales going to MM. Remember this also includes a couple month worth of beer, wine, and hard alcohol.
In all, BCCI created 40 PR's to pump it's new MM operations. 40 PR's results in $40K in sales the MM gets to keep over the course of their first year in operation.
Also BCCI only owns 52% of MM. The rest of the shares are owned by note holders.
BCCI coffee sale for this quarter just released was $2661. Doesn't quite jive with PR's.
The question is if MM will thrive post COVID are die slowly. It's likely an idea or a platform that can be sold to another company IMO but for how much is unknown.
tigerpac
3 years ago
Our Munchie Magic subsidiary began generating revenues in
April 2020. For the 12-month period ended March 31, 2021, Munchie Magic generated approximately $144,000
of revenues and approximately $40,000 of gross margin. We are optimistic about the growth of this business.
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This is Barry speak IMO. Since MM operates like an auction business where they just take a % from the revenue generated, this means the website generated a total of $144,000 for other retailers (small convenience stores) of which $40,000 was MM's cut. From this point, all the expenses still need to be deducted.
So don't get fooled. A year of MM revenue was $40,000 ($3500 monthly). How many press releases were issued? At least a couple dozen.
Even my start up business has more revenue than MM without a single PR.
davidsson10
3 years ago
https://backend.otcmarkets.com/otcapi/company/financial-report/284183/content
$2,000 per month revenue, $1,200 cash, $1,400 inventory, $95,000 loss in the last quarter.....LMAO! Barry will have to do better than that!
Hey, Barry.....Where's the actual business?
This isn't a business - this is a share-selling hobby!