Baristas to Appoint A. Michael Adams to the Board of Directors - Completes Critical NASDAQ Listing Requirement of Independent Board
"Seattle's World Famous Costume Coffee" announced that A. Michael Adams will join the Board of Directors effective at the Shareholders Meeting scheduled late July. The appointment is in in response to NASDAQ Capital Markets requirement that Companies listed on the Exchange have a Board of Directors comprised by a majority of Independent members. The appointment of Mr. Adams completes the NASDAQ Capital Markets requirement that the company have an independent board of directors.
Seattle, WA, July 8, 2015 (Newswire.com) - Baristas Coffee Company, Inc. (OTCQB:BCCI), “Seattle’s World Famous Costume Coffee” announced that A. Michael Adams will join the Board of Directors effective at the Shareholders Meeting scheduled late July. The appointment is in in response to NASDAQ Capital Markets requirement that Companies listed on the Exchange have a Board of Directors comprised by a majority of Independent members. The appointment of Mr. Adams completes the NASDAQ Capital Markets requirement that the company have an independent board of directors.
A. Michael Adams formed Adams Financial Concepts to manage stock and bond portfolios for clients seeking to create and preserve wealth. Using his own approach to value management, Adams developed his own investment style which combined a bottoms up approach with economic overtones. Adams began his career in the securities industry working his way up the industry and becoming the Vice President of Investments for Dain Bosworth (now RBC) prior to forming Adams Financial Concepts. Mr. Adams hosts a weekly investment radio program “On The Money” on AM Radio 1300 KKOL in Seattle. Michael is a stronghold in the Seattle Community, having served on the Board of Directors, and Vice President of the Seattle International Film Festival. Michael has also served on the Board of Directors and as the President of the Board of Seattle Theatre Group, operating the Paramount and Moore Theatres in Seattle, and as well has served on the Board of Directors for the Seattle Symphony.
Baristas CEO Barry Henthorn stated: “Michael has and continues to serve as the Chairman of our Board of Advisors and brings a wealth of knowledge and financial acumen to Baristas. He has a long standing reputation as one of the premiere private money managers in the Northwest and an authority on domestic and world economics. We welcome his expanded role and are pleased to announce that as of his appointment that Baristas will have met this critical requirement as we move towards the NASDAQ Capital Markets.”
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 also now offers single serve for retail distribution. Baristas is also the subject of "Baristas Grounded in Seattle" a reality TV show that premiered Oct. 11 2014 on WEtv and can be viewed for a short time at http://youtu.be/NnTP58vbc1k that takes an unprecedented and brutally honest look into the lives behind the scenes of girls from a variety of backgrounds who work in the Baristas stands. Baristas can currently be found in seven greater Seattle area locations as well as in 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
(206) 579-0222
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Tags: A. Michael Adams, Baristas, coffee, Franchise, NASDAQ, stocks