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BCCI Exonerated From Tax Liabilities Arising From Confusion
SEATTLE, Nov. 29, 2011 /PRNewswire/ -- Baristas Coffee Company, Inc. (OTCPK: BCCI) announces that does not have any tax liabilities to the Indian Government. BCCI was improperly confused with the Board of Cricket Control as reported by "MUMBAI (Reuters) - The Board of Control for Cricket in India is under investigation for violating the country's foreign exchange laws, sports Minister Ajay Maken said on Tuesday." This has nothing to do with Baristas Coffee Company, Inc.
Baristas Coffee Company has no affiliation with The Board of Control for Cricket in India nor is it the subject of any investigation by the government as was erroneously reported.
"This is an unfortunate confusion that has harmed the Company and its shareholders. We are seeking and expect a full retraction from all news sources that negligently reported information that is defamatory and completely false across the board. This is truly an embarrassment on the news service and we will be pursuing all avenues in order to minimize and recover the damage that has been done," stated Barry Henthorn, CEO.
About Baristas Coffee Company (BCCI): Headquartered in the Seattle, Washington area, Baristas Coffee Company (www.baristas.tv) was formed to create a national brand of drive-thru espresso stands. It is accomplishing this by acquiring established businesses that fit its model, opening new locations, and by franchising. Baristas employs and promotes attractive female baristas trained to interact with the customer to maximize sales as well as prepare the finest beverages available. All baristas wear appealing costumes that change with every shift, allowing for customers to enjoy the anticipation of a fun, creative, new, and intriguing experience every day.
Contact:
Barry Henthorn, CEO
(206) 579-0222
Barry@Baristas.tv
SOURCE Baristas Coffee Company, Inc.
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