Baristas Coffee Company Inc.
SEATTLE, WA / ACCESSWIRE / August 12, 2021 / Baristas Coffee Company/Munchie Magic (OTC PINK:BCCI) is expanding its virtual restaurants to include "Thai Dah" a virtual Thai restaurant.
"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.
The initial Munchie Magic Virtual Restaurant concept that delivers late night packaged convenience snacks is expanding to include "Thai Dah" that specializes in Thai food. The agreement also allows for Thai Dah to develop in concert with ReelTime or independently, derivatives and/or stand-alone methodologies.
Baristas 'Munchie Magic' has opened more than 50 locations in the past twelve months delivering Ben & Jerry's ice cream, snacks, and hot foods to customers via delivery partners DoorDash, GrubHub, and Uber Eats. www.baristas.tv www.munchiemagic.com in now in 10 states.
Barry Henthorn, CEO, stated: 'The excitement we have for Thai Dah is unmatched. The success of Munchie Magic and virtual restaurants in general makes the expansion into delivering Thai Cuisine with Thai Dah a natural progression. We are excited to begin delivering quality Thai food to customers across America."
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.
Baristas 'Munchie Magic' has opened more than 50 locations in the past twelve months delivering Ben & Jerry's ice cream, snacks, and hot foods to customers via delivery partners DoorDash, GrubHub, and Uber Eats. www.baristas.tv www.munchiemagic.com in WA State and has now expanded into Oregon and California as well.
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.
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 .
About Baristas Coffee Company/Munchie Magic: Baristas is a publicly traded national Coffee Company that is recognized throughout the US. It is the majority shareholder of Munchie Magic, Inc. which manages the virtual restaurant which delivers Ben & Jerry's ice cream, Baristas Coffee, and other snack foods via third party delivery partners. Baristas currently produces and sells coffee related products under the Baristas brand. The Baristas White Coffee single-serve cups compatible with the Keurig 2.0 brewing system is the bestselling product in its category. Baristas also markets other coffee-related products. Baristas gained mainstream exposure when it became the subject of 'Grounded in Seattle' the reality show special feature which aired on WE tv. It has been featured nationally including during Shark Tank on CNBC with Front Montgomery, CNN, ESPN, Food Network, Cosmopolitan Magazine, Forbes Magazine, Modern Living with Kathy Ireland, Sports Illustrated, NFL Monday and Thursday Night Football with Megs McLean, at NASCAR Races, The Grammys, NBA TV, and other notable media.
In Other News:
CONTACT:
Barry Henthorn
barry@baristas.tv
SOURCE: Baristas Coffee Company Inc.
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