2 cups milk
1/2 cup honey
1/4 cup quick-cooking tapioca
1/2 cup semi-sweet chocolate morsels
1 teaspoon vanilla extract

In a medium saucepan, stir together the milk, honey and tapioca. Let it stand for 10 minutes.

Place the saucepan over medium-high heat. Stirring frequently, bring the mixture to a boil. Continue to cook and stir for 3 more minutes.

Remove from heat. Add the chocolate morsels and vanilla. Stir until the chocolate is melted and the mixture is smooth. Serve warm or cold.