How to Make Coconut Milk from Shredded Coconut

shredded coconut - I buy Bob's Red Mill Shredded Coconut (where to buy) or this one from Tropical Traditions

hot water (filtered is best)

Optional, for flavor: 1 to 2 teaspoons organic or homemade vanilla extract (like Rodelle Pure Organic Vanilla Extract (where to buy), 1-2 tablespoons raw organic honey (I buy honey by the gallon from Tropical Traditions - it's the BEST!)