Baristas Coffee Company, Inc. (BCCI)

[BobSinCA]

Interested in your source of information about positive financials.

The most recently issued financials (Q1 14, out in early June) included significant restatements of previously issued financials, reducing previously reported revenue (that's a new one, at least for me), and turned previously reported 2012/2013 profits into huge losses.

Having said that, when the company published these financials, they said they were 'audited,' but then on June 17 said
'just kidding,' they weren't -- and did promise that new financials would be out by June 24, and they might include additional restatements.

Not out yet -- three plus weeks after they were promised to be out -- but sounds like you expect the restatements will be less negative than the prior restatements. But not sure that is a good definition of 'positive' financials -- what is your definition?

And perhaps the releasing PR will include information on ice cream revenues as well as the reality show you mentioned, company hasn't said a lot about that in the last two years. Or perhaps it will include information about the SW Florida store that was supposed to open in early Q2, per a Jan 22 2014 PR, but has apparently not opened as yet.

BTW, none of the above means that BCCI will not be green on Monday -- or a month from Monday -- a lot of volatility in this stock.