Baristas Coffee Company, Inc. (BCCI)

[BobSinCA]

NASDAQ listing requirements must be met before listing, not after, to best of my knowledge.

You may wish to do your own due diligence, here is url:

https://listingcenter.nasdaq.com/assets/initialguide.pdf

The easiest requirements, for NASDAQ Capital Market, are found on page 9.

If you find evidence that requirements can be met after listing, please post, I am always willing to stand corrected.

Mr. Henthorn's comment that the capital raise could be a potential way to meet the stockholder equity requirement is correct. I will let you do the math as to how many shares would have to be sold to meet that requirement, and what dilution that would entail. Hint: although authorized shares were just increased at a shareholder meeting where you reported the focus to be on NASDAQ uplisting, there are not sufficient unissued shares to meet the requirement at current pps.

Could a private company buy them as a 'cheap' way to go public? Yes, but.... Reporting 'shells' are available for $100K (been there, done that); and not obvious that a reputable, profitable private company would consider a money losing bikini coffee company as an appropriate vehicle for its public market aspirations.

Also, BCCI could attempt to buy a (public) company, as they did with Tully's, and Mr. Henthorn is correct that the combined shareholder equity is what would be evaluated; however, there is no indication they have the financial means to do that, or the business management credibility versus other potential suitors.