Baristas Coffee Company, Inc. (BCCI)

[BobSinCA]

10K not required for BCCI.

They do publish quarterly and annual reports, in the same general timeframe as 10-Qs (45 days after end of quarter) and 10-Ks (105 days) -- although frequently late, which is not uncommon among small companies filing 10-K/10-Q.

Speaking of which, the annual report is 'due' April 15. It will be interesting to see if the promise made a year ago to have audited financials is fulfilled; whether audited or not.

It will be equally interesting to see if they have made any progress in identifying the $7M or so of 'unidentified tangible and intangible assets' put on the balance sheet with the Q2 financials -- or if they are written off due to inability to identify. Would certainly seem like they have had sufficient time to determine the nature of these 'assets' which quite honestly appear to simply be the value of the stock given for professional fees, ice cream distribution, etc. which SHOULD be expensed (rather than left on the balance sheet as an asset) per Generally Accepted Accounting Principles (GAAP).

Indeed, they were originally expensed at .001 per share, but when that value was determined to be wrong (as had been suggested on this board), rather than expensing at the correct value (which would have dwarfed life to date REVENUES for the company) they were put on the balance sheet.